Kinder Morgan (KMI) Getting Somewhat Favorable News Coverage, Report Shows

Media headlines about Kinder Morgan (NYSE:KMI) have been trending somewhat positive recently, AlphaOne reports. The research firm, a unit of Accern, identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kinder Morgan earned a news impact score of 0.09 on AlphaOne’s scale. AlphaOne also gave news articles about the pipeline company an impact score of 87 out of 100, meaning that recent news coverage is very likely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have impacted AlphaOne Sentiment’s rankings:

Shares of Kinder Morgan (NYSE:KMI) traded down 0.217% during trading on Friday, hitting $20.675. The stock had a trading volume of 3,419,836 shares. Kinder Morgan has a 12-month low of $16.63 and a 12-month high of $23.36. The stock has a 50-day moving average of $21.41 and a 200 day moving average of $21.49. The firm has a market cap of $46.16 billion, a price-to-earnings ratio of 84.045 and a beta of 0.73. Kinder Morgan also was the target of unusually large options trading on Tuesday. Stock investors bought 795 call options on the stock. This is an increase of approximately 118% compared to the average daily volume of 364 call options.

Kinder Morgan (NYSE:KMI) last issued its earnings results on Wednesday, April 19th. The pipeline company reported $0.17 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by $0.01. The business earned $3.42 billion during the quarter, compared to analyst estimates of $3.36 billion. Kinder Morgan had a return on equity of 4.20% and a net margin of 5.12%. The business’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the business earned $0.12 EPS. On average, analysts predict that Kinder Morgan will post $0.69 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 15th. Investors of record on Monday, May 1st will be given a dividend of $0.125 per share. The ex-dividend date is Thursday, April 27th. This represents a $0.50 dividend on an annualized basis and a yield of 2.41%. Kinder Morgan’s payout ratio is 200.00%.

KMI has been the topic of several recent research reports. US Capital Advisors upgraded Kinder Morgan from a “hold” rating to an “overweight” rating in a research report on Wednesday, March 15th. Vetr upgraded Kinder Morgan from a “buy” rating to a “strong-buy” rating and set a $24.92 price objective on the stock in a research report on Monday, January 30th. Zacks Investment Research upgraded Kinder Morgan from a “sell” rating to a “hold” rating in a research report on Monday, January 16th. Finally, Royal Bank of Canada restated a “hold” rating and issued a $25.00 price objective on shares of Kinder Morgan in a research report on Friday, January 6th. Eight analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Kinder Morgan has a consensus rating of “Buy” and a consensus price target of $23.51.

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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.

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