Kinder Morgan, Inc. (NYSE:KMI – Get Free Report) announced a quarterly dividend on Wednesday, October 21st. Investors of record on Monday, November 2nd will be given a dividend of $0.2975 per share by the pipeline company on Monday, November 16th. This represents a $1.19 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Monday, November 2nd.
Kinder Morgan has a dividend payout ratio of 88.1% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities analysts expect Kinder Morgan to earn $1.55 per share next year, which means the company should continue to be able to cover its $1.19 annual dividend with an expected future payout ratio of 76.8%.
Kinder Morgan Stock Performance
KMI stock traded down $1.16 during mid-day trading on Thursday, hitting $32.81. The company had a trading volume of 6,479,621 shares, compared to its average volume of 12,177,297. The firm has a market cap of $73.06 billion, a PE ratio of 21.15, a price-to-earnings-growth ratio of 2.36 and a beta of 0.59. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.36 and a current ratio of 0.46. Kinder Morgan has a 12 month low of $25.60 and a 12 month high of $34.81. The stock’s fifty day moving average price is $31.82 and its two-hundred day moving average price is $32.03.
Kinder Morgan (NYSE:KMI – Get Free Report) last released its earnings results on Wednesday, October 21st. The pipeline company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The firm had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $4.37 billion. During the same period in the previous year, the company earned $0.29 earnings per share. The company’s quarterly revenue was up 9.3% on a year-over-year basis. On average, analysts forecast that Kinder Morgan will post 1.56 earnings per share for the current fiscal year.
Trending Headlines about Kinder Morgan
Here are the key news stories impacting Kinder Morgan this week:
- Positive Sentiment: Q3 results topped expectations: Kinder Morgan reported adjusted EPS of $0.35, above the $0.33 consensus, while revenue rose 9.3% year over year to $4.53 billion, exceeding the $4.37 billion estimate. EPS increased from $0.29 in the prior-year quarter. KMI Q3 deep dive: natural gas project surge extends growth runway
- Positive Sentiment: Record project backlog supports future growth: The company added $5.4 billion to its expansion backlog, taking the natural-gas pipeline backlog to a record $13.2 billion. Demand from data centers, power generation and LNG exports is driving new opportunities. Kinder Morgan’s Natural Gas Pipeline Backlog Hits Record $13.2 Billion
- Positive Sentiment: $4.7 billion of new projects approved: Kinder Morgan reached final investment decisions on the Southeast Connector and Permian Link pipelines, reinforcing expectations for longer-term earnings and cash-flow growth. Kinder Morgan to invest $4.7 billion in two gas pipeline projects as demand surges
- Positive Sentiment: Analyst sentiment improved: Mizuho raised its price target from $37 to $39 and assigned an “outperform” rating, suggesting further upside based on the company’s growth pipeline.
- Positive Sentiment: Dividend maintained: Kinder Morgan declared a quarterly dividend of $0.2975 per share, or $1.19 annualized, representing a yield of approximately 3.5%. Kinder Morgan declares $0.2975 dividend
- Negative Sentiment: Full-year outlook trails expectations: Kinder Morgan expects 2026 adjusted EPS of $1.36, below the FactSet consensus of $1.54, which could limit enthusiasm despite the strong quarter and backlog growth. Kinder Morgan Expects 2026 Adjusted EPS of $1.36
- Neutral Sentiment: A vice president sold $52,157.50 of stock under a pre-arranged Rule 10b5-1 plan; the relatively small, scheduled transaction is unlikely to materially affect the investment case.
About Kinder Morgan
Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities.
The company’s natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure.
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