FY2026 Earnings Forecast for FANG Issued By Scotiabank

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

A number of other analysts have also commented on the company. Morgan Stanley raised their price target on Diamondback Energy from $185.00 to $198.00 and gave the stock an “overweight” rating in a research note on Monday, September 16th. Susquehanna dropped their price target on Diamondback Energy from $237.00 to $233.00 and set a “positive” rating for the company in a research note on Friday, October 18th. Citigroup initiated coverage on Diamondback Energy in a research note on Monday, October 14th. They issued a “neutral” rating and a $195.00 price target for the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $210.00 price target on shares of Diamondback Energy in a research note on Wednesday, November 6th. Finally, Truist Financial raised their price target on Diamondback Energy from $220.00 to $230.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Diamondback Energy has a consensus rating of “Moderate Buy” and an average target price of $209.83.

Diamondback Energy Stock Performance

Shares of FANG stock opened at $174.77 on Friday. The stock has a fifty day moving average of $170.76 and a 200 day moving average of $183.86. Diamondback Energy has a 52 week low of $147.93 and a 52 week high of $214.50. The firm has a market capitalization of $51.03 billion, a price-to-earnings ratio of 10.00, a PEG ratio of 1.19 and a beta of 1.88. The company has a quick ratio of 0.42, a current ratio of 0.45 and a debt-to-equity ratio of 0.31.

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

Institutional Investors Weigh In On Diamondback Energy

Institutional investors have recently modified their holdings of the business. Carolinas Wealth Consulting LLC boosted its position in shares of Diamondback Energy by 67.1% during the second quarter. Carolinas Wealth Consulting LLC now owns 137 shares of the oil and natural gas company’s stock valued at $27,000 after buying an additional 55 shares during the last quarter. HHM Wealth Advisors LLC purchased a new stake in shares of Diamondback Energy during the second quarter valued at $40,000. Values First Advisors Inc. purchased a new stake in shares of Diamondback Energy during the third quarter valued at $42,000. Oliver Lagore Vanvalin Investment Group boosted its position in shares of Diamondback Energy by 109.7% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 260 shares of the oil and natural gas company’s stock valued at $52,000 after buying an additional 136 shares during the last quarter. Finally, CVA Family Office LLC boosted its position in shares of Diamondback Energy by 28.1% during the third quarter. CVA Family Office LLC now owns 296 shares of the oil and natural gas company’s stock valued at $51,000 after buying an additional 65 shares during the last quarter. 90.01% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Mark Lawrence Plaumann sold 1,150 shares of the stock in a transaction on Wednesday, November 13th. The stock was 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 $852,872. This trade represents a 19.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.48% of the company’s stock.

Diamondback Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were issued a dividend of $0.90 per share. The ex-dividend date was Thursday, November 14th. This represents a $3.60 annualized dividend and a dividend yield of 2.06%. Diamondback Energy’s payout ratio is presently 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.