What is Scotiabank’s Forecast for QSR FY2026 Earnings?

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) – Investment analysts at Scotiabank cut their FY2026 earnings per share estimates for Restaurant Brands International in a research note issued on Thursday, February 19th. Scotiabank analyst J. Zamparo now anticipates that the restaurant operator will post earnings per share of $4.02 for the year, down from their previous estimate of $4.07. Scotiabank has a “Sector Perform” rating and a $71.00 price target on the stock. The consensus estimate for Restaurant Brands International’s current full-year earnings is $3.72 per share. Scotiabank also issued estimates for Restaurant Brands International’s FY2027 earnings at $4.39 EPS.

A number of other research firms have also recently commented on QSR. Royal Bank Of Canada dropped their target price on Restaurant Brands International from $82.00 to $80.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. BMO Capital Markets dropped their price objective on Restaurant Brands International from $83.00 to $81.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. Citigroup cut their price objective on Restaurant Brands International from $74.00 to $72.00 and set a “neutral” rating for the company in a research report on Tuesday, February 3rd. Barclays reduced their target price on Restaurant Brands International from $86.00 to $82.00 and set an “overweight” rating for the company in a research note on Friday, February 13th. Finally, Argus raised shares of Restaurant Brands International from a “hold” rating to a “buy” rating and set a $85.00 price target on the stock in a research note on Tuesday, December 2nd. Twelve analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $76.62.

Restaurant Brands International Stock Up 0.4%

QSR opened at $68.83 on Friday. The company has a fifty day moving average of $68.71 and a two-hundred day moving average of $67.42. The stock has a market capitalization of $23.85 billion, a price-to-earnings ratio of 29.16, a PEG ratio of 2.10 and a beta of 0.58. Restaurant Brands International has a fifty-two week low of $58.71 and a fifty-two week high of $73.70. The company has a debt-to-equity ratio of 2.65, a quick ratio of 0.98 and a current ratio of 1.06.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its quarterly earnings data on Thursday, February 12th. The restaurant operator reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.03. Restaurant Brands International had a net margin of 8.23% and a return on equity of 32.73%. The business had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.41 billion. During the same quarter last year, the company earned $0.81 EPS. The business’s revenue was up 7.4% on a year-over-year basis.

Hedge Funds Weigh In On Restaurant Brands International

Institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC acquired a new stake in shares of Restaurant Brands International during the 1st quarter worth approximately $237,000. Yousif Capital Management LLC lifted its holdings in Restaurant Brands International by 113.1% in the second quarter. Yousif Capital Management LLC now owns 7,197 shares of the restaurant operator’s stock valued at $477,000 after acquiring an additional 3,819 shares during the last quarter. DekaBank Deutsche Girozentrale grew its position in Restaurant Brands International by 1.3% in the second quarter. DekaBank Deutsche Girozentrale now owns 42,344 shares of the restaurant operator’s stock worth $2,794,000 after acquiring an additional 523 shares during the period. Cullen Frost Bankers Inc. increased its stake in Restaurant Brands International by 90.6% during the second quarter. Cullen Frost Bankers Inc. now owns 128,943 shares of the restaurant operator’s stock worth $8,548,000 after acquiring an additional 61,286 shares during the last quarter. Finally, Cardinal Point Capital Management ULC acquired a new stake in Restaurant Brands International during the second quarter worth $258,000. 82.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Jill Granat sold 1,925 shares of the company’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $67.44, for a total transaction of $129,822.00. Following the completion of the sale, the insider owned 458,280 shares of the company’s stock, valued at approximately $30,906,403.20. This represents a 0.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jacqueline Friesner sold 816 shares of the stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $67.44, for a total transaction of $55,031.04. Following the completion of the sale, the insider owned 187,069 shares of the company’s stock, valued at approximately $12,615,933.36. The trade was a 0.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 101,911 shares of company stock valued at $7,189,969 in the last three months. Company insiders own 1.25% of the company’s stock.

Restaurant Brands International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Thursday, March 19th will be paid a $0.65 dividend. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.62. This represents a $2.60 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, March 19th. Restaurant Brands International’s dividend payout ratio is presently 105.08%.

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.