Streetbeat News

YUM

Yum! Brands, Inc.

https://www.yum.com

Industry

Restaurants

YUM! Brands, Inc., together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division. The company operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products. As of December 31, 2021, it had 26,934 KFC units; 18,381 Pizza Hut units; 7,791 Taco Bell units; and 318 The Habit Burger Grill units in approximately 157 countries and territories. The company was formerly known as TRICON Global Restaurants, Inc. and changed its name to YUM! Brands, Inc. in May 2002. YUM! Brands, Inc. was incorporated in 1997 and is headquartered in Louisville, Kentucky.

Open

136.37

Mkt cap

39B

Volume

698K

High

138.41

P/E Ratio

25.80

52-wk high

143.20

Low

135.51

Div yield

0.02

52-wk low

123.60

Yum Brands (NYSE:YUM) has seen a 3.23% increase in short interest since its last report, with 4.47 million shares sold short, representing 1.6% of its float. It would take about 3.59 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, Yum Brands has less short interest compared to its peers' average of 9.23%. The rise in short interest doesn't necessarily predict a stock price drop.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 4:30 pm

Yum Brands (NYSE:YUM) is distributing a dividend of $0.60 per share with an annualized yield of 1.91%. Shareholders as of November 27, 2023, are eligible. The company has shown consistent dividend growth from $1.68 in 2019 to $2.28 in 2022 and earnings growth from $2.95 to $4.21 per share over the same period, indicating strong financial health and potential for future dividend increases. Yum Brands's dividend yield is moderate compared to industry peers like Cracker Barrel Old (NASDAQ:CBRL), which leads with a 7.03% yield.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 3:05 pm

Yum! Brands' KFC division has entered into a definitive agreement to acquire over 200 KFC restaurants from franchisee EG Group. The terms of the deal were not disclosed. The transaction is expected to be completed by the end of the first half of 2024 and will be funded from Yum!'s cash flows. It is anticipated to have an immaterial impact on Yum!'s financial results for 2024.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 11:03 am

Over the past 15 years, Yum Brands (NYSE:YUM) has produced an average annual return of 12.43%, outperforming the market by 1.0% on an annualized basis. A $1000 investment in YUM 15 years ago would be worth $6,178.70 today. Yum Brands currently has a market capitalization of $34.86 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 9:30 pm

Yum Brands (NYSE:YUM) has seen a 13.97% increase in short interest since its last report, with 4.34 million shares sold short, representing 1.55% of its float. It would take about 2.85 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, Yum Brands has less short interest compared to its peer group average of 9.42%. The rise in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 3:30 pm

Yum Brands (NYSE:YUM) has announced that it will pay a quarterly dividend of 60.5 cents per share. The ex-dividend date is Monday, meaning shares will trade lower by the dividend amount. Shareholders as of Friday's close are eligible for the dividend, which will be paid on December 8, 2023.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 2:45 pm

Over the past 15 years, Yum Brands (NYSE:YUM) has produced an average annual return of 14.21%, outperforming the market. A $100 investment in YUM 15 years ago would be worth $798.72 today. Yum Brands currently has a market cap of $35.49 billion.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 9:00 pm

Yum Brands (NYSE:YUM) has seen a 7.09% increase in short interest since its last report, with 3.80 million shares sold short, representing 1.36% of available shares. It would take 2.35 days to cover these short positions based on current trading volume. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Yum Brands has less short interest compared to its peer group average of 9.26%.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 6:30 pm

Insiders at Robinhood Markets, Yum! Brands, The Gap, and The Charles Schwab Corporation have recently sold shares. Robinhood's Chief Legal Officer sold 12,500 shares following mixed Q3 results. Yum! Brands' CEO sold 9,600 shares after Q3 sales growth missed analyst estimates. The Gap's EVP sold 8,712 shares as Evercore ISI Group initiated coverage with an Outperform rating. Charles Schwab's CFO sold 3,114 shares after better-than-expected Q3 earnings.

Portfolio Pulse from Lisa Levin

November 08, 2023 | 12:32 pm

Yum Brands (NYSE:YUM) has outperformed the market over the past 20 years by 5.0% on an annualized basis, producing an average annual return of 12.37%. If an investor had bought $100 of YUM stock 20 years ago, it would be worth $1,031.31 today.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 7:00 pm

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