News headlines about Restaurant Brands International (NYSE:QSR) (TSE:QSR) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Restaurant Brands International earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media coverage about the restaurant operator an impact score of 45.5928620210974 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the headlines that may have impacted Accern’s scoring:

Several analysts have recently commented on QSR shares. Zacks Investment Research downgraded Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 19th. CIBC upgraded Restaurant Brands International from a “market perform” rating to an “outperform” rating and set a $70.00 target price for the company in a research note on Wednesday, June 14th. Nomura started coverage on Restaurant Brands International in a research note on Wednesday, July 12th. They issued a “buy” rating and a $73.00 target price for the company. Piper Jaffray Companies restated an “overweight” rating and issued a $66.00 target price on shares of Restaurant Brands International in a research note on Tuesday, June 6th. Finally, Scotiabank raised their target price on Restaurant Brands International from $63.00 to $65.00 and gave the company an “outperform” rating in a research note on Thursday, August 3rd. Six research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Restaurant Brands International has a consensus rating of “Buy” and an average price target of $63.75.

Restaurant Brands International (NYSE QSR) traded up 0.96% during trading on Thursday, reaching $61.03. The company’s stock had a trading volume of 673,685 shares. Restaurant Brands International has a one year low of $42.35 and a one year high of $62.94. The firm has a market cap of $14.42 billion, a PE ratio of 42.71 and a beta of 1.77. The company has a 50-day moving average of $60.86 and a 200 day moving average of $58.56.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its earnings results on Wednesday, August 2nd. The restaurant operator reported $0.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.06. Restaurant Brands International had a net margin of 12.66% and a return on equity of 22.71%. The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter last year, the firm earned $0.41 earnings per share. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. Analysts expect that Restaurant Brands International will post $1.89 EPS for the current fiscal year.

Restaurant Brands International declared that its Board of Directors has authorized a share buyback plan on Wednesday, August 2nd that allows the company to buyback $300.00 million in shares. This buyback authorization allows the restaurant operator to buy up to 2.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Friday, September 15th will be paid a dividend of $0.20 per share. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.31%. Restaurant Brands International’s dividend payout ratio (DPR) is currently 52.78%.

In other news, EVP Jose E. Cil sold 105,540 shares of the stock in a transaction that occurred on Friday, June 16th. The shares were sold at an average price of $59.86, for a total transaction of $6,317,624.40. Following the sale, the executive vice president now owns 58,644 shares in the company, valued at $3,510,429.84. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Jose E. Cil sold 142,700 shares of the stock in a transaction that occurred on Wednesday, June 14th. The shares were sold at an average price of $59.05, for a total transaction of $8,426,435.00. Following the sale, the executive vice president now owns 21,684 shares in the company, valued at approximately $1,280,440.20. The disclosure for this sale can be found here. Insiders have sold 250,000 shares of company stock valued at $14,849,219 in the last ninety days. Insiders own 4.20% of the company’s stock.

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Restaurant Brands International Company Profile

Restaurant Brands International Inc is a quick service restaurant (QSR) company. The Company had over 20,000 restaurants in more than 100 countries and the United States territories, as of December 31, 2016. It operates through two segments: Tim Hortons (TH) and Burger King (BK). Tim Hortons restaurants are quick service restaurants with a menu that includes blend coffee, tea, espresso-based hot and cold specialty drinks, baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps and soups, among others.

Insider Buying and Selling by Quarter for Restaurant Brands International (NYSE:QSR)

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