Should I buy or sell Cheesecake Factory stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cheesecake Factory in the last year. There are currently 3 sell ratings, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CAKE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAKE, but not buy additional shares or sell existing shares. View CAKE analyst ratings or view top-rated stocks .

What is Cheesecake Factory's stock price target for 2024?

14 Wall Street research analysts have issued 12-month price targets for Cheesecake Factory's stock. Their CAKE share price targets range from $28.00 to $47.00. On average, they predict the company's share price to reach $37.67 in the next year. This suggests a possible upside of 0.0% from the stock's current price. View analysts price targets for CAKE or view top-rated stocks among Wall Street analysts .

How have CAKE shares performed in 2024?

Cheesecake Factory's stock was trading at $35.01 at the beginning of the year. Since then, CAKE shares have increased by 7.5% and is now trading at $37.65. View the best growth stocks for 2024 here .

When is Cheesecake Factory's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our CAKE earnings forecast .

How were Cheesecake Factory's earnings last quarter?

The Cheesecake Factory Incorporated (NASDAQ:CAKE) issued its earnings results on Wednesday, May, 8th. The restaurant operator reported $0.73 EPS for the quarter, beating the consensus estimate of $0.63 by $0.10. The restaurant operator had revenue of $891.22 million for the quarter, compared to analyst estimates of $890.49 million. Cheesecake Factory had a trailing twelve-month return on equity of 42.15% and a net margin of 3.07%. The business's revenue for the quarter was up 2.9% on a year-over-year basis. During the same period last year, the company posted $0.61 EPS.

How often does Cheesecake Factory pay dividends? What is the dividend yield for Cheesecake Factory?

Cheesecake Factory announced a quarterly dividend on Wednesday, May 8th. Investors of record on Wednesday, May 22nd will be given a dividend of $0.27 per share on Tuesday, June 4th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date is Tuesday, May 21st. Read our dividend analysis for CAKE .

Is Cheesecake Factory a good dividend stock?

Cheesecake Factory (NASDAQ:CAKE) pays an annual dividend of $1.08 per share and currently has a dividend yield of 2.87%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 49.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAKE will have a dividend payout ratio of 31.21% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CAKE .

What ETFs hold Cheesecake Factory's stock?

ETFs with the largest weight of Cheesecake Factory (NASDAQ:CAKE) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) . WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) .

What guidance has Cheesecake Factory issued on next quarter's earnings?

Cheesecake Factory issued an update on its FY 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.6 billion-$3.6 billion, compared to the consensus revenue estimate of $3.6 billion.

What is David Overton's approval rating as Cheesecake Factory's CEO?

1,241 employees have rated Cheesecake Factory Chief Executive Officer David Overton on Glassdoor.com . David Overton has an approval rating of 80% among the company's employees.

What other stocks do shareholders of Cheesecake Factory own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cheesecake Factory investors own include Carnival Co. & (CCL) , Wolverine World Wide (WWW) , Walgreens Boots Alliance (WBA) , Wendy's (WEN) , Xerox (XRX) , General Electric (GE) , Intel (INTC) , Bank of America (BAC) , Marriott International (MAR) and Delta Air Lines (DAL) .

Who are Cheesecake Factory's major shareholders?

Cheesecake Factory's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.69%), William Blair Investment Management LLC (1.49%), First Eagle Investment Management LLC (0.78%), Principal Financial Group Inc. (0.48%), Leeward Investments LLC MA (0.43%) and Scout Investments Inc. (0.30%). Insiders that own company stock include Alexander L Cappello , David Bruce Pittaway and Edie A Ames . View institutional ownership trends .

How do I buy shares of Cheesecake Factory?

Shares of CAKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Cheesecake Factory have any subsidiaries?

The following companies are subsidiares of Cheesecake Factory: BirdChili Asian Kitchen Incorporated, C.F.I. Promotions CA Co. LLC, CCF Asia IP Corporation, CCF Asia Operating Corporation, CCF China Operating Corporation, CCF Latin America Corporation, CCF Latin America IP Corporation, CCF Mexico LLC, Cheesecake Factory Restaurants of Kansas LLC, Cherry Hill One LLC, Fox Restaurant Concepts LLC, Grand Lux Cafe LLC, Hawaii Cheesecake Factory Restaurants Inc., Middle East IP Corporation, Middle East T.C.F. Corporation, North Restaurants LLC, Rock Sugar Incorporated, TCF California Holding Company, TCF Canada Inc., TCF Co. LLC, The Cheesecake Factory Bakery Incorporated, The Cheesecake Factory Restaurants Inc., The Cheesecake Factory of Howard County LLC, and The Houston Cheesecake Factory Corporation. Read More

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NASDAQ:CAKE

Cheesecake Factory (CAKE) Stock Price, News & Analysis

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$37.65

+1.59 (+4.41%)

(As of 05/10/2024 ET)

Compare

Today's Range: $36.75
▼
$37.78
50-Day Range: $33.45
▼
$37.65
52-Week Range: $28.58
▼
$38.19

Volume: 2.51 million shs
Average Volume: 960,332 shs
Market Capitalization: $1.92 billion

P/E Ratio: 17.27
Dividend Yield: 2.87%
Price Target: $37.67

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Cheesecake Factory MarketRank™ Stock Analysis

Analyst Rating: Hold
2.14 Rating Score
Upside/Downside: 0.0% Upside
$37.67 Price Target
Short Interest: Bearish
14.51% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -4.25
Upright™ Environmental Score
News Sentiment: 0.65
Based on 57 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.54%
From $3.13 to $3.46 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.02 out of 5 stars

Retail/Wholesale Sector

63rd out of 202 stocks

Eating Places Industry

15th out of 41 stocks

2.1

Analyst's Opinion

Consensus Rating
Cheesecake Factory has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 5 buy ratings, 6 hold ratings, and 3 sell ratings.
Amount of Analyst Coverage
Cheesecake Factory has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Read more about Cheesecake Factory's stock forecast and price target.

2.0

Short Interest

Percentage of Shares Shorted
14.51% of the float of Cheesecake Factory has been sold short.
Short Interest Ratio / Days to Cover
Cheesecake Factory has a short interest ratio ("days to cover") of 8.
Change versus previous month
Short interest in Cheesecake Factory has recently decreased by 2.84%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
Cheesecake Factory pays a meaningful dividend of 2.87%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cheesecake Factory has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Cheesecake Factory is 49.54%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cheesecake Factory will have a dividend payout ratio of 31.21% next year. This indicates that Cheesecake Factory will be able to sustain or increase its dividend.
Read more about Cheesecake Factory's dividend.

1.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cheesecake Factory has received a -12.62% net impact score from Upright. The largest negative impact of Cheesecake Factory in category "Physical diseases" seems to be driven mostly by its "Pizzeria food", "Beer served at a restaurant", "Sweet baked goods", "Ice cream", "Wine served at a restaurant", and "Spaghetti dishes " products. See details.
Environmental Sustainability
The Environmental Impact score for Cheesecake Factory is -4.25.

3.1

News and Social Media Coverage

News Sentiment
Cheesecake Factory has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 57 news articles for Cheesecake Factory this week, compared to 10 articles on an average week.
Search Interest
21 people have searched for CAKE on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Cheesecake Factory to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cheesecake Factory insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.10% of the stock of Cheesecake Factory is held by insiders.
Percentage Held by Institutions
94.48% of the stock of Cheesecake Factory is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about Cheesecake Factory's insider trading history.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Cheesecake Factory are expected to grow by 10.54% in the coming year, from $3.13 to $3.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cheesecake Factory is 17.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cheesecake Factory is 17.27, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.31.
Price to Earnings Growth Ratio
Cheesecake Factory has a PEG Ratio of 1.23. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Cheesecake Factory has a P/B Ratio of 5.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Read more about Cheesecake Factory's valuation and earnings.

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About Cheesecake Factory Stock (NASDAQ:CAKE)

The Cheesecake Factory Incorporated operates and licenses restaurants in the United States and Canada. The company operates bakeries that produce cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors. It operates restaurants under the brands comprising The Cheesecake Factory, North Italia, Flower Child, Fox Restaurant Concepts. The Cheesecake Factory Incorporated was founded in 1972 and is headquartered in Calabasas, California.

CAKE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CAKE Stock News Headlines

May 12, 2024 | msn.com

Kathy Hilton confirms husband Rick’s favorite chicken dish at Cheesecake Factory after viral video mystery

May 12, 2024 | finance.yahoo.com

Cheesecake Factory (NASDAQ:CAKE) Is Paying Out A Dividend Of $0.27

May 12, 2024 | Banyan Hill Publishing (Ad)

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