Kinder Morgan Inc (NYSE:KMI) shares, rose in value, with the stock price up by 0.55% to the previous day’s close as strong demand from buyers drove the stock to $26.42.
Actively observing the price movement in the recent trading, the stock is buoying the session at $26.28, falling within a range of $26.19 and $26.48. The value of beta (5-year monthly) is 0.907 whereas the PE ratio is 22.55 over 12-month period. Referring to stock’s 52-week performance, its high was $31.48, and the low was $16.47. On the whole, KMI has fluctuated by -9.25% over the past month.
With the market capitalization of Kinder Morgan Inc currently standing at about $58.71 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.86, with its dividend yield at 3.26%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 16.45B, with a low estimate of 4.02B and a high estimate of 4.18B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.09B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KMI’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.71, with the price of KMI currently trading nearly -6.30% and -4.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.75, while the 7-day volatility ratio is showing 2.78% which for the 30-day chart, stands at 2.80%. Furthermore, Kinder Morgan Inc (KMI)’s beta value is 0.94, and its average true range (ATR) is 0.73.
A comparison of Kinder Morgan Inc (KMI) with its peers suggests the former has fared considerably weaker in the market. KMI showed an intraday change of 0.55% in today’s session so far, and over the past year, it grew by 57.48%%.
Data on historical trading for Kinder Morgan Inc (NYSE:KMI) indicates that the trading volumes over the past 10 days have averaged 15.28 and over the past 3 months, they’ve averaged 14.16 million. According to company’s latest data on outstanding shares, there are 2.22 billion shares outstanding.
Nearly 13.05% of Kinder Morgan Inc’s shares belong to company insiders and institutional investors own 66.87% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 42.76 million shares as on 2024-12-31, resulting in a short ratio of 3.56. According to the data, the short interest in Kinder Morgan Inc (KMI) stood at 221.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 41.99 million. The stock has fallen by -3.56% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KMI stock heading into the next quarter.
