Zacks Research Analysts Increase Earnings Estimates for MTDR

Matador Resources Company (NYSE:MTDR) – Zacks Research lifted their Q3 2026 earnings per share estimates for Matador Resources in a report released on Tuesday, September 29th. Zacks Research analyst Team now expects that the energy company will post earnings of $1.10 per share for the quarter, up from their previous estimate of $0.99. The consensus estimate for Matador Resources’ current full-year earnings is $7.54 per share. Zacks Research also issued estimates for Matador Resources’ Q4 2026 earnings at $1.42 EPS, FY2026 earnings at $6.66 EPS, Q2 2027 earnings at $1.83 EPS, Q3 2027 earnings at $1.76 EPS, Q1 2028 earnings at $1.70 EPS and Q2 2028 earnings at $1.87 EPS.

A number of other research firms have also issued reports on MTDR. Wall Street Zen upgraded Matador Resources from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 26th. Citigroup reduced their price objective on Matador Resources from $68.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Wells Fargo & Company raised Matador Resources from an “equal weight” rating to an “overweight” rating and lowered their price objective for the stock from $79.00 to $77.00 in a research note on Wednesday, September 2nd. Stifel Nicolaus initiated coverage on Matador Resources in a report on Thursday, September 10th. They issued a “buy” rating and a $66.00 target price for the company. Finally, Roth Capital raised Matador Resources from a “neutral” rating to a “buy” rating and set a $65.00 target price for the company in a research note on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Matador Resources presently has a consensus rating of “Moderate Buy” and an average price target of $66.80.

Matador Resources Stock Performance

NYSE:MTDR opened at $53.03 on Thursday. The company has a market cap of $6.56 billion, a P/E ratio of 9.10 and a beta of 0.98. Matador Resources has a twelve month low of $37.14 and a twelve month high of $66.84. The company’s 50-day moving average price is $54.60 and its 200-day moving average price is $55.70. The company has a current ratio of 0.65, a quick ratio of 0.62 and a debt-to-equity ratio of 0.67.

Matador Resources (NYSE:MTDR) last announced its earnings results on Wednesday, August 5th. The energy company reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.53. The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.06 billion. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%. The firm’s quarterly revenue was up 32.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.53 EPS.

Matador Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Monday, August 10th were given a $0.3750 dividend. The ex-dividend date was Monday, August 10th. This represents a $1.50 dividend on an annualized basis and a yield of 2.8%. Matador Resources’s payout ratio is currently 25.73%.

Insider Buying and Selling at Matador Resources

In related news, CEO Joseph Foran acquired 555 shares of Matador Resources stock in a transaction that occurred on Wednesday, August 26th. The shares were purchased at an average cost of $54.49 per share, for a total transaction of $30,241.95. Following the acquisition, the chief executive officer owned 4,772 shares in the company, valued at approximately $260,026.28. This represents a 13.16% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Christopher P. Calvert bought 2,500 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was bought at an average cost of $56.64 per share, for a total transaction of $141,600.00. Following the transaction, the chief financial officer directly owned 44,000 shares of the company’s stock, valued at $2,492,160. The trade was a 6.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 23,144 shares of company stock worth $1,211,793 over the last quarter. 5.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Matador Resources

Institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in shares of Matador Resources in the 2nd quarter valued at about $573,936,000. Encompass Capital Advisors LLC purchased a new stake in Matador Resources during the fourth quarter worth approximately $53,249,000. Bank of New York Mellon Corp purchased a new stake in Matador Resources during the second quarter worth approximately $56,161,000. Bank of America Corp DE acquired a new position in Matador Resources in the second quarter valued at approximately $42,184,000. Finally, Value Holdings Management CO. LLC acquired a new position in Matador Resources in the second quarter valued at approximately $41,532,000. 91.98% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Matador Resources

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

• Positive Sentiment: Zacks raised its estimates for Matador’s Q3 2026 EPS to $1.10 from $0.99, Q4 2026 EPS to $1.42 from $1.24, and full-year 2026 EPS to $6.66 from $6.37. These upgrades are likely the most relevant to investors and provide a positive near-term earnings signal. Zacks Research Issues Positive Outlook for MTDR Earnings
• Positive Sentiment: The firm also increased its Q2 2027 EPS forecast to $1.83 from $1.60, Q2 2028 EPS to $1.87 from $1.68, FY2027 EPS to $6.92 from $6.90, and FY2028 EPS to $7.48 from $7.35. The broader upward revisions reinforce expectations for sustained earnings power.
• Neutral Sentiment: Zacks maintained a current full-year analyst consensus estimate of $7.51 per share, indicating that the revisions have not yet translated into a meaningful change in the broader consensus outlook.
• Negative Sentiment: Some longer-dated forecasts were lowered, including Q1 2027 EPS to $1.68 from $1.80, Q4 2027 EPS to $1.65 from $1.67, Q3 2027 EPS to $1.76 from $1.82, and Q1 2028 EPS to $1.70 from $1.81. These cuts temper the bullish impact but appear outweighed by the upgrades to nearer-term estimates.

About Matador Resources

Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas properties. Its operations are focused primarily on unconventional, or shale, formations, with oil, natural gas and natural gas liquids among its principal products.

The company’s main exploration and production activities are concentrated in the Delaware Basin, part of the Permian Basin in southeastern New Mexico and West Texas. Matador has also historically held interests in other U.S.