Why Do Investors Buy Stock In Kinder Morgan Inc. (KMI)?
Kinder Morgan Inc. (NYSE:KMI) has a beta value of 1.13 and has seen 4.03 million shares traded in the recent trading session. The company, currently valued at $42.35B, closed the recent trade at $18.95 per share which meant it gained $0.11 on the day or 0.58% during that session. The KMI stock price is -1.79% off its 52-week high price of $19.29 and 39.58% above the 52-week low of $11.45. If we look at the companys 10-day average daily trading volume, we find that it stood at 16.78 million shares traded. The 3-month trading volume is 15.50 million shares. The consensus among analysts is that Kinder Morgan Inc. (KMI) is a Hold stock at the moment, with a recommendation rating of 2.80. 4 analysts rate the stock as a Sell, while 1 rate it as Overweight. 13 out of 25 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.19. Kinder Morgan Inc. (NYSE:KMI) trade information  Sporting 0.58% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, 06/14/21 when the KMI stock price touched $18.95 or saw a rise of 1.76%. Year-to-date, Kinder Morgan Inc. shares have moved 37.82%, while the 5-day performance has seen it change 0.37%. Over the past 30 days, the shares of Kinder Morgan Inc. (NYSE:KMI) have changed 4.55%. Short interest in the company has seen 28.64 million shares shorted with days to cover at 1.74. Wall Street analysts have a consensus price target for the stock at $18.14, which means that the shares value could drop -4.47% from the levels at last check today. The projected low price target is $15.00 while the price target rests at a high of $22.00. In that case, then, we find that the latest price level in todays session is -16.09% off the targeted high while a plunge would see the stock lose 20.84% from the levels at last check today. Kinder Morgan Inc. (KMI) estimates and forecasts  Figures show that Kinder Morgan Inc. shares have outperformed across the wider relevant industry. The companys shares have gained 27.38% over the past 6 months, with this year growth rate of 38.64%, compared to 20.50% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 11.80% and -9.50% for the next quarter. Revenue growth from the last financial year stood is estimated to be 20.30%. 8 analysts offering their estimates for the company have set an average revenue estimate of $2.86 billion for the current quarter. 8 have an estimated revenue figure of $3 billion for the next quarter concluding in Sep 2021. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -14.70% over the past 5 years. Earnings growth for 2021 is a modest -95.10% while over the next 5 years, the companys earnings are expected to increase by 4.03%. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  KMI Dividends  Kinder Morgan Inc. is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. The forward dividend is 1.08 at a share yield of 5.73%. The companys dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.49%. Kinder Morgan Inc. (NYSE:KMI)s Major holders  Insiders own 12.50% of the company shares, while shares held by institutions stand at 62.12% with a share float percentage of 71.00%. Investors are also buoyed by the number of investors in a company, with Kinder Morgan Inc. having a total of 1,517 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 168.91 million shares worth more than $2.81 billion. As of Mar 30, 2021, Vanguard Group, Inc. (The) held 7.46% of shares outstanding. The other major institutional holder is Blackrock Inc., with the holding of over 159.42 million shares as of Mar 30, 2021. The firms total holdings are worth over $2.65 billion and represent 7.04% of shares outstanding. Also the top two Mutual Funds that are holding companys shares are Vanguard Total Stock Market Index Fund and Select Sector SPDR Fund-Energy Select. As of Mar 30, 2021, the former fund manager holds about 2.40% shares in the company for having 54.24 million shares of worth $903.1 million while later fund manager owns 52.47 million shares of worth $894.61 million as of Apr 29, 2021, which makes it owner of about 2.32% of companys outstanding stock.