Kinder Morgan Inc (NYSE:KMI) – Research analysts at US Capital Advisors raised their FY2017 earnings estimates for Kinder Morgan in a report released on Thursday. US Capital Advisors analyst B. Followill now anticipates that the pipeline company will post earnings of $0.69 per share for the year, up from their previous forecast of $0.64. US Capital Advisors also issued estimates for Kinder Morgan’s Q4 2017 earnings at $0.20 EPS, Q1 2018 earnings at $0.18 EPS, Q2 2018 earnings at $0.17 EPS, Q4 2018 earnings at $0.18 EPS, FY2018 earnings at $0.71 EPS and FY2019 earnings at $0.79 EPS.

A number of other equities analysts have also issued reports on the company. Credit Suisse Group initiated coverage on Kinder Morgan in a research report on Thursday. They issued an “outperform” rating on the stock. Morgan Stanley dropped their price target on Kinder Morgan from $25.00 to $24.00 and set an “overweight” rating on the stock in a research report on Friday, November 17th. Royal Bank of Canada reissued a “hold” rating and set a $22.00 price target on shares of Kinder Morgan in a research report on Wednesday, November 15th. Stifel Nicolaus dropped their price target on Kinder Morgan from $25.00 to $22.00 and set a “buy” rating on the stock in a research report on Tuesday, October 24th. Finally, Mizuho reissued a “hold” rating and set a $22.00 price target on shares of Kinder Morgan in a research report on Friday, October 20th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the company. Kinder Morgan currently has an average rating of “Hold” and an average target price of $22.97.

Kinder Morgan (KMI) opened at $19.01 on Friday. Kinder Morgan has a 52-week low of $16.68 and a 52-week high of $23.01. The stock has a market capitalization of $42,342.23, a P/E ratio of 33.95, a price-to-earnings-growth ratio of 1.35 and a beta of 0.62. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.42 and a quick ratio of 0.35.

Kinder Morgan (NYSE:KMI) last announced its earnings results on Wednesday, October 18th. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.15. Kinder Morgan had a return on equity of 4.33% and a net margin of 10.39%. The company had revenue of $3.28 billion for the quarter, compared to analyst estimates of $3.21 billion. During the same period in the prior year, the company posted ($0.10) EPS. Kinder Morgan’s quarterly revenue was down 1.5% on a year-over-year basis.

A number of institutional investors have recently made changes to their positions in KMI. Welch Investments LLC acquired a new position in Kinder Morgan in the 3rd quarter worth about $102,000. Valeo Financial Advisors LLC acquired a new position in Kinder Morgan in the 3rd quarter worth about $104,000. Fiduciary Trust Co. acquired a new position in Kinder Morgan in the 2nd quarter worth about $115,000. Acrospire Investment Management LLC increased its position in Kinder Morgan by 30.7% in the 2nd quarter. Acrospire Investment Management LLC now owns 6,814 shares of the pipeline company’s stock worth $131,000 after purchasing an additional 1,600 shares during the last quarter. Finally, FUKOKU MUTUAL LIFE INSURANCE Co increased its position in Kinder Morgan by 23.5% in the 2nd quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 8,400 shares of the pipeline company’s stock worth $161,000 after purchasing an additional 1,600 shares during the last quarter. 60.73% of the stock is owned by hedge funds and other institutional investors.

In other Kinder Morgan news, VP Thomas A. Martin acquired 3,000 shares of Kinder Morgan stock in a transaction that occurred on Tuesday, December 5th. The stock was purchased at an average cost of $17.10 per share, with a total value of $51,300.00. The transaction was disclosed in a filing with the SEC, which is available at this link. 13.99% of the stock is currently owned by corporate insiders.

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About Kinder Morgan

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.

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

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