Kinder Morgan, Inc. (NYSE:KMI) Stock Has Consensus Target Price of $35.77 According to Brokerages

Key Points

• Analyst consensus is “Hold”: Eleven of 19 analysts rate Kinder Morgan neutral and eight recommend buying it. The average 12-month price target is $35.77, versus a recent share price of $32.48.
• Quarterly results exceeded expectations: Kinder Morgan reported earnings of $0.37 per share and revenue of $4.48 billion, topping estimates of $0.31 and $4.22 billion, respectively. Revenue rose 10.8% year over year.
• The company maintains an income-oriented profile: Its quarterly dividend of $0.2975 equates to $1.19 annually and a 3.7% yield, while institutional investors and hedge funds own 62.52% of the stock.

Kinder Morgan, Inc. (NYSE:KMI - Get Free Report) has received a consensus recommendation of "Hold" from the nineteen ratings firms that are presently covering the stock, MarketBeat reports. Eleven analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $35.77.

Several brokerages have recently commented on KMI. Melius Research initiated coverage on shares of Kinder Morgan in a research report on Tuesday, September 22nd. They issued a "buy" rating and a $38.00 target price for the company. Wells Fargo & Company increased their price target on shares of Kinder Morgan from $35.00 to $36.00 and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. Weiss Ratings cut shares of Kinder Morgan from a "buy (b+)" rating to a "buy (b)" rating in a research note on Thursday. Citigroup restated a "neutral" rating on shares of Kinder Morgan in a research report on Wednesday, July 29th. Finally, Morgan Stanley set a $33.00 target price on Kinder Morgan in a report on Thursday, September 17th.

Kinder Morgan Stock Performance

NYSE:KMI opened at $32.48 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.36 and a current ratio of 0.46. Kinder Morgan has a fifty-two week low of $25.60 and a fifty-two week high of $34.81. The company has a market cap of $72.32 billion, a price-to-earnings ratio of 20.82, a PEG ratio of 2.27 and a beta of 0.59. The stock has a fifty day moving average price of $31.48 and a 200-day moving average price of $32.05.

Kinder Morgan (NYSE:KMI - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.06. The business had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.22 billion. Kinder Morgan had a return on equity of 10.46% and a net margin of 19.31%. Kinder Morgan's revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.28 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, equities analysts anticipate that Kinder Morgan will post 1.55 EPS for the current fiscal year.

Kinder Morgan Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were paid a $0.2975 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.19 annualized dividend and a yield of 3.7%. Kinder Morgan's dividend payout ratio (DPR) is 76.28%.

Insider Transactions at Kinder Morgan

In other Kinder Morgan news, VP Michael Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $30.80, for a total value of $47,740.00. Following the transaction, the vice president owned 48,863 shares in the company, valued at $1,504,980.40. The trade was a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 12.72% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Kinder Morgan

A number of hedge funds have recently made changes to their positions in KMI. Klingman & Associates LLC increased its stake in shares of Kinder Morgan by 3.9% in the 1st quarter. Klingman & Associates LLC now owns 8,498 shares of the pipeline company's stock valued at $285,000 after acquiring an additional 319 shares in the last quarter. TD Capital Management LLC boosted its stake in Kinder Morgan by 36.0% during the fourth quarter. TD Capital Management LLC now owns 1,220 shares of the pipeline company's stock worth $34,000 after acquiring an additional 323 shares in the last quarter. Transamerica Financial Advisors LLC grew its holdings in Kinder Morgan by 72.9% in the second quarter. Transamerica Financial Advisors LLC now owns 778 shares of the pipeline company's stock worth $25,000 after purchasing an additional 328 shares during the period. Abel Hall LLC increased its stake in Kinder Morgan by 4.0% in the first quarter. Abel Hall LLC now owns 8,588 shares of the pipeline company's stock valued at $288,000 after purchasing an additional 330 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Kinder Morgan by 5.8% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,540 shares of the pipeline company's stock valued at $209,000 after purchasing an additional 356 shares during the period. 62.52% of the stock is currently owned by institutional investors and hedge funds.

Kinder Morgan Company Profile

Kinder Morgan, Inc NYSE: KMI is an energy infrastructure company that owns and operates pipelines, terminals, and storage facilities. Its assets primarily transport and store natural gas, crude oil, refined petroleum products, and carbon dioxide, supporting energy producers, utilities, refiners, industrial companies, and other customers.

The company's natural gas business includes interstate and intrastate pipelines, gathering and processing systems, and underground storage facilities.

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