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 company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of C$96.16, for a total transaction of C$4,043,728.73.

Restaurant Brands International Price Performance

Restaurant Brands International stock opened at C$97.34 on Wednesday. The stock has a market cap of C$31.51 billion, a price-to-earnings ratio of 17.70, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The firm has a 50-day moving average of C$96.77 and a two-hundred day moving average of C$96.10. Restaurant Brands International Inc. has a 1 year low of C$90.21 and a 1 year high of C$112.12. The company has a debt-to-equity ratio of 322.48, a current ratio of 0.78 and a quick ratio of 0.80.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last released its quarterly earnings data on Tuesday, November 5th. The company reported C$1.27 EPS for the quarter, missing the consensus estimate of C$1.29 by C($0.02). The firm had revenue of C$3.13 billion for the quarter, compared to analysts’ expectations of C$3.15 billion. Restaurant Brands International had a return on equity of 37.74% and a net margin of 16.99%. On average, research analysts forecast that Restaurant Brands International Inc. will post 7.3241225 earnings per share for the current year.

Restaurant Brands International Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 20th will be issued a $0.785 dividend. The ex-dividend date is Friday, December 20th. This represents a $3.14 annualized dividend and a dividend yield of 3.23%. Restaurant Brands International’s payout ratio is currently 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.