Q1 EPS Forecast for Comstock Resources Lowered by Analyst

Comstock Resources, Inc. (NYSE:CRK) – Investment analysts at KeyCorp reduced their Q1 2026 earnings per share (EPS) estimates for shares of Comstock Resources in a note issued to investors on Thursday, January 15th. KeyCorp analyst T. Rezvan now expects that the oil and gas producer will post earnings of $0.15 per share for the quarter, down from their previous forecast of $0.22. The consensus estimate for Comstock Resources’ current full-year earnings is $0.54 per share. KeyCorp also issued estimates for Comstock Resources’ Q2 2026 earnings at $0.07 EPS, Q3 2026 earnings at $0.09 EPS, Q4 2026 earnings at $0.24 EPS, FY2026 earnings at $0.55 EPS, Q1 2027 earnings at $0.29 EPS, Q4 2027 earnings at $0.31 EPS and FY2027 earnings at $0.99 EPS.

A number of other brokerages also recently commented on CRK. Weiss Ratings reissued a “hold (c-)” rating on shares of Comstock Resources in a research report on Monday, December 29th. Zacks Research upgraded shares of Comstock Resources from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 12th. Citigroup reissued a “neutral” rating and issued a $25.00 target price (up previously from $24.00) on shares of Comstock Resources in a report on Wednesday, January 14th. Mizuho raised their price target on Comstock Resources from $21.00 to $29.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Finally, Bank of America downgraded Comstock Resources from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $27.00 to $24.00 in a report on Friday, January 16th. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $20.22.

Comstock Resources Stock Up 5.2%

CRK stock opened at $22.29 on Monday. The company’s 50 day moving average price is $23.55 and its 200 day moving average price is $20.39. The firm has a market capitalization of $6.53 billion, a price-to-earnings ratio of 89.15 and a beta of 0.39. Comstock Resources has a fifty-two week low of $14.65 and a fifty-two week high of $31.17. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.41 and a current ratio of 0.41.

Comstock Resources (NYSE:CRK) last posted its quarterly earnings results on Monday, November 3rd. The oil and gas producer reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.05. Comstock Resources had a return on equity of 6.71% and a net margin of 3.14%.The company had revenue of $449.85 million for the quarter, compared to analyst estimates of $433.54 million. During the same quarter last year, the company earned ($0.17) EPS. Comstock Resources’s revenue for the quarter was up 47.8% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Eastern Bank purchased a new stake in Comstock Resources in the fourth quarter valued at approximately $58,000. Wealthcare Advisory Partners LLC acquired a new position in shares of Comstock Resources in the 4th quarter valued at $320,000. CoreCap Advisors LLC raised its position in Comstock Resources by 821.9% in the 4th quarter. CoreCap Advisors LLC now owns 3,365 shares of the oil and gas producer’s stock valued at $78,000 after purchasing an additional 3,000 shares during the last quarter. SG Americas Securities LLC boosted its stake in Comstock Resources by 1,200.3% during the 4th quarter. SG Americas Securities LLC now owns 331,937 shares of the oil and gas producer’s stock worth $7,694,000 after purchasing an additional 306,410 shares during the period. Finally, GAMMA Investing LLC grew its position in Comstock Resources by 12.1% during the 4th quarter. GAMMA Investing LLC now owns 6,303 shares of the oil and gas producer’s stock worth $146,000 after purchasing an additional 679 shares during the last quarter. Hedge funds and other institutional investors own 36.13% of the company’s stock.

About Comstock Resources

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.