Restaurant Brands International Inc. (NYSE:QSR) Receives $75.68 Consensus Target Price from Analysts

Shares of Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR have earned a consensus rating of "Hold" from the twenty-two ratings firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and eleven have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $75.68.

QSR has been the topic of a number of research analyst reports. Citigroup reduced their target price on Restaurant Brands International from $67.00 to $66.00 and set a "neutral" rating on the stock in a report on Wednesday, April 16th. Robert W. Baird reduced their price objective on Restaurant Brands International from $72.00 to $65.00 and set a "neutral" rating on the stock in a research note on Monday, April 7th. UBS Group decreased their price objective on shares of Restaurant Brands International from $90.00 to $85.00 and set a "buy" rating for the company in a report on Monday, May 5th. Guggenheim boosted their target price on shares of Restaurant Brands International from $71.00 to $77.00 and gave the company a "buy" rating in a research note on Friday, April 4th. Finally, Loop Capital restated a "buy" rating on shares of Restaurant Brands International in a research report on Thursday.

Insider Activity

In other news, insider Jacqueline Friesner sold 70,000 shares of the business's stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $70.08, for a total transaction of $4,905,600.00. Following the transaction, the insider now directly owns 182,897 shares in the company, valued at $12,817,421.76. The trade was a 27.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.36% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Capital World Investors raised its position in Restaurant Brands International by 2.0% during the fourth quarter. Capital World Investors now owns 43,418,188 shares of the restaurant operator's stock valued at $2,829,974,000 after acquiring an additional 841,167 shares in the last quarter. Royal Bank of Canada raised its holdings in Restaurant Brands International by 16.7% during the first quarter. Royal Bank of Canada now owns 22,626,635 shares of the restaurant operator's stock valued at $1,507,839,000 after buying an additional 3,230,735 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Restaurant Brands International by 7.6% in the first quarter. Vanguard Group Inc. now owns 14,169,061 shares of the restaurant operator's stock worth $944,538,000 after buying an additional 1,003,563 shares during the last quarter. EdgePoint Investment Group Inc. boosted its stake in shares of Restaurant Brands International by 7.0% during the 1st quarter. EdgePoint Investment Group Inc. now owns 13,715,604 shares of the restaurant operator's stock worth $914,463,000 after acquiring an additional 896,034 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Restaurant Brands International by 0.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,108,527 shares of the restaurant operator's stock valued at $540,352,000 after acquiring an additional 47,192 shares during the last quarter. 82.29% of the stock is owned by institutional investors and hedge funds.

Restaurant Brands International Stock Up 0.3%

QSR traded up $0.21 during trading hours on Friday, reaching $65.56. 72,431 shares of the stock traded hands, compared to its average volume of 2,551,330. Restaurant Brands International has a fifty-two week low of $58.71 and a fifty-two week high of $75.07. The company has a market cap of $21.49 billion, a price-to-earnings ratio of 22.22, a PEG ratio of 1.94 and a beta of 0.61. The company has a debt-to-equity ratio of 2.84, a current ratio of 0.96 and a quick ratio of 0.90. The firm's fifty day simple moving average is $67.74 and its two-hundred day simple moving average is $65.59.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last announced its quarterly earnings data on Thursday, May 8th. The restaurant operator reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.03). Restaurant Brands International had a return on equity of 28.94% and a net margin of 10.82%. The company had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same period in the prior year, the business earned $0.73 earnings per share. Restaurant Brands International's revenue was up 21.3% on a year-over-year basis. As a group, analysts forecast that Restaurant Brands International will post 3.72 earnings per share for the current fiscal year.

Restaurant Brands International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 8th. Shareholders of record on Tuesday, June 24th will be given a dividend of $0.62 per share. The ex-dividend date is Tuesday, June 24th. This represents a $2.48 dividend on an annualized basis and a yield of 3.78%. Restaurant Brands International's payout ratio is presently 84.07%.

About Restaurant Brands International

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.