Matador Resources (NYSE:MTDR) Stock Gets Price Target Increase from Morgan Stanley

Matador Resources (NYSE:MTDR) had its target price upped by research analysts at Morgan Stanley from $66.00 to $69.00 in a research report issued on Thursday, Benzinga reports. The brokerage currently has an “equal weight” rating on the energy company’s stock. Morgan Stanley’s price target would suggest a potential upside of 27.50% from the stock’s previous close.

A number of other equities analysts have also weighed in on the stock. Stephens upped their price target on shares of Matador Resources from $92.00 to $93.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. Seaport Research Partners started coverage on shares of Matador Resources in a research report on Thursday, September 3rd. They set a “neutral” rating on the stock. Wall Street Zen upgraded shares of Matador Resources from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 26th. Scotiabank assumed coverage on shares of Matador Resources in a research note on Thursday. They set a “sector perform” rating and a $59.00 target price on the stock. Finally, Truist Financial upped their target price on shares of Matador Resources from $59.00 to $65.00 and gave the stock a “buy” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.81.

Matador Resources Stock Performance

Shares of MTDR stock traded down $1.07 during trading hours on Thursday, reaching $54.12. 389,750 shares of the company traded hands, compared to its average volume of 1,851,588. Matador Resources has a 12-month low of $37.14 and a 12-month high of $66.84. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.65 and a quick ratio of 0.62. The company has a market cap of $6.70 billion, a P/E ratio of 9.29 and a beta of 0.98. The firm has a 50-day moving average price of $55.64 and a 200 day moving average price of $55.39.

Matador Resources (NYSE:MTDR) last released 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 during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.53 EPS. As a group, sell-side analysts predict that Matador Resources will post 7.52 earnings per share for the current fiscal year.

Insider Buying and Selling at Matador Resources

In related news, CEO Joseph Foran purchased 555 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were acquired at an average price of $54.49 per share, for a total transaction of $30,241.95. Following the purchase, the chief executive officer directly owned 4,772 shares in the company, valued at $260,026.28. This trade represents a 13.16% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP William Elsener purchased 850 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was bought at an average price of $50.94 per share, for a total transaction of $43,299.00. Following the purchase, the executive vice president owned 114,879 shares in the company, valued at approximately $5,851,936.26. This represents a 0.75% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have purchased 23,144 shares of company stock worth $1,211,793. Insiders own 5.90% of the company’s stock.

Hedge Funds Weigh In On Matador Resources

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC bought a new stake in Matador Resources in the 1st quarter worth approximately $27,000. Center for Financial Planning Inc. bought a new position in shares of Matador Resources during the 1st quarter valued at approximately $41,000. Harbor Investment Advisory LLC bought a new position in shares of Matador Resources during the 2nd quarter valued at approximately $44,000. Altshuler Shaham Ltd grew its holdings in shares of Matador Resources by 36.7% in the first quarter. Altshuler Shaham Ltd now owns 748 shares of the energy company’s stock valued at $47,000 after purchasing an additional 201 shares in the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Matador Resources in the second quarter valued at $54,000. 91.98% of the stock is owned by institutional investors.

Trending Headlines about Matador Resources

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

• Positive Sentiment: Truist Financial raised its price target from $59 to $65 and reiterated a Buy rating, implying roughly 20% upside from recent trading levels. Truist analyst update
• Positive Sentiment: Wells Fargo issued a Buy rating on Matador, adding to the positive analyst sentiment surrounding the energy producer. Wells Fargo Buy rating
• Positive Sentiment: BMO Capital maintained its Buy rating, signaling continued confidence in Matador’s operating outlook. BMO Capital rating update
• Neutral Sentiment: Scotiabank initiated coverage with a Sector Perform rating and a $59 price target, representing approximately 9% potential upside but suggesting limited outperformance versus peers. Scotiabank coverage initiation
• Neutral Sentiment: Matador will release third-quarter 2026 results after the market close on November 3, followed by a conference call on November 4. The upcoming report could provide the next major catalyst for the shares. Third-quarter 2026 earnings release date
• Negative Sentiment: Wells Fargo trimmed its price target from $77 to $76, although it retained an Overweight rating. The modest reduction may reflect slightly lower valuation expectations despite substantial projected upside. Wells Fargo price target update

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.