Kinder Morgan (NYSE:KMI – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 1.360-1.360 for the period, compared to the consensus EPS estimate of 1.560.
Kinder Morgan Stock Up 2.2%
Shares of Kinder Morgan stock traded up $0.75 on Friday, hitting $34.47. 18,955,995 shares of the company traded hands, compared to its average volume of 13,234,962. Kinder Morgan has a 12-month low of $25.60 and a 12-month high of $34.81. The company has a quick ratio of 0.36, a current ratio of 0.67 and a debt-to-equity ratio of 0.95. The company has a market cap of $76.77 billion, a PE ratio of 21.28, a PEG ratio of 2.31 and a beta of 0.59. The company has a 50-day moving average price of $31.88 and a 200 day moving average price of $32.05.
Kinder Morgan (NYSE:KMI – Get Free Report) last announced its quarterly earnings data on Wednesday, October 21st. The pipeline company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.02. The business had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.37 billion. Kinder Morgan had a return on equity of 10.84% and a net margin of 19.64%. Kinder Morgan’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period last year, the company earned $0.29 earnings per share. Sell-side analysts predict that Kinder Morgan will post 1.60 earnings per share for the current year.
Kinder Morgan Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Monday, November 2nd will be given a $0.2975 dividend. This represents a $1.19 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Monday, November 2nd. Kinder Morgan’s dividend payout ratio is presently 73.46%.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on KMI. Melius Research initiated coverage on Kinder Morgan in a research note on Tuesday, September 22nd. They set a “buy” rating and a $38.00 price target for the company. Royal Bank Of Canada boosted their price target on Kinder Morgan from $35.00 to $36.00 and gave the company a “sector perform” rating in a research note on Tuesday, September 22nd. JPMorgan Chase & Co. increased their price objective on Kinder Morgan from $34.00 to $36.00 and gave the stock a “neutral” rating in a report on Friday, September 4th. Mizuho raised their price objective on shares of Kinder Morgan from $37.00 to $39.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Morgan Stanley set a $39.00 target price on shares of Kinder Morgan in a research note on Thursday. Twelve investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $36.60.
Read Our Latest Analysis on KMI
Insider Activity
In other news, VP Michael Garthwaite sold 1,550 shares of the stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $33.65, for a total transaction of $52,157.50. Following the transaction, the vice president owned 47,313 shares of the company’s stock, valued at approximately $1,592,082.45. This represents a 3.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 12.72% of the company’s stock.
Key Kinder Morgan News
Here are the key news stories impacting Kinder Morgan this week:
- Positive Sentiment: Strong Q3 performance: Kinder Morgan reported $4.53 billion in revenue, up approximately 9% year over year, and adjusted EPS of $0.35 versus the $0.33 consensus estimate. Natural-gas volumes, record EBITDA and higher earnings supported investor confidence. Kinder Morgan Q3 earnings report
- Positive Sentiment: Major growth investments: KMI approved approximately $4.7 billion for the Southeast Connector and Permian Link natural-gas pipeline projects. The projects are expected to benefit from rising demand tied to data centers, power generation and LNG exports. The company also added $5.4 billion to its expansion backlog, bringing the total backlog to a record $14.4 billion. Kinder Morgan pipeline investment report
- Positive Sentiment: Analyst support and income: Freedom Broker upgraded KMI to “buy” with a $39 price target, while Mizuho raised its target to $39 and kept an “outperform” rating. Kinder Morgan also declared a quarterly dividend of $0.2975 per share, representing a 3.5% indicated yield. Kinder Morgan analyst price targets
- Neutral Sentiment: Mixed analyst view: Scotiabank initiated or reiterated a “hold” rating, indicating that the stock’s recent advance and valuation may already reflect much of the near-term improvement. Scotiabank Kinder Morgan rating
- Negative Sentiment: Lower earnings outlook: KMI’s updated FY 2026 adjusted EPS guidance of $1.36 is below the approximately $1.56 analyst consensus, creating a notable counterweight to the earnings beat and backlog expansion. Kinder Morgan 2026 earnings guidance
About Kinder Morgan
Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities.
The company’s natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure.
Read More
- Five stocks we like better than Kinder Morgan
- Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
Receive News & Ratings for Kinder Morgan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinder Morgan and related companies with MarketBeat.com's FREE daily email newsletter.
