Scotiabank Has Negative Forecast for QSR FY2027 Earnings

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) – Analysts at Scotiabank decreased their FY2027 earnings estimates for Restaurant Brands International in a research note issued to investors on Monday, November 2nd. Scotiabank analyst J. Zamparo now forecasts that the restaurant operator will earn $4.36 per share for the year, down from their previous estimate of $4.40. Scotiabank has a “Sector Perform” rating and a $81.00 price objective on the stock. The consensus estimate for Restaurant Brands International’s current full-year earnings is $4.05 per share.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its quarterly earnings results on Thursday, October 29th. The restaurant operator reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.02. Restaurant Brands International had a net margin of 15.35% and a return on equity of 33.50%. The company had revenue of $2.52 billion for the quarter, compared to analysts’ expectations of $2.55 billion. During the same period last year, the firm posted $1.03 earnings per share. The business’s quarterly revenue was up 3.1% compared to the same quarter last year.

Several other brokerages also recently issued reports on QSR. Guggenheim increased their price target on Restaurant Brands International from $85.00 to $86.00 and gave the stock a “buy” rating in a report on Friday, September 18th. Weiss Ratings cut Restaurant Brands International from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 30th. Seaport Research Partners started coverage on Restaurant Brands International in a report on Wednesday, September 16th. They set a “buy” rating and a $88.00 price objective on the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on Restaurant Brands International from $86.00 to $85.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Finally, Mizuho assumed coverage on Restaurant Brands International in a research note on Tuesday, October 20th. They set an “outperform” rating and a $85.00 target price for the company. Sixteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $83.92.

Restaurant Brands International Price Performance

QSR opened at $78.37 on Thursday. The stock has a market cap of $27.33 billion, a P/E ratio of 18.22, a P/E/G ratio of 2.19 and a beta of 0.57. Restaurant Brands International has a 12 month low of $65.43 and a 12 month high of $81.96. The company has a quick ratio of 0.86, a current ratio of 0.96 and a debt-to-equity ratio of 2.43. The company has a fifty day simple moving average of $74.29 and a 200 day simple moving average of $74.03.

Restaurant Brands International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 5th. Shareholders of record on Tuesday, December 22nd will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Tuesday, December 22nd. This represents a $2.60 dividend on an annualized basis and a yield of 3.3%. Restaurant Brands International’s dividend payout ratio is 60.47%.

Insiders Place Their Bets

In other news, insider Axel Schwan sold 57,574 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $81.14, for a total transaction of $4,671,554.36. Following the completion of the transaction, the insider directly owned 209,908 shares of the company’s stock, valued at $17,031,935.12. This trade represents a 21.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.22% of the stock is currently owned by company insiders.

Institutional Trading of Restaurant Brands International

Institutional investors have recently made changes to their positions in the business. Fulcrum Asset Management LLP bought a new position in shares of Restaurant Brands International in the 3rd quarter valued at about $635,000. Ethic Inc. raised its holdings in Restaurant Brands International by 102.0% during the third quarter. Ethic Inc. now owns 7,285 shares of the restaurant operator’s stock worth $518,000 after acquiring an additional 3,678 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in Restaurant Brands International by 24.9% during the third quarter. Kestra Advisory Services LLC now owns 27,504 shares of the restaurant operator’s stock worth $1,955,000 after acquiring an additional 5,485 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in Restaurant Brands International by 2.7% during the third quarter. Commonwealth Equity Services LLC now owns 114,454 shares of the restaurant operator’s stock valued at $8,135,000 after purchasing an additional 2,958 shares during the last quarter. Finally, Kestra Private Wealth Services LLC boosted its position in Restaurant Brands International by 2.9% during the third quarter. Kestra Private Wealth Services LLC now owns 8,960 shares of the restaurant operator’s stock valued at $637,000 after purchasing an additional 255 shares during the last quarter. Institutional investors own 82.29% of the company’s stock.

Restaurant Brands International Company Profile

Restaurant Brands International Inc (NYSE:QSR) is a global quick-service restaurant company that owns and operates a portfolio of restaurant brands, primarily through franchised and licensed locations. Its brands include Tim Hortons, Burger King, Popeyes and Firehouse Subs, which serve coffee, baked goods, burgers, chicken, sandwiches and other prepared foods.

The company was formed in 2014 through the merger of Burger King Worldwide and Tim Hortons. RBI expanded its portfolio through the acquisition of Popeyes Louisiana Kitchen in 2017 and Firehouse Restaurant Group in 2021.