Q3 EPS Estimate for Diamondback Energy Lifted by Analyst

Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) - Research analysts at Zacks Research lifted their Q3 2025 EPS estimates for Diamondback Energy in a research note issued on Tuesday, March 25th. Zacks Research analyst N. Choudhury now anticipates that the oil and natural gas company will post earnings of $3.57 per share for the quarter, up from their previous forecast of $3.55. 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 $3.55 EPS, Q2 2026 earnings at $3.65 EPS, Q4 2026 earnings at $3.69 EPS, FY2026 earnings at $14.60 EPS and FY2027 earnings at $14.93 EPS.

Several other equities analysts have also recently issued reports on FANG. The Goldman Sachs Group started coverage on shares of Diamondback Energy in a research report on Monday, December 2nd. They issued a "buy" rating and a $227.00 price target for the company. Piper Sandler cut their price target on shares of Diamondback Energy from $252.00 to $232.00 and set an "overweight" rating on the stock in a research report on Tuesday, December 17th. Wolfe Research upgraded Diamondback Energy from a "peer perform" rating to an "outperform" rating and set a $190.00 target price on the stock in a research report on Friday, January 3rd. Citigroup reduced their target price on Diamondback Energy from $195.00 to $157.00 and set a "neutral" rating for the company in a research note on Monday, March 17th. Finally, Truist Financial increased their target price on Diamondback Energy from $236.00 to $238.00 and gave the stock a "buy" rating in a report on Wednesday, February 19th. Four equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $209.33.

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Diamondback Energy Trading Up 0.0 %

Shares of FANG stock traded up $0.05 during mid-day trading on Friday, reaching $159.93. 506,139 shares of the stock traded hands, compared to its average volume of 1,966,645. The stock's fifty day simple moving average is $158.25 and its two-hundred day simple moving average is $169.65. Diamondback Energy has a 1-year low of $137.09 and a 1-year high of $214.50. The company has a quick ratio of 0.42, a current ratio of 0.45 and a debt-to-equity ratio of 0.31. The company has a market cap of $46.29 billion, a price-to-earnings ratio of 9.17, a price-to-earnings-growth ratio of 1.24 and a beta of 1.85.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The oil and natural gas company reported $3.64 earnings per share for the quarter, beating the consensus estimate of $3.57 by $0.07. The business had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.55 billion. Diamondback Energy had a return on equity of 13.68% and a net margin of 33.64%.

Institutional Trading of Diamondback Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the company. QRG Capital Management Inc. increased its position in Diamondback Energy by 38.4% during the fourth quarter. QRG Capital Management Inc. now owns 11,675 shares of the oil and natural gas company's stock valued at $1,913,000 after acquiring an additional 3,238 shares during the last quarter. Swedbank AB lifted its stake in shares of Diamondback Energy by 28.0% in the 4th quarter. Swedbank AB now owns 198,283 shares of the oil and natural gas company's stock worth $32,485,000 after purchasing an additional 43,361 shares during the period. Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of Diamondback Energy by 631.1% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 43,148 shares of the oil and natural gas company's stock worth $7,069,000 after buying an additional 37,246 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Diamondback Energy by 48.5% in the third quarter. Franklin Resources Inc. now owns 146,870 shares of the oil and natural gas company's stock worth $28,008,000 after buying an additional 47,951 shares during the last quarter. Finally, Tectonic Advisors LLC grew its position in Diamondback Energy by 38.2% during the fourth quarter. Tectonic Advisors LLC now owns 31,467 shares of the oil and natural gas company's stock valued at $5,155,000 after buying an additional 8,704 shares during the period. 90.01% of the stock is currently owned by institutional investors.

Insider Activity at Diamondback Energy

In other news, Director Frank D. Tsuru acquired 2,000 shares of the business's stock in a transaction on Friday, February 28th. The shares were acquired at an average cost of $156.51 per share, with a total value of $313,020.00. Following the transaction, the director now owns 5,730 shares in the company, valued at $896,802.30. The trade was a 53.62 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 0.48% of the stock is owned by corporate insiders.

Diamondback Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, March 6th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Thursday, March 6th. This is a boost from Diamondback Energy's previous quarterly dividend of $0.90. This represents a $4.00 annualized dividend and a dividend yield of 2.50%. Diamondback Energy's payout ratio is 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.