Cheesecake Factory - CAKE Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cheesecake Factory in the last year. There are currently 2 sell ratings, 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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.

13 Wall Street analysts have issued 12 month price objectives for Cheesecake Factory's shares. Their CAKE stock forecasts range from $26.00 to $62.00. On average, they predict the company's stock price to reach $43.31 in the next year. This suggests a possible upside of 40.2% 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 $39.15 at the beginning of 2022. Since then, CAKE stock has decreased by 21.1% and is now trading at $30.90.
View the best growth stocks for 2022 here.

Cheesecake Factory is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our CAKE earnings forecast.

The Cheesecake Factory Incorporated (NASDAQ:CAKE) posted its earnings results on Wednesday, July, 27th. The restaurant operator reported $0.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.79 by $0.27. The restaurant operator had revenue of $832.60 million for the quarter, compared to analyst estimates of $836.64 million. Cheesecake Factory had a net margin of 2.65% and a trailing twelve-month return on equity of 31.69%. Cheesecake Factory's revenue for the quarter was up 8.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.80 EPS.

Cheesecake Factory announced a quarterly dividend on Wednesday, July 27th. Stockholders of record on Wednesday, August 10th will be given a dividend of $0.27 per share on Tuesday, August 23rd. This represents a $1.08 annualized dividend and a yield of 3.50%. The ex-dividend date of this dividend is Tuesday, August 9th.
Read our dividend analysis for CAKE.

Cheesecake Factory (NASDAQ:CAKE) pays an annual dividend of $1.08 per share and currently has a dividend yield of 3.67%. The dividend payout ratio is 66.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAKE will have a dividend payout ratio of 36.24% 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 third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $785.00 million-$805.00 million, compared to the consensus revenue estimate of $815.84 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 number of institutional and retail investors. Top institutional shareholders include Frontier Capital Management Co. LLC (4.15%), Chartwell Investment Partners LLC (0.42%), Gagnon Securities LLC (0.40%), Scout Investments Inc. (0.35%), Allspring Global Investments Holdings LLC (0.31%) and New York State Teachers Retirement System (0.15%). Insiders that own company stock include Alexander L Cappello, Cheryl Slomann, David Bruce Pittaway, David M Gordon, Edie A Ames, Laurence B Mindel and Matthew Eliot Clark.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of CAKE stock can currently be purchased for approximately $30.90.

Cheesecake Factory (NASDAQ:CAKE) has a market capitalization of $1.61 billion and generates $2.93 billion in revenue each year. The restaurant operator earns $72.37 million in net income (profit) each year or $1.63 on an earnings per share basis.

Cheesecake Factory employs 45,800 workers across the globe.

Cheesecake Factory was founded in 1978.

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.