Stocks of Kinder Morgan Inc (NYSE:KMI) traded higher last session on Wall Street, up 0.50% to $28.37.
KMI stock price is now 3.00% away from the 50-day moving average and 15.63% away from the 200-day moving average. The market capitalization of the company currently stands at $63.04B.
With the price target maintained at $31, Barclays recently Upgraded its rating from Equal Weight to Overweight for Kinder Morgan Inc (NYSE: KMI). On January 10, 2025, Scotiabank recently initiated its ‘Sector Perform’ rating on the stock quoting a target price of $26, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, MARTIN THOMAS A, President sold 18,000 shares of the company’s stock on Mar 05 ’25. The stock was sold for $479,018 at an average price of $26.61. Upon completion of the transaction, the President now directly owns 825,652 shares in the company, valued at $23.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 05 ’25, Officer MARTIN THOMAS A bought 54,000 shares of the business’s stock. A total of $1,457,460 was incurred on buying the stock at an average price of $26.99. A total of 12.75% of the company’s stock is owned by insiders.
During the past 12 months, Kinder Morgan Inc has had a low of $17.61 and a high of $31.48. As of last week, the company has a debt-to-equity ratio of 1.05, a current ratio of 0.49, and a quick ratio of 0.39. According to the stock market information, the enterprise value for the company is $96679092224, which is based on a 24.25 price-to-earnings ratio, a 2.81 price-to-earnings-growth ratio, and a beta of 0.74. The fifty day moving average price for KMI is $27.5438 and a two-hundred day moving average price translates $24.53505 for the stock.
The latest earnings results from Kinder Morgan Inc (NYSE: KMI) was released for 2024-12-31. The net profit margin was 17.24% and return on equity was 8.54% for KMI. The company reported revenue of $3.99 billion for the quarter, compared to $4.04 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.26 percent.
