Comstock Resources (NYSE:CRK) Upgraded at Wall Street Zen

Posted by Geri Gentry on Oct 6th, 2026

Wall Street Zen upgraded shares of Comstock Resources (NYSE:CRK – Free Report) from a strong sell rating to a sell rating in a research note released on Saturday,Wall Street Zen reports.

Other equities research analysts also recently issued reports about the stock. BMO Capital Markets reiterated a “market perform” rating and set a $17.00 target price (up from $13.00) on shares of Comstock Resources in a research report on Wednesday, September 2nd. Citigroup decreased their price target on shares of Comstock Resources from $19.00 to $16.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Comstock Resources in a research note on Wednesday, September 2nd. Mizuho lifted their price target on shares of Comstock Resources from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Tuesday, September 1st. Finally, Zacks Research cut shares of Comstock Resources from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 16th. Ten analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $15.75.

Get Our Latest Stock Report on CRK

Comstock Resources Stock Performance

Shares of NYSE:CRK opened at $13.06 on Friday. Comstock Resources has a 1 year low of $12.12 and a 1 year high of $28.10. The company’s 50 day simple moving average is $13.81 and its 200 day simple moving average is $14.97. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.48 and a quick ratio of 0.48. The stock has a market capitalization of $3.84 billion, a price-to-earnings ratio of 7.34 and a beta of 0.52.

Comstock Resources (NYSE:CRK – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The oil and gas producer reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.01. The business had revenue of $353.28 million during the quarter, compared to the consensus estimate of $419.22 million. Comstock Resources had a return on equity of 4.12% and a net margin of 23.31%.Comstock Resources’s revenue for the quarter was down 24.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.13 EPS. As a group, research analysts predict that Comstock Resources will post 0.26 EPS for the current fiscal year.

Institutional Investors Weigh In On Comstock Resources

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bleakley Financial Group LLC lifted its holdings in shares of Comstock Resources by 3.2% in the 1st quarter. Bleakley Financial Group LLC now owns 36,792 shares of the oil and gas producer’s stock worth $776,000 after purchasing an additional 1,131 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in Comstock Resources by 877.6% during the 4th quarter. Hantz Financial Services Inc. now owns 1,437 shares of the oil and gas producer’s stock worth $33,000 after purchasing an additional 1,290 shares in the last quarter. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Comstock Resources in the first quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Comstock Resources in the fourth quarter valued at approximately $36,000. Finally, International Assets Investment Management LLC boosted its position in shares of Comstock Resources by 14.8% during the first quarter. International Assets Investment Management LLC now owns 12,821 shares of the oil and gas producer’s stock valued at $246,000 after buying an additional 1,649 shares during the last quarter. 36.13% of the stock is owned by institutional investors.

About Comstock Resources

(Get Free Report)

Comstock Resources, Inc is an independent energy company engaged in the acquisition, development, exploration and production of oil and natural gas properties. The company is primarily focused on natural gas and operates in the United States.

Comstock’s operations are concentrated in the Haynesville shale, a major natural gas-producing region in East Texas and northern Louisiana. Its activities include drilling and completing horizontal wells, developing natural gas acreage and producing natural gas and related hydrocarbon products for sale to energy markets.

Headquartered in Frisco, Texas, Comstock has developed its business through organic drilling and strategic acquisitions, including the 2018 acquisition of Covey Park Energy, which expanded its position in the Haynesville basin.