Q2 Earnings Forecast for Matador Resources Issued By KeyCorp

Matador Resources Company (NYSE:MTDR) – Equities research analysts at KeyCorp raised their Q2 2026 earnings per share (EPS) estimates for shares of Matador Resources in a research note issued on Wednesday, June 3rd. KeyCorp analyst T. Rezvan now expects that the energy company will post earnings of $2.29 per share for the quarter, up from their prior estimate of $2.16. KeyCorp currently has a “Overweight” rating and a $73.00 price target on the stock. The consensus estimate for Matador Resources’ current full-year earnings is $7.47 per share. KeyCorp also issued estimates for Matador Resources’ Q4 2026 earnings at $2.34 EPS, Q2 2027 earnings at $2.47 EPS, Q3 2027 earnings at $2.45 EPS and FY2027 earnings at $10.29 EPS.

Matador Resources (NYSE:MTDR) last issued its earnings results on Wednesday, May 6th. The energy company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.24 by $0.29. Matador Resources had a return on equity of 11.20% and a net margin of 14.41%.The business had revenue of $941.60 million during the quarter, compared to the consensus estimate of $871.57 million. During the same quarter last year, the company earned $1.99 EPS. The firm’s revenue was down 33.8% compared to the same quarter last year.

Several other brokerages have also recently commented on MTDR. Weiss Ratings cut shares of Matador Resources from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 12th. Mizuho raised their price target on shares of Matador Resources from $74.00 to $77.00 and gave the company an “outperform” rating in a report on Wednesday, May 27th. TD Cowen boosted their price target on shares of Matador Resources from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, March 17th. Morgan Stanley upped their price target on shares of Matador Resources from $73.00 to $75.00 and gave the stock an “equal weight” rating in a report on Friday, May 22nd. Finally, Wells Fargo & Company increased their price objective on Matador Resources from $54.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 16th. Ten analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $65.08.

Matador Resources Trading Down 0.0%

Shares of Matador Resources stock opened at $53.54 on Monday. Matador Resources has a 12-month low of $37.14 and a 12-month high of $66.84. The company has a market cap of $6.65 billion, a price-to-earnings ratio of 13.76 and a beta of 0.75. The company has a current ratio of 0.73, a quick ratio of 0.70 and a debt-to-equity ratio of 0.59. The company’s 50-day moving average price is $59.01 and its 200-day moving average price is $51.01.

Matador Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 8th were given a dividend of $0.375 per share. The ex-dividend date was Friday, May 8th. This represents a $1.50 annualized dividend and a dividend yield of 2.8%. Matador Resources’s dividend payout ratio is 38.56%.

Insider Buying and Selling at Matador Resources

In other Matador Resources news, CEO Joseph Wm Foran purchased 4,675 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were purchased at an average cost of $52.36 per share, with a total value of $244,783.00. Following the completion of the purchase, the chief executive officer owned 6,997 shares of the company’s stock, valued at $366,362.92. The trade was a 201.34% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Christopher P. Calvert purchased 1,500 shares of the stock in a transaction on Friday, May 29th. The stock was acquired at an average cost of $53.24 per share, with a total value of $79,860.00. Following the completion of the purchase, the chief financial officer directly owned 41,500 shares of the company’s stock, valued at $2,209,460. The trade was a 3.75% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 7,407 shares of company stock worth $390,367 over the last ninety days. Insiders own 5.90% of the company’s stock.

Hedge Funds Weigh In On Matador Resources

A number of hedge funds have recently modified their holdings of MTDR. Vanguard Group Inc. grew its stake in shares of Matador Resources by 0.7% in the third quarter. Vanguard Group Inc. now owns 14,780,888 shares of the energy company’s stock worth $664,105,000 after purchasing an additional 101,613 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Matador Resources by 4.2% during the 1st 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. State Street Corp lifted its holdings in Matador Resources by 1.9% in the 4th quarter. State Street Corp now owns 4,617,864 shares of the energy company’s stock worth $195,982,000 after buying an additional 86,344 shares during the period. LSV Asset Management lifted its holdings in Matador Resources by 8.8% in the 4th quarter. LSV Asset Management now owns 3,842,011 shares of the energy company’s stock worth $163,055,000 after buying an additional 309,708 shares during the period. Finally, Wellington Management Group LLP grew its position in shares of Matador Resources by 65.0% in the 4th quarter. Wellington Management Group LLP now owns 3,406,182 shares of the energy company’s stock worth $144,558,000 after buying an additional 1,342,145 shares during the last quarter. Hedge funds and other institutional investors own 91.98% of the company’s stock.

About Matador Resources

Matador Resources Company is an independent energy firm primarily engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. The company focuses on upstream operations, utilizing horizontal drilling and hydraulic fracturing techniques to unlock hydrocarbons from key reservoirs. Its asset base includes both operated and non‐operated positions, with a particular emphasis on the Permian Basin, one of the most prolific oil-producing regions in North America.

Matador’s core operations are concentrated in the Delaware Basin segment of the Permian Basin, where it holds substantial acreage in both Reeves and Culberson counties in West Texas and Eddy and Lea counties in New Mexico.