KeyCorp Equities Analysts Boost Earnings Estimates for MTDR

Matador Resources Company (NYSE:MTDR) – Analysts at KeyCorp increased their Q1 2026 earnings per share estimates for Matador Resources in a research note issued to investors on Wednesday, April 1st. KeyCorp analyst T. Rezvan now anticipates that the energy company will post earnings of $1.50 per share for the quarter, up from their previous estimate of $1.14. KeyCorp has a “Overweight” rating and a $73.00 price objective on the stock. The consensus estimate for Matador Resources’ current full-year earnings is $8.53 per share. KeyCorp also issued estimates for Matador Resources’ Q2 2026 earnings at $2.19 EPS, Q3 2026 earnings at $2.08 EPS, Q4 2026 earnings at $2.14 EPS, FY2026 earnings at $7.90 EPS, Q1 2027 earnings at $2.62 EPS, Q2 2027 earnings at $2.50 EPS, Q3 2027 earnings at $2.42 EPS and FY2027 earnings at $10.00 EPS.

Other equities analysts also recently issued research reports about the company. Wells Fargo & Company upped their target price on Matador Resources from $47.00 to $54.00 and gave the company an “equal weight” rating in a report on Monday, March 16th. UBS Group upped their target price on Matador Resources from $50.00 to $52.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. Royal Bank Of Canada decreased their target price on Matador Resources from $62.00 to $60.00 and set an “outperform” rating for the company in a report on Tuesday, January 13th. Mizuho upped their target price on Matador Resources from $67.00 to $70.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Finally, Truist Financial assumed coverage on Matador Resources in a report on Tuesday, March 24th. They set a “hold” rating and a $60.00 target price for the company. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $63.36.

Matador Resources Trading Up 1.6%

Shares of Matador Resources stock traded up $1.02 during midday trading on Tuesday, reaching $64.61. 459,182 shares of the company’s stock traded hands, compared to its average volume of 1,945,775. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.75 and a current ratio of 0.79. The company has a market cap of $8.03 billion, a PE ratio of 10.59 and a beta of 0.91. The stock has a 50 day moving average of $53.48 and a 200-day moving average of $46.36. Matador Resources has a 12 month low of $35.19 and a 12 month high of $66.84.

Matador Resources (NYSE:MTDR) last announced its quarterly earnings data on Tuesday, February 24th. The energy company reported $0.87 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $811.13 million. During the same quarter in the previous year, the company posted $1.83 earnings per share. The business’s revenue was down 15.7% on a year-over-year basis.

Matador Resources Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Friday, February 27th were paid a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Friday, February 27th. Matador Resources’s dividend payout ratio is presently 24.59%.

Institutional Investors Weigh In On Matador Resources

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MTDR. Kestra Investment Management LLC grew its stake in Matador Resources by 225.2% in the second 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 period. Rothschild Investment LLC grew its stake in Matador Resources by 5,927.3% in the third quarter. Rothschild Investment LLC now owns 663 shares of the energy company’s stock worth $30,000 after purchasing an additional 652 shares during the period. Measured Wealth Private Client Group LLC purchased a new stake in Matador Resources in the third quarter worth $35,000. Gilpin Wealth Management LLC purchased a new stake in Matador Resources in the fourth quarter worth $42,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of Matador Resources by 361.3% in the first quarter. Geneos Wealth Management Inc. now owns 881 shares of the energy company’s stock worth $45,000 after acquiring an additional 690 shares during the last quarter. 91.98% of the stock is owned by hedge funds and other institutional investors.

Matador Resources News Roundup

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

• Positive Sentiment: KeyCorp materially raised near‑term and longer‑term EPS estimates for MTDR (multiple quarters in 2026 and 2027) and lifted its FY2027 view to $10.00 EPS (from $8.21) while keeping an “Overweight” rating and a $73 price target — a clear catalyst supporting a higher valuation and buy case. KeyCorp upgrades (MarketBeat)
• Positive Sentiment: BMO Capital Markets raised its price target to $72.00 and maintained an “Outperform” rating, reinforcing analyst momentum behind MTDR and providing additional broker support for the stock. BMO price target raise (Benzinga)
• Neutral Sentiment: Coverage highlighted that recent Middle East tensions have lifted oil prices, improving Matador’s valuation backdrop — this macro tailwind can boost realized prices and cash flow but is subject to geopolitical volatility. Valuation after oil-price move (Yahoo Finance)
• Negative Sentiment: Company fundamentals still show near‑term headwinds: recent quarterly revenue was down ~15.7% year‑over‑year and liquidity ratios (quick ratio ~0.75, current ratio ~0.79) are below 1.0 — investors should weigh upgraded forecasts against still‑volatile volumes/price mix and operational/financial leverage. Financial snapshot (MarketBeat)

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.