Kinder Morgan, Inc. (KMI, Financial) has outlined its financial expectations for 2025, projecting a net income attributable to the company of $2.8 billion. This represents an 8% increase from the expected results of 2024. Additionally, KMI anticipates an adjusted earnings per share (EPS) of $1.27, marking a 10% rise over the previous year.
The company plans to declare dividends of $1.17 per share in 2025, which would be a 2% improvement compared to 2024 dividends. The budget for 2025 also includes targeted adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $8.3 billion, a 4% increase from the prior year's expectations.
In terms of debt management, KMI aims to conclude 2025 with a Net Debt-to-Adjusted EBITDA ratio of 3.8 times. The financial predictions are based on anticipated average annual prices for key commodities, with West Texas Intermediate (WTI) crude oil priced at $68 per barrel and Henry Hub natural gas at $3.00 per million British thermal units (MMBtu), aligning with the forward curves during the budget process.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Kinder Morgan Inc (KMI, Financial) is $30.77 with a high estimate of $38.00 and a low estimate of $25.00. The average target implies an upside of 14.18% from the current price of $26.95. More detailed estimate data can be found on the Kinder Morgan Inc (KMI) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Kinder Morgan Inc's (KMI, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Kinder Morgan Inc (KMI, Financial) in one year is $18.66, suggesting a downside of 30.76% from the current price of $26.95. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Kinder Morgan Inc (KMI) Summary page.
