Q2 EPS Estimate for Diamondback Energy Increased by Analyst

Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) - Stock analysts at Zacks Research raised their Q2 2025 earnings estimates for Diamondback Energy in a report released on Tuesday, March 25th. Zacks Research analyst N. Choudhury now forecasts that the oil and natural gas company will earn $3.13 per share for the quarter, up from their prior estimate of $3.10. 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 $3.89 EPS and FY2025 earnings at $13.97 EPS.

Several other equities research analysts have also recently issued reports on FANG. Raymond James lowered their target price on shares of Diamondback Energy from $245.00 to $214.00 and set a "strong-buy" rating on the stock in a research note on Wednesday, March 12th. Royal Bank of Canada restated an "outperform" rating and set a $210.00 price target on shares of Diamondback Energy in a research report on Thursday, January 23rd. Barclays cut their price objective on shares of Diamondback Energy from $210.00 to $200.00 and set an "overweight" rating for the company in a report on Tuesday, March 18th. 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 report on Friday, January 3rd. Finally, Mizuho increased their price target on Diamondback Energy from $201.00 to $204.00 and gave the company an "outperform" rating in a report on Tuesday, February 25th. 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. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $209.33.

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Diamondback Energy Price Performance

Shares of NASDAQ FANG traded up $2.92 during midday trading on Thursday, hitting $160.46. The stock had a trading volume of 588,703 shares, compared to its average volume of 1,966,629. The company has a quick ratio of 0.42, a current ratio of 0.45 and a debt-to-equity ratio of 0.31. Diamondback Energy has a 1 year low of $137.09 and a 1 year high of $214.50. The company has a market capitalization of $46.44 billion, a PE ratio of 9.19, a P/E/G ratio of 1.24 and a beta of 1.85. The stock has a 50 day simple moving average of $158.66 and a 200-day simple moving average of $169.73.

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

Diamondback Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Thursday, March 6th were given a $1.00 dividend. This is an increase from Diamondback Energy's previous quarterly dividend of $0.90. This represents a $4.00 annualized dividend and a yield of 2.49%. The ex-dividend date of this dividend was Thursday, March 6th. Diamondback Energy's payout ratio is currently 25.32%.

Insiders Place Their Bets

In other Diamondback Energy news, Director Frank D. Tsuru acquired 2,000 shares of the company's stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average price of $156.51 per share, for a total transaction of $313,020.00. Following the completion of the acquisition, the director now owns 5,730 shares of the company's stock, valued at approximately $896,802.30. This trade represents a 53.62 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.48% of the company's stock.

Hedge Funds Weigh In On Diamondback Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FANG. Lakewood Asset Management LLC raised its stake in shares of Diamondback Energy by 0.5% in the fourth quarter. Lakewood Asset Management LLC now owns 11,340 shares of the oil and natural gas company's stock valued at $1,858,000 after acquiring an additional 60 shares in the last quarter. Magnolia Capital Advisors LLC boosted its stake in shares of Diamondback Energy by 2.0% in the 4th quarter. Magnolia Capital Advisors LLC now owns 3,247 shares of the oil and natural gas company's stock valued at $532,000 after buying an additional 64 shares during the period. Barden Capital Management Inc. increased its stake in shares of Diamondback Energy by 1.5% during the fourth quarter. Barden Capital Management Inc. now owns 4,380 shares of the oil and natural gas company's stock worth $718,000 after buying an additional 64 shares during the period. Greenleaf Trust raised its holdings in Diamondback Energy by 1.0% in the fourth quarter. Greenleaf Trust now owns 6,892 shares of the oil and natural gas company's stock valued at $1,129,000 after acquiring an additional 66 shares in the last quarter. Finally, Buckhead Capital Management LLC lifted its stake in Diamondback Energy by 0.3% in the fourth quarter. Buckhead Capital Management LLC now owns 19,830 shares of the oil and natural gas company's stock worth $3,249,000 after acquiring an additional 67 shares during the last quarter. Hedge funds and other institutional investors 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.