Q1 EPS Estimates for Matador Resources Decreased by KeyCorp

Matador Resources (NYSE:MTDR - Free Report) - Equities research analysts at KeyCorp cut their Q1 2025 earnings per share estimates for shares of Matador Resources in a research note issued on Sunday, April 20th. KeyCorp analyst T. Rezvan now forecasts that the energy company will post earnings per share of $1.91 for the quarter, down from their prior forecast of $2.47. KeyCorp currently has a "Overweight" rating and a $60.00 target price 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 2025 earnings at $1.69 EPS, Q3 2025 earnings at $1.75 EPS, Q4 2025 earnings at $1.90 EPS, FY2025 earnings at $7.25 EPS, Q1 2026 earnings at $2.07 EPS, Q2 2026 earnings at $1.89 EPS, Q4 2026 earnings at $2.23 EPS and FY2026 earnings at $8.17 EPS.

Matador Resources (NYSE:MTDR - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The energy company reported $1.83 EPS for the quarter, missing the consensus estimate of $1.88 by ($0.05). The business had revenue of $970.37 million during the quarter, compared to analyst estimates of $967.10 million. Matador Resources had a net margin of 25.26% and a return on equity of 18.52%.

A number of other research firms have also recently weighed in on MTDR. Truist Financial upped their price objective on shares of Matador Resources from $75.00 to $80.00 and gave the stock a "buy" rating in a research report on Monday, January 13th. Royal Bank of Canada reduced their price target on shares of Matador Resources from $70.00 to $62.00 and set an "outperform" rating for the company in a research report on Friday, April 11th. Stephens lowered their price objective on Matador Resources from $90.00 to $86.00 and set an "overweight" rating on the stock in a report on Tuesday, April 15th. Benchmark reissued a "buy" rating and set a $62.00 target price on shares of Matador Resources in a report on Friday, January 17th. Finally, JPMorgan Chase & Co. decreased their target price on Matador Resources from $65.00 to $61.00 and set an "overweight" rating on the stock in a research report on Thursday, April 10th. Two analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $70.73.

Matador Resources Trading Up 2.5 %

Shares of NYSE:MTDR opened at $41.02 on Wednesday. The business's 50 day moving average price is $47.56 and its 200-day moving average price is $53.63. Matador Resources has a 1 year low of $35.19 and a 1 year high of $67.51. The firm has a market capitalization of $5.14 billion, a price-to-earnings ratio of 5.75 and a beta of 2.74. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.93 and a quick ratio of 0.84.

Matador Resources Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 9th will be given a dividend of $0.3125 per share. The ex-dividend date is Friday, May 9th. This represents a $1.25 annualized dividend and a dividend yield of 3.05%. Matador Resources's payout ratio is 17.51%.

Insider Activity at Matador Resources

In other Matador Resources news, Director Paul W. Harvey bought 600 shares of the business's stock in a transaction on Friday, February 21st. The stock was bought at an average price of $55.20 per share, with a total value of $33,120.00. Following the completion of the purchase, the director now directly owns 27,917 shares in the company, valued at $1,541,018.40. The trade was a 2.20 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Van H. Singleton II purchased 2,000 shares of the firm's stock in a transaction dated Friday, February 21st. The stock was acquired at an average cost of $53.21 per share, for a total transaction of $106,420.00. Following the purchase, the insider now owns 289,135 shares in the company, valued at approximately $15,384,873.35. The trade was a 0.70 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 21,350 shares of company stock valued at $1,100,769. 6.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Matador Resources

Institutional investors have recently made changes to their positions in the stock. Franklin Resources Inc. boosted its position in shares of Matador Resources by 12.0% during the 3rd quarter. Franklin Resources Inc. now owns 1,008,421 shares of the energy company's stock worth $54,122,000 after purchasing an additional 107,827 shares during the period. Allspring Global Investments Holdings LLC boosted its position in shares of Matador Resources by 16.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 139,254 shares of the energy company's stock worth $8,088,000 after buying an additional 20,172 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Matador Resources by 3.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,491,570 shares of the energy company's stock valued at $83,916,000 after buying an additional 56,644 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Matador Resources by 49.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 300,301 shares of the energy company's stock valued at $16,895,000 after buying an additional 99,711 shares during the period. Finally, Shaker Investments LLC OH acquired a new position in Matador Resources during the 4th quarter worth about $546,000. 91.98% of the stock is currently owned by institutional investors and hedge funds.

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.

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