Texas Roadhouse (TXRH) Stock Price, News & Analysis

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Texas Roadhouse in the last year. There are currently 12 hold ratings and 10 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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22 brokers have issued 12 month price targets for Texas Roadhouse's stock. Their TXRH share price targets range from $111.00 to $183.00. On average, they anticipate the company's share price to reach $155.55 in the next year. This suggests that the stock has a possible downside of 8.3%.
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Texas Roadhouse's stock was trading at $122.23 at the beginning of 2024. Since then, TXRH shares have increased by 38.8% and is now trading at $169.64.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
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Texas Roadhouse, Inc. (NASDAQ:TXRH) released its quarterly earnings data on Thursday, May, 2nd. The restaurant operator reported $1.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.65 by $0.04. The restaurant operator earned $1.32 billion during the quarter, compared to analysts' expectations of $1.32 billion. Texas Roadhouse had a net margin of 6.94% and a trailing twelve-month return on equity of 28.85%. The company's revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.28 earnings per share.

Texas Roadhouse announced a quarterly dividend on Thursday, May 16th. Investors of record on Wednesday, June 12th will be given a dividend of $0.61 per share on Tuesday, June 25th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date of this dividend is Wednesday, June 12th.
Read our dividend analysis for TXRH.

Texas Roadhouse (NASDAQ:TXRH) pays an annual dividend of $2.44 per share and currently has a dividend yield of 1.45%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 49.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TXRH will have a dividend payout ratio of 37.20% 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), Alpha Dog ETF (RUFF), Invesco Leisure and Entertainment ETF (PEJ), American Customer Satisfaction ETF (ACSI), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), Opus Small Cap Value Plus ETF (OSCV), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM) and Counterpoint Quantitative Equity ETF (CPAI).

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 variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.69%), Nordea Investment Management AB (2.24%), Geneva Capital Management LLC (1.41%), Westfield Capital Management Co. LP (1.11%), Steadfast Capital Management LP (1.04%) and Price T Rowe Associates Inc. MD (0.96%). Insiders that own company stock include Christopher C Colson, Curtis Warfield, Donna E Epps, Gerald L Morgan, Gregory N Moore, Hernan E Mujica, James R Zarley, Kathy Widmer, Regina A Tobin, S Chris Jacobsen and Tonya Robinson.
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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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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