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 $18.82, down 0.11% from the previous day, and has increased 6.81% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.1 percentage points. Kinder Morgan stock is currently +18.44% from its 52-week low of $15.89, and -0.53% from its 52-week high of $18.92.
As of Apr 22, 2024, there are 2.22B KMI shares outstanding. The market value of KMI is $41.77B. In the last 24 hours, 16M 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.
- Send your information by hitting the "Create Account" button. Get started with eToro today
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 17.27x, relative to Oil & Gas Midstream industry P/E ratio of 13.94x
- KMI could be undervalued based on its P/B ratio of 1.38x, relative to Oil & Gas Midstream industry P/B ratio of 2.33x
- KMI may be overvalued based on its PEG ratio of 2.71x
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 13.6% to 16.1% in the past year.
Negative Financial Indicators:
- Total KMI debt is higher than 5 years ago, relative to shareholder equity.
- KMI earnings of $5.01B is not enough to cover its interest payments.
- KMI's operating cash flow of $6.35B allows it to safely service it's debt of $32.15B.
- KMI has a relatively high debt to equity ratio of 1.28.
- There are more long-term liabilities than short-term assets on the KMI balance sheet.
- There are more short-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 1 Equities analysts who give ratings on KMI, the consensus analyst rating on KMI is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Kinder Morgan stock forecast page.
Metrics for Advanced KMI Traders
KMI Revenue
Last year, KMI earnings were $2.46B. In the last 5 year, KMI's earnings have gone up by 9.9% per year. This was slower than the Oil & Gas Midstream industry average of 21.22%.
Last year, KMI revenue was $15.29B. In the last five year, KMI's revenue has increased by 1.55% per year. This was slower than the Oil & Gas Midstream industry average of 7.45%.
Find out more about KMI's earnings and revenue performance here.
Are KMI insiders buying or selling the stock?
Over the past 12 months, insiders at KMI have sold more shares than they have bought.
Joel V. Staff, Director of KMI, was the latest KMI insider to buy. They bought $140,065.20 worth of KMI shares on Jan 16, 2024.
Dig into more about who owns KMI stock here.
Can I rely on KMI as an income stream?
Kinder Morgan pays a dividend of 6%, compared to the Oil & Gas Midstream industry's average dividend yield of 6%. If you owned $1,000 worth of KMI stock, you would have been paid $60.04 last year.
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 reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your KMI trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you need additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your KMI position
Now that you own some KMI stock, you'll want to keep up with your new shares.
Start a watchlist to track the latest developments regarding your KMI stock.
KMI Feed
How to Buy Stock in Kinder Morgan
To reiterate, here are the 6 steps for buying 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 require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Kinder Morgan, add KMI to your watchlist by clicking the button below.
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