Matador Resources (NYSE:MTDR) Raised to Strong-Buy at Wall Street Zen

Posted by George Bondi on Nov 7th, 2026

Matador Resources (NYSE:MTDR – Get Free Report) was upgraded by equities researchers at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report issued on Saturday, Wall Street Zen reports.

A number of other equities analysts have also weighed in on the stock. KeyCorp lifted their price target on shares of Matador Resources from $68.00 to $73.00 and gave the company an “overweight” rating in a report on Tuesday, September 15th. Mizuho reduced their target price on Matador Resources from $77.00 to $71.00 and set an “outperform” rating on the stock in a report on Monday, October 19th. Stifel Nicolaus initiated coverage on Matador Resources in a research note on Thursday, September 10th. They set a “buy” rating and a $66.00 price objective on the stock. UBS Group raised their price objective on Matador Resources from $56.00 to $64.00 and gave the stock a “neutral” rating in a research report on Monday, September 14th. Finally, Weiss Ratings raised shares of Matador Resources from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Twelve research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $68.50.

View Our Latest Analysis on Matador Resources

Matador Resources Trading Up 1.0%

Matador Resources stock opened at $50.38 on Friday. The business’s fifty day moving average is $56.21 and its 200 day moving average is $54.51. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.65 and a quick ratio of 0.62. Matador Resources has a one year low of $37.74 and a one year high of $66.84. The stock has a market capitalization of $6.23 billion, a PE ratio of 8.69 and a beta of 0.93.

Matador Resources (NYSE:MTDR – Get Free Report) last issued its quarterly earnings data on Tuesday, November 3rd. The energy company reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.85 by $0.23. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.12 billion. Matador Resources had a return on equity of 13.18% and a net margin of 19.85%. The company’s revenue for the quarter was up 33.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.36 EPS. On average, sell-side analysts predict that Matador Resources will post 8.12 EPS for the current year.

Insider Activity

In other news, EVP William Elsener purchased 900 shares of the stock in a transaction dated Thursday, November 5th. The stock was acquired at an average price of $51.48 per share, for a total transaction of $46,332.00. Following the completion of the transaction, the executive vice president owned 115,779 shares of the company’s stock, valued at approximately $5,960,302.92. The trade was a 0.78% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Joseph Foran purchased 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The shares were acquired at an average cost of $52.16 per share, for a total transaction of $521,600.00. Following the completion of the transaction, the chief executive officer directly owned 25,617 shares of the company’s stock, valued at $1,336,182.72. This trade represents a 64.03% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 26,544 shares of company stock worth $1,389,025 over the last three months. Insiders own 5.90% of the company’s stock.

Institutional Investors Weigh In On Matador Resources

Large investors have recently modified their holdings of the business. Diversified Trust Co increased its position in Matador Resources by 1.8% during the 3rd quarter. Diversified Trust Co now owns 24,436 shares of the energy company’s stock worth $1,260,000 after buying an additional 434 shares during the period. Allworth Financial LP boosted its stake in shares of Matador Resources by 27.6% in the 3rd quarter. Allworth Financial LP now owns 1,621 shares of the energy company’s stock valued at $81,000 after purchasing an additional 351 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Matador Resources by 60.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 185,598 shares of the energy company’s stock worth $9,573,000 after acquiring an additional 70,256 shares during the period. Fifth Third Bancorp raised its holdings in Matador Resources by 33.3% in the 3rd quarter. Fifth Third Bancorp now owns 150,931 shares of the energy company’s stock worth $7,785,000 after acquiring an additional 37,676 shares during the last quarter. Finally, Alpha Wealth Funds LLC purchased a new stake in shares of Matador Resources during the 3rd quarter valued at about $304,000. 91.98% of the stock is currently owned by institutional investors.

More Matador Resources News

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

Positive Sentiment: Three executives bought shares on November 5: EVP William Elsener purchased 900 shares, CFO Christopher Calvert bought 2,000, and CAO Benjamin Colodney bought 500. Insider buying can signal confidence in the company’s prospects. Insider purchase report
Positive Sentiment: Matador’s third-quarter results topped expectations: EPS was $2.08 versus $1.85 expected, while revenue reached $1.39 billion against $1.12 billion expected, up 33.9% year over year. The company also increased its quarterly dividend 17%, to $0.4375 per share. Q3 results presentation
Positive Sentiment: Truist raised its price target to $66 from $65 and maintained a Buy rating; Stifel Nicolaus also reaffirmed its Buy rating. Stifel Nicolaus rating
Neutral Sentiment: Scotiabank reaffirmed its Hold rating, suggesting a more cautious view alongside the recent Buy calls. Scotiabank rating
Negative Sentiment: A recent Q3 review pointed to margin compression despite production growth. That could temper the positive earnings and revenue surprises if profitability remains under pressure. Q3 analysis

Matador Resources Company Profile

(Get Free Report)

Matador Resources Company (NYSE: MTDR) is an independent energy company engaged in the exploration, development, production and acquisition of oil, natural gas and natural gas liquids. The company focuses primarily on unconventional, or shale, resource plays and operates across both upstream exploration and production and related midstream activities.

Matador’s principal exploration and production operations are located in the Delaware Basin in southeastern New Mexico and West Texas. Its midstream operations, conducted primarily through San Mateo Midstream, provide natural gas gathering and processing, crude oil and produced-water gathering, and water sourcing and disposal services that support the company’s operations and other producers in the region.

Founded in 2003 and headquartered in Dallas, Texas, Matador has historically expanded through development and acquisitions in U.S.