Kinder Morgan (NYSE:KMI) Issues FY 2026 Earnings Guidance

Kinder Morgan (NYSE:KMI) issued an update on its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 1.360-1.360 for the period, compared to the consensus EPS estimate of 1.560.

Kinder Morgan Stock Performance

Shares of KMI stock opened at $34.47 on Friday. The firm has a market cap of $76.77 billion, a price-to-earnings ratio of 21.28, a P/E/G ratio of 2.36 and a beta of 0.59. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.36 and a current ratio of 0.67. Kinder Morgan has a 52 week low of $25.60 and a 52 week high of $34.81. The firm’s 50-day simple moving average is $31.88 and its two-hundred day simple moving average is $32.05.

Kinder Morgan (NYSE:KMI) last released its earnings results on Wednesday, October 21st. The pipeline company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. Kinder Morgan had a net margin of 19.64% and a return on equity of 10.84%. The firm had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $4.37 billion. During the same period in the previous year, the company earned $0.29 earnings per share. The company’s quarterly revenue was up 9.3% on a year-over-year basis. As a group, equities analysts forecast that Kinder Morgan will post 1.60 earnings per share for the current year.

Kinder Morgan Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Monday, November 2nd will be issued a $0.2975 dividend. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Monday, November 2nd. Kinder Morgan’s payout ratio is 73.46%.

Analyst Ratings Changes

Several equities analysts recently commented on KMI shares. Freedom Broker upgraded Kinder Morgan from a “hold” rating to a “buy” rating and upped their price objective for the company from $34.00 to $39.00 in a research note on Thursday. Capital One Financial started coverage on Kinder Morgan in a research report on Tuesday, September 22nd. They issued an “equal weight” rating and a $36.00 target price for the company. BMO Capital Markets boosted their target price on Kinder Morgan from $36.00 to $37.00 and gave the company an “outperform” rating in a research note on Thursday. Citigroup boosted their target price on Kinder Morgan from $34.00 to $35.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Morgan Stanley set a $39.00 price target on Kinder Morgan in a research report on Thursday. Twelve research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $36.60.

Insider Activity

In related news, VP Michael Garthwaite sold 1,550 shares of the company’s stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $33.65, for a total transaction of $52,157.50. Following the sale, the vice president directly owned 47,313 shares in the company, valued at approximately $1,592,082.45. This represents a 3.17% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 12.72% of the stock is currently owned by company insiders.

Kinder Morgan News Summary

Here are the key news stories impacting Kinder Morgan this week:

• Positive Sentiment: Strong Q3 performance: Kinder Morgan reported $4.53 billion in revenue, up approximately 9% year over year, and adjusted EPS of $0.35 versus the $0.33 consensus estimate. Natural-gas volumes, record EBITDA and higher earnings supported investor confidence. Kinder Morgan Q3 earnings report
• Positive Sentiment: Major growth investments: KMI approved approximately $4.7 billion for the Southeast Connector and Permian Link natural-gas pipeline projects. The projects are expected to benefit from rising demand tied to data centers, power generation and LNG exports. The company also added $5.4 billion to its expansion backlog, bringing the total backlog to a record $14.4 billion. Kinder Morgan pipeline investment report
• Positive Sentiment: Analyst support and income: Freedom Broker upgraded KMI to “buy” with a $39 price target, while Mizuho raised its target to $39 and kept an “outperform” rating. Kinder Morgan also declared a quarterly dividend of $0.2975 per share, representing a 3.5% indicated yield. Kinder Morgan analyst price targets
• Neutral Sentiment: Mixed analyst view: Scotiabank initiated or reiterated a “hold” rating, indicating that the stock’s recent advance and valuation may already reflect much of the near-term improvement. Scotiabank Kinder Morgan rating
• Negative Sentiment: Lower earnings outlook: KMI’s updated FY 2026 adjusted EPS guidance of $1.36 is below the approximately $1.56 analyst consensus, creating a notable counterweight to the earnings beat and backlog expansion. Kinder Morgan 2026 earnings guidance

Kinder Morgan Company Profile

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities.

The company’s natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure.