Matador Resources (NYSE:MTDR) Rating Lowered to “Hold” at Zacks Research

Matador Resources (NYSE:MTDR) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports. Zacks Research also issued estimates for Matador Resources’ Q2 2026 earnings at $1.54 EPS, Q3 2026 earnings at $1.74 EPS, Q4 2026 earnings at $1.77 EPS, FY2026 earnings at $6.58 EPS, Q1 2027 earnings at $2.06 EPS, Q2 2027 earnings at $2.19 EPS, Q4 2027 earnings at $1.88 EPS and FY2028 earnings at $7.27 EPS.

A number of other research firms have also recently weighed in on MTDR. Wells Fargo & Company upped their price objective on shares of Matador Resources from $54.00 to $63.00 and gave the company an “equal weight” rating in a research report on Thursday, April 16th. BMO Capital Markets upped their target price on shares of Matador Resources from $65.00 to $72.00 and gave the company an “outperform” rating in a research note on Monday, April 6th. Roth Mkm restated a “neutral” rating and issued a $65.00 target price (up from $52.00) on shares of Matador Resources in a research note on Wednesday, April 8th. Morgan Stanley upped their target price on shares of Matador Resources from $73.00 to $75.00 and gave the company an “equal weight” rating in a research note on Friday, May 22nd. Finally, UBS Group upped their target price on shares of Matador Resources from $50.00 to $52.00 and gave the company a “neutral” rating in a research note on Thursday, March 5th. Ten analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $64.85.

Matador Resources Stock Performance

NYSE:MTDR opened at $53.78 on Monday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.73 and a quick ratio of 0.70. The firm has a 50-day moving average of $59.61 and a two-hundred day moving average of $50.18. The stock has a market cap of $6.68 billion, a P/E ratio of 13.83 and a beta of 0.81. Matador Resources has a 1-year low of $37.14 and a 1-year high of $66.84.

Matador Resources (NYSE:MTDR) last posted its quarterly earnings data on Wednesday, May 6th. The energy company reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.29. The company had revenue of $941.60 million during the quarter, compared to analysts’ expectations of $871.57 million. Matador Resources had a net margin of 14.41% and a return on equity of 11.20%. The firm’s revenue for the quarter was down 33.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.99 EPS. On average, research analysts expect that Matador Resources will post 7.36 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Matador Resources

Several institutional investors and hedge funds have recently bought and sold shares of MTDR. Jones Financial Companies Lllp raised its stake in Matador Resources by 1,104.8% during the first quarter. Jones Financial Companies Lllp now owns 2,012 shares of the energy company’s stock worth $103,000 after acquiring an additional 1,845 shares during the period. Geneos Wealth Management Inc. boosted 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. Sivia Capital Partners LLC acquired a new position in Matador Resources during the 2nd quarter valued at about $255,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Matador Resources in the second quarter valued at approximately $5,126,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Matador Resources by 767.3% in the second quarter. EverSource Wealth Advisors LLC now owns 3,261 shares of the energy company’s stock valued at $156,000 after purchasing an additional 2,885 shares during the period. Institutional investors and hedge funds own 91.98% of the company’s stock.

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.