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

Matador Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTDR."

Matador Resources Co (NYSE:MTDR) posted its quarterly earnings data on Tuesday, October, 29th. The energy company reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.23 by $0.09. The energy company earned $279.40 million during the quarter, compared to analyst estimates of $227.69 million. Matador Resources had a net margin of 20.35% and a return on equity of 7.51%. The business's quarterly revenue was up 34.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 earnings per share. View Matador Resources' Earnings History.

Matador Resources is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Matador Resources.

12 equities research analysts have issued 1-year price objectives for Matador Resources' stock. Their forecasts range from $22.00 to $33.00. On average, they expect Matador Resources' stock price to reach $25.27 in the next year. This suggests a possible upside of 77.5% from the stock's current price. View Analyst Price Targets for Matador Resources.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Matador Resources.

Headlines about MTDR stock have trended somewhat negative recently, according to InfoTrie. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Matador Resources earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned media headlines about the energy company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Matador Resources.

Matador Resources saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 28,100,000 shares, an increase of 5.9% from the September 30th total of 26,530,000 shares. Based on an average trading volume of 2,740,000 shares, the days-to-cover ratio is currently 10.3 days. Currently, 25.6% of the shares of the company are sold short. View Matador Resources' Current Options Chain.

Some companies that are related to Matador Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Apache (APA), Devon Energy (DVN), Cabot Oil & Gas (COG), Cimarex Energy (XEC), WPX Energy (WPX), Kosmos Energy (KOS) and EQT (EQT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Matador Resources investors own include Laredo Petroleum (LPI), Teekay Tankers (TNK), Energy Transfer LP Unit (ET), Sanchez Energy (SN), Walt Disney (DIS), Ford Motor (F), Advanced Micro Devices (AMD), Statoil (STO), Activision Blizzard (ATVI) and Diamondback Energy (FANG).

Matador Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include Beck Mack & Oliver LLC (3.47%), GW&K Investment Management LLC (2.87%), TimesSquare Capital Management LLC (1.98%), Fisher Asset Management LLC (1.12%), Tributary Capital Management LLC (0.78%) and Massachusetts Financial Services Co. MA (0.61%). Company insiders that own Matador Resources stock include Bradley M Robinson, Craig N Adams, David E Lancaster, David M Posner, George G Krug, Joseph Wm Foran, Julia P Forrester, Kenneth L Stewart, Matthew V Hairford, Reynald Baribault, Robert T Macalik, Rogers Julia P Forrester, Timothy E Parker and Van H Singleton II. View Institutional Ownership Trends for Matador Resources.

MTDR stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Massachusetts Financial Services Co. MA, Retirement Systems of Alabama, AMI Asset Management Corp, Brasada Capital Management LP, Beck Mack & Oliver LLC, Tributary Capital Management LLC and Comerica Bank. View Insider Buying and Selling for Matador Resources.

MTDR stock was acquired by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, State of New Jersey Common Pension Fund D, Fenimore Asset Management Inc., Essex Investment Management Co. LLC, SG Americas Securities LLC, First Trust Advisors LP, CWM LLC and Cerebellum GP LLC. Company insiders that have bought Matador Resources stock in the last two years include Bradley M Robinson, Craig N Adams, David E Lancaster, David M Posner, George G Krug, Joseph Wm Foran, Julia P Forrester, Kenneth L Stewart, Matthew V Hairford, Reynald Baribault, Robert T Macalik, Rogers Julia P Forrester, Timothy E Parker and Van H Singleton II. View Insider Buying and Selling for Matador Resources.

Shares of MTDR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of MTDR stock can currently be purchased for approximately $14.24.

Matador Resources has a market capitalization of $1.66 billion and generates $899.60 million in revenue each year. The energy company earns $274.21 million in net income (profit) each year or $1.62 on an earnings per share basis. Matador Resources employs 264 workers across the globe.View Additional Information About Matador Resources.

The official website for Matador Resources is http://www.matadorresources.com/.

Matador Resources' mailing address is 5400 LBJ Freeway Suite 1500, Dallas TX, 75240. The energy company can be reached via phone at 972-371-5200 or via email at [email protected]