Q4 EPS Forecast for Matador Resources Increased by Analyst

Matador Resources (NYSE:MTDR) – Research analysts at Zacks Research lifted their Q4 2026 earnings per share (EPS) estimates for shares of Matador Resources in a research report issued to clients and investors on Wednesday, May 7th. Zacks Research analyst R. Department now anticipates that the energy company will post earnings per share of $2.19 for the quarter, up from their prior estimate of $2.09. The consensus estimate for Matador Resources’ current full-year earnings is $8.53 per share.

MTDR has been the subject of a number of other reports. KeyCorp decreased their price objective on Matador Resources from $72.00 to $60.00 and set an “overweight” rating for the company in a research report on Monday, April 21st. Raymond James lowered their price objective on shares of Matador Resources from $77.00 to $67.00 and set an “outperform” rating on the stock in a research report on Monday, March 10th. Benchmark reiterated a “buy” rating and issued a $62.00 target price on shares of Matador Resources in a research report on Friday, January 17th. JPMorgan Chase & Co. lowered their price target on shares of Matador Resources from $65.00 to $61.00 and set an “overweight” rating on the stock in a report on Thursday, April 10th. Finally, Wells Fargo & Company reduced their price objective on Matador Resources from $86.00 to $80.00 and set an “overweight” rating for the company in a research report on Monday, April 28th. Two investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $70.33.

Matador Resources Trading Up 0.1 %

NYSE MTDR opened at $42.73 on Friday. The firm’s 50 day moving average price is $44.28 and its two-hundred day moving average price is $52.58. The stock has a market cap of $5.35 billion, a price-to-earnings ratio of 5.98 and a beta of 1.47. Matador Resources has a twelve month low of $35.19 and a twelve month high of $66.89. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.84 and a current ratio of 0.93.

Matador Resources (NYSE:MTDR) last released its earnings results on Wednesday, April 23rd. The energy company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.74 by $0.25. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $980.87 million. Matador Resources had a net margin of 25.26% and a return on equity of 18.52%. The firm’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same period last year, the firm posted $1.71 earnings per share.

Matador Resources announced that its Board of Directors has approved a stock buyback plan on Wednesday, April 23rd that permits the company to repurchase $400.00 million in outstanding shares. This repurchase authorization permits the energy company to buy up to 7.8% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Matador Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 9th will be given a dividend of $0.3125 per share. The ex-dividend date is Friday, May 9th. This represents a $1.25 annualized dividend and a dividend yield of 2.93%. Matador Resources’s dividend payout ratio is presently 16.78%.

Insider Activity at Matador Resources

In related news, CEO Joseph Wm Foran bought 6,000 shares of Matador Resources stock in a transaction that occurred on Friday, February 21st. The stock was acquired at an average price of $53.94 per share, for a total transaction of $323,640.00. Following the completion of the purchase, the chief executive officer now owns 39,379 shares in the company, valued at approximately $2,124,103.26. This represents a 17.98 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Robert T. Macalik purchased 1,200 shares of the business’s stock in a transaction on Wednesday, March 5th. The stock was purchased at an average cost of $47.98 per share, with a total value of $57,576.00. Following the acquisition, the chief accounting officer now owns 31,000 shares in the company, valued at approximately $1,487,380. This represents a 4.03 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 36,200 shares of company stock worth $1,701,872 in the last 90 days. 6.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Matador Resources

Hedge funds and other institutional investors have recently made changes to their positions in the business. CenterBook Partners LP bought a new stake in Matador Resources in the first quarter valued at about $330,000. Vanguard Group Inc. raised its holdings in shares of Matador Resources by 7.6% in the 1st quarter. Vanguard Group Inc. now owns 13,511,643 shares of the energy company’s stock worth $690,310,000 after buying an additional 956,090 shares in the last quarter. Blair William & Co. IL bought a new position in shares of Matador Resources during the 1st quarter worth approximately $409,000. PNC Financial Services Group Inc. boosted its stake in Matador Resources by 4.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,842 shares of the energy company’s stock valued at $605,000 after buying an additional 460 shares in the last quarter. Finally, Jupiter Asset Management Ltd. bought a new stake in Matador Resources in the first quarter valued at $317,000. 91.98% of the stock is owned by institutional investors.

About Matador Resources

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas.