Kinder Morgan (NYSE:KMI) released its quarterly earnings data on Tuesday. The pipeline company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03, Bloomberg Earnings reports. Kinder Morgan had a return on equity of 4.33% and a net margin of 10.39%. The firm had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.52 billion. During the same quarter in the prior year, the company posted $0.08 earnings per share. The firm’s revenue was up 7.2% on a year-over-year basis.

Kinder Morgan (NYSE KMI) traded down $0.41 during trading on Thursday, reaching $19.16. The company had a trading volume of 11,906,195 shares, compared to its average volume of 14,410,000. The company has a market capitalization of $42,780.00, a PE ratio of 1,916.29, a price-to-earnings-growth ratio of 1.32 and a beta of 0.62. Kinder Morgan has a fifty-two week low of $16.68 and a fifty-two week high of $23.01. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.35 and a current ratio of 0.42.

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.61%. Kinder Morgan’s dividend payout ratio is 5,000.00%.

KMI has been the subject of a number of recent analyst reports. SunTrust Banks set a $23.00 target price on Kinder Morgan and gave the stock a “buy” rating in a research report on Thursday, October 19th. BMO Capital Markets set a $26.00 target price on Kinder Morgan and gave the stock a “buy” rating in a research report on Thursday, October 12th. Stifel Nicolaus dropped their price objective on Kinder Morgan from $25.00 to $22.00 and set a “buy” rating for the company in a research note on Tuesday, October 24th. Mizuho reiterated a “hold” rating and set a $22.00 price objective on shares of Kinder Morgan in a research note on Friday, October 20th. Finally, Royal Bank of Canada restated a “hold” rating and issued a $22.00 target price on shares of Kinder Morgan in a research note on Wednesday, November 15th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $22.72.

In other news, VP Thomas A. Martin purchased 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The shares were acquired at an average price of $17.10 per share, for a total transaction of $51,300.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.99% of the stock is owned by company insiders.

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About Kinder Morgan

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.

Earnings History for Kinder Morgan (NYSE:KMI)

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