The Cheesecake Factory Incorporated Company Profile (NASDAQ:CAKE)

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

The Cheesecake Factory Incorporated announced a quarterly dividend on Wednesday, August 2nd. Investors of record on Wednesday, August 16th will be given a dividend of $0.29 per share on Tuesday, August 29th. This represents a $1.16 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date is Monday, August 14th. This is a positive change from The Cheesecake Factory Incorporated's previous quarterly dividend of $0.24. View The Cheesecake Factory Incorporated's Dividend History.

The Cheesecake Factory Incorporated (NASDAQ:CAKE) posted its earnings results on Wednesday, August, 2nd. The company reported $0.78 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.76 by $0.02. The business earned $569.87 million during the quarter, compared to analysts' expectations of $573.12 million. The Cheesecake Factory Incorporated had a net margin of 6.10% and a return on equity of 22.92%. The business's quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.78 EPS. View The Cheesecake Factory Incorporated's Earnings History.

The Cheesecake Factory Incorporated is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for The Cheesecake Factory Incorporated.

The Cheesecake Factory Incorporated updated its third quarter earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $0.60-0.64 for the period, compared to the Thomson Reuters consensus estimate of $0.69. The Cheesecake Factory Incorporated also updated its FY17 guidance to $2.62-2.70 EPS.

18 analysts have issued 1 year target prices for The Cheesecake Factory Incorporated's stock. Their forecasts range from $44.00 to $69.00. On average, they anticipate The Cheesecake Factory Incorporated's stock price to reach $53.18 in the next year. View Analyst Ratings for The Cheesecake Factory Incorporated.

Here are some recent quotes from research analysts about The Cheesecake Factory Incorporated stock:

• 1. According to Zacks Investment Research, "Cheesecake Factory’s Q1 2017 adjusted earnings per share of $0.72 fell short of the Zacks Consensus Estimate by 1.4% but rose 5.9% year over year on higher revenues and a lower share count. Sales of $563.4 million also failed to beat the consensus mark by 0.4% but were up 1.8% on a year-over-year basis. Notably, a lowered fiscal 2017 outlook due to prevailing challenging restaurant environment calls for caution. Meanwhile, higher labor and pre-openings costs coupled with expenses related to sales initiatives are likely to pressurize profits in the near term. Cheesecake Factory’s shares have underperformed the Zacks classified Retail–Restaurants industry over the past three months. Even so, various initiatives to boost sales like menu innovation, roll-out of an improved server training program, launch of mobile payment app and focus on delivery bode well. Still, continual underperformance by Grand Lux Cafe adds to the concerns." (5/8/2017)
• 2. Maxim Group analysts commented, "We maintain our Hold rating on The Cheesecake Factory (CAKE), though raise our price target to $65 (from $59) ahead of the release of 1Q17 (March) earnings on Wednesday, May 3." (5/1/2017)

Some companies that are related to The Cheesecake Factory Incorporated include Texas Roadhouse (TXRH), SSP Group PLC (SSPG), Buffalo Wild Wings (BWLD), Brinker International (EAT), Bob Evans Farms (BOBE), BJ's Restaurants (BJRI), Ruth's Hospitality Group (RUTH), Famous Dave's of America (DAVE), Chanticleer Holdings (HOTR) and Prezzo Ltd (PRZ).

The Cheesecake Factory Incorporated's management team includes the folowing people:

• David M. Overton, Chairman of the Board and Chief Executive Officer
• David M. Gordon, President
• Matthew Clark, Chief Financial Officer, Executive Vice President
• Max S. Byfuglin, President of The Cheesecake Factory Bakery Incorporated
• Debby R. Zurzolo, Executive Vice President, Secretary and General Counsel
• Jerome I. Kransdorf, Lead Independent Director
• Edie A. Ames, Independent Director
• Alexander L. Cappello, Independent Director
• Laurence B. Mindel, Independent Director
• David B. Pittaway, Independent Director

The Cheesecake Factory Incorporated's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.08%), Vanguard Group Inc. (9.05%), Neuberger Berman Group LLC (4.45%), Bank of New York Mellon Corp (3.59%), Kayne Anderson Rudnick Investment Management LLC (3.45%) and State Street Corp (3.31%). Company insiders that own The Cheesecake Factory Incorporated stock include Cheryl Slomann, David Bruce Pittaway, David Overton, Debby R Zurzolo, Doug Benn, Edie A Ames, Jerome I Kransdorf and Max S Byfuglin. View Institutional Ownership Trends for The Cheesecake Factory Incorporated.

The Cheesecake Factory Incorporated's stock was sold by a variety of institutional investors in the last quarter, including Thrivent Financial For Lutherans, Scout Investments Inc., American Century Companies Inc., Balyasny Asset Management LLC, Bessemer Group Inc., BlackRock Inc., Teachers Advisors LLC and Lord Abbett & CO. LLC. Company insiders that have sold The Cheesecake Factory Incorporated stock in the last year include Cheryl Slomann, David Overton, Debby R Zurzolo, Doug Benn and Jerome I Kransdorf. View Insider Buying and Selling for The Cheesecake Factory Incorporated.

The Cheesecake Factory Incorporated's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Marshall Wace North America L.P., Koch Industries Inc., Macquarie Group Ltd., Arrowstreet Capital Limited Partnership, Capital Fund Management S.A., Kayne Anderson Rudnick Investment Management LLC and Epoch Investment Partners Inc.. Company insiders that have bought The Cheesecake Factory Incorporated stock in the last two years include David Bruce Pittaway and Edie A Ames. View Insider Buying and Selling for The Cheesecake Factory Incorporated.

Shares of The Cheesecake Factory Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of The Cheesecake Factory Incorporated stock can currently be purchased for approximately $41.52.