Restaurant Brands International Inc (NYSE:QSR) (TSE:QSR) – SunTrust Banks lowered their Q1 2019 earnings per share estimates for Restaurant Brands International in a research report issued on Monday, February 11th. SunTrust Banks analyst J. Bartlett now forecasts that the restaurant operator will post earnings per share of $0.59 for the quarter, down from their prior estimate of $0.60. SunTrust Banks has a “Buy” rating and a $70.00 price objective on the stock. SunTrust Banks also issued estimates for Restaurant Brands International’s Q2 2019 earnings at $0.70 EPS, Q1 2020 earnings at $0.63 EPS and Q3 2020 earnings at $0.80 EPS.

Several other analysts also recently weighed in on the company. Wells Fargo & Co decreased their price objective on Restaurant Brands International from $63.00 to $62.00 and set a “market perform” rating for the company in a report on Thursday, October 25th. Robert W. Baird reiterated a “buy” rating and issued a $66.00 target price on shares of Restaurant Brands International in a research note on Thursday, January 3rd. BMO Capital Markets upgraded Restaurant Brands International from a “market perform” rating to an “outperform” rating and set a $63.11 target price on the stock in a research note on Wednesday, January 23rd. Citigroup cut their target price on Restaurant Brands International from $72.00 to $65.00 and set a “buy” rating on the stock in a research note on Tuesday, October 30th. Finally, Zacks Investment Research lowered Restaurant Brands International from a “hold” rating to a “sell” rating in a research note on Tuesday, January 8th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and thirteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $69.87.

QSR stock opened at $64.69 on Thursday. The company has a quick ratio of 1.27, a current ratio of 1.34 and a debt-to-equity ratio of 2.73. The stock has a market capitalization of $16.21 billion, a P/E ratio of 24.60, a PEG ratio of 2.13 and a beta of 1.44. Restaurant Brands International has a 1-year low of $50.20 and a 1-year high of $65.59.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings data on Monday, February 11th. The restaurant operator reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.01. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.39 billion. Restaurant Brands International had a return on equity of 28.98% and a net margin of 11.42%. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.66 earnings per share.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 3rd. Shareholders of record on Friday, March 15th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.09%. The ex-dividend date is Thursday, March 14th. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.45. Restaurant Brands International’s payout ratio is 68.44%.

In other Restaurant Brands International news, COO Joshua Kobza sold 113,577 shares of Restaurant Brands International stock in a transaction dated Wednesday, February 13th. The stock was sold at an average price of $64.41, for a total value of $7,315,494.57. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 3.78% of the stock is owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the business. Jarislowsky Fraser Ltd grew its stake in shares of Restaurant Brands International by 7.9% during the fourth quarter. Jarislowsky Fraser Ltd now owns 7,103,810 shares of the restaurant operator’s stock worth $370,950,000 after acquiring an additional 519,346 shares during the last quarter. FIL Ltd grew its stake in shares of Restaurant Brands International by 22.2% during the third quarter. FIL Ltd now owns 7,031,186 shares of the restaurant operator’s stock worth $416,324,000 after acquiring an additional 1,278,277 shares during the last quarter. Capital World Investors grew its stake in shares of Restaurant Brands International by 29.0% during the third quarter. Capital World Investors now owns 6,681,995 shares of the restaurant operator’s stock worth $396,022,000 after acquiring an additional 1,502,799 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Restaurant Brands International by 3.2% during the third quarter. Vanguard Group Inc. now owns 5,940,528 shares of the restaurant operator’s stock worth $352,154,000 after acquiring an additional 184,714 shares during the last quarter. Finally, Vanguard Group Inc grew its stake in shares of Restaurant Brands International by 3.2% during the third quarter. Vanguard Group Inc now owns 5,940,528 shares of the restaurant operator’s stock worth $352,154,000 after acquiring an additional 184,714 shares during the last quarter. Institutional investors own 81.09% of the company’s stock.

About Restaurant Brands International

Restaurant Brands International Inc owns, operates, and franchises quick service restaurants under the Tim Hortons (TH), Burger King (BK), and Popeyes (PLK) brand names. The company operates through three segments: TH, BK, and PLK. Its restaurants offer blend coffee, tea, espresso-based hot and cold specialty drinks, donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, hamburgers, chicken and other specialty sandwiches, french fries, soft drinks, chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other food items.

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Earnings History and Estimates for Restaurant Brands International (NYSE:QSR)

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