Restaurant Brands International Inc. (NYSE:QSR) Receives Average Recommendation of "Moderate Buy" from Brokerages

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR has earned an average rating of "Moderate Buy" from the twenty-six brokerages that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $83.15.

QSR has been the subject of a number of research analyst reports. Oppenheimer reduced their price objective on shares of Restaurant Brands International from $89.00 to $86.00 and set an "outperform" rating for the company in a research report on Tuesday. Royal Bank of Canada lifted their price target on Restaurant Brands International from $90.00 to $95.00 and gave the stock an "outperform" rating in a research note on Thursday, September 12th. JPMorgan Chase & Co. increased their price objective on Restaurant Brands International from $80.00 to $84.00 and gave the company an "overweight" rating in a research note on Monday, September 16th. Morgan Stanley lowered their target price on shares of Restaurant Brands International from $86.00 to $83.00 and set an "equal weight" rating on the stock in a research note on Tuesday, July 16th. Finally, Stifel Nicolaus dropped their target price on shares of Restaurant Brands International from $80.00 to $77.00 and set a "hold" rating for the company in a report on Tuesday, August 13th.

Insider Buying and Selling

In other Restaurant Brands International news, insider Axel Mr Schwan sold 36,000 shares of the company's stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $70.44, for a total value of $2,535,840.00. Following the completion of the transaction, the insider now owns 97,479 shares in the company, valued at $6,866,420.76. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, insider Axel Mr Schwan sold 36,000 shares of Restaurant Brands International stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $70.44, for a total value of $2,535,840.00. Following the transaction, the insider now directly owns 97,479 shares of the company's stock, valued at $6,866,420.76. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Thomas Benjamin Curtis sold 6,536 shares of Restaurant Brands International stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $68.63, for a total transaction of $448,565.68. Following the completion of the transaction, the insider now owns 37,179 shares in the company, valued at approximately $2,551,594.77. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.36% of the stock is owned by company insiders.

Institutional Investors Weigh In On Restaurant Brands International

Several hedge funds have recently modified their holdings of the stock. Mather Group LLC. acquired a new position in shares of Restaurant Brands International during the first quarter worth about $25,000. AdvisorNet Financial Inc boosted its position in shares of Restaurant Brands International by 3.6% during the 1st quarter. AdvisorNet Financial Inc now owns 14,127 shares of the restaurant operator's stock worth $1,122,000 after purchasing an additional 489 shares in the last quarter. Wallace Advisory Group LLC acquired a new position in shares of Restaurant Brands International during the 1st quarter worth $209,000. BKM Wealth Management LLC lifted its stake in shares of Restaurant Brands International by 23.4% in the first quarter. BKM Wealth Management LLC now owns 5,740 shares of the restaurant operator's stock valued at $456,000 after purchasing an additional 1,089 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Restaurant Brands International by 4.1% during the first quarter. Allspring Global Investments Holdings LLC now owns 95,663 shares of the restaurant operator's stock worth $7,600,000 after buying an additional 3,733 shares in the last quarter. 82.29% of the stock is owned by institutional investors and hedge funds.

Restaurant Brands International Price Performance

Shares of Restaurant Brands International stock traded down $0.62 during trading hours on Tuesday, reaching $72.13. The stock had a trading volume of 1,154,623 shares, compared to its average volume of 1,586,112. The stock's 50 day moving average is $70.28 and its 200 day moving average is $70.67. The company has a current ratio of 0.78, a quick ratio of 0.71 and a debt-to-equity ratio of 2.71. Restaurant Brands International has a twelve month low of $64.91 and a twelve month high of $83.29. The firm has a market capitalization of $22.85 billion, a PE ratio of 18.58, a PEG ratio of 2.12 and a beta of 0.94.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last issued its quarterly earnings data on Thursday, August 8th. The restaurant operator reported $0.86 EPS for the quarter, beating the consensus estimate of $0.85 by $0.01. The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.05 billion. Restaurant Brands International had a return on equity of 30.78% and a net margin of 16.99%. Equities analysts expect that Restaurant Brands International will post 3.37 earnings per share for the current fiscal year.

Restaurant Brands International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Friday, September 20th were issued a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 3.22%. The ex-dividend date was Friday, September 20th. Restaurant Brands International's payout ratio is 59.79%.

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.