Comstock Resources, Inc (NYSE:CRK) has a beta value of 0.50 and has seen 0.63 million shares traded in the recent trading session. The company, currently valued at $5.43B, closed the recent trade at $18.53 per share which meant it gained $0.86 on the day or 4.87% during that session. The CRK stock price is -19.05% off its 52-week high price of $22.06 and 58.23% above the 52-week low of $7.74.
The consensus among analysts is that Comstock Resources, Inc (CRK) is Hold stock at the moment, with a recommendation rating of 3.11. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 3 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.15.
Comstock Resources, Inc (NYSE:CRK) trade information
Sporting 4.87% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CRK stock price touched $18.53 or saw a rise of 2.98%. Year-to-date, Comstock Resources, Inc shares have moved 1.70%, while the 5-day performance has seen it change -3.19%. Over the past 30 days, the shares of Comstock Resources, Inc (NYSE:CRK) have changed 6.99%.
Wall Street analysts have a consensus price target for the stock at $11, which means that the shares’ value could drop -68.45% from the levels at last check today. The projected low price target is $10.0 while the price target rests at a high of $13.0. In that case, then, we find that the latest price level in today’s session is 29.84% off the targeted high while a plunge would see the stock lose 46.03% from the levels at last check today.
Comstock Resources, Inc (CRK) estimates and forecasts
The company’s shares have gained 94.64% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 39.36%.
8 analysts offering their estimates for the company have set an average revenue estimate of 413.22M for the current quarter. 8 have an estimated revenue figure of 403.93M for the next ending quarter. Year-ago sales stood 335.77M and 246.83M respectively for this quarter and the next, and analysts expect sales will grow by 23.07% for the current quarter and 39.36% for the next.
CRK Dividends
Comstock Resources, Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Comstock Resources, Inc (NYSE:CRK)’s Major holders
The top two institutional holders are BLACKROCK INC. with over 15.11 million shares worth more than $156.81 million. As of 2024-06-30, BLACKROCK INC. held 5.435% of shares outstanding.
The other major institutional holder is KGH LTD, with the holding of over 12.12 million shares as of 2024-06-30. The firm’s total holdings are worth over $125.86 million and represent 4.1858% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and DFA U.S. Small Cap Value Series. As of Dec 31, 2024, the former fund manager holds about 2.01% shares in the company for having 5.88 shares of worth $109.75 million while later fund manager owns 4.14 shares of worth $77.38 million as of Oct 31, 2024, which makes it owner of about 1.42% of company’s outstanding stock.
