What is Zacks Research’s Forecast for MTDR Q3 Earnings?

Matador Resources Company (NYSE:MTDR) – Equities research analysts at Zacks Research increased their Q3 2026 EPS estimates for Matador Resources in a research report issued on Thursday, October 29th. Zacks Research analyst Team now expects that the energy company will earn $1.78 per share for the quarter, up from their prior estimate of $1.10. The consensus estimate for Matador Resources’ current full-year earnings is $7.94 per share. Zacks Research also issued estimates for Matador Resources’ Q4 2026 earnings at $1.89 EPS, FY2026 earnings at $7.82 EPS, Q1 2027 earnings at $2.13 EPS, Q2 2027 earnings at $2.47 EPS, Q3 2027 earnings at $1.81 EPS, FY2027 earnings at $7.82 EPS, Q3 2028 earnings at $1.46 EPS and FY2028 earnings at $7.46 EPS.

Matador Resources (NYSE:MTDR) last issued its quarterly earnings results on Tuesday, November 3rd. The energy company reported $2.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.25. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%. The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the business posted $1.36 earnings per share. Matador Resources’s revenue for the quarter was up 33.9% compared to the same quarter last year.

Other equities research analysts also recently issued research reports about the company. Scotiabank began coverage on Matador Resources in a research report on Thursday, October 15th. They set a “sector perform” rating and a $59.00 target price for the company. Stephens boosted their price objective on Matador Resources from $92.00 to $93.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. Mizuho cut their target price on shares of Matador Resources from $77.00 to $71.00 and set an “outperform” rating on the stock in a research report on Monday, October 19th. Citigroup reduced their target price on shares of Matador Resources from $68.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, August 11th. Finally, Truist Financial raised their price objective on shares of Matador Resources from $59.00 to $65.00 and gave the company a “buy” rating in a research note on Wednesday, October 14th. Twelve investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $68.43.

Matador Resources Stock Down 2.4%

Shares of MTDR opened at $54.43 on Monday. The firm has a market capitalization of $6.74 billion, a price-to-earnings ratio of 9.34 and a beta of 0.93. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.62 and a current ratio of 0.65. The business’s fifty day moving average price is $56.55 and its two-hundred day moving average price is $54.40. Matador Resources has a 52 week low of $37.14 and a 52 week high of $66.84.

Matador Resources Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Tuesday, November 10th will be given a $0.4375 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.2%. This is a positive change from Matador Resources’s previous quarterly dividend of $0.3750. Matador Resources’s dividend payout ratio is 25.73%.

Insider Activity at Matador Resources

In other news, CEO Joseph Foran bought 555 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were bought at an average cost of $54.49 per share, for a total transaction of $30,241.95. Following the completion of the acquisition, the chief executive officer owned 4,772 shares in the company, valued at approximately $260,026.28. This trade represents a 13.16% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP William Elsener purchased 850 shares of Matador Resources stock in a transaction dated Monday, August 10th. The shares were purchased at an average cost of $50.94 per share, for a total transaction of $43,299.00. Following the completion of the transaction, the executive vice president owned 114,879 shares of the company’s stock, valued at approximately $5,851,936.26. This represents a 0.75% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 23,144 shares of company stock worth $1,211,793 in the last ninety days. Company insiders own 5.90% of the company’s stock.

Institutional Trading of Matador Resources

Several hedge funds have recently added to or reduced their stakes in the business. Allworth Financial LP raised its stake in Matador Resources by 16.1% in the second quarter. Allworth Financial LP now owns 1,270 shares of the energy company’s stock valued at $63,000 after buying an additional 176 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in shares of Matador Resources by 0.8% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 24,338 shares of the energy company’s stock worth $1,255,000 after acquiring an additional 200 shares during the period. Altshuler Shaham Ltd increased its holdings in shares of Matador Resources by 36.7% during the 1st quarter. Altshuler Shaham Ltd now owns 748 shares of the energy company’s stock worth $47,000 after acquiring an additional 201 shares during the last quarter. Smith Group Asset Management LLC increased its holdings in shares of Matador Resources by 1.6% during the 3rd quarter. Smith Group Asset Management LLC now owns 12,941 shares of the energy company’s stock worth $667,000 after acquiring an additional 208 shares during the last quarter. Finally, Crossmark Global Holdings Inc. raised its stake in Matador Resources by 2.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 8,536 shares of the energy company’s stock valued at $440,000 after acquiring an additional 214 shares during the period. Institutional investors and hedge funds own 91.98% of the company’s stock.

Key Matador Resources News

Here are the key news stories impacting Matador Resources this week:

• Positive Sentiment: Matador reported third-quarter earnings of $2.08 per share, above analyst estimates of about $1.83, and revenue of $1.39 billion versus estimates of $1.12 billion. Revenue rose 33.9% year over year, while EPS increased from $1.36 a year earlier. The earnings and revenue beats may support investor sentiment. Matador Resources Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Matador’s 51%-owned San Mateo Midstream joint venture expanded its Delaware Basin infrastructure and signed two agreements with a producer, including a new long-term, fixed-fee natural gas gathering and processing deal. The arrangements could add stable, fee-based midstream revenue. San Mateo Infrastructure Expansion and Agreements
• Positive Sentiment: A Zacks report noted that analysts’ average price target implied potential upside of 26.8%, and cited positive earnings-estimate revisions. Price targets are forecasts, not a guarantee of future performance. Analyst Price Targets for Matador
• Neutral Sentiment: Despite these favorable updates, the supplied articles do not point to a clear reason for the shares’ decline in the reported session. Broader market or energy-sector factors may be relevant, but are not detailed in this coverage.

Matador Resources Company Profile

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.