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.

Kinder Morgan Price Performance

Shares of NYSE:KMI opened at $18.57 on Thursday. The firm has a 50-day simple moving average of $17.41 and a 200-day simple moving average of $18.12. The company has a quick ratio of 0.42, a current ratio of 0.52 and a debt-to-equity ratio of 0.90. The stock has a market capitalization of $41.84 billion, a price-to-earnings ratio of 17.36, a price-to-earnings-growth ratio of 5.17 and a beta of 0.94. Kinder Morgan has a 52 week low of $15.01 and a 52 week high of $20.20.

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

Kinder Morgan Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 15th. Investors of record on Monday, August 1st were issued a $0.2775 dividend. The ex-dividend date of this dividend was Friday, July 29th. This represents a $1.11 annualized dividend and a dividend yield of 5.98%. Kinder Morgan's dividend payout ratio is presently 103.74%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on KMI. Barclays boosted their target price on shares of Kinder Morgan from $20.00 to $21.00 and gave the company an "equal weight" rating in a research note on Tuesday. Morgan Stanley increased their target price on shares of Kinder Morgan from $19.00 to $20.00 and gave the stock an "underweight" rating in a research note on Wednesday, April 20th. Mizuho raised their target price on Kinder Morgan from $21.00 to $22.00 in a research report on Thursday, April 21st. TD Securities upped their price target on Kinder Morgan from $21.00 to $23.00 and gave the stock a "buy" rating in a report on Thursday, April 21st. Finally, UBS Group raised their price objective on Kinder Morgan to $25.00 in a report on Friday, July 22nd. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Kinder Morgan has a consensus rating of "Hold" and a consensus price target of $21.29.

Insider Buying and Selling

In other Kinder Morgan news, VP John W. Schlosser sold 3,000 shares of the company'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 completion of the sale, the vice president now directly owns 28,719 shares in the company, valued at approximately $516,942. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Kinder Morgan news, VP John W. Schlosser sold 3,000 shares of Kinder Morgan stock in a transaction dated Monday, July 25th. The shares were sold at an average price of $18.00, for a total transaction of $54,000.00. Following the transaction, the vice president now directly owns 28,719 shares of the company's stock, valued at $516,942. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP John W. Schlosser sold 1,500 shares of the stock in a transaction that occurred on 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 directly 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 currently owned by company insiders.