Kinder Morgan Inc (NYSE:KMI) – Research analysts at US Capital Advisors cut their Q3 2017 earnings per share (EPS) estimates for shares of Kinder Morgan in a report released on Wednesday. US Capital Advisors analyst B. Followill now forecasts that the pipeline company will earn $0.15 per share for the quarter, down from their previous estimate of $0.16. US Capital Advisors currently has a “Overweight” rating on the stock. US Capital Advisors also issued estimates for Kinder Morgan’s Q4 2017 earnings at $0.17 EPS, FY2017 earnings at $0.64 EPS, Q2 2018 earnings at $0.18 EPS, Q3 2018 earnings at $0.19 EPS, Q4 2018 earnings at $0.19 EPS and FY2018 earnings at $0.75 EPS.
KMI has been the topic of a number of other reports. Vetr downgraded Kinder Morgan from a “strong-buy” rating to a “buy” rating and set a $23.88 target price on the stock. in a research report on Tuesday, January 31st. Royal Bank of Canada reiterated a “hold” rating and issued a $25.00 target price on shares of Kinder Morgan in a research report on Friday, March 17th. Credit Suisse Group AG set a $27.00 target price on Kinder Morgan and gave the stock a “buy” rating in a research report on Thursday, April 20th. Macquarie initiated coverage on Kinder Morgan in a research report on Friday, April 21st. They issued a “neutral” rating and a $21.00 target price on the stock. Finally, Sanford C. Bernstein started coverage on Kinder Morgan in a research report on Tuesday, May 16th. They issued a “market perform” rating on the stock. Six analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $24.04. Kinder Morgan (NYSE:KMI) opened at 19.25 on Friday. The company has a market capitalization of $42.97 billion, a price-to-earnings ratio of 63.74 and a beta of 0.73. Kinder Morgan has a 52-week low of $17.07 and a 52-week high of $23.36. The company’s 50-day moving average price is $20.37 and its 200 day moving average price is $21.31.
The company also recently disclosed a quarterly dividend, which was paid on Monday, May 15th. Investors of record on Monday, May 1st were paid a $0.125 dividend. The ex-dividend date was Thursday, April 27th. This represents a $0.50 annualized dividend and a yield of 2.60%. Kinder Morgan’s dividend payout ratio (DPR) is currently 200.00%. A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Mutual of America Capital Management LLC boosted its position in shares of Kinder Morgan by 3.9% in the third quarter. Mutual of America Capital Management LLC now owns 221,344 shares of the pipeline company’s stock valued at $5,120,000 after buying an additional 8,374 shares during the period. OLD National Bancorp IN raised its stake in Kinder Morgan by 34.5% in the third quarter. OLD National Bancorp IN now owns 27,584 shares of the pipeline company’s stock worth $638,000 after buying an additional 7,068 shares in the last quarter. Investment Partners Ltd. OH ADV bought a new stake in Kinder Morgan during the third quarter worth $537,000. Advisor Partners LLC raised its stake in Kinder Morgan by 7.3% in the third quarter. Advisor Partners LLC now owns 40,390 shares of the pipeline company’s stock worth $934,000 after buying an additional 2,750 shares in the last quarter. Finally, State Treasurer State of Michigan raised its stake in Kinder Morgan by 2.6% in the third quarter. State Treasurer State of Michigan now owns 1,337,898 shares of the pipeline company’s stock worth $30,946,000 after buying an additional 34,400 shares in the last quarter. 55.78% of the stock is currently owned by institutional investors.
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.
Receive News & Ratings for Kinder Morgan Inc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Kinder Morgan Inc and related companies with MarketBeat.com’s FREE daily email newsletter.