What is Scotiabank’s Estimate for QSR FY2027 Earnings?

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) – Scotiabank decreased their FY2027 EPS estimates for shares of Restaurant Brands International in a research note issued to investors on Monday, November 2nd. Scotiabank analyst J. Zamparo now expects that the restaurant operator will post earnings per share of $4.36 for the year, down from their previous estimate of $4.40. Scotiabank currently has a “Sector Perform” rating and a $81.00 price target on the stock. The consensus estimate for Restaurant Brands International’s current full-year earnings is $4.05 per share.

Several other brokerages also recently weighed in on QSR. Royal Bank Of Canada dropped their price objective on Restaurant Brands International from $80.00 to $79.00 and set a “neutral” rating for the company in a research report on Monday, October 19th. Piper Sandler decreased their target price on Restaurant Brands International from $85.00 to $81.00 and set an “overweight” rating on the stock in a research report on Friday, August 7th. Argus downgraded Restaurant Brands International from a “buy” rating to a “hold” rating in a research note on Friday, September 25th. Jefferies Financial Group dropped their target price on shares of Restaurant Brands International from $82.00 to $78.00 and set an “overweight” rating for the company in a report on Tuesday, September 29th. Finally, Weiss Ratings downgraded shares of Restaurant Brands International from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 30th. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $83.92.

Restaurant Brands International Trading Up 5.5%

Shares of QSR opened at $78.37 on Thursday. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.86 and a current ratio of 0.96. Restaurant Brands International has a 52-week low of $65.43 and a 52-week high of $81.96. The firm has a market cap of $27.33 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 2.19 and a beta of 0.57. The business’s fifty day moving average is $74.29 and its 200-day moving average is $74.03.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its earnings results on Thursday, October 29th. The restaurant operator reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.02. The firm had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.55 billion. Restaurant Brands International had a return on equity of 33.50% and a net margin of 15.35%. The company’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.03 EPS.

Restaurant Brands International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 5th. Stockholders of record on Tuesday, December 22nd will be issued a dividend of $0.65 per share. The ex-dividend date is Tuesday, December 22nd. This represents a $2.60 annualized dividend and a dividend yield of 3.3%. Restaurant Brands International’s dividend payout ratio is 60.47%.

Insider Activity at Restaurant Brands International

In other news, insider Axel Schwan sold 57,574 shares of the stock in a transaction on Friday, September 4th. The stock was sold at an average price of $81.14, for a total value of $4,671,554.36. Following the completion of 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.22% of the company’s stock.

Institutional Investors Weigh In On Restaurant Brands International

A number of hedge funds and other institutional investors have recently bought and sold shares of QSR. Fulcrum Asset Management LLP acquired a new position in Restaurant Brands International in the 3rd quarter worth about $635,000. Ethic Inc. boosted its stake in shares of Restaurant Brands International by 102.0% during the third quarter. Ethic Inc. now owns 7,285 shares of the restaurant operator’s stock valued at $518,000 after purchasing an additional 3,678 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in shares of Restaurant Brands International by 24.9% during the third quarter. Kestra Advisory Services LLC now owns 27,504 shares of the restaurant operator’s stock valued at $1,955,000 after purchasing an additional 5,485 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Restaurant Brands International by 2.7% during the third quarter. Commonwealth Equity Services LLC now owns 114,454 shares of the restaurant operator’s stock valued at $8,135,000 after purchasing an additional 2,958 shares in the last quarter. Finally, Kestra Private Wealth Services LLC grew its holdings in shares of Restaurant Brands International by 2.9% during the third quarter. Kestra Private Wealth Services LLC now owns 8,960 shares of the restaurant operator’s stock worth $637,000 after purchasing an additional 255 shares during the last quarter. Institutional investors own 82.29% of the company’s stock.

About Restaurant Brands International

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.