What is Scotiabank’s Forecast for QSR FY2026 Earnings?

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) – Equities researchers at Scotiabank cut their FY2026 EPS estimates for shares of Restaurant Brands International in a report released on Thursday, February 19th. Scotiabank analyst J. Zamparo now forecasts that the restaurant operator will post earnings per share of $4.02 for the year, down from their previous estimate of $4.07. Scotiabank has a “Sector Perform” rating and a $71.00 price target on the stock. The consensus estimate for Restaurant Brands International’s current full-year earnings is $3.72 per share. Scotiabank also issued estimates for Restaurant Brands International’s FY2027 earnings at $4.39 EPS.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings results on Thursday, February 12th. The restaurant operator reported $0.96 EPS for the quarter, topping the consensus estimate of $0.93 by $0.03. The business had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.41 billion. Restaurant Brands International had a return on equity of 32.73% and a net margin of 8.23%.The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the business posted $0.81 earnings per share.

Several other analysts have also recently issued reports on QSR. BMO Capital Markets reduced their price target on shares of Restaurant Brands International from $83.00 to $81.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. Citigroup cut their target price on shares of Restaurant Brands International from $74.00 to $72.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 3rd. Sanford C. Bernstein set a $82.00 target price on shares of Restaurant Brands International in a report on Friday, February 13th. Royal Bank Of Canada decreased their price target on shares of Restaurant Brands International from $82.00 to $80.00 and set an “outperform” rating for the company in a research report on Friday, February 13th. Finally, Barclays cut their price objective on Restaurant Brands International from $86.00 to $82.00 and set an “overweight” rating on the stock in a research report on Friday, February 13th. Twelve analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $76.62.

Restaurant Brands International Price Performance

QSR opened at $68.54 on Friday. The stock’s 50-day moving average price is $68.75 and its 200 day moving average price is $67.43. Restaurant Brands International has a 12-month low of $58.71 and a 12-month high of $73.70. The firm has a market cap of $23.75 billion, a price-to-earnings ratio of 29.04, a PEG ratio of 2.10 and a beta of 0.58. The company has a current ratio of 1.06, a quick ratio of 0.98 and a debt-to-equity ratio of 2.65.

Restaurant Brands International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Thursday, March 19th will be paid a $0.65 dividend. 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 3.8%. The ex-dividend date is Thursday, March 19th. Restaurant Brands International’s payout ratio is 105.08%.

Insider Buying and Selling

In other news, insider Jill Granat sold 1,925 shares of the firm’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $67.44, for a total transaction of $129,822.00. Following the sale, the insider owned 458,280 shares of the company’s stock, valued at approximately $30,906,403.20. This trade represents a 0.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Thiago T. Santelmo sold 699 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $67.44, for a total value of $47,140.56. Following the sale, the insider owned 64,088 shares of the company’s stock, valued at approximately $4,322,094.72. The trade was a 1.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 101,911 shares of company stock valued at $7,189,969 over the last 90 days. 1.25% of the stock is currently owned by corporate insiders.

Institutional Trading of Restaurant Brands International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC acquired a new position in shares of Restaurant Brands International in the 1st quarter valued at $237,000. Yousif Capital Management LLC raised its stake in Restaurant Brands International by 113.1% during the 2nd quarter. Yousif Capital Management LLC now owns 7,197 shares of the restaurant operator’s stock worth $477,000 after acquiring an additional 3,819 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its position in Restaurant Brands International by 1.3% in the second quarter. DekaBank Deutsche Girozentrale now owns 42,344 shares of the restaurant operator’s stock valued at $2,794,000 after acquiring an additional 523 shares during the last quarter. Cullen Frost Bankers Inc. boosted its stake in Restaurant Brands International by 90.6% in the second quarter. Cullen Frost Bankers Inc. now owns 128,943 shares of the restaurant operator’s stock valued at $8,548,000 after acquiring an additional 61,286 shares in the last quarter. Finally, Cardinal Point Capital Management ULC purchased a new position in shares of Restaurant Brands International during the second quarter worth about $258,000. Institutional investors and hedge funds own 82.29% of the company’s stock.

About Restaurant Brands International

Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company formed through the combination of established brands. The company’s principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International’s business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.

RBI’s restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.