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NASDAQ:REYN

Reynolds Consumer Products (REYN) Stock Forecast, Price & News

$28.06
+0.05 (+0.18%)
(As of 02:05 PM ET)
Compare
Today's Range
$27.90
$28.09
50-Day Range
$26.64
$29.06
52-Week Range
$24.54
$32.50
Volume
74,061 shs
Average Volume
334,739 shs
Market Capitalization
$5.89 billion
P/E Ratio
26.22
Dividend Yield
3.28%
Price Target
$30.29

Reynolds Consumer Products MarketRank™ Forecast

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
8.4% Upside
$30.29 Price Target
Short Interest
Healthy
4.75% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.35
Upright™ Environmental Score
News Sentiment
0.59mentions of Reynolds Consumer Products in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$134,900 Bought Last Quarter
Proj. Earnings Growth
8.96%
From $1.34 to $1.46 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.73 out of 5 stars

Consumer Discretionary Sector

224th out of 267 stocks

Bags: Plastic, Laminated, & Coated Industry

2nd out of 2 stocks


REYN stock logo

About Reynolds Consumer Products (NASDAQ:REYN) Stock

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 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 E-Z Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally. The Hefty Waste & Storage segment offers trash bags under the Hefty Ultra Strong and Hefty Strong brands; and food storage bags under the Hefty and Baggies brands. This segment also provides a suite of products, including blue and clear recycling bags, compostable bags, bags made from recycled materials, and the Hefty EnergyBag Program. The Hefty Tableware segment offers disposable and compostable plates, bowls, platters, cups, and cutlery under the Hefty brand. The Presto Products segment primarily sells store brand products in food storage bags, trash bags, reusable storage containers, and plastic wrap categories. Reynolds Consumer Products Inc. offers both branded and store brand products to grocery stores, mass merchants, warehouse clubs, discount chains, dollar stores, drug stores, home improvement stores, military outlets, and eCommerce retailers. The company was founded in 1947 and is headquartered in Lake Forest, Illinois. Reynolds Consumer Products Inc. operates as a subsidiary of Packaging Finance Limited.

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REYN Stock News Headlines

The Real Problem With "Made in America" Lithium
Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.
The Real Problem With "Made in America" Lithium
Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.
REYN - Reynolds Consumer Products Inc.
Analyst Ratings for Reynolds Consumer Prods
8-K: Reynolds Consumer Products Inc.
See More Headlines

REYN Price History

REYN Company Calendar

Last Earnings
2/08/2023
Ex-Dividend for 5/31 Dividend
5/16/2023
Dividend Payable
5/31/2023
Today
6/08/2023
Next Earnings (Estimated)
8/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Bags: plastic, laminated, & coated
Sub-Industry
N/A
Current Symbol
NASDAQ:REYN
Fax
N/A
Employees
6,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$30.29
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+8.1%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$258 million
Pretax Margin
7.66%

Debt

Sales & Book Value

Annual Sales
$3.82 billion
Cash Flow
$1.84 per share
Book Value
$8.90 per share

Miscellaneous

Free Float
209,778,000
Market Cap
$5.88 billion
Optionable
Optionable
Beta
0.47

Key Executives

  • Mr. Lance MitchellMr. Lance Mitchell (Age 63)
    CEO, Pres & Director
    Comp: $2.45M
  • Mr. Michael GrahamMr. Michael Graham (Age 61)
    Chief Financial Officer
    Comp: $1.15M
  • Mr. Stephen C. EstesMr. Stephen C. Estes (Age 49)
    Chief Admin. Officer
    Comp: $814.25k
  • Mr. Stephan M. Pace (Age 61)
    Pres of Sales Evolution Team
    Comp: $666.14k
  • Mr. Chris Mayrhofer (Age 47)
    Sr. VP, Corp. Controller & Principal Accounting Officer
  • Ms. Rita Fisher (Age 53)
    Chief Information Officer & Exec. VP of Supply Chain
  • Mr. Mark David Swartzberg
    VP of Investor Relations
  • Mr. David Watson (Age 64)
    Legal Counsel & Corp. Sec.
  • Ms. Valerie Miller Richards (Age 50)
    Exec. VP of HR
  • Ms. Rachel R. Bishop Ph.D. (Age 49)
    Pres of Hefty Tableware













REYN Stock - Frequently Asked Questions

Should I buy or sell Reynolds Consumer Products stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reynolds Consumer Products in the last year. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" REYN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in REYN, but not buy additional shares or sell existing shares.
View REYN analyst ratings
or view top-rated stocks.

What is Reynolds Consumer Products' stock price forecast for 2023?

7 analysts have issued 12 month price objectives for Reynolds Consumer Products' stock. Their REYN share price forecasts range from $28.00 to $35.00. On average, they predict the company's share price to reach $30.29 in the next twelve months. This suggests a possible upside of 8.1% from the stock's current price.
View analysts price targets for REYN
or view top-rated stocks among Wall Street analysts.

How have REYN shares performed in 2023?

Reynolds Consumer Products' stock was trading at $29.98 at the start of the year. Since then, REYN shares have decreased by 6.6% and is now trading at $28.01.
View the best growth stocks for 2023 here
.

When is Reynolds Consumer Products' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our REYN earnings forecast
.

How were Reynolds Consumer Products' earnings last quarter?

Reynolds Consumer Products Inc. (NASDAQ:REYN) posted its quarterly earnings data on Wednesday, February, 8th. The company reported $0.53 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.57 by $0.04. The business earned $1.07 billion during the quarter, compared to analysts' expectations of $1.11 billion. Reynolds Consumer Products had a trailing twelve-month return on equity of 12.77% and a net margin of 5.86%. Reynolds Consumer Products's revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.51 earnings per share.

How often does Reynolds Consumer Products pay dividends? What is the dividend yield for Reynolds Consumer Products?

Reynolds Consumer Products declared a quarterly dividend on Thursday, April 27th. Stockholders of record on Wednesday, May 17th will be paid a dividend of $0.23 per share on Wednesday, May 31st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date is Tuesday, May 16th.
Read our dividend analysis for REYN
.

Is Reynolds Consumer Products a good dividend stock?

Reynolds Consumer Products (NASDAQ:REYN) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.29%. The dividend payout ratio is 85.98%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, REYN will have a dividend payout ratio of 63.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for REYN.

What guidance has Reynolds Consumer Products issued on next quarter's earnings?

Reynolds Consumer Products issued an update on its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share (EPS) guidance of $0.27-$0.30 for the period, compared to the consensus estimate of $0.25. The company issued revenue guidance of $917.00 million-$935.34 million, compared to the consensus revenue estimate of $932.69 million.

What is Lance Mitchell's approval rating as Reynolds Consumer Products' CEO?

55 employees have rated Reynolds Consumer Products Chief Executive Officer Lance Mitchell on Glassdoor.com. Lance Mitchell has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Reynolds Consumer Products own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Reynolds Consumer Products investors own include NVIDIA (NVDA), Block (SQ), Gilead Sciences (GILD), Micron Technology (MU), Nokia Oyj (NOK), Skyworks Solutions (SWKS), Slack Technologies (WORK), Zoom Video Communications (ZM), AbbVie (ABBV) and Adobe (ADBE).

When did Reynolds Consumer Products IPO?

(REYN) raised $1.3 billion in an initial public offering on Friday, January 31st 2020. The company issued 47,200,000 shares at $25.00-$28.00 per share. Credit Suisse, Goldman Sachs and J.P. Morgan served as the underwriters for the IPO and Barclays, Citigroup, Evercore ISI, RBC Capital Markets, HSBC, Stifel, SunTrust Robinson Humphrey and Academy Securities were co-managers.

What is Reynolds Consumer Products' stock symbol?

Reynolds Consumer Products trades on the NASDAQ under the ticker symbol "REYN."

Who are Reynolds Consumer Products' major shareholders?

Reynolds Consumer Products' stock is owned by a variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (6.14%), FMR LLC (2.89%), First Trust Advisors LP (1.34%), BlackRock Inc. (1.22%), London Co. of Virginia (0.48%) and State Street Corp (0.46%). Insiders that own company stock include Chris Mayrhofer, Gregory Alan Cole, Michael E Graham, Richard A Noll, Stephen C Estes and V Lance Mitchell.
View institutional ownership trends
.

How do I buy shares of Reynolds Consumer Products?

Shares of REYN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Reynolds Consumer Products' stock price today?

One share of REYN stock can currently be purchased for approximately $28.01.

How much money does Reynolds Consumer Products make?

Reynolds Consumer Products (NASDAQ:REYN) has a market capitalization of $5.88 billion and generates $3.82 billion in revenue each year. The company earns $258 million in net income (profit) each year or $1.07 on an earnings per share basis.

How many employees does Reynolds Consumer Products have?

The company employs 6,000 workers across the globe.

How can I contact Reynolds Consumer Products?

Reynolds Consumer Products' mailing address is 1900 W. FIELD COURT, LAKE FOREST IL, 60045. The official website for the company is www.reynoldsconsumerproducts.com. The company can be reached via phone at 800-879-5067 or via email at katie.turner@icrinc.com.

This page (NASDAQ:REYN) was last updated on 6/8/2023 by MarketBeat.com Staff

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