Zacks Research Issues Positive Outlook for MTDR Earnings

Key Points

• Zacks Research upgraded Matador Resources to a Strong-Buy and materially raised Q2 2026 EPS to $2.34 (from $1.71), while lifting several near‑term earnings forecasts that bolster the company's earnings outlook.
• Matador recently beat quarterly expectations (reported $0.87 EPS vs. $0.71 est.) despite revenue declining 15.7% year‑over‑year, and it pays a quarterly dividend of $0.375 (annualized $1.50, ~2.5% yield).
• Analyst sentiment is mixed but generally positive — one Strong Buy, ten Buys and six Holds with a consensus price target of $63.64 — and the stock trades around $59.87 with a PE of ~9.8 and a $7.44 billion market cap.

Matador Resources Company (NYSE:MTDR - Free Report) - Zacks Research upped their Q2 2026 EPS estimates for shares of Matador Resources in a research note issued on Thursday, April 9th. Zacks Research analyst Team now expects that the energy company will earn $2.34 per share for the quarter, up from their prior estimate of $1.71. Zacks Research has a "Strong-Buy" rating on the stock. The consensus estimate for Matador Resources' current full-year earnings is $8.53 per share. Zacks Research also issued estimates for Matador Resources' Q3 2026 earnings at $2.20 EPS, Q4 2026 earnings at $2.24 EPS, FY2026 earnings at $8.21 EPS, Q1 2027 earnings at $2.18 EPS, Q2 2027 earnings at $2.28 EPS, Q4 2027 earnings at $1.43 EPS, FY2027 earnings at $7.67 EPS and FY2028 earnings at $6.35 EPS.

MTDR has been the subject of a number of other reports. Truist Financial initiated coverage on shares of Matador Resources in a research note on Tuesday, March 24th. They set a "hold" rating and a $60.00 price objective for the company. UBS Group upped their price objective on shares of Matador Resources from $50.00 to $52.00 and gave the company a "neutral" rating in a research note on Thursday, March 5th. Morgan Stanley reduced their price objective on shares of Matador Resources from $56.00 to $52.00 and set an "equal weight" rating for the company in a research note on Friday, January 23rd. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Matador Resources in a research note on Friday, January 9th. Finally, 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, April 8th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $63.64.

Matador Resources Price Performance

MTDR stock opened at $59.87 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.75 and a debt-to-equity ratio of 0.57. Matador Resources has a one year low of $36.55 and a one year high of $66.84. The firm has a market capitalization of $7.44 billion, a PE ratio of 9.82 and a beta of 0.91. The firm has a 50-day moving average of $54.82 and a two-hundred day moving average of $46.77.

Matador Resources (NYSE:MTDR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The energy company reported $0.87 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.16. Matador Resources had a net margin of 20.54% and a return on equity of 12.36%. The company had revenue of $847.99 million during the quarter, compared to the consensus estimate of $811.13 million. During the same period in the prior year, the company earned $1.83 EPS. Matador Resources's revenue was down 15.7% on a year-over-year basis.

Matador Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Friday, February 27th were issued a $0.375 dividend. The ex-dividend date was Friday, February 27th. This represents a $1.50 dividend on an annualized basis and a yield of 2.5%. Matador Resources's dividend payout ratio is currently 24.59%.

Hedge Funds Weigh In On Matador Resources

A number of hedge funds have recently added to or reduced their stakes in MTDR. Jones Financial Companies Lllp increased its holdings in Matador Resources by 1,104.8% in the first quarter. Jones Financial Companies Lllp now owns 2,012 shares of the energy company's stock worth $103,000 after buying an additional 1,845 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in Matador Resources by 361.3% in the first quarter. Geneos Wealth Management Inc. now owns 881 shares of the energy company's stock worth $45,000 after buying an additional 690 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Matador Resources in the second quarter worth approximately $255,000. Arrowstreet Capital Limited Partnership acquired a new position in Matador Resources in the second quarter worth approximately $5,126,000. Finally, EverSource Wealth Advisors LLC increased its holdings in Matador Resources by 767.3% in the second quarter. EverSource Wealth Advisors LLC now owns 3,261 shares of the energy company's stock worth $156,000 after buying an additional 2,885 shares during the last quarter. Institutional investors and hedge funds own 91.98% of the company's stock.

Key Stories Impacting Matador Resources

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

• Positive Sentiment: Zacks Research upgraded MTDR to a Rank #1 (Strong Buy), which is increasing buying interest and momentum flows into the stock. Matador Upgraded to Strong Buy
• Positive Sentiment: Zacks also raised its near-term EPS forecasts for Matador (Q1 2026, Q3 2027, Q1 2028 / examples cited), lifting the consensus trajectory for earnings and supporting valuation multiples. Zacks estimates note
• Positive Sentiment: Higher crude prices (oil holding above $90 amid Middle East tensions) improve Matador’s upstream revenues and cash flow outlook, a macro tailwind for MTDR and peer producers. Crude prices analysis
• Positive Sentiment: KeyCorp raised Q1 EPS estimates for Matador, confirming upward analyst revisions from other brokerages and reinforcing the earnings narrative. KeyCorp EPS estimates
• Neutral Sentiment: Roth Mkm reiterated a "Neutral" rating on MTDR, which is unlikely to change the current momentum but adds a moderate voice of caution. Roth Mkm reiterates Neutral
• Negative Sentiment: Roth Capital issued a downgrade on Matador, creating some downward pressure and offering an alternative view that could limit near-term upside if other brokers echo the stance. Roth Capital downgrade

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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