Restaurant Brands International Inc. (NYSE:QSR) Receives Consensus Rating of "Moderate Buy" from Brokerages

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR has been given an average rating of "Moderate Buy" by the twenty-two ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $75.91.

QSR has been the subject of several recent research reports. Loop Capital reaffirmed a "buy" rating on shares of Restaurant Brands International in a report on Tuesday, March 18th. Morgan Stanley lifted their price objective on shares of Restaurant Brands International from $72.00 to $73.00 and gave the company an "equal weight" rating in a report on Friday, May 9th. UBS Group lowered their target price on shares of Restaurant Brands International from $90.00 to $85.00 and set a "buy" rating on the stock in a research note on Monday, May 5th. Robert W. Baird dropped their target price on Restaurant Brands International from $72.00 to $65.00 and set a "neutral" rating on the stock in a research report on Monday, April 7th. Finally, Argus upgraded Restaurant Brands International from a "hold" rating to a "buy" rating in a research report on Wednesday, March 19th.

Insiders Place Their Bets

In related news, insider Jacqueline Friesner sold 70,000 shares of the firm's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $70.08, for a total transaction of $4,905,600.00. Following the completion of the sale, the insider now directly owns 182,897 shares of the company's stock, valued at approximately $12,817,421.76. This trade represents a 27.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sami A. Siddiqui sold 12,500 shares of the firm's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $68.12, for a total value of $851,500.00. Following the sale, the chief financial officer now directly owns 235,228 shares of the company's stock, valued at $16,023,731.36. The trade was a 5.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.36% of the company's stock.

Institutional Investors Weigh In On Restaurant Brands International

Institutional investors have recently modified their holdings of the company. Bleakley Financial Group LLC boosted its holdings in Restaurant Brands International by 5.4% during the 4th quarter. Bleakley Financial Group LLC now owns 3,137 shares of the restaurant operator's stock valued at $204,000 after acquiring an additional 161 shares during the period. GeoWealth Management LLC boosted its holdings in Restaurant Brands International by 7.0% during the 4th quarter. GeoWealth Management LLC now owns 2,487 shares of the restaurant operator's stock valued at $162,000 after acquiring an additional 163 shares during the period. Waterfront Wealth Inc. boosted its holdings in Restaurant Brands International by 1.3% during the 4th quarter. Waterfront Wealth Inc. now owns 14,034 shares of the restaurant operator's stock valued at $915,000 after acquiring an additional 180 shares during the period. Capital Analysts LLC boosted its holdings in Restaurant Brands International by 24.3% during the 4th quarter. Capital Analysts LLC now owns 952 shares of the restaurant operator's stock valued at $62,000 after acquiring an additional 186 shares during the period. Finally, Dunhill Financial LLC boosted its holdings in Restaurant Brands International by 100.0% during the 4th quarter. Dunhill Financial LLC now owns 400 shares of the restaurant operator's stock valued at $26,000 after acquiring an additional 200 shares during the period. 82.29% of the stock is owned by institutional investors and hedge funds.

Restaurant Brands International Stock Performance

NYSE QSR traded down $0.05 during trading hours on Wednesday, reaching $71.34. The stock had a trading volume of 1,818,713 shares, compared to its average volume of 1,892,281. The stock has a fifty day moving average of $66.54 and a 200 day moving average of $65.96. The stock has a market cap of $23.37 billion, a P/E ratio of 22.43, a price-to-earnings-growth ratio of 1.77 and a beta of 0.61. Restaurant Brands International has a 52-week low of $58.71 and a 52-week high of $75.07. The company has a debt-to-equity ratio of 2.75, a quick ratio of 0.94 and a current ratio of 1.02.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last issued its earnings results on Thursday, May 8th. The restaurant operator reported $0.75 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.03). The firm had revenue of $2.03 billion during the quarter, compared to analysts' expectations of $2.17 billion. Restaurant Brands International had a net margin of 12.15% and a return on equity of 28.53%. Restaurant Brands International's quarterly revenue was up 21.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.73 EPS. Sell-side analysts predict that Restaurant Brands International will post 3.72 earnings per share for the current year.

Restaurant Brands International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 8th. Investors of record on Tuesday, June 24th will be issued a $0.62 dividend. The ex-dividend date of this dividend is Tuesday, June 24th. This represents a $2.48 annualized dividend and a dividend yield of 3.48%. Restaurant Brands International's dividend payout ratio is presently 84.07%.

Restaurant Brands International Company Profile

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.