NYSE:MTDR Matador Resources (MTDR) Stock Forecast, Price & News $57.26 -0.18 (-0.31%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$56.86▼$58.4450-Day Range$52.64▼$64.5452-Week Range$42.04▼$73.78Volume1.01 million shsAverage Volume1.39 million shsMarket Capitalization$6.82 billionP/E Ratio7.48Dividend Yield1.05%Price Target$72.63 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Matador Resources MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside26.8% Upside$72.63 Price TargetShort InterestBearish9.50% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.92Based on 9 Articles This WeekInsider TradingAcquiring Shares$9,987 Bought Last QuarterProj. Earnings Growth34.65%From $6.35 to $8.55 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.32 out of 5 starsOils/Energy Sector11th out of 229 stocksCrude Petroleum & Natural Gas Industry10th out of 74 stocks 4.5 Analyst's Opinion Consensus RatingMatador Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 9 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $72.63, Matador Resources has a forecasted upside of 26.8% from its current price of $57.26.Amount of Analyst CoverageMatador Resources has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.50% of the float of Matador Resources has been sold short.Short Interest Ratio / Days to CoverMatador Resources has a short interest ratio ("days to cover") of 6.8.Change versus previous monthShort interest in Matador Resources has recently increased by 13.52%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldMatador Resources pays a meaningful dividend of 1.03%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMatador Resources has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Matador Resources is 7.83%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Matador Resources will have a dividend payout ratio of 7.02% next year. This indicates that Matador Resources will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MTDR. Previous Next 3.3 News and Social Media Coverage News SentimentMatador Resources has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Matador Resources this week, compared to 5 articles on an average week.Search InterestOnly 11 people have searched for MTDR on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.MarketBeat Follows8 people have added Matador Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 60% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Matador Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $9,987.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.00% of the stock of Matador Resources is held by insiders.Percentage Held by Institutions87.23% of the stock of Matador Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Matador Resources are expected to grow by 34.65% in the coming year, from $6.35 to $8.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Matador Resources is 7.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Matador Resources is 7.48, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.88.Price to Book Value per Share RatioMatador Resources has a P/B Ratio of 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Matador Resources (NYSE:MTDR) StockMatador 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. It also operates the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. In addition, the company conducts midstream operations in support of its exploration, development, and production operations. Further, it provides natural gas processing and oil transportation services; and oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. The company was formerly known as Matador Holdco, Inc. and changed its name to Matador Resources Company in August 2011. Matador Resources Company was founded in 2003 and is headquartered in Dallas, Texas.Read More MTDR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MTDR Stock News HeadlinesSeptember 19, 2023 | americanbankingnews.comMizuho Boosts Matador Resources (NYSE:MTDR) Price Target to $80.00September 19, 2023 | americanbankingnews.comMatador Resources (NYSE:MTDR) Shares Gap Up on Analyst UpgradeSeptember 22, 2023 | The Oxford Club (Ad)Unusual Passive Income Investment (Found on a Golf Course)One man turned $1,000 into a decades long passive income stream... eventually reaching $100,000 per year! All from a single golf course tip. CLICK HERE TO FIND OUT HOW HE DID IT September 18, 2023 | msn.comMizuho Maintains Matador Resources (MTDR) Buy RecommendationSeptember 18, 2023 | markets.businessinsider.comWhat 7 Analyst Ratings Have To Say About Matador ResourcesSeptember 13, 2023 | finance.yahoo.comInsider Buying: Director William Byerley Acquires 158 Shares of Matador Resources Co (MTDR)September 13, 2023 | americanbankingnews.comMatador Resources Target of Unusually High Options Trading (NYSE:MTDR)September 5, 2023 | finance.yahoo.comIs Matador Resources Company's (NYSE:MTDR) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?September 22, 2023 | The Oxford Club (Ad)Unusual Passive Income Investment (Found on a Golf Course)One man turned $1,000 into a decades long passive income stream... eventually reaching $100,000 per year! All from a single golf course tip. CLICK HERE TO FIND OUT HOW HE DID IT August 29, 2023 | seekingalpha.comMatador Resources: Still In A Buy ZoneAugust 28, 2023 | finance.yahoo.comPermian Oil Rig Count Falls After 2 Straight Weeks of IncreaseAugust 24, 2023 | finance.yahoo.comMatador (MTDR) Up 15.2% Since Last Earnings Report: Can It Continue?August 17, 2023 | finance.yahoo.comMatador Resources Stock Clears Key Benchmark, Hitting 80-Plus RS RatingAugust 16, 2023 | msn.comMizuho Upgrades Matador Resources (MTDR)August 15, 2023 | finance.yahoo.comPermian Oil Drilling Rig Count Rises in 2 of the Past 5 WeeksAugust 11, 2023 | finance.yahoo.comMatador (MTDR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates (Revised)August 5, 2023 | finance.yahoo.comHere's What We Like About Matador Resources' (NYSE:MTDR) Upcoming DividendJuly 28, 2023 | msn.comKeybanc Maintains Matador Resources (MTDR) Overweight RecommendationJuly 27, 2023 | finance.yahoo.comQ2 2023 Matador Resources Co Earnings CallJuly 27, 2023 | finance.yahoo.comMatador (MTDR) Q2 Earnings Beat Estimates on Upstream StrengthJuly 27, 2023 | seekingalpha.comMatador Resources moves higher after Q2 beat; raises full-year production viewJuly 27, 2023 | markets.businessinsider.comSiebert Williams Shank & Co Reaffirms Their Buy Rating on Matador Resources (MTDR)July 27, 2023 | finance.yahoo.comMatador Resources Company Reports Second Quarter 2023 Results, Increases Production Guidance and Decreases Capital Expenditure GuidanceJuly 27, 2023 | finance.yahoo.comMatador Resources (MTDR) Beats Q2 Earnings EstimatesJuly 27, 2023 | finance.yahoo.comMatador (MTDR) Q2 Earnings: Taking a Look at Key Metrics Versus EstimatesJuly 23, 2023 | finance.yahoo.comMatador Resources (NYSE:MTDR) Is Increasing Its Dividend To $0.15July 22, 2023 | msn.comBenchmark Reiterates Matador Resources (MTDR) Buy RecommendationSee More Headlines Receive MTDR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Matador Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address MTDR Company Calendar Last Earnings7/25/2023Ex-Dividend for 9/1 Dividend8/10/2023Dividend Payable9/01/2023Today9/22/2023Next Earnings (Estimated)10/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:MTDR CUSIP57648520 CIK1520006 Webwww.matadorresources.com Phone(972) 371-5200Fax972-371-5201Employees360Year FoundedN/APrice Target and Rating Average Stock Price Forecast$72.63 High Stock Price Forecast$80.00 Low Stock Price Forecast$62.00 Forecasted Upside/Downside+26.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$7.66 Trailing P/E Ratio7.48 Forward P/E Ratio9.02 P/E GrowthN/ANet Income$1.21 billion Net Margins33.46% Pretax Margin46.99% Return on Equity27.40% Return on Assets15.51% Debt Debt-to-Equity Ratio0.61 Current Ratio0.92 Quick Ratio0.88 Sales & Book Value Annual Sales$3.06 billion Price / Sales2.23 Cash Flow$14.46 per share Price / Cash Flow3.96 Book Value$28.07 per share Price / Book2.04Miscellaneous Outstanding Shares119,150,000Free Float111,999,000Market Cap$6.82 billion OptionableOptionable Beta3.53 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Joseph Wm. Foran (Age 71)Founder, Chairman & CEO Comp: $4.48MMr. Craig N. Adams J.D. (Age 56)Exec. VP, Co-COO, Chief of Staff & Corp. Sec. Comp: $2.28MMr. Billy E. Goodwin (Age 65)Pres of Operations Comp: $2.28MMr. Van H. Singleton II (Age 45)Pres of Land, Acquisitions, Divestitures & Planning Comp: $2.28MMr. Michael D. Frenzel (Age 41)Exec. VP & Treasurer Comp: $934.89kMr. Brian J. Willey (Age 46)CFO, Pres of Midstream Operations & Exec. VP Mr. Christopher P. Calvert (Age 44)Exec. VP & Co-Chief Operating Officer Mr. Robert T. Macalik (Age 44)Exec. VP & Chief Accounting Officer Mr. Mac SchmitzVP of Investor RelationsMr. Bryan A. Erman (Age 45)Exec. VP, Gen. Counsel & Head of M&A More ExecutivesKey CompetitorsSouthwestern EnergyNYSE:SWNPDC EnergyNASDAQ:PDCESM EnergyNYSE:SMKosmos EnergyNYSE:KOSComstock ResourcesNYSE:CRKView All CompetitorsInsiders & InstitutionsBarclays PLCBought 69,655 shares on 9/21/2023Ownership: 0.159%William M ByerleyBought 158 shares on 9/12/2023Total: $9,987.18 ($63.21/share)Wolverine Trading LLCSold 17,000 shares on 8/23/2023Ownership: 0.000%Comerica BankBought 316,463 shares on 8/22/2023Ownership: 0.266%Virginia Retirement Systems ET ALBought 28,800 shares on 8/22/2023Ownership: 0.024%View All Insider TransactionsView All Institutional Transactions MTDR Stock - Frequently Asked Questions Should I buy or sell Matador Resources stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last twelve months. There are currently 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MTDR shares. View MTDR analyst ratings or view top-rated stocks. What is Matador Resources' stock price forecast for 2023? 9 Wall Street research analysts have issued 12-month price targets for Matador Resources' shares. Their MTDR share price forecasts range from $62.00 to $80.00. On average, they predict the company's share price to reach $72.63 in the next twelve months. This suggests a possible upside of 26.8% from the stock's current price. View analysts price targets for MTDR or view top-rated stocks among Wall Street analysts. How have MTDR shares performed in 2023? Matador Resources' stock was trading at $57.24 at the beginning of the year. Since then, MTDR shares have increased by 0.0% and is now trading at $57.26. View the best growth stocks for 2023 here. When is Matador Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023. View our MTDR earnings forecast. How were Matador Resources' earnings last quarter? Matador Resources (NYSE:MTDR) announced its quarterly earnings data on Tuesday, July, 25th. The energy company reported $1.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.54 by $0.12. The energy company had revenue of $638.20 million for the quarter, compared to analysts' expectations of $636.91 million. Matador Resources had a net margin of 33.46% and a trailing twelve-month return on equity of 27.40%. The company's revenue was down 32.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.47 EPS. How often does Matador Resources pay dividends? What is the dividend yield for Matador Resources? Matador Resources announced a quarterly dividend on Wednesday, July 19th. Stockholders of record on Friday, August 11th will be given a dividend of $0.15 per share on Friday, September 1st. This represents a $0.60 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date is Thursday, August 10th. Read our dividend analysis for MTDR. What ETFs hold Matador Resources' stock? 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). Is Matador Resources a good dividend stock? Matador Resources (NYSE:MTDR) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.03%. 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 7.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTDR will have a dividend payout ratio of 7.02% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MTDR. What is Joseph W. Foran's approval rating as Matador Resources' CEO? 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. What other stocks do shareholders of Matador Resources own? 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). What is Matador Resources' stock symbol? Matador Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTDR." Who are Matador Resources' major shareholders? Matador Resources' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.57%), State Street Corp (4.31%), Dimensional Fund Advisors LP (3.41%), Silvercrest Asset Management Group LLC (2.65%), Victory Capital Management Inc. (2.40%) and JPMorgan Chase & Co. (2.02%). Insiders that own company stock include Billy E Goodwin, Billy E Goodwin, Craig N Adams, Craig N Adams, Craig T Burkert, Joseph Wm Foran, Monika U Ehrman, Reynald Baribault, Robert Gaines Baty, Robert T Macalik, Timothy E Parker, William M Byerley and William Thomas Elsener. View institutional ownership trends. How do I buy shares of Matador Resources? 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. Compare Top Brokerages Here. What is Matador Resources' stock price today? One share of MTDR stock can currently be purchased for approximately $57.26. How much money does Matador Resources make? Matador Resources (NYSE:MTDR) has a market capitalization of $6.82 billion and generates $3.06 billion in revenue each year. The energy company earns $1.21 billion in net income (profit) each year or $7.66 on an earnings per share basis. How many employees does Matador Resources have? The company employs 360 workers across the globe. How can I contact Matador Resources? Matador Resources' mailing address is 5400 LBJ Freeway Suite 1500, Dallas TX, 75240. The official website for the company is www.matadorresources.com. The energy company can be reached via phone at (972) 371-5200, via email at investors@matadorresources.com, or via fax at 972-371-5201. This page (NYSE:MTDR) was last updated on 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Matador Resources Please log in to your account or sign up in order to add this asset to your watchlist. 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