NYSE:CRK Comstock Resources (CRK) Stock Price, News & Analysis → AI to Meet the Same Fate as EVs? (From Porter & Company) (Ad) Free CRK Stock Alerts $9.28 +0.02 (+0.22%) (As of 04:10 PM ET) Add Compare Share Share Today's Range$9.14▼$9.4050-Day Range$7.28▼$9.2652-Week Range$7.07▼$13.39Volume4.94 million shsAverage Volume4.89 million shsMarket Capitalization$2.58 billionP/E Ratio12.21Dividend Yield5.39%Price Target$10.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Comstock Resources alerts: Email Address Comstock Resources MarketRank™ Stock AnalysisAnalyst RatingHold2.13 Rating ScoreUpside/Downside9.6% Upside$10.17 Price TargetShort InterestHealthy24.65% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-7.89Upright™ Environmental ScoreNews Sentiment0.68Based on 20 Articles This WeekInsider TradingAcquiring Shares$100.50 M Bought Last QuarterProj. Earnings Growth204.35%From $0.46 to $1.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.34 out of 5 starsOils/Energy Sector44th out of 237 stocksCrude Petroleum & Natural Gas Industry23rd out of 73 stocks 2.1 Analyst's Opinion Consensus RatingComstock Resources has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.17, Comstock Resources has a forecasted upside of 9.6% from its current price of $9.28.Amount of Analyst CoverageComstock Resources has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted24.65% of the float of Comstock Resources has been sold short.Short Interest Ratio / Days to CoverComstock Resources has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Comstock Resources has recently decreased by 12.31%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipComstock Resources is a leading dividend payer. It pays a dividend yield of 5.64%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthComstock Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Comstock Resources is 65.79%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Comstock Resources will have a dividend payout ratio of 35.71% next year. This indicates that Comstock Resources will be able to sustain or increase its dividend. Previous Next 0.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreComstock Resources has received a -69.49% net impact score from Upright. The largest negative impact of Comstock Resources in category "GHG emissions" seems to be driven mostly by its "Crude natural gas", "Natural gas exploration services", and "Oil exploration services" products. See details.Environmental SustainabilityThe Environmental Impact score for Comstock Resources is -7.89. Previous Next 2.6 News and Social Media Coverage News SentimentComstock Resources has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Comstock Resources this week, compared to 4 articles on an average week.Search InterestOnly 13 people have searched for CRK on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Comstock Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Comstock Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $100,500,000.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.50% of the stock of Comstock Resources is held by insiders.Percentage Held by InstitutionsOnly 36.13% of the stock of Comstock Resources is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Comstock Resources are expected to grow by 204.35% in the coming year, from $0.46 to $1.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Comstock Resources is 12.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Comstock Resources is 12.21, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.44.Price to Book Value per Share RatioComstock Resources has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyAI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… Simply click here to read Porter’s warning on The Big AI Die-Up now. About Comstock Resources Stock (NYSE:CRK)Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. Its assets are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. The company was incorporated in 1919 and is headquartered in Frisco, Texas.Read More CRK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRK Stock News HeadlinesMarch 26, 2024 | insidertrades.comComstock Resources, Inc. (NYSE:CRK) Major Shareholder Purchases $100,500,000.00 in StockMarch 28, 2024 | forbes.comJerry Jones Bet Big On Natural Gas Last Week — The Rise Of Energy Hungry A.I. Means You Should TooMarch 28, 2024 | Porter & Company (Ad)AI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… March 28, 2024 | americanbankingnews.comComstock Resources Target of Unusually Large Options Trading (NYSE:CRK)March 26, 2024 | americanbankingnews.comComstock Resources, Inc. (NYSE:CRK) Major Shareholder Buys $100,500,000.00 in StockMarch 25, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for Comstock Resources, Inc. (NYSE:CRK) Boosted by AnalystMarch 23, 2024 | americanbankingnews.comQ3 2024 EPS Estimates for Comstock Resources, Inc. Decreased by Analyst (NYSE:CRK)March 22, 2024 | americanbankingnews.comTraders Purchase Large Volume of Comstock Resources Put Options (NYSE:CRK)March 28, 2024 | Porter & Company (Ad)AI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… March 21, 2024 | markets.businessinsider.comTruist Financial Keeps Their Hold Rating on Comstock Resources (CRK)March 21, 2024 | finance.yahoo.comJerry Jones Boosts Natural Gas Bet by $100 MillionMarch 21, 2024 | americanbankingnews.comReviewing Comstock Resources (NYSE:CRK) and Coterra Energy (NYSE:CTRA)March 20, 2024 | globenewswire.comCOMSTOCK RESOURCES, INC. ANNOUNCES $100.5 MILLION INVESTMENT BY MAJORITY SHAREHOLDERMarch 19, 2024 | americanbankingnews.comComstock Resources (NYSE:CRK) Upgraded to Sell at StockNews.comMarch 19, 2024 | americanbankingnews.comComstock Resources (NYSE:CRK) Price Target Cut to $9.00March 18, 2024 | finance.yahoo.comCRK Apr 2024 14.000 putMarch 17, 2024 | finance.yahoo.comCRK Apr 2024 9.000 callMarch 16, 2024 | finance.yahoo.comCRK Apr 2024 8.000 callMarch 16, 2024 | finance.yahoo.comCRK Apr 2024 8.000 putMarch 15, 2024 | seekingalpha.comComstock Resources: Ace In The HoleMarch 14, 2024 | finance.yahoo.comRecent 4.1% pullback isn't enough to hurt long-term Comstock Resources (NYSE:CRK) shareholders, they're still up 57% over 3 yearsMarch 12, 2024 | seekingalpha.comComstock Resources - Volatility Breeds OpportunityMarch 12, 2024 | seekingalpha.comDevon Energy: Turnaround Underway, Time To Buy (Rating Upgrade)March 7, 2024 | markets.businessinsider.comDecoding 5 Analyst Evaluations For Comstock ResourcesFebruary 27, 2024 | wsj.comComstock Resources Inc.February 21, 2024 | reuters.comTumbling US natural gas prices prove unstoppable, hurting producersFebruary 15, 2024 | msn.comAntero latest natural gas driller to cut spending, activity as prices collapseSee More Headlines Receive CRK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Comstock Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/13/2024Today3/28/2024Next Earnings (Estimated)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production Current SymbolNYSE:CRK CUSIP20576820 CIK23194 Webwww.crkfrisco.com Phone(972) 668-8800Fax972-668-8812Employees251Year FoundedN/APrice Target and Rating Average Stock Price Target$10.17 High Stock Price Target$13.00 Low Stock Price Target$8.00 Potential Upside/Downside+9.8%Consensus RatingHold Rating Score (0-4)2.13 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.76 Trailing P/E Ratio12.18 Forward P/E Ratio20.13 P/E GrowthN/ANet Income$211.12 million Net Margins13.49% Pretax Margin15.78% Return on Equity5.65% Return on Assets2.21% Debt Debt-to-Equity Ratio1.11 Current Ratio0.68 Quick Ratio0.68 Sales & Book Value Annual Sales$1.57 billion Price / Sales1.65 Cash Flow$2.81 per share Price / Cash Flow3.30 Book Value$8.56 per share Price / Book1.08Miscellaneous Outstanding Shares278,430,000Free Float274,253,000Market Cap$2.58 billion OptionableOptionable Beta0.69 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Miles Jay Allison (Age 68)Chairman of the Board of Directors & CEO Comp: $5.95MMr. Roland O. Burns (Age 64)President, CFO, Secretary & Director Comp: $2.94MMr. Daniel S. Harrison (Age 60)Chief Operating Officer Comp: $1.29MMr. Daniel K. Presley (Age 64)VP of Accounting, Controller & Treasurer Comp: $698.31kMr. Ronald Eugene Mills (Age 52)Vice President of Finance & Investor Relations Mr. Clifford Doyle Newell III (Age 45)VP of Corporate Development & Chief Commercial Officer Mr. Michael D. McBurney (Age 69)Executive Officer Mr. Patrick H. Mcgough (Age 43)Vice President of Operations More ExecutivesKey CompetitorsCallon PetroleumNYSE:CPEKosmos EnergyNYSE:KOSVAALCO EnergyNYSE:EGYSM EnergyNYSE:SMMatador ResourcesNYSE:MTDRView All CompetitorsInsiders & InstitutionsStar Exploration Corp BlueBought 12,500,000 shares on 3/25/2024Total: $100.50 M ($8.04/share)Hennessy Advisors Inc.Sold 20,000 shares on 3/14/2024Ownership: 0.017%Vanguard Group Inc.Bought 34,231 shares on 3/11/2024Ownership: 3.889%Goldman Sachs Group Inc.Bought 222,803 shares on 3/1/2024Ownership: 0.527%Virtu Financial LLCBought 54,132 shares on 2/26/2024Ownership: 0.023%View All Insider TransactionsView All Institutional Transactions CRK Stock Analysis - Frequently Asked Questions Should I buy or sell Comstock Resources stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Comstock Resources in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CRK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRK, but not buy additional shares or sell existing shares. View CRK analyst ratings or view top-rated stocks. What is Comstock Resources' stock price target for 2024? 8 Wall Street analysts have issued 1 year price objectives for Comstock Resources' shares. Their CRK share price targets range from $8.00 to $13.00. On average, they expect the company's stock price to reach $10.17 in the next year. This suggests a possible upside of 9.6% from the stock's current price. View analysts price targets for CRK or view top-rated stocks among Wall Street analysts. How have CRK shares performed in 2024? Comstock Resources' stock was trading at $8.85 on January 1st, 2024. Since then, CRK stock has increased by 4.9% and is now trading at $9.28. View the best growth stocks for 2024 here. Are investors shorting Comstock Resources? Comstock Resources saw a decrease in short interest in March. As of March 15th, there was short interest totaling 22,300,000 shares, a decrease of 12.3% from the February 29th total of 25,430,000 shares. Based on an average daily trading volume, of 4,740,000 shares, the short-interest ratio is presently 4.7 days. Currently, 24.7% of the shares of the company are sold short. View Comstock Resources' Short Interest. When is Comstock Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our CRK earnings forecast. How were Comstock Resources' earnings last quarter? Comstock Resources, Inc. (NYSE:CRK) announced its quarterly earnings data on Tuesday, February, 13th. The oil and gas producer reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.06. The oil and gas producer earned $410.58 million during the quarter, compared to the consensus estimate of $401.97 million. Comstock Resources had a trailing twelve-month return on equity of 5.65% and a net margin of 13.49%. Comstock Resources's revenue for the quarter was down 55.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.05 earnings per share. How often does Comstock Resources pay dividends? What is the dividend yield for Comstock Resources? Comstock Resources declared a quarterly dividend on Monday, October 30th. Shareholders of record on Friday, December 1st will be paid a dividend of $0.125 per share on Friday, December 15th. This represents a $0.50 annualized dividend and a yield of 5.39%. The ex-dividend date of this dividend is Thursday, November 30th. Read our dividend analysis for CRK. Is Comstock Resources a good dividend stock? Comstock Resources (NYSE:CRK) pays an annual dividend of $0.50 per share and currently has a dividend yield of 5.64%. CRK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 65.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CRK will have a dividend payout ratio of 35.71% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CRK. What ETFs hold Comstock Resources' stock? ETFs with the largest weight of Comstock Resources (NYSE:CRK) stock in their portfolio include The Acquirers Fund (ZIG), Invesco Energy Exploration & Production ETF (PXE), Invesco S&P SmallCap Energy ETF (PSCE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), First Trust Natural Gas ETF (FCG), Euclidean Fundamental Value ETF (ECML) and Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH). When did Comstock Resources' stock split? Comstock Resources's stock reverse split on Monday, August 1st 2016. The 1-5 reverse split was announced on Wednesday, July 20th 2016. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 29th 2016. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split. What other stocks do shareholders of Comstock Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Comstock Resources investors own include CVS Health (CVS), Advanced Micro Devices (AMD), Bank of America (BAC), Micron Technology (MU), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Chesapeake Energy (CHKAQ), Constellation Brands (STZ) and AbbVie (ABBV). Who are Comstock Resources' major shareholders? Comstock Resources' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.89%), Vanguard Group Inc. (3.89%), Dimensional Fund Advisors LP (2.92%), Goldman Sachs Group Inc. (0.53%), Goldman Sachs Group Inc. (0.53%) and First Trust Advisors LP (0.45%). Insiders that own company stock include Brian Christopher Claunch, Jim L Turner, M Jay Allison, Morris E Foster, Patrick Mcgough, Roland O Burns and Star Exploration Corp Blue. View institutional ownership trends. How do I buy shares of Comstock Resources? Shares of CRK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:CRK) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm Press“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryMost important medical advance in 100 yearsThe Oxford ClubFed launches fourth dollar overhaulStansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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