Kinder Morgan (NYSE:KMI) – Research analysts at US Capital Advisors raised their Q4 2018 EPS estimates for shares of Kinder Morgan in a research note issued to investors on Friday, April 6th. US Capital Advisors analyst B. Followill now anticipates that the pipeline company will post earnings per share of $0.23 for the quarter, up from their prior estimate of $0.22. US Capital Advisors also issued estimates for Kinder Morgan’s FY2020 earnings at $0.95 EPS.
KMI has been the topic of a number of other research reports. JPMorgan Chase decreased their target price on Kinder Morgan from $22.00 to $21.00 and set an “overweight” rating on the stock in a research report on Monday, February 12th. Bank of America upgraded Kinder Morgan from a “neutral” rating to a “buy” rating and increased their target price for the company from $15.61 to $20.00 in a research report on Wednesday, March 21st. Zacks Investment Research lowered Kinder Morgan from a “hold” rating to a “sell” rating in a research report on Monday, January 8th. ValuEngine lowered Kinder Morgan from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Finally, Argus upgraded Kinder Morgan from a “hold” rating to a “buy” rating in a research report on Monday, January 29th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $22.37.
Shares of NYSE:KMI opened at $15.17 on Monday. Kinder Morgan has a 1 year low of $14.69 and a 1 year high of $21.85. The company has a market cap of $33,466.04, a PE ratio of 22.98, a price-to-earnings-growth ratio of 1.54 and a beta of 0.64. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.37 and a current ratio of 0.44.
Kinder Morgan (NYSE:KMI) last announced its earnings results on Wednesday, January 17th. The pipeline company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. Kinder Morgan had a return on equity of 4.38% and a net margin of 1.34%. The firm had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.52 billion. During the same quarter last year, the firm posted $0.08 EPS. The business’s revenue was up 7.2% on a year-over-year basis.
A number of hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP increased its stake in shares of Kinder Morgan by 17.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 13,950,108 shares of the pipeline company’s stock worth $267,575,000 after acquiring an additional 2,048,560 shares during the last quarter. Capital Guardian Trust Co. increased its stake in shares of Kinder Morgan by 0.4% in the 3rd quarter. Capital Guardian Trust Co. now owns 908,900 shares of the pipeline company’s stock worth $17,433,000 after acquiring an additional 3,800 shares during the last quarter. Cedar Hill Associates LLC acquired a new stake in shares of Kinder Morgan in the 3rd quarter worth $241,000. Valeo Financial Advisors LLC acquired a new stake in shares of Kinder Morgan in the 3rd quarter worth $104,000. Finally, Piedmont Investment Advisors LLC increased its stake in shares of Kinder Morgan by 0.9% in the 3rd quarter. Piedmont Investment Advisors LLC now owns 415,171 shares of the pipeline company’s stock worth $7,963,000 after acquiring an additional 3,823 shares during the last quarter. Institutional investors own 62.57% of the company’s stock.
In other news, Director William A. Smith acquired 5,500 shares of the firm’s stock in a transaction on Monday, January 22nd. The shares were bought at an average price of $19.52 per share, for a total transaction of $107,360.00. Following the acquisition, the director now owns 14,587 shares of the company’s stock, valued at approximately $284,738.24. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 13.99% of the company’s stock.
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Kinder Morgan Company Profile
Kinder Morgan, Inc is an energy infrastructure company. It operates through five segments. Its Natural Gas Pipelines segment is engaged in the ownership and operation of interstate and intrastate natural gas pipeline and storage systems, and liquefied natural gas facilities, among others. Its CO2 segment is engaged in the production, transportation and marketing of carbon dioxide (CO2) to oil fields and the ownership and operation of a crude oil pipeline system, among others.
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