Cheesecake Factory - CAKE Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cheesecake Factory in the last year. There are currently 4 sell ratings, 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CAKE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAKE, but not buy additional shares or sell existing shares.
View CAKE analyst ratings or view top-rated stocks.

14 analysts have issued 12-month price targets for Cheesecake Factory's shares. Their CAKE share price forecasts range from $29.00 to $44.00. On average, they expect the company's stock price to reach $35.67 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price.
View analysts price targets for CAKE or view top-rated stocks among Wall Street analysts.

Cheesecake Factory's stock was trading at $31.71 at the beginning of the year. Since then, CAKE shares have increased by 7.9% and is now trading at $34.21.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our CAKE earnings forecast.

The Cheesecake Factory Incorporated (NASDAQ:CAKE) released its earnings results on Wednesday, February, 22nd. The restaurant operator reported $0.56 earnings per share for the quarter, hitting analysts' consensus estimates of $0.56. The restaurant operator earned $892.80 million during the quarter, compared to analyst estimates of $902.64 million. Cheesecake Factory had a trailing twelve-month return on equity of 22.89% and a net margin of 1.31%. The company's revenue was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.49 earnings per share.

Cheesecake Factory declared a quarterly dividend on Wednesday, February 22nd. Shareholders of record on Wednesday, March 8th will be given a dividend of $0.27 per share on Tuesday, March 21st. This represents a $1.08 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date is Tuesday, March 7th.
Read our dividend analysis for CAKE.

ETFs with the largest weight of Cheesecake Factory (NASDAQ:CAKE) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), AdvisorShares Restaurant ETF (EATZ), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), iShares S&P Small-Cap 600 Value ETF (IJS), SPDR S&P 600 Small Cap Value ETF (SLYV), Vanguard S&P Small-Cap 600 Value ETF (VIOV) and Small Cap US Equity Select ETF (RNSC).

Cheesecake Factory (NASDAQ:CAKE) pays an annual dividend of $1.08 per share and currently has a dividend yield of 3.13%. The dividend payout ratio is 130.12%. 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 31.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CAKE.

Cheesecake Factory updated its first quarter 2023 earnings guidance on Thursday, February, 23rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $850.00 million-$880.00 million, compared to the consensus revenue estimate of $862.76 million.

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.

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).

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

Cheesecake Factory's stock is owned by a variety of institutional and retail investors. Top institutional investors include Bamco Inc. NY (5.46%), Earnest Partners LLC (5.43%), Dimensional Fund Advisors LP (2.29%), Fred Alger Management LLC (1.84%), Geode Capital Management LLC (1.75%) and William Blair Investment Management LLC (1.52%). Insiders that own company stock include Alexander L Cappello, Cheryl Slomann, David Bruce Pittaway, David M Gordon, Edie A Ames and Matthew Eliot Clark.
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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.
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One share of CAKE stock can currently be purchased for approximately $34.21.

Cheesecake Factory (NASDAQ:CAKE) has a market capitalization of $1.77 billion and generates $3.30 billion in revenue each year. The restaurant operator earns $43.12 million in net income (profit) each year or $0.83 on an earnings per share basis.

The company employs 47,500 workers across the globe.

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.