Restaurant Brands International Inc. (TSE:QSR) Senior Officer Sells C$972,247.68 in Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Senior Officer Sami Siddiqui sold 9,929 shares of Restaurant Brands International stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of C$97.92, for a total value of C$972,247.68.

Restaurant Brands International Price Performance

QSR stock opened at C$94.91 on Friday. Restaurant Brands International Inc. has a 52-week low of C$86.06 and a 52-week high of C$110.34. The business has a fifty day moving average of C$91.48 and a two-hundred day moving average of C$94.44. The stock has a market cap of C$21.55 billion, a price-to-earnings ratio of 19.04, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 494.65.

Restaurant Brands International Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, April 4th will be issued a $0.62 dividend. The ex-dividend date of this dividend is Friday, March 21st. This represents a $2.48 annualized dividend and a yield of 2.61%. Restaurant Brands International’s dividend payout ratio (DPR) is currently 62.98%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Argus lowered Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. Guggenheim upgraded shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th. Finally, TD Cowen lowered shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 14th.

Restaurant Brands International Company Profile

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.