Kinder Morgan Inc (NYSE:KMI) shares traded -0.69% lower at $30.27 on Wall Street last session.
KMI stock price is now 8.46% away from the 50-day moving average and 33.17% away from the 200-day moving average. The market capitalization of the company currently stands at $67.25B.
With the price target of $26, Scotiabank recently initiated with Sector Perform rating for Kinder Morgan Inc (NYSE: KMI). , while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, MARTIN THOMAS A, President sold 18,000 shares of the company’s stock on Jan 02 ’25. The stock was sold for $502,294 at an average price of $27.91. Upon completion of the transaction, the President now directly owns 861,652 shares in the company, valued at $26.08 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 04 ’24, President MARTIN THOMAS A sold 18,000 shares of the business’s stock. A total of $492,079 was realized by selling the stock at an average price of $27.34. This leaves the insider owning 879,652 shares of the company worth $26.63 million. A total of 12.77% of the company’s stock is owned by insiders.
During the past 12 months, Kinder Morgan Inc has had a low of $16.47 and a high of $31.48. As of last week, the company has a debt-to-equity ratio of 1.04, a current ratio of 0.49, and a quick ratio of 0.35. According to the stock market information, the enterprise value for the company is $101812084736, which is based on a 25.84 price-to-earnings ratio, a 3.17 price-to-earnings-growth ratio, and a beta of 0.95. The fifty day moving average price for KMI is $27.9098 and a two-hundred day moving average price translates $22.7305 for the stock.
The latest earnings results from Kinder Morgan Inc (NYSE: KMI) was released for 2024-09-30. The net profit margin was 17.24% and return on equity was 8.55% for KMI. The company reported revenue of $3.7 billion for the quarter, compared to $3.91 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.32 percent. For the current quarter, analysts expect KMI to generate $4.09B in revenue.
