What Are The Chances Of Kinder Morgan Inc (NYSE: KMI) Becoming A Clear Buy?

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. The stock was recently discussed on Yahoo Finance as it revealed that Kinder Morgan to Hold 2024 Investor Day.

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Stocks Info

As a NYSE listed company, KMI falls under the Energy sector while operating within the Oil & Gas Midstream industry segment. The current market capitalization of Kinder Morgan Inc is $39.55B. A total of 10.8 million shares were traded on the day, compared to an average of 14.38M shares.

In the most recent transaction, Schlosser John W sold 7,500 shares of KMI for 18.00 per share on Jan 03 ’24. After the transaction, the V.P. (President, Terminals) now owns 3,219 company shares. In a previous transaction on Dec 08 ’23, 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 ’23 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 ’23. Company shares held by the V.P. (Pres.,Nat Gas Pipelines) now total 0.

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 6.34%, and it has a price to earnings (P/E) ratio of 16.76. 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.

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. 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 11 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

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 $13.65, 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 3.56.

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