Zacks Research Brokers Boost Earnings Estimates for MTDR

Matador Resources Company (NYSE:MTDR) – Equities researchers at Zacks Research raised their Q1 2026 EPS estimates for Matador Resources in a report released on Tuesday, March 10th. Zacks Research analyst Team now anticipates that the energy company will post earnings of $0.97 per share for the quarter, up from their prior estimate of $0.95. The consensus estimate for Matador Resources’ current full-year earnings is $8.53 per share. Zacks Research also issued estimates for Matador Resources’ Q2 2026 earnings at $0.70 EPS, Q3 2026 earnings at $0.89 EPS, Q4 2026 earnings at $0.93 EPS, FY2026 earnings at $3.49 EPS, Q3 2027 earnings at $1.39 EPS and FY2027 earnings at $4.28 EPS.

Matador Resources (NYSE:MTDR) last released 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 during the quarter, compared to analysts’ expectations of $811.13 million. Matador Resources had a return on equity of 12.36% and a net margin of 20.54%.The business’s revenue was down 15.7% on a year-over-year basis. During the same period last year, the firm posted $1.83 EPS.

A number of other analysts have also weighed in on MTDR. UBS Group raised their price target on shares of Matador Resources from $50.00 to $52.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. BMO Capital Markets lifted their price objective on Matador Resources from $60.00 to $65.00 and gave the stock an “outperform” rating in a research report on Wednesday. Wells Fargo & Company downgraded shares of Matador Resources from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $61.00 to $47.00 in a research report on Tuesday, January 27th. Morgan Stanley reduced their target price on shares of Matador Resources from $56.00 to $52.00 and set an “equal weight” rating on the stock in a research note on Friday, January 23rd. Finally, KeyCorp reiterated an “overweight” rating on shares of Matador Resources in a research report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $59.33.

Matador Resources Stock Down 0.2%

Shares of NYSE MTDR opened at $56.14 on Thursday. The company has a quick ratio of 0.75, a current ratio of 0.79 and a debt-to-equity ratio of 0.57. The company has a market cap of $6.98 billion, a price-to-earnings ratio of 9.20 and a beta of 1.07. Matador Resources has a 12-month low of $35.19 and a 12-month high of $58.32. The firm’s 50-day simple moving average is $47.27 and its 200 day simple moving average is $44.98.

Matador Resources Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Friday, February 27th were given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Friday, February 27th. Matador Resources’s payout ratio is presently 24.59%.

Institutional Trading of Matador Resources

A number of hedge funds have recently modified their holdings of MTDR. Adage Capital Partners GP L.L.C. grew its stake in Matador Resources by 143.1% in the second quarter. Adage Capital Partners GP L.L.C. now owns 2,556,472 shares of the energy company’s stock valued at $121,995,000 after acquiring an additional 1,505,000 shares during the period. CIBC Bancorp USA Inc. acquired a new position in shares of Matador Resources in the 3rd quarter valued at approximately $61,615,000. Wellington Management Group LLP grew its position in shares of Matador Resources by 65.0% in the 4th quarter. Wellington Management Group LLP now owns 3,406,182 shares of the energy company’s stock valued at $144,558,000 after purchasing an additional 1,342,145 shares during the period. Encompass Capital Advisors LLC acquired a new stake in Matador Resources during the 4th quarter worth approximately $53,249,000. Finally, LSV Asset Management raised its holdings in Matador Resources by 45.7% during the 2nd quarter. LSV Asset Management now owns 3,334,775 shares of the energy company’s stock worth $159,135,000 after buying an additional 1,045,396 shares during the period. 91.98% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Matador Resources

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

• Positive Sentiment: BMO Capital Markets raised its price target to $65 and assigned an “outperform” — a notable vote of confidence that likely lifted sentiment and buying interest. Article Title
• Positive Sentiment: Other outlets and analysts highlighted the same theme (target/estimate raises after Matador’s solid quarter), reinforcing the bullish view and helping explain intraday upside in MTDR. Article Title
• Positive Sentiment: Zacks Research lifted several key annual and quarterly EPS forecasts (FY2026 and FY2027 were both raised — FY2026 to $3.49 and FY2027 to $4.28), signaling improved medium‑term earnings expectations that support higher valuation assumptions. (Zacks research note)
• Neutral Sentiment: Zacks also raised specific quarter forecasts (Q1, Q3, Q4 2026 and Q3 2027 in separate notes), which helps near‑term visibility but is partially offset by other cuts — the net impact is mixed but leans positive on full‑year math. (Zacks research notes)
• Negative Sentiment: Zacks trimmed some quarter-level estimates — notably Q2 2026 (from $0.90 to $0.70) and multiple 2027 quarterly forecasts — introducing near‑term volatility risk and indicating uneven quarter‑to‑quarter momentum. (Zacks research notes)
• Neutral Sentiment: Coverage pieces summarizing the analyst moves (BMO/Wells Fargo mention) are amplifying the headlines; these items tend to drive short‑term volume but don’t change fundamentals immediately. Article Title

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.