The price of Kinder Morgan Inc (NYSE:KMI) shares last traded on Wall Street fell -0.73% to $17.57.
Based on available information, 22 analysts follow Kinder Morgan Inc (NYSE:KMI). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $23.00 and a low of $17.00, we find $20.00. Given the previous closing price of $17.70, this indicates a potential upside of 12.99 percent. KMI stock price is now 4.10% away from the 50-day moving average and 3.08% away from the 200-day moving average. The market capitalization of the company currently stands at $39.05B.
Among analysts, 12 rate the stock a hold while 5 rate it a buy. Brokers who have rated the stock have averaged $20.40 as their price target over the next twelve months.
In other news, Sanders Dax, VP (Pres., Products Pipelines) sold 50,000 shares of the company’s stock on Dec 08. The stock was sold for $881,610 at an average price of $17.63. Upon completion of the transaction, the VP (Pres., Products Pipelines) now directly owns 309,069 shares in the company, valued at $5.43 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 06, VP and Chief Admin. Officer Mathews Denise R sold 30,000 shares of the business’s stock. A total of $526,536 was realized by selling the stock at an average price of $17.55. This leaves the insider owning 79,217 shares of the company worth $1.39 million. Insiders disposed of 932,461 shares of company stock worth roughly $16.38 million over the past 1 year. A total of 12.82% of the company’s stock is owned by insiders.
A candlestick chart of Kinder Morgan Inc (NYSE: KMI) showed a price of $17.67 on Monday morning. During the past 12 months, Kinder Morgan Inc has had a low of $15.89 and a high of $19.09. As of last week, the company has a debt-to-equity ratio of 1.02, a current ratio of 0.39, and a quick ratio of 0.30. According to the stock market information, the enterprise value for the company is $70.26B, which is based on a 16.07 price-to-earnings ratio, a 53.55 price-to-earnings-growth ratio, and a beta of 0.94. The fifty day moving average price for KMI is $16.88 and a two-hundred day moving average price translates $17.05 for the stock.
The latest earnings results from Kinder Morgan Inc (NYSE: KMI) was released for Sep, 2023. According to the Oil & Gas Midstream Company, earnings per share came in at $0.24, missing analysts’ expectations of $0.26 by -0.02. This compares to $0.25 EPS in the same period last year. The net profit margin was 16.22% and return on equity was 8.03% for KMI. The company reported revenue of $3.91 billion for the quarter, compared to $5.18 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -24.53 percent. For the current quarter, analysts expect KMI to generate $4.42B in revenue.
Kinder Morgan Inc(KMI) Company Profile
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 gasification, 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, renewable fuel stock, 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 140 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.
