Reynolds Consumer Products (REYN) Expected to Announce Quarterly Earnings on Wednesday

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) is expected to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, April 30th. Analysts expect Reynolds Consumer Products to post earnings of $0.23 per share and revenue of $821.99 million for the quarter. Reynolds Consumer Products has set its FY 2025 guidance at 1.610-1.680 EPS and its Q1 2025 guidance at 0.220-0.240 EPS.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.58 earnings per share for the quarter, hitting the consensus estimate of $0.58. Reynolds Consumer Products had a return on equity of 17.14% and a net margin of 9.56%. 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 Trading Up 0.2 %

Shares of Reynolds Consumer Products stock traded up $0.04 on Monday, reaching $23.26. The company had a trading volume of 146,839 shares, compared to its average volume of 606,749. The firm has a market cap of $4.89 billion, a price-to-earnings ratio of 13.85 and a beta of 0.64. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.04 and a quick ratio of 0.99. The firm's 50-day moving average price is $23.78 and its two-hundred day moving average price is $26.17. Reynolds Consumer Products has a 1 year low of $21.90 and a 1 year high of $32.65.

Reynolds Consumer Products Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 3.95%. The ex-dividend date of this dividend is Friday, May 16th. Reynolds Consumer Products's payout ratio is 54.76%.

Insider Activity

In other Reynolds Consumer Products news, Director Rolf Stangl bought 6,000 shares of the company's stock in a transaction on Monday, February 10th. The shares were bought at an average cost of $24.89 per share, for a total transaction of $149,340.00. Following the acquisition, the director now directly owns 16,889 shares in the company, valued at approximately $420,367.21. The trade was a 55.10 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.15% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Evercore ISI dropped their price target on shares of Reynolds Consumer Products from $33.00 to $30.00 and set an "outperform" rating for the company in a research note on Thursday, February 6th. UBS Group cut their target price on Reynolds Consumer Products from $29.00 to $26.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Canaccord Genuity Group reduced their price target on Reynolds Consumer Products from $30.00 to $27.00 and set a "hold" rating on the stock in a report on Wednesday, April 23rd. JPMorgan Chase & Co. dropped their price objective on Reynolds Consumer Products from $26.00 to $24.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Finally, Barclays reduced their target price on Reynolds Consumer Products from $27.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 6th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, Reynolds Consumer Products has an average rating of "Hold" and a consensus price target of $28.56.

About Reynolds Consumer Products

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.