Cheesecake Factory (CAKE) Stock Price, News & Analysis

$35.48
+1.17 (+3.41%)
(As of 04/23/2024 ET)
Today's Range
$34.60
$35.63
50-Day Range
$33.45
$37.06
52-Week Range
$28.58
$38.19
Volume
757,068 shs
Average Volume
821,651 shs
Market Capitalization
$1.81 billion
P/E Ratio
17.22
Dividend Yield
3.04%
Price Target
$35.64

Cheesecake Factory MarketRank™ Stock Analysis

Analyst Rating
Hold
2.08 Rating Score
Upside/​Downside
0.4% Upside
$35.64 Price Target
Short Interest
Bearish
13.68% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.25
Upright™ Environmental Score
News Sentiment
0.56mentions of Cheesecake Factory in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.70%
From $3.07 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.

3.68 out of 5 stars

Retail/Wholesale Sector

83rd out of 200 stocks

Eating Places Industry

18th out of 41 stocks

CAKE stock logo

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

CAKE Stock News Headlines

Foodie Finds: Cheesecake Funk
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Barclays Reaffirms Their Sell Rating on Cheesecake Factory (CAKE)
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5 Analysts Assess Cheesecake Factory: What You Need To Know
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 3/19 Dividend
3/05/2024
Dividend Payable
3/19/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants
Current Symbol
NASDAQ:CAKE
CUSIP
16307210
Employees
47,900
Year Founded
1978

Price Target and Rating

Average Stock Price Target
$35.64
High Stock Price Target
$46.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+0.4%
Consensus Rating
Hold
Rating Score (0-4)
2.08
Research Coverage
13 Analysts

Profitability

Net Income
$101.35 million
Pretax Margin
2.91%

Debt

Sales & Book Value

Annual Sales
$3.44 billion
Cash Flow
$4.63 per share
Book Value
$6.26 per share

Miscellaneous

Free Float
46,597,000
Market Cap
$1.81 billion
Optionable
Optionable
Beta
1.48

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Key Executives


CAKE Stock Analysis - Frequently Asked Questions

Should I buy or sell Cheesecake Factory stock right now?

13 Wall Street research 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 4 buy ratings for the stock. The consensus among Wall Street research 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?

13 brokerages have issued 1-year price objectives for Cheesecake Factory's shares. Their CAKE share price targets range from $28.00 to $46.00. On average, they expect the company's stock price to reach $35.64 in the next twelve months. This suggests a possible upside of 0.4% 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 start of the year. Since then, CAKE stock has increased by 1.3% and is now trading at $35.48.
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, May 8th 2024.
View our CAKE earnings forecast
.

How can I listen to Cheesecake Factory's earnings call?

Cheesecake Factory will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Cheesecake Factory's earnings last quarter?

The Cheesecake Factory Incorporated (NASDAQ:CAKE) issued its quarterly earnings results on Wednesday, February, 21st. The restaurant operator reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.07. The restaurant operator had revenue of $877 million for the quarter, compared to the consensus estimate of $876.17 million. Cheesecake Factory had a net margin of 2.95% and a trailing twelve-month return on equity of 41.66%. Cheesecake Factory's revenue for the quarter was down 1.8% on a year-over-year basis. During the same period last year, the firm posted $0.56 EPS.

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

Cheesecake Factory announced a quarterly dividend on Thursday, February 15th. Shareholders of record on Wednesday, March 6th will be given a dividend of $0.27 per share on Tuesday, March 19th. This represents a $1.08 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend is Tuesday, March 5th.
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 3.18%. The dividend payout ratio is 52.43%. 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?
What guidance has Cheesecake Factory issued on next quarter's earnings?

Cheesecake Factory updated its FY 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.6 billion-$3.6 billion, compared to the consensus revenue estimate of $3.7 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 institutional and retail investors. Top institutional shareholders include Leeward Investments LLC MA (0.43%), New Century Financial Group LLC (0.06%), Louisiana State Employees Retirement System (0.05%) and Allspring Global Investments Holdings LLC (0.00%). Insiders that own company stock include Alexander L Cappello, Cheryl Slomann, David Bruce Pittaway, David M Gordon, Edie A Ames and Matthew Eliot Clark.
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
This page (NASDAQ:CAKE) was last updated on 4/23/2024 by MarketBeat.com Staff

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