News headlines about Kinder Morgan (NYSE:KMI) have been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kinder Morgan earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave news stories about the pipeline company an impact score of 47.0014115216169 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s analysis:
- Kinder Morgan Inc (KMI) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
- The Stock on Analysts Watch-List: Kinder Morgan, Inc. (KMI) – Wall Street Morning (wallstreetmorning.com)
- Kinder Morgan: Will The Pain Continue? – Seeking Alpha (seekingalpha.com)
- Does Kinder Morgan Inc Still Have a Debt Problem? – Motley Fool (fool.com)
- Kinder Morgan (KMI) Raised to Buy at Zacks Investment Research (americanbankingnews.com)
A number of brokerages recently weighed in on KMI. Credit Suisse Group began coverage on Kinder Morgan in a research note on Thursday, January 4th. They issued an “outperform” rating and a $23.00 price target on the stock. Zacks Investment Research cut Kinder Morgan from a “hold” rating to a “sell” rating in a research note on Monday, January 8th. Wells Fargo & Co reissued a “market perform” rating on shares of Kinder Morgan in a research note on Thursday, January 11th. Bank of America began coverage on Kinder Morgan in a research note on Tuesday, January 9th. They issued a “neutral” rating on the stock. Finally, Argus raised Kinder Morgan from a “hold” rating to a “buy” rating in a research note on Monday, January 29th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the company. Kinder Morgan has an average rating of “Hold” and an average target price of $22.50.
Kinder Morgan (NYSE:KMI) last released its earnings results on Wednesday, January 17th. The pipeline company reported $0.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.03. Kinder Morgan had a return on equity of 4.38% and a net margin of 1.34%. The company had revenue of $3.63 billion for the quarter, compared to analysts’ expectations of $3.52 billion. During the same quarter in the previous year, the business posted $0.08 EPS. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. sell-side analysts forecast that Kinder Morgan will post 0.85 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $0.50 annualized dividend and a yield of 3.05%. Kinder Morgan’s dividend payout ratio (DPR) is presently -92.59%.
In other Kinder Morgan news, Director William A. Smith bought 5,500 shares of the stock in a transaction on Monday, January 22nd. The shares were bought at an average price of $19.52 per share, with a total value of $107,360.00. Following the purchase, the director now directly owns 14,587 shares in the company, valued at approximately $284,738.24. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 13.99% of the company’s stock.
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Kinder Morgan Company Profile
Kinder Morgan, Inc is an energy infrastructure company. It operates through five segments. Its Natural Gas Pipelines segment is engaged in the ownership and operation of interstate and intrastate natural gas pipeline and storage systems, and liquefied natural gas facilities, among others. Its CO2 segment is engaged in the production, transportation and marketing of carbon dioxide (CO2) to oil fields and the ownership and operation of a crude oil pipeline system, among others.
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