Summary:
- Kinder Morgan (KMI, Financial) reported adjusted earnings of 34 cents per share for Q1, narrowly missing analyst expectations.
- Wall Street maintains an average price target of $30.77, signaling a potential upside.
- Current brokerage recommendations suggest the stock is at an "Outperform" level.
Kinder Morgan's Earnings Overview
Kinder Morgan Inc. (NYSE: KMI) has disclosed its financial performance for the first quarter, posting earnings of $717 million, which translates to 32 cents per share. After necessary adjustments, earnings were slightly improved at 34 cents per share, though this fell short of analysts' projections of 35 cents. The company's revenue for the quarter was reported at $4.24 billion, with a full-year earnings projection of $1.27 per share.
Price Targets and Analyst Recommendations
According to 16 analysts polled, the anticipated one-year price target for Kinder Morgan Inc. (KMI, Financial) averages at $30.77. This projection is framed between a high estimate of $38.00 and a low estimate of $25.00, implying a potential upside of 14.18% from the current trading price of $26.95. For more comprehensive price target insights, visit the Kinder Morgan Inc (KMI) Forecast page.
Meanwhile, the consensus among 21 brokerage firms places Kinder Morgan's stock at an average recommendation of 2.2, indicating an "Outperform" status. The recommendation scale ranges from 1, which denotes a Strong Buy, to 5, indicating a Sell.
Insights from GuruFocus GF Value
GuruFocus presents an estimated GF Value for Kinder Morgan Inc. (KMI, Financial), standing at $18.66 in one year. This suggests a potential downside of 30.76% from the current trading price of $26.95. The GF Value is a reflection of the fair value at which the stock should ideally trade, derived from historical multiples, past business growth, and forward-looking performance estimates. For more in-depth analysis, please refer to the Kinder Morgan Inc (KMI) Summary page.
