Kinder Morgan, Inc. (NYSE:KMI) Given Average Rating of "Moderate Buy" by Analysts

Kinder Morgan, Inc. (NYSE:KMI - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the fourteen analysts that are covering the company, Marketbeat reports. Seven research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $28.92.

A number of research analysts have recently commented on the company. Barclays increased their price objective on Kinder Morgan from $27.00 to $31.00 and gave the company an "equal weight" rating in a report on Thursday, January 16th. The Goldman Sachs Group lifted their price target on shares of Kinder Morgan from $26.00 to $29.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Bank of America assumed coverage on shares of Kinder Morgan in a research note on Thursday, October 17th. They issued a "buy" rating and a $27.00 price objective for the company. Morgan Stanley lifted their target price on Kinder Morgan from $24.00 to $36.00 in a research report on Thursday. Finally, Truist Financial raised their price target on Kinder Morgan from $25.00 to $31.00 and gave the stock a "hold" rating in a research note on Thursday.

Insiders Place Their Bets

In related news, President Thomas A. Martin sold 18,000 shares of the company's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $27.91, for a total transaction of $502,380.00. Following the completion of the transaction, the president now directly owns 861,652 shares in the company, valued at $24,048,707.32. This represents a 2.05 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Amy W. Chronis bought 2,241 shares of the business's stock in a transaction on Tuesday, November 5th. The shares were acquired at an average cost of $24.89 per share, for a total transaction of $55,778.49. Following the purchase, the director now directly owns 23,995 shares in the company, valued at $597,235.55. This represents a 10.30 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 55,121 shares of company stock worth $1,497,000 in the last quarter. 12.64% of the stock is owned by corporate insiders.

Institutional Trading of Kinder Morgan

A number of large investors have recently added to or reduced their stakes in the business. Retirement Wealth Solutions LLC acquired a new position in Kinder Morgan in the 4th quarter worth approximately $25,000. Modus Advisors LLC acquired a new position in Kinder Morgan in the 4th quarter worth about $27,000. Northwest Investment Counselors LLC bought a new position in Kinder Morgan during the third quarter valued at approximately $28,000. Planning Capital Management Corp raised its holdings in shares of Kinder Morgan by 143.6% during the 3rd quarter. Planning Capital Management Corp now owns 1,352 shares of the pipeline company's stock valued at $30,000 after purchasing an additional 797 shares in the last quarter. Finally, HM Payson & Co. raised its holdings in Kinder Morgan by 401.8% during the third quarter. HM Payson & Co. now owns 1,430 shares of the pipeline company's stock valued at $32,000 after buying an additional 1,145 shares in the last quarter. 62.52% of the stock is currently owned by institutional investors.

Kinder Morgan Stock Down 0.9 %

Shares of Kinder Morgan stock traded down $0.28 on Thursday, reaching $30.50. 17,647,699 shares of the company were exchanged, compared to its average volume of 14,795,516. The stock's 50 day moving average price is $27.90 and its 200-day moving average price is $24.32. 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 has a 1-year low of $16.47 and a 1-year high of $31.48. The company has a market cap of $67.77 billion, a P/E ratio of 26.76, a price-to-earnings-growth ratio of 4.18 and a beta of 0.94.

Kinder Morgan (NYSE:KMI - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The pipeline company reported $0.32 earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by ($0.01). Kinder Morgan had a net margin of 16.76% and a return on equity of 7.87%. As a group, equities analysts forecast that Kinder Morgan will post 1.18 EPS for the current year.

Kinder Morgan Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.2875 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $1.15 dividend on an annualized basis and a dividend yield of 3.77%. Kinder Morgan's payout ratio is currently 100.88%.

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.