
Restaurant Brands International Inc. (NYSE:QSR – Free Report) (TSE:QSR) – Equities research analysts at Scotiabank lowered their FY2027 earnings per share (EPS) estimates for shares of Restaurant Brands International in a report released on Wednesday, July 29th. Scotiabank analyst J. Zamparo now expects that the restaurant operator will post earnings of $4.47 per share for the year, down from their prior forecast of $4.48. Scotiabank currently has a “Sector Perform” rating and a $83.00 target price on the stock. The consensus estimate for Restaurant Brands International’s current full-year earnings is $4.04 per share.
A number of other research analysts have also recently weighed in on the stock. UBS Group boosted their target price on shares of Restaurant Brands International from $85.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Scotia raised their price target on shares of Restaurant Brands International from $81.00 to $83.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 7th. Guggenheim lifted their price target on shares of Restaurant Brands International from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Royal Bank Of Canada set a $85.00 price objective on Restaurant Brands International and gave the company an “outperform” rating in a research note on Tuesday. Finally, Robert W. Baird increased their price objective on Restaurant Brands International from $72.00 to $80.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Fifteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Restaurant Brands International has a consensus rating of “Moderate Buy” and a consensus price target of $83.86.
Restaurant Brands International Stock Performance
NYSE QSR opened at $74.42 on Friday. The company has a market capitalization of $25.99 billion, a PE ratio of 26.20, a price-to-earnings-growth ratio of 2.20 and a beta of 0.50. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.90 and a current ratio of 0.99. Restaurant Brands International has a 52-week low of $61.33 and a 52-week high of $81.96. The company has a 50-day simple moving average of $73.90 and a 200 day simple moving average of $73.47.
Restaurant Brands International (NYSE:QSR – Get Free Report) (TSE:QSR) last issued its quarterly earnings results on Wednesday, May 6th. The restaurant operator reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.03. The company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.24 billion. Restaurant Brands International had a net margin of 9.96% and a return on equity of 32.80%. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.75 EPS.
Restaurant Brands International Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 23rd were given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Tuesday, June 23rd. Restaurant Brands International’s dividend payout ratio (DPR) is currently 91.55%.
Hedge Funds Weigh In On Restaurant Brands International
Several large investors have recently modified their holdings of the business. PensionDanmark Pensionsforsikringsaktieselskab raised its position in shares of Restaurant Brands International by 10.7% in the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 61,062 shares of the restaurant operator’s stock valued at $4,427,000 after purchasing an additional 5,900 shares during the period. Assenagon Asset Management S.A. bought a new position in Restaurant Brands International in the 2nd quarter worth approximately $313,000. GAMMA Investing LLC boosted its holdings in Restaurant Brands International by 19.2% in the 2nd quarter. GAMMA Investing LLC now owns 2,793 shares of the restaurant operator’s stock worth $203,000 after buying an additional 449 shares during the period. CoreCap Advisors LLC boosted its holdings in Restaurant Brands International by 304.3% in the 2nd quarter. CoreCap Advisors LLC now owns 465 shares of the restaurant operator’s stock worth $34,000 after buying an additional 350 shares during the period. Finally, Versant Capital Management Inc grew its stake in Restaurant Brands International by 6.3% in the 2nd quarter. Versant Capital Management Inc now owns 3,478 shares of the restaurant operator’s stock valued at $252,000 after buying an additional 207 shares in the last quarter. Hedge funds and other institutional investors own 82.29% of the company’s stock.
About Restaurant Brands International
Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company formed through the combination of established brands. The company’s principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International’s business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.
RBI’s restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.
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