Research Analysts Issue Forecasts for MTDR FY2025 Earnings

Matador Resources Company (NYSE:MTDR) – Stock analysts at William Blair lifted their FY2025 EPS estimates for Matador Resources in a report released on Thursday, October 23rd. William Blair analyst N. Dingmann now expects that the energy company will post earnings per share of $5.61 for the year, up from their previous forecast of $5.34. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Matador Resources’ current full-year earnings is $8.53 per share. William Blair also issued estimates for Matador Resources’ FY2026 earnings at $6.39 EPS, FY2027 earnings at $8.45 EPS and FY2028 earnings at $9.53 EPS.

Matador Resources (NYSE:MTDR) last posted its earnings results on Tuesday, October 21st. The energy company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.14. The firm had revenue of $939.02 million during the quarter, compared to the consensus estimate of $893.22 million. Matador Resources had a net margin of 20.46% and a return on equity of 14.80%. The company’s revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the company earned $1.89 earnings per share.

Other equities analysts have also recently issued reports about the company. Bank of America reduced their price target on Matador Resources from $56.00 to $55.00 and set a “buy” rating for the company in a research report on Thursday, October 16th. Raymond James Financial reiterated an “outperform” rating and issued a $55.00 price target (down from $63.00) on shares of Matador Resources in a research report on Monday, October 20th. KeyCorp reduced their price target on Matador Resources from $61.00 to $52.00 and set an “overweight” rating for the company in a research report on Friday, October 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Matador Resources in a research report on Tuesday, October 14th. Finally, Morgan Stanley reduced their price target on Matador Resources from $62.00 to $61.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Matador Resources currently has a consensus rating of “Moderate Buy” and a consensus target price of $63.93.

Matador Resources Price Performance

Shares of NYSE MTDR opened at $39.19 on Monday. The stock has a market cap of $4.87 billion, a PE ratio of 6.26 and a beta of 1.41. Matador Resources has a fifty-two week low of $35.19 and a fifty-two week high of $64.04. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.69 and a current ratio of 0.73. The stock has a fifty day moving average of $45.93 and a 200-day moving average of $46.24.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of MTDR. Evergreen Capital Management LLC raised its position in shares of Matador Resources by 57.4% in the 3rd quarter. Evergreen Capital Management LLC now owns 9,825 shares of the energy company’s stock worth $441,000 after acquiring an additional 3,581 shares in the last quarter. Forum Financial Management LP bought a new position in shares of Matador Resources in the 3rd quarter worth approximately $239,000. SG Americas Securities LLC raised its position in shares of Matador Resources by 52.9% in the 3rd quarter. SG Americas Securities LLC now owns 22,691 shares of the energy company’s stock worth $1,020,000 after acquiring an additional 7,847 shares in the last quarter. Vaughan Nelson Investment Management L.P. raised its position in shares of Matador Resources by 64.3% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 1,100,805 shares of the energy company’s stock worth $49,459,000 after acquiring an additional 431,010 shares in the last quarter. Finally, CWA Asset Management Group LLC raised its position in shares of Matador Resources by 4.4% in the 3rd quarter. CWA Asset Management Group LLC now owns 19,076 shares of the energy company’s stock worth $857,000 after acquiring an additional 797 shares in the last quarter. Institutional investors own 91.98% of the company’s stock.

Insider Activity

In related news, CEO Joseph Wm Foran bought 2,000 shares of the stock in a transaction dated Friday, September 12th. The stock was bought at an average price of $48.15 per share, with a total value of $96,300.00. Following the purchase, the chief executive officer owned 8,025 shares in the company, valued at approximately $386,403.75. The trade was a 33.20% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Christopher P. Calvert purchased 1,000 shares of the stock in a transaction on Friday, September 12th. The shares were acquired at an average cost of $47.77 per share, with a total value of $47,770.00. Following the transaction, the chief operating officer directly owned 37,500 shares in the company, valued at $1,791,375. The trade was a 2.74% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders purchased 11,380 shares of company stock valued at $549,188. Insiders own 5.80% of the company’s stock.

Matador Resources Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Monday, November 10th will be paid a $0.375 dividend. This is a boost from Matador Resources’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 3.8%. Matador Resources’s dividend payout ratio is presently 19.97%.

Matador Resources Company Profile

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas.