During the last session, Matador Resources Co (NYSE:MTDR)’s traded shares were 0.89 million, with the beta value of the company hitting 3.32. At the end of the trading day, the stock’s price was $65.61, reflecting an intraday gain of 0.05% or $0.03. The 52-week high for the MTDR share is $71.08, that puts it down -8.34 from that peak though still a striking 35.92% gain since the share price plummeted to a 52-week low of $42.04. The company’s market capitalization is $8.19B, and the average trade volume was 1.50 million shares over the past three months.
Matador Resources Co (NYSE:MTDR) trade information
Matador Resources Co (MTDR) registered a 0.05% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.05% in intraday trading to $65.61, hitting a weekly high. The stock’s 5-day price performance is 1.55%, and it has moved by 0.32% in 30 days. Based on these gigs, the overall price performance for the year is 38.62%.
Matador Resources Co (MTDR) estimates and forecasts
Statistics show that Matador Resources Co has outperformed its competitors in share price, compared to the industry in which it operates. Matador Resources Co (MTDR) shares have gone up 6.79% during the last six months, with a year-to-date growth rate more than the industry average at 9.31% against -3.10. In the rating firms’ projections, revenue will increase 19.40% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 819.55M as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 865.38M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 23.93%. While earnings are projected to return 11.65% in 2024, the next five years will return 10.40% per annum.
MTDR Dividends
Matador Resources Co is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Matador Resources Co is 0.70, with the dividend yield indicating at 1.07 percent, continuing the trend of increasing dividends in recent years.
