Restaurant Brands International Inc. (TSE:QSR) Director Sells C$872,481.40 in Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Ali Hedayat sold 8,537 shares of Restaurant Brands International stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of C$102.20, for a total transaction of C$872,481.40.

Restaurant Brands International Trading Down 1.2 %

Shares of QSR opened at C$100.82 on Thursday. Restaurant Brands International Inc. has a 12 month low of C$84.73 and a 12 month high of C$112.12. The stock’s 50-day moving average is C$104.15 and its two-hundred day moving average is C$101.46. 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 stock has a market cap of C$31.90 billion, a PE ratio of 18.99, a P/E/G ratio of 2.22 and a beta of 0.93.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last announced its earnings results on Tuesday, February 13th. The company reported C$1.02 EPS for the quarter, beating the consensus estimate of C$0.99 by C$0.03. The business had revenue of C$2.48 billion for the quarter, compared to the consensus estimate of C$2.44 billion. Restaurant Brands International had a return on equity of 38.68% and a net margin of 17.17%. Equities analysts forecast that Restaurant Brands International Inc. will post 6.4635514 earnings per share 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. Stockholders of record on Friday, June 21st will be paid a $0.784 dividend. The ex-dividend date of this dividend is Friday, June 21st. This is an increase 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%. Restaurant Brands International’s dividend payout ratio is 59.70%.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada raised their target price on shares of Restaurant Brands International from C$81.00 to C$90.00 and gave the company an “outperform” rating in a research note 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.