Roth Capital Issues Pessimistic Estimate for FANG Earnings

Diamondback Energy, Inc. (NASDAQ:FANG) – Stock analysts at Roth Capital cut their Q1 2025 earnings per share estimates for Diamondback Energy in a report released on Monday, April 14th. Roth Capital analyst L. Mariani now forecasts that the oil and natural gas company will post earnings of $3.29 per share for the quarter, down from their prior estimate of $3.40. The consensus estimate for Diamondback Energy’s current full-year earnings is $15.49 per share. Roth Capital also issued estimates for Diamondback Energy’s Q3 2026 earnings at $3.53 EPS and Q4 2026 earnings at $3.68 EPS.

Several other equities research analysts have also recently issued reports on the company. Wells Fargo & Company decreased 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. Williams Trading set a $190.00 price objective on shares of Diamondback Energy in a research report on Wednesday, March 5th. Morgan Stanley restated an “overweight” rating on shares of Diamondback Energy in a research note on Tuesday. Wolfe Research upgraded Diamondback Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price target for the company in a report on Friday, January 3rd. Finally, JPMorgan Chase & Co. dropped their target price on Diamondback Energy from $167.00 to $166.00 and set an “overweight” rating on the stock in a research report on Thursday, April 10th. Three research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $208.17.

Diamondback Energy Stock Performance

NASDAQ:FANG opened at $127.14 on Wednesday. The firm has a 50-day moving average price of $148.66 and a two-hundred day moving average price of $165.69. The company has a market capitalization of $37.39 billion, a P/E ratio of 7.28, a price-to-earnings-growth ratio of 1.24 and a beta of 1.44. Diamondback Energy has a twelve month low of $114.00 and a twelve month 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.

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

Diamondback Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Thursday, March 6th were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.15%. This is a boost from Diamondback Energy’s previous quarterly dividend of $0.90. The ex-dividend date was Thursday, March 6th. Diamondback Energy’s dividend payout ratio is presently 25.32%.

Insider Activity

In related news, Director Frank D. Tsuru purchased 2,000 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was acquired at an average cost of $156.51 per share, with a total value of $313,020.00. Following the transaction, the director now owns 5,730 shares of the company’s stock, valued at $896,802.30. This represents a 53.62 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.48% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Diamondback Energy

Institutional investors have recently bought and sold shares of the company. Greenwood Capital Associates LLC grew its stake in Diamondback Energy by 5.5% during the first quarter. Greenwood Capital Associates LLC now owns 29,018 shares of the oil and natural gas company’s stock valued at $4,639,000 after acquiring an additional 1,504 shares in the last quarter. Fifth Third Bancorp lifted its stake in shares of Diamondback Energy by 5.7% in the 1st quarter. Fifth Third Bancorp now owns 8,798 shares of the oil and natural gas company’s stock valued at $1,407,000 after acquiring an additional 477 shares during the last quarter. Simon Quick Advisors LLC raised its holdings in Diamondback Energy by 8.7% during the 1st quarter. Simon Quick Advisors LLC now owns 1,339 shares of the oil and natural gas company’s stock valued at $214,000 after buying an additional 107 shares during the last quarter. CX Institutional bought a new position in Diamondback Energy during the 1st quarter valued at approximately $502,000. Finally, Integrated Advisors Network LLC boosted its holdings in Diamondback Energy by 7.2% in the first quarter. Integrated Advisors Network LLC now owns 2,800 shares of the oil and natural gas company’s stock valued at $448,000 after acquiring an additional 187 shares in the last quarter. Hedge funds and other institutional investors own 90.01% of the company’s stock.

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.