How to Buy Kinder Morgan Stock
Kinder Morgan Inc
Kinder Morgan is a oil & gas midstream company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker KMI on the NYSE exchange.
Kinder Morgan stock last closed at $23.35, up 1.79% from the previous day, and has increased 45.03% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.08 percentage points. Kinder Morgan stock is currently +46.9% from its 52-week low of $15.90, and -0.3% from its 52-week high of $23.42.
As of Oct 3, 2024, there are 2.22B KMI shares outstanding. The market value of KMI is $51.82B. In the last 24 hours, 17M KMI shares were traded.
How to Buy Kinder Morgan Stock
Not sure how to invest in Kinder Morgan stock? Here's how.
- Decide where to buy Kinder Morgan stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Kinder Morgan stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your payment method and add your information.
- Analyze Kinder Morgan stock: The Kinder Morgan ticker symbol is KMI. Is Kinder Morgan stock a good investment? Should you buy shares of KMI? How do KMI's underlying business fundamentals look? Do top analysts think Kinder Morgan is a good buy? Why has KMI's stock price moved recently? (Hint: Our stock market research website can help you understand if KMI is a good stock to buy).
- Execute your KMI trade: Decide if you will purchase KMI shares at the current market price or use a limit order to purchase KMI stock at a specific price.
- Get the latest news on your KMI position: Create a watchlist to important notifications about your position in Kinder Morgan stock.
Step 1: Decide where to buy Kinder Morgan stock
You will need an online brokerage account to access the NYSE market and buy KMI shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal details so you can buy KMI today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create a new brokerage account.
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Step 3: Put funds into your investment account
Now that you've created your account on app for investing, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help depositing money into your new brokerage account.
Step 4: Analyze Kinder Morgan stock
After you have figured out the best place to buy Kinder Morgan stock, it's absolutely critical to evaluate their stock prior to investing, so you can comprehend the risk and opportunity.
Kinder Morgan shares quick numbers
Fundamentals of Kinder Morgan
WallStreetZen was created to help part-time investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on KMI's stock page.
Is KMI stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge KMI's intrinsic value.
Using relative valuations methods:
- KMI could be overvalued based on its P/E ratio of 21.42x, relative to Oil & Gas Midstream industry P/E ratio of 16.39x
- KMI could be undervalued based on its P/B ratio of 1.71x, relative to Oil & Gas Midstream industry P/B ratio of 2.66x
- KMI may be overvalued based on its PEG ratio of 4.2x
You can access additional valuation analysis on KMI's stock here.
A look at KMI Cashflows and Balance Sheet
Positive Financial Indicators:
- KMI profit margin has gone up from 14.6% to 15.9% in the past year.
- KMI's operating cash flow of $6.48B allows it to safely service it's debt of $31.71B.
Negative Financial Indicators:
- KMI earnings of $5.02B is not enough to cover its interest payments.
- KMI has a relatively high debt to equity ratio of 1.29.
- Total KMI debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the KMI balance sheet.
- There are more long-term liabilities than short-term assets on the KMI balance sheet.
Is it a good time to buy KMI stock, according to Wall Street analysts?
Out of 10 Equities analysts who give ratings on KMI, the consensus analyst rating on KMI is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest KMI Analyst Forecasts
Neal Dingmann, a top 1% analyst from Truist Securities maintains KMI with a hold rating and raises their KMI price target from $20.00 to $22.00, on Jul 26, 2024.
Jeremy Tonet, a top 12% analyst from JP Morgan maintains KMI with a hold rating and raises their KMI price target from $20.00 to $23.00, on Jul 25, 2024.
Bill Selesky, a top 8% analyst from Argus Research upgrades KMI to a strong buy rating and announces their KMI price target of $24.00, on Jul 19, 2024.
Tristan Richardson, a bottom 8% analyst from ScotiaBank maintains KMI with a hold rating and raises their KMI price target from $19.00 to $21.00, on Jul 17, 2024.
Michael Blum, a top 10% analyst from Wells Fargo upgrades KMI to a strong buy rating and raises their KMI price target from $18.00 to $22.00, on Jun 4, 2024.
You can dig deeper into what analysts are forecasting on the Kinder Morgan stock forecast page.
KMI Technicals
KMI Revenue
Last year, KMI earnings were $2.45B. In the past 5 year, KMI's earnings have increased by 1.94% per year. This was slower than the Oil & Gas Midstream industry average of 30.21%.
Last year, KMI revenue was $15.36B. During the last five year, KMI's revenue has gone up by 1.96% per year. This was slower than the Oil & Gas Midstream industry average of 7.46%.
You can analyze KMI's earnings and revenue performance here.
Are KMI insiders buying or selling the stock?
In the past year, executives and large shareholders at KMI have sold more shares than they have bought.
Dax Sanders, VP Pres. Products Pipelines of KMI, was the latest KMI insider to sell. They sold $1,078,140.00 worth of KMI shares on Aug 14, 2024.
Get more info about who owns KMI stock here.
Does KMI provide a stable income stream?
Kinder Morgan pays a dividend of 4.88%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.86%. If you owned $1,000 of KMI stock, you would have received $48.82 in the past 12 months.
Kinder Morgan dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about Kinder Morgan dividend yield and history here.
KMI Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your KMI trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you require more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your KMI position
Now that you own some shares in KMI, you'll want to keep up with your new investment.
Create a watchlist to track your KMI stock.
KMI Feed
How to Buy Stock in Kinder Morgan
To summarize, here are the 6 steps to buy Kinder Morgan stock:
- Decide where to buy Kinder Morgan stock
- Sign up for your brokerage account
- Put funds into your investment account
- Analyze Kinder Morgan stock
- Execute your KMI trade
- Get the latest news on your KMI position
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Kinder Morgan, hit the button below to create your watchlist.
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