NASDAQ:CAKECheesecake Factory Stock Price, Forecast & News

Cheesecake Factory's stock was trading at $25.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CAKE shares have decreased by 14.0% and is now trading at $21.69. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cheesecake Factory in the last year. There are currently 4 sell ratings, 13 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) issued its earnings results on Tuesday, May, 5th. The restaurant operator reported $0.04 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.46) by $0.50. The restaurant operator earned $615.11 million during the quarter, compared to analysts' expectations of $617.28 million. Cheesecake Factory had a net margin of 3.86% and a return on equity of 17.43%. The company's quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.62 EPS. View Cheesecake Factory's earnings history.

Cheesecake Factory announced a quarterly dividend on Wednesday, April 22nd. Shareholders 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 yield of 44.26%. This is a positive change from Cheesecake Factory's previous quarterly dividend of $0.36. View Cheesecake Factory's dividend history.

21 equities research analysts have issued 1 year price objectives for Cheesecake Factory's stock. Their forecasts range from $14.00 to $61.00. On average, they expect Cheesecake Factory's share price to reach $29.43 in the next twelve months. This suggests a possible upside of 35.7% from the stock's current price. View analysts' price targets for Cheesecake Factory.

News articles about CAKE stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Cheesecake Factory earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned media stories about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Cheesecake Factory.

Cheesecake Factory saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 13,690,000 shares, an increase of 6.7% from the June 15th total of 12,830,000 shares. Based on an average daily volume of 4,280,000 shares, the short-interest ratio is presently 3.2 days. Currently, 32.6% of the shares of the 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), Papa John's Int'l (PZZA), Cracker Barrel Old Country Store (CBRL), 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 many different retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.20%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.07%). Company insiders that own Cheesecake Factory stock include Alexander L Cappello, Cheryl Slomann, David M Gordon, David Overton, Edie A Ames and Laurence B Mindel. View institutional ownership trends for Cheesecake Factory.

CAKE stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Nelson Van Denburg & Campbell Wealth Management Group 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 $21.69.

Cheesecake Factory has a market capitalization of $986.03 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]