NASDAQ:CAKE

Cheesecake Factory (CAKE) Stock Forecast, Price & News

$30.30

+0.07 (+0.23%)

(As of 09/29/2023 ET)

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Today's Range: $30.13
▼
$30.75
50-Day Range: $28.93
▼
$37.45
52-Week Range: $28.48
▼
$41.28

Volume: 968,494 shs
Average Volume: 818,465 shs
Market Capitalization: $1.55 billion

P/E Ratio: 23.13
Dividend Yield: 3.56%
Price Target: $36.25

Cheesecake Factory MarketRank™ Forecast

Analyst Rating: Reduce
1.88 Rating Score
Upside/Downside: 19.6% Upside
$36.25 Price Target
Short Interest: Bearish
15.45% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -4.02
Upright™ Environmental Score
News Sentiment: 0.15
Based on 12 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 19.19%
From $2.71 to $3.23 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Retail/Wholesale Sector

106th out of 213 stocks

Eating Places Industry

24th out of 39 stocks

2.9

Analyst's Opinion

Consensus Rating
Cheesecake Factory has received a consensus rating of Reduce. The company's average rating score is 1.88, and is based on 2 buy ratings, 10 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $36.25, Cheesecake Factory has a forecasted upside of 19.6% from its current price of $30.30.
Amount of Analyst Coverage
Cheesecake Factory has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
15.45% 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 8.4.
Change versus previous month
Short interest in Cheesecake Factory has recently increased by 2.65%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Leadership
Cheesecake Factory is a leading dividend payer. It pays a dividend yield of 3.56%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cheesecake Factory does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cheesecake Factory is 82.44%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Cheesecake Factory will have a dividend payout ratio of 33.44% next year. This indicates that Cheesecake Factory will be able to sustain or increase its dividend.

1.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cheesecake Factory has received a -22.19% net impact score from Upright. The largest negative impact of Cheesecake Factory in category "Physical diseases" seems to be driven mostly by its "Beer served at a restaurant", "Milkshakes", "French fries", "Pizzeria food", "Fast food hamburgers", and "Wine served at a restaurant" products. See details.
Environmental Sustainability
The Environmental Impact score for Cheesecake Factory is -4.02.

2.3

News and Social Media Coverage

News Sentiment
Cheesecake Factory has a news sentiment score of 0.15. 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 lower news sentiment than the 0.62 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Cheesecake Factory this week, compared to 7 articles on an average week.
Search Interest
Only 12 people have searched for CAKE on MarketBeat in the last 30 days. This is a decrease of -52% compared to the previous 30 days.
MarketBeat Follows
5 people have added Cheesecake Factory to their MarketBeat watchlist in the last 30 days. This is an increase of 400% 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 8.70% of the stock of Cheesecake Factory is held by insiders.
Percentage Held by Institutions
88.68% of the stock of Cheesecake Factory is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Cheesecake Factory are expected to grow by 19.19% in the coming year, from $2.71 to $3.23 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cheesecake Factory is 23.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cheesecake Factory is 23.13, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.71.
Price to Earnings Growth Ratio
Cheesecake Factory has a PEG Ratio of 2.22. 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 5.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Cheesecake Factory (NASDAQ:CAKE) Stock

The Cheesecake Factory Incorporated engages in restaurant business. The company operates two bakeries that produces cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors. It also operates restaurants in the United States and Canada under brands comprising The Cheesecake Factory, North Italia, and a collection of Fox Restaurant Concepts, as well as The Cheesecake Factory restaurants under licensing agreements internationally. The company was founded in 1972 and is headquartered in Calabasas, California.

CAKE Price History

30 days | 90 days | 365 days | Advanced Chart

CAKE Stock News Headlines

October 1, 2023 | msn.com

Newsletter: Don’t fall for this UPS text scam

September 29, 2023 | yahoo.com

The 2-Ingredient Snack Combo Party Shirt Compares To A New York Cheesecake - Exclusive

October 1, 2023 | Behind the Markets (Ad)

"Chilling War Games Show US Forces Crushed" – FOX NEWS

=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>>

September 27, 2023 | msn.com

The Fan-Favorite Treat That’s Finally Back at Sam’s Club

September 27, 2023 | msn.com

The Cheesecake Factory (CAKE): A Culinary Delight But What About the Stock?

September 26, 2023 | yahoo.com

Sam's Club's Bakery Just Brought Back a Fall-Favorite Dessert

September 25, 2023 | msn.com

A Cheesecake Factory Was Wrong With Their Tipping Math So This Customer Sued

September 25, 2023 | americanbankingnews.com

Equities Analysts Offer Predictions for The Cheesecake Factory Incorporated's Q3 2023 Earnings (NASDAQ:CAKE)

October 1, 2023 | Behind the Markets (Ad)

"Chilling War Games Show US Forces Crushed" – FOX NEWS

September 24, 2023 | seekingalpha.com

The Cheesecake Factory: Beaten And Battered

September 23, 2023 | msn.com

10 Unhealthiest Menu Items at The Cheesecake Factory

September 22, 2023 | americanbankingnews.com

The Cheesecake Factory Incorporated (NASDAQ:CAKE) Receives Consensus Recommendation of "Reduce" from Analysts

September 20, 2023 | news.yahoo.com

I went to Chili's for the first time with a friend, and our $102 meal was the best I've ever had at a chain restaurant

September 19, 2023 | au.news.yahoo.com

The Cheesecake Factory Hack That Delivers Buffalo Mac And Cheese

September 17, 2023 | msn.com

Opening Day Set for New Cheesecake Factory at Promenade at Coconut Creek

September 17, 2023 | msn.com

Entrepreneur brings ‘Just Cheesecake’ to El Paso

September 14, 2023 | msn.com

The #1 Healthiest Order at 10 Popular Restaurant Chains

September 11, 2023 | stocknews.com

2 Restaurant Stocks to Buy for Growth, 1 to Watch

September 8, 2023 | msn.com

The Cheesecake Factory Just Added Tempting New Menu Items

September 6, 2023 | msn.com

New Just Cheesecake Outlet to fill niche in El Paso

September 6, 2023 | msn.com

Construction of The Cheesecake Factory Nearing Completion at Promenade at Coconut Creek

September 3, 2023 | yahoo.com

New Cheesecake Outlet to fill niche in El Paso

September 1, 2023 | msn.com

Miley Cyrus Recalls Leaving 'Hannah Montana' for the Cheesecake Factory with Taylor Swift and Demi Lovato

September 1, 2023 | finance.yahoo.com

Why Is Cheesecake Factory (CAKE) Down 11.8% Since Last Earnings Report?

August 31, 2023 | msn.com

The Cheesecake Factory's Cacio E Pepe Isn't The Most Traditional Take On The Dish

August 30, 2023 | msn.com

10 Cheesecake Factory Cheesecake Flavors, Ranked

August 30, 2023 | finance.yahoo.com

How Did The Cheesecake Factory Incorporated's (NASDAQ:CAKE) 20% ROE Fare Against The Industry?

See More Headlines

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CAKE Company Calendar

Last Earnings: 8/02/2023
Ex-Dividend for 8/29 Dividend: 8/15/2023
Dividend Payable: 8/29/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/07/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Eating places
Sub-Industry: Restaurants
Sector: Retail/Wholesale
Current Symbol: NASDAQ:CAKE
CUSIP: 16307210
CIK: 887596
Web: www.thecheesecakefactory.com
Phone: (818) 871-3000
Fax: 818-871-3001
Employees: 47,500
Year Founded: 1978

Price Target and Rating

Average Stock Price Forecast: $36.25
High Stock Price Forecast: $46.00
Low Stock Price Forecast: $29.00
Forecasted Upside/Downside: +19.6%
Consensus Rating: Reduce
Rating Score (0-4): 1.88
Research Coverage: 16 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.31
Trailing P/E Ratio: 23.13
Forward P/E Ratio: 11.18
P/E Growth: 2.22
Net Income: $43.12 million
Net Margins: 1.91%
Pretax Margin: 1.66%
Return on Equity: 32.08%
Return on Assets: 3.61%

Debt

Debt-to-Equity Ratio: 1.44
Current Ratio: 0.48
Quick Ratio: 0.38

Sales & Book Value

Annual Sales: $3.30 billion
Price / Sales: 0.47
Cash Flow: $3.28 per share
Price / Cash Flow: 9.24
Book Value: $5.68 per share
Price / Book: 5.33

Miscellaneous

Outstanding Shares: 51,280,000
Free Float: 46,815,000
Market Cap: $1.55 billion
Optionable: Optionable
Beta: 1.48

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Key Executives

Mr. David M. Overton (Age 77)
Founder, Chairman & CEO
Comp: $1.88M

Mr. David M. Gordon (Age 58)
Pres
Comp: $1.23M

Mr. Matthew Eliot Clark (Age 53)
Exec. VP & CFO
Comp: $914.81k

Ms. Scarlett A. May (Age 57)
Exec. VP, Gen. Counsel & Sec.
Comp: $828.12k

Mr. Keith T. Carango (Age 61)
Pres of The Cheesecake Factory Bakery Incorporated
Comp: $621.1k

Ms. Ashley W. Hanscom (Age 55)
VP, Principal Accounting Officer & Controller

Mr. Etienne Marcus
VP of Fin. & Investor Relations

Ms. Cheryl M. Slomann (Age 57)
Sr. VP of Fin. & Compliance

Mr. Donald Evans
Chief Marketing Officer & Sr. VP

Ms. Dina R. Barmasse-Gray
Sr. VP of HR

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CAKE Stock - Frequently Asked Questions

Should I buy or sell Cheesecake Factory stock right now?: 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cheesecake Factory in the last twelve months. There are currently 4 sell ratings, 10 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" CAKE shares.
View CAKE analyst ratings or view top-rated stocks.
What is Cheesecake Factory's stock price forecast for 2023?: 16 brokers have issued 1 year price targets for Cheesecake Factory's stock. Their CAKE share price forecasts range from $29.00 to $46.00. On average, they predict the company's stock price to reach $36.25 in the next year. This suggests a possible upside of 19.6% 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 2023?: Cheesecake Factory's stock was trading at $31.71 at the start of the year. Since then, CAKE stock has decreased by 4.4% and is now trading at $30.30.
View the best growth stocks for 2023 here.
When is Cheesecake Factory's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our CAKE earnings forecast.
How were Cheesecake Factory's earnings last quarter?: The Cheesecake Factory Incorporated (NASDAQ:CAKE) released its quarterly earnings results on Wednesday, August, 2nd. The restaurant operator reported $0.88 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.07. The restaurant operator had revenue of $866.20 million for the quarter, compared to the consensus estimate of $880.15 million. Cheesecake Factory had a net margin of 1.91% and a trailing twelve-month return on equity of 32.08%. Cheesecake Factory's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.52 EPS.
How often does Cheesecake Factory pay dividends? What is the dividend yield for Cheesecake Factory?: Cheesecake Factory announced a quarterly dividend on Thursday, July 27th. Shareholders of record on Wednesday, August 16th will be given a dividend of $0.27 per share on Tuesday, August 29th. This represents a $1.08 annualized dividend and a dividend yield of 3.56%. The ex-dividend date of this dividend is Tuesday, August 15th.
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).
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 3.56%. The dividend payout ratio is 82.44%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CAKE will have a dividend payout ratio of 33.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CAKE.

What guidance has Cheesecake Factory issued on next quarter's earnings?: Cheesecake Factory issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $835.00 million-$855.00 million, compared to the consensus revenue estimate of $851.36 million.
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).
What is Cheesecake Factory's stock symbol?: Cheesecake Factory trades on the NASDAQ under the ticker symbol "CAKE."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Cheesecake Factory's stock price today?: One share of CAKE stock can currently be purchased for approximately $30.30.
How much money does Cheesecake Factory make?: Cheesecake Factory (NASDAQ:CAKE) has a market capitalization of $1.55 billion and generates $3.30 billion in revenue each year. The restaurant operator earns $43.12 million in net income (profit) each year or $1.31 on an earnings per share basis.
How many employees does Cheesecake Factory have?: The company employs 47,500 workers across the globe.
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.
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How can I contact Cheesecake Factory?: Cheesecake Factory's mailing address is 26901 MALIBU HILLS RD, CALABASAS HILLS CA, 91301. The official website for the company is www.thecheesecakefactory.com. The restaurant operator can be reached via phone at (818) 871-3000, via email at investorrelations@thecheesecakefactory.com, or via fax at 818-871-3001.

This page (NASDAQ:CAKE) was last updated on 10/1/2023 by MarketBeat.com Staff

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