Kinder Morgan Inc. (NYSE:KMI) finished Wednesday with an addition of $0.03 to close at $17.97, an upside of 0.17 percent. An average of 15,649,899 shares of common stock have been traded in the last five days. There was a gain of $1.23 in the past week. The last 20 days have seen an average of 16,202,510 shares traded, while the 50-day average volume stands at 13,783,942.
KMI stock has increased by 12.24% in the last month. The company shares reached their 1-month lowest point of $15.47 on 09/20/21. With the stock rallying to its 52-week high on 06/11/21, shares of the company touched a low of $11.45 and a high of $19.29 in 52 weeks. In spite of this, the price is down -6.84% from the 52-week high.
A Backdoor Way To Profit From Today’s Crypto Bull Market
In any crypto bull market, there's a lot of money to be made.
But what if we told you the best opportunities are not cryptocurrencies themselves… but instead, simply crypto stocks?
This strategy is simply and ridiculously easy.
Here are 6 ways to gain exposure to crypto outside the norm. This is arguably the safest bet you can make.
2 days have passed since Kinder Morgan Inc. (KMI) last reported insider trading activity. Schlosser John W, who is V.P. (President, Terminals), most recently acquired $4,500 shares at $18.00 per share on Oct 12. In this transaction, the insider spent $81,000. V.P. (Pres.,Nat.Gas Pipelines), MARTIN THOMAS A, disposed of 66,607 shares at a price of $17.08 on Aug 06. The insider now owns more than $1,137,648 worth of shares. Prior to that, V.P. (President, Terminals) Schlosser John W went on to Sale 1,500 shares at $18.23 each on Jun 25. An amount of $27,345 was transacted.
Kinder Morgan Inc. (KMI) has a trailing price-to-earnings (P/E) ratio of 23.96, which compares with the 18.90 for the broader industry and 19.70 for the sector. In the last five years, Kinder Morgan Inc.’s PE ratio has ranged between 1963.00 and 10.40. The stock’s beta is 1.04. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.96, the price-to-book (PB) ratio at 1.33, and the price-to-cash flow ratio at 22.06.
Kinder Morgan Inc. pays a $1.08 dividend per share annually. It offers a dividend yield of 6.01%. The company has a payout ratio of 141.00%. The company’s most recent quarterly dividend payment took place on Aug. 16, and it was $0.27 a share, without any change from last year. Its dividend has been increased for the last 1 consecutive years with the latest increase dividend $0.0075 reported on Wednesday April 21 2021. Dividends have grown by 107.50% each year over the last three years.
Kinder Morgan Inc. will next go ex-dividend on 1-Nov. The next dividend payment Kinder Morgan Inc. will make is expected to be $0.27.
The quick ratio of Kinder Morgan Inc. for the three months ended June 29 was 0.80, and the current ratio was 0.80, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.01 and a total debt to equity ratio of 1.08 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 53.20% against a 5-year average of 55.6%. Kinder Morgan Inc.’s EBITDA margin for the year ending June 29 is 47.14%, while its operating margin for the same period stands at 20.30%. Its gross profit as reported stood at $1.56 billion compared to revenue of $11.7 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Kinder Morgan Inc.’s return on assets was 2.40%, compared to 1.1% over the last five years. In the past year, the return on investment has been 1.60%, and the 5-year average is 1.8%. Meanwhile, the return on equity (ROE) for the past 12 months has been 5.40% and the 5-year average holds at 2.6%. For the broader industry, ROE averaged 12.45 over the past year.
The analyst consensus anticipated Kinder Morgan Inc.’s latest quarter earnings to come in at $0.19 per share, but it turned out to be $0.23, a 21.10% surprise. For the quarter, EBITDA amounted to -$223.0 million. Shareholders own equity worth $2.27 billion.
From a technical analysis perspective, let’s take a brief look at Kinder Morgan Inc. (KMI) price momentum. RSI 9-day as of the close on 13 October was 79.14%, suggesting the stock is Overbought, with historical volatility in this time frame at 16.47%.
As of today, KMI’s price is $17.61 +7.35% or $1.23 from its 5-day moving average. KMI is currently trading +9.71% higher than its 20-day SMA and -4.01% lower than its 100-day SMA. However, the stock’s current price level is +2.80% above the SMA50 and +31.74% above the SMA200.
The stochastic %K and %D were 91.80% and 91.09%, respectively, and the average true range (ATR) was 0.41. With the 14-day stochastic at 94.43% and the average true range at 0.39, the RSI (14) stands at 71.33%. The stock has reached 0.60 on the 9-day MACD Oscillator while the 14-day reading was at 0.77.
The consensus rating for Kinder Morgan Inc. (KMI) among analysts is Hold. According to current brokerage recommendations, 4 brokerage firms advise that investors sell KMI, while 16 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 7 others rate it as a “buy”.
What is KMI’s price target for the next 12 months?
Analysts predict a range of price targets between $15.00 and $22.00, with a median target of $18.25. Taking a look at these predictions, the average price target given by analysts for Kinder Morgan Inc. (KMI) stock is $18.69.