Weekly Investment Analysts’ Ratings Updates for Diamondback Energy (FANG)

A number of firms have modified their ratings and price targets on shares of Diamondback Energy (NASDAQ: FANG) recently:

• 2/25/2025 – Diamondback Energy had its price target raised by analysts at Mizuho from $201.00 to $204.00. They now have an “outperform” rating on the stock.
• 2/19/2025 – Diamondback Energy had its price target raised by analysts at Morgan Stanley from $220.00 to $227.00. They now have an “overweight” rating on the stock.
• 2/19/2025 – Diamondback Energy had its price target raised by analysts at Truist Financial Co. from $236.00 to $238.00. They now have a “buy” rating on the stock.
• 2/13/2025 – Diamondback Energy had its price target raised by analysts at UBS Group AG from $212.00 to $216.00. They now have a “buy” rating on the stock.
• 1/23/2025 – Diamondback Energy had its price target raised by analysts at Raymond James from $237.00 to $256.00. They now have a “strong-buy” rating on the stock.
• 1/23/2025 – Diamondback Energy had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $210.00 price target on the stock.
• 1/22/2025 – Diamondback Energy was given a new $220.00 price target on by analysts at Morgan Stanley.
• 1/17/2025 – Diamondback Energy had its price target raised by analysts at JPMorgan Chase & Co. from $191.00 to $195.00. They now have an “overweight” rating on the stock.
• 1/13/2025 – Diamondback Energy had its price target raised by analysts at Truist Financial Co. from $230.00 to $236.00. They now have a “buy” rating on the stock.
• 1/3/2025 – Diamondback Energy was upgraded by analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating. They now have a $190.00 price target on the stock.

Diamondback Energy Trading Down 2.1 %

Diamondback Energy stock opened at $151.92 on Wednesday. Diamondback Energy, Inc. has a 52 week low of $151.69 and a 52 week high of $214.50. The firm has a market capitalization of $44.36 billion, a PE ratio of 8.70, a PEG ratio of 1.24 and a beta of 1.86. The business’s 50-day simple moving average is $165.36 and its 200-day simple moving average is $175.93. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.42 and a current ratio of 0.45.

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 return on equity of 13.68% and a net margin of 33.64%. Equities research analysts forecast that Diamondback Energy, Inc. will post 15.49 earnings per share for the current year.

Diamondback Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, March 6th will be issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.63%. This is an increase from Diamondback Energy’s previous quarterly dividend of $0.90. The ex-dividend date is Thursday, March 6th. Diamondback Energy’s payout ratio is presently 20.61%.

Hedge Funds Weigh In On Diamondback Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wintrust Investments LLC bought a new position in shares of Diamondback Energy in the fourth quarter valued at about $28,000. R Squared Ltd acquired a new stake in Diamondback Energy in the 4th quarter valued at about $29,000. UMB Bank n.a. raised its stake in shares of Diamondback Energy by 247.3% in the fourth quarter. UMB Bank n.a. now owns 191 shares of the oil and natural gas company’s stock worth $31,000 after acquiring an additional 136 shares during the last quarter. Fourth Dimension Wealth LLC acquired a new position in shares of Diamondback Energy during the fourth quarter worth approximately $33,000. Finally, Key Financial Inc grew its stake in shares of Diamondback Energy by 940.0% during the fourth quarter. Key Financial Inc now owns 208 shares of the oil and natural gas company’s stock valued at $34,000 after purchasing an additional 188 shares during the last quarter. 90.01% of the stock is currently owned by institutional investors and hedge funds.

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.