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

Kinder Morgan (NYSE:KMI) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.360-1.360 for the period, compared to the consensus estimate of 1.390. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of analysts have recently weighed in on KMI shares. Freedom Capital upgraded shares of Kinder Morgan from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 28th. Jefferies Financial Group cut their target price on shares of Kinder Morgan from $36.00 to $34.00 and set a “hold” rating for the company in a research report on Thursday. Scotiabank upped their price target on shares of Kinder Morgan from $31.00 to $32.00 and gave the company a “sector perform” rating in a report on Thursday, March 26th. Barclays reiterated an “overweight” rating on shares of Kinder Morgan in a research note on Friday, February 20th. Finally, Citigroup increased their target price on Kinder Morgan from $28.00 to $33.00 and gave the company a “neutral” rating in a research note on Monday, March 30th. Seven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $34.20.

Kinder Morgan Price Performance

Shares of Kinder Morgan stock opened at $31.70 on Friday. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.64 and a quick ratio of 0.50. The company has a market cap of $70.52 billion, a PE ratio of 21.27, a price-to-earnings-growth ratio of 2.89 and a beta of 0.64. The firm has a fifty day moving average price of $32.92 and a two-hundred day moving average price of $29.46. Kinder Morgan has a fifty-two week low of $25.60 and a fifty-two week high of $34.73.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings data on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.10. Kinder Morgan had a net margin of 18.92% and a return on equity of 9.93%. The company had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.55 billion. During the same quarter in the previous year, the firm posted $0.34 EPS. The business’s revenue was up 13.8% compared to the same quarter last year. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Analysts expect that Kinder Morgan will post 1.4 EPS for the current year.

Kinder Morgan Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Monday, May 4th will be paid a dividend of $0.2975 per share. This is a positive change from Kinder Morgan’s previous quarterly dividend of $0.29. This represents a $1.19 annualized dividend and a yield of 3.8%. The ex-dividend date is Monday, May 4th. Kinder Morgan’s dividend payout ratio is presently 85.40%.

Insider Transactions at Kinder Morgan

In other news, Director William A. Smith acquired 3,000 shares of Kinder Morgan stock in a transaction on Monday, February 2nd. The stock was bought at an average price of $29.75 per share, for a total transaction of $89,250.00. Following the transaction, the director owned 31,087 shares of the company’s stock, valued at $924,838.25. The trade was a 10.68% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $33.67, for a total value of $207,609.22. Following the sale, the vice president owned 188,872 shares in the company, valued at approximately $6,359,320.24. This represents a 3.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 29,598 shares of company stock worth $952,572. Insiders own 12.72% of the company’s stock.

More Kinder Morgan News

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

• Positive Sentiment: Q1 beat — KMI posted Q1 revenue and EPS above Street expectations (non?GAAP EPS $0.48 vs. $0.38 est.), driven by stronger natural?gas pipeline volumes and a $10.1B backlog, underpinning today’s bullish reaction. Pipeline operator Kinder Morgan beats first-quarter profit estimates
• Positive Sentiment: Dividend raised — the board approved a quarterly payout of $0.2975 (up ~1.7% q/q), boosting the yield to roughly 3.7% and supporting income?investor demand. Kinder Morgan Reports First Quarter 2026 Financial Results
• Positive Sentiment: Acquisition and cashflow strength — KMI agreed to acquire the Monument natural?gas system and reported first?quarter income up ~36%, signaling steadier cash flow to support dividends and projects. KMI to acquire Monument natural gas system as first-quarter income jumps 36%
• Positive Sentiment: Weather and demand tailwinds — cold weather (Storm Fern) materially increased natural?gas sales volumes and helped Q1 results; management highlighted stronger gas demand that helped offset weakness in some product volumes. Kinder Morgan: Thank Storm Fern And All Of The Cold Weather After That
• Positive Sentiment: Longer?term demand angle — coverage notes that rising power demand from AI/data centers could support pipeline and power?related volumes, a structural growth argument investors are citing alongside the dividend lift. This Pipeline Company Just Raised Its Dividend. AI Power Demand Is Fueling Growth.
• Neutral Sentiment: Bullish research pieces — a few buy/upgrade-style writeups argue a path to higher targets (e.g., $40 by some bulls), but these are opinion pieces and don’t change the company’s near-term fundamentals. Kinder Morgan: The Case To $40 Is Here (Rating Upgrade)
• Negative Sentiment: Guidance slightly below consensus — KMI set FY?2026 EPS guidance at $1.36 (management’s midpoint), under the roughly $1.39 consensus, which caps upside and is being cited by cautious investors. KMI Q1 Deep Dive: Natural Gas Demand and Expansion Projects Drive Outperformance
• Negative Sentiment: Analyst downgrades/price?target cuts — Wolfe Research cut KMI from strong?buy to hold and Jefferies trimmed its target (to $34) and/or ratings to hold, reducing buy?side conviction despite the quarter. Kinder Morgan (NYSE:KMI) Cut to Hold at Wolfe Research Jefferies price-target note

Institutional Trading of Kinder Morgan

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KMI. State Street Corp lifted its stake in Kinder Morgan by 2.2% during the fourth quarter. State Street Corp now owns 116,860,317 shares of the pipeline company’s stock worth $3,212,490,000 after purchasing an additional 2,510,601 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Kinder Morgan by 0.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 30,104,829 shares of the pipeline company’s stock worth $827,582,000 after buying an additional 195,088 shares in the last quarter. Orbis Allan Gray Ltd raised its stake in Kinder Morgan by 3.1% during the second quarter. Orbis Allan Gray Ltd now owns 22,635,179 shares of the pipeline company’s stock worth $665,474,000 after acquiring an additional 670,856 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Kinder Morgan by 1.0% during the third quarter. Invesco Ltd. now owns 22,165,368 shares of the pipeline company’s stock valued at $627,502,000 after acquiring an additional 216,039 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Kinder Morgan by 1.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 16,789,254 shares of the pipeline company’s stock valued at $461,543,000 after acquiring an additional 237,495 shares during the period. Institutional investors own 62.52% of the company’s stock.

Kinder Morgan Company Profile

Kinder Morgan (NYSE: KMI) is a large energy infrastructure company that owns and operates an extensive network of pipelines and terminals across North America. Its core activities center on the transportation, storage and handling of energy products, including natural gas, natural gas liquids (NGLs), crude oil, refined petroleum products and carbon dioxide. The company’s assets include long-haul and gathering pipelines, storage facilities, and multi-modal terminals that serve producers, refiners, utilities and industrial customers.

Kinder Morgan’s operations deliver midstream services such as pipeline transportation, terminaling, storage and related logistics and maintenance.