During the recent session, Kinder Morgan Inc. (NYSE:KMI)’s traded shares were 4.53 million, with the beta value of the company hitting 0.93. At the last check today, the stock’s price was $16.28, reflecting an intraday loss of -0.37% or -$0.06. The 52-week high for the KMI share is $20.20, that puts it down -24.08 from that peak though still a striking 7.8% gain since the share price plummeted to a 52-week low of $15.01. The company’s market capitalization is $38.55B, and the average trade volume was 17.16 million shares over the past three months.
Kinder Morgan Inc. (KMI) received a consensus recommendation of a Hold from analysts. That translates to a mean rating of 3.00. KMI has a Sell rating from 3 analyst(s) out of 23 analysts who have looked at this stock. 15 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.26.
Kinder Morgan Inc. (NYSE:KMI) trade information
Kinder Morgan Inc. (KMI) registered a -0.37% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.37% in intraday trading to $16.28 this Wednesday, 06/22/22, hitting a weekly high. The stock’s 5-day price performance is -8.66%, and it has moved by -14.14% in 30 days. Based on these gigs, the overall price performance for the year is -10.22%.
The consensus price target of analysts on Wall Street is $20.35, which implies an increase of 20.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $17.00 and $24.00 respectively. As a result, KMI is trading at a discount of -47.42% off the target high and -4.42% off the low.
Kinder Morgan Inc. (KMI) estimates and forecasts
Statistics show that Kinder Morgan Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Kinder Morgan Inc. (KMI) shares have gone up 7.22% during the last six months, with a year-to-date growth rate less than the industry average at -13.64% against 14.90. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 13.00% this quarter and then jump 22.70% in the quarter after that. In the rating firms’ projections, revenue will decrease -5.50% compared to the previous financial year.
Revenue for the current quarter is expected to be $3.76 billion as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to $4.05 billion by the end of Sep 2022. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $3.15 billion and $3.26 billion respectively. In this case, analysts expect current quarter sales to grow by 19.30% and then jump by 24.30% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 25.80%. While earnings are projected to return -13.60% in 2022, the next five years will return -2.66% per annum.
Kinder Morgan Inc. is due to release its next quarterly earnings between April 19 and April 25. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Kinder Morgan Inc. is 1.11, with the dividend yield indicating at 6.79 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 5.05%.
Kinder Morgan Inc. (NYSE:KMI)’s Major holders
Kinder Morgan Inc. insiders own 12.50% of total outstanding shares while institutional holders control 60.36%, with the float percentage being 68.97%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 1,644 institutions own stock in it. As of Dec 30, 2021, the company held over 172.8 million shares (or 7.62% of all shares), a total value of $2.74 billion in shares.
The next largest institutional holding, with 163.93 million shares, is of Blackrock Inc.’s that is approximately 7.23% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $3.1 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Kinder Morgan Inc. (KMI) shares are Vanguard Total Stock Market Index Fund and Select Sector SPDR Fund-Energy Select. Data provided on Dec 30, 2021 indicates that Vanguard Total Stock Market Index Fund owns about 57.99 million shares. This amounts to just over 2.56 percent of the company’s overall shares, with a $919.68 million market value. The same data shows that the other fund manager holds slightly less at 57.34 million, or about 2.53% of the stock, which is worth about $995.5 million.