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

$37.26
-0.44 (-1.17 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$37.13
Now: $37.26
$38.20
50-Day Range
$35.90
MA: $41.66
$44.66
52-Week Range
$35.83
Now: $37.26
$55.63
Volume847,678 shs
Average Volume944,264 shs
Market Capitalization$1.66 billion
P/E Ratio15.33
Dividend Yield3.82%
Beta0.41
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. Read More…

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$4.5384 per share
Book Value$12.10 per share

Profitability

Net Income$99.04 million

Miscellaneous

Employees38,700
Market Cap$1.66 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Wednesday, July 31st. Shareholders of record on Wednesday, August 14th will be given a dividend of $0.36 per share on Tuesday, August 27th. This represents a $1.44 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend is Tuesday, August 13th. This is an increase from Cheesecake Factory's previous quarterly dividend of $0.33. View Cheesecake Factory's Dividend History.

How were Cheesecake Factory's earnings last quarter?

Cheesecake Factory Inc (NASDAQ:CAKE) released its earnings results on Wednesday, July, 31st. The restaurant operator reported $0.82 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.81 by $0.01. The restaurant operator earned $602.65 million during the quarter, compared to analysts' expectations of $612.16 million. Cheesecake Factory had a net margin of 4.52% and a return on equity of 21.31%. Cheesecake Factory's quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.61 EPS. 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, October 29th 2019. View Earnings Estimates for Cheesecake Factory.

What price target have analysts set for CAKE?

12 Wall Street analysts have issued twelve-month target prices for Cheesecake Factory's stock. Their forecasts range from $42.00 to $61.00. On average, they expect Cheesecake Factory's stock price to reach $49.25 in the next year. This suggests a possible upside of 32.2% from the stock's current price. View Analyst Price Targets for Cheesecake Factory.

What is the consensus analysts' recommendation for Cheesecake Factory?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cheesecake Factory in the last year. There are currently 1 sell rating, 9 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 stories about CAKE stock have been trending positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cheesecake Factory earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned headlines about the restaurant operator a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for Cheesecake Factory.

Are investors shorting Cheesecake Factory?

Cheesecake Factory saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 8,804,800 shares, a decline of 11.1% from the June 30th total of 9,903,400 shares. Based on an average daily trading volume, of 701,700 shares, the short-interest ratio is currently 12.5 days. Currently, 21.1% of the shares of the stock are sold short. View Cheesecake Factory's Current Options Chain.

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 shareholders include BlackRock Inc. (10.94%), BlackRock Inc. (10.94%), Vanguard Group Inc. (8.89%), Kayne Anderson Rudnick Investment Management LLC (6.15%), Bank of New York Mellon Corp (3.85%) and First Trust Advisors LP (1.91%). Company insiders that own Cheesecake Factory stock include Alexander L Cappello, Cheryl Slomann, David Overton, Debby R Zurzolo, Edie A Ames, Herbert Simon and Laurence B Mindel. View Institutional Ownership Trends for Cheesecake Factory.

Which major investors are selling Cheesecake Factory stock?

CAKE stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Tyvor Capital LLC, AQR Capital Management LLC, Maverick Capital Ltd., Renaissance Technologies LLC, APG Asset Management N.V. and Rice Hall James & Associates LLC. Company insiders that have sold Cheesecake Factory company stock in the last year include Cheryl Slomann and David Overton. View Insider Buying and Selling for Cheesecake Factory.

Which major investors are buying Cheesecake Factory stock?

CAKE stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Man Group plc, Canada Pension Plan Investment Board, Nuveen Asset Management LLC, First Trust Advisors LP, A.R.T. Advisors LLC, Scout Investments Inc. and Bank of New York Mellon Corp. Company insiders that have bought Cheesecake Factory stock in the last two years include Alexander L Cappello, 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 $37.26.

How big of a company is Cheesecake Factory?

Cheesecake Factory has a market capitalization of $1.66 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.View Additional Information About Cheesecake Factory.

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:  428 (Vote Outperform)
Underperform Votes:  678 (Vote Underperform)
Total Votes:  1,106
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 8/25/2019 by MarketBeat.com Staff

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