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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Options Trading Plan–Perfect For Beginners (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
Options Trading Plan–Perfect For Beginners (Ad)
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
The single greatest medical breakthrough of all time? (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Leading Egyptian opposition politician targeted with spyware, researchers find
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Options Trading Plan–Perfect For Beginners (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
Options Trading Plan–Perfect For Beginners (Ad)
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
The single greatest medical breakthrough of all time? (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Leading Egyptian opposition politician targeted with spyware, researchers find
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Options Trading Plan–Perfect For Beginners (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
Options Trading Plan–Perfect For Beginners (Ad)
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
The single greatest medical breakthrough of all time? (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Leading Egyptian opposition politician targeted with spyware, researchers find
NASDAQ:REYN

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

$26.07
+0.07 (+0.27%)
(As of 09/22/2023 ET)
Compare
Today's Range
$26.00
$26.36
50-Day Range
$25.59
$28.87
52-Week Range
$25.53
$32.50
Volume
243,324 shs
Average Volume
224,658 shs
Market Capitalization
$5.47 billion
P/E Ratio
22.87
Dividend Yield
3.53%
Price Target
$29.67

Reynolds Consumer Products MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
13.8% Upside
$29.67 Price Target
Short Interest
Bearish
2.51% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.35
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
11.68%
From $1.37 to $1.53 Per Share

Overall MarketRank

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

1.82 out of 5 stars

Consumer Discretionary Sector

233rd out of 273 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 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 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. It 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.

REYN Price History

REYN Stock News Headlines

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On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...
How A.I. Could Make Most 21st Century Diseases EXTINCT
On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...
Reynolds Consumer Products (REYN) Receives a Sell from Goldman Sachs
See More Headlines
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REYN Company Calendar

Last Earnings
8/09/2023
Ex-Dividend for 8/31 Dividend
8/16/2023
Dividend Payable
8/31/2023
Today
9/23/2023
Next Earnings (Estimated)
11/14/2023
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
$29.67
High Stock Price Forecast
$32.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+13.8%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$258 million
Pretax Margin
8.11%

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
$5.47 billion
Optionable
Optionable
Beta
0.46
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Key Executives

  • Mr. Lance MitchellMr. Lance Mitchell (Age 63)
    CEO, Pres & Director
    Comp: $2.93M
  • Mr. Michael GrahamMr. Michael Graham (Age 60)
    Chief Financial Officer
    Comp: $1.24M
  • Ms. Rachel R. Bishop Ph.D. (Age 49)
    Pres of Hefty Tableware
    Comp: $796.13k
  • Ms. Judith Buckner (Age 54)
    Pres of Reynolds Cooking & Baking
    Comp: $735.93k
  • Ms. Lisa M. Smith (Age 53)
    Pres of Hefty Waste & Storage
    Comp: $717.6k
  • 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. Stephen C. EstesMr. Stephen C. Estes (Age 49)
    Chief Admin. Officer
  • Mr. Mark David Swartzberg (Age 56)
    VP of Investor Relations
  • Mr. David Watson (Age 64)
    Legal Counsel & Corp. Sec.













REYN Stock - Frequently Asked Questions

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

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Reynolds Consumer Products in the last twelve months. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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?

6 brokers have issued 1 year price targets for Reynolds Consumer Products' shares. Their REYN share price forecasts range from $28.00 to $32.00. On average, they anticipate the company's share price to reach $29.67 in the next twelve months. This suggests a possible upside of 13.8% 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 beginning of 2023. Since then, REYN stock has decreased by 13.0% and is now trading at $26.07.
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, November 14th 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, August, 9th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.28 by $0.04. The company earned $940 million during the quarter, compared to analysts' expectations of $937.42 million. Reynolds Consumer Products had a net margin of 6.18% and a trailing twelve-month return on equity of 13.28%. The firm's revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.26 EPS.

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, July 27th. Investors of record on Thursday, August 17th will be paid a dividend of $0.23 per share on Thursday, August 31st. This represents a $0.92 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date of this dividend is Wednesday, August 16th.
Read our dividend analysis for REYN
.

What ETFs hold Reynolds Consumer Products' stock?

ETFs with the largest weight of Reynolds Consumer Products (NASDAQ:REYN) stock in their portfolio include Schwab Ariel ESG ETF (SAEF).First Trust Value Line Dividend Index Fund (FVD).

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 3.54%. The dividend payout ratio is 80.70%. 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 60.13% 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 third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of $0.34-$0.38 for the period, compared to the consensus estimate of $0.37. The company issued revenue guidance of $918.65 million-$937.99 million, compared to the consensus revenue estimate of $968.47 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 IPO on Friday, January 31st 2020. The company issued 47,200,000 shares at a price of $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 number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (6.18%), BlackRock Inc. (1.22%), London Co. of Virginia (0.49%), Geode Capital Management LLC (0.45%), State Street Corp (0.44%) and Dimensional Fund Advisors LP (0.40%). Insiders that own company stock include Chris Mayrhofer, Gregory Alan Cole, Michael E Graham, 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 $26.07.

How much money does Reynolds Consumer Products make?

Reynolds Consumer Products (NASDAQ:REYN) has a market capitalization of $5.47 billion and generates $3.82 billion in revenue each year. The company earns $258 million in net income (profit) each year or $1.14 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 9/24/2023 by MarketBeat.com Staff

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