Zacks Research Cuts Earnings Estimates for Matador Resources

Matador Resources Company (NYSE:MTDR) – Equities researchers at Zacks Research cut their Q1 2027 EPS estimates for Matador Resources in a research report issued on Tuesday, March 10th. Zacks Research analyst Team now anticipates that the energy company will post earnings per share of $1.03 for the quarter, down from their previous 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.

Other research analysts have also recently issued reports about the stock. Wells Fargo & Company cut shares of Matador Resources from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $61.00 to $47.00 in a report on Tuesday, January 27th. TD Cowen raised shares of Matador Resources to a “strong-buy” rating in a research report on Monday, February 9th. KeyCorp restated an “overweight” rating on shares of Matador Resources in a research note on Friday, December 19th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Matador Resources in a research note on Thursday, December 18th. Finally, UBS Group boosted their price target on Matador Resources from $50.00 to $52.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $58.82.

Matador Resources Stock Performance

MTDR stock opened at $54.47 on Wednesday. Matador Resources has a twelve month low of $35.19 and a twelve month high of $58.32. The firm has a market cap of $6.77 billion, a price-to-earnings ratio of 8.93 and a beta of 1.07. The business’s fifty day simple moving average is $46.72 and its two-hundred day simple moving average is $44.82. 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 issued its quarterly earnings results on Tuesday, February 24th. The energy company reported $0.87 earnings per share 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 the consensus estimate of $811.13 million. During the same period in the prior year, the business posted $1.83 earnings per share. The company’s revenue for the quarter was down 15.7% on a year-over-year basis.

Institutional Investors Weigh In On Matador Resources

Several large investors have recently modified their holdings of MTDR. Vanguard Group Inc. lifted its position in shares of Matador Resources by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 14,780,888 shares of the energy company’s stock worth $664,105,000 after purchasing an additional 101,613 shares during the period. Dimensional Fund Advisors LP increased its holdings in Matador Resources by 4.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,670,265 shares of the energy company’s stock valued at $283,089,000 after buying an additional 258,745 shares during the period. State Street Corp raised its stake in Matador Resources by 1.9% in the fourth quarter. State Street Corp now owns 4,617,864 shares of the energy company’s stock worth $195,982,000 after buying an additional 86,344 shares in the last quarter. LSV Asset Management raised its stake in Matador Resources by 8.8% in the fourth quarter. LSV Asset Management now owns 3,842,011 shares of the energy company’s stock worth $163,055,000 after buying an additional 309,708 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in Matador Resources by 65.0% during the fourth quarter. Wellington Management Group LLP now owns 3,406,182 shares of the energy company’s stock worth $144,558,000 after buying an additional 1,342,145 shares during the period. Institutional investors own 91.98% of the company’s stock.

Matador Resources Announces Dividend

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

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.