Q1 EPS Estimate for Matador Resources Lowered by Analyst

Key Points

• Zacks Research lowered Matador Resources’ Q1 2027 EPS estimate to $1.68 from $1.80, while forecasting $6.92 in full-year 2027 EPS and $7.48 in 2028 EPS.
• Matador’s latest quarterly results exceeded expectations, with EPS of $2.61 versus the $2.08 consensus and revenue of $1.17 billion, up 32.5% year over year.
• The stock has a “Moderate Buy” consensus rating and a $66.80 average price target; Matador also pays a $0.375 quarterly dividend, yielding about 3.0%.

Matador Resources Company (NYSE:MTDR - Free Report) - Research analysts at Zacks Research cut their Q1 2027 earnings estimates for shares of Matador Resources in a note issued to investors on Tuesday, September 29th. Zacks Research analyst Team now forecasts that the energy company will post earnings of $1.68 per share for the quarter, down from their prior estimate of $1.80. The consensus estimate for Matador Resources' current full-year earnings is $7.51 per share. Zacks Research also issued estimates for Matador Resources' Q4 2027 earnings at $1.65 EPS, FY2027 earnings at $6.92 EPS and FY2028 earnings at $7.48 EPS.

Matador Resources (NYSE:MTDR - Get Free Report) last issued its 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. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%. The company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.06 billion. During the same quarter in the previous year, the company posted $1.53 EPS. The business's revenue for the quarter was up 32.5% compared to the same quarter last year.

Other analysts also recently issued reports about the stock. Truist Financial cut their price target on shares of Matador Resources from $63.00 to $59.00 and set a "buy" rating on the stock in a research report on Monday, August 10th. KeyCorp increased their target price on shares of Matador Resources from $68.00 to $73.00 and gave the stock an "overweight" rating in a report on Tuesday, September 15th. Wall Street Zen raised shares of Matador Resources from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Roth Capital upgraded shares of Matador Resources from a "neutral" rating to a "buy" rating and set a $65.00 price objective for the company in a research report on Monday, June 22nd. Finally, Stephens raised their price objective on Matador Resources from $92.00 to $93.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Matador Resources presently has a consensus rating of "Moderate Buy" and a consensus target price of $66.80.

Matador Resources Price Performance

Shares of MTDR opened at $50.74 on Wednesday. The stock has a market cap of $6.28 billion, a P/E ratio of 8.70 and a beta of 0.79. Matador Resources has a 1 year low of $37.14 and a 1 year high of $66.84. The stock's 50-day moving average price is $54.64 and its two-hundred day moving average price is $55.76. The company has a current ratio of 0.65, a quick ratio of 0.62 and a debt-to-equity ratio of 0.67.

Matador Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Monday, August 10th were issued a dividend of $0.3750 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Monday, August 10th. Matador Resources's dividend payout ratio (DPR) is presently 25.73%.

Insider Activity at Matador Resources

In other news, CFO Christopher Calvert bought 2,500 shares of the stock in a transaction on Thursday, August 27th. The stock was purchased at an average price of $56.64 per share, for a total transaction of $141,600.00. Following the acquisition, the chief financial officer owned 44,000 shares in the company, valued at approximately $2,492,160. This trade represents a 6.02% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP William Elsener purchased 850 shares of the business's stock in a transaction dated Monday, August 10th. The stock was purchased at an average price of $50.94 per share, for a total transaction of $43,299.00. Following the completion of the acquisition, the executive vice president owned 114,879 shares of the company's stock, valued at approximately $5,851,936.26. This represents a 0.75% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 23,144 shares of company stock valued at $1,211,793. 5.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Matador Resources

Several hedge funds have recently made changes to their positions in MTDR. V Square Quantitative Management LLC bought a new stake in shares of Matador Resources in the first quarter worth $27,000. Center for Financial Planning Inc. bought a new position in Matador Resources in the first quarter valued at $41,000. Harbor Investment Advisory LLC acquired a new stake in Matador Resources in the 2nd quarter valued at $44,000. Altshuler Shaham Ltd increased its stake in Matador Resources by 36.7% in the 1st quarter. Altshuler Shaham Ltd now owns 748 shares of the energy company's stock valued at $47,000 after buying an additional 201 shares during the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in Matador Resources during the 2nd quarter worth about $54,000. 91.98% of the stock is owned by institutional investors.

About Matador Resources

Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas properties. Its operations are focused primarily on unconventional, or shale, formations, with oil, natural gas and natural gas liquids among its principal products.

The company's main exploration and production activities are concentrated in the Delaware Basin, part of the Permian Basin in southeastern New Mexico and West Texas. Matador has also historically held interests in other U.S.

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