Q2 EPS Forecast for Diamondback Energy Decreased by Analyst

Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) - Capital One Financial lowered their Q2 2025 earnings per share (EPS) estimates for Diamondback Energy in a research report issued on Monday, July 14th. Capital One Financial analyst B. Velie now expects that the oil and natural gas company will earn $2.44 per share for the quarter, down from their previous forecast of $2.60. 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 FY2025 earnings at $14.34 EPS and FY2027 earnings at $13.06 EPS.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last announced its earnings results on Monday, May 5th. The oil and natural gas company reported $4.54 EPS for the quarter, beating the consensus estimate of $3.67 by $0.87. The business had revenue of $4.05 billion during the quarter, compared to the consensus estimate of $3.58 billion. Diamondback Energy had a return on equity of 11.22% and a net margin of 30.84%. Diamondback Energy's revenue was up 81.8% compared to the same quarter last year. During the same period in the prior year, the business posted $4.50 earnings per share.

Several other equities research analysts also recently issued reports on FANG. Morgan Stanley reissued an "overweight" rating on shares of Diamondback Energy in a research note on Tuesday. Mizuho cut their price target on Diamondback Energy from $186.00 to $179.00 and set an "outperform" rating for the company in a research note on Tuesday, May 13th. JPMorgan Chase & Co. cut their price target on Diamondback Energy from $167.00 to $161.00 and set an "overweight" rating for the company in a research note on Wednesday, May 7th. UBS Group cut their price target on Diamondback Energy from $175.00 to $163.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. Finally, Barclays lowered their price objective on Diamondback Energy from $200.00 to $185.00 and set an "overweight" rating on the stock in a report on Wednesday, April 23rd. Two analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Diamondback Energy presently has a consensus rating of "Buy" and a consensus target price of $193.35.

Diamondback Energy Stock Down 1.0%

Diamondback Energy stock traded down $1.44 during mid-day trading on Tuesday, hitting $136.45. The company's stock had a trading volume of 1,062,568 shares, compared to its average volume of 2,295,192. The firm's 50 day moving average is $141.38 and its 200 day moving average is $149.27. The company has a market cap of $39.87 billion, a PE ratio of 8.35 and a beta of 1.05. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.86 and a quick ratio of 0.83. Diamondback Energy has a 52-week low of $114.00 and a 52-week high of $214.50.

Diamondback Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 15th were issued a $1.00 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $4.00 annualized dividend and a dividend yield of 2.93%. Diamondback Energy's dividend payout ratio (DPR) is currently 24.46%.

Insider Activity

In other news, President Hof Matthew Kaes Van't sold 10,000 shares of the company's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $142.69, for a total transaction of $1,426,900.00. Following the completion of the transaction, the president directly owned 120,645 shares of the company's stock, valued at $17,214,835.05. This represents a 7.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.48% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. BankPlus Trust Department acquired a new position in Diamondback Energy during the first quarter valued at approximately $27,000. Pinnacle Bancorp Inc. increased its position in Diamondback Energy by 95.7% during the 1st quarter. Pinnacle Bancorp Inc. now owns 180 shares of the oil and natural gas company's stock worth $29,000 after buying an additional 88 shares during the period. SouthState Corp increased its position in Diamondback Energy by 596.4% during the 1st quarter. SouthState Corp now owns 195 shares of the oil and natural gas company's stock worth $31,000 after buying an additional 167 shares during the period. Grove Bank & Trust increased its position 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. Finally, WASHINGTON TRUST Co increased its stake in Diamondback Energy by 119.8% during the 1st quarter. WASHINGTON TRUST Co now owns 200 shares of the oil and natural gas company's stock worth $32,000 after acquiring an additional 109 shares during the period. 90.01% of the stock is owned by institutional investors and hedge funds.

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.