Matador Resources (NYSE:MTDR) Upgraded at Zacks Research

Zacks Research upgraded shares of Matador Resources (NYSE:MTDR) from a hold rating to a strong-buy rating in a report issued on Wednesday,Zacks.com reports. Zacks Research also issued estimates for Matador Resources’ Q1 2026 earnings at $1.44 EPS, Q3 2027 earnings at $1.78 EPS and Q1 2028 earnings at $1.58 EPS.

MTDR has been the topic of several other research reports. BMO Capital Markets lifted their target price on shares of Matador Resources from $65.00 to $72.00 and gave the company an “outperform” rating in a report on Monday, April 6th. KeyCorp increased their target price on Matador Resources from $61.00 to $73.00 and gave the company an “overweight” rating in a research note on Thursday, April 2nd. Citigroup increased their target price on Matador Resources from $62.00 to $77.00 and gave the company a “buy” rating in a research note on Tuesday, March 31st. UBS Group increased 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, TD Cowen upped their target price on shares of Matador Resources from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $63.64.

Matador Resources Price Performance

Shares of Matador Resources stock opened at $59.87 on Wednesday. The business’s fifty day moving average price is $54.82 and its 200 day moving average price is $46.78. The stock has a market capitalization of $7.44 billion, a P/E ratio of 9.82 and a beta of 0.91. Matador Resources has a twelve month low of $36.55 and a twelve month high of $66.84. The company has a current ratio of 0.79, a quick ratio of 0.75 and a debt-to-equity ratio of 0.57.

Matador Resources (NYSE:MTDR) last announced its quarterly earnings results on Tuesday, February 24th. The energy company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.16. The firm had revenue of $847.99 million for the quarter, compared to analysts’ expectations 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 was down 15.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.83 earnings per share. As a group, research analysts anticipate that Matador Resources will post 8.53 earnings per share for the current year.

Matador Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Friday, February 27th were issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 2.5%. 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

Institutional investors and hedge funds have recently bought and sold shares of the business. Kestra Investment Management LLC raised its holdings in shares of Matador Resources by 225.2% during the second quarter. Kestra Investment Management LLC now owns 517 shares of the energy company’s stock valued at $25,000 after acquiring an additional 358 shares during the period. Rothschild Investment LLC boosted its position in shares of 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 buying an additional 652 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in shares of Matador Resources in the third quarter worth $35,000. Gilpin Wealth Management LLC acquired a new stake in shares of Matador Resources in the fourth quarter worth $42,000. Finally, Geneos Wealth Management Inc. boosted its position 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 buying an additional 690 shares during the period. 91.98% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Matador Resources

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

• Positive Sentiment: Zacks Research upgraded MTDR to a Rank #1 (Strong Buy), which is increasing buying interest and momentum flows into the stock. Matador Upgraded to Strong Buy
• Positive Sentiment: Zacks also raised its near-term EPS forecasts for Matador (Q1 2026, Q3 2027, Q1 2028 / examples cited), lifting the consensus trajectory for earnings and supporting valuation multiples. Zacks estimates note
• Positive Sentiment: Higher crude prices (oil holding above $90 amid Middle East tensions) improve Matador’s upstream revenues and cash flow outlook, a macro tailwind for MTDR and peer producers. Crude prices analysis
• Positive Sentiment: KeyCorp raised Q1 EPS estimates for Matador, confirming upward analyst revisions from other brokerages and reinforcing the earnings narrative. KeyCorp EPS estimates
• Neutral Sentiment: Roth Mkm reiterated a “Neutral” rating on MTDR, which is unlikely to change the current momentum but adds a moderate voice of caution. Roth Mkm reiterates Neutral
• Negative Sentiment: Roth Capital issued a downgrade on Matador, creating some downward pressure and offering an alternative view that could limit near-term upside if other brokers echo the stance. Roth Capital downgrade

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.