Kinder Morgan, Inc. (NYSE:KMI) stock is presently standing at about $21.79 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 18 analysts covering the company is $25.00, which suggests the stock could still rise over 13 percent. The highest analyst price target is $36.00, which implies a rally of 35 percent. And a quick view of analyst notes show that 9 are rating the stock a buy while 5 rate KMI a strong buy. There are 7 equity research firms advocating a Hold and 0 consider it Sell.
Raymond James analysts provided their view on Kinder Morgan, Inc. (NYSE:KMI) recently. The rating firm issued a Strong Buy rating to this company in a research note released on Oct 24, 2016. Stifel analysts disclosed their opinion on Kinder Morgan, Inc. (NYSE:KMI) recently. The rating firm gave a Buy rating to this stock in a research note published on Oct 20, 2016. According to a research note disclosed on Oct 20, 2016, analysts at Credit Suisse have upped their rating on these shares from Neutral to Outperform.
Kinder Morgan, Inc. (NYSE:KMI) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its Director SAROFIM FAYEZ Purchased 700,000 company shares for 14987000, in a transaction on 2016-10-24. Following the transaction, the Director is left with a stake of 38,378,712 shares, currently valued at $836272134. Meanwhile, V.P. Corporate Development Sanders Dax purchased 3,000 shares worth $45960, through a transaction dated 2016-02-01. Following the completion of the transaction, the insider is left with a stake of 274,927 shares, amounting $5990659.33. KMI Director MORGAN MICHAEL C also purchased 180,000 shares, at a stock price of $14.2. This transaction occurred on 2016-01-25 totals $2556000. After this transaction, the insider’s stake stands at 3,819,431 shares, with a market value of $83225401.
Executives hold 12.62 percent of the stock. Richard D. Kinder is one of the biggest insider owners in Kinder Morgan, Inc. (NYSE:KMI), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 234,212,353 shares which have current market value of around $5103487171.87.Fayez S. Sarofim is another major inside shareholder in the company. The insider owns 29,151,257 shares as of 1.31%, currently worth $635205890.03. Steven J. Kean is ranked as third insider holder of the stock. This insider holds 7,314,774 shares with a market value around $159388925.46 as of recent close.
Kinder Morgan, Inc. (NYSE:KMI) Earnings Outlook
In Kinder Morgan, Inc. (NYSE:KMI)’s latest quarter, EPS moved to $0.18 from $0.15 in preceding quarter and revenues reached at $3,389.00M compared to $3,330.00M. Analysts had expected Kinder Morgan, Inc. (NYSE:KMI) to post net income of about $0.18 per share on $3,537.54M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.15 to $0.20. That is compared with the $0.18 in EPS it reported during the same period a year ago.