What is Zacks Research's Forecast for MTDR Q3 Earnings?

Key Points

• Zacks Research lowered its Q3 2026 EPS forecast for Matador Resources to $0.99 from $1.44, signaling weaker near-term earnings expectations.
• Zacks maintained a “Hold” rating and forecasts $6.40 EPS for fiscal 2026, below the current full-year consensus estimate of $7.19.
• Matador recently exceeded expectations, reporting $2.61 EPS versus the $2.08 consensus and $1.17 billion in revenue, up 32.5% year over year.

Matador Resources Company (NYSE:MTDR - Free Report) - Equities researchers at Zacks Research lowered their Q3 2026 earnings estimates for Matador Resources in a research note issued to investors on Wednesday, August 19th. Zacks Research analyst Team now anticipates that the energy company will earn $0.99 per share for the quarter, down from their previous forecast of $1.44. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Matador Resources' current full-year earnings is $7.19 per share. Zacks Research also issued estimates for Matador Resources' FY2026 earnings at $6.40 EPS, Q2 2027 earnings at $1.61 EPS, Q3 2027 earnings at $1.77 EPS, Q4 2027 earnings at $1.69 EPS and Q1 2028 earnings at $1.81 EPS.

Matador Resources (NYSE:MTDR - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The energy company reported $2.61 earnings per share for the quarter, topping 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 firm 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. Matador Resources's revenue was up 32.5% on a year-over-year basis.

MTDR has been the topic of several other research reports. KeyCorp cut their price target on Matador Resources from $73.00 to $68.00 and set an "overweight" rating on the stock in a research note on Thursday, August 13th. Stephens lifted their price objective on Matador Resources from $92.00 to $93.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 28th. Mizuho raised Matador Resources to a "strong-buy" rating in a report on Friday, July 31st. Citigroup cut their target price on shares of Matador Resources from $68.00 to $60.00 and set a "buy" rating on the stock in a research report on Tuesday, August 11th. Finally, Truist Financial cut their target price 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. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $66.07.

Matador Resources Stock Up 0.7%

Shares of MTDR opened at $58.42 on Friday. The business's fifty day moving average price is $51.37 and its two-hundred day moving average price is $54.40. The firm has a market capitalization of $7.23 billion, a price-to-earnings ratio of 10.02 and a beta of 0.76. Matador Resources has a 52 week low of $37.14 and a 52 week high of $66.84. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.62 and a current ratio of 0.65.

Matador Resources Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th will be paid a $0.375 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.6%. Matador Resources's dividend payout ratio is 25.73%.

Insider Buying and Selling

In related news, CFO Christopher P. Calvert bought 1,500 shares of the business's stock in a transaction on Friday, May 29th. The shares were purchased at an average price of $53.24 per share, with a total value of $79,860.00. Following the completion of the purchase, the chief financial officer owned 41,500 shares of the company's stock, valued at $2,209,460. This represents a 3.75% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Joseph Wm Foran bought 10,000 shares of Matador Resources stock in a transaction on Wednesday, August 12th. The shares were bought at an average price of $52.16 per share, for a total transaction of $521,600.00. Following the acquisition, the chief executive officer owned 25,617 shares of the company's stock, valued at approximately $1,336,182.72. The trade was a 64.03% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 31,996 shares of company stock valued at $1,675,663 over the last 90 days. Company insiders own 5.90% of the company's stock.

Institutional Trading of Matador Resources

A number of hedge funds have recently modified their holdings of MTDR. Kestra Investment Management LLC grew its holdings in Matador Resources by 225.2% during the second quarter. Kestra Investment Management LLC now owns 517 shares of the energy company's stock valued at $25,000 after purchasing an additional 358 shares during the period. V Square Quantitative Management LLC acquired a new stake in Matador Resources in the first quarter worth $27,000. Measured Wealth Private Client Group LLC acquired a new stake in Matador Resources in the third quarter worth $35,000. Center for Financial Planning Inc. acquired a new stake in Matador Resources in the first quarter worth $41,000. Finally, Gilpin Wealth Management LLC bought a new position in shares of Matador Resources during the fourth quarter worth $42,000. 91.98% of the stock is currently owned by institutional investors and hedge funds.

Matador Resources News Summary

Here are the key news stories impacting Matador Resources this week:

• Positive Sentiment: CEO Joseph Wm. Foran continued buying shares, purchasing 400 shares at an average price of $53.64 for approximately $21,456. This followed several larger purchases earlier in August and increased his direct stake by 1.31%, a potential signal of management confidence. Matador Resources CEO Purchases 400 Shares of Stock
• Positive Sentiment: Zacks Research raised its Q1 2028 EPS estimate to $1.81 from $1.69 and its Q4 2027 estimate to $1.69 from $1.63. These revisions suggest improved expectations for select future quarters.
• Neutral Sentiment: Zacks maintained a “Hold” rating. Its current-year EPS estimate is $7.19, while its FY2026 and FY2027 estimates are $6.40 and $6.87, respectively. The broader analyst consensus remains more favorable at a “Moderate Buy,” with an average price target of $66.07.
• Negative Sentiment: Zacks sharply reduced its Q3 2026 EPS forecast to $0.99 from $1.44 and cut its Q4 2026 estimate to $1.26 from $1.41. It also lowered Q2 2027 EPS to $1.61 from $1.91 and FY2027 EPS to $6.87 from $7.33.
• Negative Sentiment: Zacks trimmed its FY2028 EPS forecast to $7.32 from $7.45 and slightly reduced Q1 2027 expectations to $1.81 from $1.82. The concentration of downward revisions indicates concerns about earnings momentum, likely weighing on the stock despite the insider buying.

About Matador Resources

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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