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NYSE:MTDR

Matador Resources - MTDR Stock Forecast, Price & News

$60.25
+2.99 (+5.22%)
(As of 08/11/2022 04:35 PM ET)
Add
Compare
Today's Range
$58.66
$60.82
50-Day Range
$43.50
$66.56
52-Week Range
$24.76
$67.78
Volume
1.47 million shs
Average Volume
1.89 million shs
Market Capitalization
$7.12 billion
P/E Ratio
6.92
Dividend Yield
0.35%
Price Target
$58.56

Matador Resources MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
3.1% Downside
$58.56 Price Target
Short Interest
Bearish
8.41% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.74mentions of Matador Resources in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-14.81%
From $10.94 to $9.32 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.59 out of 5 stars

Oils/Energy Sector

220th out of 256 stocks

Crude Petroleum & Natural Gas Industry

72nd out of 78 stocks

MTDR stock logo

About Matador Resources (NYSE:MTDR) Stock

Matador 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; provides natural gas processing and oil transportation services; and offers oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. As of December 31, 2021, its estimated total proved oil and natural gas reserves were 323.4 million barrels of oil equivalent, including 181.3 million stock tank barrels of oil and 852.5 billion cubic feet of natural gas. 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.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MTDR. Raymond James increased their target price on shares of Matador Resources from $70.00 to $74.00 and gave the stock an "outperform" rating in a research note on Monday, April 25th. Truist Financial raised their target price on Matador Resources from $71.00 to $85.00 in a research note on Thursday, April 21st. Finally, StockNews.com downgraded Matador Resources from a "buy" rating to a "hold" rating in a research note on Tuesday, May 24th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $58.56.

Matador Resources Stock Up 5.5 %

Shares of Matador Resources stock traded up $3.16 on Thursday, hitting $60.42. The company had a trading volume of 44,830 shares, compared to its average volume of 1,243,084. Matador Resources has a 1 year low of $24.76 and a 1 year high of $67.78. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.29 and a current ratio of 1.31. The stock has a 50 day moving average of $52.73 and a 200-day moving average of $51.56. The stock has a market capitalization of $7.14 billion, a price-to-earnings ratio of 6.57 and a beta of 3.70.

Matador Resources (NYSE:MTDR - Get Rating) last announced its quarterly earnings results on Tuesday, July 26th. The energy company reported $3.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.16 by $0.31. Matador Resources had a return on equity of 43.58% and a net margin of 40.86%. The business had revenue of $943.93 million during the quarter, compared to the consensus estimate of $829.21 million. During the same quarter in the prior year, the company posted $1.02 earnings per share. As a group, sell-side analysts forecast that Matador Resources will post 10.94 earnings per share for the current year.

Matador Resources Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Wednesday, August 17th will be given a dividend of $0.10 per share. This is a positive change from Matador Resources's previous quarterly dividend of $0.05. 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. Matador Resources's dividend payout ratio (DPR) is presently 2.30%.

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MTDR Stock News Headlines

Warning: Why your IRA could crash on September 21st
China will attack Taiwan as soon as September 21st, 2022. The stock market will crash at least 35% when China makes their move. Here are the 3 steps you can take to protect your retirement. pixel
Matador Resources (NYSE:MTDR) Shares Gap Up to $56.57
Warning: Why your IRA could crash on September 21st
China will attack Taiwan as soon as September 21st, 2022. The stock market will crash at least 35% when China makes their move. Here are the 3 steps you can take to protect your retirement. pixel
Matador Resources Earnings Preview
3 Best Efficient Stocks to Enrich Your Portfolio
See More Headlines
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MTDR Company Calendar

Ex-Dividend for 6/3 Dividend
5/17/2022
Dividend Payable
6/03/2022
Last Earnings
7/26/2022
Today
8/11/2022
Ex-Dividend for 9/1 Dividend
8/16/2022
Dividend Payable
9/01/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
57648520
Employees
286
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$58.56
High Stock Price Forecast
$85.00
Low Stock Price Forecast
$37.00
Forecasted Upside/Downside
-2.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Net Income
$584.97 million
Pretax Margin
54.18%

Debt

Sales & Book Value

Annual Sales
$1.66 billion
Cash Flow
$7.99 per share
Book Value
$23.21 per share

Miscellaneous

Free Float
111,503,000
Market Cap
$7.12 billion
Optionable
Optionable
Beta
3.70














MTDR Stock - Frequently Asked Questions

Should I buy or sell Matador Resources stock right now?

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.
View MTDR analyst ratings
or view top-rated stocks.

What is Matador Resources' stock price forecast for 2022?

9 brokers have issued twelve-month price targets for Matador Resources' shares. Their MTDR share price forecasts range from $37.00 to $85.00. On average, they anticipate the company's share price to reach $58.56 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
View analysts price targets for MTDR
or view top-rated stocks among Wall Street analysts.

How have MTDR shares performed in 2022?

Matador Resources' stock was trading at $36.92 at the beginning of the year. Since then, MTDR stock has increased by 63.5% and is now trading at $60.38.
View the best growth stocks for 2022 here
.

When is Matador Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our MTDR earnings forecast
.

How were Matador Resources' earnings last quarter?

Matador Resources (NYSE:MTDR) released its earnings results on Tuesday, July, 26th. The energy company reported $3.47 EPS for the quarter, topping analysts' consensus estimates of $3.16 by $0.31. The energy company had revenue of $943.93 million for the quarter, compared to analyst estimates of $829.21 million. Matador Resources had a trailing twelve-month return on equity of 43.58% and a net margin of 40.86%. During the same period last year, the company earned $1.02 EPS.

How often does Matador Resources pay dividends? What is the dividend yield for Matador Resources?

Matador Resources announced a quarterly dividend on Tuesday, July 26th. Shareholders of record on Wednesday, August 17th will be given 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 of this dividend is Tuesday, August 16th. This is a boost from the stock's previous quarterly dividend of $0.05.
Read our dividend analysis for MTDR
.

Is Matador Resources a good dividend stock?

Matador Resources (NYSE:MTDR) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.36%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 2.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTDR will have a dividend payout ratio of 2.15% 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 a variety of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (2.78%), Victory Capital Management Inc. (1.35%), TimesSquare Capital Management LLC (1.00%), William Blair Investment Management LLC (0.96%), Hodges Capital Management Inc. (0.71%) and Principal Financial Group Inc. (0.55%). 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.
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 $60.38.

How much money does Matador Resources make?

Matador Resources (NYSE:MTDR) has a market capitalization of $7.13 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.

How many employees does Matador Resources have?

The company employs 286 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 8/11/2022 by MarketBeat.com Staff

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