Zacks Research Downgrades Matador Resources (NYSE:MTDR) to Hold

Matador Resources (NYSE:MTDR) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports. Zacks Research also issued estimates for Matador Resources’ Q2 2026 earnings at $1.54 EPS, Q3 2026 earnings at $1.74 EPS, Q4 2026 earnings at $1.77 EPS, FY2026 earnings at $6.58 EPS, Q1 2027 earnings at $2.06 EPS, Q2 2027 earnings at $2.19 EPS, Q4 2027 earnings at $1.88 EPS and FY2028 earnings at $7.27 EPS.

MTDR has been the topic of several other research reports. Roth Mkm restated a “neutral” rating and set a $65.00 price target (up from $52.00) on shares of Matador Resources in a research note on Wednesday, April 8th. Mizuho decreased their price objective on shares of Matador Resources from $76.00 to $74.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. KeyCorp upped their price objective on shares of Matador Resources from $61.00 to $73.00 and gave the stock an “overweight” rating in a report on Thursday, April 2nd. Citigroup decreased their price objective on shares of Matador Resources from $77.00 to $72.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Truist Financial raised shares of Matador Resources from a “hold” rating to a “buy” rating and upped their price objective for the stock from $60.00 to $67.00 in a report on Tuesday, May 12th. Ten research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $64.85.

Matador Resources Stock Down 5.0%

MTDR stock opened at $53.78 on Monday. The firm has a market capitalization of $6.68 billion, a P/E ratio of 13.83 and a beta of 0.81. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.73 and a quick ratio of 0.70. The company’s 50 day simple moving average is $59.61 and its 200-day simple moving average is $50.18. Matador Resources has a 52-week low of $37.14 and a 52-week high of $66.84.

Matador Resources (NYSE:MTDR) last posted its quarterly earnings results on Wednesday, May 6th. The energy company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.29. Matador Resources had a return on equity of 11.20% and a net margin of 14.41%.The company had revenue of $941.60 million during the quarter, compared to the consensus estimate of $871.57 million. During the same period last year, the business earned $1.99 EPS. The business’s quarterly revenue was down 33.8% on a year-over-year basis. As a group, equities research analysts anticipate that Matador Resources will post 7.36 EPS for the current year.

Institutional Trading of Matador Resources

A number of hedge funds have recently bought and sold shares of MTDR. Kestra Investment Management LLC boosted its holdings in Matador Resources by 225.2% in the 2nd quarter. Kestra Investment Management LLC now owns 517 shares of the energy company’s stock valued at $25,000 after purchasing an additional 358 shares during the period. V Square Quantitative Management LLC bought a new stake in Matador Resources in the 1st quarter valued at $27,000. Rothschild Investment LLC boosted its holdings in Matador Resources by 5,927.3% in the 3rd quarter. Rothschild Investment LLC now owns 663 shares of the energy company’s stock valued at $30,000 after purchasing an additional 652 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in Matador Resources in the 3rd quarter valued at $35,000. Finally, Center for Financial Planning Inc. bought a new stake in Matador Resources in the 1st quarter valued at $41,000. 91.98% of the stock is owned by institutional investors.

Matador Resources Company Profile

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.