Edie Ames Acquires 500 Shares of Cheesecake Factory (NASDAQ:CAKE) Stock

Key Points

• Director Edie Ames purchased 500 Cheesecake Factory shares at an average price of $49.51, investing $24,755 and increasing her ownership to 13,000 shares.
• Cheesecake Factory exceeded quarterly expectations, reporting $1.44 in EPS versus the $1.18 consensus estimate and $1.03 billion in revenue, up 7.7% year over year.
• The company declared a quarterly dividend of $0.30 per share, or $1.20 annualized. Analysts maintain a consensus “Hold” rating with an average price target of $81, below the stock’s reported $117.29 price.

The Cheesecake Factory Incorporated (NASDAQ:CAKE - Get Free Report) Director Edie Ames purchased 500 shares of the business's stock in a transaction that occurred on Monday, March 12th. The stock was acquired at an average price of $49.51 per share, with a total value of $24,755.00. Following the purchase, the director owned 13,000 shares in the company, valued at $643,630. This represents a 4.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Cheesecake Factory Price Performance

Shares of CAKE stock traded up $4.23 during trading hours on Wednesday, hitting $117.29. 2,179,129 shares of the company's stock were exchanged, compared to its average volume of 1,943,661. The company has a quick ratio of 0.52, a current ratio of 0.59 and a debt-to-equity ratio of 1.08. The firm has a market cap of $5.84 billion, a P/E ratio of 31.79, a P/E/G ratio of 2.04 and a beta of 1.00. The firm has a 50 day moving average of $84.71 and a two-hundred day moving average of $68.99. The Cheesecake Factory Incorporated has a fifty-two week low of $43.07 and a fifty-two week high of $117.97.

Cheesecake Factory (NASDAQ:CAKE - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The restaurant operator reported $1.44 EPS for the quarter, topping the consensus estimate of $1.18 by $0.26. The company had revenue of $1.03 billion during the quarter, compared to analyst estimates of $999.54 million. Cheesecake Factory had a net margin of 4.61% and a return on equity of 43.97%. The firm's revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.16 EPS. Sell-side analysts forecast that The Cheesecake Factory Incorporated will post 4.43 EPS for the current year.

Cheesecake Factory Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Tuesday, August 11th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Tuesday, August 11th. Cheesecake Factory's dividend payout ratio is 32.52%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Bank of America increased their target price on Cheesecake Factory from $66.00 to $79.00 and gave the company a "neutral" rating in a report on Thursday, July 2nd. Oppenheimer increased their price objective on Cheesecake Factory from $91.00 to $101.00 and gave the company an "outperform" rating in a research note on Wednesday, July 29th. Wells Fargo & Company lifted their target price on shares of Cheesecake Factory from $65.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 16th. Northcoast Research lowered Cheesecake Factory from a "buy" rating to a "neutral" rating in a research report on Monday, June 15th. Finally, Morgan Stanley upgraded Cheesecake Factory from an "underweight" rating to an "equal weight" rating and lifted their price objective for the stock from $50.00 to $80.00 in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $81.00.

Trending Headlines about Cheesecake Factory

Here are the key news stories impacting Cheesecake Factory this week:

• Positive Sentiment: Follow-through from the July earnings report appears to be the primary catalyst. Second-quarter revenue exceeded $1 billion, comparable sales rose 5.8%, traffic increased 2.7%, and restaurant-level margins reached approximately 20%—reportedly the company’s strongest level in about a decade. The dividend and share repurchases also reinforced confidence in cash generation. Cheesecake Factory Rises as Strong Q2 Results Continue to Support Shares
• Positive Sentiment: Zacks Research raised its earnings forecasts across several periods, including Q3 2026 EPS to $0.84 from $0.70 and full-year 2027 EPS to $4.64 from $4.24. The firm reiterated a “Strong Buy” rating, signaling expectations for continued earnings momentum. Zacks Research earnings estimate changes
• Positive Sentiment: CAKE was named to PEOPLE’s 2026 Companies That Care list for the sixth consecutive year, ranking No. 30. The recognition may support employee retention and brand reputation, though its direct financial effect is limited. The Cheesecake Factory Named to the PEOPLE Companies That Care List
• Positive Sentiment: A Zacks industry article included CAKE among restaurant stocks positioned to benefit from steady industry sales growth, value-oriented dining demand, and chain adaptation to consumer preferences. 4 Stocks to Buy as Restaurant Industry Continues to Make Steady Growth

Hedge Funds Weigh In On Cheesecake Factory

Several hedge funds have recently bought and sold shares of CAKE. Salomon & Ludwin LLC grew its position in Cheesecake Factory by 226.5% in the 4th quarter. Salomon & Ludwin LLC now owns 604 shares of the restaurant operator's stock valued at $33,000 after acquiring an additional 419 shares in the last quarter. Allworth Financial LP acquired a new position in shares of Cheesecake Factory in the second quarter valued at approximately $36,000. Global Retirement Partners LLC increased its stake in Cheesecake Factory by 661.7% during the 4th quarter. Global Retirement Partners LLC now owns 716 shares of the restaurant operator's stock worth $36,000 after buying an additional 622 shares during the period. NFSG Corp lifted its holdings in Cheesecake Factory by 115.8% during the 1st quarter. NFSG Corp now owns 682 shares of the restaurant operator's stock worth $37,000 after buying an additional 366 shares in the last quarter. Finally, Root Financial Partners LLC boosted its position in Cheesecake Factory by 973.2% in the 4th quarter. Root Financial Partners LLC now owns 880 shares of the restaurant operator's stock valued at $44,000 after buying an additional 798 shares during the period. Institutional investors and hedge funds own 94.48% of the company's stock.

Cheesecake Factory Company Profile

The Cheesecake Factory Incorporated NASDAQ: CAKE is an American restaurant company and distributor renowned for its full-service casual-dining concept and specialty cheesecakes. Headquartered in Calabasas Hills, California, the company operates more than 200 restaurants under The Cheesecake Factory® brand across the United States, Puerto Rico and select international markets. In addition to sit-down dining, Cheesecake Factory franchised locations offer catering and take-out services, while a separate manufacturing arm supplies branded cheesecakes and desserts to supermarkets, hotels and other foodservice operators.

The origins of the brand trace back to a small cheesecake bakery founded in Detroit in the 1940s.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source