During the recent session, Comstock Resources, Inc. (NYSE:CRK)’s traded shares were 1.36 million, with the beta value of the company hitting 0.71. At the last check today, the stock’s price was $10.18, reflecting an intraday gain of 0.30% or $0.03. The 52-week high for the CRK share is $13.39, that puts it down -31.53 from that peak though still a striking 30.55% gain since the share price plummeted to a 52-week low of $7.07. The company’s market capitalization is $2.85B, and the average trade volume was 4.53 million shares over the past three months.
Comstock Resources, Inc. (NYSE:CRK) trade information
Comstock Resources, Inc. (CRK) registered a 0.30% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.30% in intraday trading to $10.18, hitting a weekly high. The stock’s 5-day price performance is 10.18%, and it has moved by 14.90% in 30 days. Based on these gigs, the overall price performance for the year is -6.26%.
Comstock Resources, Inc. (CRK) estimates and forecasts
Statistics show that Comstock Resources, Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Comstock Resources, Inc. (CRK) shares have gone down -15.31% during the last six months, with a year-to-date growth rate less than the industry average at -112.77% against -3.10. In the rating firms’ projections, revenue will decrease -5.40% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 349.76M as predicted by 10 analyst(s). Meanwhile, a consensus of 10 analyst(s) estimates revenue growth to 329.97M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 489.58M and 347.67M respectively. In this case, analysts expect current quarter sales to shrink by -28.60% and then drop by -5.10% in the coming quarter.
While earnings are projected to return -117.54% in 2024, the next five years will return 20.00% per annum.
CRK Dividends
Comstock Resources, Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Comstock Resources, Inc. is 0.38, with the dividend yield indicating at 3.68 percent, continuing the trend of increasing dividends in recent years.
