Texas Roadhouse - TXRH Stock Forecast, Price & News

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Texas Roadhouse in the last year. There are currently 6 hold ratings, 14 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TXRH shares.
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21 equities research analysts have issued 1-year price targets for Texas Roadhouse's stock. Their TXRH share price forecasts range from $87.00 to $121.00. On average, they anticipate the company's stock price to reach $102.32 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price.
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Texas Roadhouse's stock was trading at $89.28 at the beginning of 2022. Since then, TXRH stock has increased by 1.9% and is now trading at $91.01.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our TXRH earnings forecast.

Texas Roadhouse, Inc. (NASDAQ:TXRH) released its quarterly earnings data on Thursday, July, 28th. The restaurant operator reported $1.07 EPS for the quarter, beating analysts' consensus estimates of $1.03 by $0.04. The restaurant operator had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $1.02 billion. Texas Roadhouse had a net margin of 6.71% and a trailing twelve-month return on equity of 24.45%. The firm's quarterly revenue was up 14.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.08 earnings per share.

Texas Roadhouse declared a quarterly dividend on Monday, August 15th. Stockholders of record on Wednesday, September 7th will be paid a dividend of $0.46 per share on Friday, September 23rd. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date is Tuesday, September 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 2.13%. 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 50.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TXRH will have a dividend payout ratio of 40.53% 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 many different retail and institutional investors. Top institutional investors include Macquarie Group Ltd. (3.76%), Nordea Investment Management AB (3.31%), JPMorgan Chase & Co. (3.21%), State Street Corp (3.18%), Millennium Management LLC (1.59%) and Goldman Sachs Group Inc. (1.33%). 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 $91.01.

Texas Roadhouse (NASDAQ:TXRH) has a market capitalization of $6.20 billion and generates $3.46 billion in revenue each year. The restaurant operator earns $245.29 million in net income (profit) each year or $3.66 on an earnings per share basis.

The company employs 73,300 workers across the globe.

Texas Roadhouse was founded in 1993.

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.