Restaurant Brands International Inc. (TSE:QSR) Director Ali Hedayat Sells 8,537 Shares of Stock

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

Restaurant Brands International Price Performance

Shares of Restaurant Brands International stock opened at C$102.01 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 299.34. Restaurant Brands International Inc. has a twelve month low of C$84.73 and a twelve month high of C$112.12. The business has a 50-day moving average price of C$104.15 and a 200 day moving average price of C$101.46. The firm has a market cap of C$32.27 billion, a PE ratio of 19.21, a P/E/G ratio of 2.22 and a beta of 0.93.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last announced its quarterly earnings results on Tuesday, February 13th. The company reported C$1.02 earnings per share for the quarter, beating the consensus estimate of C$0.99 by C$0.03. Restaurant Brands International had a return on equity of 38.68% and a net margin of 17.17%. The firm had revenue of C$2.48 billion during the quarter, compared to analyst estimates of C$2.44 billion. Sell-side analysts predict that Restaurant Brands International Inc. will post 6.4635514 earnings per share for the current fiscal year.

Restaurant Brands International Increases Dividend

The firm also recently declared 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 represents a $3.14 annualized dividend and a dividend yield of 3.07%. The ex-dividend date is Friday, June 21st. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.78. Restaurant Brands International’s payout ratio is currently 59.70%.

Analyst Upgrades and Downgrades

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