Kinder Morgan, Inc. (NYSE:KMI) Receives $25.09 Consensus PT from Brokerages

Shares of Kinder Morgan, Inc. (NYSE:KMI - Get Free Report) have earned an average recommendation of "Moderate Buy" from the fourteen brokerages that are presently covering the firm, Marketbeat reports. Seven analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $25.09.

Several equities analysts have weighed in on KMI shares. Scotiabank boosted their target price on shares of Kinder Morgan from $19.00 to $21.00 and gave the company a "sector perform" rating in a report on Wednesday, July 17th. Stifel Nicolaus increased their target price on shares of Kinder Morgan from $22.00 to $23.00 and gave the stock a "hold" rating in a research note on Tuesday, August 27th. JPMorgan Chase & Co. boosted their price target on shares of Kinder Morgan from $20.00 to $23.00 and gave the company a "neutral" rating in a research note on Thursday, July 25th. Argus upgraded shares of Kinder Morgan from a "hold" rating to a "buy" rating and set a $24.00 target price for the company in a report on Friday, July 19th. Finally, Royal Bank of Canada raised their price target on Kinder Morgan from $24.00 to $26.00 and gave the stock a "sector perform" rating in a research report on Tuesday, October 22nd.

Insider Buying and Selling

In other Kinder Morgan news, VP Dax Sanders sold 1,729 shares of Kinder Morgan stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $21.00, for a total value of $36,309.00. Following the completion of the sale, the vice president now owns 307,409 shares in the company, valued at $6,455,589. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, President Thomas A. Martin sold 19,121 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $26.28, for a total transaction of $502,499.88. Following the completion of the sale, the president now owns 897,652 shares of the company's stock, valued at approximately $23,590,294.56. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Dax Sanders sold 1,729 shares of Kinder Morgan stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of $21.00, for a total transaction of $36,309.00. Following the transaction, the vice president now directly owns 307,409 shares in the company, valued at approximately $6,455,589. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 710,992 shares of company stock worth $17,619,823. 12.64% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Northwest Investment Counselors LLC purchased a new position in shares of Kinder Morgan during the 3rd quarter valued at approximately $28,000. Planning Capital Management Corp grew its holdings in Kinder Morgan by 143.6% during the 3rd quarter. Planning Capital Management Corp now owns 1,352 shares of the pipeline company's stock worth $30,000 after acquiring an additional 797 shares in the last quarter. HM Payson & Co. raised its stake in shares of Kinder Morgan by 401.8% in the 3rd quarter. HM Payson & Co. now owns 1,430 shares of the pipeline company's stock valued at $32,000 after purchasing an additional 1,145 shares in the last quarter. HWG Holdings LP bought a new position in shares of Kinder Morgan during the second quarter worth about $30,000. Finally, ZRC Wealth Management LLC bought a new stake in Kinder Morgan in the third quarter valued at about $36,000. Institutional investors and hedge funds own 62.52% of the company's stock.

Kinder Morgan Stock Up 1.8 %

KMI stock traded up $0.47 on Friday, hitting $26.88. 17,402,049 shares of the company's stock were exchanged, compared to its average volume of 15,660,194. The firm has a 50 day moving average price of $23.28 and a two-hundred day moving average price of $21.17. The stock has a market cap of $59.72 billion, a P/E ratio of 23.58, a price-to-earnings-growth ratio of 3.63 and a beta of 0.91. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.35 and a current ratio of 0.46. Kinder Morgan has a 12-month low of $16.17 and a 12-month high of $27.00.

Kinder Morgan (NYSE:KMI - Get Free Report) last released its quarterly earnings results on Wednesday, October 16th. The pipeline company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.02). The firm had revenue of $3.70 billion for the quarter, compared to analyst estimates of $4.05 billion. Kinder Morgan had a net margin of 16.76% and a return on equity of 7.87%. The firm's quarterly revenue was down 5.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.25 EPS. As a group, equities research analysts expect that Kinder Morgan will post 1.18 EPS for the current fiscal year.

Kinder Morgan Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.28%. The ex-dividend date of this dividend is Thursday, October 31st. Kinder Morgan's dividend payout ratio is presently 100.88%.

About Kinder Morgan

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.