Shares of Kinder Morgan Inc (NYSE:KMI) have been assigned a consensus recommendation of “Hold” from the twenty-five brokerages that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and thirteen have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $22.32.
Several research firms have recently commented on KMI. Zacks Investment Research raised shares of Kinder Morgan from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a report on Tuesday. ValuEngine downgraded shares of Kinder Morgan from a “hold” rating to a “sell” rating in a report on Thursday, March 1st. Wells Fargo & Co reissued a “market perform” rating on shares of Kinder Morgan in a report on Thursday, January 11th. UBS Group reissued a “buy” rating and issued a $26.00 target price (down previously from $28.00) on shares of Kinder Morgan in a report on Friday, March 2nd. Finally, JPMorgan Chase & Co. lowered their target price on shares of Kinder Morgan from $22.00 to $21.00 and set an “overweight” rating on the stock in a report on Monday, February 12th.
In other news, Director William A. Smith acquired 5,500 shares of the business’s stock in a transaction on Monday, January 22nd. The shares were acquired at an average price of $19.52 per share, for a total transaction of $107,360.00. Following the completion of the transaction, the director now directly owns 14,587 shares of the company’s stock, valued at approximately $284,738.24. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 13.99% of the company’s stock.
Kinder Morgan (KMI) opened at $16.50 on Wednesday. Kinder Morgan has a 1-year low of $15.86 and a 1-year high of $21.92. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.44 and a quick ratio of 0.37. The company has a market cap of $36,890.00, a price-to-earnings ratio of -30.56, a PEG ratio of 1.69 and a beta of 0.62.
Kinder Morgan (NYSE:KMI) last released its earnings results on Wednesday, January 17th. The pipeline company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.18 by $0.03. Kinder Morgan had a net margin of 1.34% and a return on equity of 4.38%. The firm had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.52 billion. During the same quarter in the previous year, the firm earned $0.08 earnings per share. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. research analysts expect that Kinder Morgan will post 0.85 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Wednesday, January 31st were given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.03%. The ex-dividend date of this dividend was Tuesday, January 30th. Kinder Morgan’s dividend payout ratio is presently -92.59%.
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.
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