An In-Depth Look at Kinder Morgan's Stock Valuation and Growth Potential
Tuesday, 26 March 2024, 08:20
Kinder Morgan Stock Analysis
Despite a recent downgrade by Truist Securities, Kinder Morgan stock still offers an 11% upside potential, explained by analyst Neal Dingmann. The stock has a dirt-cheap valuation, selling for less than 8 times DCF, with a free cash flow yield of over 12%.
Profitable Dividend Opportunities
Kinder Morgan's high dividend yield of 6.3% remains attractive for investors, supported by a payout level of 50% of its DCF. The company is expected to raise its dividend by 2% this year, marking its seventh straight year of growth.
- The stock's valuation and dividend yield make it a compelling investment opportunity.
- Considered a dirt-cheap pipeline stock, Kinder Morgan presents value for investors seeking long-term returns.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.