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

Kinder Morgan (NYSE:KMIGet 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 -.

Kinder Morgan Trading Down 0.7 %

KMI stock opened at $26.90 on Wednesday. The stock has a market cap of $59.76 billion, a price-to-earnings ratio of 23.60, a price-to-earnings-growth ratio of 4.00 and a beta of 0.94. The company has a fifty day moving average price of $25.87 and a two-hundred day moving average price of $22.49. Kinder Morgan has a one year low of $16.47 and a one year 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:KMIGet Free Report) last announced its quarterly earnings results on Wednesday, October 16th. The pipeline company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). The company had revenue of $3.70 billion during 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% on a year-over-year basis. During the same quarter last year, the company posted $0.25 EPS. Equities analysts anticipate that Kinder Morgan will post 1.18 EPS for the current year.

Kinder Morgan Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were issued a $0.2875 dividend. The ex-dividend date was Thursday, October 31st. This represents a $1.15 annualized dividend and a yield of 4.28%. Kinder Morgan’s dividend payout ratio is currently 100.88%.

Analyst Upgrades and Downgrades

KMI has been the topic of several research analyst reports. Truist Financial increased their price target on shares of Kinder Morgan from $22.00 to $25.00 and gave the company a “hold” rating in a report on Thursday, October 17th. Stifel Nicolaus increased their price target on shares of Kinder Morgan from $22.00 to $23.00 and gave the company a “hold” rating in a report on Tuesday, August 27th. Royal Bank of Canada increased their price target on shares of Kinder Morgan from $24.00 to $26.00 and gave the company a “sector perform” rating in a report on Tuesday, October 22nd. UBS Group raised their target price on shares of Kinder Morgan from $33.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, December 6th. Finally, The Goldman Sachs Group raised their target price on shares of Kinder Morgan from $26.00 to $29.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Eight research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Kinder Morgan presently has a consensus rating of “Moderate Buy” and a consensus price target of $25.75.

Check Out Our Latest Stock Analysis on KMI

Insider Transactions at Kinder Morgan

In related news, Director C Park Shaper sold 690,142 shares of Kinder Morgan stock in a transaction on Monday, October 21st. The shares were sold at an average price of $24.75, for a total transaction of $17,081,014.50. Following the completion of the transaction, 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 filing with the Securities & Exchange Commission, which is available at the SEC website. Also, President Thomas A. Martin sold 18,000 shares of Kinder Morgan stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $27.34, for a total transaction of $492,120.00. Following the transaction, the president now directly owns 879,652 shares of the company’s stock, valued at $24,049,685.68. This represents a 2.01 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 727,263 shares of company stock worth $18,075,634. Company insiders own 12.81% of the company’s stock.

Kinder Morgan Company Profile

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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.

See Also

Earnings History and Estimates for Kinder Morgan (NYSE:KMI)

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