NYSE:CRK

Comstock Resources (CRK) Stock Price, News & Analysis

$9.98
+0.12 (+1.22%)
(As of 05/3/2024 ET)
Today's Range
$9.84
$10.14
50-Day Range
$7.88
$10.40
52-Week Range
$7.07
$13.39
Volume
2.38 million shs
Average Volume
3.56 million shs
Market Capitalization
$2.92 billion
P/E Ratio
45.37
Dividend Yield
N/A
Price Target
$9.75

Comstock Resources MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
2.3% Downside
$9.75 Price Target
Short Interest
Bearish
37.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
-7.89
Upright™ Environmental Score
News Sentiment
0.59mentions of Comstock Resources in the last 14 days
Based on 17 Articles This Week
Insider Trading
Acquiring Shares
$100.50 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.13) to $0.82 Per Share

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.

1.76 out of 5 stars

Oils/Energy Sector

189th out of 240 stocks

Crude Petroleum & Natural Gas Industry

64th out of 77 stocks

CRK stock logo

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.

CRK Stock Price History

CRK Stock News Headlines

Stock-Picking AI Predicts #1 Stock of 2024
Since the start of the year, the top 10 investment funds in the world – including Vanguard, Blackrock, Fidelity and JP Morgan – have made nearly $1 trillion in profits on these 7 stocks.
Stock-Picking AI Predicts #1 Stock of 2024
Since the start of the year, the top 10 investment funds in the world – including Vanguard, Blackrock, Fidelity and JP Morgan – have made nearly $1 trillion in profits on these 7 stocks.
Comstock: Q1 Earnings Snapshot
Comstock Resources (NYSE:CRK) Upgraded to Sell by StockNews.com
Comstock Resources: Another Jerry Jones 'Draft Pick'
Decoding 7 Analyst Evaluations For Comstock Resources
Truist Financial Keeps Their Hold Rating on Comstock Resources (CRK)
Jerry Jones Boosts Natural Gas Bet by $100 Million
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/05/2024
Next Earnings (Estimated)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
20576820
Employees
251
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.75
High Stock Price Target
$13.50
Low Stock Price Target
$8.00
Potential Upside/Downside
-2.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
8 Analysts

Profitability

Net Income
$211.12 million
Pretax Margin
3.54%

Debt

Sales & Book Value

Annual Sales
$1.57 billion
Cash Flow
$2.69 per share
Book Value
$8.48 per share

Miscellaneous

Free Float
287,819,000
Market Cap
$2.92 billion
Optionable
Optionable
Beta
0.70
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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 year. There are currently 2 sell ratings, 4 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 equities research analysts have issued 1 year target prices for Comstock Resources' stock. Their CRK share price targets range from $8.00 to $13.50. On average, they expect the company's share price to reach $9.75 in the next twelve months. This suggests that the stock has a possible downside of 2.3%.
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 at the start of the year. Since then, CRK stock has increased by 12.8% and is now trading at $9.98.
View the best growth stocks for 2024 here
.

Are investors shorting Comstock Resources?

Comstock Resources saw a increase in short interest in April. As of April 15th, there was short interest totaling 29,330,000 shares, an increase of 15.7% from the March 31st total of 25,340,000 shares. Based on an average daily volume of 4,510,000 shares, the short-interest ratio is currently 6.5 days. Currently, 37.2% of the company's stock 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 Monday, July 29th 2024.
View our CRK earnings forecast
.

How were Comstock Resources' earnings last quarter?

Comstock Resources, Inc. (NYSE:CRK) announced its quarterly earnings data on Wednesday, May, 1st. The oil and gas producer reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.05. The oil and gas producer had revenue of $335.77 million for the quarter, compared to the consensus estimate of $343.97 million. Comstock Resources had a net margin of 4.27% and a trailing twelve-month return on equity of 1.25%. The firm's revenue was down 31.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.33 EPS.

How often does Comstock Resources pay dividends? What is the dividend yield for Comstock Resources?

Comstock Resources announced a quarterly dividend on Monday, October 30th. Investors of record on Friday, December 1st will be given a dividend of $0.125 per share on Friday, December 15th. This represents a $0.50 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date is Thursday, November 30th.
Read our dividend analysis for CRK
.

When did Comstock Resources' stock split?

Shares of Comstock Resources reverse split on the morning of 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 closing bell 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 a variety of retail and institutional investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (0.22%), Principal Financial Group Inc. (0.17%), Janney Montgomery Scott LLC (0.12%), GSA Capital Partners LLP (0.10%), BNP Paribas Financial Markets (0.09%) and Simplex Trading LLC (0.00%). 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 5/5/2024 by MarketBeat.com Staff

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