KeyCorp Equities Analysts Boost Earnings Estimates for MTDR

Matador Resources Company (NYSE:MTDR) – Analysts at KeyCorp increased their Q1 2026 earnings per share estimates for Matador Resources in a research note issued to investors on Wednesday, April 1st. KeyCorp analyst T. Rezvan now anticipates that the energy company will post earnings of $1.50 per share for the quarter, up from their previous estimate of $1.14. KeyCorp has a “Overweight” rating and a $73.00 price objective on the stock. The consensus estimate for Matador Resources’ current full-year earnings is $8.53 per share. KeyCorp also issued estimates for Matador Resources’ Q2 2026 earnings at $2.19 EPS, Q3 2026 earnings at $2.08 EPS, Q4 2026 earnings at $2.14 EPS, FY2026 earnings at $7.90 EPS, Q1 2027 earnings at $2.62 EPS, Q2 2027 earnings at $2.50 EPS, Q3 2027 earnings at $2.42 EPS and FY2027 earnings at $10.00 EPS.

A number of other equities analysts also recently commented on the company. UBS Group upped their target price on 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 upped their target price on Matador Resources from $65.00 to $72.00 and gave the company an “outperform” rating in a report on Monday. TD Cowen upped their target price on Matador Resources from $60.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, March 17th. Wells Fargo & Company upped 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. Finally, Citigroup upped their target price on Matador Resources from $62.00 to $77.00 and gave the company a “buy” rating in a report on Tuesday, March 31st. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $63.36.

Matador Resources Price Performance

Shares of Matador Resources stock opened at $64.38 on Tuesday. 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 $8.00 billion, a PE ratio of 10.55 and a beta of 0.91. The business has a 50 day moving average of $53.90 and a 200 day moving average of $46.49. Matador Resources has a 52 week low of $35.19 and a 52 week high of $66.84.

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

Matador Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Friday, February 27th were issued 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 2.3%. Matador Resources’s dividend payout ratio is 24.59%.

Hedge Funds Weigh In On Matador Resources

A number of institutional investors have recently added to or reduced their stakes in the company. Beacon Pointe Advisors LLC raised its holdings in Matador Resources by 4.3% in 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. Fiduciary Trust Co raised its holdings in Matador Resources by 2.2% in the third quarter. Fiduciary Trust Co now owns 11,821 shares of the energy company’s stock worth $531,000 after purchasing an additional 253 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings 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 purchasing an additional 254 shares in the last quarter. Verdence Capital Advisors LLC raised its holdings 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 purchasing an additional 278 shares in the last quarter. Finally, Sivia Capital Partners LLC raised 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 worth $253,000 after purchasing an additional 290 shares in the last quarter. Institutional investors own 91.98% of the company’s stock.

Matador Resources News Roundup

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

• Positive Sentiment: KeyCorp raised quarterly and annual EPS estimates across 2026–2027 (Q1–Q4 2026, Q1–Q3 2027 and FY2026/FY2027), lifting FY2027 to $10.00 from $8.21 and giving MTDR an “Overweight” rating with a $73 price target — this implies stronger future earnings and supports the stock. KeyCorp raises estimates
• Positive Sentiment: BMO Capital Markets increased its price target from $65 to $72 and kept an “outperform” rating — another independent buy-side signal that could attract demand. BMO raises target
• Neutral Sentiment: A sector/valuation piece examines MTDR after oil prices rose amid Middle East tensions — this provides context that higher oil helps Matador’s realized prices, but valuation and execution still matter. Valuation after oil move

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.