Equities Analysts Set Expectations for MTDR FY2025 Earnings

Matador Resources Company (NYSE:MTDR) – Research analysts at Roth Capital increased their FY2025 EPS estimates for shares of Matador Resources in a research report issued to clients and investors on Wednesday, October 22nd. Roth Capital analyst L. Mariani now forecasts that the energy company will post earnings per share of $5.64 for the year, up from their prior forecast of $5.59. The consensus estimate for Matador Resources’ current full-year earnings is $8.53 per share.

Several other brokerages have also recently commented on MTDR. William Blair began coverage on shares of Matador Resources in a research note on Monday, August 25th. They set an “outperform” rating for the company. TD Cowen upgraded shares of Matador Resources to a “strong-buy” rating in a research note on Monday, July 7th. Royal Bank Of Canada lifted their price objective on shares of Matador Resources from $60.00 to $62.00 and gave the company an “outperform” rating in a research note on Wednesday, October 8th. Bank of America decreased their price objective on shares of Matador Resources from $56.00 to $55.00 and set a “buy” rating for the company in a research note on Thursday, October 16th. Finally, UBS Group decreased their price objective on shares of Matador Resources from $48.00 to $46.00 and set a “neutral” rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Matador Resources has an average rating of “Moderate Buy” and a consensus target price of $63.93.

Matador Resources Stock Performance

Shares of NYSE MTDR opened at $39.27 on Monday. The company has a current ratio of 0.73, a quick ratio of 0.69 and a debt-to-equity ratio of 0.55. Matador Resources has a 12 month low of $35.19 and a 12 month high of $64.04. The company has a 50 day simple moving average of $46.21 and a two-hundred day simple moving average of $46.26. The stock has a market cap of $4.89 billion, a price-to-earnings ratio of 6.27 and a beta of 1.41.

Matador Resources (NYSE:MTDR) last released its earnings results on Tuesday, October 21st. The energy company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.14. Matador Resources had a net margin of 20.46% and a return on equity of 14.80%. The company had revenue of $939.02 million during the quarter, compared to analysts’ expectations of $893.22 million. During the same period last year, the business earned $1.89 EPS. Matador Resources’s revenue for the quarter was up 4.4% on a year-over-year basis.

Institutional Investors Weigh In On Matador Resources

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Forum Financial Management LP purchased a new stake in Matador Resources in the 3rd quarter worth $239,000. SG Americas Securities LLC increased its holdings in Matador Resources by 52.9% in the 3rd quarter. SG Americas Securities LLC now owns 22,691 shares of the energy company’s stock worth $1,020,000 after acquiring an additional 7,847 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its holdings in Matador Resources by 64.3% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 1,100,805 shares of the energy company’s stock worth $49,459,000 after acquiring an additional 431,010 shares in the last quarter. CWA Asset Management Group LLC increased its holdings in Matador Resources by 4.4% in the 3rd quarter. CWA Asset Management Group LLC now owns 19,076 shares of the energy company’s stock worth $857,000 after acquiring an additional 797 shares in the last quarter. Finally, Sivia Capital Partners LLC increased its holdings in Matador Resources by 5.4% in the 3rd quarter. Sivia Capital Partners LLC now owns 5,625 shares of the energy company’s stock worth $253,000 after acquiring an additional 290 shares in the last quarter. Hedge funds and other institutional investors own 91.98% of the company’s stock.

Insider Activity

In other news, COO Christopher P. Calvert bought 1,000 shares of the business’s stock in a transaction dated Friday, September 12th. The stock was purchased at an average cost of $47.77 per share, with a total value of $47,770.00. Following the acquisition, the chief operating officer directly owned 37,500 shares in the company, valued at $1,791,375. This trade represents a 2.74% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP William Thomas Elsener bought 600 shares of the business’s stock in a transaction dated Thursday, September 11th. The shares were purchased at an average cost of $48.46 per share, with a total value of $29,076.00. Following the completion of the acquisition, the executive vice president owned 112,069 shares in the company, valued at approximately $5,430,863.74. This represents a 0.54% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 11,380 shares of company stock valued at $549,188 in the last three months. 5.80% of the stock is currently owned by corporate insiders.

Matador Resources Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Monday, November 10th will be issued a dividend of $0.375 per share. This is a positive change from Matador Resources’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.50 annualized dividend and a dividend yield of 3.8%. Matador Resources’s payout ratio is presently 19.97%.

About Matador Resources

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas.