Restaurant Brands International Company Profile (NYSE:QSR)

Restaurant Brands International trades on the New York Stock Exchange (NYSE) under the ticker symbol "QSR."

Restaurant Brands International announced a quarterly dividend on Wednesday, August 2nd. Shareholders of record on Friday, September 15th will be paid a dividend of $0.20 per share on Tuesday, October 3rd. This represents a $0.80 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from Restaurant Brands International's previous quarterly dividend of $0.19. View Restaurant Brands International's Dividend History.

Restaurant Brands International declared that its Board of Directors has approved a share buyback program on Friday, August 4th 2017, which authorizes the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 2.1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

Restaurant Brands International Inc. (NYSE:QSR) announced its earnings results on Wednesday, August, 2nd. The company reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.45 by $0.06. The business earned $1.13 billion during the quarter, compared to the consensus estimate of $1.14 billion. Restaurant Brands International had a return on equity of 22.71% and a net margin of 12.66%. The business's revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.41 EPS. View Restaurant Brands International's Earnings History.

Restaurant Brands International is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Restaurant Brands International.

15 analysts have issued 12-month price targets for Restaurant Brands International's stock. Their forecasts range from $35.00 to $73.00. On average, they expect Restaurant Brands International's stock price to reach $63.07 in the next twelve months. View Analyst Ratings for Restaurant Brands International.

Here are some recent quotes from research analysts about Restaurant Brands International stock:

• 1. According to Zacks Investment Research, "Restaurant Brands’ second-quarter 2017 adjusted earnings of $0.51 per share beat the Zacks Consensus Estimate by 13.3% and rose 24.4% year over year. Revenues of $1.13 billion increased nearly 9% year over year but fell just short of the consensus mark. Notably, this marked the 10th consecutive quarterly earnings beat for the company. Meanwhile, though comps rose at Burger King, the same fell at Tim Hortons and Popeyes. Going into the second half, the company aims to maintain the momentum at Burger King, while improving comps growth at Tim Hortons and Popeyes via various sales-boosting initiatives. Additionally, it plans to continue focusing on expansion, guest satisfaction and franchisee profitability to drive long-term growth. Notably, Restaurant Brands’ shares outpaced the industry in the last six months. Yet, rising costs along with currency woes may dent profits, while a soft consumer spending environment might hurt comps." (8/7/2017)
• 2. Royal Bank Of Canada analysts commented, "Raising price target to reflect the Popeyes acquisition: We are raising our price target from $59 to $63 to reflect the EPS accretion and future growth potential of Popeyes Louisiana Kitchen (NASDAQ: PLKI) under the Restaurant Brands International (RBI) umbrella. Based on our pro-forma analysis (see Exhibit 2), we believe the deal could add ~6pp (~$0.14) to 2018 EPS under the following assumptions: 1) G&A is reduced to 35% of EBIT, or $18k/ store versus ~108% and ~33k/ store today; 2) the company pays a 4% borrowing rate on new debt; and 3) an effective tax rate of 22.2%, which incorporates the Canadian statutory rate of 25% for Popeye's profits (vs. 38% today). Our new price target of $63 equates to 26.5x our 2018e EPS of $2.37 (+34% YOY). We will fine-tune our estimates to include Popeyes upon closure of the deal." (2/22/2017)

Some companies that are related to Restaurant Brands International include Compass Group plc (CPG), Darden Restaurants (DRI), Whitbread plc (WTB), Cracker Barrel Old Country Store (CBRL), Papa John's International (PZZA), Greene King plc (GNK), Bloomin' Brands (BLMN), Greggs plc (GRG), Mitchells & Butlers plc (MAB), Denny's Corporation (DENN), Shake Shack (SHAK), DineEquity (DIN), Restaurant Group PLC (RTN), Young & Co.'s Brewery plc (YNGA), Marston's PLC (MARS), Biglari Holdings (BH), Fuller, Smith & Turner plc (FSTA) and Young & Co.'s Brewery plc (YNGN).

Restaurant Brands International's management team includes the folowing people:

• Alexandre Behring, Executive Chairman of the Board
• Daniel S. Schwartz, Chief Executive Officer, Director
• Marc Caira, Vice Chairman of the Board
• Joshua Kobza, Chief Financial Officer
• Jose E. Cil, President - Burger King
• Elias Diaz Sese, President, Tim Hortons
• Jacqueline Friesner, Chief Accounting Officer, Controller
• Heitor Goncalves, Chief Information and Performance Officer and Chief People Officer
• Jill Granat, General Counsel, Corporate Secretary
• Neil Golden, Director

Restaurant Brands International's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (6.58%), Principal Financial Group Inc. (3.58%), Berkshire Hathaway Inc. (3.57%), Franklin Resources Inc. (2.90%), Bank of Montreal Can (2.60%) and Vanguard Group Inc. (2.12%). Company insiders that own Restaurant Brands International stock include Ali Hedayat, Carlos Alberto Sicupira, Damme Alexandre Van, John Anthony Lederer, Jose E Cil, Marc Caira, Motta Roberto Moses Thompson, Paul J Fribourg and Restaurant Brands Holdings 3G. View Institutional Ownership Trends for Restaurant Brands International.

Restaurant Brands International's stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Bank of Montreal Can, Tiger Global Management LLC, The Manufacturers Life Insurance Company , Sentry Investments Corp., CIBC Asset Management Inc, Valiant Capital Management L.P. and AHL Partners LLP. Company insiders that have sold Restaurant Brands International stock in the last year include Damme Alexandre Van and Jose E Cil. View Insider Buying and Selling for Restaurant Brands International.

Restaurant Brands International's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Fiera Capital Corp, Mik Capital LLC, CI Global Investments Inc., Balyasny Asset Management LLC, Junto Capital Management LP, Canada Pension Plan Investment Board and Vanguard Group Inc.. Company insiders that have bought Restaurant Brands International stock in the last two years include Ali Hedayat, Carlos Alberto Sicupira, Damme Alexandre Van, John Anthony Lederer, Motta Roberto Moses Thompson and Paul J Fribourg. View Insider Buying and Selling for Restaurant Brands International.

Shares of Restaurant Brands International can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Restaurant Brands International stock can currently be purchased for approximately $60.66.