What is KeyCorp’s Estimate for FANG Q1 Earnings?

Diamondback Energy, Inc. (NASDAQ:FANG) – Analysts at KeyCorp issued their Q1 2025 earnings per share estimates for Diamondback Energy in a report released on Sunday, April 20th. KeyCorp analyst T. Rezvan expects that the oil and natural gas company will earn $4.33 per share for the quarter. KeyCorp has a “Overweight” rating and a $180.00 price target on the stock. The consensus estimate for Diamondback Energy’s current full-year earnings is $15.49 per share. KeyCorp also issued estimates for Diamondback Energy’s Q2 2025 earnings at $3.25 EPS, Q3 2025 earnings at $3.25 EPS, Q4 2025 earnings at $3.50 EPS, FY2025 earnings at $14.33 EPS, Q1 2026 earnings at $3.55 EPS, Q2 2026 earnings at $3.40 EPS, Q3 2026 earnings at $3.42 EPS, Q4 2026 earnings at $3.69 EPS and FY2026 earnings at $14.07 EPS.

Several other research firms have also recently weighed in on FANG. JPMorgan Chase & Co. decreased their price objective on shares of Diamondback Energy from $167.00 to $166.00 and set an “overweight” rating for the company in a research report on Thursday, April 10th. Williams Trading set a $190.00 price target on Diamondback Energy in a report on Wednesday, March 5th. Citigroup raised Diamondback Energy from a “reduce” rating to a “buy” rating and boosted their price objective for the company from $157.00 to $180.00 in a research note on Monday, April 7th. Wolfe Research raised Diamondback Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 target price for the company in a research note on Friday, January 3rd. Finally, Wells Fargo & Company dropped their price target on Diamondback Energy from $215.00 to $207.00 and set an “overweight” rating on the stock in a research note on Monday. Three equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Diamondback Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $202.75.

Diamondback Energy Stock Up 3.2 %

Diamondback Energy stock opened at $136.54 on Wednesday. The firm has a market cap of $40.15 billion, a price-to-earnings ratio of 7.82, a PEG ratio of 1.24 and a beta of 1.44. Diamondback Energy has a 52-week low of $114.00 and a 52-week high of $214.50. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.42 and a current ratio of 0.45. The firm has a 50 day moving average price of $146.28 and a two-hundred day moving average price of $164.02.

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

Diamondback Energy Increases Dividend

The business also recently disclosed 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 is a positive change from Diamondback Energy’s previous quarterly dividend of $0.90. This represents a $4.00 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date was Thursday, March 6th. Diamondback Energy’s payout ratio is currently 25.32%.

Insiders Place Their Bets

In related news, Director Frank D. Tsuru bought 2,000 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The shares were bought at an average price of $156.51 per share, with a total value of $313,020.00. Following the completion of the transaction, the director now directly owns 5,730 shares in the company, valued at approximately $896,802.30. This represents a 53.62 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.48% of the company’s stock.

Hedge Funds Weigh In On Diamondback Energy

Several large investors have recently bought and sold shares of the stock. Lakewood Asset Management LLC lifted its position in shares of Diamondback Energy by 0.5% during the fourth quarter. Lakewood Asset Management LLC now owns 11,340 shares of the oil and natural gas company’s stock valued at $1,858,000 after purchasing an additional 60 shares in the last quarter. Magnolia Capital Advisors LLC lifted its position in shares of Diamondback Energy by 2.0% during the 4th quarter. Magnolia Capital Advisors LLC now owns 3,247 shares of the oil and natural gas company’s stock worth $532,000 after buying an additional 64 shares in the last quarter. Barden Capital Management Inc. lifted its position in shares of Diamondback Energy by 1.5% during the 4th quarter. Barden Capital Management Inc. now owns 4,380 shares of the oil and natural gas company’s stock worth $718,000 after buying an additional 64 shares in the last quarter. Greenleaf Trust boosted its stake in shares of Diamondback Energy by 1.0% in the 4th quarter. Greenleaf Trust now owns 6,892 shares of the oil and natural gas company’s stock worth $1,129,000 after buying an additional 66 shares during the last quarter. Finally, Buckhead Capital Management LLC grew its holdings in shares of Diamondback Energy by 0.3% in the fourth quarter. Buckhead Capital Management LLC now owns 19,830 shares of the oil and natural gas company’s stock valued at $3,249,000 after acquiring an additional 67 shares in the last quarter. 90.01% of the stock is currently owned by institutional investors.

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.