NYSE:MTDR

Matador Resources (MTDR) Price Target & Analyst Ratings

$59.48

-1.22 (-2.01%)

(As of 09/29/2023 08:53 PM ET)

Compare

Today's Range: $59.07
▼
$60.94
50-Day Range: $52.76
▼
$64.54
52-Week Range: $42.04
▼
$73.78

Volume: 1.10 million shs
Average Volume: 1.39 million shs
Market Capitalization: $7.09 billion

P/E Ratio: 7.77
Dividend Yield: 1.01%
Price Target: $72.63

Matador Resources Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Buy
Based on 9 Analyst Ratings

Consensus Analyst Price Target

$72.63
22.10% Upside

High Prediction	$80.00
Average Prediction	$72.63
Low Prediction	$62.00

Type	Current 10/2/22 to 10/2/23	1 Month Ago 9/2/22 to 9/2/23	3 Months Ago 7/4/22 to 7/4/23	1 Year Ago 10/2/21 to 10/2/22
Consensus Rating	Buy	Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	10 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$72.63	$71.89	$70.56	$62.22
Predicted Upside	22.10% Upside	28.57% Upside	29.70% Upside	27.25% Upside

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MTDR Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MTDR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Matador Resources Stock vs. The Competition

Type	Matador Resources	Oils/Energy Companies	S&P 500
Consensus Rating Score	3.00	2.56	2.49
Consensus Rating	Buy	Moderate Buy	Hold
Predicted Upside	22.10% Upside	391.06% Upside	21.71% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/18/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$78.00 ➝ $80.00	+29.95%
7/27/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$70.00 ➝ $76.00	+38.81%
7/27/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$67.00 ➝ $70.00	+32.68%
7/24/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$61.00 ➝ $62.00	+8.39%
7/21/2023	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$71.00	+27.84%
7/12/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$74.00 ➝ $70.00	+28.21%
4/14/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$73.00 ➝ $74.00	+41.30%
2/17/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Mariani Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
1/25/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$67.00 ➝ $78.00	+22.93%

(Data available from 10/2/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

MTDR Price Target - Frequently Asked Questions

What is Matador Resources's consensus rating and price target?: According to the issued ratings of 9 analysts in the last year, the consensus rating for Matador Resources stock is Buy based on the current 9 buy ratings for MTDR. The average twelve-month price prediction for Matador Resources is $72.63 with a high price target of $80.00 and a low price target of $62.00. Learn more on MTDR's analyst rating history.
Do Wall Street analysts like Matador Resources more than its competitors?: Analysts like Matador Resources more than other Oils/Energy companies. The consensus rating for Matador Resources is Buy while the average consensus rating for oils/energy companies is Moderate Buy. Learn more on how MTDR compares to other companies.
Is Matador Resources being upgraded by Wall Street analysts?: Over the previous 90 days, Matador Resources's stock had 1 upgrade by analysts.

Does Matador Resources's stock price have much upside?: According to analysts, Matador Resources's stock has a predicted upside of 28.64% based on their 12-month price targets.
What analysts cover Matador Resources?: Matador Resources has been rated by Benchmark, KeyCorp, Mizuho, Raymond James, Royal Bank of Canada, and Truist Financial in the past 90 days.

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This page (NYSE:MTDR) was last updated on 10/2/2023 by MarketBeat.com Staff

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