Kinder Morgan (NYSE:KMI) Updates FY25 Earnings Guidance

Kinder Morgan (NYSE:KMI) updated its FY25 earnings guidance on Monday. The company provided EPS guidance of $1.27 for the period, compared to the consensus EPS estimate of $1.25.

Analyst Ratings Changes

KMI has been the topic of several analyst reports. Stifel Nicolaus boosted their price target on shares of Kinder Morgan from $22.00 to $23.00 and gave the stock a “hold” rating in a research report on Tuesday, August 27th. Bank of America started coverage on Kinder Morgan in a research report on Thursday, October 17th. They issued a “buy” rating and a $27.00 target price on the stock. UBS Group raised their price target on Kinder Morgan from $33.00 to $34.00 and gave the company a “buy” rating in a research note on Friday. The Goldman Sachs Group upped their price objective on Kinder Morgan from $26.00 to $29.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, Royal Bank of Canada raised their target price on shares of Kinder Morgan from $24.00 to $26.00 and gave the company a “sector perform” rating in a research note on Tuesday, October 22nd. Eight research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $25.75.

Kinder Morgan Stock Down 2.4 %

KMI stock opened at $27.10 on Tuesday. The business’s fifty day moving average price is $25.87 and its two-hundred day moving average price is $22.49. The stock has a market capitalization of $60.21 billion, a price-to-earnings ratio of 23.77, a PEG ratio of 4.00 and a beta of 0.94. Kinder Morgan has a fifty-two week low of $16.47 and a fifty-two week high of $28.81. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.46 and a quick ratio of 0.35.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings data on Wednesday, October 16th. The pipeline company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.02). Kinder Morgan had a return on equity of 7.87% and a net margin of 16.76%. The business had revenue of $3.70 billion during the quarter, compared to analyst estimates of $4.05 billion. During the same quarter last year, the firm earned $0.25 EPS. Kinder Morgan’s revenue for the quarter was down 5.3% compared to the same quarter last year. On average, equities analysts anticipate that Kinder Morgan will post 1.18 earnings per share for the current year.

Kinder Morgan Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a dividend of $0.2875 per share. The ex-dividend date was Thursday, October 31st. This represents a $1.15 dividend on an annualized basis and a yield of 4.24%. Kinder Morgan’s dividend payout ratio (DPR) is presently 100.88%.

Insider Buying and Selling at Kinder Morgan

In other news, Director Amy W. Chronis bought 2,241 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was bought at an average cost of $24.89 per share, for a total transaction of $55,778.49. Following the transaction, the director now owns 23,995 shares of the company’s stock, valued at $597,235.55. This represents a 10.30 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director C Park Shaper sold 690,142 shares of the stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $24.75, for a total transaction of $17,081,014.50. Following the sale, the director now owns 6,809,858 shares in the company, valued at $168,543,985.50. This represents a 9.20 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 727,263 shares of company stock valued at $18,075,634 in the last three months. Corporate insiders own 12.81% of the company’s stock.

Kinder Morgan Company Profile

Kinder Morgan, Inc operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.