Zacks Research Issues Pessimistic Forecast for MTDR Earnings

04 Oct 2026, 01:28 by Teresa Graham · The Cerbat Gem

Matador Resources Company (NYSE:MTDR – Free Report) – Analysts at Zacks Research decreased their Q3 2028 EPS estimates for Matador Resources in a research note issued on Tuesday, September 29th. Zacks Research analyst Team now expects that the energy company will post earnings per share of $1.76 for the quarter, down from their prior estimate of $1.83. The consensus estimate for Matador Resources’ current full-year earnings is $7.54 per share.

Matador Resources (NYSE:MTDR – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The energy company reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.53. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.06 billion. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%. The business’s quarterly revenue was up 32.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.53 earnings per share.

Several other research analysts have also issued reports on MTDR. Weiss Ratings lowered Matador Resources from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, September 4th. Morgan Stanley lowered their target price on Matador Resources from $75.00 to $66.00 and set an “equal weight” rating on the stock in a research report on Monday, June 29th. Citigroup cut their target price on Matador Resources from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Seaport Research Partners started coverage on shares of Matador Resources in a research report on Thursday, September 3rd. They issued a “neutral” rating for the company. Finally, UBS Group boosted their price target on shares of Matador Resources from $56.00 to $64.00 and gave the company a “neutral” rating in a research note on Monday, September 14th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $66.80.

Read Our Latest Report on MTDR

Matador Resources Stock Performance

Shares of Matador Resources stock opened at $53.58 on Friday. Matador Resources has a one year low of $37.14 and a one year high of $66.84. The firm has a market capitalization of $6.63 billion, a price-to-earnings ratio of 9.19 and a beta of 0.98. The business has a 50-day simple moving average of $54.66 and a 200 day simple moving average of $55.69. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.65 and a quick ratio of 0.62.

Matador Resources Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Monday, August 10th were issued a dividend of $0.3750 per share. The ex-dividend date was Monday, August 10th. This represents a $1.50 annualized dividend and a yield of 2.8%. Matador Resources’s dividend payout ratio is 25.73%.

Insider Activity at Matador Resources

In related news, EVP William Elsener acquired 850 shares of the company’s stock in a transaction on Monday, August 10th. The shares were acquired at an average cost of $50.94 per share, for a total transaction of $43,299.00. Following the purchase, the executive vice president owned 114,879 shares in the company, valued at approximately $5,851,936.26. The trade was a 0.75% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Christopher Calvert bought 2,500 shares of Matador Resources stock in a transaction dated Thursday, August 27th. The stock was purchased at an average price of $56.64 per share, with a total value of $141,600.00. Following the purchase, 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 ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders purchased 23,144 shares of company stock valued at $1,211,793. 5.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Matador Resources

A number of institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Matador Resources during the 2nd quarter worth approximately $573,936,000. Dimensional Fund Advisors LP grew its holdings in shares of 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 valued at $439,010,000 after acquiring an additional 277,839 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Matador Resources by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 2,236,457 shares of the energy company’s stock valued at $94,942,000 after acquiring an additional 18,729 shares during the last quarter. Clearbridge Investments LLC increased its position in shares of Matador Resources by 0.3% during the fourth quarter. Clearbridge Investments LLC now owns 1,777,883 shares of the energy company’s stock valued at $75,453,000 after acquiring an additional 5,529 shares during the last quarter. Finally, 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 worth $100,798,000 after acquiring an additional 810,808 shares during the period. 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: Matador Resources completed the Paloma Permian acquisition, potentially expanding its Permian Basin operating scale and future production base. The closing removes transaction uncertainty and may support longer-term growth and cost efficiencies. Matador Resources Closes Paloma Permian Acquisition
Positive Sentiment: The company provided additional integration details, which may reassure investors that management has a plan for combining the acquired operations and capturing potential synergies. Matador Resources Company Closes Paloma Acquisition and Provides Additional Integration Details
Positive Sentiment: Zacks Research raised its Matador EPS forecast for third-quarter 2026 to $1.10 from $0.99, fourth-quarter 2026 to $1.42 from $1.24, and full-year 2026 to $6.66 from $6.37. Estimates for second-quarter 2027 and second-quarter 2028 were also increased, indicating improved expectations for several periods.
Neutral Sentiment: Analyst estimate revisions were mixed: Zacks lowered forecasts for first-quarter 2028, third-quarter 2027 and third-quarter 2028, while increasing estimates for other quarters. The changes suggest a more uneven earnings outlook rather than a broad reassessment of Matador’s fundamentals.
Negative Sentiment: The acquisition creates execution and integration risks, including the possibility that expected benefits take longer to materialize or that transaction-related costs weigh on results. Investors will likely focus on operating performance and balance-sheet effects in coming quarters.

Matador Resources Company Profile

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Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas properties. Its operations are focused primarily on unconventional, or shale, formations, with oil, natural gas and natural gas liquids among its principal products.

The company’s main exploration and production activities are concentrated in the Delaware Basin, part of the Permian Basin in southeastern New Mexico and West Texas. Matador has also historically held interests in other U.S.