Kinder Morgan (KMI) Projected to Post Earnings on Wednesday

Kinder Morgan (NYSE:KMI - Get Free Report) is expected to announce its earnings results after the market closes on Wednesday, April 16th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $4.02 billion for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

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 (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.01). Kinder Morgan had a net margin of 17.31% and a return on equity of 8.09%. On average, analysts expect Kinder Morgan to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Kinder Morgan Stock Performance

Shares of NYSE KMI traded up $0.41 during trading on Tuesday, reaching $27.21. The stock had a trading volume of 12,972,847 shares, compared to its average volume of 13,987,547. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.39 and a current ratio of 0.49. Kinder Morgan has a one year low of $17.61 and a one year high of $31.48. The firm's 50 day moving average price is $26.93 and its two-hundred day moving average price is $26.84. The stock has a market cap of $60.47 billion, a PE ratio of 23.26, a P/E/G ratio of 3.08 and a beta of 0.72.

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Kinder Morgan Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 3rd were paid a dividend of $0.2875 per share. The ex-dividend date was Monday, February 3rd. This represents a $1.15 annualized dividend and a yield of 4.23%. Kinder Morgan's dividend payout ratio (DPR) is 98.29%.

Analysts Set New Price Targets

KMI has been the subject of a number of analyst reports. Mizuho boosted their price objective on Kinder Morgan from $31.00 to $33.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Royal Bank of Canada lifted their price objective on shares of Kinder Morgan from $26.00 to $27.00 and gave the company a "sector perform" rating in a research report on Monday, March 3rd. Barclays upgraded shares of Kinder Morgan from an "equal weight" rating to an "overweight" rating and set a $31.00 price target on the stock in a research note on Monday, March 3rd. JPMorgan Chase & Co. lifted their target price on Kinder Morgan from $28.00 to $29.00 and gave the company a "neutral" rating in a research note on Wednesday, March 5th. Finally, Morgan Stanley increased their price target on Kinder Morgan from $24.00 to $36.00 in a research note on Thursday, January 23rd. Seven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $29.64.

Insider Activity

In related news, President Thomas A. Martin sold 18,000 shares of the stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $28.75, for a total transaction of $517,500.00. Following the completion of the sale, the president now directly owns 807,652 shares in the company, valued at approximately $23,219,995. This trade represents a 2.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP John W. Schlosser sold 75,461 shares of the business's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $26.65, for a total value of $2,011,035.65. Following the completion of the transaction, the vice president now owns 220,681 shares in the company, valued at $5,881,148.65. This trade represents a 25.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 129,461 shares of company stock worth $3,506,116 over the last quarter. Corporate insiders own 12.64% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Kinder Morgan stock. Brighton Jones LLC bought a new position in Kinder Morgan, Inc. (NYSE:KMI - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 11,253 shares of the pipeline company's stock, valued at approximately $308,000. 62.52% of the stock is currently owned by institutional investors and hedge funds.

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.