Kinder Morgan (NYSE:KMI) Updates FY 2025 Earnings Guidance

Key Points

• Kinder Morgan updated its FY 2025 earnings guidance, projecting earnings per share of $1.270, aligning with analysts' consensus estimates.
• The stock is currently priced at $27.58 per share, with a market capitalization of $61.27 billion and a P/E ratio of 22.60.
• Analysts' ratings for Kinder Morgan are generally positive, with an average rating of "Moderate Buy" and a consensus price target of $31.13.

Kinder Morgan (NYSE:KMI - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.270-1.270 for the period, compared to the consensus earnings per share estimate of 1.270. The company issued revenue guidance of -.

Kinder Morgan Price Performance

Shares of Kinder Morgan stock traded up $0.08 during trading on Wednesday, hitting $27.58. The stock had a trading volume of 13,276,296 shares, compared to its average volume of 14,184,473. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.68 and a quick ratio of 0.53. The firm has a market cap of $61.27 billion, a P/E ratio of 22.60, a PEG ratio of 3.24 and a beta of 0.78. The business has a fifty day moving average of $27.29 and a two-hundred day moving average of $27.41. Kinder Morgan has a fifty-two week low of $23.94 and a fifty-two week high of $31.48.

Wall Street Analysts Forecast Growth

KMI has been the subject of several analyst reports. Scotiabank reduced their target price on Kinder Morgan from $28.00 to $27.00 and set a "sector perform" rating for the company in a report on Friday, September 19th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Kinder Morgan in a report on Wednesday, October 8th. Morgan Stanley set a $30.00 target price on Kinder Morgan in a report on Thursday, October 9th. BMO Capital Markets initiated coverage on Kinder Morgan in a report on Friday, September 19th. They set an "outperform" rating and a $32.00 target price for the company. Finally, Wells Fargo & Company upped their target price on Kinder Morgan from $33.00 to $34.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Ten investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Kinder Morgan currently has an average rating of "Moderate Buy" and a consensus price target of $31.13.

Insider Activity at Kinder Morgan

In related news, VP Sital K. Mody sold 45,549 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $27.96, for a total transaction of $1,273,550.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO David Patrick Michels sold 40,000 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $28.19, for a total value of $1,127,600.00. Following the sale, the chief financial officer owned 159,428 shares of the company's stock, valued at approximately $4,494,275.32. The trade was a 20.06% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 134,174 shares of company stock worth $3,727,678 in the last 90 days. Insiders own 12.73% of the company's stock.

Institutional Investors Weigh In On Kinder Morgan

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Keel Point LLC increased its holdings in Kinder Morgan by 8.9% during the 2nd quarter. Keel Point LLC now owns 10,221 shares of the pipeline company's stock valued at $301,000 after purchasing an additional 833 shares in the last quarter. Great Valley Advisor Group Inc. increased its stake in shares of Kinder Morgan by 3.5% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 35,228 shares of the pipeline company's stock valued at $1,035,000 after buying an additional 1,184 shares during the period. Fairfield Bush & CO. increased its stake in shares of Kinder Morgan by 17.3% in the 2nd quarter. Fairfield Bush & CO. now owns 10,261 shares of the pipeline company's stock valued at $302,000 after buying an additional 1,511 shares during the period. IHT Wealth Management LLC grew its stake in shares of Kinder Morgan by 6.5% during the second quarter. IHT Wealth Management LLC now owns 51,221 shares of the pipeline company's stock worth $1,506,000 after purchasing an additional 3,147 shares during the period. Finally, Evergreen Capital Management LLC grew its stake in shares of Kinder Morgan by 6.9% during the second quarter. Evergreen Capital Management LLC now owns 72,818 shares of the pipeline company's stock worth $2,141,000 after purchasing an additional 4,681 shares during the period. 62.52% of the stock is owned by institutional investors and hedge funds.

Kinder Morgan Company Profile

Kinder Morgan, Inc operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.

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