Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) – Equities researchers at KeyCorp lifted their Q4 2021 EPS estimates for Restaurant Brands International in a research report issued on Sunday, June 6th. KeyCorp analyst E. Gonzalez now expects that the company will post earnings of $0.92 per share for the quarter, up from their prior forecast of $0.90.
Other equities research analysts have also recently issued reports about the company. Northcoast Research reiterated a “neutral” rating on shares of Restaurant Brands International in a research note on Tuesday, April 13th. Royal Bank of Canada decreased their price target on Restaurant Brands International to C$68.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 16th.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 7th. Stockholders of record on Wednesday, June 23rd will be issued a $0.666 dividend. This represents a $2.66 dividend on an annualized basis and a dividend yield of 3.25%. The ex-dividend date is Tuesday, June 22nd. Restaurant Brands International’s payout ratio is 101.80%.
In related news, Director Roberto Moses Thompson Motta sold 25,627 shares of the stock in a transaction on Wednesday, May 26th. The stock was sold at an average price of C$90.16, for a total value of C$2,310,427.81.
About Restaurant Brands International
Restaurant Brands International Inc owns, operates, and franchises quick service restaurants under the Tim Hortons (TH), Burger King (BK), and Popeyes (PLK) brands. The company operates through three segments: TH, BK, and PLK. Its restaurants offer blend coffee, tea, espresso-based hot and cold specialty drinks, donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, hamburgers, chicken and other specialty sandwiches, french fries, soft drinks, chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other food items.
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