Texas Roadhouse Stock Price, News & Analysis (NASDAQ:TXRH)

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Texas Roadhouse in the last year. There are currently 9 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TXRH shares.
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19 brokerages have issued 12-month target prices for Texas Roadhouse's shares. Their TXRH share price targets range from $99.00 to $144.00. On average, they anticipate the company's share price to reach $118.05 in the next year. This suggests a possible upside of 3.1% from the stock's current price.
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Texas Roadhouse's stock was trading at $90.95 at the beginning of 2023. Since then, TXRH shares have increased by 25.9% and is now trading at $114.49.
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Texas Roadhouse saw a increase in short interest in November. As of November 15th, there was short interest totaling 2,500,000 shares, an increase of 21.4% from the October 31st total of 2,060,000 shares. Based on an average daily trading volume, of 916,700 shares, the days-to-cover ratio is currently 2.7 days. Currently, 3.8% of the shares of the stock are sold short.
View Texas Roadhouse's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our TXRH earnings forecast.

Texas Roadhouse, Inc. (NASDAQ:TXRH) issued its quarterly earnings data on Thursday, October, 26th. The restaurant operator reported $0.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.05 by $0.10. The restaurant operator had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. Texas Roadhouse had a trailing twelve-month return on equity of 27.09% and a net margin of 6.53%. Texas Roadhouse's quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.93 EPS.

Texas Roadhouse declared a quarterly dividend on Thursday, November 9th. Stockholders of record on Wednesday, December 6th will be given a dividend of $0.55 per share on Tuesday, December 26th. This represents a $2.20 annualized dividend and a yield of 1.92%. The ex-dividend date is Tuesday, December 5th.
Read our dividend analysis for TXRH.

Texas Roadhouse (NASDAQ:TXRH) pays an annual dividend of $2.20 per share and currently has a dividend yield of 1.95%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 50.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TXRH will have a dividend payout ratio of 41.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TXRH.

ETFs with the largest weight of Texas Roadhouse (NASDAQ:TXRH) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ), Guru Favorite Stocks ETF (GFGF), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), Opus Small Cap Value Plus ETF (OSCV), Harbor Dividend Growth Leaders ETF (GDIV), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), Running Oak Efficient Growth ETF (RUNN) and Logan Capital Broad Innovative Growth ETF (LCLG).

1,248 employees have rated Texas Roadhouse Chief Executive Officer W. Kent Taylor on Glassdoor.com. W. Kent Taylor has an approval rating of 95% among the company's employees. This puts W. Kent Taylor in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Texas Roadhouse investors own include Walt Disney (DIS), Starbucks (SBUX), Activision Blizzard (ATVI), NVIDIA (NVDA), Tesla (TSLA), Netflix (NFLX), Home Depot (HD), Shopify (SHOP), Visa (V) and Alphabet (GOOG).

Texas Roadhouse's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wellington Management Group LLP (2.71%), Nordea Investment Management AB (2.67%), JPMorgan Chase & Co. (2.41%), Morgan Stanley (2.17%), Invesco Ltd. (1.92%) and Victory Capital Management Inc. (1.48%). Insiders that own company stock include Christopher C Colson, Curtis Warfield, Douglas W Thompson, Gerald L Morgan, Gregory N Moore, Hernan E Mujica, James R Zarley, Kathy Widmer, Ravi Naik, Regina A Tobin, S Chris Jacobsen, Tonya Robinson and Wayne Kent Taylor.
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Shares of TXRH 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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