Zacks Research Expects Weaker Earnings for Matador Resources

Matador Resources Company (NYSE:MTDR) – Research analysts at Zacks Research lowered their Q2 2026 EPS estimates for Matador Resources in a report released on Wednesday, July 8th. Zacks Research analyst Team now expects that the energy company will post earnings per share of $1.47 for the quarter, down from their previous forecast of $1.49. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Matador Resources’ current full-year earnings is $7.20 per share. Zacks Research also issued estimates for Matador Resources’ Q3 2027 earnings at $1.97 EPS.

MTDR has been the subject of several other research reports. KeyCorp upped their price target on shares of Matador Resources from $61.00 to $73.00 and gave the company an “overweight” rating in a research report on Thursday, April 2nd. Truist Financial raised shares of Matador Resources from a “hold” rating to a “buy” rating and raised their price objective for the stock from $60.00 to $67.00 in a research report on Tuesday, May 12th. Citigroup dropped their price objective on shares of Matador Resources from $77.00 to $72.00 and set a “buy” rating on the stock in a research note on Tuesday, May 26th. Wells Fargo & Company upped their target price on shares of Matador Resources from $54.00 to $63.00 and gave the company an “equal weight” rating in a report on Thursday, April 16th. Finally, Mizuho boosted their price target on Matador Resources from $74.00 to $77.00 and gave the company an “outperform” rating in a research report on Wednesday, May 27th. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Matador Resources currently has an average rating of “Moderate Buy” and an average price target of $64.38.

Matador Resources Stock Performance

Shares of MTDR stock opened at $52.78 on Thursday. The stock’s 50-day moving average is $54.59 and its two-hundred day moving average is $52.37. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.70 and a current ratio of 0.73. Matador Resources has a 1 year low of $37.14 and a 1 year high of $66.84. The firm has a market cap of $6.55 billion, a price-to-earnings ratio of 13.57 and a beta of 0.74.

Matador Resources (NYSE:MTDR) last released its quarterly earnings data on Wednesday, May 6th. The energy company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.29. The business had revenue of $941.60 million during the quarter, compared to analysts’ expectations of $871.57 million. Matador Resources had a return on equity of 11.20% and a net margin of 14.41%.The business’s quarterly revenue was down 33.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.99 EPS.

Institutional Investors Weigh In On Matador Resources

Several institutional investors have recently bought and sold shares of the business. V Square Quantitative Management LLC purchased a new stake in Matador Resources during the 1st quarter worth $27,000. Kestra Investment Management LLC raised its position in Matador Resources by 225.2% in the second quarter. Kestra Investment Management LLC now owns 517 shares of the energy company’s stock valued at $25,000 after purchasing an additional 358 shares during the period. Center for Financial Planning Inc. acquired a new position in shares of Matador Resources during the first quarter worth about $41,000. Altshuler Shaham Ltd lifted its stake in shares of Matador Resources by 36.7% during the first quarter. Altshuler Shaham Ltd now owns 748 shares of the energy company’s stock worth $47,000 after purchasing an additional 201 shares in the last quarter. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of Matador Resources during the 3rd quarter valued at about $35,000. 91.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Matador Resources

In other news, CFO Christopher P. Calvert bought 1,500 shares of the stock in a transaction on Friday, May 29th. The stock was purchased at an average cost of $53.24 per share, with a total value of $79,860.00. Following the purchase, the chief financial officer owned 41,500 shares of the company’s stock, valued at approximately $2,209,460. The trade was a 3.75% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, COO Glenn W. Stetson bought 500 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The stock was acquired at an average price of $53.41 per share, with a total value of $26,705.00. Following the completion of the purchase, the chief operating officer directly owned 95,470 shares of the company’s stock, valued at approximately $5,099,052.70. The trade was a 0.53% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have bought 11,907 shares of company stock worth $635,712. Corporate insiders own 5.90% of the company’s stock.

Matador Resources Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 8th were paid a $0.375 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.50 annualized dividend and a yield of 2.8%. Matador Resources’s payout ratio is presently 38.56%.

About Matador Resources

Matador Resources Company is an independent energy firm primarily engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. The company focuses on upstream operations, utilizing horizontal drilling and hydraulic fracturing techniques to unlock hydrocarbons from key reservoirs. Its asset base includes both operated and non?operated positions, with a particular emphasis on the Permian Basin, one of the most prolific oil-producing regions in North America.

Matador’s core operations are concentrated in the Delaware Basin segment of the Permian Basin, where it holds substantial acreage in both Reeves and Culberson counties in West Texas and Eddy and Lea counties in New Mexico.