Zacks Research Issues Optimistic Forecast for FANG Earnings

Diamondback Energy, Inc. (NASDAQ:FANG) – Research analysts at Zacks Research upped their FY2025 EPS estimates for Diamondback Energy in a research report issued on Monday, March 10th. Zacks Research analyst N. Choudhury now forecasts that the oil and natural gas company will post earnings per share of $13.79 for the year, up from their prior forecast of $13.50. The consensus estimate for Diamondback Energy’s current full-year earnings is $15.49 per share. Zacks Research also issued estimates for Diamondback Energy’s Q1 2026 earnings at $3.54 EPS, Q2 2026 earnings at $3.65 EPS, Q3 2026 earnings at $3.69 EPS, Q4 2026 earnings at $3.66 EPS and FY2027 earnings at $15.42 EPS.

A number of other equities analysts also recently weighed in on the stock. Morgan Stanley boosted their target price on shares of Diamondback Energy from $220.00 to $227.00 and gave the stock an “overweight” rating in a report on Wednesday, February 19th. Wolfe Research raised shares of Diamondback Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a research report on Friday, January 3rd. UBS Group lifted their price objective on shares of Diamondback Energy from $212.00 to $216.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $210.00 price objective on shares of Diamondback Energy in a research report on Thursday, January 23rd. Finally, StockNews.com raised shares of Diamondback Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $213.08.

Diamondback Energy Price Performance

Shares of FANG opened at $146.55 on Wednesday. The company has a market cap of $42.42 billion, a price-to-earnings ratio of 8.39, a PEG ratio of 1.24 and a beta of 1.84. Diamondback Energy has a 1-year low of $137.09 and a 1-year high of $214.50. The company’s fifty day simple moving average is $162.83 and its 200 day simple moving average is $172.36. The company has a current ratio of 0.45, a quick ratio of 0.42 and a debt-to-equity ratio of 0.31.

Diamondback Energy (NASDAQ:FANG) last issued its earnings results on Tuesday, February 25th. The oil and natural gas company reported $3.64 earnings per share for the quarter, topping analysts’ consensus estimates of $3.57 by $0.07. The business had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.55 billion. Diamondback Energy had a net margin of 33.64% and a return on equity of 13.68%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Wintrust Investments LLC acquired a new position in Diamondback Energy during the fourth quarter worth about $28,000. R Squared Ltd acquired a new position in Diamondback Energy during the fourth quarter worth about $29,000. UMB Bank n.a. raised its stake in Diamondback Energy by 247.3% during the fourth quarter. UMB Bank n.a. now owns 191 shares of the oil and natural gas company’s stock worth $31,000 after acquiring an additional 136 shares in the last quarter. Fourth Dimension Wealth LLC acquired a new position in shares of Diamondback Energy in the fourth quarter valued at approximately $33,000. Finally, Key Financial Inc increased its stake in shares of Diamondback Energy by 940.0% in the fourth quarter. Key Financial Inc now owns 208 shares of the oil and natural gas company’s stock valued at $34,000 after buying an additional 188 shares during the period. Institutional investors and hedge funds own 90.01% of the company’s stock.

Insiders Place Their Bets

In other Diamondback Energy news, Director Frank D. Tsuru bought 2,000 shares of the stock in a transaction on Friday, February 28th. The stock was purchased at an average price of $156.51 per share, with a total value of $313,020.00. Following the completion of the purchase, the director now owns 5,730 shares in the company, valued at $896,802.30. The trade was a 53.62 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.48% of the company’s stock.

Diamondback Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, March 6th will be paid a dividend of $1.00 per share. This is an increase from Diamondback Energy’s previous quarterly dividend of $0.90. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $4.00 annualized dividend and a yield of 2.73%. Diamondback Energy’s payout ratio is presently 25.32%.

About Diamondback Energy

Diamondback Energy, Inc, an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico.