Restaurant Brands International (NYSE:QSR) Price Target Raised to $83.00

Restaurant Brands International (NYSE:QSR) (TSE:QSR) had its price objective increased by Scotiabank from $81.00 to $83.00 in a report issued on Thursday,Benzinga reports. The firm currently has a sector perform rating on the restaurant operator’s stock. Scotiabank also issued estimates for Restaurant Brands International’s FY2026 earnings at $4.03 EPS and FY2027 earnings at $4.42 EPS.

A number of other research analysts have also issued reports on QSR. BMO Capital Markets decreased their target price on shares of Restaurant Brands International from $83.00 to $81.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. Morgan Stanley increased their target price on shares of Restaurant Brands International from $77.00 to $78.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 3rd. Wells Fargo & Company increased their target price on shares of Restaurant Brands International from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Thursday. Barclays increased their target price on shares of Restaurant Brands International from $85.00 to $92.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. increased their target price on shares of Restaurant Brands International from $77.00 to $80.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Sixteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $83.33.

Restaurant Brands International Stock Performance

Shares of NYSE:QSR opened at $79.71 on Thursday. The company’s 50 day moving average price is $75.55 and its two-hundred day moving average price is $71.25. Restaurant Brands International has a 12-month low of $61.33 and a 12-month high of $81.96. The firm has a market cap of $27.69 billion, a PE ratio of 28.07, a PEG ratio of 2.24 and a beta of 0.53. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 2.55.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its earnings results on Wednesday, May 6th. The restaurant operator reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.03. Restaurant Brands International had a net margin of 9.96% and a return on equity of 32.80%. The firm had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the prior year, the business posted $0.75 EPS. The business’s revenue was up 7.3% compared to the same quarter last year. Equities research analysts predict that Restaurant Brands International will post 4.06 earnings per share for the current year.

Restaurant Brands International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 23rd will be issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, June 23rd. Restaurant Brands International’s dividend payout ratio is 91.55%.

Insider Activity at Restaurant Brands International

In other news, insider Jill Granat sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $75.09, for a total transaction of $1,877,250.00. Following the completion of the sale, the insider owned 478,845 shares of the company’s stock, valued at approximately $35,956,471.05. This represents a 4.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey Housman sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $73.48, for a total transaction of $1,469,600.00. Following the sale, the insider directly owned 162,077 shares of the company’s stock, valued at approximately $11,909,417.96. This trade represents a 10.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 441,490 shares of company stock worth $32,375,140 in the last 90 days. Corporate insiders own 1.25% of the company’s stock.

Institutional Trading of Restaurant Brands International

A number of institutional investors and hedge funds have recently made changes to their positions in QSR. Capital World Investors lifted its stake in Restaurant Brands International by 7.7% in the 4th quarter. Capital World Investors now owns 43,525,570 shares of the restaurant operator’s stock valued at $2,969,819,000 after purchasing an additional 3,095,167 shares during the last quarter. EdgePoint Investment Group Inc. lifted its stake in Restaurant Brands International by 11.7% in the 4th quarter. EdgePoint Investment Group Inc. now owns 16,645,003 shares of the restaurant operator’s stock valued at $1,135,844,000 after purchasing an additional 1,741,795 shares during the last quarter. Vanguard Group Inc. lifted its stake in Restaurant Brands International by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 15,983,585 shares of the restaurant operator’s stock valued at $1,090,684,000 after purchasing an additional 344,066 shares during the last quarter. Morgan Stanley lifted its stake in Restaurant Brands International by 24.2% in the 4th quarter. Morgan Stanley now owns 8,429,121 shares of the restaurant operator’s stock valued at $575,119,000 after purchasing an additional 1,641,870 shares during the last quarter. Finally, Baupost Group LLC MA lifted its stake in Restaurant Brands International by 103.8% in the 3rd quarter. Baupost Group LLC MA now owns 8,252,862 shares of the restaurant operator’s stock valued at $529,337,000 after purchasing an additional 4,203,300 shares during the last quarter. Institutional investors own 82.29% of the company’s stock.

Key Headlines Impacting Restaurant Brands International

Here are the key news stories impacting Restaurant Brands International this week:

• Positive Sentiment: Restaurant Brands International beat Q1 expectations, posting $0.86 EPS versus $0.83 expected and revenue of $2.26 billion versus $2.24 billion expected, with revenue up 7.3% year over year. Article Title
• Positive Sentiment: Analysts lifted targets after the earnings beat, including Scotiabank to $83, TD Cowen to $79, Wells Fargo to $80, and Robert W. Baird to $80, which supports the stock’s recent strength. Article Title
• Neutral Sentiment: Scotiabank maintained a “sector perform” rating and other firms kept neutral/equal-weight views, suggesting the rally is being tempered by cautious longer-term expectations. Article Title
• Neutral Sentiment: Restaurant Brands also declared a quarterly dividend of $0.65 per share, reinforcing its income appeal for investors. Article Title

About Restaurant Brands International

Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company formed through the combination of established brands. The company’s principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International’s business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.

RBI’s restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.