What is Scotiabank's Forecast for TSE:QSR FY2027 Earnings?

Key Points

• Scotiabank analyst J. Zamparo nudged Restaurant Brands' FY2027 EPS forecast up to $6.02 from $6.00, while the market consensus for the year remains higher at $7.32 per share.
• Shares trade around C$108.91 with a market cap of C$37.82B and a P/E of 46.34; Piper Sandler upgraded the stock to "overweight" but the average analyst target (C$84.00) is well below the current price.
• Restaurant Brands raised its quarterly dividend to C$0.65 (annualized C$2.60, yield ~2.4%), though the payout ratio sits at a high 105.53%, suggesting dividends currently exceed reported earnings.

Restaurant Brands International Inc. (TSE:QSR - Free Report) NYSE: QSR - Analysts at Scotiabank boosted their FY2027 earnings per share (EPS) estimates for Restaurant Brands International in a research note issued on Friday, May 1st. Scotiabank analyst J. Zamparo now forecasts that the company will post earnings of $6.02 per share for the year, up from their prior forecast of $6.00. The consensus estimate for Restaurant Brands International's current full-year earnings is $7.32 per share.

Restaurant Brands International (TSE:QSR - Get Free Report) NYSE: QSR last issued its earnings results on Thursday, February 12th. The company reported C$1.32 EPS for the quarter. The firm had revenue of C$3.38 billion during the quarter. Restaurant Brands International had a net margin of 8.23% and a return on equity of 23.08%.

Separately, Piper Sandler raised Restaurant Brands International from a "hold" rating to an "overweight" rating and set a C$84.00 price objective on the stock in a research note on Sunday, March 1st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of C$84.00.

Restaurant Brands International Trading Up 0.1%

Shares of TSE QSR opened at C$108.91 on Tuesday. Restaurant Brands International has a twelve month low of C$84.78 and a twelve month high of C$111.61. The stock has a market cap of C$37.82 billion, a price-to-earnings ratio of 46.34, a P/E/G ratio of 2.22 and a beta of 0.22. The company has a quick ratio of 0.80, a current ratio of 0.98 and a debt-to-equity ratio of 478.23. The company's fifty day moving average is C$102.83 and its 200-day moving average is C$98.05.

Insider Buying and Selling at Restaurant Brands International

In other news, insider Jeffrey Housman sold 20,000 shares of the company's stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of C$100.29, for a total value of C$2,005,800.00. Following the completion of the transaction, the insider owned 162,080 shares in the company, valued at C$16,255,003.20. This represents a 10.98% decrease in their ownership of the stock. 1.24% of the stock is owned by company insiders.

Restaurant Brands International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Thursday, April 2nd were paid a $0.65 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This is an increase from Restaurant Brands International's previous quarterly dividend of $0.62. This represents a $2.60 dividend on an annualized basis and a yield of 2.4%. Restaurant Brands International's payout ratio is presently 105.53%.

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. Formed in 2014 after 3G Capital's acquisition of Tim Horton's International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton's (5,300 units), and Popeyes Louisiana Kitchen (3,700 units).

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