Roth Capital Analysts Reduce Earnings Estimates for CRK

Comstock Resources, Inc. (NYSE:CRK) – Investment analysts at Roth Capital reduced their Q3 2025 earnings estimates for shares of Comstock Resources in a research report issued to clients and investors on Monday, August 18th. Roth Capital analyst L. Mariani now expects that the oil and gas producer will post earnings of $0.03 per share for the quarter, down from their prior estimate of $0.10. Roth Capital currently has a “Sell” rating and a $12.00 target price on the stock. The consensus estimate for Comstock Resources’ current full-year earnings is $0.54 per share.

Other equities research analysts also recently issued reports about the stock. Citigroup reaffirmed a “neutral” rating and set a $27.00 target price (up from $22.00) on shares of Comstock Resources in a research note on Friday, June 13th. Piper Sandler cut their target price on shares of Comstock Resources from $12.00 to $10.00 and set an “underweight” rating on the stock in a research note on Monday, August 4th. Wolfe Research raised shares of Comstock Resources from a “peer perform” rating to an “outperform” rating and set a $34.00 target price on the stock in a research note on Tuesday, June 17th. Bank of America upped their target price on shares of Comstock Resources from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Friday, May 23rd. Finally, UBS Group cut their target price on shares of Comstock Resources from $20.00 to $18.00 and set a “sell” rating on the stock in a research note on Thursday, July 31st. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, Comstock Resources has an average rating of “Reduce” and a consensus price target of $18.58.

Comstock Resources Price Performance

Comstock Resources stock opened at $15.2250 on Tuesday. The company’s 50 day simple moving average is $22.31 and its 200-day simple moving average is $20.92. The company has a market capitalization of $4.46 billion, a price-to-earnings ratio of -63.43 and a beta of 0.28. Comstock Resources has a 1 year low of $9.09 and a 1 year high of $31.17. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.36 and a current ratio of 0.36.

Comstock Resources (NYSE:CRK) last released its quarterly earnings results on Wednesday, July 30th. The oil and gas producer reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.04. The business had revenue of $470.26 million for the quarter, compared to the consensus estimate of $431.82 million. Comstock Resources had a negative net margin of 5.05% and a positive return on equity of 3.65%. The business’s revenue was up 90.5% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.20) EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Illinois Municipal Retirement Fund grew its holdings in Comstock Resources by 1.2% during the 1st quarter. Illinois Municipal Retirement Fund now owns 45,075 shares of the oil and gas producer’s stock worth $917,000 after acquiring an additional 550 shares in the last quarter. GAMMA Investing LLC grew its holdings in Comstock Resources by 17.6% during the 1st quarter. GAMMA Investing LLC now owns 6,803 shares of the oil and gas producer’s stock worth $138,000 after acquiring an additional 1,017 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in Comstock Resources during the 2nd quarter worth approximately $29,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Comstock Resources by 11.0% in 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 buying an additional 1,145 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of 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 buying an additional 1,170 shares in 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.