KeyCorp Forecasts Matador Resources' Q1 Earnings (NYSE:MTDR)

Key Points

• KeyCorp has lowered its Q1 2026 earnings forecast for Matador Resources from $2.07 to $1.80 per share, while maintaining an "Overweight" rating with a price target of $61.00.
• Matador Resources reported earnings of $1.53 per share for Q2 2025, surpassing the consensus estimate of $1.29 and showing an 8.2% revenue increase compared to the previous year.
• The company has declared a quarterly dividend increase from $0.31 to $0.375 per share, with a scheduled payment date of December 5th, representing an annualized yield of 3.5%.

Matador Resources Company (NYSE:MTDR - Free Report) - Research analysts at KeyCorp reduced their Q1 2026 earnings per share estimates for shares of Matador Resources in a report released on Tuesday, October 14th. KeyCorp analyst T. Rezvan now expects that the energy company will earn $1.80 per share for the quarter, down from their previous forecast of $2.07. KeyCorp currently has a "Overweight" rating and a $61.00 price target on the stock. The consensus estimate for Matador Resources' current full-year earnings is $8.53 per share. KeyCorp also issued estimates for Matador Resources' Q2 2026 earnings at $1.72 EPS, Q2 2027 earnings at $1.90 EPS and FY2027 earnings at $8.04 EPS.

Matador Resources (NYSE:MTDR - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The energy company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.24. The firm had revenue of $895.31 million for the quarter, compared to analyst estimates of $892.86 million. Matador Resources had a return on equity of 16.53% and a net margin of 22.57%.The company's revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.05 earnings per share.

A number of other research firms have also recently commented on MTDR. William Blair initiated coverage on shares of Matador Resources in a report on Monday, August 25th. They issued an "outperform" rating for the company. Mizuho cut their price objective on shares of Matador Resources from $69.00 to $67.00 and set an "outperform" rating on the stock in a research report on Friday, October 10th. Weiss Ratings restated a "hold (c-)" rating on shares of Matador Resources in a research note on Tuesday. TD Cowen raised Matador Resources to a "strong-buy" rating in a research report on Monday, July 7th. Finally, UBS Group dropped their price target on Matador Resources from $49.00 to $48.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $66.36.

Matador Resources Stock Performance

NYSE:MTDR opened at $42.95 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.85 and a debt-to-equity ratio of 0.57. Matador Resources has a twelve month low of $35.19 and a twelve month high of $64.04. The company has a fifty day moving average of $46.87 and a 200-day moving average of $46.24. The firm has a market capitalization of $5.35 billion, a P/E ratio of 6.29 and a beta of 1.41.

Matador Resources Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Monday, November 10th will be paid a dividend of $0.375 per share. This is an increase from Matador Resources's previous quarterly dividend of $0.31. The ex-dividend date is Monday, November 10th. This represents a $1.50 dividend on an annualized basis and a yield of 3.5%. Matador Resources's dividend payout ratio (DPR) is presently 18.30%.

Insiders Place Their Bets

In related news, CEO Joseph Wm Foran acquired 2,000 shares of the stock in a transaction dated Friday, September 12th. The stock was purchased at an average cost of $48.15 per share, with a total value of $96,300.00. Following the completion of the purchase, the chief executive officer directly owned 8,025 shares in the company, valued at $386,403.75. This trade represents a 33.20% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP William Thomas Elsener bought 600 shares of the business's stock in a transaction that occurred on Thursday, September 11th. The shares were bought at an average cost of $48.46 per share, for a total transaction of $29,076.00. Following the transaction, the executive vice president owned 112,069 shares of the company's stock, valued at $5,430,863.74. The trade was a 0.54% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 11,380 shares of company stock valued at $549,188. Corporate insiders own 5.80% of the company's stock.

Institutional Trading of Matador Resources

Several institutional investors and hedge funds have recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Matador Resources by 298.5% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 534 shares of the energy company's stock worth $25,000 after purchasing an additional 400 shares in the last quarter. Kestra Investment Management LLC boosted its stake in shares of Matador Resources by 225.2% in the 2nd quarter. Kestra Investment Management LLC now owns 517 shares of the energy company's stock worth $25,000 after buying an additional 358 shares during the last quarter. MCF Advisors LLC purchased a new position in shares of Matador Resources in the 1st quarter worth approximately $26,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Matador Resources by 93.0% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 554 shares of the energy company's stock valued at $26,000 after acquiring an additional 267 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of Matador Resources by 182.0% during the second quarter. Allworth Financial LP now owns 564 shares of the energy company's stock valued at $27,000 after acquiring an additional 364 shares during the last quarter. Hedge funds and other institutional investors own 91.98% of the company's stock.

Matador Resources Company Profile

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.

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