Company Update: Reynolds American Inc (NYSE:RAI) – Advisory: RAI announces establishment of executive stock trading plans

[PR Newswire] – WINSTON-SALEM, N.C., May 27, 2016 /PRNewswire/ — Reynolds American Inc. (NYSE: RAI) has announced the following: “RAI announces establishment of executive stock trading plans.” Go to RAI’s … Read more on this. Reynolds American Inc. (RAI) , currently valued at $71.55B, opened this morning at $50.42. Looking at today’s trading action, the company’s one day range from $49.96 to $50.57 and has traded between $35.39 and $52.54 over the past 12 months. RAI shares are currently priced at 21.15x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 21.81x earnings multiple. The company pays shareholders $1.68 per share annually in dividends, yielding 3.37%. In a review of the consensus earnings estimate this quarter, 9 sell-side analysts are looking at $0.61 per share, which would be $0.10 better than the year-ago quarter and a $0.01 sequential increase. Investors should also note that the full-year EPS estimate of $2.35 is a $0.37 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.26 Billion. If reported, that would be a 35.83% increase over the year-ago quarter. Recently, RBC Capital Mkts downgraded RAI from Top Pick to Outperform (Nov 3, 2015). Previously, Credit Agricole downgraded RAI from Outperform to Underperform. The average price target for RAI shares by the analysts covering it is $54.29, which is 7.68% above where the stock opened. See more in (NYSE:RAI) Similar Articles: Market Update: Reynolds American Inc (NYSE:RAI) – Advisory: RAI announces final results and expiration of its cash tender offer Market Update: Reynolds American Inc (NYSE:RAI) – Advisory: RAI completes sale of Natural American Spirit international businesses Stock Update (NYSE:RAI): Advisory: Reynolds American Inc. announces expiration of registered Exchange Offers