Reynolds Consumer Products Inc. (NASDAQ:REYN) Stock Has Consensus Price Target of $25.20 According to Brokerages

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) have received an average rating of “Hold” from the eight brokerages that are covering the company, Marketbeat reports. Seven analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $25.20.

A number of research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Friday, September 25th. Barclays lowered their price target on shares of Reynolds Consumer Products from $26.00 to $23.00 and set an “equal weight” rating on the stock in a research note on Thursday. Canaccord Genuity Group boosted their price target on shares of Reynolds Consumer Products from $24.00 to $25.00 and gave the stock a “hold” rating in a research report on Thursday, July 30th. Piper Sandler upgraded shares of Reynolds Consumer Products to an “overweight” rating in a research note on Thursday, July 30th. Finally, JPMorgan Chase & Co. raised their price objective on Reynolds Consumer Products from $23.00 to $27.00 and gave the company a “neutral” rating in a report on Thursday, July 16th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of REYN. Burns Matteson Capital Management LLC bought a new position in shares of Reynolds Consumer Products during the 3rd quarter worth approximately $456,000. NorthCrest Asset Manangement LLC increased its holdings in shares of Reynolds Consumer Products by 88.6% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 18,062 shares of the company’s stock worth $397,000 after acquiring an additional 8,487 shares during the last quarter. Wedmont Private Capital acquired a new position in shares of Reynolds Consumer Products during the 3rd quarter worth approximately $317,000. Farther Finance Advisors LLC raised its stake in Reynolds Consumer Products by 378.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,132 shares of the company’s stock valued at $46,000 after acquiring an additional 1,686 shares during the period. Finally, Elevation Wealth Partners LLC raised its stake in Reynolds Consumer Products by 293.9% in the 3rd quarter. Elevation Wealth Partners LLC now owns 3,112 shares of the company’s stock valued at $67,000 after acquiring an additional 2,322 shares during the period. 26.81% of the stock is currently owned by institutional investors and hedge funds.

Reynolds Consumer Products Stock Performance

NASDAQ:REYN opened at $22.82 on Friday. The company has a market cap of $4.81 billion, a P/E ratio of 13.91 and a beta of 0.55. Reynolds Consumer Products has a twelve month low of $20.44 and a twelve month high of $27.32. The business has a 50 day moving average price of $23.12 and a two-hundred day moving average price of $23.34. The company has a quick ratio of 0.71, a current ratio of 1.80 and a debt-to-equity ratio of 0.66.

Reynolds Consumer Products (NASDAQ:REYN) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. The company had revenue of $944.00 million for the quarter, compared to the consensus estimate of $935.46 million. Reynolds Consumer Products had a net margin of 9.11% and a return on equity of 16.03%. The firm’s revenue was up .6% compared to the same quarter last year. During the same period last year, the company earned $0.39 earnings per share. Reynolds Consumer Products has set its Q3 2026 guidance at 0.370-0.390 EPS and its FY 2026 guidance at 1.570-1.630 EPS. As a group, analysts expect that Reynolds Consumer Products will post 1.59 EPS for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.92 annualized dividend and a dividend yield of 4.0%. Reynolds Consumer Products’s payout ratio is 56.10%.

About Reynolds Consumer Products

Reynolds Consumer Products Inc develops, manufactures and markets household products used for food preparation, storage, cleanup and serving. Its portfolio includes aluminum foil, parchment paper, baking products, plastic wrap, food storage bags, trash bags, disposable tableware and other everyday consumer products.

The company’s principal brands include Reynolds, Hefty, Presto, Freshlock and Diamond. Reynolds products are associated with food preparation, baking and storage, while Hefty offers trash bags, disposable tableware and food-storage products.