Q2 EPS Estimates for MTDR Raised by Capital One Financial

Matador Resources (NYSE:MTDR - Free Report) - Analysts at Capital One Financial upped their Q2 2025 earnings per share (EPS) estimates for Matador Resources in a research report issued on Thursday, April 24th. Capital One Financial analyst P. Johnston now forecasts that the energy company will earn $2.02 per share for the quarter, up from their previous estimate of $1.97. The consensus estimate for Matador Resources' current full-year earnings is $8.53 per share. Capital One Financial also issued estimates for Matador Resources' FY2029 earnings at $9.17 EPS.

MTDR has been the subject of several other research reports. Stephens lowered their price target on shares of Matador Resources from $90.00 to $86.00 and set an "overweight" rating for the company in a research report on Tuesday, April 15th. Wolfe Research upgraded shares of Matador Resources from a "peer perform" rating to an "outperform" rating and set a $72.00 price target on the stock in a report on Friday, January 3rd. Truist Financial boosted their target price on shares of Matador Resources from $75.00 to $80.00 and gave the stock a "buy" rating in a research report on Monday, January 13th. Raymond James reduced their price objective on Matador Resources from $77.00 to $67.00 and set an "outperform" rating on the stock in a research note on Monday, March 10th. Finally, KeyCorp reduced their price objective on Matador Resources from $72.00 to $60.00 and set an "overweight" rating on the stock in a research note on Monday, April 21st. Two equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $70.33.

Matador Resources Stock Up 2.5 %

MTDR traded up $0.98 during trading on Monday, hitting $40.52. The company had a trading volume of 871,642 shares, compared to its average volume of 1,726,293. The company has a market cap of $5.07 billion, a PE ratio of 5.67 and a beta of 2.74. Matador Resources has a 1-year low of $35.19 and a 1-year high of $66.89. The business has a 50-day moving average of $45.68 and a 200-day moving average of $53.09. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.93 and a quick ratio of 0.84.

Matador Resources (NYSE:MTDR - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The energy company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.25. The business had revenue of $1.01 billion during 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 business's quarterly revenue was up 28.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.71 earnings per share.

Matador Resources Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 9th will be paid a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date is Friday, May 9th. Matador Resources's payout ratio is 16.78%.

Matador Resources declared that its Board of Directors has authorized a share buyback program on Wednesday, April 23rd that allows the company to buyback $400.00 million in outstanding shares. This buyback authorization allows the energy company to buy up to 7.8% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

Insider Activity at Matador Resources

In other Matador Resources news, EVP Glenn W. Stetson purchased 1,000 shares of the company's stock in a transaction on Monday, April 28th. The stock was acquired at an average cost of $41.53 per share, for a total transaction of $41,530.00. Following the purchase, the executive vice president now directly owns 93,180 shares of the company's stock, valued at $3,869,765.40. This trade represents a 1.08 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Christopher P. Calvert purchased 1,300 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The shares were bought at an average price of $55.17 per share, for a total transaction of $71,721.00. Following the acquisition, the chief operating officer now directly owns 34,000 shares in the company, valued at $1,875,780. This trade represents a 3.98 % increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 27,350 shares of company stock worth $1,346,599. 6.10% of the stock is owned by corporate insiders.

Institutional Trading of Matador Resources

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Matador Resources by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 12,555,553 shares of the energy company's stock valued at $706,375,000 after buying an additional 187,633 shares during the period. Dimensional Fund Advisors LP lifted its stake in Matador Resources by 0.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,444,723 shares of the energy company's stock worth $306,313,000 after purchasing an additional 30,184 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of Matador Resources by 25.9% in the fourth quarter. Alliancebernstein L.P. now owns 2,698,606 shares of the energy company's stock valued at $151,824,000 after acquiring an additional 555,245 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Matador Resources by 18.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,669,957 shares of the energy company's stock worth $93,952,000 after purchasing an additional 258,958 shares in the last quarter. Finally, LSV Asset Management lifted its stake in Matador Resources by 262.0% in the fourth quarter. LSV Asset Management now owns 1,517,308 shares of the energy company's stock valued at $85,364,000 after buying an additional 1,098,108 shares during the last quarter. Hedge funds and other institutional investors own 91.98% of the company's stock.

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.