Restaurant Brands International Inc. (TSE:QSR) Director Michele Keusch Sells 820 Shares of Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Michele Keusch sold 820 shares of the firm’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of C$89.16, for a total value of C$73,111.61.

Restaurant Brands International Price Performance

Shares of TSE:QSR opened at C$91.97 on Wednesday. The company has a market cap of C$20.88 billion, a P/E ratio of 18.45, a P/E/G ratio of 2.22 and a beta of 0.95. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 494.65. Restaurant Brands International Inc. has a 52 week low of C$86.06 and a 52 week high of C$112.12. The business has a fifty day simple moving average of C$91.15 and a 200-day simple moving average of C$94.60.

Restaurant Brands International Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, January 3rd were given a $0.785 dividend. This represents a $3.14 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date was Friday, December 20th. Restaurant Brands International’s dividend payout ratio is currently 62.98%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. TD Cowen downgraded Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 14th. Argus downgraded Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 13th. Finally, Guggenheim raised Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th.

About Restaurant Brands International

Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton’s supply chain operations.