Matador Resources (NYSE:MTDR) Price Target Raised to $72.00

Matador Resources (NYSE:MTDR) had its target price raised by BMO Capital Markets from $65.00 to $72.00 in a research note issued to investors on Monday,Benzinga reports. They currently have an outperform rating on the energy company’s stock.

Several other research analysts have also issued reports on the stock. Royal Bank Of Canada decreased their price target on shares of Matador Resources from $62.00 to $60.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 13th. Wells Fargo & Company lifted their price target on shares of Matador Resources from $47.00 to $54.00 and gave the stock an “equal weight” rating in a research report on Monday, March 16th. Truist Financial started coverage on shares of Matador Resources in a research report on Tuesday, March 24th. They issued a “hold” rating and a $60.00 price target on the stock. Mizuho lifted their price target on shares of Matador Resources from $67.00 to $70.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Matador Resources in a research report on Friday, January 9th. Eleven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Matador Resources has a consensus rating of “Moderate Buy” and an average target price of $63.47.

Matador Resources Price Performance

Shares of NYSE:MTDR opened at $60.24 on Monday. Matador Resources has a 12 month low of $35.19 and a 12 month high of $66.84. The stock has a market cap of $7.49 billion, a price-to-earnings ratio of 9.88 and a beta of 0.91. The stock’s 50 day moving average price is $54.22 and its 200 day moving average price is $46.59. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.79 and a quick ratio of 0.75.

Matador Resources (NYSE:MTDR) last announced its earnings results on Tuesday, February 24th. The energy company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.71 by $0.16. Matador Resources had a return on equity of 12.36% and a net margin of 20.54%.The firm had revenue of $847.99 million for the quarter, compared to analysts’ expectations of $811.13 million. During the same quarter in the previous year, the company earned $1.83 earnings per share. The firm’s quarterly revenue was down 15.7% compared to the same quarter last year. Equities research analysts anticipate that Matador Resources will post 8.53 earnings per share for the current fiscal year.

Matador Resources Announces Dividend

The company 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. This represents a $1.50 annualized dividend and a yield of 2.5%. The ex-dividend date was Friday, February 27th. Matador Resources’s payout ratio is presently 24.59%.

Hedge Funds Weigh In On Matador Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Investment Management LLC grew its position in 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 in the last quarter. Rothschild Investment LLC grew its position in Matador Resources by 5,927.3% during the 3rd quarter. Rothschild Investment LLC now owns 663 shares of the energy company’s stock worth $30,000 after purchasing an additional 652 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Matador Resources during the 3rd quarter worth approximately $35,000. Gilpin Wealth Management LLC purchased a new position in Matador Resources during the 4th quarter worth approximately $42,000. Finally, Geneos Wealth Management Inc. grew its position in Matador Resources by 361.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 881 shares of the energy company’s stock worth $45,000 after purchasing an additional 690 shares in the last quarter. 91.98% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Matador Resources

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

• Positive Sentiment: KeyCorp raised multiple near‑ and longer‑term EPS forecasts (Q1–Q4 2026, several quarters in 2027) and materially boosted FY2026 and FY2027 estimates (FY2026 to $7.90; FY2027 to $10.00). KeyCorp maintains an “Overweight” rating with a $73 price target — this signals analysts expect stronger cashflow and higher earnings than prior models, supporting upside potential. KeyCorp research (MarketBeat)
• Positive Sentiment: KeyCorp specifically lifted quarterly EPS forecasts significantly (examples: Q1 2027 to $2.62 from $1.95; Q2 2027 to $2.50 from $1.97; several 2026 quarters also raised) — such upward revisions increase the probability analysts will raise fair‑value targets further if results and commodity/realized prices stay favorable. KeyCorp detail (MarketBeat)
• Neutral Sentiment: Roth MKM reaffirmed a “neutral” rating but bumped its price target to $65 from $52 — the higher target narrows upside for some investors but the neutral stance tempers the bullish signal (rating remains non‑committal). Roth MKM note (Benzinga)

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.