Q4 EPS Estimates for Matador Resources Lifted by KeyCorp

Matador Resources Company (NYSE:MTDR) – KeyCorp lifted their Q4 2027 earnings estimates for Matador Resources in a note issued to investors on Wednesday, April 1st. KeyCorp analyst T. Rezvan now forecasts that the energy company will post earnings per share of $2.47 for the quarter, up from their prior estimate of $2.26. KeyCorp currently has a “Overweight” rating and a $73.00 target price on the stock. The consensus estimate for Matador Resources’ current full-year earnings is $8.53 per share.

Several other equities research analysts also recently weighed in on MTDR. Morgan Stanley decreased their target price on shares of Matador Resources from $56.00 to $52.00 and set an “equal weight” rating for the company in a research note on Friday, January 23rd. Truist Financial initiated coverage on Matador Resources in a research report on Tuesday, March 24th. They issued a “hold” rating and a $60.00 price target on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Matador Resources in a research note on Friday, January 9th. UBS Group lifted their target price on Matador Resources from $50.00 to $52.00 and gave the company a “neutral” rating in a research note on Thursday, March 5th. Finally, Wells Fargo & Company boosted 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. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $62.86.

Matador Resources Trading Down 0.1%

Shares of Matador Resources stock opened at $62.82 on Friday. 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 capitalization of $7.81 billion, a P/E ratio of 10.30 and a beta of 0.91. Matador Resources has a 1 year low of $35.19 and a 1 year high of $66.84. The company’s fifty day moving average is $53.06 and its two-hundred day moving average is $46.27.

Matador Resources (NYSE:MTDR) last released its quarterly earnings results on Tuesday, February 24th. The energy company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.71 by $0.16. The firm had revenue of $847.99 million during the quarter, compared to the consensus estimate of $811.13 million. Matador Resources had a net margin of 20.54% and a return on equity of 12.36%. Matador Resources’s revenue for the quarter was down 15.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.83 EPS.

Hedge Funds Weigh In On Matador Resources

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Beacon Pointe Advisors LLC raised its stake in shares of Matador Resources by 4.3% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 5,281 shares of the energy company’s stock worth $252,000 after buying an additional 216 shares in the last quarter. Fiduciary Trust Co grew its holdings in Matador Resources by 2.2% during the third quarter. Fiduciary Trust Co now owns 11,821 shares of the energy company’s stock worth $531,000 after acquiring an additional 253 shares during the period. O Shaughnessy Asset Management LLC raised its position in Matador Resources by 2.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 9,138 shares of the energy company’s stock worth $388,000 after acquiring an additional 254 shares in the last quarter. Verdence Capital Advisors LLC raised its position in Matador Resources by 3.5% in the fourth quarter. Verdence Capital Advisors LLC now owns 8,233 shares of the energy company’s stock worth $349,000 after acquiring an additional 278 shares in the last quarter. Finally, Sivia Capital Partners LLC lifted its holdings in Matador Resources by 5.4% in the third quarter. Sivia Capital Partners LLC now owns 5,625 shares of the energy company’s stock valued at $253,000 after acquiring an additional 290 shares during the period. Institutional investors and hedge funds own 91.98% of the company’s stock.

Matador Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Friday, February 27th were given a $0.375 dividend. The ex-dividend date was Friday, February 27th. This represents a $1.50 dividend on an annualized basis and a yield of 2.4%. Matador Resources’s dividend payout ratio (DPR) is presently 24.59%.

About Matador Resources

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.