Analysts Set Matador Resources Company (NYSE:MTDR) PT at $66.07

Shares of Matador Resources Company (NYSE:MTDR) have been assigned a consensus rating of “Moderate Buy” from the seventeen analysts that are presently covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $66.0714.

A number of research analysts have issued reports on the company. Stephens boosted their target price on Matador Resources from $92.00 to $93.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Mizuho raised Matador Resources to a “strong-buy” rating in a research report on Friday, July 31st. UBS Group lifted their price objective on Matador Resources from $54.00 to $56.00 and gave the company a “neutral” rating in a report on Monday, August 10th. Truist Financial decreased their price objective on Matador Resources from $63.00 to $59.00 and set a “buy” rating for the company in a research report on Monday, August 10th. Finally, Morgan Stanley lowered their target price on Matador Resources from $75.00 to $66.00 and set an “equal weight” rating for the company in a research note on Monday, June 29th.

Matador Resources News Summary

Here are the key news stories impacting Matador Resources this week:

• Positive Sentiment: CEO Joseph Wm. Foran purchased 10,000 shares for approximately $521,600 on August 12 and another 5,000 shares for $257,200 on August 13. These purchases followed additional recent buying, bringing his direct ownership to 30,617 shares. EVP William Thomas Elsener also bought 850 shares. The concentrated insider activity may signal that management views MTDR as undervalued. SEC insider transaction filing
• Positive Sentiment: Wells Fargo raised its price target from $63 to $79, implying significant potential upside, even while maintaining an “equal weight” rating. Siebert Williams Shank also reiterated a “buy” rating, supporting the view that analysts see additional value in the shares. Wells Fargo price target update Siebert Williams Shank rating
• Positive Sentiment: Matador’s second-quarter earnings exceeded expectations, with earnings per share of $2.61 versus the $2.08 consensus and revenue of $1.17 billion versus $1.06 billion expected. Revenue rose 32.5% year over year, reinforcing the company’s operating momentum. Matador Resources earnings information
• Positive Sentiment: Recent analysis highlights Matador’s midstream infrastructure and connectivity in the Delaware Basin, which may improve access to markets, increase acreage value and support the economics of future drilling. Delaware Basin midstream analysis
• Neutral Sentiment: Analysts give MTDR a consensus “Moderate Buy” rating, but recent target changes are mixed. KeyCorp lowered its target from $73 to $68 while retaining an “overweight” rating, suggesting continued confidence tempered by near-term uncertainty. Matador Resources analyst consensus KeyCorp price target update
• Negative Sentiment: Investors continue to monitor 2026 headwinds, including commodity-price conditions, production expectations and spending plans. These factors could limit the near-term benefit of the earnings beat and create volatility for the energy producer. Matador Resources earnings call analysis

Matador Resources Stock Down 0.2%

Shares of NYSE MTDR opened at $53.61 on Friday. The stock has a market cap of $6.63 billion, a P/E ratio of 9.20 and a beta of 0.76. The firm has a 50 day moving average price of $51.13 and a 200 day moving average price of $54.04. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.62 and a current ratio of 0.65. Matador Resources has a 52-week low of $37.14 and a 52-week high of $66.84.

Matador Resources (NYSE:MTDR) last released its quarterly earnings data on Wednesday, August 5th. The energy company reported $2.61 EPS for the quarter, beating analysts’ consensus estimates of $2.08 by $0.53. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%. The firm’s quarterly revenue was up 32.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.53 EPS. Analysts expect that Matador Resources will post 7.11 EPS for the current year.

Matador Resources Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 10th will be given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Monday, August 10th. Matador Resources’s dividend payout ratio (DPR) is currently 25.73%.

Insider Buying and Selling at Matador Resources

In other Matador Resources news, COO Glenn W. Stetson purchased 500 shares of the business’s stock in a transaction on Tuesday, June 9th. The shares were purchased at an average cost of $53.41 per share, with a total value of $26,705.00. Following the transaction, the chief operating officer directly owned 95,470 shares of the company’s stock, valued at $5,099,052.70. This represents a 0.53% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP William Thomas Elsener bought 850 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average price of $50.94 per share, for a total transaction of $43,299.00. Following the acquisition, the executive vice president directly owned 114,879 shares of the company’s stock, valued at $5,851,936.26. This represents a 0.75% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders acquired 31,596 shares of company stock worth $1,654,207. Company insiders own 5.90% of the company’s stock.

Institutional Trading of Matador Resources

Large investors have recently added to or reduced their stakes in the company. Kestra Investment Management LLC increased its stake in shares of Matador Resources by 225.2% during the 2nd quarter. Kestra Investment Management LLC now owns 517 shares of the energy company’s stock worth $25,000 after purchasing an additional 358 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Matador Resources in the 1st quarter valued at about $27,000. Measured Wealth Private Client Group LLC acquired a new stake in Matador Resources in the 3rd quarter valued at about $35,000. Center for Financial Planning Inc. bought a new position in Matador Resources during the first quarter worth about $41,000. Finally, Gilpin Wealth Management LLC bought a new position in Matador Resources during the fourth quarter worth about $42,000. Institutional investors and hedge funds own 91.98% of the company’s stock.

Matador Resources Company Profile

Matador Resources Company is an independent energy firm primarily engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. The company focuses on upstream operations, utilizing horizontal drilling and hydraulic fracturing techniques to unlock hydrocarbons from key reservoirs. Its asset base includes both operated and non‐operated positions, with a particular emphasis on the Permian Basin, one of the most prolific oil-producing regions in North America.

Matador’s core operations are concentrated in the Delaware Basin segment of the Permian Basin, where it holds substantial acreage in both Reeves and Culberson counties in West Texas and Eddy and Lea counties in New Mexico.