<div id="readability-page-1"><p>Matador Resources Company (NYSE:MTDR - Get Free Report) has been assigned a consensus recommendation of &#34;Moderate Buy&#34; from the sixteen brokerages that are currently  covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation, twelve have given a buy recommendation and one  has issued  a strong buy recommendation on  the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $66.3571.</p><ul><li>3 Mid-Cap Energy Firms Analysts See Moving Up to the Big Leagues</li></ul><p>A number of research firms have recently commented on MTDR. KeyCorp cut their price objective on shares of Matador Resources from $62.00 to $61.00 and set an &#34;overweight&#34; rating for the company in a research report on Wednesday, September 3rd. Morgan Stanley cut their price objective on shares of Matador Resources from $62.00 to $61.00 and set an &#34;equal weight&#34; rating for the company in a research report on Tuesday. Royal Bank Of Canada raised their price objective on shares of Matador Resources from $60.00 to $62.00 and gave the company an &#34;outperform&#34; rating in a research report on Wednesday, October 8th. Wells Fargo &amp; Company cut their price objective on shares of Matador Resources from $77.00 to $76.00 and set an &#34;overweight&#34; rating for the company in a research report on Monday, October 13th. Finally, Raymond James Financial raised their price objective on shares of Matador Resources from $60.00 to $63.00 and gave the company an &#34;outperform&#34; rating in a research report on Thursday, July 31st.</p><div><p><span></span><span>Get <strong>Matador Resources</strong> alerts:</span></p></div><p><b>Check Out Our Latest Analysis on MTDR</b></p><h2>Matador Resources Price Performance</h2><ul><li>5 Highly Rated Dividends With 50% Upside According to Analysts</li></ul><p>Shares of NYSE:MTDR opened at $43.00 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.85 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $5.35 billion, a PE ratio of 6.30 and a beta of 1.41. Matador Resources has a twelve month low of $35.19 and a twelve month high of $64.04. The company has a 50-day moving average price of $46.80 and a two-hundred day moving average price of $46.18. </p><p>Matador Resources (NYSE:MTDR - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The energy company reported $1.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.29 by $0.24. Matador Resources had a net margin of 22.57% and a return on equity of 16.53%. The firm had revenue of $895.31 million for the quarter, compared to the consensus estimate of $892.86 million. During the same period in the prior year, the firm posted $2.05 earnings per share. The company's revenue for the quarter was up 8.2% on a year-over-year basis.  Equities analysts forecast that  Matador Resources will post 8.53 EPS for the current year. </p><h2>Matador Resources Increases Dividend</h2><p>The business also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Monday, November 10th will be paid a $0.375 dividend. This is an increase from Matador Resources's previous quarterly dividend of $0.31. This represents a $1.50 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Monday, November 10th. Matador Resources's payout ratio is 18.30%. </p><h2>Insider Activity at Matador Resources</h2><p>In related news, EVP William Thomas Elsener bought 600 shares of the stock in a transaction that occurred on Thursday, September 11th. The shares were acquired at an average cost of $48.46 per share, with a total value of $29,076.00. Following the completion of the purchase, the executive vice president directly owned 112,069 shares of the company's stock, valued at $5,430,863.74. This trade represents a 0.54% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Joseph Wm Foran bought 2,000 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was bought at an average cost of $48.15 per share, for a total transaction of $96,300.00. Following the completion of the purchase, the chief executive officer directly owned 8,025 shares of the company's stock, valued at $386,403.75. This represents a 33.20% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 11,380 shares of company stock valued at $549,188 over the last three months. 5.80% of the stock is owned by corporate insiders. </p><h2>Institutional Investors Weigh In On Matador Resources</h2><p>A number of institutional investors and hedge funds have recently bought and sold shares of the stock. CWM LLC raised its stake in  Matador Resources by 56.4% in the third quarter. CWM LLC now owns 28,124 shares of the energy company's stock valued at $1,264,000 after purchasing an additional 10,143 shares in the last quarter.  Exchange Traded Concepts LLC raised its stake in shares of  Matador Resources by 105.3% during the third quarter. Exchange Traded Concepts LLC now owns 15,489 shares of the energy company's stock worth $696,000 after acquiring an additional 7,944 shares in the last quarter.  GAMMA Investing LLC raised its stake in shares of  Matador Resources by 19.3% during the third quarter. GAMMA Investing LLC now owns 3,119 shares of the energy company's stock worth $140,000 after acquiring an additional 505 shares in the last quarter.  Corient Private Wealth LLC raised its stake in shares of  Matador Resources by 12.9% during the second quarter. Corient Private Wealth LLC now owns 22,235 shares of the energy company's stock worth $1,061,000 after acquiring an additional 2,548 shares in the last quarter.  Finally, Texas Permanent School Fund Corp raised its stake in shares of  Matador Resources by 39.5% during the second quarter. Texas Permanent School Fund Corp now owns 132,396 shares of the energy company's stock worth $6,318,000 after acquiring an additional 37,464 shares in the last quarter. 91.98% of the stock is owned by hedge funds and other institutional investors. </p><h2>Matador Resources Company Profile</h2> (Get Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Matador Resources</li><li>Differences Between Momentum Investing and Long Term Investing </li><li>This AI Chip Giant Could Be the Market’s Next Big Winner</li><li>Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time</li><li>Broadcom Inks OpenAI Deal: Why It's A Huge Win for AVGO Stock</li><li>Following Congress Stock Trades</li><li>Institutions Are Fueling CrowdStrike’s Next Leg Higher</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1URFI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1URFI"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Matador Resources Right Now?</h2><p>Before you consider Matador Resources, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Matador Resources wasn't on the list.</p><p>While Matador Resources currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MTDR

<p>Matador Resources Company (NYSE:MTDR) has received a consensus rating of "Moderate Buy" from 16 brokerages. Analysts' recommendations include three holds, twelve buys, and one strong buy. The average price target is $66.36. Recent price targets have varied, with KeyCorp and Morgan Stanley lowering theirs to $61, while Royal Bank of Canada raised theirs to $62. The company reported a quarterly EPS of $1.53, exceeding estimates, and announced a dividend increase to $0.375, yielding 3.5%.</p>

Matador Resources Company (NYSE:MTDR) Receives Average Rating of "Moderate Buy" from Brokerages