Restaurant Brands International Inc. (NYSE:QSR) Stock Has Consensus Target Price of $83.75

Shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) have earned an average rating of “Moderate Buy” from the twenty-five ratings firms that are currently covering the stock, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and sixteen have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $83.52.

A number of equities analysts have weighed in on the company. Mizuho initiated coverage on Restaurant Brands International in a research report on Tuesday. They set an “outperform” rating and a $85.00 price target for the company. Jefferies Financial Group decreased their price objective on Restaurant Brands International from $82.00 to $78.00 and set an “overweight” rating for the company in a report on Tuesday, September 29th. Citigroup dropped their target price on Restaurant Brands International from $80.00 to $79.00 and set a “neutral” rating on the stock in a report on Tuesday. Weiss Ratings raised Restaurant Brands International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 12th. Finally, Royal Bank Of Canada dropped their price target on shares of Restaurant Brands International from $80.00 to $79.00 and set a “neutral” rating on the stock in a research report on Monday, October 19th.

Insider Activity

In related news, insider Axel Schwan sold 57,574 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $81.14, for a total value of $4,671,554.36. Following the transaction, the insider directly owned 209,908 shares in the company, valued at approximately $17,031,935.12. This represents a 21.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.22% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of QSR. Groupe la Francaise bought a new position in shares of Restaurant Brands International in the 2nd quarter valued at $27,000. Western Wealth Management LLC bought a new position in shares of Restaurant Brands International in the 1st quarter valued at $28,000. NFSG Corp acquired a new stake in shares of Restaurant Brands International during the 3rd quarter valued at $28,000. CoreCap Advisors LLC grew its position in Restaurant Brands International by 304.3% during the 2nd quarter. CoreCap Advisors LLC now owns 465 shares of the restaurant operator’s stock worth $34,000 after acquiring an additional 350 shares during the last quarter. Finally, Continuum Advisory LLC bought a new position in Restaurant Brands International in the second quarter valued at about $37,000. Institutional investors and hedge funds own 82.29% of the company’s stock.

Restaurant Brands International Stock Down 1.3%

NYSE QSR opened at $75.39 on Friday. Restaurant Brands International has a 52 week low of $64.52 and a 52 week high of $81.96. The stock has a market capitalization of $26.29 billion, a P/E ratio of 20.27, a price-to-earnings-growth ratio of 2.14 and a beta of 0.52. The company has a debt-to-equity ratio of 2.49, a quick ratio of 0.92 and a current ratio of 1.01. The stock has a fifty day moving average of $75.07 and a 200-day moving average of $75.27.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its quarterly earnings data on Thursday, August 6th. The restaurant operator reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. The business had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.52 billion. Restaurant Brands International had a return on equity of 33.43% and a net margin of 13.12%. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.94 earnings per share. On average, equities research analysts forecast that Restaurant Brands International will post 4.04 EPS for the current year.

Restaurant Brands International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 18th were issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Friday, September 18th. Restaurant Brands International’s payout ratio is currently 69.89%.

Restaurant Brands International Company Profile

Restaurant Brands International Inc (NYSE:QSR) is a global quick-service restaurant company that owns and operates a portfolio of restaurant brands, primarily through franchised and licensed locations. Its brands include Tim Hortons, Burger King, Popeyes and Firehouse Subs, which serve coffee, baked goods, burgers, chicken, sandwiches and other prepared foods.

The company was formed in 2014 through the merger of Burger King Worldwide and Tim Hortons. RBI expanded its portfolio through the acquisition of Popeyes Louisiana Kitchen in 2017 and Firehouse Restaurant Group in 2021.