Kinder Morgan Inc. [KMI] Revenue clocked in at $11.94 billion, up 22.75% YTD: What’s Next?

Kinder Morgan Inc. [NYSE: KMI] surged by $0.42 during the normal trading session on Friday and reaching a high of $16.85 during the day while it closed the day at $16.78. The company report on April 22, 2021 that Kinder Morgan Increases Dividend 3 Percent and Raises 2021 Guidance.

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Kinder Morgan, Inc.’s (NYSE: KMI) board of directors approved a cash dividend of $0.27 per share for the first quarter ($1.08 annualized), payable on May 17, 2021, to stockholders of record as of the close of business on April 30, 2021. This dividend represents a 3% increase over the fourth quarter of 2020.

KMI is reporting first quarter net income attributable to KMI of $1,409 million, compared to a net loss attributable to KMI of $306 million in the first quarter of 2020; and distributable cash flow (DCF) of $2,329 million, compared to $1,261 million in the first quarter of 2020. The increases are primarily related to the February winter storm and therefore largely nonrecurring. We realized greater margins on KMI’s Texas intrastate pipeline systems resulting from the temporary supply and demand imbalances and substantial spot market price volatility caused by the storm; as well as favorable contributions from the CO2 segment, which curtailed oil production during the storm, allowing power it would have used to be delivered to the grid. Net income for the first quarter of 2021 is also higher relative to the prior year period due to $971 million of impairment charges taken in the first quarter of 2020.

Kinder Morgan Inc. stock has also gained 1.45% of its value over the past 7 days. However, KMI stock has inclined by 9.53% in the 3 months of the year. Over the past six months meanwhile, it has gained 33.92% and gained 22.75% year-on date.

The market cap for KMI stock reached $37.05 billion, with 2.26 billion shares outstanding and 1.95 billion shares in the current float. Compared to the average trading volume of 16.33M shares, KMI reached a trading volume of 15782621 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Kinder Morgan Inc. [KMI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KMI shares is $17.34 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KMI stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Bernstein have made an estimate for Kinder Morgan Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on March 09, 2021. While these analysts kept the previous recommendation, Barclays dropped their target price from $16 to $15. The new note on the price target was released on January 12, 2021, representing the official price target for Kinder Morgan Inc. stock.

The Average True Range (ATR) for Kinder Morgan Inc. is set at 0.37, with the Price to Sales ratio for KMI stock in the period of the last 12 months amounting to 3.10. The Price to Book ratio for the last quarter was 1.21, with the Price to Cash per share for the same quarter was set at 0.54. Price to Free Cash Flow for KMI in the course of the last twelve months was 55.05 with Quick ratio for the last quarter at 0.60.

KMI stock trade performance evaluation

Kinder Morgan Inc. [KMI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.45. With this latest performance, KMI shares gained by 3.64% in over the last four-week period, additionally plugging by 33.92% over the last 6 months – not to mention a rise of 18.09% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KMI stock in for the last two-week period is set at 57.20, with the RSI for the last a single of trading hit 57.40, and the three-weeks RSI is set at 57.29 for Kinder Morgan Inc. [KMI]. The present Moving Average for the last 50 days of trading for this stock 16.01, while it was recorded at 16.60 for the last single week of trading, and 14.36 for the last 200 days.

Kinder Morgan Inc. [KMI]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Kinder Morgan Inc. [KMI] shares currently have an operating margin of +28.29 and a Gross Margin at +37.32. Kinder Morgan Inc.’s Net Margin is presently recorded at +0.92.

Return on Total Capital for KMI is now 4.73, given the latest momentum, and Return on Invested Capital for the company is 0.16. Return on Equity for this stock inclined to 0.33, with Return on Assets sitting at 0.14. When it comes to the capital structure of this company, Kinder Morgan Inc. [KMI] has a Total Debt to Total Equity ratio set at 111.31. Additionally, KMI Total Debt to Total Capital is recorded at 52.68, with Total Debt to Total Assets ending up at 47.60. Long-Term Debt to Equity for the company is recorded at 103.05, with the Long-Term Debt to Total Capital now at 48.77.

Reflecting on the efficiency of the workforce at the company, Kinder Morgan Inc. [KMI] managed to generate an average of $10,072 per employee. Receivables Turnover for the company is 8.62 with a Total Asset Turnover recorded at a value of 0.15.Kinder Morgan Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.60.

Earnings per share (EPS) analysis for Kinder Morgan Inc. [KMI] stock

With the latest financial reports released by the company, Kinder Morgan Inc. posted 0.17/share EPS, while the average EPS was predicted by analysts to be reported at 0.15/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 13.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KMI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Kinder Morgan Inc. go to 1.63%.

Kinder Morgan Inc. [KMI]: Insider Ownership positions

There are presently around $22,988 million, or 62.40% of KMI stock, in the hands of institutional investors. The top three institutional holders of KMI stocks are: VANGUARD GROUP INC with ownership of 164,471,379, which is approximately -2.681% of the company’s market cap and around 12.50% of the total institutional ownership; BLACKROCK INC., holding 150,555,310 shares of the stock with an approximate value of $2.53 billion in KMI stocks shares; and STATE STREET CORP, currently with $1.95 billion in KMI stock with ownership of nearly 5.789% of the company’s market capitalization.

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Positions in Kinder Morgan Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 551 institutional holders increased their position in Kinder Morgan Inc. [NYSE:KMI] by around 111,348,106 shares. Additionally, 564 investors decreased positions by around 115,549,906 shares, while 114 investors held positions by with 1,143,076,615 shares. The mentioned changes placed institutional holdings at 1,369,974,627 shares, according to the latest SEC report filing. KMI stock had 145 new institutional investments in for a total of 20,071,361 shares, while 93 institutional investors sold positions of 11,794,754 shares during the same period.

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