Zacks Research Issues Pessimistic Outlook for FANG Earnings

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) - Analysts at Zacks Research dropped their Q4 2025 earnings per share estimates for Diamondback Energy in a report issued on Monday, August 18th. Zacks Research analyst Team now forecasts that the oil and natural gas company will post earnings of $2.80 per share for the quarter, down from their previous estimate of $2.94. 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 $2.74 EPS, Q4 2026 earnings at $2.88 EPS and Q1 2027 earnings at $3.09 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.

Several other research analysts also recently weighed in on the company. Wall Street Zen downgraded Diamondback Energy from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. JPMorgan Chase & Co. cut their price target on shares of Diamondback Energy from $167.00 to $161.00 and set an "overweight" rating on the stock in a report on Wednesday, May 7th. Royal Bank Of Canada started coverage on Diamondback Energy in a research report on Friday, May 2nd. They issued an "outperform" rating and a $180.00 price objective on the stock. Bank of America boosted their target price on shares of Diamondback Energy from $165.00 to $170.00 and gave the stock a "buy" rating in a research report on Friday, May 23rd. Finally, Barclays cut their price target on Diamondback Energy from $200.00 to $185.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating, one has given a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $191.59.

Diamondback Energy Trading Down 0.5%

Shares of FANG stock opened at $139.52 on Tuesday. The firm has a 50-day moving average price of $143.60 and a 200 day moving average price of $144.22. The company has a current ratio of 0.55, a quick ratio of 0.52 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $40.39 billion, a price-to-earnings ratio of 9.92 and a beta of 1.09. Diamondback Energy has a twelve month low of $114.00 and a twelve month high of $200.47.

Hedge Funds Weigh In On Diamondback Energy

Several hedge funds and other institutional investors have recently made changes to their positions in FANG. CANADA LIFE ASSURANCE Co boosted its position in Diamondback Energy by 2.5% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 123,249 shares of the oil and natural gas company's stock worth $20,181,000 after acquiring an additional 3,057 shares during the period. GeoWealth Management LLC raised its stake in shares of Diamondback Energy by 69.9% during the fourth quarter. GeoWealth Management LLC now owns 3,072 shares of the oil and natural gas company's stock valued at $503,000 after purchasing an additional 1,264 shares in the last quarter. Capital World Investors raised its stake in shares of Diamondback Energy by 1,470.6% during the fourth quarter. Capital World Investors now owns 46,897 shares of the oil and natural gas company's stock valued at $7,683,000 after purchasing an additional 43,911 shares in the last quarter. Norinchukin Bank The lifted its holdings in Diamondback Energy by 31.1% in the fourth quarter. Norinchukin Bank The now owns 12,855 shares of the oil and natural gas company's stock worth $2,106,000 after purchasing an additional 3,048 shares during the period. Finally, Ossiam grew its position in Diamondback Energy by 96.6% in the 4th quarter. Ossiam now owns 4,669 shares of the oil and natural gas company's stock valued at $765,000 after buying an additional 2,294 shares in the last quarter. 90.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Diamondback Energy

In other Diamondback Energy news, Chairman Travis D. Stice sold 20,400 shares of the company's stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $142.80, for a total value of $2,913,120.00. Following the completion of the transaction, the chairman owned 102,145 shares in the company, valued at approximately $14,586,306. This represents a 16.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.48% of the stock is owned by insiders.

Diamondback Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 21st. Shareholders of record on Thursday, August 14th will be paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Thursday, August 14th. Diamondback Energy's payout ratio is presently 28.43%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.