Stock Update (NYSE:RAI): Reynolds American and its employees donated $10.8 million in cash to nonprofits in 2015

[PR Newswire] – WINSTON-SALEM, N.C., Feb. 15, 2016 /PRNewswire/ — Reynolds American Inc., its affiliates, related private charitable foundations and employees donated approximately $10.8 million to a wide range of nonprofit … Read more on this. Reynolds American Inc. (RAI) , with a current value of $68.31B, began trading this morning at $48.47. During the trading session, RAI traded between $47.38 to $48.73 with a one year range of $33.71 to $50.42. RAI shares are currently priced at 20.52x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 18.98x forward p/e ratio. The company pays shareholders $1.44 per share annually in dividends, yielding 3.01%. Consensus earnings for the current quarter by the 8 sell-side analysts covering the stock is an estimate of $0.50 per share, which would be $0.07 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $2.33 which would be a $0.35 improvement than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.91 Billion. If reported, that would be a 41.26% increase over the year-ago quarter. In terms of ratings, 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 the stock is $54.13, which is 11.68% above where the stock opened this morning. See more in (NYSE:RAI) Similar Articles: Market Update: Reynolds American Inc (NYSE:RAI) – Advisory: RAI CEO reports ‘a transformational 2015’ Company Update: Reynolds American Inc (NYSE:RAI) – Advisory: Reynolds American companies to consolidate manufacturing operations for VUSE Stock Update (NYSE:RAI): Advisory: Reynolds American Inc. announces executive changes at RAI and R.J. Reynolds Tobacco Company