Headlines about Kinder Morgan (NYSE:KMI) have been trending somewhat positive on Monday, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kinder Morgan earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the pipeline company an impact score of 47.1506220816427 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern’s rankings:
- Kinder Morgan Inc (KMI) Expected to Post Quarterly Sales of $3.32 Billion (americanbankingnews.com)
- Kinder Morgan Started 2018 Strong, Rose 5% in the First Week (finance.yahoo.com)
- Will Kinder Morgan Stock Maintain Its Strength? (finance.yahoo.com)
- Kinder Morgan Inc (KMI) Expected to Announce Earnings of $0.18 Per Share (americanbankingnews.com)
- Moors & Cabot Inc. Reduces Position in Kinder Morgan Inc (KMI) (nismagazine.com)
Several analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Kinder Morgan from a “hold” rating to a “sell” rating in a report on Monday. Credit Suisse Group assumed coverage on shares of Kinder Morgan in a report on Thursday. They issued an “outperform” rating and a $23.00 price objective on the stock. Morgan Stanley dropped their price objective on shares of Kinder Morgan from $25.00 to $24.00 and set an “overweight” rating on the stock in a report on Friday, November 17th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $22.00 price objective on shares of Kinder Morgan in a report on Wednesday, November 15th. Finally, Stifel Nicolaus dropped their price objective on shares of Kinder Morgan from $25.00 to $22.00 and set a “buy” rating on the stock in a report on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the company’s stock. Kinder Morgan presently has an average rating of “Hold” and a consensus price target of $22.72.
Kinder Morgan (NYSE KMI) traded down $0.09 on Monday, hitting $18.86. 12,310,000 shares of the company traded hands, compared to its average volume of 14,370,000. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.35 and a current ratio of 0.42. Kinder Morgan has a 1 year low of $16.68 and a 1 year high of $23.01. The firm has a market cap of $42,120.00, a PE ratio of 33.68, a P/E/G ratio of 1.36 and a beta of 0.62.
Kinder Morgan (NYSE:KMI) last posted its earnings results on Wednesday, October 18th. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.15. Kinder Morgan had a net margin of 10.39% and a return on equity of 4.33%. The firm had revenue of $3.28 billion during the quarter, compared to analysts’ expectations of $3.21 billion. During the same period in the previous year, the business posted ($0.10) EPS. The business’s revenue was down 1.5% compared to the same quarter last year. analysts forecast that Kinder Morgan will post 0.65 earnings per share for the current fiscal year.
In other news, VP Thomas A. Martin bought 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The stock was purchased at an average cost of $17.10 per share, for a total transaction of $51,300.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 13.99% of the company’s stock.
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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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