Zacks Research Cuts Earnings Estimates for Matador Resources

Matador Resources Company (NYSE:MTDR) – Stock analysts at Zacks Research lowered their Q1 2027 earnings estimates for Matador Resources in a report issued on Tuesday, March 10th. Zacks Research analyst Team now anticipates that the energy company will earn $1.03 per share for the quarter, down from their prior forecast of $1.08. The consensus estimate for Matador Resources’ current full-year earnings is $8.53 per share. Zacks Research also issued estimates for Matador Resources’ Q2 2027 earnings at $0.88 EPS, Q4 2027 earnings at $0.99 EPS and FY2028 earnings at $6.06 EPS.

Several other analysts have also recently issued reports on the company. UBS Group increased their target price on Matador Resources from $50.00 to $52.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. BMO Capital Markets restated an “outperform” rating on shares of Matador Resources in a research note on Thursday, December 18th. Citigroup lifted their price objective on shares of Matador Resources from $53.00 to $62.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Morgan Stanley dropped their target price on shares of Matador Resources from $56.00 to $52.00 and set an “equal weight” rating for the company in a research report on Friday, January 23rd. Finally, Mizuho raised their target price on shares of Matador Resources from $67.00 to $70.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $58.82.

Matador Resources Price Performance

NYSE:MTDR opened at $54.47 on Wednesday. The business’s 50-day simple moving average is $46.72 and its two-hundred day simple moving average is $44.82. Matador Resources has a 52 week low of $35.19 and a 52 week high of $58.32. The stock has a market cap of $6.77 billion, a PE ratio of 8.93 and a beta of 1.07. The company has a quick ratio of 0.75, a current ratio of 0.79 and a debt-to-equity ratio of 0.57.

Matador Resources (NYSE:MTDR) last released its earnings results on Tuesday, February 24th. The energy company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.16. The company had revenue of $847.99 million for the quarter, compared to analysts’ expectations of $811.13 million. Matador Resources had a net margin of 20.54% and a return on equity of 12.36%. Matador Resources’s revenue for the quarter was down 15.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.83 EPS.

Institutional Trading of Matador Resources

Several hedge funds have recently made changes to their positions in the business. Kestra Investment Management LLC lifted its holdings in shares of Matador Resources by 225.2% in the 2nd quarter. Kestra Investment Management LLC now owns 517 shares of the energy company’s stock valued at $25,000 after acquiring an additional 358 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of Matador Resources by 298.5% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 534 shares of the energy company’s stock worth $25,000 after purchasing an additional 400 shares during the period. Allworth Financial LP increased its position in shares of Matador Resources by 182.0% during the 2nd quarter. Allworth Financial LP now owns 564 shares of the energy company’s stock valued at $27,000 after purchasing an additional 364 shares during the last quarter. Rothschild Investment LLC raised its holdings in Matador Resources by 5,927.3% during the 3rd quarter. Rothschild Investment LLC now owns 663 shares of the energy company’s stock valued at $30,000 after buying an additional 652 shares during the period. Finally, Measured Wealth Private Client Group LLC purchased a new position in Matador Resources during the third quarter worth $35,000. 91.98% of the stock is currently owned by hedge funds and other institutional investors.

Matador Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Friday, February 27th were given a dividend of $0.375 per share. The ex-dividend date was Friday, February 27th. This represents a $1.50 annualized dividend and a yield of 2.8%. Matador Resources’s dividend payout ratio (DPR) is 24.59%.

About Matador Resources

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.