Texas Roadhouse - TXRH Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Texas Roadhouse in the last twelve months. There are currently 7 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TXRH shares.
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16 brokerages have issued 1 year price targets for Texas Roadhouse's stock. Their TXRH share price forecasts range from $86.00 to $121.00. On average, they predict the company's share price to reach $104.05 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price.
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Texas Roadhouse's stock was trading at $90.95 on January 1st, 2023. Since then, TXRH shares have increased by 12.2% and is now trading at $102.09.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our TXRH earnings forecast.

Texas Roadhouse will be holding an earnings conference call on Thursday, February 16th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199.

Texas Roadhouse, Inc. (NASDAQ:TXRH) posted its earnings results on Thursday, October, 28th. The restaurant operator reported $0.75 earnings per share for the quarter, missing analysts' consensus estimates of $0.81 by $0.06. The restaurant operator had revenue of $868.94 million for the quarter, compared to the consensus estimate of $870.33 million. Texas Roadhouse had a net margin of 6.74% and a trailing twelve-month return on equity of 25.94%. The business's revenue for the quarter was up 33.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.42 EPS.

Texas Roadhouse announced a quarterly dividend on Thursday, November 10th. Shareholders of record on Wednesday, December 7th will be given a dividend of $0.46 per share on Friday, December 23rd. This represents a $1.84 annualized dividend and a yield of 1.80%. The ex-dividend date is Tuesday, December 6th.
Read our dividend analysis for TXRH.

Texas Roadhouse (NASDAQ:TXRH) pays an annual dividend of $1.84 per share and currently has a dividend yield of 1.81%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 47.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TXRH will have a dividend payout ratio of 39.40% 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 Boston Trust Walden Corp (0.87%), Scout Investments Inc. (0.43%), Redwood Investments LLC (0.32%), Fort Washington Investment Advisors Inc. OH (0.24%), New York State Common Retirement Fund (0.23%) and New York State Teachers Retirement System (0.16%). 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, 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 $102.09.

Texas Roadhouse (NASDAQ:TXRH) has a market capitalization of $6.83 billion and generates $3.46 billion in revenue each year. The restaurant operator earns $245.29 million in net income (profit) each year or $3.84 on an earnings per share basis.

The company employs 73,300 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.