Q1 EPS Estimates for Comstock Resources Raised by KeyCorp

Comstock Resources, Inc. (NYSE:CRK) – KeyCorp upped their Q1 2025 earnings per share (EPS) estimates for Comstock Resources in a research report issued on Sunday, April 20th. KeyCorp analyst T. Rezvan now expects that the oil and gas producer will earn $0.16 per share for the quarter, up from their previous forecast of $0.09. The consensus estimate for Comstock Resources’ current full-year earnings is $0.54 per share. KeyCorp also issued estimates for Comstock Resources’ Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.17 EPS, Q4 2025 earnings at $0.24 EPS, FY2025 earnings at $0.71 EPS, Q2 2026 earnings at $0.15 EPS and Q3 2026 earnings at $0.15 EPS.

Several other research firms have also recently weighed in on CRK. Piper Sandler increased their price objective on Comstock Resources from $5.00 to $6.00 and gave the company an “underweight” rating in a research report on Wednesday, January 29th. StockNews.com upgraded shares of Comstock Resources to a “sell” rating in a research report on Saturday, April 19th. UBS Group assumed coverage on shares of Comstock Resources in a research note on Tuesday. They issued a “neutral” rating and a $19.00 target price for the company. Williams Trading set a $13.00 price target on Comstock Resources in a report on Wednesday, March 5th. Finally, Truist Financial lifted their price objective on Comstock Resources from $11.00 to $19.00 and gave the stock a “hold” rating in a report on Monday, January 13th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $14.23.

Comstock Resources Stock Up 1.5 %

Shares of Comstock Resources stock opened at $18.50 on Wednesday. The stock has a 50 day moving average price of $19.00 and a two-hundred day moving average price of $16.97. The company has a quick ratio of 0.60, a current ratio of 0.46 and a debt-to-equity ratio of 1.27. Comstock Resources has a 12-month low of $7.74 and a 12-month high of $22.06. The stock has a market capitalization of $5.42 billion, a P/E ratio of -24.34, a PEG ratio of 1.65 and a beta of 0.42.

Comstock Resources (NYSE:CRK) last posted its quarterly earnings results on Tuesday, February 18th. The oil and gas producer reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.14. Comstock Resources had a negative net margin of 18.32% and a negative return on equity of 3.10%. The business had revenue of $366.51 million for the quarter, compared to the consensus estimate of $370.62 million.

Institutional Investors Weigh In On Comstock Resources

Large investors have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Comstock Resources by 11.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,599 shares of the oil and gas producer’s stock valued at $236,000 after acquiring an additional 1,145 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Comstock Resources by 17.6% during the first quarter. GAMMA Investing LLC now owns 6,803 shares of the oil and gas producer’s stock valued at $138,000 after purchasing an additional 1,017 shares in the last quarter. Pullen Investment Management LLC grew its holdings in shares of Comstock Resources by 47.0% during the fourth quarter. Pullen Investment Management LLC now owns 88,296 shares of the oil and gas producer’s stock worth $1,609,000 after purchasing an additional 28,251 shares during the last quarter. GF Fund Management CO. LTD. acquired a new position in shares of Comstock Resources in the fourth quarter valued at approximately $501,000. Finally, PharVision Advisers LLC bought a new position in Comstock Resources in the 4th quarter valued at approximately $295,000. Institutional investors and hedge funds own 36.13% of the company’s stock.

Comstock Resources Company Profile

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.