Restaurant Brands International Inc. (NYSE:QSR) Given Average Rating of “Hold” by Analysts

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has been assigned an average recommendation of “Hold” from the twenty-five research firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, thirteen have issued a hold recommendation and eleven have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $75.0417.

QSR has been the topic of several recent research reports. Barclays reduced their price target on Restaurant Brands International from $80.00 to $78.00 and set an “overweight” rating on the stock in a research report on Friday, August 8th. Argus downgraded shares of Restaurant Brands International from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. Scotiabank dropped their price target on shares of Restaurant Brands International from $75.00 to $71.00 and set a “sector perform” rating on the stock in a research note on Friday, August 8th. Melius assumed coverage on shares of Restaurant Brands International in a report on Monday, July 14th. They issued a “buy” rating and a $90.00 price objective on the stock. Finally, Piper Sandler lowered their target price on Restaurant Brands International from $72.00 to $70.00 and set a “neutral” rating for the company in a research note on Friday, August 8th.

Institutional Trading of Restaurant Brands International

Several institutional investors have recently added to or reduced their stakes in the stock. Raleigh Capital Management Inc. lifted its holdings in Restaurant Brands International by 2.2% during the 2nd quarter. Raleigh Capital Management Inc. now owns 6,937 shares of the restaurant operator’s stock worth $460,000 after buying an additional 151 shares during the last quarter. Ritholtz Wealth Management raised its position in shares of Restaurant Brands International by 3.6% during the 2nd quarter. Ritholtz Wealth Management now owns 4,983 shares of the restaurant operator’s stock valued at $330,000 after acquiring an additional 174 shares in the last quarter. MAI Capital Management lifted its stake in Restaurant Brands International by 4.1% during the second quarter. MAI Capital Management now owns 4,595 shares of the restaurant operator’s stock worth $305,000 after purchasing an additional 180 shares during the last quarter. UMB Bank n.a. boosted its holdings in Restaurant Brands International by 49.3% in the second quarter. UMB Bank n.a. now owns 606 shares of the restaurant operator’s stock worth $40,000 after purchasing an additional 200 shares during the period. Finally, Moloney Securities Asset Management LLC increased its stake in Restaurant Brands International by 0.9% during the second quarter. Moloney Securities Asset Management LLC now owns 23,474 shares of the restaurant operator’s stock valued at $1,556,000 after purchasing an additional 205 shares during the last quarter. 82.29% of the stock is owned by institutional investors and hedge funds.

Restaurant Brands International Stock Up 0.7%

Shares of Restaurant Brands International stock opened at $68.93 on Tuesday. Restaurant Brands International has a twelve month low of $58.71 and a twelve month high of $74.09. The stock has a market cap of $22.60 billion, a price-to-earnings ratio of 26.11, a price-to-earnings-growth ratio of 2.95 and a beta of 0.65. The company has a current ratio of 1.01, a quick ratio of 0.95 and a debt-to-equity ratio of 2.69. The company has a fifty day moving average price of $64.80 and a 200 day moving average price of $66.27.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its quarterly earnings data on Thursday, August 7th. The restaurant operator reported $0.94 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.03). Restaurant Brands International had a return on equity of 29.54% and a net margin of 9.43%.The company had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.33 billion. During the same quarter in the prior year, the firm earned $0.86 EPS. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. Equities research analysts forecast that Restaurant Brands International will post 3.72 earnings per share for the current fiscal year.

Restaurant Brands International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 7th. Shareholders of record on Tuesday, September 23rd will be paid a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Tuesday, September 23rd. Restaurant Brands International’s dividend payout ratio (DPR) is 93.94%.

About Restaurant Brands International

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.