Comstock Resources has a 5 year average dividend yield of 2.83%
Comstock Resources, Inc. (NYSE:CRK) witnessed a decline in the market cap on Thursday as its shares dropped 3.5% or 0.39 points. After the session commenced at $11.2, the stock reached the higher end at $11.24 while it hit a low of $10.66. With the volume soaring to 783,926 shares, the last trade was called at $10.75. The company has a 52-week high of $13.4249. The company has a market cap of $145 million and there are 13,455,559 shares in outstanding. The 52-week low of the share price is $2.64. Comstock Resources, Inc. has dropped 10.49% in the last five trading days, however, the shares have posted positive gains of 7.39% in the last 4 weeks. Comstock Resources, Inc. is up 19.44% in the last 3-month period. Year-to-Date the stock performance stands at 9.14%.
Currently the company Insiders own 7.5% of Comstock Resources, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.03% . Institutional Investors own 41.02% of Comstock Resources, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -0.59%. Company has reported several Insider transactions to the SEC, on Dec 28, 2016, M Jay Allison (Chairman & CEO) sold 8,000 shares at 10.12 per share price.On Nov 16, 2016, Cecil E Jr Martin (director) purchased 5,500 shares at 8.95 per share price.On May 31, 2016, Carl H Westcott (10% owner) sold 28,500 shares at 0.72 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Robert W. Baird on Jan 27, 2017 to Outperform, Raises Price Target to $ 17 from a previous price target of $9 .
Comstock Resources Inc Last issued its quarterly earnings results on Nov 8, 2016. The company reported $-3.27 EPS for the quarter, missing the analyst consensus estimate by $ -1.20. Analyst had a consensus of $-2.07. The company had revenue of $50.33 million for the quarter, compared to analysts expectations of $44.70 million. The companys revenue was down -18.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-5.30 EPS.
Comstock Resources, Inc. is an independent energy company engaged in the acquisition, development, production and exploration of oil and natural gas properties. The companys oil and natural gas reserve base is entirely concentrated in the Gulf of Mexico, Southeast Texas and East Texas/North Louisiana regions.