Truist Financial Forecasts Strong Price Appreciation for Matador Resources (NYSE:MTDR) Stock

Posted by George Bondi on Nov 5th, 2026

Matador Resources (NYSE:MTDR – Get Free Report) had its target price boosted by analysts at Truist Financial from $65.00 to $66.00 in a research note issued on Thursday, Benzinga reports. The firm currently has a “buy” rating on the energy company’s stock. Truist Financial‘s target price indicates a potential upside of 25.19% from the company’s current price.

MTDR has been the topic of several other reports. Seaport Research Partners assumed coverage on shares of Matador Resources in a research note on Thursday, September 3rd. They set a “neutral” rating 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 research note on Tuesday, September 15th. Mizuho dropped their price objective on shares of Matador Resources from $77.00 to $71.00 and set an “outperform” rating on the stock in a report on Monday, October 19th. Morgan Stanley increased their price objective on shares of Matador Resources from $66.00 to $69.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 15th. Finally, Weiss Ratings upgraded Matador Resources from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 23rd. Twelve investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $68.50.

Check Out Our Latest Stock Report on MTDR

Matador Resources Price Performance

Shares of MTDR stock traded up $2.35 during trading on Thursday, hitting $52.72. The company had a trading volume of 237,043 shares, compared to its average volume of 1,840,657. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.62 and a current ratio of 0.65. The firm has a market capitalization of $6.52 billion, a P/E ratio of 9.06 and a beta of 0.93. The stock’s 50-day moving average price is $56.44 and its 200 day moving average price is $54.44. Matador Resources has a one year low of $37.74 and a one year high of $66.84.

Matador Resources (NYSE:MTDR – Get Free Report) last posted its quarterly earnings data on Tuesday, November 3rd. The energy company reported $2.08 earnings per share for the quarter, topping the consensus estimate of $1.85 by $0.23. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.12 billion. Matador Resources had a return on equity of 14.53% and a net margin of 18.60%. The business’s quarterly revenue was up 33.9% on a year-over-year basis. During the same period last year, the company posted $1.36 EPS. Equities analysts expect that Matador Resources will post 8.09 EPS for the current fiscal year.

Insider Activity at Matador Resources

In other Matador Resources news, CFO Christopher P. Calvert acquired 2,500 shares of the stock in a transaction on Thursday, August 27th. The shares were purchased at an average price of $56.64 per share, for a total transaction of $141,600.00. Following the completion of the acquisition, the chief financial officer owned 44,000 shares in the company, valued at approximately $2,492,160. This represents a 6.02% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP William Elsener acquired 850 shares of the company’s stock in a transaction on 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 purchase, the executive vice president directly owned 114,879 shares of the company’s stock, valued at approximately $5,851,936.26. This represents a 0.75% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders acquired 23,144 shares of company stock valued at $1,211,793. 5.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Matador Resources

Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Matador Resources in the 2nd quarter valued at about $573,936,000. Dimensional Fund Advisors LP lifted its holdings in Matador Resources by 4.2% during the first quarter. Dimensional Fund Advisors LP now owns 6,948,104 shares of the energy company’s stock valued at $439,010,000 after purchasing an additional 277,839 shares during the last quarter. First Trust Advisors LP lifted its holdings in Matador Resources by 103.3% during the first quarter. First Trust Advisors LP now owns 1,595,415 shares of the energy company’s stock valued at $100,798,000 after purchasing an additional 810,808 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Matador Resources by 2.3% during the first quarter. Bank of New York Mellon Corp now owns 1,186,046 shares of the energy company’s stock worth $74,934,000 after purchasing an additional 26,205 shares during the period. Finally, Bank of America Corp DE bought a new position in Matador Resources during the second quarter worth about $42,184,000. 91.98% of the stock is owned by institutional investors.

Trending Headlines about Matador Resources

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

Positive Sentiment: Q3 results beat expectations. Matador reported earnings of $2.08 per share versus the cited consensus estimate of $1.85, and revenue of $1.39 billion versus $1.12 billion expected. Revenue grew 33.9% year over year, and earnings rose from $1.36 a year earlier. The company also extended its streak of quarterly earnings beats to six. Matador Resources Q3 Earnings and Revenues Beat Estimates
Positive Sentiment: Dividend increase and gas agreements add support. Coverage highlighted a 17% dividend increase and new long-term gas agreements in the Delaware Basin, which could bolster shareholder returns and provide greater commercial visibility. Matador Resources Q3 2026: Six Straight Beats, Dividend Up 17% Matador Resources Secures New Long Term Gas Agreements
Positive Sentiment: Buying and analyst views are supportive. Recent coverage points to insider and institutional buying and bullish analyst attention; one report cited average analyst price targets implying potential upside. These signals may bolster sentiment but do not guarantee a rebound. Matador Resources Insider Buying and the Case for a Dividend Stock Rebound
Negative Sentiment: Margin compression is a counterweight. A Q3 analysis noted margin pressure despite production growth. That concern could temper the impact of the earnings beat and dividend increase if investors focus on profitability, helping explain the shares’ range-bound performance. MTDR Q3 2026 Deep Dive

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.