Kinder Morgan Inc. (NYSE: KMI) has reported earnings for its first fiscal quarter (ending March 31) of $0.33 versus $0.30 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $1.10 compared to $1.13 a year ago.
Recent Price Action
Kinder Morgan Inc. (NYSE: KMI) stock rose modestly by 0.4% on 4/17/24. The stock closed at $17.76. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -3.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, KMI is expected to continue to be an important Value Builder.
Kinder Morgan has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Kinder Morgan has a neutral Power Rating of 54 and a slightly positive Appreciation Score of 66, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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