Kinder Morgan Inc (NYSE: KMI) is -1.31% lower on its value in year-to-date trading and has touched a low of $16.47 and a high of $31.48 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KMI stock was last observed hovering at around $26.78 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $27.04, the stock is -5.57% and -2.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.17 million and changing 0.97% at the moment leaves the stock 16.60% off its SMA200. KMI registered 62.01% gain for a year compared to 6-month gain of 30.00%. The firm has a 50-day simple moving average (SMA 50) of $27.8732 and a 200-day simple moving average (SMA200) of $23.1896.
The stock witnessed a -2.77% loss in the last 1 month and extending the period to 3 months gives it a 9.43%, and is -1.60% 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 2.77% over the week and 2.78% over the month.
Kinder Morgan Inc (KMI) has around 10891 employees, a market worth around $60.07B and $15.09B in sales. Current P/E ratio is 23.08 and Fwd P/E is 19.69. Profit margin for the company is 17.24%. Distance from 52-week low is 64.18% and -14.10% from its 52-week high. The company has generated returns on investments over the last 12 months (4.31%).
with sales reaching $4.09B over the same period.The EPS is expected to grow by 10.96% this year, but quarterly earnings will post 8.96% year-over-year. Quarterly sales are estimated to grow 6.42% in year-over-year returns.
Kinder Morgan Inc (KMI) Top Institutional Holders
1824.0 institutions hold shares in Kinder Morgan Inc (KMI), with institutional investors hold 76.85% of the company’s shares. The shares outstanding are 2.22B, and float is at 1.93B with Short Float at 2.36%. Institutions hold 67.02% 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 Feb 05 ’25 at a price of $27.70 per share for a total of $0.5 million. Following the sale, the insider now owns 0.84 million shares.
Kinder Morgan Inc disclosed in a document filed with the SEC on Jan 02 ’25 that MARTIN THOMAS A (President) sold a total of 18,000 shares of the company’s common stock. The trade occurred on Jan 02 ’25 and was made at $27.91 per share for $0.5 million. Following the transaction, the insider now directly holds 0.86 million shares of the KMI stock.
Still, SEC filings show that on Dec 04 ’24, MARTIN THOMAS A (President) disposed off 18,000 shares at an average price of $27.34 for $0.49 million. The insider now directly holds 879,652 shares of Kinder Morgan Inc (KMI).
