In last trading session, Kinder Morgan Inc (NYSE:KMI) saw 13.67 million shares changing hands with its beta currently measuring 0.92. Company’s recent per share price level of $24.95 trading at $0.13 or 0.52% at ring of the bell on the day assigns it a market valuation of $55.46B. That closing price of KMI’s stock is at a discount of -1.92% from its 52-week high price of $25.43 and is indicating a premium of 36.23% from its 52-week low price of $15.91. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 16.02 million shares which gives us an average trading volume of 14.15 million if we extend that period to 3-months.
For Kinder Morgan Inc (KMI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.24. Splitting up the data highlights that, out of 10 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.33 in the current quarter.
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Kinder Morgan Inc (NYSE:KMI) trade information
Upright in the green during last session for gaining 0.52%, in the last five days KMI remained trading in the green while hitting it’s week-highest on Thursday, 10/17/24 when the stock touched $24.95 price level, adding 1.89% to its value on the day. Kinder Morgan Inc’s shares saw a change of 41.44% in year-to-date performance and have moved 1.01% in past 5-day. Kinder Morgan Inc (NYSE:KMI) showed a performance of 15.56% in past 30-days. Number of shares sold short was 39.91 million shares which calculate 3.2 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 21 to the stock, which implies a fall of -18.81% to its current value. Analysts have been projecting 17 as a low price target for the stock while placing it at a high target of 30.5. It follows that stock’s current price would jump 31.86% in reaching the projected high whereas dropping to the targeted low would mean a gain of 31.86% for stock’s current value.
Kinder Morgan Inc (KMI) estimates and forecasts
Statistics highlight that Kinder Morgan Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 32.43% of value to its shares in past 6 months, showing an annual growth rate of 11.21% while that of industry is 5.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 3.40% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 4.15B for the same. And 5 analysts are in estimates of company making revenue of 4.1B in the next quarter. Company posted 3.96B and 3.84B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 9.87% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 10.40% while estimates for its earnings growth in next 5 years are of 7.29%.
KMI Dividends
Kinder Morgan Inc is more likely to be releasing its next quarterly report on 2025-Jan-15 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 4.57%, the share has a forward dividend of 1.14 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 6.32%.
Kinder Morgan Inc (NYSE:KMI)’s Major holders
Insiders are in possession of 12.81% of company’s total shares while institution are holding 67.07 percent of that, with stock having share float percentage of 76.93%. Investors also watch the number of corporate investors in a company very closely, which is 67.07% institutions for Kinder Morgan Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at KMI for having 200.45 million shares of worth $3.98 billion. And as of 2024-06-30, it was holding 9.0293 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 156.97 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.0706 of outstanding shares, having a total worth of $3.12 billion.
