Matador Resources - MTDR Stock Forecast, Price & News

9 Wall Street equities 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 equities research analysts is that investors should "buy" MTDR shares.
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9 Wall Street analysts have issued 12-month price objectives for Matador Resources' stock. Their MTDR share price forecasts range from $57.00 to $85.00. On average, they predict the company's share price to reach $70.00 in the next year. This suggests a possible upside of 7.6% from the stock's current price.
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Matador Resources' stock was trading at $57.24 at the start of the year. Since then, MTDR shares have increased by 13.7% and is now trading at $65.07.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
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Matador Resources (NYSE:MTDR) announced its quarterly earnings data on Monday, October, 25th. The energy company reported $1.25 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.23. The energy company had revenue of $461.47 million for the quarter, compared to analyst estimates of $378.33 million. Matador Resources had a net margin of 40.29% and a trailing twelve-month return on equity of 45.40%. The business's revenue was up 144.0% on a year-over-year basis. During the same period last year, the company earned $0.10 earnings per share.

Matador Resources declared a quarterly dividend on Monday, October 24th. Shareholders of record on Thursday, November 10th will be paid a dividend of $0.10 per share on Thursday, December 1st. This represents a $0.40 annualized dividend and a yield of 0.61%. The ex-dividend date of this dividend is Wednesday, November 9th.
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 0.59%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTDR will have a dividend payout ratio of 4.32% 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), Oasis Petroleum (OAS), 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 a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.18%), Ziegler Capital Management LLC (0.15%), New York State Teachers Retirement System (0.11%), Oak Ridge Investments LLC (0.09%), Calamos Advisors LLC (0.05%) and Yousif Capital Management LLC (0.05%). 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 and Van H Singleton II.
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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 $65.07.

Matador Resources (NYSE:MTDR) has a market capitalization of $7.69 billion and generates $1.66 billion in revenue each year. The energy company earns $584.97 million in net income (profit) each year or $9.82 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.