Matador Resources (MTDR) Projected to Post Earnings on Wednesday

Matador Resources (NYSE:MTDR) is expected to release its Q1 2025 earnings data after the market closes on Wednesday, April 23rd. Analysts expect Matador Resources to post earnings of $1.96 per share and revenue of $980.87 million for the quarter.

Matador Resources (NYSE:MTDR) last released its earnings results on Tuesday, February 18th. The energy company reported $1.83 earnings per share for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.05). The firm had revenue of $970.37 million for the quarter, compared to analyst estimates of $967.10 million. Matador Resources had a return on equity of 18.52% and a net margin of 25.26%. On average, analysts expect Matador Resources to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Matador Resources Price Performance

Shares of MTDR stock opened at $40.10 on Tuesday. Matador Resources has a 12 month low of $35.19 and a 12 month high of $67.51. The company has a market capitalization of $5.02 billion, a P/E ratio of 5.62 and a beta of 2.74. The stock has a 50 day moving average of $47.88 and a two-hundred day moving average of $53.72. The company has a current ratio of 0.93, a quick ratio of 0.84 and a debt-to-equity ratio of 0.61.

Matador Resources Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 9th will be given a $0.3125 dividend. The ex-dividend date of this dividend is Friday, May 9th. This represents a $1.25 annualized dividend and a yield of 3.12%. Matador Resources’s dividend payout ratio (DPR) is currently 17.51%.

Insider Transactions at Matador Resources

In other news, insider Van H. Singleton II acquired 2,000 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The stock was acquired at an average cost of $53.21 per share, for a total transaction of $106,420.00. Following the completion of the acquisition, the insider now owns 289,135 shares in the company, valued at $15,384,873.35. This represents a 0.70 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Robert T. Macalik purchased 1,200 shares of Matador Resources stock in a transaction on Wednesday, March 5th. The shares were purchased at an average cost of $47.98 per share, with a total value of $57,576.00. Following the transaction, the chief accounting officer now owns 31,000 shares in the company, valued at approximately $1,487,380. The trade was a 4.03 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired a total of 21,350 shares of company stock valued at $1,100,769 over the last 90 days. 6.10% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on MTDR shares. Wells Fargo & Company decreased their target price on shares of Matador Resources from $87.00 to $86.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. Truist Financial increased their target price on Matador Resources from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Monday, January 13th. Morgan Stanley lowered their price target on Matador Resources from $84.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 27th. Raymond James reduced their target price on shares of Matador Resources from $77.00 to $67.00 and set an “outperform” rating on the stock in a research note on Monday, March 10th. Finally, Wolfe Research raised shares of Matador Resources from a “peer perform” rating to an “outperform” rating and set a $72.00 price target for the company in a report on Friday, January 3rd. One investment analyst has rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, Matador Resources presently has an average rating of “Moderate Buy” and an average target price of $72.43.

About Matador Resources

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas.