Kinder Morgan today
Morgan’s children
- 52 week range
- $16.47
▼
$31.48
- Dividend yield
- 3.77%
- P/E ratio
- 26.76
- Price target
- $28.92
Kinder Morgan New York Stock Exchange: Quantitative The stock price is up 100% since late 2023 and is on track to rise in 2025. The company’s results are supported by increased demand for its core products, amplified by a growing footprint, and higher by results and capital returns. The company’s payout ratio may scare investors at first glance, but there is no need to be afraid; The roughly 100% payout to adjusted earnings ratio is not the important number.
Once it has an MLP, the company continues to pay its investors as if it were one of them. This means that dividends are tied to sufficient distributable cash flow to maintain high-yielding payouts, distribution growth expectations, and a healthy balance sheet while the company finances growth projects internally.
Kinder Morgan has several expansion projects, including the recently announced Trident Intrastate Pipeline project. This project will connect critical LNG infrastructure in Katy, Texas, with Port Arthur, and is supported by long-term customer contracts that ensure profitability. Other projects are improving handling and distribution capacity, providing trading leverage in 2025 and beyond.
The important points from the LNG forecast are that prices will remain strong in 2025, supported by increased demand in the industrial, power generation, data center and consumer sectors. Demand growth, which is critical to KMI’s performance, will be even more important abroad, and US operators like Kinder Morgan are well positioned to meet it.
To paraphrase KMI CEO Kimberly A. Dang, with President Trump in office and current demand growing, the future is bright for Kinder Morgan and other pipeline operators.
Kinder Morgan Misses Q4 Estimates: So What?
Kinder Morgan stock forecast today
$27.00
-11.14% ConsModerate purchase
Based on 13 analyst ratings
| High expectations | $34.00 |
|---|---|
| Average expectations | $27.00 |
| Low expectations | $23.00 |
Details of Kinder Morgan stock forecasts
Kinder Morgan reported a weak quarter compared to consensus analyst expectations reported by MarketBeat, but operational improvements made up for that miss. Revenue of $3.99 billion fell 1.2% year over year, missing expectations by 400 basis points as weakness in the product pipeline segment offset strength in natural gas.
The critical takeaway is that operational improvement drove EBDA growth in most segments and systemwide, resulting in strong double-digit net profit gains. Adjusted earnings of $0.32 missed the consensus by a penny but were up 14% with similarly large gains in adjusted EBITDA, net income, and FCF.
Guidance is a factor in price movement after the release. The company issued strong guidance for 2025, expecting net income attributable to investors to rise 8% to $2.8 billion. Adjusted earnings per share and profits are also expected to grow. The dividend outlook is tepid, with growth of just 2%, but the pace is sustainable and allows for reinvestment and debt reduction.
The company’s net debt-to-adjusted EBITDA ratio fell 40 basis points during the quarter to 3.8x, and is expected to decline by at least 20 basis points in 2025. Balance sheet highlights also indicate dividends and increases Continuous, with increasing cash and assets offsetting the liability, equity rising gradually, and total leverage is very low – just 1.25X equity.
Analyst trends are supporting KMI stock price and tailwinds will continue to blow
Analyst trends provide tailwinds for the KMI market, with increased coverage in 2024, sentiment holding to moderate buy from hold, and consensus price target rising 35%. The early 2025 consensus lags the market, but revisions lead to the high-end range, which assumes a 10% upside from mid-January price action. These trends are expected to continue in 2025, causing prices to rise.
Technical action in KMI stock is strong. The market is up 100% from the lows and looks strong for early 2025. The move at the end of 2024 and early 2025 is a consolidation and continuation signal that could lead to a $12 move from the breakout point. This gives a target of $40, which is close to record highs.
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