Matador Resources (NYSE:MTDR – Get Free Report) had its price target increased by analysts at BMO Capital Markets from $60.00 to $65.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the energy company’s stock. BMO Capital Markets’ target price points to a potential upside of 15.77% from the stock’s current price.
Several other equities research analysts have also commented on the stock. Citigroup boosted their price target on shares of Matador Resources from $53.00 to $62.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Morgan Stanley cut their price objective on shares of Matador Resources from $56.00 to $52.00 and set an “equal weight” rating on the stock in a report on Friday, January 23rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Matador Resources in a research note on Friday, January 9th. UBS Group upped their target price on Matador Resources from $50.00 to $52.00 and gave the stock a “neutral” rating in a report on Thursday, March 5th. Finally, TD Cowen raised Matador Resources to a “strong-buy” rating in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Matador Resources presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.33.
Read Our Latest Stock Analysis on MTDR
Matador Resources Stock Performance
Matador Resources (NYSE:MTDR – Get Free Report) last released its quarterly earnings data on Tuesday, February 24th. The energy company reported $0.87 earnings per share 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 in the prior year, the firm earned $1.83 earnings per share. The firm’s revenue for the quarter was down 15.7% compared to the same quarter last year. On average, equities research analysts expect that Matador Resources will post 8.53 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Matador Resources
Hedge funds and other institutional investors have recently bought and sold shares of the company. MAI Capital Management boosted its stake in Matador Resources by 13.9% in the second quarter. MAI Capital Management now owns 1,726 shares of the energy company’s stock valued at $82,000 after acquiring an additional 210 shares in the last quarter. Beacon Pointe Advisors LLC increased its position in shares of Matador Resources by 4.3% during the second quarter. Beacon Pointe Advisors LLC now owns 5,281 shares of the energy company’s stock worth $252,000 after purchasing an additional 216 shares in the last quarter. ProShare Advisors LLC lifted its holdings in shares of Matador Resources by 4.5% during the 2nd quarter. ProShare Advisors LLC now owns 5,163 shares of the energy company’s stock valued at $246,000 after purchasing an additional 220 shares during the last quarter. Fiduciary Trust Co lifted its holdings in shares of Matador Resources by 2.2% during the 3rd quarter. Fiduciary Trust Co now owns 11,821 shares of the energy company’s stock valued at $531,000 after purchasing an additional 253 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its position in shares of Matador Resources by 2.9% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 9,138 shares of the energy company’s stock worth $388,000 after purchasing an additional 254 shares in the last quarter. Hedge funds and other institutional investors own 91.98% of the company’s stock.
Key Matador Resources News
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
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.
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