Reynolds Consumer Products (NASDAQ:REYN) Issues Earnings Results, Beats Estimates By $0.01 EPS

Key Points

• Reynolds Consumer Products reported earnings of $0.39 per share for the quarter, exceeding expectations of $0.38, with revenues of $938 million, up 0.9% year-over-year.
• The company announced a quarterly dividend of $0.23 per share, equating to an annual yield of 4.1% and a payout ratio of 61.74%.
• Analysts have mixed ratings on REYN's stock, with an average rating of "Hold" and a consensus price target of $27.89, reflecting varying perspectives on the company's growth potential.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.01, Zacks reports. Reynolds Consumer Products had a net margin of 8.44% and a return on equity of 16.00%. The company had revenue of $938.00 million during the quarter, compared to analyst estimates of $899.05 million. During the same quarter last year, the business posted $0.46 EPS. Reynolds Consumer Products's quarterly revenue was up .9% compared to the same quarter last year. Reynolds Consumer Products updated its Q3 2025 guidance to 0.370-0.410 EPS and its FY 2025 guidance to 1.540-1.610 EPS.

Reynolds Consumer Products Stock Up 0.8%

Shares of REYN traded up $0.17 on Tuesday, reaching $22.13. The stock had a trading volume of 746,276 shares, compared to its average volume of 963,596. The firm has a market capitalization of $4.65 billion, a price-to-earnings ratio of 14.85 and a beta of 0.58. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.75 and a current ratio of 1.85. The company has a 50-day simple moving average of $21.76 and a 200-day simple moving average of $23.33. Reynolds Consumer Products has a 12-month low of $20.91 and a 12-month high of $32.65.

Reynolds Consumer Products Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.2%. Reynolds Consumer Products's payout ratio is presently 61.74%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on REYN. Barclays raised their price objective on shares of Reynolds Consumer Products from $21.00 to $22.00 and gave the stock an "equal weight" rating in a report on Friday. Wall Street Zen upgraded shares of Reynolds Consumer Products from a "sell" rating to a "hold" rating in a research note on Friday, May 30th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $30.00 target price on shares of Reynolds Consumer Products in a research note on Monday, April 28th. JPMorgan Chase & Co. lowered their price objective on shares of Reynolds Consumer Products from $26.00 to $24.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Finally, Canaccord Genuity Group lowered their price objective on shares of Reynolds Consumer Products from $27.00 to $26.00 and set a "hold" rating on the stock in a research report on Thursday, May 1st. Seven investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $28.00.

Insider Buying and Selling

In other Reynolds Consumer Products news, CAO Chris Mayrhofer acquired 18,218 shares of the company's stock in a transaction that occurred on Thursday, May 29th. The shares were acquired at an average price of $22.14 per share, with a total value of $403,346.52. Following the completion of the purchase, the chief accounting officer directly owned 18,218 shares of the company's stock, valued at approximately $403,346.52. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Rolf Stangl acquired 4,500 shares of the company's stock in a transaction that occurred on Friday, June 20th. The shares were acquired at an average cost of $21.24 per share, for a total transaction of $95,580.00. Following the purchase, the director directly owned 30,889 shares of the company's stock, valued at $656,082.36. This represents a 17.05% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 32,266 shares of company stock valued at $707,582. 0.15% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Reynolds Consumer Products

Hedge funds have recently bought and sold shares of the business. Royal Bank of Canada raised its holdings in Reynolds Consumer Products by 1.9% in the first quarter. Royal Bank of Canada now owns 94,024 shares of the company's stock worth $2,244,000 after buying an additional 1,720 shares during the last quarter. Jane Street Group LLC raised its holdings in Reynolds Consumer Products by 488.4% in the first quarter. Jane Street Group LLC now owns 125,724 shares of the company's stock worth $3,000,000 after buying an additional 104,357 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Reynolds Consumer Products by 60.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 222,853 shares of the company's stock worth $5,317,000 after buying an additional 83,633 shares during the last quarter. Finally, Millennium Management LLC raised its holdings in Reynolds Consumer Products by 11.3% in the first quarter. Millennium Management LLC now owns 592,459 shares of the company's stock worth $14,136,000 after buying an additional 60,198 shares during the last quarter. Institutional investors own 26.81% of the company's stock.

Reynolds Consumer Products Company Profile

Reynolds Consumer Products Inc produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and EZ Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally.