Zacks Research Issues Pessimistic Outlook for FANG Earnings

Diamondback Energy, Inc. (NASDAQ:FANG) – Analysts at Zacks Research dropped their Q1 2025 earnings per share (EPS) estimates for shares of Diamondback Energy in a research note issued to investors on Monday, March 10th. Zacks Research analyst N. Choudhury now anticipates that the oil and natural gas company will post earnings of $3.37 per share for the quarter, down from their prior forecast of $3.73. 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 Q2 2025 earnings at $3.04 EPS, Q3 2025 earnings at $3.55 EPS, Q4 2025 earnings at $3.83 EPS and FY2026 earnings at $14.55 EPS.

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

A number of other research analysts have also commented on FANG. Citigroup lowered Diamondback Energy from a “buy” rating to a “reduce” rating in a report on Wednesday, March 5th. Mizuho raised their price objective on Diamondback Energy from $201.00 to $204.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 25th. Royal Bank of Canada reiterated an “outperform” rating and issued a $210.00 price objective on shares of Diamondback Energy in a research report on Thursday, January 23rd. Morgan Stanley increased their target price on Diamondback Energy from $220.00 to $227.00 and gave the stock an “overweight” rating in a report on Wednesday, February 19th. Finally, JPMorgan Chase & Co. dropped their price target on Diamondback Energy from $212.00 to $167.00 and set an “overweight” rating for the company in a report on Thursday. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $211.92.

Diamondback Energy Stock Performance

Shares of FANG stock opened at $145.80 on Thursday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.45 and a quick ratio of 0.42. Diamondback Energy has a fifty-two week low of $137.09 and a fifty-two week high of $214.50. The stock’s 50-day moving average is $162.41 and its two-hundred day moving average is $172.18. The firm has a market cap of $42.20 billion, a P/E ratio of 8.35, a PEG ratio of 1.24 and a beta of 1.84.

Institutional Trading of Diamondback Energy

Several hedge funds and other institutional investors have recently bought and sold shares of FANG. Demars Financial Group LLC acquired a new stake in shares of Diamondback Energy in the 4th quarter worth $638,050,000. Raymond James Financial Inc. acquired a new stake in shares of Diamondback Energy in the 4th quarter worth $298,327,000. Alyeska Investment Group L.P. acquired a new stake in shares of Diamondback Energy in the 4th quarter worth $185,193,000. Assenagon Asset Management S.A. boosted its position in shares of Diamondback Energy by 1,153.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,132,918 shares of the oil and natural gas company’s stock worth $185,606,000 after purchasing an additional 1,042,505 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of Diamondback Energy by 11.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,136,645 shares of the oil and natural gas company’s stock worth $1,496,859,000 after purchasing an additional 928,429 shares in the last quarter. Institutional investors own 90.01% of the company’s stock.

Insider Transactions at Diamondback Energy

In other news, Director Frank D. Tsuru acquired 2,000 shares of Diamondback Energy stock in a transaction on Friday, February 28th. The shares were bought at an average cost of $156.51 per share, for a total transaction of $313,020.00. Following the acquisition, the director now directly owns 5,730 shares of the company’s stock, valued at $896,802.30. This trade represents a 53.62 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.48% of the company’s stock.

Diamondback Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, March 6th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.74%. This is an increase from Diamondback Energy’s previous quarterly dividend of $0.90. The ex-dividend date was Thursday, March 6th. Diamondback Energy’s dividend payout ratio is presently 25.32%.

Diamondback Energy Company Profile

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.