Kinder Morgan, Inc. (NYSE:KMI) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Kinder Morgan, Inc. (NYSE:KMI) has earned an average recommendation of “Moderate Buy” from the eighteen analysts that are currently covering the firm, Marketbeat reports. Eight analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $31.1250.

A number of equities research analysts have recently issued reports on KMI shares. Cowen began coverage on shares of Kinder Morgan in a report on Monday, July 7th. They set a “buy” rating for the company. JPMorgan Chase & Co. upped their price objective on shares of Kinder Morgan from $30.00 to $32.00 and gave the company a “neutral” rating in a research note on Monday, July 28th. Weiss Ratings reiterated 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. Finally, Wells Fargo & Company upped their price target on Kinder Morgan from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th.

Kinder Morgan Price Performance

Shares of Kinder Morgan stock opened at $25.88 on Friday. The stock has a market capitalization of $57.51 billion, a P/E ratio of 21.21, a PEG ratio of 3.07 and a beta of 0.78. The business has a 50 day simple moving average of $27.28 and a two-hundred day simple moving average of $27.43. Kinder Morgan has a 12 month low of $23.94 and a 12 month high of $31.48. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.63 and a quick ratio of 0.53.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings results on Wednesday, October 22nd. The pipeline company reported $0.29 EPS for the quarter, hitting the consensus estimate of $0.29. Kinder Morgan had a return on equity of 8.57% and a net margin of 16.61%.The firm had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $3.98 billion. During the same period in the previous year, the business earned $0.25 earnings per share. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. Kinder Morgan has set its FY 2025 guidance at 1.270-1.270 EPS. As a group, analysts predict that Kinder Morgan will post 1.25 EPS for the current fiscal year.

Kinder Morgan Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Monday, November 3rd will be paid a $0.2925 dividend. The ex-dividend date of this dividend is Monday, November 3rd. This represents a $1.17 dividend on an annualized basis and a dividend yield of 4.5%. Kinder Morgan’s dividend payout ratio (DPR) is 95.90%.

Insider Buying and Selling at Kinder Morgan

In other news, VP John W. Schlosser sold 6,166 shares of the stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $28.17, for a total value of $173,696.22. Following the completion of the sale, the vice president owned 219,702 shares of the company’s stock, valued at $6,189,005.34. This represents a 2.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Amy W. Chronis acquired 2,759 shares of the firm’s stock in a transaction that occurred on Monday, July 28th. The stock was acquired at an average price of $27.21 per share, for a total transaction of $75,072.39. Following the completion of the acquisition, the director directly owned 34,764 shares of the company’s stock, valued at $945,928.44. The trade was a 8.62% increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 134,174 shares of company stock worth $3,727,678. Corporate insiders own 12.73% of the company’s stock.

Institutional Investors Weigh In On Kinder Morgan

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV lifted its stake in shares of Kinder Morgan by 14.5% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 2,818 shares of the pipeline company’s stock valued at $83,000 after purchasing an additional 357 shares during the last quarter. L.M. Kohn & Company raised its holdings in Kinder Morgan by 3.4% in the 2nd quarter. L.M. Kohn & Company now owns 10,947 shares of the pipeline company’s stock valued at $322,000 after buying an additional 360 shares during the period. Alhambra Investment Management LLC lifted its position in Kinder Morgan by 2.3% in the second quarter. Alhambra Investment Management LLC now owns 15,934 shares of the pipeline company’s stock valued at $468,000 after buying an additional 363 shares during the last quarter. Golden State Equity Partners boosted its stake in Kinder Morgan by 2.2% during the third quarter. Golden State Equity Partners now owns 17,131 shares of the pipeline company’s stock worth $485,000 after buying an additional 368 shares during the period. Finally, Relyea Zuckerberg Hanson LLC increased its position in shares of Kinder Morgan by 4.2% during the second quarter. Relyea Zuckerberg Hanson LLC now owns 9,377 shares of the pipeline company’s stock valued at $276,000 after acquiring an additional 374 shares during the last quarter. Institutional investors and hedge funds own 62.52% of the company’s stock.

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.