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

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Joseph Patrick Doyle sold 42,052 shares of the firm’s stock in a transaction that occurred on 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 Down 0.3 %

TSE QSR opened at C$97.34 on Wednesday. The stock has a 50 day moving average price of C$96.77 and a 200-day moving average price of C$96.10. Restaurant Brands International Inc. has a one year low of C$90.21 and a one year high of C$112.12. The company has a market capitalization of C$31.51 billion, a P/E ratio of 17.70, a P/E/G ratio of 2.22 and a beta of 0.95. The company has a debt-to-equity ratio of 322.48, a quick ratio of 0.80 and a current ratio of 0.78.

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

Restaurant Brands International Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 20th will be given a $0.785 dividend. The ex-dividend date of this dividend is Friday, December 20th. This represents a $3.14 dividend on an annualized basis and a yield of 3.23%. Restaurant Brands International’s dividend payout ratio is presently 57.09%.

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.