After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Yahoo Finance discussed the stock recently as it posted Matador Resources Company Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Operational Update, 2024 Operating Plan and Market Guidance.
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Stocks Info
As a NYSE listed company, MTDR falls under the Energy sector while operating within the Oil & Gas E&P industry segment. The current market capitalization of Matador Resources Co is $7.23B. A total of 0.95 million shares were traded on the day, compared to an average of 1.21M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. 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 25 BUYs and 8 SELLs from insiders. Insiders purchased 243,464 shares during that period but sold 170,627.
In the most recent transaction, Appel Shelley F bought 500 shares of MTDR for 52.98 per share on Dec 13. After the transaction, the Director now owns 54,708 company shares. In a previous transaction on Dec 12, PARKER TIMOTHY E. bought 5,000 shares at 52.13 per share. MTDR shares that Director owns now total 79,257.
Among the insiders who bought shares, Ehrman Monika U acquired of 200 shares on Dec 12 at a per-share price of $52.23. This resulted in the Director holding 33,249 shares of MTDR after the transaction. In another insider transaction, Macalik Robert T bought 125 shares at $52.00 per share on Dec 12. Company shares held by the EVP, Chief Accounting Officer now total 28,800.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Matador Resources Co pays an annual dividend of $0.85, resulting in a dividend yield of 1.40%, and it has a price to earnings (P/E) ratio of 8.61. MTDR’s most recent ex-dividend date was 2/22/2024 when it declared a $0.20 quarterly dividend that was paid in cash on 3/13/2024. Previously, the company paid the dividend on 12/1/2023 with an ex-dividend date of 11/9/2023. The MTDR stock dividend was $0.20 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MTDR in the last 3 months, the mean price target is $70.30 with high estimates of $84.00 and low estimates of $60.54. In terms of 52-week highs and lows, MTDR has a high of $67.71 and a low of $42.04.
As of this writing, MTDR has an earnings estimate of $1.61 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $2.04 per share and a lower estimate of $1.26. The company reported an EPS of $1.86 in the last quarter, which was 12.70% higher than expectations of $1.65.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. MTDR’s latest balance sheet shows that the firm has $48.13M in Cash & Short Term Investments as of fiscal 2021. There were $1.53B in debt and $464.84M in liabilities at the time. Its Book Value Per Share was $32.74, while its Total Shareholder’s Equity was $2.13B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 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 Buy with a score of 4.60.
