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 commented on KMI. TD Securities boosted their price target on Kinder Morgan from $21.00 to $23.00 and gave the stock a "buy" rating in a research report on Thursday, April 21st. Barclays lowered their price objective 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. US Capital Advisors reissued a "hold" rating on shares of Kinder Morgan in a research note on Wednesday, June 1st. Mizuho boosted their price objective on Kinder Morgan from $21.00 to $22.00 in a research note on Thursday, April 21st. Finally, UBS Group upped their price target on Kinder Morgan to $25.00 in a research note on Friday, July 22nd. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Kinder Morgan presently has a consensus rating of "Hold" and a consensus price target of $21.14.

Kinder Morgan Trading Up 0.5 %

Shares of Kinder Morgan stock traded up $0.10 during trading hours on Friday, hitting $18.69. The company's stock had a trading volume of 11,363,997 shares, compared to its average volume of 14,477,302. Kinder Morgan has a twelve month low of $15.01 and a twelve month high of $20.20. The firm has a fifty day moving average of $17.49 and a 200-day moving average of $18.09. The stock has a market cap of $42.11 billion, a price-to-earnings ratio of 17.47, a P/E/G ratio of 5.18 and a beta of 0.94. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.42 and a current ratio of 0.52.

Kinder Morgan (NYSE:KMI - Get Rating) last announced its quarterly earnings results on Wednesday, July 20th. The pipeline company reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. The business had revenue of $5.15 billion for the quarter, compared to analyst estimates of $3.67 billion. Kinder Morgan had a return on equity of 7.82% and a net margin of 13.76%. The company's quarterly revenue was up 63.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.23 EPS. Research analysts forecast that Kinder Morgan will post 1.2 EPS for the current year.

Kinder Morgan Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 15th. Investors of record on Monday, August 1st will be issued a $0.2775 dividend. The ex-dividend date of this dividend is Friday, July 29th. This represents a $1.11 annualized dividend and a dividend yield of 5.94%. Kinder Morgan's dividend payout ratio is presently 103.74%.

Insider Activity at Kinder Morgan

In related 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 owns 28,719 shares in the company, valued at approximately $516,942. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, VP John W. Schlosser sold 1,500 shares of the business's 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 sale, the vice president now owns 31,719 shares in the company, valued at approximately $609,321.99. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP John W. Schlosser sold 3,000 shares of the business's stock in a transaction on Monday, July 25th. The shares were 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 owns 28,719 shares in the company, valued at approximately $516,942. The disclosure for this sale can be found here. Company insiders own 14.22% of the company's stock.