Kinder Morgan, Inc. (NYSE:KMI) registered a -0.49% decrease, still its new closing price is 106.02% up from the company’s 1 year high of 23.22.It posted 4.03% gains in previous 5 sessions and is now the subject of 7 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 7 buy or better ratings. The 21 stock analysts following this company have an average price target at $25.28, with individual PT in the $21.00-$36.00 range. The shares moved at $22.44, implying that brokerage firms see shares gaining about 83.86% in twelve months time.
Kinder Morgan, Inc. (KMI) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 8.35% rise year to date. A Director at Kinder Morgan, Inc. (KMI) acquired shares in a transaction closed on Monday October 24, 2016. SAROFIM FAYEZ bought 700,000 shares in the company at $21.41 each and collected $14,987,000 in proceeds. SAROFIM FAYEZ now owns 38,378,712 shares in the company after this transaction. A V.P. Corporate Development in the company, Sanders Dax, disclosed a transaction on Monday February 01, 2016 that ended up paying $45,001 from the purchase of 3,000 shares at $15.32 per share.
Kinder Morgan, Inc. (NYSE:KMI) Upcoming Results on Tap
Kinder Morgan, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.16 in that period. Sales during the quarter are predicted to arrive at $3.44 billion.
Earnings surprise history: Last quarter, the company posted approximately $3.33 billion in revenue and EPS of $0.15. The mean forecast was for $3.45 billion and $0.14 a share, respectively. One quarter earlier, revenue for the stock was at $3.14 billion, with earnings at $0.15/share.
Kinder Morgan, Inc. (KMI) Brokerage Update
Kinder Morgan, Inc. (KMI) is in Raymond James’s research list so their analyst rating change is noteworthy. These shares were upgraded to Strong Buy from Outperform by Raymond James, according to news reported on Monday October 24, 2016.Another important research note was issued by Stifel on Thursday October 20, 2016.The firm upgraded KMI to Buy from Hold. Over the last six months and over the last three months, the shares of Kinder Morgan, Inc. (KMI), have changed 3.53% and 11.81%, respectively.
Kinder Morgan, Inc. (NYSE:KMI) on January 18, 2017 announced that its board of directors approved a cash dividend of $0.125 per share for the quarter ($0.50 annualized) payable on Feb. 15, 2017, to common shareholders of record as of the close of business on Feb. 1, 2017. KMI declared dividends of $0.50 per share for 2016 and used cash in excess of dividend payments to fully fund growth investments and strengthen its balance sheet.