Kinder Morgan, Inc. (KMI) fair value analysis
S&P 500 · Updated 2026-10-19
KMI price how computed
Forward Fair Value verdict
OvervaluedKMI is trading at more than a 25% premium to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $32.49
- Sector
- Energy
- 12-month range
- $25.84–$34.31
- Market cap
- $72.3B
- From 52-week high
- -5.3%
- Shares outstanding
- 2.23B
- Rank in Energy by discount to fair value
- #16 of 24
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America, operating an extensive network of pipelines that transport natural gas, crude oil, refined petroleum products, and carbon dioxide. The company operates its assets across the United States, Canada, and Mexico, serving customers in various regions through its diversified infrastructure portfolio.
KMI currently ranks #16 of 24 Energy stocks by discount to fair value. It has screened as Overvalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $72.3B
- P/E (trailing)
- 21x
- Revenue (TTM)
- $18B
- Net margin
- 19.3%
- EPS (TTM)
- $1.53
- Gross margin
- 68.6%
- Debt / equity
- 1.02
- Revenue growth (3-yr avg)
- 4.8%
- Shares outstanding
- 2.23B
Derived indicators how computed
- Quality grade
- D
- Margin trend
- Expanding
- 52-week position
- The top quarter of its range
- DCF cross-check
- Overvalued
Technicals how computed
- RSI (14-day)
- 69 · neutral
- 50-day average
- $31.67
- 200-day average
- $31.75
- Moving-average state
- 50-day below 200-day (death cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $1.18 per share (4 payments)
- Yield on last price
- 3.63%
- Consecutive years of increases
- 8
- Last ex-dividend date
- 2026-08-03
- Last payment date
- 2026-08-17
Earnings how computed
- Last 8 quarters vs consensus
- 3 beat, 4 missed
- Quarter by quarter
- 2026-06 ▲ beat (+19.4%)
2026-03 ▲ beat (+23.1%)
2025-12 ▲ beat (+5.4%)
2025-09 ▼ miss (-3.3%)
2025-06 ▬ met (0.0%)
2025-03 ▼ miss (-5.6%)
2024-12 ▼ miss (-3.0%)
2024-09 ▼ miss (-3.8%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 12 buy · 13 hold · 0 sell (25 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $36.1
- Target vs last price
- +11.1%
What our data shows for KMI
- Our model validated 17 trailing price-to-earnings windows for KMI, built from quarterly earnings records.
- Shares are trading in the upper third of their 12-month price range of $25.84–$34.31.
- The 14-day relative strength index sits at a neutral 69.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for KMI
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent KMI news
TickrTrends' derived news-sentiment signal for KMI is currently leaning positive, computed from recent coverage.
- Kinder Morgan outlines $14.4B backlog as Southeast Connector targets 2.6 Bcf/d and Permian Link enters service in 2030 (NYSE:KMI) (seekingalpha.com, 2026-10-22)
TickrTrends take: Kinder Morgan's substantial project backlog and near-term service entries represent future revenue potential, yet TickrTrends currently assesses the company as overvalued within the Energy sector. Investors should monitor whether the company can execute these capital-intensive projects on schedule and within budget, as cost overruns or delays could pressure returns relative to the current valuation. The timing of these projects coming online will be critical for demonstrating whether the stock's current valuation is justified by the earnings growth these assets are expected to generate. - Kinder Morgan, Inc. (KMI) Q3 2026 Earnings Call Transcript (seekingalpha.com, 2026-10-22)
TickrTrends take: Kinder Morgan reported its third quarter 2026 results, providing updated financial data relevant to assessing the company's fundamental performance against its current market valuation. Given TickrTrends' overvalued assessment of KMI, investors focused on valuation metrics should examine whether the Q3 earnings justify the premium valuation currently reflected in the stock price, particularly regarding cash flow generation and capital allocation decisions in the energy infrastructure sector. The transcript details would be essential for determining if operational performance trends support or challenge the overvaluation verdict. - Is Kinder Morgan Inc (KMI) Overvalued After Q3 Earnings Beat? EPS at $0.34 and Revenue Hits $764 Million; GF Score: 76/100 (gurufocus.com, 2026-10-21)
TickrTrends take: Kinder Morgan reported third quarter earnings per share of 34 cents with quarterly revenue of 764 million dollars, results that exceeded expectations and earned a GF Score of 76 out of 100. TickrTrends currently rates KMI as overvalued within the Energy sector, suggesting that despite the positive earnings performance, the stock price may not adequately reflect underlying business fundamentals or growth prospects. For valuation-focused investors, the key question becomes whether near-term earnings momentum can justify the current market valuation or if the overvaluation assessment indicates limited margin of safety going forward.
More KMI news
- Jim Cramer Says Kinder Morgan (KMI) Stock Shouldn’t Have Fallen This Far (insidermonkey.com, 2026-10-07)
- Williams (WMB) vs Kinder Morgan (KMI): Which is a Better Stock to Buy? (insidermonkey.com, 2026-10-06)
- Kinder Morgan, Inc. (KMI) is Attracting Investor Attention: Here is What You Should Know (zacks.com, 2026-10-02)
What people are saying
Follow the KMI conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is KMI stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), KMI is trading at more than a 25% premium to estimated fair value and screens as overvalued. The exact fair value and discount are available to subscribers.
What is KMI's TickrTrends verdict?
KMI's current verdict is Overvalued, refreshed with every weekly Forward Fair Value run.
How does KMI compare to other Energy stocks?
KMI ranks #16 of 24 Energy stocks in TickrTrends' coverage by discount to fair value.
Is KMI overbought or oversold?
KMI's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does KMI pay a dividend?
Yes. KMI paid $1.18 per share over the last twelve months (4 payments), a 3.63% yield on TickrTrends' last price, and has raised the annual total for 8 consecutive years. The last ex-dividend date was 2026-08-03.
Does KMI usually beat earnings estimates?
Over its last 8 reported quarters KMI beat the consensus estimate 3 times and missed 4 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about KMI?
Of 25 analysts covering KMI, 12 rate it a buy, 13 a hold and 0 a sell - hold-leaning, with a consensus price target of $36.1 (+11.1% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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