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

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

Kinder Morgan Price Performance

Shares of KMI traded up $0.86 during mid-day trading on Friday, hitting $34.58. 7,173,504 shares of the company were exchanged, compared to its average volume of 12,292,970. Kinder Morgan has a 1-year low of $25.60 and a 1-year high of $34.81. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.36 and a current ratio of 0.46. The company has a 50 day moving average of $31.85 and a 200-day moving average of $32.04. The stock has a market cap of $77.00 billion, a price-to-earnings ratio of 22.16, a price-to-earnings-growth ratio of 2.39 and a beta of 0.59.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings results on Wednesday, October 21st. The pipeline company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.33 by $0.02. The firm had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $4.37 billion. Kinder Morgan had a return on equity of 10.85% and a net margin of 19.64%. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.29 earnings per share. Analysts expect that Kinder Morgan will post 1.56 EPS for the current fiscal year.

Kinder Morgan Announces Dividend

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

Analyst Ratings Changes

Several brokerages have recently weighed in on KMI. Stifel Nicolaus started coverage on shares of Kinder Morgan in a research note on Wednesday, September 9th. They set a “hold” rating and a $35.00 target price for the company. Freedom Broker upgraded Kinder Morgan from a “hold” rating to a “buy” rating and upped their price objective for the stock from $34.00 to $39.00 in a report on Thursday. Morgan Stanley set a $39.00 price target on Kinder Morgan in a report on Thursday. Capital One Financial started coverage on Kinder Morgan in a report on Tuesday, September 22nd. They set an “equal weight” rating and a $36.00 price objective on the stock. Finally, Argus upped their price target on shares of Kinder Morgan from $36.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Twelve analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $36.55.

Insider Transactions at Kinder Morgan

In other Kinder Morgan news, VP Michael Garthwaite sold 1,550 shares of the firm’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 completion of the transaction, the vice president owned 47,313 shares in the company, valued at $1,592,082.45. This trade represents a 3.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 12.72% of the stock is owned by corporate insiders.

Kinder Morgan News Roundup

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

• Positive Sentiment: Q3 earnings beat expectations. Kinder Morgan reported adjusted EPS of $0.35 versus the $0.33 consensus, while revenue rose 9.3% year over year to $4.53 billion. EPS increased 21% from the prior-year quarter, supported by stronger natural-gas pipeline volumes and record EBITDA. KMI Q3 Earnings Beat Estimates on Natural Gas Pipeline Strength
• Positive Sentiment: Large expansion projects extend the growth outlook. KMI approved approximately $4.7 billion for the Southeast Connector and Permian Link natural-gas pipelines, including projects intended to serve hyperscale data centers. The company also added $5.4 billion to its expansion backlog, lifting the total backlog to a record $14.4 billion. Kinder Morgan to invest $4.7 billion in two gas pipeline projects
• Positive Sentiment: Analyst sentiment improved. Freedom Broker upgraded Kinder Morgan 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 following the results.
• Positive Sentiment: The dividend was maintained. KMI declared a quarterly dividend of $0.2975 per share, or $1.19 annualized, representing a yield of roughly 3.5%. Kinder Morgan declares dividend
• Neutral Sentiment: Key risk: heavy capital spending and guidance uncertainty. One reported FY 2026 update lists adjusted EPS guidance at $1.36, below the $1.56 analyst consensus, despite the stronger quarter and higher project backlog. Funding billions in new projects could also pressure free cash flow and dividend coverage. Kinder Morgan FY 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.