Today, Kinder Morgan Inc (NYSE: KMI) Takes Center Stage

After Hours

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. Most recently, Yahoo Finance reported about the stock as it publicized that Kinder Morgan to Hold 2024 Investor Day.

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Stocks Info

The company is listed on the NYSE and operates within the Oil & Gas Midstream industry segment. At the end of the last regular session, the stock closed at $17.06 and fluctuated between $17.22 as its day high and $17.00 as its day low. The current market capitalization of Kinder Morgan Inc is $37.92B. A total of 13.3 million shares were traded on the day, compared to an average of 14.60M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. 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 12 BUYs and 15 SELLs from insiders. Insiders purchased 1,716,384 shares during that period but sold 721,076.

In the most recent transaction, Schlosser John W sold 7,500 shares of KMI for 18.00 per share on Jan 03. After the transaction, the V.P. (President, Terminals) now owns 3,219 company shares. In a previous transaction on Dec 08, Sanders Dax sold 50,000 shares at 17.63 per share. KMI shares that VP (Pres., Products Pipelines) owns now total 309,069.

Among the insiders who sold shares, Mathews Denise R disposed of 30,000 shares on Dec 06 at a per-share price of $17.55. This resulted in the VP and Chief Admin. Officer holding 79,217 shares of KMI after the transaction. In another insider transaction, Mody Sital K sold 55,849 shares at $17.36 per share on Aug 04. Company shares held by the V.P. (Pres.,Nat Gas Pipelines) now total 0.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Kinder Morgan Inc pays an annual dividend of $1.13, resulting in a dividend yield of 6.62%, and it has a price to earnings (P/E) ratio of 16.04. KMI’s most recent ex-dividend date was 1/30/2024 when it declared a $0.2825 quarterly dividend that was paid in cash on 2/15/2024. Previously, the company paid the dividend on 11/15/2023 with an ex-dividend date of 10/30/2023. The KMI stock dividend was $0.2825 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for KMI in the last 3 months, the mean price target is $20.60 with high estimates of $23.00 and low estimates of $17.00. In terms of 52-week highs and lows, KMI has a high of $18.30 and a low of $15.89.

As of this writing, KMI has an earnings estimate of $0.35 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.39 per share and a lower estimate of $0.31. The company reported an EPS of $0.24 in the last quarter, which was -7.70% lower than expectations of $0.26.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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 $13.58, while its Total Shareholder’s Equity was $31.92B.

Analysts Opinion

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. 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 3.56.

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