Kinder Morgan, Inc. (KMI) has recently been attracting investor attention with the increase in its intrinsic value. The stock has notched a 20% return over 1 year, despite the company's earnings having shrunk in the past. KMI is fast approaching a key technical benchmark, and it is advised that investors should consider purchasing the stock before April 30. There have been several ups and downs as the stock has moved an average of -0.37%, but when the overall market has declined, Kinder Morgan stock generally outperforms with key factors suggesting a bullish trend. The first quarter earnings for 2024 have surpassed estimates, and the company announced a larger dividend than the previous year, showing a positive rise. While it has just missed its revenue target by 14%, analysts are predicting that Kinder Morgan might outperform in the next earnings report. Kinder Morgan had a growth in returns on capital and positive earnings growth expected. Despite the Q1 revenue miss, the stock remains a favorite among institutional owners who hold a majority stake. Looking forward, the company has expressed its interest to create significant investment opportunities with a planned increase in dividends and a focus on new demand from AI operations.
Kinder Morgan KMI News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Sun, 12 May 2024 09:19:21 GMT -
Rating 5
- Innovation -3
- Information 7
- Rumor -1
