Q4 Earnings Forecast for Matador Resources Issued By KeyCorp

Matador Resources Company (NYSE:MTDR) – Research analysts at KeyCorp boosted their Q4 2027 EPS estimates for shares of Matador Resources in a research report issued on Wednesday, April 1st. KeyCorp analyst T. Rezvan now expects that the energy company will earn $2.47 per share for the quarter, up from their previous forecast of $2.26. 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.

A number of other research analysts also recently issued reports on MTDR. Morgan Stanley cut their price target on Matador Resources from $56.00 to $52.00 and set an “equal weight” rating on the stock in a report on Friday, January 23rd. UBS Group raised their price objective on Matador Resources from $50.00 to $52.00 and gave the company a “neutral” rating in a research report on Thursday, March 5th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Matador Resources in a report on Friday, January 9th. Mizuho increased their price target on shares of Matador Resources from $67.00 to $70.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Finally, BMO Capital Markets raised their price target on shares of Matador Resources from $60.00 to $65.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $62.86.

Matador Resources Stock Performance

Shares of NYSE:MTDR opened at $62.82 on Friday. The firm has a 50 day moving average of $52.66 and a 200 day moving average of $46.15. 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 capitalization of $7.81 billion, a price-to-earnings ratio of 10.30 and a beta of 0.91. 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 quarterly earnings results on Tuesday, February 24th. The energy company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.16. Matador Resources had a net margin of 20.54% and a return on equity of 12.36%. The firm had revenue of $847.99 million during the quarter, compared to analysts’ expectations of $811.13 million. During the same quarter in the prior year, the company earned $1.83 EPS. The company’s revenue was down 15.7% compared to the same quarter last year.

Institutional Investors Weigh In On Matador Resources

A number of large investors have recently modified their holdings of MTDR. Rockefeller Capital Management L.P. raised its position in shares of Matador Resources by 179.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,869 shares of the energy company’s stock valued at $122,000 after purchasing an additional 1,843 shares during the last quarter. MidFirst Bank acquired a new position in Matador Resources during the 4th quarter valued at approximately $214,000. Invesco Ltd. increased its stake in Matador Resources by 45.9% during the 4th quarter. Invesco Ltd. now owns 594,849 shares of the energy company’s stock valued at $25,245,000 after purchasing an additional 187,178 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of Matador Resources in the fourth quarter worth $340,000. Finally, Virtus Investment Advisers LLC acquired a new stake in shares of Matador Resources during the fourth quarter worth $165,000. Hedge funds and other institutional investors own 91.98% of the company’s stock.

Matador Resources Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Friday, February 27th were paid 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 2.4%. Matador Resources’s dividend payout ratio (DPR) is 24.59%.

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.