KeyCorp Research Analysts Reduce Earnings Estimates for MTDR

Matador Resources (NYSE:MTDR) – Analysts at KeyCorp lowered their Q1 2025 EPS estimates for shares of Matador Resources in a research note issued on Sunday, April 20th. KeyCorp analyst T. Rezvan now expects that the energy company will earn $1.91 per share for the quarter, down from their prior estimate 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) last released its quarterly earnings data on Wednesday, April 23rd. The energy company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.25. Matador Resources had a return on equity of 18.52% and a net margin of 25.26%. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $980.87 million.

A number of other research analysts have also recently issued reports on MTDR. Benchmark reissued a “buy” rating and set a $62.00 price objective on shares of Matador Resources in a report on Friday, January 17th. Wolfe Research raised shares of Matador Resources from a “peer perform” rating to an “outperform” rating and set a $72.00 price objective on the stock in a research note on Friday, January 3rd. Raymond James cut their target price on shares of Matador Resources from $77.00 to $67.00 and set an “outperform” rating for the company in a research note on Monday, March 10th. Truist Financial increased their price target on Matador Resources from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. cut their price objective on Matador Resources from $65.00 to $61.00 and set an “overweight” rating for the company 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 stock. According to MarketBeat.com, Matador Resources has an average rating of “Moderate Buy” and a consensus target price of $70.73.

Matador Resources Price Performance

Shares of MTDR stock opened at $40.71 on Wednesday. The stock’s fifty day simple moving average is $46.90 and its 200 day simple moving average is $53.45. Matador Resources has a one year low of $35.19 and a one year high of $66.89. The firm has a market cap of $5.10 billion, a price-to-earnings ratio of 5.70 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 firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 9th will be issued a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date is Friday, May 9th. Matador Resources’s dividend payout ratio is presently 17.51%.

Matador Resources declared that its board has initiated a share buyback program on Wednesday, April 23rd that permits the company to buyback $400.00 million in shares. This buyback authorization permits the energy company to reacquire up to 7.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling at Matador Resources

In related news, CEO Joseph Wm Foran bought 6,000 shares of the firm’s stock in a transaction dated Friday, February 21st. The stock was bought at an average cost of $53.94 per share, for a total transaction of $323,640.00. Following the transaction, the chief executive officer now owns 39,379 shares of the company’s stock, valued at $2,124,103.26. This represents a 17.98 % 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 hyperlink. Also, EVP Glenn W. Stetson purchased 1,000 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The stock was purchased at an average price of $53.06 per share, for a total transaction of $53,060.00. Following the completion of the transaction, the executive vice president now directly owns 91,680 shares in the company, valued at $4,864,540.80. This trade represents a 1.10 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 21,350 shares of company stock worth $1,100,769. Insiders own 6.10% of the company’s stock.

Hedge Funds Weigh In On Matador Resources

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. TCTC Holdings LLC lifted its holdings in Matador Resources by 53.8% during the fourth quarter. TCTC Holdings LLC now owns 500 shares of the energy company’s stock worth $28,000 after acquiring an additional 175 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Matador Resources by 68.3% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 510 shares of the energy company’s stock valued at $29,000 after purchasing an additional 207 shares in the last quarter. Atria Investments Inc grew its position in shares of Matador Resources by 3.1% in the 4th quarter. Atria Investments Inc now owns 8,188 shares of the energy company’s stock valued at $461,000 after purchasing an additional 249 shares during the period. EverSource Wealth Advisors LLC increased its stake in Matador Resources by 108.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 492 shares of the energy company’s stock worth $28,000 after purchasing an additional 256 shares in the last quarter. Finally, Arizona State Retirement System raised its holdings in Matador Resources by 0.8% during the 4th quarter. Arizona State Retirement System now owns 34,413 shares of the energy company’s stock worth $1,936,000 after buying an additional 280 shares during the period. 91.98% of the stock is owned by institutional investors.

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.