Reynolds Consumer Products Inc. (REYN) To Go Ex-Dividend on May 15th

Reynolds Consumer Products Inc. (NASDAQ:REYN) declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Friday, May 15th will be paid a dividend of 0.23 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Friday, May 15th.

Reynolds Consumer Products has increased its dividend by an average of 0.1%annually over the last three years. Reynolds Consumer Products has a payout ratio of 55.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Reynolds Consumer Products to earn $1.69 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 54.4%.

Reynolds Consumer Products Stock Performance

Shares of Reynolds Consumer Products stock opened at $20.77 on Friday. The stock has a market cap of $4.38 billion, a price-to-earnings ratio of 14.42 and a beta of 0.57. Reynolds Consumer Products has a twelve month low of $20.44 and a twelve month high of $26.25. The company’s fifty day moving average is $21.93 and its 200 day moving average is $23.18. The company has a quick ratio of 0.92, a current ratio of 1.93 and a debt-to-equity ratio of 0.70.

Reynolds Consumer Products (NASDAQ:REYN) last announced its earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). Reynolds Consumer Products had a return on equity of 15.86% and a net margin of 8.09%.The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the prior year, the business earned $0.58 earnings per share. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q1 2026 guidance at 0.230-0.250 EPS. Sell-side analysts forecast that Reynolds Consumer Products will post 1.61 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on REYN. UBS Group cut their price objective on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. Barclays lowered their price target on shares of Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating for the company in a report on Tuesday, April 14th. Weiss Ratings restated a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Monday. Zacks Research raised shares of Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Finally, Canaccord Genuity Group decreased their price objective on shares of Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a research report on Monday, January 26th. Seven investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $23.60.

Reynolds Consumer Products Company Profile

Reynolds Consumer Products, Inc (NASDAQ: REYN) is a leading North American manufacturer and marketer of household consumer products. The company specializes in food storage and cooking solutions, including aluminum foil, plastic wrap, food storage containers and disposable tableware. Its core portfolio features well-known brands such as Reynolds Wrap aluminum foil, Hefty storage containers and trash bags, and Fastfold paper plates.

The company operates through a network of manufacturing and distribution facilities across North America, Latin America, Europe and the Asia Pacific region.