Kinder Morgan, Inc. (NYSE:KMI) – Analysts at US Capital Advisors boosted their Q3 2017 earnings estimates for Kinder Morgan in a research note issued to investors on Wednesday. US Capital Advisors analyst B. Followill now forecasts that the pipeline company will post earnings of $0.16 per share for the quarter, up from their previous estimate of $0.15. US Capital Advisors currently has a “Overweight” rating on the stock. US Capital Advisors also issued estimates for Kinder Morgan’s Q4 2017 earnings at $0.19 EPS, FY2017 earnings at $0.67 EPS, Q2 2018 earnings at $0.19 EPS and FY2018 earnings at $0.76 EPS.

Other research analysts also recently issued research reports about the stock. Vetr downgraded shares of Kinder Morgan from a “strong-buy” rating to a “buy” rating and set a $23.88 price target for the company. in a research report on Tuesday, March 28th. Credit Suisse Group set a $27.00 price target on shares of Kinder Morgan and gave the stock a “buy” rating in a research report on Thursday, April 20th. Raymond James Financial, Inc. restated a “buy” rating on shares of Kinder Morgan in a research report on Wednesday, May 31st. TD Securities set a $26.00 price target on shares of Kinder Morgan and gave the stock a “buy” rating in a research report on Tuesday, June 20th. Finally, BMO Capital Markets set a $26.00 price target on shares of Kinder Morgan and gave the stock a “buy” rating in a research report on Tuesday, June 20th. Six research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. Kinder Morgan has an average rating of “Buy” and a consensus target price of $24.10.

Earnings History and Estimates for Kinder Morgan (NYSE:KMI)

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Kinder Morgan (NYSE KMI) opened at 18.79 on Monday. The stock has a market cap of $41.95 billion, a price-to-earnings ratio of 62.22 and a beta of 0.59. Kinder Morgan has a 12 month low of $17.16 and a 12 month high of $23.36. The stock’s 50 day moving average price is $19.39 and its 200-day moving average price is $21.01.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings data on Wednesday, April 19th. The pipeline company reported $0.17 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.18 by $0.01. The firm had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.36 billion. Kinder Morgan had a net margin of 6.27% and a return on equity of 4.62%. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.12 EPS.

Hedge funds have recently bought and sold shares of the stock. TrueNorth Inc. purchased a new stake in Kinder Morgan during the first quarter valued at $1,269,000. Laurel Wealth Advisors Inc. boosted its stake in Kinder Morgan by 1.1% in the first quarter. Laurel Wealth Advisors Inc. now owns 37,724 shares of the pipeline company’s stock valued at $819,000 after buying an additional 415 shares during the period. Seaward Management Limited Partnership boosted its stake in Kinder Morgan by 3.4% in the first quarter. Seaward Management Limited Partnership now owns 28,640 shares of the pipeline company’s stock valued at $622,000 after buying an additional 955 shares during the period. Skandinaviska Enskilda Banken AB publ boosted its stake in Kinder Morgan by 0.3% in the first quarter. Skandinaviska Enskilda Banken AB publ now owns 365,969 shares of the pipeline company’s stock valued at $7,956,000 after buying an additional 1,234 shares during the period. Finally, Bedell Frazier Investment Counseling LLC boosted its stake in Kinder Morgan by 11.4% in the first quarter. Bedell Frazier Investment Counseling LLC now owns 221,200 shares of the pipeline company’s stock valued at $4,809,000 after buying an additional 22,640 shares during the period. 58.05% of the stock is owned by institutional investors and hedge funds.

In other news, VP Dax Sanders purchased 2,600 shares of the company’s stock in a transaction dated Tuesday, May 30th. The stock was acquired at an average price of $18.60 per share, with a total value of $48,360.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Richard D. Kinder purchased 500,000 shares of the company’s stock in a transaction dated Tuesday, May 30th. The stock was purchased at an average cost of $18.58 per share, with a total value of $9,290,000.00. Following the purchase, the insider now owns 234,712,353 shares in the company, valued at $4,360,955,518.74. The disclosure for this purchase can be found here. Corporate insiders own 13.99% of the company’s stock.

Kinder Morgan Company Profile

Kinder Morgan, Inc is an energy infrastructure company. It operates through five segments. Its Natural Gas Pipelines segment is engaged in the ownership and operation of interstate and intrastate natural gas pipeline and storage systems, and liquefied natural gas facilities, among others. Its CO2 segment is engaged in the production, transportation and marketing of carbon dioxide (CO2) to oil fields and the ownership and operation of a crude oil pipeline system, among others.

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