Brokers Offer Predictions for FANG FY2026 Earnings

Diamondback Energy, Inc. (NASDAQ:FANG) – Research analysts at Scotiabank issued their FY2026 earnings estimates for shares of Diamondback Energy in a research report issued on Wednesday, January 8th. Scotiabank analyst P. Cheng anticipates that the oil and natural gas company will post earnings of $16.50 per share for the year. Scotiabank has a “Sector Outperform” rating and a $225.00 price objective on the stock. The consensus estimate for Diamondback Energy’s current full-year earnings is $16.51 per share.

Diamondback Energy (NASDAQ:FANG) last posted its quarterly earnings results on Monday, November 4th. The oil and natural gas company reported $3.38 earnings per share for the quarter, missing the consensus estimate of $4.62 by ($1.24). Diamondback Energy had a net margin of 33.64% and a return on equity of 13.68%. The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same period in the previous year, the firm posted $5.49 earnings per share. The firm’s quarterly revenue was up 13.0% on a year-over-year basis.

Other research analysts have also issued research reports about the stock. Wolfe Research upgraded shares of Diamondback Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research note on Friday, January 3rd. Barclays upgraded shares of Diamondback Energy from an “equal weight” rating to an “overweight” rating and lowered their price target for the company from $216.00 to $210.00 in a report on Wednesday, October 2nd. Susquehanna lowered their price target on shares of Diamondback Energy from $237.00 to $233.00 and set a “positive” rating on the stock in a report on Friday, October 18th. Raymond James boosted their price target on shares of Diamondback Energy from $232.00 to $237.00 and gave the company a “strong-buy” rating in a report on Tuesday, November 19th. Finally, StockNews.com upgraded shares of Diamondback Energy from a “sell” rating to a “hold” rating in a report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $209.83.

Diamondback Energy Price Performance

Shares of FANG opened at $170.99 on Friday. The business’s 50-day moving average is $170.78 and its 200-day moving average is $184.12. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.45 and a quick ratio of 0.42. The company has a market capitalization of $49.93 billion, a price-to-earnings ratio of 9.79, a P/E/G ratio of 1.19 and a beta of 1.88. Diamondback Energy has a fifty-two week low of $147.93 and a fifty-two week high of $214.50.

Institutional Trading of Diamondback Energy

Large investors have recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its stake in shares of Diamondback Energy by 48.5% during the third quarter. Franklin Resources Inc. now owns 146,870 shares of the oil and natural gas company’s stock valued at $28,008,000 after purchasing an additional 47,951 shares during the last quarter. Benjamin Edwards Inc. grew its stake in shares of Diamondback Energy by 368.1% during the third quarter. Benjamin Edwards Inc. now owns 9,784 shares of the oil and natural gas company’s stock valued at $1,687,000 after purchasing an additional 7,694 shares during the last quarter. Everence Capital Management Inc. bought a new stake in shares of Diamondback Energy during the fourth quarter valued at approximately $1,053,000. Geode Capital Management LLC grew its stake in shares of Diamondback Energy by 6.1% during the third quarter. Geode Capital Management LLC now owns 4,618,560 shares of the oil and natural gas company’s stock valued at $793,611,000 after purchasing an additional 266,299 shares during the last quarter. Finally, Atria Investments Inc grew its stake in shares of Diamondback Energy by 18.5% during the third quarter. Atria Investments Inc now owns 42,678 shares of the oil and natural gas company’s stock valued at $7,358,000 after purchasing an additional 6,672 shares during the last quarter. 90.01% of the stock is owned by institutional investors.

Insider Activity

In other Diamondback Energy news, Director Mark Lawrence Plaumann sold 1,150 shares of the company’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $181.00, for a total transaction of $208,150.00. Following the sale, the director now directly owns 4,712 shares of the company’s stock, valued at approximately $852,872. This represents a 19.62 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.48% of the stock is owned by company insiders.

Diamondback Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend was Thursday, November 14th. Diamondback Energy’s dividend payout ratio is currently 20.61%.

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.