Kinder Morgan - KMI Stock Forecast, Price & News

Kinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through four segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and underground 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 liquefaction and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; owns interests in/or operates oil fields and gasoline processing plants; and operates a crude oil pipeline system in West Texas, as well as owns and operates RNG and LNG facilities. It owns and operates approximately 83,000 miles of pipelines and 143 terminals. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1936 and is headquartered in Houston, Texas.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on KMI. UBS Group boosted their price target on Kinder Morgan to $25.00 in a research report on Friday, July 22nd. TD Securities increased their price target on Kinder Morgan from $21.00 to $23.00 and gave the stock a "buy" rating in a research note on Thursday, April 21st. Barclays reduced their price target on Kinder Morgan from $21.00 to $20.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 20th. Mizuho upped their price objective on Kinder Morgan from $21.00 to $22.00 in a report on Thursday, April 21st. Finally, Wells Fargo & Company lowered their price target on Kinder Morgan to $20.00 and set an "equal weight" rating for the company in a report on Friday, May 20th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $21.14.

Kinder Morgan Stock Up 2.5 %

Shares of Kinder Morgan stock opened at $18.59 on Friday. The business has a 50-day moving average of $17.54 and a 200-day moving average of $18.08. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.52 and a quick ratio of 0.42. The company has a market capitalization of $41.88 billion, a PE ratio of 17.36, a P/E/G ratio of 5.01 and a beta of 0.94. Kinder Morgan has a 1-year low of $15.01 and a 1-year high of $20.20.

Kinder Morgan (NYSE:KMI - Get Rating) last announced its earnings results on Wednesday, July 20th. The pipeline company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $3.67 billion. Kinder Morgan had a return on equity of 7.82% and a net margin of 13.76%. The company's revenue was up 63.5% on a year-over-year basis. During the same period last year, the firm earned $0.23 earnings per share. As a group, equities analysts forecast that Kinder Morgan will post 1.2 EPS for the current fiscal year.

Kinder Morgan Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 15th. Stockholders of record on Monday, August 1st will be given a dividend of $0.2775 per share. The ex-dividend date of this dividend is Friday, July 29th. This represents a $1.11 annualized dividend and a dividend yield of 5.97%. Kinder Morgan's payout ratio is 103.74%.

Insider Transactions at Kinder Morgan

In other Kinder Morgan news, VP John W. Schlosser sold 1,500 shares of the firm's stock in a transaction dated Wednesday, May 25th. The shares were sold at an average price of $19.21, for a total value of $28,815.00. Following the transaction, the vice president now owns 31,719 shares of the company's stock, valued at $609,321.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Kinder Morgan news, VP John W. Schlosser sold 3,000 shares of the firm's stock in a transaction dated Monday, July 25th. The shares were sold at an average price of $18.00, for a total value of $54,000.00. Following the transaction, the vice president now owns 28,719 shares of the company's stock, valued at $516,942. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP John W. Schlosser sold 1,500 shares of the firm's stock in a transaction dated Wednesday, May 25th. The stock was sold at an average price of $19.21, for a total transaction of $28,815.00. Following the completion of the transaction, the vice president now directly owns 31,719 shares in the company, valued at approximately $609,321.99. The disclosure for this sale can be found here. Corporate insiders own 14.22% of the company's stock.