Zacks Research Brokers Reduce Earnings Estimates for QSR

Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR - Stock analysts at Zacks Research reduced their Q1 2026 EPS estimates for Restaurant Brands International in a research note issued to investors on Thursday, May 22nd. Zacks Research analyst M. Kaushik now anticipates that the restaurant operator will post earnings of $0.82 per share for the quarter, down from their prior estimate of $0.87. The consensus estimate for Restaurant Brands International's current full-year earnings is $3.72 per share. Zacks Research also issued estimates for Restaurant Brands International's Q2 2026 earnings at $0.95 EPS, Q3 2026 earnings at $1.08 EPS, Q4 2026 earnings at $1.04 EPS, FY2026 earnings at $3.88 EPS, Q1 2027 earnings at $0.77 EPS and FY2027 earnings at $4.04 EPS.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last released its earnings results on Thursday, May 8th. The restaurant operator reported $0.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.78 by ($0.03). The business had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2.17 billion. Restaurant Brands International had a net margin of 12.15% and a return on equity of 28.53%. The business's revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.73 earnings per share.

Several other brokerages have also recently weighed in on QSR. JPMorgan Chase & Co. decreased their price target on shares of Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating for the company in a research note on Thursday, March 20th. Barclays dropped their price target on Restaurant Brands International from $83.00 to $80.00 and set an "overweight" rating on the stock in a research note on Thursday, February 13th. Oppenheimer upped their price objective on Restaurant Brands International from $77.00 to $80.00 and gave the company an "outperform" rating in a research note on Tuesday. UBS Group lowered their price target on Restaurant Brands International from $90.00 to $85.00 and set a "buy" rating on the stock in a report on Monday, May 5th. Finally, Morgan Stanley boosted their target price on Restaurant Brands International from $72.00 to $73.00 and gave the company an "equal weight" rating in a research note on Friday, May 9th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $75.78.

Restaurant Brands International Trading Down 1.1%

Shares of NYSE:QSR traded down $0.82 during mid-day trading on Monday, reaching $70.98. The stock had a trading volume of 838,913 shares, compared to its average volume of 2,263,249. The firm has a 50 day simple moving average of $65.91 and a two-hundred day simple moving average of $65.80. Restaurant Brands International has a twelve month low of $58.71 and a twelve month high of $75.07. The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of 2.75. The firm has a market cap of $23.26 billion, a PE ratio of 22.32, a price-to-earnings-growth ratio of 1.77 and a beta of 0.60.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in Restaurant Brands International in the fourth quarter valued at approximately $264,813,000. Davis Selected Advisers acquired a new position in Restaurant Brands International in the first quarter valued at $224,744,000. Meritage Group LP boosted its stake in shares of Restaurant Brands International by 5,795.9% during the fourth quarter. Meritage Group LP now owns 3,301,689 shares of the restaurant operator's stock worth $215,204,000 after buying an additional 3,245,689 shares during the period. Royal Bank of Canada boosted its holdings in Restaurant Brands International by 16.7% in the 1st quarter. Royal Bank of Canada now owns 22,626,635 shares of the restaurant operator's stock valued at $1,507,839,000 after purchasing an additional 3,230,735 shares in the last quarter. Finally, Baupost Group LLC MA boosted its holdings in Restaurant Brands International by 10,155.5% in the 4th quarter. Baupost Group LLC MA now owns 2,901,700 shares of the restaurant operator's stock valued at $189,133,000 after purchasing an additional 2,873,406 shares in the last quarter. 82.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Restaurant Brands International

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

Restaurant Brands International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 8th. Shareholders of record on Tuesday, June 24th will be paid 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 dividend yield of 3.49%. Restaurant Brands International's payout ratio is currently 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.