FANG FY2026 EPS Forecast Reduced by Capital One Financial

Key Points

• Capital One Financial has revised its FY2026 earnings estimate for Diamondback Energy, lowering it from $12.97 to $12.35 per share, while the current consensus estimate is $15.49 per share.
• Several research firms have updated their price targets for Diamondback Energy, with Morgan Stanley increasing its target from $184.00 to $186.00 and maintaining an "overweight" rating on the stock.
• Diamondback Energy announced a quarterly dividend of $1.00 per share, resulting in an annualized payout of $4.00 and a yield of 2.7%.

Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) - Equities research analysts at Capital One Financial lowered their FY2026 EPS estimates for shares of Diamondback Energy in a report issued on Wednesday, August 27th. Capital One Financial analyst B. Velie now expects that the oil and natural gas company will post earnings per share of $12.35 for the year, down from their prior forecast of $12.97. The consensus estimate for Diamondback Energy's current full-year earnings is $15.49 per share. Capital One Financial also issued estimates for Diamondback Energy's FY2027 earnings at $13.71 EPS.

Diamondback Energy (NASDAQ:FANG - Get Free Report) 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 analysts' consensus estimates of $2.72 by ($0.05). Diamondback Energy had a return on equity of 9.48% and a net margin of 27.25%.The business had revenue of $3.68 billion for the quarter, compared to analysts' expectations of $3.35 billion. During the same period last year, the business earned $4.52 earnings per share. The company's revenue for the quarter was up 48.1% on a year-over-year basis.

FANG has been the topic of a number of other research reports. Mizuho decreased their target price on shares of Diamondback Energy from $186.00 to $179.00 and set an "outperform" rating on the stock in a research report on Tuesday, May 13th. Morgan Stanley raised their target price on shares of Diamondback Energy from $184.00 to $186.00 and gave the stock an "overweight" rating in a research report on Monday, August 18th. Evercore ISI initiated coverage on shares of Diamondback Energy in a report on Tuesday, May 6th. They issued an "outperform" rating and a $165.00 price target on the stock. William Blair initiated coverage on shares of Diamondback Energy in a report on Monday, August 25th. They issued an "outperform" rating on the stock. Finally, Piper Sandler decreased their price target on shares of Diamondback Energy from $228.00 to $222.00 and set an "overweight" rating on the stock in a report on Thursday, August 14th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, Diamondback Energy currently has a consensus rating of "Buy" and an average price target of $193.33.

Diamondback Energy Trading Up 0.7%

NASDAQ FANG traded up $1.10 during mid-day trading on Monday, reaching $149.86. 1,558,704 shares of the stock were exchanged, compared to its average volume of 1,843,046. Diamondback Energy has a 1-year low of $114.00 and a 1-year high of $200.47. The business's fifty day simple moving average is $142.62 and its 200 day simple moving average is $143.07. The stock has a market capitalization of $43.38 billion, a PE ratio of 10.65 and a beta of 1.14. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.52 and a current ratio of 0.55.

Diamondback Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Thursday, August 14th were issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Thursday, August 14th. Diamondback Energy's dividend payout ratio (DPR) is presently 28.43%.

Insider Activity at Diamondback Energy

In related news, Chairman Travis D. Stice sold 20,400 shares of the firm's 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 sale, the chairman directly owned 102,145 shares in the company, valued at approximately $14,586,306. This trade represents a 16.65% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.48% of the company's stock.

Institutional Investors Weigh In On Diamondback Energy

Several hedge funds have recently modified their holdings of the stock. Uhlmann Price Securities LLC increased its stake in Diamondback Energy by 1.3% during the 2nd quarter. Uhlmann Price Securities LLC now owns 5,090 shares of the oil and natural gas company's stock worth $699,000 after buying an additional 67 shares during the period. Investor s Fiduciary Advisor Network LLC increased its stake in Diamondback Energy by 2.1% during the 1st quarter. Investor s Fiduciary Advisor Network LLC now owns 3,559 shares of the oil and natural gas company's stock worth $569,000 after buying an additional 74 shares during the period. Mesirow Financial Investment Management Inc. increased its stake in Diamondback Energy by 5.6% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 1,414 shares of the oil and natural gas company's stock worth $226,000 after buying an additional 75 shares during the period. FourThought Financial Partners LLC increased its stake in Diamondback Energy by 2.9% during the 1st quarter. FourThought Financial Partners LLC now owns 2,779 shares of the oil and natural gas company's stock worth $444,000 after buying an additional 78 shares during the period. Finally, Grove Bank & Trust increased its stake in Diamondback Energy by 65.0% during the 1st quarter. Grove Bank & Trust now owns 203 shares of the oil and natural gas company's stock worth $32,000 after buying an additional 80 shares during the period. 90.01% of the stock is currently owned by hedge funds and other institutional investors.

About Diamondback Energy

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.