Matador Resources - MTDR Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MTDR shares.
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9 analysts have issued 12 month price objectives for Matador Resources' stock. Their MTDR share price forecasts range from $37.00 to $85.00. On average, they expect the company's share price to reach $58.56 in the next year. This suggests that the stock has a possible downside of 3.3%.
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Matador Resources' stock was trading at $36.92 at the beginning of 2022. Since then, MTDR stock has increased by 64.1% and is now trading at $60.57.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
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Matador Resources (NYSE:MTDR) announced its quarterly earnings data on Tuesday, July, 26th. The energy company reported $3.47 earnings per share for the quarter, beating analysts' consensus estimates of $3.16 by $0.31. The energy company had revenue of $943.93 million for the quarter, compared to analysts' expectations of $829.21 million. Matador Resources had a net margin of 40.86% and a trailing twelve-month return on equity of 43.58%. During the same period in the prior year, the company earned $1.02 EPS.

Matador Resources declared a quarterly dividend on Tuesday, July 26th. Stockholders of record on Wednesday, August 17th will be paid a dividend of $0.10 per share on Thursday, September 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date is Tuesday, August 16th. This is a boost from the stock's previous quarterly dividend of $0.05.
Read our dividend analysis for MTDR.

Matador Resources (NYSE:MTDR) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.69%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTDR will have a dividend payout ratio of 4.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MTDR.

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), Occidental Petroleum (OXY) and Wells Fargo & Company (WFC).

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

Matador Resources' stock is owned by many different retail and institutional investors. Top institutional investors include State Street Corp (4.33%), Price T Rowe Associates Inc. MD (3.66%), JPMorgan Chase & Co. (2.78%), Goldman Sachs Group Inc. (1.71%), Macquarie Group Ltd. (1.49%) and Northern Trust Corp (1.37%). Insiders that own company stock include Billy E Goodwin, Billy E Goodwin, Bradley M Robinson, Craig N Adams, Craig N Adams, Craig T Burkert, David E Lancaster, David M Posner, Joseph Wm Foran, Kenneth L Stewart, Matthew V Hairford, Monika U Ehrman, Reynald Baribault, Robert Gaines Baty, Robert T Macalik, Robert T Macalik, Rogers Julia P Forrester, Timothy E Parker, Van H Singleton II and William M Byerley.
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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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One share of MTDR stock can currently be purchased for approximately $60.57.

Matador Resources (NYSE:MTDR) has a market capitalization of $7.15 billion and generates $1.66 billion in revenue each year. The energy company earns $584.97 million in net income (profit) each year or $8.71 on an earnings per share basis.

The company employs 286 workers across the globe.

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.