12.2 C
New York
Monday, June 5, 2023

This Is Too Hot For Kinder Morgan Inc. (NYSE: KMI), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Kinder Morgan Inc. (KMI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.07, or -0.43%, to $16.15. The Kinder Morgan Inc. has recorded 478,865 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Kinder Morgan and Neste Announce Commercial In-Service of Major Renewable Feedstock Storage and Logistics Hub.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

Stocks Info

As a NYSE listed company, KMI falls under the Energy sector while operating within the Oil & Gas Midstream industry segment. At the end of the last regular session, the stock closed at $16.22 and fluctuated between $16.39 as its day high and $16.11 as its day low. The current market capitalization of Kinder Morgan Inc. is $36.35B. A total of 15.83 million shares were traded on the day, compared to an average of 12.48M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, KMI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 13 BUYs and 23 SELLs from insiders. Insiders purchased 916,247 shares during that period but sold 379,831.

In the most recent transaction, ASHLEY ANTHONY B sold 13,232 shares of KMI for 18.14 per share on Feb 15. After the transaction, the VP (President, CO2 and ETV) now owns 27,826 company shares. In a previous transaction on Jan 25, Schlosser John W sold 1,500 shares at 18.44 per share. KMI shares that V.P. (President, Terminals) owns now total 19,719.

Among the insiders who sold shares, Schlosser John W disposed of 1,500 shares on Dec 27 at a per-share price of $18.18. This resulted in the V.P. (President, Terminals) holding 21,219 shares of KMI after the transaction. In another insider transaction, Schlosser John W sold 1,500 shares at $18.70 per share on Nov 25. Company shares held by the V.P. (President, Terminals) now total 22,719.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Kinder Morgan Inc. pays an annual dividend of $1.13, resulting in a dividend yield of 6.97%, and it has a price to earnings (P/E) ratio of 14.35. KMI’s most recent ex-dividend date was 4/28/2023 when it declared a $0.2825 quarterly dividend that was paid in cash on 5/15/2023. Previously, the company paid the dividend on 2/15/2023 with an ex-dividend date of 1/30/2023. The KMI stock dividend was $0.2775 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for KMI in the last 3 months, the mean price target is $20.27 with high estimates of $23.00 and low estimates of $18.00. In terms of 52-week highs and lows, KMI has a high of $20.20 and a low of $15.77.

As of this writing, KMI has an earnings estimate of $0.25 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $0.3 per share and a lower estimate of $0.19. The company reported an EPS of $0.31 in the last quarter, which was 3.30% higher than expectations of $0.3.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. KMI’s latest balance sheet shows that the firm has $1.14B in Cash & Short Term Investments as of fiscal 2021. There were $33.32B in debt and $5.82B in liabilities at the time. Its Book Value Per Share was $13.69, while its Total Shareholder’s Equity was $31.92B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KMI is Buy with a score of 3.44.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles