Kinder Morgan (NYSE:KMI) Issues FY 2026 Earnings Guidance

Kinder Morgan (NYSE:KMI) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.360-1.360 for the period, compared to the consensus EPS estimate of 1.560.

Kinder Morgan Stock Up 2.7%

Kinder Morgan stock traded up $0.93 during trading hours on Friday, hitting $34.65. The company had a trading volume of 4,178,100 shares, compared to its average volume of 12,273,460. The firm has a market capitalization of $77.15 billion, a P/E ratio of 22.21, a price-to-earnings-growth ratio of 2.39 and a beta of 0.59. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.46 and a quick ratio of 0.36. The firm’s fifty day moving average is $31.85 and its 200-day moving average is $32.04. Kinder Morgan has a fifty-two week low of $25.60 and a fifty-two week high of $34.81.

Kinder Morgan (NYSE:KMI) last issued its earnings results on Wednesday, October 21st. The pipeline company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. Kinder Morgan had a net margin of 19.64% and a return on equity of 10.85%. The company had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.37 billion. During the same quarter last year, the business posted $0.29 EPS. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. On average, research analysts forecast that Kinder Morgan will post 1.56 earnings per share for the current year.

Kinder Morgan Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Monday, November 2nd will be given a dividend of $0.2975 per share. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $1.19 dividend on an annualized basis and a yield of 3.4%. Kinder Morgan’s dividend payout ratio (DPR) is presently 76.28%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on KMI. Capital One Financial started coverage on Kinder Morgan in a research report on Tuesday, September 22nd. They issued an “equal weight” rating and a $36.00 target price on the stock. Freedom Broker upgraded shares of Kinder Morgan from a “hold” rating to a “buy” rating and raised their price target for the company from $34.00 to $39.00 in a report on Thursday. BMO Capital Markets lifted their price objective on shares of Kinder Morgan from $36.00 to $37.00 and gave the company an “outperform” rating in a research note on Thursday. Stifel Nicolaus began coverage on shares of Kinder Morgan in a report on Wednesday, September 9th. They issued a “hold” rating and a $35.00 price objective for the company. Finally, Jefferies Financial Group raised their target price on Kinder Morgan from $33.00 to $37.00 and gave the company a “hold” rating in a report on Thursday. Twelve equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Kinder Morgan presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.55.

Insider Buying and Selling at Kinder Morgan

In other news, VP Michael Garthwaite sold 1,550 shares of the business’s stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $33.65, for a total transaction of $52,157.50. Following the transaction, the vice president owned 47,313 shares in the company, valued at approximately $1,592,082.45. The trade was a 3.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 12.72% of the company’s stock.

Key Headlines Impacting Kinder Morgan

Here are the key news stories impacting Kinder Morgan this week:

• Positive Sentiment: Q3 results exceeded expectations: Kinder Morgan reported adjusted EPS of $0.35, ahead of the $0.33 consensus estimate, while revenue rose 9.3% year over year to $4.53 billion, above expectations of $4.37 billion. EPS increased 21% from the prior-year quarter. Kinder Morgan Q3 earnings report
• Positive Sentiment: Large project backlog supports growth: Kinder Morgan approved approximately $4.7 billion for the Southeast Connector and Permian Link natural-gas pipelines, primarily serving power generation, data centers and other growing demand. The company also added $5.4 billion to its expansion backlog, which reached a record $14.4 billion. Kinder Morgan pipeline investment
• Positive Sentiment: Analyst sentiment improved: Freedom Broker upgraded KMI from “hold” to “buy” with a $39 price target, while Mizuho raised its target to $39 and maintained an “outperform” rating. Other analysts reportedly lifted targets into the $37-$40 range. Kinder Morgan analyst target increases
• Positive Sentiment: Dividend remains attractive: The board declared a quarterly dividend of $0.2975 per share, or $1.19 annualized, representing a yield of approximately 3.5%. Kinder Morgan dividend announcement
• Negative Sentiment: Guidance trails consensus: Kinder Morgan set 2026 adjusted EPS guidance at $1.36, below the approximately $1.56 analyst consensus estimate. This shortfall could limit the stock’s upside despite strong current results and long-term infrastructure demand. Kinder Morgan 2026 earnings guidance

About Kinder Morgan

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities.

The company’s natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure.