Matador Resources (NYSE:MTDR) Shares Gap Down – Should You Sell?

Matador Resources Company (NYSE:MTDR)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $64.49, but opened at $58.68. Matador Resources shares last traded at $59.18, with a volume of 721,325 shares traded.

Trending Headlines about Matador Resources

Here are the key news stories impacting Matador Resources this week:

• Positive Sentiment: KeyCorp sharply raised earnings estimates across 2026–2027 and maintained an “Overweight” rating with a $73 price target — analysts boosted quarterly EPS forecasts (examples: Q1–Q4 2026 and Q1–Q3 2027) and lifted FY2026 to $7.90 and FY2027 to $10.00, signaling materially higher forward earnings expectations. KeyCorp research via MarketBeat
• Neutral Sentiment: Roth MKM reiterated a “Neutral” rating but raised its price target to $65 from $52 — the higher target narrows the gap to current levels (moderate upside implied) but the unchanged rating suggests limited conviction to drive a strong buy-side move. Roth MKM note via Benzinga
• Negative Sentiment: Recent company results show year-over-year softness: Matador’s last reported quarter had revenue down ~15.7% YoY and EPS fell vs. the prior-year quarter (reported $0.87 vs. $1.83 a year earlier), which can keep investors cautious despite beat versus consensus. Quarterly results and details

Wall Street Analysts Forecast Growth

MTDR has been the topic of a number of research reports. Wells Fargo & Company raised their price target on Matador Resources from $47.00 to $54.00 and gave the stock an “equal weight” rating in a research note on Monday, March 16th. BMO Capital Markets raised their price target on Matador Resources from $65.00 to $72.00 and gave the stock an “outperform” rating in a research note on Monday. Morgan Stanley dropped their price target on Matador Resources from $56.00 to $52.00 and set an “equal weight” rating on the stock in a research note on Friday, January 23rd. UBS Group raised their price target on Matador Resources from $50.00 to $52.00 and gave the stock a “neutral” rating in a research note on Thursday, March 5th. Finally, Truist Financial initiated coverage on Matador Resources in a research note on Tuesday, March 24th. They set a “hold” rating and a $60.00 price target on the stock. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Matador Resources presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.47.

Matador Resources Stock Down 8.2%

The firm has a 50 day simple moving average of $53.90 and a two-hundred day simple moving average of $46.49. The company has a market capitalization of $7.36 billion, a PE ratio of 9.72 and a beta of 0.91. The company has a current ratio of 0.79, a quick ratio of 0.75 and a debt-to-equity ratio of 0.57.

Matador Resources (NYSE:MTDR) last announced its earnings results on Tuesday, February 24th. The energy company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.16. Matador Resources had a return on equity of 12.36% and a net margin of 20.54%.The company had revenue of $847.99 million for the quarter, compared to the consensus estimate of $811.13 million. During the same period last year, the business posted $1.83 EPS. The company’s revenue was down 15.7% on a year-over-year basis. Research analysts expect that Matador Resources Company will post 8.53 EPS for the current year.

Matador Resources Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Friday, February 27th were paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Friday, February 27th. Matador Resources’s dividend payout ratio (DPR) is 24.59%.

Institutional Trading of Matador Resources

A number of institutional investors have recently modified their holdings of MTDR. Adage Capital Partners GP L.L.C. boosted its stake in shares of Matador Resources by 143.1% in the second quarter. Adage Capital Partners GP L.L.C. now owns 2,556,472 shares of the energy company’s stock valued at $121,995,000 after buying an additional 1,505,000 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new stake in shares of Matador Resources in the third quarter valued at approximately $61,615,000. Wellington Management Group LLP boosted its stake in shares of Matador Resources by 65.0% in the fourth quarter. Wellington Management Group LLP now owns 3,406,182 shares of the energy company’s stock valued at $144,558,000 after buying an additional 1,342,145 shares in the last quarter. Encompass Capital Advisors LLC purchased a new stake in shares of Matador Resources in the fourth quarter valued at approximately $53,249,000. Finally, Balyasny Asset Management L.P. boosted its stake in shares of Matador Resources by 2,495.0% in the fourth quarter. Balyasny Asset Management L.P. now owns 552,856 shares of the energy company’s stock valued at $23,463,000 after buying an additional 531,551 shares in the last quarter. 91.98% of the stock is currently owned by hedge funds and other institutional investors.

Matador Resources Company Profile

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.