What is Scotiabank’s Forecast for QSR FY2026 Earnings?

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) – Investment analysts at Scotiabank lowered their FY2026 earnings estimates for shares of Restaurant Brands International in a note issued to investors on Thursday, February 19th. Scotiabank analyst J. Zamparo now forecasts that the restaurant operator will post earnings per share of $4.02 for the year, down from their previous estimate of $4.07. Scotiabank currently has a “Sector Perform” rating and a $71.00 target price on the stock. The consensus estimate for Restaurant Brands International’s current full-year earnings is $3.72 per share. Scotiabank also issued estimates for Restaurant Brands International’s FY2027 earnings at $4.39 EPS.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its quarterly earnings results on Thursday, February 12th. The restaurant operator reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.03. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.41 billion. Restaurant Brands International had a net margin of 8.23% and a return on equity of 32.73%. The business’s revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.81 earnings per share.

QSR has been the topic of a number of other reports. BMO Capital Markets decreased their price target on Restaurant Brands International from $83.00 to $81.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. TD Cowen cut their price objective on Restaurant Brands International from $74.00 to $72.00 and set a “hold” rating for the company in a research report on Thursday, February 12th. Oppenheimer restated an “outperform” rating and set a $80.00 target price on shares of Restaurant Brands International in a research report on Tuesday, November 25th. Sanford C. Bernstein set a $82.00 price target on shares of Restaurant Brands International in a research note on Friday, February 13th. Finally, Citigroup reduced their price objective on shares of Restaurant Brands International from $74.00 to $72.00 and set a “neutral” rating for the company in a research note on Tuesday, February 3rd. Twelve equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Restaurant Brands International presently has an average rating of “Hold” and a consensus price target of $76.62.

Restaurant Brands International Price Performance

Shares of QSR opened at $68.83 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.98 and a debt-to-equity ratio of 2.65. The stock’s 50 day moving average is $68.71 and its two-hundred day moving average is $67.42. Restaurant Brands International has a twelve month low of $58.71 and a twelve month high of $73.70. The firm has a market capitalization of $23.85 billion, a PE ratio of 29.16, a P/E/G ratio of 2.09 and a beta of 0.58.

Restaurant Brands International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Thursday, March 19th will be paid a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, March 19th. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.62. Restaurant Brands International’s dividend payout ratio is presently 105.08%.

Insider Buying and Selling

In other Restaurant Brands International news, insider Axel Schwan sold 5,860 shares of Restaurant Brands International stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $70.87, for a total value of $415,298.20. Following the completion of the sale, the insider directly owned 159,757 shares of the company’s stock, valued at approximately $11,321,978.59. The trade was a 3.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Sami A. Siddiqui sold 10,913 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $70.87, for a total value of $773,404.31. Following the transaction, the chief financial officer directly owned 10,609 shares in the company, valued at approximately $751,859.83. This represents a 50.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 101,911 shares of company stock worth $7,189,969 in the last 90 days. 1.25% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Restaurant Brands International

Several large investors have recently added to or reduced their stakes in QSR. Corient Private Wealth LLC grew its holdings in Restaurant Brands International by 87.9% in the 4th quarter. Corient Private Wealth LLC now owns 26,011 shares of the restaurant operator’s stock valued at $1,775,000 after buying an additional 12,170 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in shares of Restaurant Brands International by 29.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,292 shares of the restaurant operator’s stock worth $907,000 after acquiring an additional 3,040 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Restaurant Brands International by 14.7% in the fourth quarter. NewEdge Advisors LLC now owns 5,847 shares of the restaurant operator’s stock valued at $399,000 after purchasing an additional 750 shares during the period. Empowered Funds LLC increased its position in Restaurant Brands International by 156.3% during the fourth quarter. Empowered Funds LLC now owns 28,115 shares of the restaurant operator’s stock worth $1,918,000 after purchasing an additional 17,146 shares during the last quarter. Finally, XTX Topco Ltd raised its stake in Restaurant Brands International by 139.8% during the fourth quarter. XTX Topco Ltd now owns 8,819 shares of the restaurant operator’s stock worth $602,000 after purchasing an additional 5,142 shares during the period. 82.29% of the stock is currently owned by hedge funds and other institutional investors.

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.