Research Analysts Set Expectations for FANG Q1 Earnings

Diamondback Energy, Inc. (NASDAQ:FANG) – Zacks Research decreased their Q1 2026 earnings per share estimates for shares of Diamondback Energy in a report released on Monday, June 16th. Zacks Research analyst N. Choudhury now forecasts that the oil and natural gas company will earn $2.79 per share for the quarter, down from their previous estimate of $2.84. 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 Q3 2026 earnings at $2.75 EPS, FY2026 earnings at $11.12 EPS, Q1 2027 earnings at $3.18 EPS and FY2027 earnings at $12.37 EPS.

Several other brokerages have also recently commented on FANG. Barclays lowered their price target on shares of Diamondback Energy from $200.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, April 23rd. Piper Sandler dropped their price target on Diamondback Energy from $234.00 to $225.00 and set an “overweight” rating on the stock in a research report on Tuesday, May 13th. Royal Bank Of Canada began coverage on shares of Diamondback Energy in a research report on Friday, May 2nd. They issued an “outperform” rating and a $180.00 price objective on the stock. UBS Group reduced their price target on Diamondback Energy from $175.00 to $163.00 and set a “buy” rating for the company in a research report on Thursday, April 17th. Finally, Wells Fargo & Company raised their price objective on Diamondback Energy from $207.00 to $208.00 and gave the company an “overweight” rating in a report on Monday. Two research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Diamondback Energy has an average rating of “Buy” and an average target price of $193.13.

Diamondback Energy Stock Up 1.3%

NASDAQ FANG opened at $152.93 on Tuesday. The stock’s 50 day simple moving average is $137.99 and its 200 day simple moving average is $152.15. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.86 and a quick ratio of 0.83. The firm has a market cap of $44.68 billion, a PE ratio of 9.35, a price-to-earnings-growth ratio of 1.37 and a beta of 1.06. Diamondback Energy has a one year low of $114.00 and a one year high of $214.50.

Diamondback Energy (NASDAQ:FANG) last announced its quarterly earnings data on Monday, May 5th. The oil and natural gas company reported $4.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.67 by $0.87. Diamondback Energy had a net margin of 30.84% and a return on equity of 11.22%. The business had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $3.58 billion. During the same quarter last year, the company posted $4.50 earnings per share. Diamondback Energy’s quarterly revenue was up 81.8% on a year-over-year basis.

Institutional Trading of Diamondback Energy

Several large investors have recently made changes to their positions in the business. Barden Capital Management Inc. lifted its holdings in shares of Diamondback Energy by 1.5% in the 4th quarter. Barden Capital Management Inc. now owns 4,380 shares of the oil and natural gas company’s stock valued at $718,000 after buying an additional 64 shares during the period. Private Trust Co. NA raised its position in Diamondback Energy by 4.8% during the fourth quarter. Private Trust Co. NA now owns 1,516 shares of the oil and natural gas company’s stock valued at $248,000 after acquiring an additional 69 shares in the last quarter. Investor s Fiduciary Advisor Network LLC lifted its holdings in Diamondback Energy by 2.1% in the first quarter. Investor s Fiduciary Advisor Network LLC now owns 3,559 shares of the oil and natural gas company’s stock valued at $569,000 after acquiring an additional 74 shares during the period. Mesirow Financial Investment Management Inc. boosted its position in Diamondback Energy by 5.6% in the 1st quarter. Mesirow Financial Investment Management Inc. now owns 1,414 shares of the oil and natural gas company’s stock worth $226,000 after purchasing an additional 75 shares in the last quarter. Finally, FourThought Financial Partners LLC boosted its position in Diamondback Energy by 2.9% in the 1st quarter. FourThought Financial Partners LLC now owns 2,779 shares of the oil and natural gas company’s stock worth $444,000 after purchasing an additional 78 shares in the last quarter. 90.01% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Diamondback Energy

In other news, President Hof Matthew Kaes Van’t sold 10,000 shares of the company’s stock in a transaction on Monday, May 12th. The stock was sold at an average price of $142.69, for a total transaction of $1,426,900.00. Following the transaction, the president now directly owns 120,645 shares of the company’s stock, valued at approximately $17,214,835.05. This represents a 7.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.48% of the company’s stock.

Diamondback Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 15th were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $4.00 annualized dividend and a yield of 2.62%. Diamondback Energy’s payout ratio is currently 24.46%.

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.