Matador Resources (NYSE:MTDR) Raised to Strong-Buy at Zacks Research

Key Points

• Zacks Research upgraded Matador Resources (MTDR) from "hold" to "strong-buy" and issued forward EPS estimates of $1.44 for Q1 2026, $1.78 for Q3 2027, and $1.58 for Q1 2028.
• Analysts' consensus rating is a "Moderate Buy" (1 Strong Buy, 10 Buy, 6 Hold) with a consensus price target of $63.64, while the stock recently opened near $59.74 and has a 12‑month range of $36.55–$66.84.
• Matador beat the latest quarter's EPS estimate ($0.87 vs. $0.71) and reported $848M in revenue despite a 15.7% year‑over‑year revenue decline, and institutional investors now own about 92% of the shares.

Matador Resources (NYSE:MTDR - Get Free Report) was upgraded by Zacks Research from a "hold" rating to a "strong-buy" rating in a research report issued to clients and investors on Wednesday,Zacks.com reports. Zacks Research also issued estimates for Matador Resources' Q1 2026 earnings at $1.44 EPS, Q3 2027 earnings at $1.78 EPS and Q1 2028 earnings at $1.58 EPS.

Several other research analysts have also issued reports on the company. Weiss Ratings restated a "hold (c-)" rating on shares of Matador Resources in a research report on Friday, January 9th. Morgan Stanley reduced their price target on Matador Resources from $56.00 to $52.00 and set an "equal weight" rating on the stock in a research report on Friday, January 23rd. Mizuho raised their price target on Matador Resources from $67.00 to $70.00 and gave the stock an "outperform" rating in a research report on Friday, December 12th. Roth Mkm reaffirmed a "neutral" rating and set a $65.00 price objective (up from $52.00) on shares of Matador Resources in a research note on Wednesday. Finally, TD Cowen raised their price objective on Matador Resources from $60.00 to $65.00 and gave the stock a "buy" rating in a research note on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $63.64.

Matador Resources Stock Down 1.0%

NYSE:MTDR opened at $59.74 on Wednesday. Matador Resources has a 12-month low of $36.55 and a 12-month high of $66.84. The company has a quick ratio of 0.75, a current ratio of 0.79 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $7.42 billion, a P/E ratio of 9.79 and a beta of 0.91. The stock's fifty day simple moving average is $54.52 and its 200-day simple moving average is $46.68.

Matador Resources (NYSE:MTDR - Get Free Report) last posted its quarterly earnings results on Tuesday, February 24th. The energy company reported $0.87 earnings per share (EPS) for the quarter, topping 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 business had revenue of $847.99 million for the quarter, compared to analyst estimates of $811.13 million. During the same period last year, the company earned $1.83 EPS. The firm's revenue was down 15.7% on a year-over-year basis. Equities research analysts expect that Matador Resources will post 8.53 earnings per share for the current year.

Institutional Trading of Matador Resources

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Matador Resources by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 14,780,888 shares of the energy company's stock valued at $664,105,000 after purchasing an additional 101,613 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Matador Resources by 4.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,670,265 shares of the energy company's stock valued at $283,089,000 after purchasing an additional 258,745 shares during the period. State Street Corp raised its stake in shares of Matador Resources by 1.9% in the 4th quarter. State Street Corp now owns 4,617,864 shares of the energy company's stock valued at $195,982,000 after purchasing an additional 86,344 shares during the period. LSV Asset Management raised its stake in shares of Matador Resources by 8.8% in the 4th quarter. LSV Asset Management now owns 3,842,011 shares of the energy company's stock valued at $163,055,000 after purchasing an additional 309,708 shares during the period. Finally, Wellington Management Group LLP raised its stake in shares of Matador Resources by 65.0% in the 4th quarter. Wellington Management Group LLP now owns 3,406,182 shares of the energy company's stock valued at $144,558,000 after purchasing an additional 1,342,145 shares during the period. Institutional investors and hedge funds own 91.98% of the company's stock.

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.

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