Kinder Morgan Inc. [KMI] Revenue clocked in at $19.20 billion, down -1.49% YTD: What’s Next?

Kinder Morgan Inc. [NYSE: KMI] closed the trading session at $17.81 on 04/14/23. The day’s price range saw the stock hit a low of $17.70, while the highest price level was $17.90. The company report on April 12, 2023 that Kinder Morgan Announces First Quarter ‘23 Earnings Webcast.

Kinder Morgan, Inc. (NYSE: KMI) today announced it will release first quarter 2023 earnings results on Wednesday, April 19, 2023 after market close and will hold a live webcast and conference call.

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What: Kinder Morgan First Quarter ‘23 Earnings Results WebcastWhen: April 19, 2023, at 3:30 p.m. CT, 4:30 p.m. ETWhere: How: Live over the Internet by logging on to the web at the above address, or by phone (listen-only) by dialing 1-212-547-0140 and entering the passcode 6796861.

The stocks have a year to date performance of -1.49 percent and weekly performance of 0.56 percent. The stock has been moved at 4.46 percent over the last six months. The stock has performed 7.42 percent around the most recent 30 days and changed -5.72 percent over the most recent 3-months.

If compared to the average trading volume of 13.05M shares, KMI reached to a volume of 8375178 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 $20.42 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 2.80. 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.

Scotiabank have made an estimate for Kinder Morgan Inc. shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on March 02, 2023. While these analysts kept the previous recommendation, Bernstein raised their target price from $19 to $22. The new note on the price target was released on March 01, 2023, representing the official price target for Kinder Morgan Inc. stock. Previously, the target price had yet another raise to $19, while Citigroup analysts kept a Neutral rating on KMI stock.

The Average True Range (ATR) for Kinder Morgan Inc. is set at 0.30, with the Price to Sales ratio for KMI stock in the period of the last 12 months amounting to 2.08. The Price to Book ratio for the last quarter was 1.30, with the Price to Cash per share for the same quarter was set at 0.33. Price to Free Cash Flow for KMI in the course of the last twelve months was 47.44 with Quick ratio for the last quarter at 0.50.

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 0.56. With this latest performance, KMI shares gained by 7.42% in over the last four-week period, additionally plugging by 4.46% over the last 6 months – not to mention a drop of -6.95% 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 60.07, with the RSI for the last a single of trading hit 65.39, and the three-weeks RSI is set at 55.97 for Kinder Morgan Inc. [KMI]. The present Moving Average for the last 50 days of trading for this stock 17.46, while it was recorded at 17.81 for the last single week of trading, and 17.83 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 +22.63 and a Gross Margin at +28.15. Kinder Morgan Inc.’s Net Margin is presently recorded at +12.96.

Return on Total Capital for KMI is now 6.82, given the latest momentum, and Return on Invested Capital for the company is 4.18. Return on Equity for this stock inclined to 8.24, with Return on Assets sitting at 3.56. When it comes to the capital structure of this company, Kinder Morgan Inc. [KMI] has a Total Debt to Total Equity ratio set at 104.34. Additionally, KMI Total Debt to Total Capital is recorded at 51.06, with Total Debt to Total Assets ending up at 45.77. Long-Term Debt to Equity for the company is recorded at 93.17, with the Long-Term Debt to Total Capital now at 45.60.

Reflecting on the efficiency of the workforce at the company, Kinder Morgan Inc. [KMI] managed to generate an average of $240,855 per employee. Receivables Turnover for the company is 11.33 with a Total Asset Turnover recorded at a value of 0.27.Kinder Morgan Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.50.

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

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 -6.40%.

Kinder Morgan Inc. [KMI]: Insider Ownership positions

There are presently around $25,080 million, or 63.00% of KMI stock, in the hands of institutional investors. The top three institutional holders of KMI stocks are: VANGUARD GROUP INC with ownership of 172,397,514, which is approximately 1.151% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 163,789,222 shares of the stock with an approximate value of $2.92 billion in KMI stocks shares; and STATE STREET CORP, currently with $2.53 billion in KMI stock with ownership of nearly -0.567% of the company’s market capitalization.

Positions in Kinder Morgan Inc. stocks held by institutional investors increased at the end of Thursday and at the time of the Thursday reporting period, where 740 institutional holders increased their position in Kinder Morgan Inc. [NYSE:KMI] by around 100,107,052 shares. Additionally, 535 investors decreased positions by around 67,698,784 shares, while 164 investors held positions by with 1,240,376,551 shares. The mentioned changes placed institutional holdings at 1,408,182,387 shares, according to the latest SEC report filing. KMI stock had 141 new institutional investments in for a total of 18,766,277 shares, while 96 institutional investors sold positions of 8,199,532 shares during the same period.


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