Texas Roadhouse - TXRH Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Texas Roadhouse in the last year. There are currently 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TXRH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TXRH, but not buy additional shares or sell existing shares.
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15 analysts have issued 12 month price targets for Texas Roadhouse's stock. Their TXRH share price forecasts range from $95.00 to $125.00. On average, they predict the company's stock price to reach $105.83 in the next year. This suggests that the stock has a possible downside of 1.9%.
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Texas Roadhouse's stock was trading at $90.95 at the start of the year. Since then, TXRH shares have increased by 18.7% and is now trading at $107.92.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our TXRH earnings forecast.

Texas Roadhouse, Inc. (NASDAQ:TXRH) issued its quarterly earnings data on Thursday, February, 16th. The restaurant operator reported $0.89 EPS for the quarter, missing analysts' consensus estimates of $1.02 by $0.13. The restaurant operator had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.02 billion. Texas Roadhouse had a net margin of 6.72% and a trailing twelve-month return on equity of 26.92%. The firm's quarterly revenue was up 12.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.76 EPS.

Texas Roadhouse announced a quarterly dividend on Tuesday, February 14th. Stockholders of record on Wednesday, March 8th will be given a dividend of $0.55 per share on Friday, March 24th. This represents a $2.20 annualized dividend and a dividend yield of 2.04%. The ex-dividend date is Tuesday, March 7th. This is a positive change from the stock's previous quarterly dividend of $0.46.
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 Dynamic Leisure and Entertainment ETF (PEJ), Opus Small Cap Value Plus ETF (OSCV), American Century STOXX U.S. Quality Growth ETF (QGRO), Nuveen Small Cap Select ETF (NSCS), Invesco S&P MidCap Quality ETF (XMHQ) and AdvisorShares Alpha DNA Equity Sentiment ETF (SENT).

Texas Roadhouse (NASDAQ:TXRH) pays an annual dividend of $2.20 per share and currently has a dividend yield of 2.11%. 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 55.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TXRH will have a dividend payout ratio of 40.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TXRH.

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 trades on the NASDAQ under the ticker symbol "TXRH."

Texas Roadhouse's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Macquarie Group Ltd. (3.77%), Nordea Investment Management AB (3.15%), JPMorgan Chase & Co. (3.08%), Neuberger Berman Group LLC (2.56%), Alliancebernstein L.P. (2.12%) and GW&K Investment Management LLC (1.99%). Insiders that own company stock include Christopher C Colson, Curtis Warfield, Douglas W Thompson, Gerald L Morgan, Gregory N Moore, 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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One share of TXRH stock can currently be purchased for approximately $107.92.

Texas Roadhouse (NASDAQ:TXRH) has a market capitalization of $7.23 billion and generates $4.01 billion in revenue each year. The restaurant operator earns $269.82 million in net income (profit) each year or $3.97 on an earnings per share basis.

The company employs 82,000 workers across the globe.

Texas Roadhouse's mailing address is 6040 Dutchmans Lane Suite200, Louisville KY, 40205. The official website for the company is www.texasroadhouse.com. The restaurant operator can be reached via phone at (502) 426-9984, via email at investment@texasroadhouse.com, or via fax at 502-426-3274.