Scotiabank Has Optimistic Outlook of TSE:QSR FY2027 Earnings

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) – Scotiabank increased their FY2027 earnings estimates for shares of Restaurant Brands International in a research report issued on Friday, May 1st. Scotiabank analyst J. Zamparo now expects that the company will earn $6.02 per share for the year, up from their prior forecast of $6.00. The consensus estimate for Restaurant Brands International’s current full-year earnings is $7.32 per share.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last issued its quarterly earnings results on Thursday, February 12th. The company reported C$1.32 EPS for the quarter. The business had revenue of C$3.38 billion for the quarter. Restaurant Brands International had a net margin of 8.23% and a return on equity of 23.08%.

Separately, Piper Sandler upgraded Restaurant Brands International from a “hold” rating to an “overweight” rating and set a C$84.00 target price on the stock in a report on Sunday, March 1st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Restaurant Brands International has a consensus rating of “Moderate Buy” and an average price target of C$84.00.

Restaurant Brands International Trading Up 0.1%

QSR opened at C$108.91 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 0.80 and a debt-to-equity ratio of 478.23. The company has a fifty day moving average price of C$102.83 and a two-hundred day moving average price of C$98.05. The company has a market cap of C$37.82 billion, a P/E ratio of 46.34, a price-to-earnings-growth ratio of 2.22 and a beta of 0.22. Restaurant Brands International has a 1-year low of C$84.78 and a 1-year high of C$111.61.

Insider Activity

In other news, insider Jeffrey Housman sold 20,000 shares of the business’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of C$100.29, for a total transaction of C$2,005,800.00. Following the completion of the transaction, the insider directly owned 162,080 shares in the company, valued at C$16,255,003.20. The trade was a 10.98% decrease in their position. Insiders own 1.24% of the company’s stock.

Restaurant Brands International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Thursday, April 2nd were given a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 2.4%. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.62. The ex-dividend date was Thursday, March 19th. Restaurant Brands International’s dividend payout ratio (DPR) is presently 105.53%.

About Restaurant Brands International

Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton’s supply chain operations. Formed in 2014 after 3G Capital’s acquisition of Tim Horton’s International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton’s (5,300 units), and Popeyes Louisiana Kitchen (3,700 units).