Restaurant Brands International Inc. (TSE:QSR) Director Joseph Patrick Doyle Sells 42,052 Shares

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Joseph Patrick Doyle sold 42,052 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of C$96.16, for a total value of C$4,043,728.73.

Restaurant Brands International Stock Performance

Shares of QSR opened at C$98.46 on Thursday. The firm has a market cap of C$31.87 billion, a price-to-earnings ratio of 17.90, a PEG ratio of 2.22 and a beta of 0.95. The company has a quick ratio of 0.80, a current ratio of 0.78 and a debt-to-equity ratio of 322.48. The business’s 50 day moving average is C$96.83 and its two-hundred day moving average is C$96.08. Restaurant Brands International Inc. has a 52-week low of C$90.21 and a 52-week high of C$112.12.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last issued its earnings results on Tuesday, November 5th. The company reported C$1.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$1.29 by C($0.02). Restaurant Brands International had a net margin of 16.99% and a return on equity of 37.74%. The company had revenue of C$3.13 billion during the quarter, compared to analyst estimates of C$3.15 billion. Analysts forecast that Restaurant Brands International Inc. will post 7.3241225 EPS for the current fiscal year.

Restaurant Brands International Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 20th will be paid a dividend of $0.785 per share. The ex-dividend date of this dividend is Friday, December 20th. This represents a $3.14 annualized dividend and a yield of 3.19%. Restaurant Brands International’s payout ratio is 57.09%.

Restaurant Brands International Company Profile

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.