Company Update (NYSE:KMI): Kinder Morgan Generates $4.7 Billion of Distributable Cash Flow for 2015

[Business Wire] – Kinder Morgan, Inc. today announced that its board of directors approved a quarterly cash dividend of $0.125 payable on Feb. 15, 2016, to shareholders of record as of the close of business on Feb. Read more on this. Kinder Morgan, Inc. (KMI) , valued at $26.80B, opened this morning at $12.05. Shares have traded today between $11.20 and $12.26 per share and has traded between $11.20 and $44.71 over the past year. Kinder Morgan (KMI) shares are currently priced at 18.46x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 13.54x earnings multiple for the same period. And for passive income investors, the company pays shareholders $0.50 per share annually in dividends, yielding 3.58%. According to a consensus of 18 analysts, the earnings estimate of $0.18 per share would be $0.08 worse than the year-ago quarter and a $0.04 sequential decrease. The full-year EPS estimate is $0.68 which would be a $0.39 setback than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.90 Billion. If realized, that would be a 1.27% decrease over the year-ago quarter. In terms of ratings, Stifel downgraded KMI from Buy to Hold (Oct 22, 2015). Previously, Credit Suisse downgraded KMI from Outperform to Neutral. Investors should keep in mind is that the average price target is $20.93, which is 73.69% above where the stock opened this morning. See more in (NYSE:KMI) Similar Articles: Stock Update: Kinder Morgan Inc (NYSE:KMI) – British Columbia to oppose Kinder Morgan’s pipeline expansion-Vancouver Sun Stock Update: Kinder Morgan Inc (NYSE:KMI) – Kinder Morgan Announces Additional Gas Capacity Commitments to the Northeast Energy Direct Project Company Update: Kinder Morgan Inc (NYSE:KMI) – Kinder Morgan Transports Powder River Basin Barrels to Guernsey on Double H Pipeline System