Scotiabank Has Bullish Estimate for TSE:QSR FY2027 Earnings

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) – Scotiabank upped their FY2027 earnings per share estimates for shares of Restaurant Brands International in a research note issued to investors on Thursday, May 14th. Scotiabank analyst J. Zamparo now expects that the company will earn $6.14 per share for the year, up from their prior estimate of $6.02. The consensus estimate for Restaurant Brands International’s current full-year earnings is $7.32 per share.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C$1.20 EPS for the quarter. The company had revenue of C$3.15 billion for the quarter. Restaurant Brands International had a return on equity of 27.13% and a net margin of 9.96%.

Separately, Piper Sandler raised shares of Restaurant Brands International from a “hold” rating to an “overweight” rating and set a C$84.00 price target for the company in a report on Sunday, March 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$84.00.

Restaurant Brands International Trading Up 0.2%

Shares of TSE:QSR opened at C$104.90 on Friday. Restaurant Brands International has a 1 year low of C$84.78 and a 1 year high of C$111.63. The firm has a market capitalization of C$36.43 billion, a price-to-earnings ratio of 37.07, a price-to-earnings-growth ratio of 2.22 and a beta of 0.27. The company has a debt-to-equity ratio of 413.36, a current ratio of 0.99 and a quick ratio of 0.80. The business’s 50 day moving average price is C$104.70 and its 200-day moving average price is C$98.74.

Restaurant Brands International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Thursday, April 2nd were paid a dividend of $0.65 per share. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.62. The ex-dividend date was Thursday, March 19th. This represents a $2.60 annualized dividend and a yield of 2.5%. Restaurant Brands International’s dividend payout ratio (DPR) is presently 88.69%.

Insider Activity at Restaurant Brands International

In other Restaurant Brands International news, insider Jeffrey Housman sold 20,000 shares of the stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of C$100.29, for a total transaction of C$2,005,800.00. Following the completion of the transaction, the insider owned 162,080 shares of the company’s stock, valued at C$16,255,003.20. This represents a 10.98% decrease in their ownership of the stock. 1.24% of the stock is owned by insiders.

About Restaurant Brands International

Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton’s supply chain operations. Formed in 2014 after 3G Capital’s acquisition of Tim Horton’s International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton’s (5,300 units), and Popeyes Louisiana Kitchen (3,700 units).