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Published: Wed, December 07, 2016
Economy | By Melissa Porter

Kinder Morgan Inc. (KMI) Earns Outperform Rating from Credit Suisse Group AG


Kinder Morgan, Inc.'s P/E ratio now stands at *TBA, while the P/S ratio is at 3.61 and the potential growth rate of earnings per share this year is at -88.50%. A beta of less than 1 means that it is less volatile than the market and a beta of greater than 1 means that it is more volatile than the market. The institutional investor owned 527,306 shares of the company's stock after buying an additional 31,814 shares during the period. CI Global Investments Inc. acquired a new position in shares of Kinder Morgan during the second quarter worth about $103,965,000. It also increased its holding in Wec Energy Group Inc by 96,000 shares in the quarter, for a total of 844,590 shares, and has risen its stake in Cms Energy Corp (NYSE:CMS).

Company latest quarter ended on 30 Sep 2016. BlackRock Institutional Trust Company N.A. boosted its position in shares of Kinder Morgan by 1.5% in the second quarter. GW&K Investment Management LLC now owns 891,435 shares of the company's stock worth $16,688,000 after buying an additional 55,463 shares during the last quarter. Steven J. Kean is ranked as third insider holder of the stock.

12/5/2016, Pan American Silver Corp.

Kinder Morgan Inc. has a 52-week low of $11.20 and a 52-week high of $23.36. The average volume stands around 15.9 million shares.

Kinder Morgan Inc (NYSE:KMI) stock had a dramatic downfall in the summer of past year. The firm's market cap is $47.68 billion. The stock of Kinder Morgan Inc (NYSE:KMI) earned "Outperform" rating by Credit Suisse on Thursday, January 28. During the same quarter in the previous year, the company reported EPS of $0.27. Kinder Morgan had a positive return on equity of 4.69% and a negative net margin of 1.13%. The company expects to invest $3.2 billion on expansion projects in 2017 and fund with excess, internally generated cash flow, with no need to access equity markets during 2017. Most recently, the company reported EPS of $0.16. The company's quarterly revenue was down 10.2% compared to the same quarter previous year. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.13 to $0.23.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 15th.

What Can Investors Expect from Kinder Morgan in 2017? The ex-dividend date was Friday, October 28th.

Kinder Morgan, Inc. has a dividend yield of 2.34%. If you are reading this news story on another website, it was illegally copied and reposted in violation of United States & global copyright law. The job of analysts is to issue recommendations for their clients, and not typically for the general public. Wolfe Research initiated coverage on shares of Kinder Morgan in a research report on Friday, October 7th. Analysts mean target price for Moody's Corporation (NYSE:MCO) is $107.90 while their mean recommendation is 2.50 (1=Buy, 5=sell).

Kinder Morgan, Inc.'s short ratio is now at 1.5 and the float short is at 1.24%.

10/21/2016 - Kinder Morgan, Inc. had its "buy" rating reiterated by analysts at SunTrust. The latest reports which are outstanding on Sunday 4th of December state 0 analysts have a rating of "strong buy", 0 analysts "buy", 0 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". The company now has an average rating of "Buy" and a consensus price target of $22.51. Nine investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of Buy and an average price target of $22.51.

In other news, Director Fayez Sarofim acquired 700,000 shares of Kinder Morgan stock in a transaction that occurred on Monday, October 24th. The firm has a SMA 50 (Simple Moving Average) of 3.91% and a SMA 200-(Simple Moving Average) of 7.82%.

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