NASDAQ:CAKECheesecake 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 (WHO). Since then, CAKE stock has decreased by 14.8% and is now trading at $21.48. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cheesecake Factory in the last year. There are currently 3 sell ratings, 12 hold ratings and 4 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, July 29th 2020. View our earnings forecast for Cheesecake Factory.

Cheesecake Factory Inc (NASDAQ:CAKE) announced its quarterly earnings results on Tuesday, May, 5th. The restaurant operator reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of ($0.46) by $0.50. The restaurant operator earned $615.11 million during the quarter, compared to analyst estimates of $617.28 million. Cheesecake Factory had a return on equity of 16.40% and a net margin of 3.86%. The business's revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.62 EPS. View Cheesecake Factory's earnings history.

Cheesecake Factory declared a quarterly dividend on Wednesday, April 22nd. Investors of record on Monday, June 1st will be given a dividend of $2.40 per share on Friday, June 26th. This represents a $9.60 annualized dividend and a dividend yield of 44.69%. This is a boost from Cheesecake Factory's previous quarterly dividend of $0.36. View Cheesecake Factory's dividend history.

19 brokers have issued 1 year price targets for Cheesecake Factory's shares. Their forecasts range from $14.00 to $61.00. On average, they anticipate Cheesecake Factory's stock price to reach $29.35 in the next year. This suggests a possible upside of 36.6% from the stock's current price. View analysts' price targets for Cheesecake Factory.

News headlines about CAKE stock have trended very positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cheesecake Factory earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned news stories about the restaurant operator a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutCheesecake Factory.

Cheesecake Factory saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 11,380,000 shares, an increase of 5.1% from the April 15th total of 10,830,000 shares. Based on an average daily trading volume, of 2,630,000 shares, the days-to-cover ratio is presently 4.3 days. Currently, 27.2% of the company's stock are sold short. View Cheesecake Factory's Current Options Chain.

Some companies that are related to Cheesecake Factory include Mcdonald's (MCD), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), 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), Brinker International (EAT), Bloomin' Brands (BLMN) and Dine Brands Global (DIN). View all competitors.

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

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

Cheesecake Factory's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.81%), Wellington Management Group LLP (5.97%), Bank of New York Mellon Corp (3.33%), State Street Corp (3.13%), Wells Fargo & Company MN (2.17%) and Schroder Investment Management Group (1.58%). 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 Wellington Management Group LLP, First Trust Advisors LP, Disciplined Growth Investors Inc. MN, Bessemer Group Inc., Blair William & Co. IL, Bank of New York Mellon Corp, Rice Hall James & Associates LLC, and Morgan Stanley. View insider buying and selling activity for Cheesecake Factory.

CAKE stock was purchased by a variety of institutional investors in the last quarter, including Prentice Capital Management LP, Two Sigma Investments LP, APG Asset Management N.V., APG Asset Management N.V., Global Alpha Capital Management Ltd., Wells Fargo & Company MN, Matarin Capital Management LLC, and AQR Capital Management LLC. 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 $21.48.

Cheesecake Factory has a market capitalization of $976.48 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.

The official website for Cheesecake Factory is 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]