Comstock Resources, Inc (NYSE:CRK)’s traded shares stood at 1.38 million during the last session, with the company’s beta value hitting 0.44. At the close of trading, the stock’s price was $19.84, to imply a decrease of -0.65% or -$0.13 in intraday trading. The CRK share’s 52-week high remains $22.06, putting it -11.19% down since that peak but still an impressive 60.99% since price per share fell to its 52-week low of $7.74. The company has a valuation of $5.81B, with an average of 2.05 million shares in intraday trading volume over the past 10 days and average of 2.42 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Comstock Resources, Inc (CRK), translating to a mean rating of 3.11. Of 3 analyst(s) looking at the stock, 0 analyst(s) give CRK a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.15.
Comstock Resources, Inc (NYSE:CRK) trade information
After registering a -0.65% downside in the last session, Comstock Resources, Inc (CRK) has traded red over the past five days. The 5-day price performance for the stock is 10.84%, and -4.66% over 30 days. With these gigs, the year-to-date price performance is 8.89%. Short interest in Comstock Resources, Inc (NYSE:CRK) saw shorts transact 22.3 million shares and set a 9.63 days time to cover.
The extremes give us $10 and $13 for target low and target high price respectively. As such, CRK has been trading 34.48% off suggested target high and 49.6% from its likely low.
Comstock Resources, Inc (CRK) estimates and forecasts
The rating firms project that company’s revenue will grow 40.20% compared to the previous financial year.
Revenue forecast for the current quarter as set by 8 analysts is 410.56M. Meanwhile, for the current quarter, a total of 8 analyst(s) estimate revenue growth to 405.9M.Earnings reports from the last fiscal year show that sales brought in 335.77M and 246.83M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 22.27% before jumping 64.45% in the following quarter.
CRK Dividends
Comstock Resources, Inc has its next earnings report out on 2025-Feb-17. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Comstock Resources, Inc (NYSE:CRK)’s Major holders
Comstock Resources, Inc insiders hold 74.43% of total outstanding shares, with institutional holders owning 31.60% of the shares at 123.58% float percentage. In total, 31.60% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 15.11 million shares (or 5.435% of shares), all amounting to roughly $156.81 million.
The next major institution holding the largest number of shares is KGH LTD with 12.12 million shares, or about 4.1858% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $125.86 million.
We also have iShares Core S&P Small-Cap ETF and U.S. SMALL CAP VALUE PORTFOLIO as the top two Mutual Funds with the largest holdings of the Comstock Resources, Inc (CRK) shares. Going by data provided on Jan 31, 2025 , iShares Core S&P Small-Cap ETF holds roughly 5.83 shares. This is just over 1.99% of the total shares, with a market valuation of $115.68 million. Data from the same date shows that the other fund manager holds a little less at 4.14, or 1.42% of the shares, all valued at about 82.23 million.
