Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR Director Vicente Tome sold 1,990 shares of the firm's stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of C$74.78, for a total value of C$148,812.20.
Restaurant Brands International Price Performance
Shares of TSE QSR traded down C$1.19 during mid-day trading on Wednesday, hitting C$100.82. 745,754 shares of the company's stock traded hands, compared to its average volume of 615,519. The company has a market capitalization of C$31.90 billion, a P/E ratio of 18.99, a PEG ratio of 2.22 and a beta of 0.93. Restaurant Brands International Inc. has a 1 year low of C$84.73 and a 1 year high of C$112.12. The company has a debt-to-equity ratio of 299.34, a current ratio of 1.08 and a quick ratio of 0.80. The company's 50-day moving average is C$104.15 and its two-hundred day moving average is C$101.46.
Restaurant Brands International (TSE:QSR - Get Free Report) NYSE: QSR last posted its quarterly earnings data on Tuesday, February 13th. The company reported C$1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.99 by C$0.03. The business had revenue of C$2.48 billion during the quarter, compared to analyst estimates of C$2.44 billion. Restaurant Brands International had a return on equity of 38.68% and a net margin of 17.17%. On average, equities analysts anticipate that Restaurant Brands International Inc. will post 6.4635514 EPS for the current fiscal year.
Restaurant Brands International Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 5th. Shareholders of record on Friday, June 21st will be given a dividend of $0.784 per share. This is a boost from Restaurant Brands International's previous quarterly dividend of $0.78. The ex-dividend date is Friday, June 21st. This represents a $3.14 dividend on an annualized basis and a yield of 3.11%. Restaurant Brands International's payout ratio is 59.70%.
Analyst Upgrades and Downgrades
Separately, Royal Bank of Canada raised their target price on shares of Restaurant Brands International from C$81.00 to C$90.00 and gave the company an "outperform" rating in a report on Wednesday, February 14th.
Read Our Latest Stock Analysis on QSR
About Restaurant Brands International
(
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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.
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