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

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$47.96 -0.08 (-0.17 %)
(As of 05/21/2019 04:51 AM ET)
Previous Close$48.04
Today's Range$47.48 - $48.10
52-Week Range$41.63 - $60.19
Volume612,512 shs
Average Volume779,237 shs
Market Capitalization$2.17 billion
P/E Ratio19.74
Dividend Yield2.75%
Beta0.35
The Cheesecake Factory Incorporated engages in the operation of restaurants. The company produces cheesecakes and other baked products for own restaurants and international licensees, as well as external foodservice operators, retailers, and distributors. As of April 16, 2019, it owned and operated 219 full-service casual-dining restaurants in the United States, including Puerto Rico and Canada comprising 202 restaurants under The Cheesecake Factory name; 14 restaurants under the Grand Lux Café name; and 2 restaurants under the RockSugar Southeast Asian Kitchen name, as well as 22 The Cheesecake Factory restaurants under licensing agreements internationally. The company was founded in 1972 and is headquartered in Calabasas, California.

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Industry, Sector and Symbol

Industry Eating places
Sub-IndustryRestaurants
SectorRetail/Wholesale
Current SymbolNASDAQ:CAKE
CUSIP16307210
Phone818-871-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.33 billion
Cash Flow$4.5851 per share
Book Value$11.99 per share

Profitability

Net Income$99.04 million

Miscellaneous

Employees38,700
Market Cap$2.17 billion
Next Earnings Date7/30/2019 (Estimated)
OptionableOptionable

Cheesecake Factory (NASDAQ:CAKE) Frequently Asked Questions

What is Cheesecake Factory's stock symbol?

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

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

Cheesecake Factory announced a quarterly dividend on Wednesday, May 1st. Investors of record on Thursday, May 16th will be given a dividend of $0.33 per share on Wednesday, May 29th. This represents a $1.32 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date of this dividend is Wednesday, May 15th. View Cheesecake Factory's Dividend History.

How were Cheesecake Factory's earnings last quarter?

Cheesecake Factory Inc (NASDAQ:CAKE) posted its earnings results on Wednesday, May, 1st. The restaurant operator reported $0.62 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.60 by $0.02. The restaurant operator had revenue of $599.48 million for the quarter, compared to the consensus estimate of $603.03 million. Cheesecake Factory had a return on equity of 19.54% and a net margin of 4.24%. The business's revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the business earned $0.56 earnings per share. View Cheesecake Factory's Earnings History.

When is Cheesecake Factory's next earnings date?

Cheesecake Factory is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for Cheesecake Factory.

What guidance has Cheesecake Factory issued on next quarter's earnings?

Cheesecake Factory issued an update on its second quarter earnings guidance on Thursday, May, 2nd. The company provided earnings per share (EPS) guidance of $0.80-0.84 for the period, compared to the Thomson Reuters consensus estimate of $0.76. Cheesecake Factory also updated its FY19 guidance to $2.58-2.70 EPS.

What price target have analysts set for CAKE?

13 analysts have issued 12 month target prices for Cheesecake Factory's shares. Their predictions range from $42.00 to $63.00. On average, they anticipate Cheesecake Factory's stock price to reach $52.6667 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price. View Analyst Price Targets for Cheesecake Factory.

What is the consensus analysts' recommendation for Cheesecake Factory?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cheesecake Factory in the last year. There are currently 1 sell rating, 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cheesecake Factory.

What are Wall Street analysts saying about Cheesecake Factory stock?

Here are some recent quotes from research analysts about Cheesecake Factory stock:
  • 1. Maxim Group analysts commented, "We maintain our Buy rating and $55 price target on The Cheesecake Factory (CAKE) ahead of the release of 4Q18 (December) results on Wednesday, February 20. We expect CAKE to post 4Q18 (December) EPS of $0.63 vs. $0.62 consensus, on a blended comp of +1.5% vs. +0.8% consensus. We model a 14% jump in EPS to $2.79, vs. $2.67 consensus as we expect another year of 1.5%-2.0% comp growth vs. +1.3% consensus and easier y/y cost comparisons. We believe the acquisition of the remainder of its minority-owned North Italia concept, which we expect will occur in 2H19, will provide a potent catalyst." (2/15/2019)
  • 2. According to Zacks Investment Research, "Shares of Cheesecake Factory have outperformed the industry over the past year. The company’s 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. The company is also evaluating different approaches to limit its costs. It installed a cost management system with substantial capabilities across production, planning and inventory management a few years ago to help analyze usage and waste. While such efforts encourage us, we are apprehensive of the stock’s future potential after the company missed earnings for two straight quarters. Particularly, higher-than-expected medical insurance costs along with some legal expenses are affecting the company’s profitability." (10/24/2018)

Has Cheesecake Factory been receiving favorable news coverage?

Media headlines about CAKE stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 -1.4 on InfoTrie's scale. They also gave media headlines 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 stock's share price in the near future.

Who are some of Cheesecake Factory's key competitors?

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 Wolverine World Wide (WWW), Wendys (WEN), Carnival (CCL), Walgreens Boots Alliance (WBA), Xerox (XRX), General Electric (GE), Fifth Third Bancorp (FITB), Conduent (CNDT), AON (AON) and Andersons (ANDE).

Who are Cheesecake Factory's key executives?

Cheesecake Factory's management team includes the folowing people:
  • Mr. David M. Overton, Chairman & CEO (Age 73)
  • Mr. David M. Gordon, Pres (Age 54)
  • Mr. Matthew Eliot Clark, Exec. VP & CFO (Age 49)
  • Ms. Scarlett A. May, Exec. VP, Gen. Counsel & Sec. (Age 53)
  • Mr. Keith T. Carango, Pres of The Cheesecake Factory Bakery Incorporated (Age 57)

Who are Cheesecake Factory's major shareholders?

Cheesecake Factory's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.41%), Kayne Anderson Rudnick Investment Management LLC (6.02%), Wellington Management Group LLP (5.90%), Macquarie Group Ltd. (4.41%), Dimensional Fund Advisors LP (3.22%) and Goldman Sachs Group Inc. (2.68%). Company insiders that own Cheesecake Factory stock include Alexander L Cappello, Cheryl Slomann, David Bruce Pittaway, David Overton, Debby R Zurzolo, Edie A Ames, Herbert Simon and Laurence B Mindel. View Institutional Ownership Trends for Cheesecake Factory.

Which institutional investors are selling Cheesecake Factory stock?

CAKE stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, AQR Capital Management LLC, Renaissance Technologies LLC, BlackRock Inc., Macquarie Group Ltd., Parametric Portfolio Associates LLC, Goldman Sachs Group Inc. and Lazard Asset Management LLC. Company insiders that have sold Cheesecake Factory company stock in the last year include Cheryl Slomann, David Overton and Debby R Zurzolo. View Insider Buying and Selling for Cheesecake Factory.

Which institutional investors are buying Cheesecake Factory stock?

CAKE stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Wellington Management Group LLP, Maverick Capital Ltd., Kayne Anderson Rudnick Investment Management LLC, Spark Investment Management LLC, Charles Schwab Investment Management Inc., Cooper Creek Partners Management LLC and Voya Investment Management LLC. Company insiders that have bought Cheesecake Factory stock in the last two years include Alexander L Cappello, David Bruce Pittaway, Edie A Ames, Herbert Simon and Laurence B Mindel. View Insider Buying and Selling for Cheesecake Factory.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Cheesecake Factory's stock price today?

One share of CAKE stock can currently be purchased for approximately $47.96.

How big of a company is Cheesecake Factory?

Cheesecake Factory has a market capitalization of $2.17 billion and generates $2.33 billion in revenue each year. The restaurant operator earns $99.04 million in net income (profit) each year or $2.43 on an earnings per share basis. Cheesecake Factory employs 38,700 workers across the globe.

What is Cheesecake Factory's official website?

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

How can I contact Cheesecake Factory?

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]


MarketBeat Community Rating for Cheesecake Factory (NASDAQ CAKE)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  411 (Vote Outperform)
Underperform Votes:  647 (Vote Underperform)
Total Votes:  1,058
MarketBeat's community ratings are surveys of what our community members think about Cheesecake Factory and other stocks. Vote "Outperform" if you believe CAKE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CAKE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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