Kinder Morgan Inc (NYSE:KMI)’s traded shares stood at 15.98 million during the last session, with the company’s beta value hitting 0.92. At the close of trading, the stock’s price was $24.95, to imply a decrease of -0.16% or -$0.04 in intraday trading. The KMI share’s 52-week high remains $25.43, putting it -1.92% down since that peak but still an impressive 36.23% since price per share fell to its 52-week low of $15.91. The company has a valuation of $55.43B, with an average of 15.66 million shares in intraday trading volume over the past 10 days and average of 13.09 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Kinder Morgan Inc (KMI), translating to a mean rating of 2.24. Of 10 analyst(s) looking at the stock, 1 analyst(s) give KMI a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.33.
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Kinder Morgan Inc (NYSE:KMI) trade information
After registering a -0.16% downside in the last session, Kinder Morgan Inc (KMI) has traded red over the past five days. The 5-day price performance for the stock is 0.00%, and 15.08% over 30 days. With these gigs, the year-to-date price performance is 41.44%. Short interest in Kinder Morgan Inc (NYSE:KMI) saw shorts transact 39.91 million shares and set a 3.2 days time to cover.
The extremes give us $17 and $30.5 for target low and target high price respectively. As such, KMI has been trading -22.24% off suggested target high and 31.86% from its likely low.
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 33.57% up over the last 6 months, with its year-to-date growth rate higher than industry average at 10.28% against 5.50%. Revenue is forecast to grow 22.20% this quarter before jumping 2.90% for the next one. The rating firms project that company’s revenue will grow 0.70% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 4.12B. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 4.06B.Earnings reports from the last fiscal year show that sales brought in 3.96B and 3.84B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 3.80% before jumping 5.70% in the following quarter.
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 10.06% return in earnings, projections for the next 5 years are at 7.29% annually.
KMI Dividends
Kinder Morgan Inc has its next earnings report out on 2025-Jan-15. 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 1.14, with the share yield ticking at 4.57% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 6.32%.
Kinder Morgan Inc (NYSE:KMI)’s Major holders
Kinder Morgan Inc insiders hold 12.80% of total outstanding shares, with institutional holders owning 67.12% of the shares at 76.97% float percentage. In total, 67.12% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 200.45 million shares (or 9.0293% of shares), all amounting to roughly $3.98 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 156.97 million shares, or about 7.0706% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.12 billion.
