Matador Resources Stock Price, News & Analysis (NYSE:MTDR)

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MTDR shares.
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10 brokerages have issued 12-month price targets for Matador Resources' stock. Their MTDR share price targets range from $62.00 to $83.00. On average, they expect the company's stock price to reach $73.67 in the next twelve months. This suggests a possible upside of 37.7% from the stock's current price.
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Matador Resources' stock was trading at $57.24 at the beginning of the year. Since then, MTDR stock has decreased by 6.6% and is now trading at $53.49.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
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Matador Resources (NYSE:MTDR) announced its quarterly earnings results on Tuesday, October, 24th. The energy company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.27. The energy company had revenue of $772.29 million for the quarter, compared to analysts' expectations of $697.33 million. Matador Resources had a trailing twelve-month return on equity of 23.09% and a net margin of 31.56%.

Matador Resources declared a quarterly dividend on Thursday, October 19th. Shareholders of record on Friday, November 10th will be given a dividend of $0.20 per share on Friday, December 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Thursday, November 9th. This is a boost from the stock's previous quarterly dividend of $0.15.
Read our dividend analysis for MTDR.

Matador Resources (NYSE:MTDR) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.38%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 11.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTDR will have a dividend payout ratio of 8.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MTDR.

ETFs with the largest weight of Matador Resources (NYSE:MTDR) stock in their portfolio include The Acquirers Fund (ZIG), First Trust Natural Gas ETF (FCG), Invesco Energy Exploration & Production ETF (PXE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Nuveen Small Cap Select ETF (NSCS) and Invesco S&P MidCap Value with Momentum ETF (XMVM).

14 employees have rated Matador Resources Chief Executive Officer Joseph W. Foran on Glassdoor.com. Joseph W. Foran has an approval rating of 38% among the company's employees. This puts Joseph W. Foran in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Matador Resources investors own include Laredo Petroleum (LPI), Energy Transfer (ET), Callon Petroleum (CPE), Advanced Micro Devices (AMD), Pfizer (PFE), Boeing (BA), AT&T (T), Oasis Petroleum (OAS), Occidental Petroleum (OXY) and Wells Fargo & Company (WFC).

Matador Resources' stock is owned by many different retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (2.71%), Invesco Ltd. (2.47%), JPMorgan Chase & Co. (1.99%), Clearbridge Investments LLC (1.52%), Northern Trust Corp (1.32%) and Charles Schwab Investment Management Inc. (1.20%). Insiders that own company stock include Billy E Goodwin, Craig N Adams, Craig N Adams, Joseph Wm Foran, Monika U Ehrman, Reynald Baribault, Robert Gaines Baty, Robert T Macalik, Timothy E Parker, William M Byerley and William Thomas Elsener.
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Shares of MTDR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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