Zacks Research Has Negative Outlook for FANG FY2025 Earnings

Diamondback Energy, Inc. (NASDAQ:FANG) – Investment analysts at Zacks Research dropped their FY2025 EPS estimates for Diamondback Energy in a research note issued to investors on Monday, October 27th. Zacks Research analyst Team now expects that the oil and natural gas company will post earnings of $12.22 per share for the year, down from their previous estimate of $12.61. 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 2026 earnings at $2.41 EPS and Q3 2026 earnings at $2.55 EPS.

A number of other equities analysts have also issued reports on the company. Wall Street Zen lowered Diamondback Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Melius initiated coverage on Diamondback Energy in a research report on Wednesday, August 20th. They set a “buy” rating and a $213.00 price target for the company. Wells Fargo & Company lowered their price target on Diamondback Energy from $211.00 to $160.00 and set an “overweight” rating on the stock in a report on Friday, October 17th. KeyCorp cut their price objective on shares of Diamondback Energy from $180.00 to $176.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 3rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $173.00 target price on shares of Diamondback Energy in a research report on Friday, October 10th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Diamondback Energy presently has an average rating of “Buy” and an average target price of $189.67.

Diamondback Energy Price Performance

Shares of NASDAQ:FANG opened at $143.63 on Wednesday. The firm’s 50 day moving average is $142.87 and its two-hundred day moving average is $141.33. Diamondback Energy has a 52 week low of $114.00 and a 52 week high of $186.07. The firm has a market capitalization of $41.58 billion, a P/E ratio of 10.21 and a beta of 1.04. The company has a current ratio of 0.55, a quick ratio of 0.52 and a debt-to-equity ratio of 0.35.

Diamondback Energy (NASDAQ:FANG) last issued its quarterly earnings data on Monday, August 4th. The oil and natural gas company reported $2.67 earnings per share for the quarter, missing the consensus estimate of $2.72 by ($0.05). The firm had revenue of $3.68 billion during the quarter, compared to the consensus estimate of $3.35 billion. Diamondback Energy had a net margin of 27.25% and a return on equity of 9.48%. The company’s revenue for the quarter was up 48.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.52 earnings per share.

Diamondback Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Thursday, August 14th were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Thursday, August 14th. Diamondback Energy’s dividend payout ratio is 28.43%.

Insider Buying and Selling at Diamondback Energy

In other news, Chairman Travis D. Stice sold 20,400 shares of the firm’s stock in a transaction on 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 completion of the sale, the chairman directly owned 102,145 shares of the company’s stock, valued at $14,586,306. This trade represents a 16.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Diamondback Energy

Hedge funds have recently modified their holdings of the stock. BankPlus Trust Department purchased a new position in Diamondback Energy in the 1st quarter worth about $27,000. Creekmur Asset Management LLC acquired a new position in shares of Diamondback Energy in the second quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. increased its position in shares of Diamondback Energy by 106.3% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 198 shares of the oil and natural gas company’s stock worth $28,000 after acquiring an additional 102 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Diamondback Energy during the second quarter valued at approximately $29,000. Finally, SouthState Corp lifted its position in shares of Diamondback Energy by 596.4% in the 1st quarter. SouthState Corp now owns 195 shares of the oil and natural gas company’s stock valued at $31,000 after acquiring an additional 167 shares in the last quarter. 90.01% of the stock is owned by hedge funds and other institutional investors.

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.