KeyCorp Equities Analysts Lower Earnings Estimates for MTDR

Matador Resources Company (NYSE:MTDR) – Analysts at KeyCorp reduced their Q3 2026 earnings estimates for shares of Matador Resources in a research report issued to clients and investors on Thursday, January 15th. KeyCorp analyst T. Rezvan now expects that the energy company will post earnings per share of $1.47 for the quarter, down from their prior estimate of $1.67. KeyCorp has a “Overweight” rating on the stock. The consensus estimate for Matador Resources’ current full-year earnings is $8.53 per share. KeyCorp also issued estimates for Matador Resources’ Q4 2026 earnings at $1.90 EPS, Q1 2027 earnings at $1.95 EPS, Q2 2027 earnings at $1.97 EPS, Q3 2027 earnings at $2.03 EPS, Q4 2027 earnings at $2.26 EPS and FY2027 earnings at $8.21 EPS.

A number of other research firms have also weighed in on MTDR. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Matador Resources in a research note on Friday, January 9th. Wells Fargo & Company lowered their price target on Matador Resources from $71.00 to $61.00 and set an “overweight” rating on the stock in a report on Friday, October 24th. Citigroup started coverage on shares of Matador Resources in a research report on Monday, December 8th. They set a “buy” rating and a $53.00 price objective on the stock. Bank of America dropped their target price on shares of Matador Resources from $55.00 to $50.00 and set a “buy” rating for the company in a research report on Monday, November 3rd. Finally, Morgan Stanley cut their target price on shares of Matador Resources from $62.00 to $61.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $59.91.

Matador Resources Trading Up 0.2%

Shares of MTDR stock opened at $42.93 on Monday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.69 and a current ratio of 0.73. The stock has a fifty day simple moving average of $42.33 and a two-hundred day simple moving average of $44.98. The firm has a market capitalization of $5.33 billion, a PE ratio of 6.86 and a beta of 1.09. Matador Resources has a 52-week low of $35.19 and a 52-week high of $63.68.

Matador Resources (NYSE:MTDR) last posted its quarterly earnings results on Tuesday, October 21st. The energy company reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.14. The business had revenue of $939.02 million during the quarter, compared to analyst estimates of $893.22 million. Matador Resources had a net margin of 20.46% and a return on equity of 14.80%. The company’s revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.89 earnings per share.

Institutional Investors Weigh In On Matador Resources

Several institutional investors have recently modified their holdings of MTDR. Vaughan Nelson Investment Management L.P. grew its stake in Matador Resources by 64.3% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 1,100,805 shares of the energy company’s stock worth $49,459,000 after purchasing an additional 431,010 shares in the last quarter. LSV Asset Management lifted its holdings in shares of Matador Resources by 45.7% in the 2nd quarter. LSV Asset Management now owns 3,334,775 shares of the energy company’s stock worth $159,135,000 after buying an additional 1,045,396 shares during the period. Thomist Capital Management LP bought a new position in shares of Matador Resources during the 2nd quarter worth $4,289,000. American Century Companies Inc. increased its stake in shares of Matador Resources by 7.4% during the second quarter. American Century Companies Inc. now owns 719,945 shares of the energy company’s stock valued at $34,356,000 after buying an additional 49,672 shares during the period. Finally, Ontario Teachers Pension Plan Board increased its stake in shares of Matador Resources by 432.6% during the second quarter. Ontario Teachers Pension Plan Board now owns 54,363 shares of the energy company’s stock valued at $2,594,000 after buying an additional 44,156 shares during the period. 91.98% of the stock is owned by institutional investors.

Insider Activity at Matador Resources

In other Matador Resources news, EVP Robert T. Macalik purchased 1,500 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was purchased at an average price of $38.25 per share, with a total value of $57,375.00. Following the acquisition, the executive vice president owned 35,039 shares in the company, valued at approximately $1,340,241.75. The trade was a 4.47% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Joseph Wm Foran purchased 1,000 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The stock was bought at an average price of $38.14 per share, with a total value of $38,140.00. Following the transaction, the chief executive officer owned 23,867 shares of the company’s stock, valued at $910,287.38. This represents a 4.37% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 37,346 shares of company stock valued at $1,463,396 over the last quarter. 5.80% of the stock is currently owned by insiders.

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.