On average, they predict the company’s share price to reach $20.22 in the next twelve months. This suggests a possible upside of 17.8% from the stock’s current price. View analysts price targets for KMI or view top-rated stocks among Wall Street analysts. 10 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Kinder Morgan in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 2 buy ratings for the stock.
Also referred to as “smart money”, institutions have a lot of sway over how a stock’s price moves. As a result, if the downtrend continues, institutions may face pressures to sell Kinder Morgan, which might have negative implications on individual investors. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. From our data, we infer that the largest shareholder is Richard overriding commission is calculated on Kinder (who also holds the title of Top Key Executive) with 12% of shares outstanding. Its usually considered a good sign when insiders own a significant number of shares in the company, and in this case, we’re glad to see a company insider play the role of a key stakeholder. With 7.8% and 7.0% of the shares outstanding respectively, The Vanguard Group, Inc. and BlackRock, Inc. are the second and third largest shareholders.
Choose how much you’d like to invest in KMI stock
Kinder Morgan is also exploring opportunities in the renewable energy space, particularly in developing hydrogen and carbon capture projects. The company has partnered with industry players to build carbon capture projects, such as the Petra Nova project in Texas. The industry is subject to regulatory oversight from various federal and state agencies, including the Federal Energy Regulatory Commission and the Pipeline and Hazardous Materials Safety Administration. Political developments, such as changes in energy policy or trade agreements, can also impact the industry. Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC.
Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Dividend yield shows how much a company pays its shareholders in dividends annually per dollar invested.
2 Stocks to Buy That Offer Dividends Yielding More Than 3% – The Motley Fool
2 Stocks to Buy That Offer Dividends Yielding More Than 3%.
Posted: Wed, 23 Aug 2023 07:00:00 GMT [source]
David Abrams (Trades, Portfolio), founder of Abrams Capital Management, disclosed in a regulatory portfolio update filing that his firm’s top trades during the fourth quarter included the transfer of … HOUSTON–(BUSINESS WIRE)–KMI today announced the commercial in-service of its renewable feedstock storage and logistics hub project with Neste. HOUSTON–(BUSINESS WIRE)–KMI today announced its plan to expand the working gas storage capacity at its Markham facility in Matagorda County along the Texas Gulf Coast.
This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy. Kinder Morgan has reported steady financial performance over the past few years. Kinder Morgan’s profit margins have remained strong, with a net margin of approximately 13%. Kinder Morgan has also kept their debt levels manageable with a strong debt-to-equity ratio. Kinder Morgan’s valuation metrics are generally in line with industry peers. The company’s price-to-earnings and price-to-book ratio are in line with industry averages.
KMI Company Calendar
Changes in environmental regulations or policies aimed at reducing carbon emissions could impact the demand for fossil fuels and energy infrastructure. In addition, changes in trade policies or geopolitical tensions could also affect the company’s operations. According to 10 analysts, the average rating for KMI stock is “Hold.” The 12-month stock price forecast is $20.44, which is an increase of 19.11% from the latest price.
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it’s included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. Chevron makes one of the biggest oil acquisitions ever, and oil companies are gearing up for earnings. The pipeline company is making the right moves to make itself an attractive option for income-seeking investors.
Stock Money Flow
The general public– including retail investors — own 22% stake in the company, and hence can’t easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Our most recent data indicates that insiders own a reasonable proportion of Kinder Morgan, Inc.. It has a market capitalization of just US$37b, and insiders have US$4.7b worth of shares in their own names.
The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Researching institutional ownership is a good way to gauge and filter a stock’s expected performance.
Kinder Morgan Shares Cross 7% Yield Mark
After doing some more digging, we found that the top 23 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company. Let’s take a closer look to see what the different types of shareholders can tell us about Kinder Morgan. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. If you’re ready to click the buy button, these two stocks can power your passive income for the coming decades. Upgrade to MarketBeat All Access to add more stocks to your watchlist.
Kinder Morgan issued an update on its FY 2023 earnings guidance on Thursday, July, 20th. The company provided EPS guidance of $1.12-$1.12 for the period, compared to the consensus estimate of $1.10. The technique has proven to be very useful for finding positive surprises.
Zacks Research is Reported On:
There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. Kinder Morgan’s stock is owned by a variety of institutional and retail investors. Insiders that own company stock include Anthony B Ashley, Dax Sanders, John W Schlosser, Michael Scarpelli, Peter Maag, Robert F Vagt, Sital K Mody and Thomas A Martin. Kinder Morgan’s stock was trading at $18.08 at the beginning of the year.
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- At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
- Researching institutional ownership is a good way to gauge and filter a stock’s expected performance.
- Apex Clearing Corporation, our clearing firm, has additional insurance coverage in excess of the regular SIPC limits.
- The consensus among Wall Street equities research analysts is that investors should “hold” KMI shares.
Kinder Morgan’s stock performance has been relatively volatile over the past few years, with the stock trading in the range of $13 to $20 per share. The company’s trading volume is also volatile, with an average trading volume of around 13 million shares. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature.
Company Summary
Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
- As a result, institutional investors endured the highest losses last week after market cap fell by US$1.2b.
- The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
- Since then, KMI shares have decreased by 5.1% and is now trading at $17.16.
- You can find your newly purchased KMI stock in your portfolio—alongside the rest of your stocks, ETFs, crypto, treasuries, and alternative assets.
The consensus among Wall Street equities research analysts is that investors should “hold” KMI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KMI, but not buy additional shares or sell existing shares. Kinder Morgan operates in the energy infrastructure industry, subject to regulatory and political risks. The industry has also faced challenges from the growth of renewable energy sources and concerns over climate change. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.
Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. As of August 31st, there was short interest totaling 35,030,000 shares, a drop of 7.6% from the August 15th total of 37,920,000 shares. Based on an average daily trading volume, of 12,690,000 shares, the short-interest ratio is currently 2.8 days.
That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
Kinder Morgan has identified several growth opportunities, including expanding its pipelines and terminals and investing in renewable energy and carbon capture technology. The company plans to invest $2.4 billion in growth projects, focusing on natural gas pipelines and terminals over the next few years. All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns. You should consult your legal, tax, or financial advisors before making any financial decisions.
We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. We can see that Kinder Morgan does have institutional investors; and they hold a good portion of the company’s stock. This can indicate that the company has a certain degree of credibility in the investment community.