What Kinder Morgan Inc. (KMI) Insiders Are Up To

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Kinder Morgan Inc. (NYSE:KMI) finished Thursday with an addition of $0.22 to close at $18.15, an upside of 1.23 percent. An average of 9,350,420 shares of common stock have been traded in the last five days. There was a gain of $0.27 in the past week, and it reached a new high 26 times over the past 12 months. The last 20 days have seen an average of 12,868,800 shares traded, while the 50-day average volume stands at 16,319,216.

KMI stock has decreased by -3.87% in the last month. The company shares reached their 1-month lowest point of $17.39 on 12/19/22. With the stock rallying to its 52-week high on 06/08/22, shares of the company touched a low of $15.74 and a high of $20.20 in 52 weeks. It has reached a new high 25 times so far this year and achieved 14.44% or $2.29 in price. In spite of this, the price is down -10.15% from the 52-week high.


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Insider Transactions

KMI stock investors should be aware that Kinder Morgan Inc. (KMI) stock had its last reported insider trading activity 3 days ago on Dec 27. In this transaction, the insider spent $27,268. V.P. (President, Terminals), Schlosser John W, disposed of 1,500 shares at a price of $18.70 on Nov 25. The insider now owns more than $28,050 worth of shares. Prior to that, V.P. (President, Terminals) Schlosser John W went on to Sale 1,500 shares at $18.00 each on Oct 27. An amount of $27,000 was transacted.

Valuation Metrics

Kinder Morgan Inc. (KMI) has a trailing price-to-earnings (P/E) ratio of 16.43. The stock’s beta is 0.94. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.09, the price-to-book (PB) ratio at 1.33, and the price-to-cash flow ratio at 49.32.

The company has a payout ratio of 99.10%. The company’s most recent quarterly dividend payment was $0.2775 a share, without any change from last year. Its latest increase dividend $0.0075 reported on Wednesday April 20 2022.

Financial Health

The quick ratio of Kinder Morgan Inc. for the three months ended September 29 was 0.50, and the current ratio was 0.60, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.95 and a total debt to equity ratio of 1.03 for the quarter ending September 29. Its gross profit as reported stood at $2.92 billion compared to revenue of $16.61 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 3.60%.

Earnings Surprise

For the three-month period that ended September 29, Kinder Morgan Inc. had $29.11 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $576.0 million in the quarter, while revenues were grew 14.06%. The analyst consensus anticipated Kinder Morgan Inc.’s latest quarter earnings to come in at $0.29 per share, but it turned out to be $0.25, a -13.80% surprise. For the quarter, EBITDA amounted to $1.5 billion. Shareholders own equity worth $2.25 billion.

Technical Picture

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 29 December was 53.20%, suggesting the stock is Neutral, with historical volatility in this time frame at 21.60%.

As of today, KMI’s price is $18.04 +1.51% or $0.27 from its 5-day moving average. KMI is currently trading -5.07% lower than its 20-day SMA and +2.66% higher than its 100-day SMA. However, the stock’s current price level is +2.14% above the SMA50 and +4.79% above the SMA200.

The stochastic %K and %D were 75.35% and 71.35%, respectively, and the average true range (ATR) was 0.41. With the 14-day stochastic at 79.17% and the average true range at 0.42, the RSI (14) stands at 51.33%. The stock has reached 0.23 on the 9-day MACD Oscillator while the 14-day reading was at 0.22.

Analyst Ratings

Citigroup launched coverage on Kinder Morgan Inc. (NYSE: KMI) in its analyst report released on December 09, 2022. The firm assigned the stock a Neutral rating. The consensus rating for Kinder Morgan Inc. (KMI) among analysts is Hold. According to current brokerage recommendations, 2 brokerage firms advise that investors sell KMI, while 17 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 5 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 $18.00 and $24.00, with a median target of $19.00. Taking a look at these predictions, the average price target given by analysts for Kinder Morgan Inc. (KMI) stock is $19.84.

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