Q2 EPS Forecast for Comstock Resources Decreased by Analyst

Comstock Resources, Inc. (NYSE:CRK) – KeyCorp dropped their Q2 2026 EPS estimates for Comstock Resources in a report released on Wednesday, April 1st. KeyCorp analyst T. Rezvan now anticipates that the oil and gas producer will post earnings per share of $0.05 for the quarter, down from their prior forecast of $0.07. The consensus estimate for Comstock Resources’ current full-year earnings is $0.54 per share. KeyCorp also issued estimates for Comstock Resources’ Q2 2027 earnings at $0.25 EPS and Q3 2027 earnings at $0.26 EPS.

CRK has been the subject of a number of other research reports. UBS Group set a $17.00 target price on shares of Comstock Resources in a research note on Friday, February 13th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Comstock Resources in a research note on Monday, December 29th. Mizuho increased their price target on shares of Comstock Resources from $21.00 to $29.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Bank of America downgraded shares of Comstock Resources from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $27.00 to $24.00 in a research report on Friday, January 16th. Finally, Citigroup boosted their price objective on Comstock Resources from $23.00 to $24.00 and gave the stock a “neutral” rating in a report on Tuesday, March 31st. One research analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $20.88.

Comstock Resources Trading Down 0.2%

CRK stock opened at $19.50 on Friday. Comstock Resources has a twelve month low of $14.65 and a twelve month high of $31.17. The company has a market cap of $5.73 billion, a P/E ratio of 13.83 and a beta of 0.39. The business has a fifty day moving average of $20.76 and a 200-day moving average of $21.44. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.95.

Comstock Resources (NYSE:CRK) last posted its quarterly earnings data on Wednesday, February 11th. The oil and gas producer reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.05. The firm had revenue of $787.32 million during the quarter, compared to analysts’ expectations of $504.66 million. Comstock Resources had a net margin of 17.80% and a return on equity of 6.30%. Comstock Resources’s revenue was up 115.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.16 EPS.

Institutional Trading of Comstock Resources

Several large investors have recently modified their holdings of the stock. AQR Capital Management LLC acquired a new position in Comstock Resources in the first quarter valued at about $627,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Comstock Resources by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 55,236 shares of the oil and gas producer’s stock worth $1,124,000 after buying an additional 2,697 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Comstock Resources by 67.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,086,868 shares of the oil and gas producer’s stock valued at $22,107,000 after buying an additional 437,476 shares during the period. Intech Investment Management LLC increased its holdings in Comstock Resources by 26.0% in the 1st quarter. Intech Investment Management LLC now owns 65,289 shares of the oil and gas producer’s stock valued at $1,328,000 after buying an additional 13,485 shares during the period. Finally, Creative Planning raised its position in shares of Comstock Resources by 24.2% in the 2nd quarter. Creative Planning now owns 18,083 shares of the oil and gas producer’s stock valued at $500,000 after buying an additional 3,519 shares in the last quarter. 36.13% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Comstock Resources news, VP Patrick Mcgough sold 48,915 shares of Comstock Resources stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $21.20, for a total value of $1,036,998.00. Following the completion of the transaction, the vice president directly owned 187,516 shares of the company’s stock, valued at $3,975,339.20. The trade was a 20.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.20% of the stock is currently owned by company insiders.

Comstock Resources Company Profile

Comstock Resources, Inc is an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties in the United States. The company focuses on generating long-term value through the efficient development of unconventional resource plays and conventional prospects. Its activities encompass drilling, completion and production operations, as well as the marketing of natural gas, natural gas liquids and crude oil.

Comstock holds a core position in the Haynesville Shale of Northwest Louisiana, one of the most active natural gas plays in North America, and has built a complementary portfolio in the Delaware Basin of West Texas.