Zacks Research Brokers Boost Earnings Estimates for MTDR

Matador Resources Company (NYSE:MTDR) – Investment analysts at Zacks Research boosted their Q1 2026 earnings estimates for shares of Matador Resources in a research note issued to investors on Thursday, April 9th. Zacks Research analyst Team now anticipates that the energy company will post earnings per share of $1.44 for the quarter, up from their previous forecast of $1.42. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Matador Resources’ current full-year earnings is $8.53 per share. Zacks Research also issued estimates for Matador Resources’ Q3 2027 earnings at $1.78 EPS and Q1 2028 earnings at $1.58 EPS.

Matador Resources (NYSE:MTDR) last posted its quarterly earnings results on Tuesday, February 24th. The energy company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.16. Matador Resources had a net margin of 20.54% and a return on equity of 12.36%. The company had revenue of $847.99 million during the quarter, compared to analyst estimates of $811.13 million. During the same period last year, the firm posted $1.83 EPS. Matador Resources’s revenue for the quarter was down 15.7% compared to the same quarter last year.

A number of other equities analysts have also issued reports on the stock. Citigroup raised their price target on shares of Matador Resources from $62.00 to $77.00 and gave the stock a “buy” rating in a research report on Tuesday, March 31st. Truist Financial started coverage on shares of Matador Resources in a research report on Tuesday, March 24th. They set a “hold” rating and a $60.00 price target for the company. Morgan Stanley reduced their price target on shares of Matador Resources from $56.00 to $52.00 and set an “equal weight” rating for the company in a research report on Friday, January 23rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Matador Resources in a research report on Friday, January 9th. Finally, Wells Fargo & Company raised their price target on shares of Matador Resources from $47.00 to $54.00 and gave the stock an “equal weight” rating in a research report on Monday, March 16th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $63.64.

Matador Resources Stock Performance

MTDR opened at $59.87 on Friday. Matador Resources has a 12-month low of $36.55 and a 12-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. The firm has a market capitalization of $7.44 billion, a PE ratio of 9.82 and a beta of 0.91. The firm has a 50 day moving average of $54.82 and a two-hundred day moving average of $46.78.

Matador Resources Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Friday, February 27th were issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, February 27th. Matador Resources’s payout ratio is 24.59%.

Hedge Funds Weigh In On Matador Resources

Institutional investors have recently made changes to their positions in the company. Kestra Investment Management LLC increased its holdings in shares of Matador Resources by 225.2% during the 2nd quarter. Kestra Investment Management LLC now owns 517 shares of the energy company’s stock valued at $25,000 after purchasing an additional 358 shares in the last quarter. Rothschild Investment LLC increased its holdings in shares of Matador Resources by 5,927.3% during the 3rd quarter. Rothschild Investment LLC now owns 663 shares of the energy company’s stock valued at $30,000 after purchasing an additional 652 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of Matador Resources during the 3rd quarter valued at approximately $35,000. Gilpin Wealth Management LLC purchased a new position in shares of Matador Resources during the 4th quarter valued at approximately $42,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Matador Resources by 361.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 881 shares of the energy company’s stock valued at $45,000 after purchasing an additional 690 shares in the last quarter. 91.98% of the stock is owned by hedge funds and other institutional investors.

Matador Resources News Summary

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.