What is Scotiabank’s Estimate for TSE:QSR FY2027 Earnings?

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) – Scotiabank boosted their FY2027 earnings per share estimates for Restaurant Brands International in a research note issued on Thursday, May 14th. Scotiabank analyst J. Zamparo now expects that the company will post earnings of $6.14 per share for the year, up from their prior forecast of $6.02. 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 Wednesday, May 6th. The company reported C$1.20 earnings per share for the quarter. Restaurant Brands International had a net margin of 9.96% and a return on equity of 27.13%. The company had revenue of C$3.15 billion for the quarter.

Separately, Piper Sandler raised shares of Restaurant Brands International from a “hold” rating to an “overweight” rating and set a C$84.00 target price for the company in a report on Sunday, March 1st. One research 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$84.00.

Restaurant Brands International Stock Up 0.2%

QSR stock opened at C$104.90 on Friday. The company has a market capitalization of C$36.43 billion, a P/E ratio of 37.07, a price-to-earnings-growth ratio of 2.22 and a beta of 0.27. Restaurant Brands International has a 12 month low of C$84.78 and a 12 month high of C$111.63. The firm’s fifty day simple moving average is C$104.70 and its 200-day simple moving average is C$98.74. The company has a debt-to-equity ratio of 413.36, a current ratio of 0.99 and a quick ratio of 0.80.

Restaurant Brands International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Thursday, April 2nd were issued a $0.65 dividend. The ex-dividend date of this dividend was Thursday, March 19th. 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 yield of 2.5%. Restaurant Brands International’s dividend payout ratio is presently 88.69%.

Insider Buying and Selling

In other Restaurant Brands International news, insider Jeffrey Housman sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of C$100.29, for a total value of C$2,005,800.00. Following the sale, the insider owned 162,080 shares in the company, valued at approximately C$16,255,003.20. This represents a 10.98% decrease in their position. Corporate insiders own 1.24% of the company’s stock.

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).