Q2 EPS Forecast for Comstock Resources Lowered by Analyst

Comstock Resources, Inc. (NYSE:CRK) – Stock analysts at Capital One Financial dropped their Q2 2025 earnings estimates for shares of Comstock Resources in a note issued to investors on Friday, May 2nd. Capital One Financial analyst P. Johnston now anticipates that the oil and gas producer will post earnings per share of $0.26 for the quarter, down from their previous forecast of $0.29. The consensus estimate for Comstock Resources’ current full-year earnings is $0.54 per share. Capital One Financial also issued estimates for Comstock Resources’ Q3 2025 earnings at $0.30 EPS, Q4 2025 earnings at $0.34 EPS, FY2025 earnings at $1.08 EPS, FY2026 earnings at $1.82 EPS, FY2027 earnings at $1.22 EPS and FY2028 earnings at $1.43 EPS.

Comstock Resources (NYSE:CRK) last posted its earnings results on Wednesday, April 30th. The oil and gas producer reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. The business had revenue of $512.85 million for the quarter, compared to analysts’ expectations of $408.99 million. Comstock Resources had a negative return on equity of 3.10% and a negative net margin of 18.32%. The business’s revenue was up 52.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.03) earnings per share.

CRK has been the topic of a number of other reports. Piper Sandler lifted their target price on shares of Comstock Resources from $5.00 to $6.00 and gave the company an “underweight” rating in a report on Wednesday, January 29th. StockNews.com upgraded shares of Comstock Resources to a “sell” rating in a research note on Saturday, April 19th. UBS Group started coverage on shares of Comstock Resources in a research note on Tuesday, April 22nd. They set a “neutral” rating and a $19.00 target price for the company. Truist Financial raised their price target on Comstock Resources from $11.00 to $19.00 and gave the stock a “hold” rating in a report on Monday, January 13th. Finally, Morgan Stanley reaffirmed a “cautious” rating and set a $22.00 price objective (up from $21.00) on shares of Comstock Resources in a research note on Wednesday, March 26th. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $14.23.

Comstock Resources Trading Up 7.3 %

CRK opened at $20.25 on Monday. 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 52 week low of $7.74 and a 52 week high of $22.06. The business’s 50 day moving average is $18.93 and its two-hundred day moving average is $17.38. The firm has a market cap of $5.93 billion, a price-to-earnings ratio of -26.64, a price-to-earnings-growth ratio of 1.65 and a beta of 0.42.

Institutional Trading of Comstock Resources

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. VSM Wealth Advisory LLC purchased a new position in Comstock Resources in the fourth quarter valued at about $27,000. Nisa Investment Advisors LLC increased its stake in Comstock Resources by 129.3% in the 1st quarter. Nisa Investment Advisors LLC now owns 2,075 shares of the oil and gas producer’s stock valued at $42,000 after purchasing an additional 1,170 shares in the last quarter. Emerald Mutual Fund Advisers Trust acquired a new position in Comstock Resources during the first quarter worth $52,000. Sterling Capital Management LLC boosted its position in Comstock Resources by 804.6% during the fourth quarter. Sterling Capital Management LLC now owns 2,958 shares of the oil and gas producer’s stock worth $54,000 after purchasing an additional 2,631 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in Comstock Resources by 225.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,359 shares of the oil and gas producer’s stock valued at $64,000 after purchasing an additional 2,326 shares during the last quarter. Institutional investors and hedge funds own 36.13% of the company’s stock.

About Comstock Resources

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.