Reynolds Consumer Products (REYN) to Release Quarterly Earnings on Wednesday

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 30th. Analysts expect Reynolds Consumer Products to post earnings of $0.37 per share and revenue of $899.05 million for the quarter. Reynolds Consumer Products has set its Q2 2025 guidance at 0.350-0.390 EPS and its FY 2025 guidance at 1.540-1.610 EPS.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.23 EPS for the quarter, meeting analysts' consensus estimates of $0.23. Reynolds Consumer Products had a net margin of 9.11% and a return on equity of 16.87%. The firm had revenue of $801.00 million for the quarter, compared to the consensus estimate of $821.99 million. During the same period in the previous year, the firm posted $0.23 earnings per share. The firm's revenue was down 1.8% on a year-over-year basis. On average, analysts expect Reynolds Consumer Products to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Reynolds Consumer Products Stock Down 0.0%

REYN traded down $0.01 on Friday, reaching $22.16. 991,759 shares of the company traded hands, compared to its average volume of 1,509,314. The stock's 50 day moving average price is $21.80 and its 200-day moving average price is $23.56. Reynolds Consumer Products has a 52-week low of $20.91 and a 52-week high of $32.65. The company has a market cap of $4.66 billion, a price-to-earnings ratio of 13.85 and a beta of 0.57. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.80 and a quick ratio of 0.72.

Reynolds Consumer Products Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date of this dividend is Friday, August 15th. Reynolds Consumer Products's dividend payout ratio (DPR) is presently 57.50%.

Insider Activity at Reynolds Consumer Products

In other Reynolds Consumer Products news, CAO Chris Mayrhofer purchased 18,218 shares of the firm's stock in a transaction dated Thursday, May 29th. The stock was bought at an average cost of $22.14 per share, with a total value of $403,346.52. Following the purchase, the chief accounting officer directly owned 18,218 shares of the company's stock, valued at $403,346.52. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Rolf Stangl purchased 4,500 shares of the firm's stock in a transaction dated Friday, June 20th. The shares were acquired at an average cost of $21.24 per share, with a total value of $95,580.00. Following the completion of the purchase, the director directly owned 30,889 shares in the company, valued at approximately $656,082.36. This represents a 17.05% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 34,766 shares of company stock valued at $765,632 over the last ninety days. Company insiders own 0.15% of the company's stock.

Institutional Investors Weigh In On Reynolds Consumer Products

Several large investors have recently made changes to their positions in REYN. Royal Bank of Canada boosted its holdings in shares of Reynolds Consumer Products by 1.9% in the 1st quarter. Royal Bank of Canada now owns 94,024 shares of the company's stock valued at $2,244,000 after buying an additional 1,720 shares during the last quarter. Millennium Management LLC lifted its holdings in Reynolds Consumer Products by 11.3% during the 1st quarter. Millennium Management LLC now owns 592,459 shares of the company's stock valued at $14,136,000 after purchasing an additional 60,198 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Reynolds Consumer Products by 60.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 222,853 shares of the company's stock valued at $5,317,000 after purchasing an additional 83,633 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in Reynolds Consumer Products by 488.4% during the 1st quarter. Jane Street Group LLC now owns 125,724 shares of the company's stock valued at $3,000,000 after purchasing an additional 104,357 shares during the last quarter. Institutional investors and hedge funds own 26.81% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Truist Financial reduced their price objective on shares of Reynolds Consumer Products from $35.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Canaccord Genuity Group lowered their price target on shares of Reynolds Consumer Products from $27.00 to $26.00 and set a "hold" rating on the stock in a report on Thursday, May 1st. Wall Street Zen raised shares of Reynolds Consumer Products from a "sell" rating to a "hold" rating in a report on Friday, May 30th. Barclays lowered their target price on shares of Reynolds Consumer Products from $22.00 to $21.00 and set an "equal weight" rating on the stock in a report on Tuesday, July 15th. Finally, Royal Bank Of Canada reiterated a "sector perform" rating and set a $30.00 target price on shares of Reynolds Consumer Products in a research report on Monday, April 28th. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $27.67.

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.