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Kinder Morgan Inc (KMI) Stock Could Soon Reward Patient Investors

Kinder Morgan Inc (NYSE: KMI) is 1.87% higher on its value in year-to-date trading and has touched a low of $15.89 and a high of $18.72 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KMI stock was last observed hovering at around $18.13 in the last trading session, with the day’s loss setting it -0.16%.

Currently trading at $17.97, the stock is -1.16% and 2.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.84 million and changing -0.88% at the moment leaves the stock 3.85% off its SMA200. KMI registered 1.13% gain for a year compared to 6-month gain of 6.27%.

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The stock witnessed a 2.33% loss in the last 1 month and extending the period to 3 months gives it a 0.00%, and is -2.12% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.63% over the week and 1.45% over the month.

Kinder Morgan Inc (KMI) has around 10891 employees, a market worth around $39.88B and $14.97B in sales. Current P/E ratio is 16.90 and Fwd P/E is 14.20. Profit margin for the company is 15.87%. Distance from 52-week low is 13.09% and -4.01% from its 52-week high. The company has generated returns on investments over the last 12 months (4.05%).

The EPS is expected to grow by 13.22% this year.

Kinder Morgan Inc (KMI) Top Institutional Holders

The shares outstanding are 2.22B, and float is at 1.93B with Short Float at 2.29%.

Kinder Morgan Inc (KMI) Insider Activity

The most recent transaction is an insider sale by Schlosser John W,the company’sV.P. (President, Terminals). SEC filings show that Schlosser John W sold 7,500 shares of the company’s common stock on Jan 03 ’24 at a price of $18.00 per share for a total of $0.14 million. Following the sale, the insider now owns 3219.0 shares.

Kinder Morgan Inc disclosed in a document filed with the SEC on Dec 08 ’23 that Sanders Dax (VP (Pres., Products Pipelines)) sold a total of 50,000 shares of the company’s common stock. The trade occurred on Dec 08 ’23 and was made at $17.63 per share for $0.88 million. Following the transaction, the insider now directly holds 0.31 million shares of the KMI stock.

Still, SEC filings show that on Dec 06 ’23, Mathews Denise R (VP and Chief Admin. Officer) disposed off 30,000 shares at an average price of $17.55 for $0.53 million. The insider now directly holds 79,217 shares of Kinder Morgan Inc (KMI).

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