Insider Selling: Restaurant Brands International Inc. (TSE:QSR) Director Sells 1,990 Shares of Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Vicente Tome sold 1,990 shares of the stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of C$74.78, for a total transaction of C$148,812.20.

Restaurant Brands International Stock Performance

Restaurant Brands International stock traded down C$1.19 during trading hours on Wednesday, hitting C$100.82. 749,088 shares of the stock traded hands, compared to its average volume of 615,519. Restaurant Brands International Inc. has a 1 year low of C$84.73 and a 1 year high of C$112.12. The stock has a market capitalization of C$31.90 billion, a price-to-earnings ratio of 19.21, a P/E/G ratio of 2.22 and a beta of 0.93. The company has a debt-to-equity ratio of 299.34, a current ratio of 1.08 and a quick ratio of 0.80. The firm’s 50 day moving average price is C$104.15 and its 200-day moving average price is C$101.46.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last released its quarterly earnings data on Tuesday, February 13th. The company reported C$1.02 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.99 by C$0.03. The firm had revenue of C$2.48 billion for the quarter, compared to analyst estimates of C$2.44 billion. Restaurant Brands International had a net margin of 17.17% and a return on equity of 38.68%. As a group, equities analysts expect that Restaurant Brands International Inc. will post 6.4635514 EPS for the current fiscal year.

Restaurant Brands International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 5th. Investors of record on Friday, June 21st will be paid a $0.784 dividend. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.78. This represents a $3.14 annualized dividend and a dividend yield of 3.11%. The ex-dividend date is Friday, June 21st. Restaurant Brands International’s payout ratio is currently 59.70%.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada raised their price objective on Restaurant Brands International from C$81.00 to C$90.00 and gave the company an “outperform” rating in a research report on Wednesday, February 14th.

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.