Analysts Set Restaurant Brands International Inc. (NYSE:QSR) PT at $81.39

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has earned a consensus recommendation of “Moderate Buy” from the twenty-five analysts that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and sixteen have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $81.8261.

Several analysts have recently weighed in on QSR shares. Wells Fargo & Company upped their price objective on Restaurant Brands International from $70.00 to $75.00 and gave the company an “equal weight” rating in a report on Friday, February 27th. Oppenheimer upped their price objective on Restaurant Brands International from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Wednesday, March 18th. JPMorgan Chase & Co. upped their price objective on Restaurant Brands International from $77.00 to $80.00 and gave the company an “overweight” rating in a report on Friday, April 24th. KeyCorp upped their price objective on Restaurant Brands International from $78.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, April 20th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $84.00 price objective on shares of Restaurant Brands International in a report on Wednesday, April 15th.

Insiders Place Their Bets

In other news, CEO Joshua Kobza sold 200,000 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $75.05, for a total transaction of $15,010,000.00. Following the completion of the sale, the chief executive officer directly owned 960,769 shares of the company’s stock, valued at $72,105,713.45. This trade represents a 17.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jacqueline Friesner sold 30,000 shares of Restaurant Brands International stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.61, for a total value of $2,238,300.00. Following the completion of the transaction, the insider owned 165,727 shares in the company, valued at $12,364,891.47. The trade was a 15.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 441,490 shares of company stock valued at $32,375,140. 1.25% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Restaurant Brands International

Institutional investors and hedge funds have recently modified their holdings of the stock. Lloyd Advisory Services LLC. acquired a new stake in shares of Restaurant Brands International during the fourth quarter worth $25,000. Larson Financial Group LLC raised its position in shares of Restaurant Brands International by 1,922.2% during the fourth quarter. Larson Financial Group LLC now owns 364 shares of the restaurant operator’s stock worth $25,000 after purchasing an additional 346 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in shares of Restaurant Brands International during the fourth quarter worth $29,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Restaurant Brands International during the third quarter worth $29,000. Finally, UMB Bank n.a. raised its position in shares of Restaurant Brands International by 50.4% during the fourth quarter. UMB Bank n.a. now owns 639 shares of the restaurant operator’s stock worth $44,000 after purchasing an additional 214 shares during the period. 82.29% of the stock is owned by institutional investors and hedge funds.

Restaurant Brands International Trading Up 0.5%

Shares of QSR stock opened at $78.63 on Friday. The company has a debt-to-equity ratio of 2.62, a quick ratio of 0.91 and a current ratio of 0.98. Restaurant Brands International has a 1 year low of $61.33 and a 1 year high of $81.67. The stock has a fifty day moving average of $74.65 and a two-hundred day moving average of $70.90. The firm has a market capitalization of $27.29 billion, a PE ratio of 33.32, a price-to-earnings-growth ratio of 2.21 and a beta of 0.51.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced 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 company had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.41 billion. Restaurant Brands International had a return on equity of 32.51% and a net margin of 8.23%.The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.81 EPS. As a group, research analysts expect that Restaurant Brands International will post 4.05 EPS for the current year.

Restaurant Brands International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Thursday, March 19th were issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 3.3%. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.62. The ex-dividend date was Thursday, March 19th. Restaurant Brands International’s payout ratio is currently 110.17%.

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.