News coverage about Kinder Morgan (NYSE:KMI) has trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Kinder Morgan earned a news impact score of 0.01 on Accern’s scale. Accern also gave headlines about the pipeline company an impact score of 45.1134499334266 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
- Technical Perspectives on Oil & Gas Stocks — Genesis Energy, Kinder Morgan, MPLX, and Pembina Pipeline (prnewswire.com)
- UPDATE 1-Canada regulator allows more Kinder Morgan pipeline construction (feeds.reuters.com)
- Kinder Morgan (KMI) Presents At 23rd Annual Credit Suisse Energy Summit – Slideshow (seekingalpha.com)
- Kinder Morgan (KMI) a Strong Sell at recent price of $17.39, on Bad Earnings Growth (investorplace.com)
- Canada pledges ‘necessary action’ to ensure Trans Mountain pipeline – Seeking Alpha (seekingalpha.com)
A number of equities analysts have recently issued reports on KMI shares. Stifel Nicolaus dropped their price target on Kinder Morgan from $25.00 to $22.00 and set a “buy” rating on the stock in a research note on Tuesday, October 24th. Zacks Investment Research downgraded Kinder Morgan from a “hold” rating to a “sell” rating in a research note on Monday, January 8th. Morgan Stanley dropped their price target on Kinder Morgan from $25.00 to $24.00 and set an “overweight” rating on the stock in a research note on Friday, November 17th. Credit Suisse Group began coverage on Kinder Morgan in a research note on Thursday, January 4th. They issued an “outperform” rating and a $23.00 price target on the stock. Finally, Argus upgraded Kinder Morgan from a “hold” rating to a “buy” rating in a research report on Monday, January 29th. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have assigned a buy rating to the company. Kinder Morgan currently has a consensus rating of “Hold” and a consensus target price of $22.50.
Kinder Morgan (KMI) traded down $0.25 during midday trading on Friday, reaching $17.06. The company had a trading volume of 15,028,757 shares, compared to its average volume of 17,780,000. The stock has a market capitalization of $37,640.00, a P/E ratio of 1,706.00, a PEG ratio of 1.16 and a beta of 0.56. The company has a quick ratio of 0.35, a current ratio of 0.44 and a debt-to-equity ratio of 1.00. Kinder Morgan has a 12 month low of $16.56 and a 12 month high of $22.10.
Kinder Morgan (NYSE:KMI) last announced its quarterly earnings data on Wednesday, January 17th. The pipeline company reported $0.21 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.03. Kinder Morgan had a return on equity of 4.38% and a net margin of 1.34%. The business had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.52 billion. During the same period in the previous year, the business earned $0.08 earnings per share. The business’s revenue was up 7.2% on a year-over-year basis. sell-side analysts anticipate that Kinder Morgan will post 0.82 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st were given a $0.125 dividend. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $0.50 annualized dividend and a dividend yield of 2.93%. Kinder Morgan’s payout ratio is 5,000.00%.
In other Kinder Morgan news, VP Thomas A. Martin acquired 3,000 shares of the stock in a transaction dated Tuesday, December 5th. The shares were acquired at an average cost of $17.10 per share, for a total transaction of $51,300.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William A. Smith acquired 5,500 shares of the stock in a transaction dated Monday, January 22nd. The stock was acquired at an average price of $19.52 per share, for a total transaction of $107,360.00. Following the completion of the transaction, the director now directly owns 14,587 shares of the company’s stock, valued at $284,738.24. The disclosure for this purchase can be found here. 13.99% of the stock is owned by insiders.
Kinder Morgan Company Profile
Kinder Morgan, Inc is an energy infrastructure company. It operates through five segments. Its Natural Gas Pipelines segment is engaged in the ownership and operation of interstate and intrastate natural gas pipeline and storage systems, and liquefied natural gas facilities, among others. Its CO2 segment is engaged in the production, transportation and marketing of carbon dioxide (CO2) to oil fields and the ownership and operation of a crude oil pipeline system, among others.
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