MTDR Stock Gets Stronger EPS Forecast from Zacks Research

Posted by Francis Steltz on Nov 3rd, 2026

Matador Resources Company (NYSE:MTDR – Free Report) – Equities researchers at Zacks Research increased their Q3 2026 earnings estimates for Matador Resources in a research report issued to clients and investors on Thursday, October 29th. Zacks Research analyst Team now expects that the energy company will post earnings per share of $1.78 for the quarter, up from their previous estimate of $1.10. The consensus estimate for Matador Resources’ current full-year earnings is $7.94 per share. Zacks Research also issued estimates for Matador Resources’ Q4 2026 earnings at $1.89 EPS, FY2026 earnings at $7.82 EPS, Q1 2027 earnings at $2.13 EPS, Q2 2027 earnings at $2.47 EPS, Q3 2027 earnings at $1.81 EPS, FY2027 earnings at $7.82 EPS, Q3 2028 earnings at $1.46 EPS and FY2028 earnings at $7.46 EPS.

Matador Resources (NYSE:MTDR – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The energy company reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.53. Matador Resources had a return on equity of 13.18% and a net margin of 19.85%. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the company earned $1.53 earnings per share. Matador Resources’s quarterly revenue was up 32.5% on a year-over-year basis.

Other equities research analysts have also issued reports about the company. Weiss Ratings raised Matador Resources from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Mizuho decreased their target price on Matador Resources from $77.00 to $71.00 and set an “outperform” rating for the company in a research note on Monday, October 19th. UBS Group upped their target price on Matador Resources from $56.00 to $64.00 and gave the company a “neutral” rating in a report on Monday, September 14th. KeyCorp increased their price target on Matador Resources from $68.00 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 15th. Finally, Wells Fargo & Company cut their target price on Matador Resources from $77.00 to $76.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 14th. Twelve analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $68.43.

Check Out Our Latest Report on Matador Resources

Matador Resources Price Performance

Shares of MTDR opened at $55.66 on Monday. The firm has a market cap of $6.89 billion, a price-to-earnings ratio of 9.55 and a beta of 0.98. The stock has a 50 day moving average of $56.61 and a 200-day moving average of $54.35. The company has a current ratio of 0.65, a quick ratio of 0.62 and a debt-to-equity ratio of 0.67. Matador Resources has a 52 week low of $37.14 and a 52 week high of $66.84.

Matador Resources Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Tuesday, November 10th will be given a dividend of $0.4375 per share. This is a positive change from Matador Resources’s previous quarterly dividend of $0.3750. The ex-dividend date is Tuesday, November 10th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.1%. Matador Resources’s payout ratio is presently 25.73%.

Insider Transactions at Matador Resources

In related news, EVP William Elsener acquired 850 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was acquired at an average cost of $50.94 per share, for a total transaction of $43,299.00. Following the completion of the acquisition, the executive vice president directly owned 114,879 shares of the company’s stock, valued at approximately $5,851,936.26. The trade was a 0.75% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Christopher Calvert acquired 2,500 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were bought at an average price of $56.64 per share, for a total transaction of $141,600.00. Following the purchase, the chief financial officer directly owned 44,000 shares of the company’s stock, valued at approximately $2,492,160. This trade represents a 6.02% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders purchased 23,144 shares of company stock valued at $1,211,793. Company insiders own 5.90% of the company’s stock.

Institutional Investors Weigh In On Matador Resources

Institutional investors and hedge funds have recently bought and sold shares of the business. Allworth Financial LP boosted its position in Matador Resources by 16.1% during the 2nd quarter. Allworth Financial LP now owns 1,270 shares of the energy company’s stock worth $63,000 after acquiring an additional 176 shares during the period. Oregon Public Employees Retirement Fund grew its stake in Matador Resources by 0.8% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 24,338 shares of the energy company’s stock valued at $1,255,000 after acquiring an additional 200 shares in the last quarter. Altshuler Shaham Ltd grew its stake in Matador Resources by 36.7% during the 1st quarter. Altshuler Shaham Ltd now owns 748 shares of the energy company’s stock valued at $47,000 after acquiring an additional 201 shares in the last quarter. Smith Group Asset Management LLC increased its holdings in shares of Matador Resources by 1.6% in the 3rd quarter. Smith Group Asset Management LLC now owns 12,941 shares of the energy company’s stock valued at $667,000 after purchasing an additional 208 shares during the period. Finally, Crossmark Global Holdings Inc. increased its holdings in shares of Matador Resources by 2.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 8,536 shares of the energy company’s stock valued at $440,000 after purchasing an additional 214 shares during the period. 91.98% of the stock is owned by institutional investors and hedge funds.

About Matador Resources

(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.