Matador Resources - MTDR Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $74.30
Forecasted Upside: 13.24%
Number of Analysts: 10
Breakdown:
0 Sell Ratings
0 Hold Ratings
10 Buy Ratings
0 Strong Buy Ratings

^$65.61 As of 04/26/2024 01:00 AM ET

▲ +0.03 (0.05%)

1 month | 3 months | 12 months

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Analyst Price Target for MTDR

^$74.30

▲ +13.24% Upside Potential

This price target is based on 10 analysts offering 12 month price targets for Matador Resources in the last 3 months. The average price target is $74.30, with a high forecast of $87.00 and a low forecast of $62.00. The average price target represents a 13.24% upside from the last price of $65.61.

Current Consensus is Buy

The current consensus among 10 contributing investment analysts is to buy stock in Matador Resources. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
10 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

11/4/2022

0 strong buy ratings
10 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

2/2/2023

0 strong buy ratings
10 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

5/3/2023

0 strong buy ratings
10 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

8/1/2023

0 strong buy ratings
10 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

10/30/2023

0 strong buy ratings
10 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

1/28/2024

0 strong buy ratings
10 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

3/28/2024

0 strong buy ratings
10 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

4/27/2024

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/26/2024	Truist Financial	Boost Target	Buy ➝ Buy	$85.00 ➝ $87.00	Low
4/24/2024	Mizuho	Boost Target	Buy ➝ Buy	$76.00 ➝ $78.00	Low
4/23/2024	Benchmark	Lower Target	Buy ➝ Buy	$71.00 ➝ $62.00	Low
4/22/2024	KeyCorp	Boost Target	Overweight ➝ Overweight	$71.00 ➝ $76.00	Low
4/18/2024	Wells Fargo & Company	Boost Target	Overweight ➝ Overweight	$76.00 ➝ $85.00	Low
4/11/2024	JPMorgan Chase & Co.	Boost Target	Overweight ➝ Overweight	$76.00 ➝ $77.00	Low
4/5/2024	Truist Financial	Boost Target	Buy ➝ Buy	$82.00 ➝ $85.00	Low
4/1/2024	Mizuho	Boost Target	Buy ➝ Buy	$67.00 ➝ $76.00	Low
3/25/2024	Roth Mkm	Reiterated Rating	Buy ➝ Buy	$66.00	Low
3/18/2024	Mizuho	Boost Target	Buy ➝ Buy	$67.00 ➝ $76.00	Low
3/7/2024	Wells Fargo & Company	Boost Target	Overweight ➝ Overweight	$73.00 ➝ $76.00	Low
3/5/2024	Royal Bank of Canada	Reiterated Rating	Outperform ➝ Outperform	$70.00	Low
3/4/2024	TD Cowen	Boost Target	Outperform ➝ Outperform	$64.00 ➝ $72.00	Low
1/25/2024	Benchmark	Lower Target	Buy ➝ Buy	$71.00 ➝ $62.00	Low
1/11/2024	KeyCorp	Lower Target	Overweight ➝ Overweight	$76.00 ➝ $71.00	Low
1/8/2024	Raymond James	Lower Target	Outperform ➝ Outperform	$76.00 ➝ $70.00	Low
1/3/2024	Mizuho	Lower Target	Buy ➝ Buy	$83.00 ➝ $67.00	Low
11/15/2023	Wells Fargo & Company	Initiated Coverage	Overweight	$73.00	Low
10/31/2023	Mizuho	Boost Target	Buy ➝ Buy	$80.00 ➝ $83.00	Low
10/17/2023	KeyCorp	Boost Target	Overweight ➝ Overweight	$70.00 ➝ $76.00	Low
9/18/2023	Mizuho	Boost Target	Buy ➝ Buy	$78.00 ➝ $80.00	Low
8/16/2023	Mizuho	Upgrade	Neutral ➝ Buy	$66.00 ➝ $78.00	Low
7/27/2023	Truist Financial	Boost Target		$70.00 ➝ $76.00	Low
7/27/2023	KeyCorp	Boost Target	Overweight	$67.00 ➝ $70.00	Low
7/24/2023	Raymond James	Boost Target	Outperform	$61.00 ➝ $62.00	Low
7/24/2023	Truist Financial	Lower Target	Buy	$72.00 ➝ $70.00	Low
7/21/2023	Benchmark	Reiterated Rating	Buy ➝ Buy	$71.00	Low
7/12/2023	Royal Bank of Canada	Lower Target		$74.00 ➝ $70.00	Low
4/21/2023	Raymond James	Boost Target	Outperform	$57.00 ➝ $61.00	Low
4/18/2023	Benchmark	Lower Target		$75.00 ➝ $71.00	Low
4/14/2023	JPMorgan Chase & Co.	Boost Target	Overweight	$73.00 ➝ $74.00	Low
4/11/2023	Truist Financial	Boost Target	Buy	$68.00 ➝ $72.00	Low
3/27/2023	Raymond James	Lower Target		$78.00 ➝ $57.00	Low
3/10/2023	Mizuho	Lower Target		$72.00 ➝ $66.00	Low
2/27/2023	KeyCorp	Lower Target		$73.00 ➝ $67.00	Low
2/23/2023	Royal Bank of Canada	Reiterated Rating	Outperform	$78.00	Low
2/23/2023	Truist Financial	Lower Target	Buy	$79.00 ➝ $68.00	Low
2/17/2023	Roth Capital	Reiterated Rating	Buy		Low
1/25/2023	Cowen	Boost Target	Outperform	$67.00 ➝ $78.00	Low
1/9/2023	Mizuho	Initiated Coverage	Neutral	$70.00	Low
12/8/2022	KeyCorp	Lower Target	Overweight	$79.00 ➝ $73.00	Low
10/27/2022	KeyCorp	Boost Target	Overweight	$72.00 ➝ $79.00	Low
10/24/2022	Raymond James	Boost Target	Outperform	$60.00 ➝ $78.00	Low
10/14/2022	JPMorgan Chase & Co.	Lower Target	Overweight	$71.00 ➝ $67.00	Low
9/26/2022	Raymond James	Lower Target	Outperform	$70.00 ➝ $60.00	Low
9/21/2022	MKM Partners	Reiterated Rating	Buy	$68.00	Low
9/19/2022	KeyCorp	Initiated Coverage	Overweight	$72.00	Low
4/25/2022	Raymond James	Boost Target	Outperform	$70.00 ➝ $74.00	Medium
4/21/2022	Truist Financial	Boost Target		$71.00 ➝ $85.00	High
3/14/2022	Wells Fargo & Company	Boost Target	Overweight	$55.00 ➝ $66.00	High
3/4/2022	Raymond James	Boost Target	Outperform	$60.00 ➝ $70.00	High
2/24/2022	MKM Partners	Boost Target	Buy ➝ Buy	$50.00 ➝ $56.00	High
2/23/2022	Stifel Nicolaus	Boost Target	Buy	$56.00 ➝ $58.00	High
2/23/2022	Royal Bank of Canada	Boost Target	Outperform	$53.00 ➝ $57.00	High
1/25/2022	Raymond James	Boost Target	Outperform	$57.00 ➝ $60.00	High
11/19/2021	Wells Fargo & Company	Upgrade	Equal Weight ➝ Overweight	$46.00 ➝ $53.00	Medium
10/28/2021	Capital One Financial	Downgrade	Overweight ➝ Equal Weight	$46.00 ➝ $44.00	Medium
10/27/2021	Benchmark	Upgrade	Hold ➝ Buy	$50.00	High
10/26/2021	Raymond James	Boost Target	Outperform	$40.00 ➝ $57.00	High
10/26/2021	Benchmark	Initiated Coverage	Hold ➝ Hold		High
10/13/2021	Wells Fargo & Company	Boost Target	Equal Weight	$40.00 ➝ $46.00	Medium
10/7/2021	Truist Financial	Boost Target	Buy	$50.00 ➝ $54.00	Low
9/15/2021	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$36.00 ➝ $37.00	High
7/27/2021	Raymond James	Reiterated Rating	Outperform	$36.00 ➝ $30.69	High
7/16/2021	MKM Partners	Upgrade	Neutral ➝ Buy	$34.00 ➝ $40.00	High
7/1/2021	Truist Financial	Boost Target	Buy	$43.00 ➝ $50.00	Low
6/10/2021	MKM Partners	Downgrade	Buy ➝ Neutral	$33.00	Low
5/26/2021	Capital One Financial	Reiterated Rating	Overweight		Low
5/19/2021	Wells Fargo & Company	Boost Target	Equal Weight	$26.00 ➝ $34.00	High
5/13/2021	Siebert Williams Shank	Upgrade	Hold ➝ Buy		Low
5/11/2021	Northland Securities	Initiated Coverage	Outperform	$32.00	Low
4/30/2021	Raymond James	Boost Target	Outperform	$30.00 ➝ $36.00	High
3/24/2021	MKM Partners	Upgrade	Neutral ➝ Buy	$30.00	High
3/15/2021	Wells Fargo & Company	Reiterated Rating	Overweight ➝ Equal Weight	$26.00	N/A
3/9/2021	Wells Fargo & Company	Downgrade	Overweight ➝ Equal Weight	$26.00	High
2/9/2021	MKM Partners	Downgrade	Buy ➝ Neutral	$17.00 ➝ $19.00	Low
12/30/2020	Truist Financial	Boost Target		$13.00 ➝ $16.00	N/A
12/17/2020	BMO Capital Markets	Upgrade	Market Perform ➝ Outperform	$16.00	Low
10/23/2020	Wells Fargo & Company	Upgrade	Buy		High
9/22/2020	Capital One Financial	Upgrade	Equal Weight ➝ Overweight		High
9/22/2020	Truist Financial	Upgrade	Hold ➝ Buy	$12.00 ➝ $15.00	Medium
9/14/2020	Wells Fargo & Company	Upgrade	Equal Weight ➝ Overweight	$10.00 ➝ $13.00	High
7/30/2020	SunTrust Banks	Boost Target	Hold	$11.00 ➝ $12.00	Medium
7/24/2020	Siebert Williams Shank	Reiterated Rating	Hold	$11.00	Medium
7/23/2020	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$10.00	High
7/22/2020	Cowen	Upgrade	Market Perform ➝ Outperform	$9.25 ➝ $12.75	Low
7/20/2020	Northland Securities	Boost Target	Outperform	$7.00 ➝ $12.00	Medium
7/20/2020	Raymond James	Upgrade	Market Perform ➝ Outperform	$11.00	Low
7/20/2020	Stifel Nicolaus	Upgrade	Hold ➝ Buy	$8.00 ➝ $12.00	Low
7/16/2020	Imperial Capital	Boost Target	Outperform	$11.00 ➝ $13.00	Low
7/14/2020	MKM Partners	Upgrade	Neutral ➝ Buy	$12.00	High
7/13/2020	Scotiabank	Boost Target	Sector Outperform	$4.00 ➝ $14.00	High
6/25/2020	Wells Fargo & Company	Boost Target	Equal Weight	$8.00 ➝ $10.00	High
6/19/2020	Wells Fargo & Company	Boost Target	Equal Weight	$7.00 ➝ $8.00	High
6/9/2020	MKM Partners	Downgrade	Buy ➝ Neutral	$12.00	Low
6/4/2020	Royal Bank of Canada	Reiterated Rating	Buy		Medium
5/1/2020	SunTrust Banks	Boost Target	Hold	$6.00 ➝ $7.00	Medium
5/1/2020	MKM Partners	Boost Target	Buy	$9.00 ➝ $11.00	High
5/1/2020	Imperial Capital	Boost Target	Outperform	$6.00 ➝ $11.00	Low
4/30/2020	Royal Bank of Canada	Reiterated Rating	Buy	$9.00	High
4/30/2020	Siebert Williams Shank	Reiterated Rating	Hold	$4.00	High
4/16/2020	Imperial Capital	Lower Target	Outperform	$25.00 ➝ $6.00	Medium
4/14/2020	Capital One Financial	Downgrade	Overweight ➝ Equal Weight		Medium
4/14/2020	Northland Securities	Reiterated Rating	Buy		High
4/9/2020	SunTrust Banks	Lower Target	Hold	$8.00 ➝ $4.00	High
3/20/2020	Stephens	Downgrade	Overweight ➝ Equal Weight	$6.00	High
3/19/2020	Wells Fargo & Company	Lower Target	Equal Weight	$13.00 ➝ $4.00	High
3/17/2020	Raymond James	Downgrade	Outperform ➝ Market Perform		High
3/16/2020	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform		High
3/10/2020	Royal Bank of Canada	Lower Target	Reduce ➝ Outperform	$24.00 ➝ $13.00	High
3/9/2020	Siebert Williams Shank	Downgrade	Buy ➝ Hold		High
3/9/2020	Stifel Nicolaus	Downgrade	Buy ➝ Hold	$24.00 ➝ $6.00	High
3/9/2020	SunTrust Banks	Downgrade	Buy ➝ Hold	$8.00	High
2/27/2020	Imperial Capital	Boost Target	Outperform	$23.00 ➝ $25.00	High
2/26/2020	Siebert Williams Shank	Reiterated Rating	Buy	$23.00	High
2/5/2020	Tudor Pickering	Downgrade	Buy ➝ Hold	$14.00	High
1/9/2020	Wells Fargo & Company	Lower Target	Equal Weight	$28.00 ➝ $23.00	Medium
11/12/2019	Wells Fargo & Company	Lower Target	Market Perform	$29.00 ➝ $28.00	Low
10/30/2019	Williams Capital	Reiterated Rating	Buy	$26.00	High
10/30/2019	Northland Securities	Reiterated Rating	Buy	$22.00	High
10/4/2019	Capital One Financial	Upgrade	Equal Weight ➝ Overweight	$17.00 ➝ $22.00	Low
9/30/2019	Stifel Nicolaus	Set Target	Buy	$22.00	Low
9/18/2019	Williams Capital	Initiated Coverage	Buy	$26.00	Medium
8/12/2019	Stifel Nicolaus	Set Target	Buy	$24.00	Medium
7/23/2019	Stephens	Upgrade	Equal Weight ➝ Overweight	$22.00 ➝ $24.00	Medium
7/11/2019	Wells Fargo & Company	Set Target	Hold	$33.00	Medium
6/7/2019	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$28.00 ➝ $26.00	High
5/28/2019	MKM Partners	Upgrade	Neutral ➝ Buy	$22.00	Low
5/17/2019	MKM Partners	Reiterated Rating	Buy ➝ Neutral	$22.00	Medium

(Data available from 4/27/2019 forward)

News Sentiment Rating

0.66 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

17 very positive mentions
4 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

9/30/2023

20 very positive mentions
14 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

10/30/2023

5 very positive mentions
8 positive mentions
2 negative mentions
5 very negative mentions

Mentions as of

11/29/2023

17 very positive mentions
11 positive mentions
2 negative mentions
1 very negative mentions

Mentions as of

12/29/2023

13 very positive mentions
6 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

1/28/2024

26 very positive mentions
22 positive mentions
3 negative mentions
0 very negative mentions

Mentions as of

2/27/2024

22 very positive mentions
23 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

3/28/2024

22 very positive mentions
25 positive mentions
4 negative mentions
0 very negative mentions

Mentions as of

4/27/2024

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

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. It also operates the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. In addition, the company conducts midstream operations in support of its exploration, development, and production operations. Further, it provides natural gas processing and oil transportation services; and oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. The company sells natural gas to unaffiliated independent marketing companies and unaffiliated midstream companies. The company was formerly known as Matador Holdco, Inc. and changed its name to Matador Resources Company in August 2011. Matador Resources Company was founded in 2003 and is headquartered in Dallas, Texas.

Today's Range

Now: $65.61

$64.62

$65.90

50 Day Range

MA: $65.50

$58.72

$70.15

52 Week Range

Now: $65.61

$42.04

$71.08

Volume

892,747 shs

Average Volume

1,604,677 shs

Market Capitalization

$7.84 billion

P/E Ratio

8.99

Dividend Yield

1.22%

Beta

3.32

Frequently Asked Questions

What sell-side analysts currently cover shares of Matador Resources?: The following Wall Street analysts have issued stock ratings on Matador Resources in the last year: Benchmark Co., JPMorgan Chase & Co., KeyCorp, Mizuho, Raymond James, Roth Mkm, Royal Bank of Canada, StockNews.com, TD Cowen, Truist Financial Co., and Wells Fargo & Company.
View the latest analyst ratings for MTDR.
What is the current price target for Matador Resources?: 10 Wall Street analysts have set twelve-month price targets for Matador Resources in the last year. Their average twelve-month price target is $74.30, suggesting a possible upside of 13.2%. Truist Financial Co. has the highest price target set, predicting MTDR will reach $87.00 in the next twelve months. Benchmark Co. has the lowest price target set, forecasting a price of $62.00 for Matador Resources in the next year.
View the latest price targets for MTDR.
What is the current consensus analyst rating for Matador Resources?: Matador Resources currently has 10 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MTDR will outperform the market and that investors should add to their positions of Matador Resources.
View the latest ratings for MTDR.
What other companies compete with Matador Resources?: Other companies that are similar to Matador Resources include Southwestern Energy, Range Resources, SM Energy, Kosmos Energy and Comstock Resources. Learn More about companies similar to Matador Resources.
How do I contact Matador Resources' investor relations team?: Matador Resources' physical mailing address is 5400 LBJ Freeway Suite 1500, Dallas TX, 75240. The energy company's listed phone number is (972) 371-5200 and its investor relations email address is [email protected]. The official website for Matador Resources is www.matadorresources.com. Learn More about contacing Matador Resources investor relations.

Matador Resources - MTDR Stock Price Target and Predictions

Analyst Price Target for MTDR

Current Consensus is Buy

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.66 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Matador Resources?

What is the current price target for Matador Resources?

What is the current consensus analyst rating for Matador Resources?

What other companies compete with Matador Resources?

How do I contact Matador Resources' investor relations team?