Kinder morgan stock forecast analyst sentiment for Kinder Morgan

Analyst sentiment for Kinder Morgan stock forecast remains positive, citing strong balance sheet metrics and investment-grade credit ratings, which provide flexibility for capital projects over the next 18 months. Kinder Morgan projects it will generate $2.26 per share of distributable cash flow (DCF) this year, a jump of 8% year over year. Its DCF forecast rose thanks to its recent acquisition of STX Midstream. At its current price, Kinder Morgan sells for less than 8 times DCF, a proxy for free cash flow. Put another way, it has a free cash flow yield of more than 12%. That's significantly higher than the broader market indexes (the S&P 500 trades at about a 4% free cash flow yield while the Nasdaq-100's is around 3%), implying it's extremely cheap. Kinder Morgan is expected to post earnings of $0.27 per share for the current quarter, representing a year-over-year change of +8%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged. With potential expansion in Permian Basin infrastructure, Kinder Morgan stock forecast anticipates incremental volumes feeding into profitability metrics through