Now Is The Time To Build A Position In Kinder Morgan Inc (NYSE:KMI)

Kinder Morgan Inc (NYSE:KMI)’s traded shares stood at 26.08 million during the last session, with the company’s beta value hitting 0.88. At the close of trading, the stock’s price was $18.21, to imply an increase of 2.53% or $0.45 in intraday trading. The KMI share’s 52-week high remains $18.72, putting it -2.8% down since that peak but still an impressive 12.74% since price per share fell to its 52-week low of $15.89. The company has a valuation of $40.41B, with an average of 14.09 million shares over the past 3 months.

Kinder Morgan Inc (NYSE:KMI) trade information

After registering a 2.53% upside in the last session, Kinder Morgan Inc (KMI) has traded red over the past five days. The stock hit a weekly high of 18.54, jumping 2.53% in its intraday price action. The 5-day price performance for the stock is -0.76%, and 1.56% over 30 days. With these gigs, the year-to-date price performance is 3.23%.

Kinder Morgan Inc (KMI) estimates and forecasts

Looking at statistics comparing Kinder Morgan Inc share performance against respective industry, we note that the company has outperformed competitors. Kinder Morgan Inc (KMI) shares are 5.08% up over the last 6 months, with its year-to-date growth rate higher than industry average at 11.21% against 0.30%.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 9.87% for the past 5-year period. While 2024 is set for a 13.08% return in earnings, projections for the next 5 years are at 5.30% annually.

KMI Dividends

Kinder Morgan Inc has its next earnings report out on April 17. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Kinder Morgan Inc has a forward dividend ratio of 1.13, with the share yield ticking at 6.21% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.