Is Now An Ideal Time To Purchase Kinder Morgan Inc (NYSE: KMI) Stock?

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Kinder Morgan Inc (NYSE:KMI) traded at $27.83 at close of the session on Monday, January 06 and made a downward move of -1.56% on its previous day’s price.

Looking at the stock we see that its previous close was $28.27 and the beta (5Y monthly) reads 0.907 with the day’s price range being $27.73 – $28.39. The company has a trailing 12-month PE ratio of 24.46. In terms of its 52-week price range, KMI has a high of $28.81 and a low of $16.47. The company’s stock has gained about 1.61% over that past 30 days.

Kinder Morgan Inc has a market cap of $62.18 billion and is expected to release its quarterly earnings report in February. With its Forward Dividend at 1.15 and a yield of 4.11%, the company’s investors could be anxious for the KMI stock to gain ahead of the earnings release.

On the other hand, looking at the outlook for the KMI stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.

Based on estimates by 10 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 4 have rated the Kinder Morgan Inc (KMI) stock as a Hold, while 5 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the KMI stock currently stands at 3.83, and the current price level is 2.63% off its SMA20 and 3.63% from its 50-day simple moving average. The RSI (14) is pointing at 58.55 while the volatility over the past week is 2.01% and jumps to 2.03% over the past one month. The beta value is 0.94, while the average true range (ATR) is currently pointing at 0.54. The average price target for the stock over the next 12 months is $26, with the estimates having a low of $25 and a high of $30.5. These price ends are 10.17% and -9.59% off the current price level respectively, although investors could be excited at the prospect of a 6.58% if the KMI share price touches on the median price of $26.

Coming back to Kinder Morgan Inc (NYSE:KMI), we note that the average 3-month trading volume was 13.47 million, while that of the preceding 10-day period stands at 11.88 million. Current shares outstanding are 2.22 billion.

The insiders hold 12.77% of the company’s shares while institutions hold 66.33%. The data shows that short shares as of 2024-12-13, stood at 44.9 million at a short ratio of 3.59. This represents a 232.00 short interest in shares outstanding on 2024-12-13. Shares short rose in December from the previous month at 40.29 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 1.57% up in year-to-date price movement.

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