Kinder Morgan (Kmi) Stock Is Down 2.1%.

Kinder Morgan

On Thursday, Kinder Morgan (NYSE:KMI) opened at $17.52. The stock is worth $39.47 billion, with a P/E ratio of 16.37, a P/E/G ratio of 4.98, and a beta of 0.92. The company’s 50-day moving average is $18.11, and its 200-day moving average is $18.31. Kinder Morgan, Inc.’s one-year low is $15.01, and its one-year high is $20.20. The debt-to-equity ratio is 0.90, the current ratio is 0.52, and the quick ratio is 0.42.

Kinder Morgan (NYSE:KMI) reported quarterly earnings on Wednesday, July 20th. The pipeline business reported $0.27 earnings per share for the quarter, which was in line with the $0.27 average expectation. Kinder Morgan’s net margin was 13.76%, while its return on equity was 7.82%. The company’s quarterly sales were $5.15 billion, compared to analysts’ forecasts of $3.67 billion. The firm earned $0.23 per share at the same time the prior year. Revenue for the quarter increased by 63.5% compared to the previous year’s period. According to equity research experts, Kinder Morgan, Inc. is expected to earn 1.2 per share in the current fiscal year.

Kinder Morgan Declares a Dividend

In addition, the firm recently announced a quarterly dividend, which was paid on August 15th. Dividends of $0.2775 per share were paid to shareholders of record on Monday, August 1st. This equates to a $1.11 yearly dividend and a 6.34% yield. This dividend’s ex-dividend date was Friday, July 29th. The dividend payout ratio (DPR) of Kinder Morgan is currently at 103.74%.

KMI Stock: Market Evaluation of KMI Stock

KMI has received feedback from several brokerage firms. In a research report issued on Wednesday, September 7th, Goldman Sachs Group raised KMI stock (NYSE: KMI) from a “sell” rating to a “neutral” rating and set a $19.00 target price for the company. In a report issued on Wednesday, June 1st, US Capital Advisors reaffirmed its “hold” recommendation on KMI stock. In research released on Tuesday, August 16th, Barclays raised their price objective on KMI stock (NYSE:KMI) from $20.00 to $21.00 and assigned it an “equal weight” rating. Finally, in a research note issued on Friday, July 22nd, UBS Group raised their price objective on KMI stock (NYSE:KMI) to $25.00. The stock has received a sell recommendation from two investment experts, a hold recommendation from six, and a buy recommendation from two analysts. According to MarketBeat data, Kinder Morgan now has a consensus rating of “Hold” and an average price target of $21.00.

Kinder Morgan Company Information

Kinder Morgan, Inc. is a North American energy infrastructure business. Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 are the four business segments of the corporation. Natural Gas Pipelines is the owner and operator of underground storage, interstate and intrastate natural gas pipelines, natural gas gathering systems, processing and treating facilities, fractionation and transportation systems for natural gas liquids, and liquefied natural gas liquefaction and storage facilities.

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