Restaurant Brands International Inc. (TSE:QSR – Get Free Report) (NYSE:QSR) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$96.01 and traded as low as C$90.88. Restaurant Brands International shares last traded at C$91.59, with a volume of 727,989 shares changing hands.
Analyst Ratings Changes
Separately, Argus raised Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on Restaurant Brands International
Restaurant Brands International Price Performance
Restaurant Brands International (TSE:QSR – Get Free Report) (NYSE:QSR) last released its quarterly earnings data on Thursday, October 30th. The company reported C$1.03 earnings per share for the quarter. Restaurant Brands International had a return on equity of 41.85% and a net margin of 16.02%.The company had revenue of C$3.41 billion for the quarter. Equities research analysts expect that Restaurant Brands International Inc. will post 7.3241225 earnings per share for the current fiscal year.
Restaurant Brands International Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Tuesday, January 6th were paid a $0.62 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $2.48 annualized dividend and a yield of 2.7%. Restaurant Brands International’s payout ratio is currently 87.14%.
About Restaurant Brands International
Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton’s supply chain operations. Formed in 2014 after 3G Capital’s acquisition of Tim Horton’s International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton’s (5,300 units), and Popeyes Louisiana Kitchen (3,700 units).
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