Make Sure You Stick With Matador Resources Company (MTDR). It’s Bull Time Again

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Matador Resources Company (MTDR) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.83, or -1.50%, to $54.56. Volume reached 31,090 shares, with price reaching a high of $54.37 and a low of $54.37. Earlier, Yahoo Finance discussed this stock as it revealed Matador Resources Company Announces Upgrade to Corporate Credit Rating.


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Stocks Info

Matador Resources Company is listed on the NYSE in the Energy sector while operating in the Oil & Gas E&P industry. At the end of the last regular session, the stock closed at $54.37 and fluctuated between $57.24 as its day high and $54.37 as its day low. The current market capitalization of Matador Resources Company is $6.62B. A total of 1.3 million shares were traded on the day, compared to an average of 1.29M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, MTDR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 47 BUYs and 40 SELLs from insiders. Insiders purchased 1,992,766 shares during that period but sold 1,328,455.

In the most recent transaction, Ehrman Monika U bought 200 shares of MTDR for 51.51 per share on May 04. After the transaction, the Director now owns 27,963 company shares. In a previous transaction on Dec 15, Macalik Robert T bought 1,500 shares at 35.50 per share. MTDR shares that SVP, Chief Accounting Officer owns now total 28,675.

Among the insiders who bought shares, Adams Craig N acquired of 2,000 shares on Dec 15 at a per-share price of $35.55. This resulted in the EVP, COO – Land, Legal & Admin holding 169,784 shares of MTDR after the transaction. In another insider transaction, Baribault Reynald bought 1,000 shares at $37.00 per share on Dec 14. Company shares held by the Director now total 106,554.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Matador Resources Company pays an annual dividend of $0.40, resulting in a dividend yield of 0.74%, and it has a price to earnings (P/E) ratio of 6.26. MTDR’s most recent ex-dividend date was 08/16/2022 when it declared a $0.10 quarterly dividend that was paid in cash on 09/01/2022. Previously, the company paid the dividend on 06/03/2022 with an ex-dividend date of 05/17/2022. The dividend was $0.05 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for MTDR in the last 3 months, the mean price target is $74.67 with high estimates of $96.00 and low estimates of $64.00. In terms of 52-week highs and lows, MTDR has a high of $67.78 and a low of $29.05.

As of this writing, MTDR has an earnings estimate of $2.64 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $2.8 per share and a lower estimate of $2.53. The company reported an EPS of $3.47 in the last quarter, which was 9.81% higher than expectations of $3.16.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 13 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MTDR is Hold with a score of 4.63. A total of 9 analysts rated the stock as Buy while 2 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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