MTDR Stock Earnings Estimates Decreased by Zacks Research

Matador Resources Company (NYSE:MTDR) – Equities researchers at Zacks Research reduced their Q4 2027 EPS estimates for shares of Matador Resources in a research note issued on Thursday, October 29th. Zacks Research analyst Team now forecasts that the energy company will post earnings of $1.40 per share for the quarter, down from their previous forecast of $1.65. The consensus estimate for Matador Resources’ current full-year earnings is $7.83 per share. Zacks Research also issued estimates for Matador Resources’ Q1 2028 earnings at $1.64 EPS and Q2 2028 earnings at $2.07 EPS.

Matador Resources (NYSE:MTDR) last announced its quarterly earnings results on Wednesday, August 5th. The energy company reported $2.61 EPS for the quarter, beating the consensus estimate of $2.08 by $0.53. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.06 billion. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%. The firm’s revenue was up 32.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.53 earnings per share.

Other equities analysts have also recently issued reports about the stock. Weiss Ratings raised shares of Matador Resources from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. Stephens increased their price target on shares of Matador Resources from $92.00 to $93.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 28th. Truist Financial raised their price objective on shares of Matador Resources from $59.00 to $65.00 and gave the stock a “buy” rating in a research report on Wednesday, October 14th. Wall Street Zen lowered shares of Matador Resources from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 17th. Finally, Morgan Stanley lifted their price objective on shares of Matador Resources from $66.00 to $69.00 and gave the company an “equal weight” rating in a research note on Thursday, October 15th. Thirteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $67.20.

Matador Resources Trading Down 0.2%

NYSE:MTDR opened at $59.73 on Friday. The company has a market capitalization of $7.39 billion, a PE ratio of 10.25 and a beta of 0.98. Matador Resources has a 52-week low of $37.14 and a 52-week high of $66.84. The stock’s 50 day moving average price is $56.62 and its 200 day moving average price is $54.19. The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 0.67.

Hedge Funds Weigh In On Matador Resources

Several hedge funds have recently bought and sold shares of MTDR. Root Financial Partners LLC acquired a new position in shares of Matador Resources in the third quarter worth $25,000. V Square Quantitative Management LLC acquired a new stake in shares of Matador Resources during the first quarter valued at $27,000. Center for Financial Planning Inc. acquired a new stake in shares of Matador Resources during the first quarter valued at $41,000. Harbor Investment Advisory LLC acquired a new stake in shares of Matador Resources during the second quarter valued at $44,000. Finally, Altshuler Shaham Ltd increased its position in Matador Resources by 36.7% during the 1st 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. Hedge funds and other institutional investors own 91.98% of the company’s stock.

Insider Buying and Selling at Matador Resources

In other news, CEO Joseph Foran acquired 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The stock was purchased at an average cost of $52.16 per share, with a total value of $521,600.00. Following the purchase, the chief executive officer directly owned 25,617 shares of the company’s stock, valued at approximately $1,336,182.72. This trade represents a 64.03% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Christopher Calvert purchased 2,500 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was purchased at an average price of $56.64 per share, with a total value of $141,600.00. Following the transaction, the chief financial officer owned 44,000 shares of the company’s stock, valued at approximately $2,492,160. This represents a 6.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders purchased 23,144 shares of company stock valued at $1,211,793. Corporate insiders own 5.90% of the company’s stock.

Matador Resources Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Tuesday, November 10th will be given a dividend of $0.4375 per share. The ex-dividend date is Tuesday, November 10th. This is an increase from Matador Resources’s previous quarterly dividend of $0.3750. This represents a $1.75 annualized dividend and a yield of 2.9%. Matador Resources’s dividend payout ratio (DPR) is currently 25.73%.

About Matador Resources

Matador Resources Company (NYSE: MTDR) is an independent energy company engaged in the exploration, development, production and acquisition of oil, natural gas and natural gas liquids. The company focuses primarily on unconventional, or shale, resource plays and operates across both upstream exploration and production and related midstream activities.

Matador’s principal exploration and production operations are located in the Delaware Basin in southeastern New Mexico and West Texas. Its midstream operations, conducted primarily through San Mateo Midstream, provide natural gas gathering and processing, crude oil and produced-water gathering, and water sourcing and disposal services that support the company’s operations and other producers in the region.

Founded in 2003 and headquartered in Dallas, Texas, Matador has historically expanded through development and acquisitions in U.S.