Restaurant Brands International Inc. (NYSE:QSR – Get Free Report) (TSE:QSR) insider Thiago T. Santelmo sold 3,511 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $64.20, for a total value of $225,406.20. Following the sale, the insider now owns 32,937 shares in the company, valued at $2,114,555.40. The trade was a 9.63 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Restaurant Brands International Stock Performance
QSR stock traded down $0.73 on Tuesday, hitting $63.18. The company’s stock had a trading volume of 1,327,848 shares, compared to its average volume of 1,355,462. Restaurant Brands International Inc. has a 1 year low of $63.09 and a 1 year high of $83.29. The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of 2.75. The stock has a market cap of $20.46 billion, a price-to-earnings ratio of 15.83, a price-to-earnings-growth ratio of 2.27 and a beta of 0.94. The firm has a 50 day moving average of $68.15 and a two-hundred day moving average of $69.65.
Restaurant Brands International Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 20th were given a dividend of $0.58 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $2.32 dividend on an annualized basis and a yield of 3.67%. Restaurant Brands International’s payout ratio is 58.15%.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on QSR. TD Cowen cut their price target on Restaurant Brands International from $82.00 to $80.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Oppenheimer reduced their price target on Restaurant Brands International from $86.00 to $77.00 and set an “outperform” rating on the stock in a research report on Tuesday. Argus dropped their target price on shares of Restaurant Brands International from $85.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Guggenheim lifted their target price on Restaurant Brands International from $73.00 to $74.00 and gave the stock a “neutral” rating in a report on Monday, September 9th. Finally, CIBC reduced their price target on shares of Restaurant Brands International from $88.00 to $86.00 and set an “outperformer” rating for the company in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and sixteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Restaurant Brands International has an average rating of “Moderate Buy” and a consensus target price of $81.92.
Read Our Latest Report on Restaurant Brands International
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.
Read More
- Five stocks we like better than Restaurant Brands International
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Disney: Forging a 3-Headed Sports Streaming Giant With Fubo Deal
- What Does a Stock Split Mean?
- How Buffett’s Best and Worst Stock Bets Have Fared 5 Years Later
- Bank Stocks – Best Bank Stocks to Invest In
- Bill Ackman’s Bold Case for Fannie Mae and Freddie Mac
Receive News & Ratings for Restaurant Brands International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restaurant Brands International and related companies with MarketBeat.com's FREE daily email newsletter.