Company Update: Kinder Morgan Inc (NYSE:KMI) – What’s Wrong With Kinder Morgan?

Kinder Morgan Inc (NYSE:KMI) [at Seeking Alpha] – Kinder Morgan ( KMI ) shares fell yet again last week, as the company offered a new three-year outlook that was less than investors had been hoping for (presentations are available here). This decline …
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Kinder Morgan, Inc. (KMI), currently valued at $34.84B, opened at $33.50.
 
Looking at today’s trading action, the company’s one day range from $33.30 to $33.82 and has traded between $32.30 and $41.49 over the past 12 months.
 
KMI shares are currently priced at 23.97x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 74.28x forward p/e ratio.
 
And for those looking to make a return holding the stock, the company pays shareholders $1.64 per share annually in dividends, yielding 4.80%.
 
Consensus earnings for the current quarter by the 12 sell-side analysts covering the stock is an estimate of $0.33 per share, which would be $0.05 better than the year-ago quarter and a $0.10 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $1.39 would be a $0.24 better when compared to the previous year’s annual results.
 
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.83 Billion. If realized, that would be a 25.16% increase over the year-ago quarter.
 
More recently, Morgan Keegan Initiated KMI at Outperform (Apr 20, 2011). Previously, Barclays Capital Initiated KMI at to Overweight.
 
The average price target for KMI shares by the analysts covering the stock is $39.07, which is 16.63% above where the stock opened this morning.
 
Kinder Morgan Inc (NYSE:KMI), owns and operates energy transportation and storage assets in the US and Canada. The company operates in six segments: Natural Gas Pipelines, Products Pipelines—KMP, CO2—KMP, Terminals—KMP, Kinder Morgan Canada—KMP and Other. Formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011.
 
Tag Helper ~ Stock Code: KMI | Common Company name: Kinder Morgan | Full Company name: Kinder Morgan Inc (NYSE:KMI) .

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