Zacks Research Issues Pessimistic Forecast for MTDR Earnings

Matador Resources (NYSE:MTDR - Free Report) - Analysts at Zacks Research lowered their Q3 2025 EPS estimates for shares of Matador Resources in a report released on Tuesday, June 10th. Zacks Research analyst R. Department now expects that the energy company will earn $1.36 per share for the quarter, down from their previous estimate of $1.37. The consensus estimate for Matador Resources' current full-year earnings is $8.53 per share. Zacks Research also issued estimates for Matador Resources' Q1 2027 earnings at $0.91 EPS and FY2027 earnings at $5.30 EPS.

MTDR has been the subject of a number of other research reports. JPMorgan Chase & Co. decreased their target price on shares of Matador Resources from $65.00 to $61.00 and set an "overweight" rating for the company in a research report on Thursday, April 10th. Bank of America began coverage on shares of Matador Resources in a research report on Monday, May 19th. They set a "buy" rating and a $56.00 target price for the company. Mizuho decreased their target price on shares of Matador Resources from $74.00 to $73.00 and set an "outperform" rating for the company in a research report on Tuesday, May 13th. KeyCorp decreased their target price on shares of Matador Resources from $72.00 to $60.00 and set an "overweight" rating for the company in a research report on Monday, April 21st. Finally, Royal Bank of Canada decreased their target price on shares of Matador Resources from $70.00 to $62.00 and set an "outperform" rating for the company in a research report on Friday, April 11th. Two analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $69.44.

Matador Resources Stock Up 4.4%

Shares of MTDR traded up $2.17 during mid-day trading on Thursday, hitting $51.67. The company's stock had a trading volume of 2,699,999 shares, compared to its average volume of 1,621,634. The company's 50-day moving average is $42.93 and its 200-day moving average is $50.67. Matador Resources has a 52-week low of $35.19 and a 52-week high of $66.89. The firm has a market capitalization of $6.47 billion, a price-to-earnings ratio of 7.24 and a beta of 1.46. The company has a current ratio of 0.93, a quick ratio of 0.84 and a debt-to-equity ratio of 0.61.

Matador Resources (NYSE:MTDR - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The energy company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.74 by $0.25. Matador Resources had a net margin of 25.26% and a return on equity of 18.52%. The firm had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $980.87 million. During the same quarter in the prior year, the company earned $1.71 EPS. The company's revenue was up 28.7% compared to the same quarter last year.

Matador Resources Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 9th were given a dividend of $0.3125 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a $1.25 annualized dividend and a yield of 2.42%. Matador Resources's dividend payout ratio is presently 16.78%.

Matador Resources announced that its Board of Directors has authorized a stock repurchase program on Wednesday, April 23rd that authorizes the company to buyback $400.00 million in shares. This buyback authorization authorizes the energy company to buy up to 7.8% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

Insider Activity at Matador Resources

In related news, EVP William Thomas Elsener bought 750 shares of the company's stock in a transaction dated Thursday, May 1st. The shares were acquired at an average price of $40.10 per share, for a total transaction of $30,075.00. Following the completion of the transaction, the executive vice president now directly owns 111,197 shares in the company, valued at $4,458,999.70. This trade represents a 0.68% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Joseph Wm Foran bought 2,500 shares of the company's stock in a transaction dated Wednesday, May 7th. The stock was bought at an average price of $39.63 per share, for a total transaction of $99,075.00. Following the transaction, the chief executive officer now owns 60,756 shares of the company's stock, valued at approximately $2,407,760.28. This trade represents a 4.29% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 14,850 shares of company stock worth $601,103. 5.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Matador Resources

Hedge funds and other institutional investors have recently modified their holdings of the business. TCTC Holdings LLC raised its stake in Matador Resources by 53.8% during the fourth quarter. TCTC Holdings LLC now owns 500 shares of the energy company's stock worth $28,000 after purchasing an additional 175 shares during the period. Concurrent Investment Advisors LLC grew its holdings in shares of Matador Resources by 0.4% in the first quarter. Concurrent Investment Advisors LLC now owns 55,482 shares of the energy company's stock valued at $2,835,000 after purchasing an additional 244 shares in the last quarter. Atria Investments Inc grew its holdings in shares of Matador Resources by 3.1% in the fourth quarter. Atria Investments Inc now owns 8,188 shares of the energy company's stock valued at $461,000 after purchasing an additional 249 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Matador Resources by 108.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 492 shares of the energy company's stock valued at $28,000 after purchasing an additional 256 shares in the last quarter. Finally, Arizona State Retirement System grew its holdings in Matador Resources by 0.8% during the 4th quarter. Arizona State Retirement System now owns 34,413 shares of the energy company's stock worth $1,936,000 after acquiring an additional 280 shares in the last quarter. 91.98% of the stock is owned by hedge funds and other institutional investors.

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.