What is Zacks Research's Estimate for FANG FY2025 Earnings?

Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) - Analysts at Zacks Research upped their FY2025 earnings per share (EPS) estimates for shares of Diamondback Energy in a research note issued on Monday, March 17th. Zacks Research analyst N. Choudhury now expects that the oil and natural gas company will post earnings of $13.89 per share for the year, up from their prior forecast of $13.79. 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 Q4 2025 earnings at $3.87 EPS, Q1 2026 earnings at $3.57 EPS, Q2 2026 earnings at $3.69 EPS, Q3 2026 earnings at $3.72 EPS, Q4 2026 earnings at $3.70 EPS, FY2026 earnings at $14.68 EPS and FY2027 earnings at $15.58 EPS.

Several other brokerages have also issued reports on FANG. Wells Fargo & Company dropped their price objective on Diamondback Energy from $219.00 to $215.00 and set an "overweight" rating on the stock in a report on Wednesday, March 12th. Piper Sandler dropped their price target on Diamondback Energy from $252.00 to $232.00 and set an "overweight" rating on the stock in a research note on Tuesday, December 17th. Williams Trading set a $190.00 price objective on Diamondback Energy in a research note on Wednesday, March 5th. The Goldman Sachs Group began coverage on shares of Diamondback Energy in a research report on Monday, December 2nd. They set a "buy" rating and a $227.00 target price on the stock. Finally, Raymond James reduced their price target on shares of Diamondback Energy from $245.00 to $214.00 and set a "strong-buy" rating for the company in a research report on Wednesday, March 12th. Four equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $209.92.

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Diamondback Energy Stock Up 0.0 %

Shares of NASDAQ FANG traded up $0.02 during mid-day trading on Wednesday, reaching $158.50. The company had a trading volume of 7,798,113 shares, compared to its average volume of 1,874,546. The firm has a 50 day simple moving average of $160.47 and a two-hundred day simple moving average of $170.39. Diamondback Energy has a 52-week low of $137.09 and a 52-week high of $214.50. The company has a current ratio of 0.45, a quick ratio of 0.42 and a debt-to-equity ratio of 0.31. The stock has a market cap of $45.88 billion, a P/E ratio of 9.07, a PEG ratio of 1.24 and a beta of 1.85.

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

Hedge Funds Weigh In On Diamondback Energy

Institutional investors have recently made changes to their positions in the stock. QRG Capital Management Inc. grew its holdings in shares of 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 worth $1,913,000 after buying an additional 3,238 shares in the last quarter. Swedbank AB lifted its stake in shares of Diamondback Energy by 28.0% during 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. lifted its stake in shares of Diamondback Energy by 631.1% during the 4th 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 purchasing an additional 37,246 shares during the period. Franklin Resources Inc. boosted its holdings in shares of Diamondback Energy by 48.5% during 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 purchasing an additional 47,951 shares during the last quarter. Finally, Tectonic Advisors LLC grew its position in shares of Diamondback Energy by 38.2% in 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 purchasing an additional 8,704 shares during the period. 90.01% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Frank D. Tsuru bought 2,000 shares of Diamondback Energy stock in a transaction that occurred on Friday, February 28th. The shares were purchased at an average price of $156.51 per share, with a total value of $313,020.00. Following the purchase, the director now owns 5,730 shares in the company, valued at $896,802.30. This represents a 53.62 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.48% of the company's stock.

Diamondback Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, March 6th were given a $1.00 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.52%. This is a boost from Diamondback Energy's previous quarterly dividend of $0.90. Diamondback Energy's dividend payout ratio (DPR) is currently 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.