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Matador Resources - MTDR Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $74.92
  • Forecasted Upside: 26.58%
  • Number of Analysts: 14
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 13 Buy Ratings
  • 0 Strong Buy Ratings
$59.19 As of 11/20/2024 01:00 AM ET
▲ +1.42 (2.46%)

This chart shows the closing price for MTDR by one month, three months, or twelve months.

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Analyst Price Target for MTDR

Analyst Price Target is $74.92
▲ +26.58% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for Matador Resources in the last 3 months. The average price target is $74.92, with a high forecast of $87.00 and a low forecast of $62.00. The average price target represents a 26.58% upside from the last price of $59.19.

This chart shows the closing price for MTDR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 14 investment analysts is to moderate buy stock in Matador Resources. This rating has held steady since June 2024, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 0 strong buy ratings
  • 10 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 10 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 10 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2024
  • 0 strong buy ratings
  • 12 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2024
  • 0 strong buy ratings
  • 13 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2024
  • 0 strong buy ratings
  • 13 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 13 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/30/2024JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$77.00 ➝ $71.00
10/24/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$70.00 ➝ $70.00
10/23/2024BenchmarkReiterated RatingBuy ➝ Buy$62.00 ➝ $62.00
10/21/2024StephensBoost TargetOverweight ➝ Overweight$76.00 ➝ $78.00
10/16/2024KeyCorpLower TargetOverweight ➝ Overweight$76.00 ➝ $72.00
10/4/2024BMO Capital MarketsBoost TargetOutperform ➝ Outperform$75.00 ➝ $78.00
10/1/2024Wells Fargo & CompanyLower TargetOverweight ➝ Overweight$89.00 ➝ $87.00
9/30/2024Truist FinancialLower TargetBuy ➝ Buy$86.00 ➝ $75.00
9/27/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$75.00 ➝ $75.00
9/27/2024StephensBoost TargetOverweight ➝ Overweight$74.00 ➝ $76.00
9/20/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$75.00 ➝ $75.00
9/16/2024MizuhoLower TargetOutperform ➝ Outperform$85.00 ➝ $74.00
9/12/2024JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$83.00 ➝ $76.00
7/29/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$88.00 ➝ $89.00
7/25/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$75.00 ➝ $75.00
7/25/2024Capital One FinancialUpgradeEqual Weight ➝ Overweight$80.00 ➝ $84.00
7/24/2024StephensLower TargetOverweight ➝ Overweight$83.00 ➝ $81.00
7/24/2024BenchmarkReiterated RatingBuy ➝ Buy$62.00 ➝ $62.00
7/24/2024TD CowenBoost TargetBuy ➝ Buy$85.00 ➝ $87.00
7/22/2024Truist FinancialLower TargetBuy ➝ Buy$91.00 ➝ $86.00
7/18/2024Wolfe ResearchInitiated CoveragePeer Perform
7/17/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$85.00 ➝ $88.00
6/21/2024StephensInitiated CoverageOverweight$83.00
6/14/2024MizuhoBoost TargetBuy ➝ Buy$83.00 ➝ $85.00
6/13/2024Truist FinancialBoost TargetBuy ➝ Buy$87.00 ➝ $91.00
5/13/2024MizuhoBoost TargetBuy ➝ Buy$78.00 ➝ $83.00
4/26/2024Truist FinancialBoost TargetBuy ➝ Buy$85.00 ➝ $87.00
4/24/2024MizuhoBoost TargetBuy ➝ Buy$76.00 ➝ $78.00
4/23/2024BenchmarkLower TargetBuy ➝ Buy$71.00 ➝ $62.00
4/22/2024KeyCorpBoost TargetOverweight ➝ Overweight$71.00 ➝ $76.00
4/18/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$76.00 ➝ $85.00
4/11/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$76.00 ➝ $77.00
4/5/2024Truist FinancialBoost TargetBuy ➝ Buy$82.00 ➝ $85.00
4/1/2024MizuhoBoost TargetBuy ➝ Buy$67.00 ➝ $76.00
3/25/2024Roth MkmReiterated RatingBuy ➝ Buy$66.00
3/18/2024MizuhoBoost TargetBuy ➝ Buy$67.00 ➝ $76.00
3/7/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$73.00 ➝ $76.00
3/5/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$70.00
3/4/2024TD CowenBoost TargetOutperform ➝ Outperform$64.00 ➝ $72.00
1/25/2024BenchmarkLower TargetBuy ➝ Buy$71.00 ➝ $62.00
1/11/2024KeyCorpLower TargetOverweight ➝ Overweight$76.00 ➝ $71.00
1/8/2024Raymond JamesLower TargetOutperform ➝ Outperform$76.00 ➝ $70.00
1/3/2024MizuhoLower TargetBuy ➝ Buy$83.00 ➝ $67.00
11/15/2023Wells Fargo & CompanyInitiated CoverageOverweight$73.00
10/31/2023MizuhoBoost TargetBuy ➝ Buy$80.00 ➝ $83.00
10/17/2023KeyCorpBoost TargetOverweight ➝ Overweight$70.00 ➝ $76.00
9/18/2023MizuhoBoost TargetBuy ➝ Buy$78.00 ➝ $80.00
8/16/2023MizuhoUpgradeNeutral ➝ Buy$66.00 ➝ $78.00
7/27/2023Truist FinancialBoost Target$70.00 ➝ $76.00
7/27/2023KeyCorpBoost TargetOverweight$67.00 ➝ $70.00
7/24/2023Raymond JamesBoost TargetOutperform$61.00 ➝ $62.00
7/24/2023Truist FinancialLower TargetBuy$72.00 ➝ $70.00
7/21/2023BenchmarkReiterated RatingBuy ➝ Buy$71.00
7/12/2023Royal Bank of CanadaLower Target$74.00 ➝ $70.00
4/21/2023Raymond JamesBoost TargetOutperform$57.00 ➝ $61.00
4/18/2023BenchmarkLower Target$75.00 ➝ $71.00
4/14/2023JPMorgan Chase & Co.Boost TargetOverweight$73.00 ➝ $74.00
4/11/2023Truist FinancialBoost TargetBuy$68.00 ➝ $72.00
3/27/2023Raymond JamesLower Target$78.00 ➝ $57.00
3/10/2023MizuhoLower Target$72.00 ➝ $66.00
2/27/2023KeyCorpLower Target$73.00 ➝ $67.00
2/23/2023Royal Bank of CanadaReiterated RatingOutperform$78.00
2/23/2023Truist FinancialLower TargetBuy$79.00 ➝ $68.00
2/17/2023Roth CapitalReiterated RatingBuy
1/25/2023CowenBoost TargetOutperform$67.00 ➝ $78.00
1/9/2023MizuhoInitiated CoverageNeutral$70.00
12/8/2022KeyCorpLower TargetOverweight$79.00 ➝ $73.00
10/27/2022KeyCorpBoost TargetOverweight$72.00 ➝ $79.00
10/24/2022Raymond JamesBoost TargetOutperform$60.00 ➝ $78.00
10/14/2022JPMorgan Chase & Co.Lower TargetOverweight$71.00 ➝ $67.00
9/26/2022Raymond JamesLower TargetOutperform$70.00 ➝ $60.00
9/21/2022MKM PartnersReiterated RatingBuy$68.00
9/19/2022KeyCorpInitiated CoverageOverweight$72.00
4/25/2022Raymond JamesBoost TargetOutperform$70.00 ➝ $74.00
4/21/2022Truist FinancialBoost Target$71.00 ➝ $85.00
3/14/2022Wells Fargo & CompanyBoost TargetOverweight$55.00 ➝ $66.00
3/4/2022Raymond JamesBoost TargetOutperform$60.00 ➝ $70.00
2/24/2022MKM PartnersBoost TargetBuy ➝ Buy$50.00 ➝ $56.00
2/23/2022Stifel NicolausBoost TargetBuy$56.00 ➝ $58.00
2/23/2022Royal Bank of CanadaBoost TargetOutperform$53.00 ➝ $57.00
1/25/2022Raymond JamesBoost TargetOutperform$57.00 ➝ $60.00
11/19/2021Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$46.00 ➝ $53.00
10/28/2021Capital One FinancialDowngradeOverweight ➝ Equal Weight$46.00 ➝ $44.00
10/27/2021BenchmarkUpgradeHold ➝ Buy$50.00
10/26/2021Raymond JamesBoost TargetOutperform$40.00 ➝ $57.00
10/26/2021BenchmarkInitiated CoverageHold ➝ Hold
10/13/2021Wells Fargo & CompanyBoost TargetEqual Weight$40.00 ➝ $46.00
10/7/2021Truist FinancialBoost TargetBuy$50.00 ➝ $54.00
9/15/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$36.00 ➝ $37.00
7/27/2021Raymond JamesReiterated RatingOutperform$36.00 ➝ $30.69
7/16/2021MKM PartnersUpgradeNeutral ➝ Buy$34.00 ➝ $40.00
7/1/2021Truist FinancialBoost TargetBuy$43.00 ➝ $50.00
6/10/2021MKM PartnersDowngradeBuy ➝ Neutral$33.00
5/26/2021Capital One FinancialReiterated RatingOverweight
5/19/2021Wells Fargo & CompanyBoost TargetEqual Weight$26.00 ➝ $34.00
5/13/2021Siebert Williams ShankUpgradeHold ➝ Buy
5/11/2021Northland SecuritiesInitiated CoverageOutperform$32.00
4/30/2021Raymond JamesBoost TargetOutperform$30.00 ➝ $36.00
3/24/2021MKM PartnersUpgradeNeutral ➝ Buy$30.00
3/15/2021Wells Fargo & CompanyReiterated RatingOverweight ➝ Equal Weight$26.00
3/9/2021Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$26.00
2/9/2021MKM PartnersDowngradeBuy ➝ Neutral$17.00 ➝ $19.00
12/30/2020Truist FinancialBoost Target$13.00 ➝ $16.00
12/17/2020BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$16.00
10/23/2020Wells Fargo & CompanyUpgradeBuy
9/22/2020Capital One FinancialUpgradeEqual Weight ➝ Overweight
9/22/2020Truist FinancialUpgradeHold ➝ Buy$12.00 ➝ $15.00
9/14/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$10.00 ➝ $13.00
7/30/2020SunTrust BanksBoost TargetHold$11.00 ➝ $12.00
7/24/2020Siebert Williams ShankReiterated RatingHold$11.00
7/23/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$10.00
7/22/2020CowenUpgradeMarket Perform ➝ Outperform$9.25 ➝ $12.75
7/20/2020Northland SecuritiesBoost TargetOutperform$7.00 ➝ $12.00
7/20/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$11.00
7/20/2020Stifel NicolausUpgradeHold ➝ Buy$8.00 ➝ $12.00
7/16/2020Imperial CapitalBoost TargetOutperform$11.00 ➝ $13.00
7/14/2020MKM PartnersUpgradeNeutral ➝ Buy$12.00
7/13/2020ScotiabankBoost TargetSector Outperform$4.00 ➝ $14.00
6/25/2020Wells Fargo & CompanyBoost TargetEqual Weight$8.00 ➝ $10.00
6/19/2020Wells Fargo & CompanyBoost TargetEqual Weight$7.00 ➝ $8.00
6/9/2020MKM PartnersDowngradeBuy ➝ Neutral$12.00
6/4/2020Royal Bank of CanadaReiterated RatingBuy
5/1/2020SunTrust BanksBoost TargetHold$6.00 ➝ $7.00
5/1/2020MKM PartnersBoost TargetBuy$9.00 ➝ $11.00
5/1/2020Imperial CapitalBoost TargetOutperform$6.00 ➝ $11.00
4/30/2020Royal Bank of CanadaReiterated RatingBuy$9.00
4/30/2020Siebert Williams ShankReiterated RatingHold$4.00
4/16/2020Imperial CapitalLower TargetOutperform$25.00 ➝ $6.00
4/14/2020Capital One FinancialDowngradeOverweight ➝ Equal Weight
4/14/2020Northland SecuritiesReiterated RatingBuy
4/9/2020SunTrust BanksLower TargetHold$8.00 ➝ $4.00
3/20/2020StephensDowngradeOverweight ➝ Equal Weight$6.00
3/19/2020Wells Fargo & CompanyLower TargetEqual Weight$13.00 ➝ $4.00
3/17/2020Raymond JamesDowngradeOutperform ➝ Market Perform
3/16/2020BMO Capital MarketsDowngradeOutperform ➝ Market Perform
3/10/2020Royal Bank of CanadaLower TargetReduce ➝ Outperform$24.00 ➝ $13.00
3/9/2020Siebert Williams ShankDowngradeBuy ➝ Hold
3/9/2020Stifel NicolausDowngradeBuy ➝ Hold$24.00 ➝ $6.00
3/9/2020SunTrust BanksDowngradeBuy ➝ Hold$8.00
2/27/2020Imperial CapitalBoost TargetOutperform$23.00 ➝ $25.00
2/26/2020Siebert Williams ShankReiterated RatingBuy$23.00
2/5/2020Tudor PickeringDowngradeBuy ➝ Hold$14.00
1/9/2020Wells Fargo & CompanyLower TargetEqual Weight$28.00 ➝ $23.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

1.14 (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

Skip to Current Sentiment Summary
  • 15 very positive mentions
  • 31 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024
  • 21 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/24/2024
  • 22 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 19 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 21 very positive mentions
  • 15 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 28 very positive mentions
  • 14 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 21 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 28 very positive mentions
  • 22 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024

Current Sentiment

  • 28 very positive mentions
  • 22 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Matador Resources logo
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.
Read More

Today's Range

Now: $59.19
Low: $57.86
High: $59.28

50 Day Range

MA: $53.05
Low: $47.40
High: $59.19

52 Week Range

Now: $59.19
Low: $47.15
High: $71.08

Volume

971,332 shs

Average Volume

1,530,651 shs

Market Capitalization

$7.39 billion

P/E Ratio

7.84

Dividend Yield

1.74%

Beta

3.26

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., BMO Capital Markets, Capital One Financial Co., JPMorgan Chase & Co., KeyCorp, Mizuho, Raymond James, Roth Mkm, Royal Bank of Canada, Stephens, StockNews.com, TD Cowen, Truist Financial Co., Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for MTDR.

What is the current price target for Matador Resources?

0 Wall Street analysts have set twelve-month price targets for Matador Resources in the last year. Their average twelve-month price target is $74.92, suggesting a possible upside of 26.6%. Wells Fargo & Company 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 1 hold rating and 13 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MTDR.

What other companies compete with Matador Resources?

Other companies that are similar to Matador Resources include EQT, Devon Energy, Marathon Oil, Range Resources and SM Energy. 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.