Kinder Morgan (NYSE:KMI) Updates FY 2025 Earnings Guidance

Kinder Morgan (NYSE:KMI - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.270-1.270 for the period, compared to the consensus earnings per share estimate of 1.260. The company issued revenue guidance of -.

Analysts Set New Price Targets

KMI has been the subject of several analyst reports. Bank of America initiated coverage on shares of Kinder Morgan in a report on Thursday, October 17th. They issued a "buy" rating and a $27.00 price target for the company. Stifel Nicolaus lifted their price objective on Kinder Morgan from $22.00 to $23.00 and gave the company a "hold" rating in a research note on Tuesday, August 27th. UBS Group upped their target price on Kinder Morgan from $33.00 to $34.00 and gave the stock a "buy" rating in a research note on Friday. Morgan Stanley set a $26.00 price target on Kinder Morgan in a research report on Friday, October 18th. Finally, Royal Bank of Canada upped their price objective on shares of Kinder Morgan from $24.00 to $26.00 and gave the stock a "sector perform" rating in a research report on Tuesday, October 22nd. Eight analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $25.75.

Kinder Morgan Trading Down 0.8 %

Kinder Morgan stock traded down $0.21 during mid-day trading on Tuesday, hitting $26.89. The company's stock had a trading volume of 14,650,791 shares, compared to its average volume of 13,793,351. The business has a 50 day moving average price of $25.87 and a 200-day moving average price of $22.49. 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 12 month low of $16.47 and a 12 month high of $28.81. The stock has a market cap of $59.74 billion, a price-to-earnings ratio of 23.77, a price-to-earnings-growth ratio of 4.00 and a beta of 0.94.

Kinder Morgan (NYSE:KMI - Get Free Report) last issued its earnings results 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). The company had revenue of $3.70 billion for the quarter, compared to analysts' expectations of $4.05 billion. Kinder Morgan had a net margin of 16.76% and a return on equity of 7.87%. The company's revenue was down 5.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.25 earnings per share. As a group, 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 was paid on Friday, November 15th. Investors of record on Thursday, October 31st were paid a $0.2875 dividend. This represents a $1.15 annualized dividend and a dividend yield of 4.28%. The ex-dividend date was Thursday, October 31st. Kinder Morgan's payout ratio is 100.88%.

Insider Buying and Selling at Kinder Morgan

In related news, Director C Park Shaper sold 690,142 shares of the firm's stock in a transaction on Monday, October 21st. The stock was sold at an average price of $24.75, for a total value of $17,081,014.50. Following the completion of the sale, the director now owns 6,809,858 shares of the company's stock, valued at $168,543,985.50. This trade represents a 9.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Amy W. Chronis acquired 2,241 shares of Kinder Morgan stock in a transaction on Tuesday, November 5th. The shares were bought at an average cost of $24.89 per share, for a total transaction of $55,778.49. Following the completion of the transaction, the director now owns 23,995 shares in the company, valued at approximately $597,235.55. This trade represents a 10.30 % increase in their position. The disclosure for this purchase can be found here. Insiders sold 727,263 shares of company stock valued at $18,075,634 in the last quarter. Company 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.