KeyCorp Equities Analysts Boost Earnings Estimates for MTDR

Matador Resources Company (NYSE:MTDR) – Equities researchers at KeyCorp boosted their Q1 2026 earnings per share (EPS) estimates for Matador Resources in a report issued on Wednesday, April 1st. KeyCorp analyst T. Rezvan now forecasts that the energy company will post earnings per share of $1.50 for the quarter, up from their previous forecast of $1.14. KeyCorp currently has a “Overweight” rating and a $73.00 price target 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 research analysts also recently weighed in on the company. Morgan Stanley lowered their target price 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. Royal Bank Of Canada lowered their target price on Matador Resources from $62.00 to $60.00 and set an “outperform” rating on the stock in a report on Tuesday, January 13th. UBS Group increased 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. Weiss Ratings reissued a “hold (c-)” rating on shares of Matador Resources in a report on Friday, January 9th. Finally, Mizuho raised their price objective on Matador Resources from $67.00 to $70.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $63.36.

Matador Resources Stock Performance

Shares of Matador Resources stock traded up $1.02 during trading on Tuesday, hitting $64.61. 459,182 shares of the company’s stock traded hands, compared to its average volume of 1,945,775. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.79 and a quick ratio of 0.75. Matador Resources has a 1 year low of $35.19 and a 1 year high of $66.84. The stock has a market capitalization of $8.03 billion, a P/E ratio of 10.59 and a beta of 0.91. The business has a 50-day simple moving average of $53.48 and a 200-day simple moving average of $46.36.

Matador Resources (NYSE:MTDR) last released its quarterly earnings data on Tuesday, February 24th. The energy company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.71 by $0.16. Matador Resources had a return on equity of 12.36% and a net margin of 20.54%.The company had revenue of $847.99 million for the quarter, compared to analysts’ expectations of $811.13 million. During the same period last year, the firm posted $1.83 earnings per share. Matador Resources’s revenue was down 15.7% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in MTDR. Kestra Investment Management LLC raised its stake in shares of Matador Resources by 225.2% in the second quarter. Kestra Investment Management LLC now owns 517 shares of the energy company’s stock worth $25,000 after buying an additional 358 shares during the period. Rothschild Investment LLC raised its stake in shares of Matador Resources by 5,927.3% in the third quarter. Rothschild Investment LLC now owns 663 shares of the energy company’s stock worth $30,000 after buying an additional 652 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in Matador Resources during the 3rd quarter valued at approximately $35,000. Gilpin Wealth Management LLC bought a new stake in Matador Resources during the 4th quarter valued at approximately $42,000. Finally, Geneos Wealth Management Inc. raised its stake in Matador Resources by 361.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 881 shares of the energy company’s stock valued at $45,000 after purchasing an additional 690 shares during the period. Institutional investors own 91.98% of the company’s stock.

Matador Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Friday, February 27th were paid a $0.375 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $1.50 annualized dividend and a dividend yield of 2.3%. Matador Resources’s dividend payout ratio (DPR) is 24.59%.

Key Stories Impacting Matador Resources

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

• Positive Sentiment: KeyCorp materially raised near‑term and longer‑term EPS estimates for MTDR (multiple quarters in 2026 and 2027) and lifted its FY2027 view to $10.00 EPS (from $8.21) while keeping an “Overweight” rating and a $73 price target — a clear catalyst supporting a higher valuation and buy case. KeyCorp upgrades (MarketBeat)
• Positive Sentiment: BMO Capital Markets raised its price target to $72.00 and maintained an “Outperform” rating, reinforcing analyst momentum behind MTDR and providing additional broker support for the stock. BMO price target raise (Benzinga)
• Neutral Sentiment: Coverage highlighted that recent Middle East tensions have lifted oil prices, improving Matador’s valuation backdrop — this macro tailwind can boost realized prices and cash flow but is subject to geopolitical volatility. Valuation after oil-price move (Yahoo Finance)
• Negative Sentiment: Company fundamentals still show near‑term headwinds: recent quarterly revenue was down ~15.7% year‑over‑year and liquidity ratios (quick ratio ~0.75, current ratio ~0.79) are below 1.0 — investors should weigh upgraded forecasts against still‑volatile volumes/price mix and operational/financial leverage. Financial snapshot (MarketBeat)

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.