
Diamondback Energy, Inc. (NASDAQ:FANG – Free Report) – Research analysts at William Blair raised their FY2025 earnings per share (EPS) estimates for shares of Diamondback Energy in a note issued to investors on Monday, October 27th. William Blair analyst N. Dingmann now anticipates that the oil and natural gas company will earn $12.29 per share for the year, up from their previous forecast of $11.87. William Blair has a “Outperform” rating on the stock. The consensus estimate for Diamondback Energy’s current full-year earnings is $15.49 per share. William Blair also issued estimates for Diamondback Energy’s Q4 2025 earnings at $2.08 EPS, FY2027 earnings at $14.67 EPS, FY2028 earnings at $16.31 EPS and FY2029 earnings at $16.40 EPS.
FANG has been the subject of several other reports. Melius Research began coverage on Diamondback Energy in a report on Wednesday, August 20th. They issued a “buy” rating and a $213.00 target price for the company. Melius began coverage on Diamondback Energy in a report on Wednesday, August 20th. They set a “buy” rating and a $213.00 price target for the company. Evercore ISI increased their price target on Diamondback Energy from $165.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. Morgan Stanley lowered their price target on Diamondback Energy from $186.00 to $184.00 and set an “overweight” rating for the company in a report on Tuesday, October 14th. Finally, Wall Street Zen cut Diamondback Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Diamondback Energy presently has a consensus rating of “Buy” and an average price target of $189.67.
Diamondback Energy Stock Down 2.3%
Shares of NASDAQ:FANG opened at $141.14 on Tuesday. The company has a quick ratio of 0.52, a current ratio of 0.55 and a debt-to-equity ratio of 0.35. The business has a fifty day moving average of $142.75 and a two-hundred day moving average of $141.23. The stock has a market cap of $40.86 billion, a P/E ratio of 10.03 and a beta of 1.04. Diamondback Energy has a 52-week low of $114.00 and a 52-week high of $186.07.
Diamondback Energy (NASDAQ:FANG – Get Free Report) last issued its earnings results on Monday, August 4th. The oil and natural gas company reported $2.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.72 by ($0.05). The company had revenue of $3.68 billion during the quarter, compared to analysts’ expectations of $3.35 billion. Diamondback Energy had a net margin of 27.25% and a return on equity of 9.48%. The firm’s quarterly revenue was up 48.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.52 earnings per share.
Diamondback Energy Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Thursday, August 14th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $4.00 annualized dividend and a yield of 2.8%. Diamondback Energy’s dividend payout ratio is presently 28.43%.
Insider Transactions at Diamondback Energy
In related news, Chairman Travis D. Stice sold 20,400 shares of the stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $142.80, for a total transaction of $2,913,120.00. Following the transaction, the chairman owned 102,145 shares of the company’s stock, valued at approximately $14,586,306. This represents a 16.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.48% of the company’s stock.
Hedge Funds Weigh In On Diamondback Energy
Several hedge funds have recently bought and sold shares of the company. First National Advisers LLC lifted its stake in Diamondback Energy by 1.1% during the 3rd quarter. First National Advisers LLC now owns 15,634 shares of the oil and natural gas company’s stock worth $2,237,000 after acquiring an additional 164 shares in the last quarter. WoodTrust Financial Corp acquired a new stake in Diamondback Energy in the 3rd quarter valued at about $1,624,000. Exencial Wealth Advisors LLC acquired a new stake in Diamondback Energy in the 3rd quarter valued at about $224,000. Quent Capital LLC acquired a new stake in Diamondback Energy in the 3rd quarter valued at about $84,000. Finally, Nordea Investment Management AB raised its position in Diamondback Energy by 11.6% in the 3rd quarter. Nordea Investment Management AB now owns 20,468 shares of the oil and natural gas company’s stock valued at $2,888,000 after purchasing an additional 2,130 shares in the last quarter. Institutional investors and hedge funds own 90.01% of the company’s stock.
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.
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