Kinder Morgan Inc (NYSE: KMI) is 55.22% higher on its value in year-to-date trading and has touched a low of $16.47 and a high of $28.81 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 $27.05 in the last trading session, with the day’s gains setting it 0.28%.
Currently trading at $27.33, the stock is 0.54% and 3.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.7 million and changing 1.04% at the moment leaves the stock 25.89% off its SMA200. KMI registered 54.51% gain for a year compared to 6-month gain of 38.70%. The firm has a 50-day simple moving average (SMA 50) of $26.414 and a 200-day simple moving average (SMA200) of $21.6632.
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The stock witnessed a -3.90% loss in the last 1 month and extending the period to 3 months gives it a 23.95%, and is 2.89% up 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 2.61% over the week and 2.08% over the month.
Kinder Morgan Inc (KMI) has around 10891 employees, a market worth around $61.35B and $15.07B in sales. Current P/E ratio is 24.02 and Fwd P/E is 21.31. Profit margin for the company is 16.76%. Distance from 52-week low is 65.94% and -5.14% from its 52-week high. The company has generated returns on investments over the last 12 months (4.18%).
The EPS is expected to grow by 10.45% this year
1800.0 institutions hold shares in Kinder Morgan Inc (KMI), with institutional investors hold 77.10% of the company’s shares. The shares outstanding are 2.22B, and float is at 1.94B with Short Float at 2.32%. Institutions hold 67.24% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 200.45 million shares valued at $3.98 billion. The investor’s holdings represent 9.0293 of the KMI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 156.97 million shares valued at $3.12 billion to account for 7.0706 of the shares outstanding. The other top investors are STATE STREET CORP which holds 128.76 million shares representing 5.8002 and valued at over $2.56 billion, while BANK OF AMERICA CORP /DE/ holds 2.8562 of the shares totaling 63.41 million with a market value of $1.26 billion.
Kinder Morgan Inc (KMI) Insider Activity
The most recent transaction is an insider sale by MARTIN THOMAS A, the company’s President. SEC filings show that MARTIN THOMAS A sold 18,000 shares of the company’s common stock on Dec 04 ’24 at a price of $27.34 per share for a total of $0.49 million. Following the sale, the insider now owns 0.88 million shares.
Kinder Morgan Inc disclosed in a document filed with the SEC on Nov 06 ’24 that MARTIN THOMAS A (President) sold a total of 19,121 shares of the company’s common stock. The trade occurred on Nov 06 ’24 and was made at $26.28 per share for $0.5 million. Following the transaction, the insider now directly holds 0.9 million shares of the KMI stock.
Still, SEC filings show that on Nov 05 ’24, Chronis Amy W (Director) acquired 2,241 shares at an average price of $24.89 for $55790.0. The insider now directly holds 23,995 shares of Kinder Morgan Inc (KMI).
