Zacks Research Issues Negative Outlook for MTDR Earnings

Matador Resources Company (NYSE:MTDR) – Stock analysts at Zacks Research dropped their Q3 2028 earnings per share (EPS) estimates for Matador Resources in a research report issued to clients and investors on Tuesday, September 29th. Zacks Research analyst Team now forecasts that the energy company will earn $1.76 per share for the quarter, down from their prior forecast of $1.83. The consensus estimate for Matador Resources’ current full-year earnings is $7.54 per share.

Matador Resources (NYSE:MTDR) last announced its quarterly earnings results on Wednesday, August 5th. The energy company reported $2.61 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.53. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.06 billion. Matador Resources had a return on equity of 13.18% and a net margin of 19.85%.The firm’s revenue was up 32.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.53 earnings per share.

Several other equities analysts have also recently issued reports on MTDR. Morgan Stanley reduced their price target on shares of Matador Resources from $75.00 to $66.00 and set an “equal weight” rating on the stock in a research report on Monday, June 29th. Seaport Research Partners initiated coverage on shares of Matador Resources in a report on Thursday, September 3rd. They issued a “neutral” rating for the company. Wells Fargo & Company raised Matador Resources from an “equal weight” rating to an “overweight” rating and cut their price objective for the company from $79.00 to $77.00 in a research report on Wednesday, September 2nd. UBS Group upped their target price on Matador Resources from $56.00 to $64.00 and gave the stock a “neutral” rating in a report on Monday, September 14th. Finally, Wall Street Zen raised Matador Resources from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 26th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $66.80.

Matador Resources Stock Up 2.8%

Shares of NYSE MTDR opened at $53.03 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.62 and a debt-to-equity ratio of 0.67. Matador Resources has a 12 month low of $37.14 and a 12 month high of $66.84. The firm has a market capitalization of $6.56 billion, a PE ratio of 9.10 and a beta of 0.98. The firm has a fifty day simple moving average of $54.60 and a two-hundred day simple moving average of $55.70.

Institutional Trading of Matador Resources

Hedge funds have recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in shares of Matador Resources in the 2nd quarter worth approximately $573,936,000. Dimensional Fund Advisors LP increased its position in Matador Resources by 4.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,948,104 shares of the energy company’s stock valued at $439,010,000 after buying an additional 277,839 shares in the last quarter. First Trust Advisors LP raised its stake in Matador Resources by 103.3% during the first quarter. First Trust Advisors LP now owns 1,595,415 shares of the energy company’s stock valued at $100,798,000 after buying an additional 810,808 shares during the last quarter. Geode Capital Management LLC raised its stake in Matador Resources by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 2,236,457 shares of the energy company’s stock valued at $94,942,000 after buying an additional 18,729 shares during the last quarter. Finally, Clearbridge Investments LLC boosted its holdings in Matador Resources by 0.3% in the fourth quarter. Clearbridge Investments LLC now owns 1,777,883 shares of the energy company’s stock worth $75,453,000 after acquiring an additional 5,529 shares in the last quarter. 91.98% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Matador Resources news, EVP William Elsener acquired 850 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average price of $50.94 per share, with a total value of $43,299.00. Following the completion of the purchase, the executive vice president directly owned 114,879 shares of the company’s stock, valued at approximately $5,851,936.26. The trade was a 0.75% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Christopher P. Calvert acquired 2,500 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was acquired at an average price of $56.64 per share, for a total transaction of $141,600.00. Following the acquisition, the chief financial officer owned 44,000 shares of the company’s stock, valued at approximately $2,492,160. This trade represents a 6.02% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 23,144 shares of company stock worth $1,211,793 in the last three months. 5.90% of the stock is owned by corporate insiders.

Matador Resources Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Monday, August 10th were paid a $0.3750 dividend. This represents a $1.50 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Monday, August 10th. Matador Resources’s dividend payout ratio (DPR) is presently 25.73%.

Matador Resources News Roundup

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

• Positive Sentiment: Zacks raised its Q3 2026 EPS estimate to $1.10 from $0.99, Q4 2026 to $1.42 from $1.24, and full-year 2026 EPS to $6.66 from $6.37. It also lifted Q2 2027 EPS to $1.83 from $1.60, FY2027 to $6.92 from $6.90, and FY2028 to $7.48 from $7.35. These upgrades improve the outlook for near- and longer-term profitability. Zacks Research Issues Positive Outlook for MTDR Earnings
• Positive Sentiment: Zacks also increased its Q2 2028 EPS forecast to $1.87 from $1.68, reinforcing expectations for earnings growth beyond 2026.
• Neutral Sentiment: The revisions leave Zacks’ estimates close to the broader consensus, with current full-year EPS consensus cited at approximately $7.51-$7.54. This indicates the upgrades are supportive but not a major departure from market expectations.
• Negative Sentiment: Zacks lowered several later-quarter forecasts: Q1 2027 EPS to $1.68 from $1.80, Q4 2027 to $1.65 from $1.67, Q1 2028 to $1.70 from $1.81, Q3 2027 to $1.76 from $1.82, and Q3 2028 to $1.76 from $1.83. These reductions temper the longer-term outlook.

Matador Resources Company Profile

Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas properties. Its operations are focused primarily on unconventional, or shale, formations, with oil, natural gas and natural gas liquids among its principal products.

The company’s main exploration and production activities are concentrated in the Delaware Basin, part of the Permian Basin in southeastern New Mexico and West Texas. Matador has also historically held interests in other U.S.