Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.570-1.630 for the period, compared to the consensus earnings per share estimate of 1.590. The company issued revenue guidance of $3.6 billion-$3.8 billion, compared to the consensus revenue estimate of $3.7 billion. Reynolds Consumer Products also updated its Q2 2026 guidance to 0.390-0.43 EPS.
Reynolds Consumer Products Stock Performance
Shares of NASDAQ:REYN opened at $21.29 on Wednesday. Reynolds Consumer Products has a fifty-two week low of $20.44 and a fifty-two week high of $26.25. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.93 and a quick ratio of 0.92. The company has a market capitalization of $4.49 billion, a price-to-earnings ratio of 14.78 and a beta of 0.57. The firm's 50 day simple moving average is $21.87 and its 200 day simple moving average is $23.16.
Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.28 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.03. The company had revenue of $877.00 million for the quarter, compared to analysts' expectations of $822.42 million. Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. The business's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the firm posted $0.23 earnings per share. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q2 2026 guidance at 0.390-0.43 EPS. As a group, sell-side analysts forecast that Reynolds Consumer Products will post 1.61 earnings per share for the current year.
Reynolds Consumer Products Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Friday, May 15th. Reynolds Consumer Products's dividend payout ratio (DPR) is presently 63.89%.
Analysts Set New Price Targets
Several equities research analysts recently commented on REYN shares. Zacks Research raised shares of Reynolds Consumer Products from a "strong sell" rating to a "hold" rating in a research report on Monday, April 6th. Weiss Ratings reissued a "hold (c)" rating on shares of Reynolds Consumer Products in a research note on Monday, April 27th. JPMorgan Chase & Co. cut their price target on Reynolds Consumer Products from $26.00 to $23.00 and set a "neutral" rating on the stock in a report on Friday, April 17th. Canaccord Genuity Group reduced their price objective on Reynolds Consumer Products from $27.00 to $24.00 and set a "hold" rating for the company in a research report on Monday, January 26th. Finally, UBS Group decreased their price objective on Reynolds Consumer Products from $26.00 to $23.00 and set a "neutral" rating for the company in a report on Tuesday, April 7th. Seven investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Reynolds Consumer Products presently has a consensus rating of "Hold" and a consensus price target of $23.60.
Get Our Latest Analysis on Reynolds Consumer Products
Insider Buying and Selling
In other Reynolds Consumer Products news, Director Rolf Stangl bought 4,705 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The stock was acquired at an average price of $21.06 per share, with a total value of $99,087.30. Following the completion of the transaction, the director owned 39,537 shares in the company, valued at approximately $832,649.22. This trade represents a 13.51% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.37% of the company's stock.
Hedge Funds Weigh In On Reynolds Consumer Products
A number of large investors have recently modified their holdings of the business. Royal Bank of Canada increased its position in shares of Reynolds Consumer Products by 74.6% in the fourth quarter. Royal Bank of Canada now owns 2,163 shares of the company's stock valued at $50,000 after acquiring an additional 924 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Reynolds Consumer Products by 32.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,873 shares of the company's stock valued at $66,000 after purchasing an additional 704 shares during the last quarter. Kestra Advisory Services LLC bought a new position in Reynolds Consumer Products in the fourth quarter valued at approximately $76,000. Tower Research Capital LLC TRC grew its stake in Reynolds Consumer Products by 764.6% in the second quarter. Tower Research Capital LLC TRC now owns 3,666 shares of the company's stock valued at $79,000 after purchasing an additional 3,242 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Reynolds Consumer Products by 34.4% during the 4th quarter. Wells Fargo & Company MN now owns 3,466 shares of the company's stock worth $79,000 after purchasing an additional 887 shares during the last quarter. 26.81% of the stock is currently owned by institutional investors and hedge funds.
Reynolds Consumer Products Company Profile
(
Get Free Report)
Reynolds Consumer Products, Inc NASDAQ: REYN is a leading North American manufacturer and marketer of household consumer products. The company specializes in food storage and cooking solutions, including aluminum foil, plastic wrap, food storage containers and disposable tableware. Its core portfolio features well-known brands such as Reynolds Wrap aluminum foil, Hefty storage containers and trash bags, and Fastfold paper plates.
The company operates through a network of manufacturing and distribution facilities across North America, Latin America, Europe and the Asia Pacific region.
Further Reading
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