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

Matador Resources (NYSE:MTDR) had its price target boosted by equities researchers at Truist Financial from $65.00 to $66.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the energy company’s stock. Truist Financial‘s price target points to a potential upside of 25.19% from the stock’s current price.

Several other research analysts also recently commented on MTDR. Morgan Stanley raised their target price on Matador Resources from $66.00 to $69.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 15th. Stephens upped their price target on Matador Resources from $92.00 to $93.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. Citigroup lowered their price target on shares of Matador Resources from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Stifel Nicolaus initiated coverage on shares of Matador Resources in a research report on Thursday, September 10th. They issued a “buy” rating and a $66.00 price objective for the company. Finally, Wall Street Zen cut shares of Matador Resources from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 17th. Twelve analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Matador Resources presently has an average rating of “Moderate Buy” and a consensus price target of $68.50.

Matador Resources Stock Performance

Shares of NYSE:MTDR traded up $2.35 during trading on Thursday, hitting $52.72. 237,043 shares of the company were exchanged, compared to its average volume of 1,840,657. Matador Resources has a 52-week low of $37.74 and a 52-week high of $66.84. The stock has a 50 day moving average of $56.44 and a 200 day moving average of $54.44. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.65 and a quick ratio of 0.62. The company has a market cap of $6.52 billion, a PE ratio of 9.06 and a beta of 0.93.

Matador Resources (NYSE:MTDR) last announced its quarterly earnings results on Tuesday, November 3rd. The energy company reported $2.08 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.23. The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Matador Resources had a return on equity of 14.53% and a net margin of 18.60%. The firm’s quarterly revenue was up 33.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.36 earnings per share. As a group, equities research analysts predict that Matador Resources will post 8.09 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Joseph Foran acquired 555 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were acquired at an average cost of $54.49 per share, with a total value of $30,241.95. Following the transaction, the chief executive officer owned 4,772 shares in the company, valued at $260,026.28. The trade was a 13.16% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Christopher Calvert purchased 2,500 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 44,000 shares of the company’s stock, valued at $2,492,160. This represents a 6.02% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 23,144 shares of company stock worth $1,211,793 over the last three months. Company insiders own 5.90% of the company’s stock.

Hedge Funds Weigh In On Matador Resources

Hedge funds have recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Matador Resources in the second quarter worth approximately $573,936,000. Dimensional Fund Advisors LP boosted its position in Matador Resources by 4.2% in the first quarter. Dimensional Fund Advisors LP now owns 6,948,104 shares of the energy company’s stock worth $439,010,000 after purchasing an additional 277,839 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Matador Resources by 103.3% during the 1st 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 period. Bank of New York Mellon Corp grew its stake in shares of Matador Resources by 2.3% during the 1st quarter. Bank of New York Mellon Corp now owns 1,186,046 shares of the energy company’s stock valued at $74,934,000 after purchasing an additional 26,205 shares during the period. Finally, Bank of America Corp DE bought a new stake in shares of Matador Resources during the 2nd quarter valued at about $42,184,000. Institutional investors own 91.98% of the company’s stock.

Matador Resources News Summary

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

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.