NASDAQ:CAKE - Cheesecake Factory Stock Price, Forecast & News

Cheesecake Factory's stock was trading at $25.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CAKE stock has decreased by 35.8% and is now trading at $16.18. View which stocks have been mosted impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cheesecake Factory in the last year. There are currently 2 sell ratings, 11 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cheesecake Factory.

Cheesecake Factory is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Cheesecake Factory.

Cheesecake Factory Inc (NASDAQ:CAKE) released its quarterly earnings results on Wednesday, February, 19th. The restaurant operator reported $0.58 EPS for the quarter, missing analysts' consensus estimates of $0.61 by $0.03. The restaurant operator had revenue of $694.03 million for the quarter, compared to analysts' expectations of $671.79 million. Cheesecake Factory had a return on equity of 21.28% and a net margin of 5.13%. The company's quarterly revenue was up 18.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 EPS. View Cheesecake Factory's earnings history.

Cheesecake Factory declared a quarterly dividend on Wednesday, February 19th. Shareholders of record on Monday, March 9th will be given a dividend of $0.36 per share on Friday, March 20th. This represents a $1.44 dividend on an annualized basis and a yield of 8.90%. The ex-dividend date of this dividend is Friday, March 6th. View Cheesecake Factory's dividend history.

Cheesecake Factory issued an update on its FY20 earnings guidance on Wednesday, February, 19th. The company provided EPS guidance of $2.70-2.86 for the period, compared to the Thomson Reuters consensus estimate of $2.77. The company issued revenue guidance of ~$2.943 billion, compared to the consensus revenue estimate of $2.94 billion.

16 Wall Street analysts have issued 1-year price targets for Cheesecake Factory's stock. Their forecasts range from $18.00 to $61.00. On average, they expect Cheesecake Factory's stock price to reach $43.38 in the next twelve months. This suggests a possible upside of 168.1% from the stock's current price. View analysts' price targets for Cheesecake Factory.

Media coverage about CAKE stock has trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cheesecake Factory earned a news sentiment score of -4.0 on InfoTrie's scale. They also gave headlines about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutCheesecake Factory.

Cheesecake Factory saw a drop in short interest in the month of March. As of March 13th, there was short interest totaling 9,708,800 shares, a drop of 6.7% from the February 27th total of 10,410,000 shares. Based on an average trading volume of 1,955,200 shares, the days-to-cover ratio is currently 5.0 days. Approximately 23.6% of the shares of the company are sold short. View Cheesecake Factory's Current Options Chain.

Some companies that are related to Cheesecake Factory include Mcdonald's (MCD), Starbucks (SBUX), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), Domino's Pizza (DPZ), Darden Restaurants (DRI), Dunkin Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Jack in the Box (JACK), Bloomin' Brands (BLMN), Dine Brands Global (DIN) and Brinker International (EAT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cheesecake Factory investors own include Wolverine World Wide (WWW), Carnival (CCL), Wendys (WEN), Walgreens Boots Alliance (WBA), Xerox (XRX), General Electric (GE), Fifth Third Bancorp (FITB), AON (AON), Conduent (CNDT) and Andersons (ANDE).

Cheesecake Factory trades on the NASDAQ under the ticker symbol "CAKE."

Cheesecake Factory's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wealth Quarterback LLC (365.39%), Macquarie Group Ltd. (5.70%), Macquarie Group Ltd. (5.66%), Kayne Anderson Rudnick Investment Management LLC (5.09%), Bank of New York Mellon Corp (3.92%) and State Street Corp (3.17%). Company insiders that own Cheesecake Factory stock include Alexander L Cappello, Cheryl Slomann, David M Gordon, David Overton, Debby R Zurzolo, Edie A Ames and Laurence B Mindel. View institutional ownership trends for Cheesecake Factory.

CAKE stock was sold by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Kayne Anderson Rudnick Investment Management LLC, GAM Holding AG, Gabelli Funds LLC, Royce & Associates LP, Prudential Financial Inc., UBS Asset Management Americas Inc., and Quantbot Technologies LP. View insider buying and selling activity for Cheesecake Factory.

CAKE stock was acquired by a variety of institutional investors in the last quarter, including Wealth Quarterback LLC, Investment Counselors of Maryland LLC, Norges Bank, Macquarie Group Ltd., Macquarie Group Ltd., Rice Hall James & Associates LLC, First Trust Advisors LP, and Blair William & Co. IL. Company insiders that have bought Cheesecake Factory stock in the last two years include Alexander L Cappello, Edie A Ames, and Laurence B Mindel. View insider buying and selling activity for Cheesecake Factory.

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

One share of CAKE stock can currently be purchased for approximately $16.18.

Cheesecake Factory has a market capitalization of $727.45 million and generates $2.48 billion in revenue each year. The restaurant operator earns $127.29 million in net income (profit) each year or $2.61 on an earnings per share basis. Cheesecake Factory employs 46,250 workers across the globe. View additional information about Cheesecake Factory.

The official website for Cheesecake Factory is http://www.thecheesecakefactory.com/.

Cheesecake Factory's mailing address is 26901 MALIBU HILLS RD, CALABASAS HILLS CA, 91301. The restaurant operator can be reached via phone at 818-871-3000 or via email at [email protected]