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.

Analysts Set New Price Targets

A number of research analysts recently weighed in on KMI shares. Mizuho upped their price target on Kinder Morgan from $21.00 to $22.00 in a research note on Thursday, April 21st. US Capital Advisors reiterated a "hold" rating on shares of Kinder Morgan in a report on Wednesday, June 1st. Wells Fargo & Company lowered their price objective on shares of Kinder Morgan to $20.00 and set an "equal weight" rating on the stock in a report on Friday, May 20th. Barclays lifted their price objective on shares of Kinder Morgan from $20.00 to $21.00 and gave the company an "equal weight" rating in a report on Tuesday. Finally, UBS Group upped their target price on shares of Kinder Morgan to $25.00 in a report on Friday, July 22nd. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, Kinder Morgan has an average rating of "Hold" and a consensus price target of $21.29.

Kinder Morgan Stock Up 1.9 %

KMI opened at $18.93 on Friday. Kinder Morgan has a fifty-two week low of $15.01 and a fifty-two week high of $20.20. The firm has a market capitalization of $42.65 billion, a P/E ratio of 17.69, a PEG ratio of 5.17 and a beta of 0.94. The company's 50-day moving average is $17.40 and its 200 day moving average is $18.12. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.52 and a quick ratio of 0.42.

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, hitting analysts' consensus estimates of $0.27. The firm had revenue of $5.15 billion for 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% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.23 EPS. Research analysts expect that Kinder Morgan will post 1.2 earnings per share for the current fiscal year.

Kinder Morgan Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 15th. Stockholders of record on Monday, August 1st were paid a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.86%. The ex-dividend date was Friday, July 29th. Kinder Morgan's payout ratio is 103.74%.

Insider Buying and Selling

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