Texas Roadhouse (NASDAQ:TXRH) Price Target Raised to $210.00

Texas Roadhouse (NASDAQ:TXRH - Free Report) had its price objective upped by Wedbush from $200.00 to $210.00 in a research report sent to investors on Friday,Benzinga reports. The brokerage currently has an outperform rating on the restaurant operator's stock. Wedbush also issued estimates for Texas Roadhouse's Q4 2025 earnings at $1.81 EPS, Q1 2026 earnings at $1.99 EPS, Q2 2026 earnings at $2.08 EPS, Q3 2026 earnings at $1.61 EPS, Q4 2026 earnings at $1.96 EPS and FY2026 earnings at $7.65 EPS.

Other equities analysts have also recently issued research reports about the company. Citigroup raised their price objective on Texas Roadhouse from $212.00 to $213.00 and gave the company a "buy" rating in a report on Friday, February 21st. Stifel Nicolaus dropped their price target on Texas Roadhouse from $185.00 to $172.00 and set a "hold" rating on the stock in a research note on Friday, February 21st. JPMorgan Chase & Co. cut their price target on Texas Roadhouse from $185.00 to $184.00 and set a "neutral" rating for the company in a report on Thursday, March 20th. Stephens decreased their price objective on shares of Texas Roadhouse from $186.00 to $180.00 and set an "equal weight" rating on the stock in a report on Friday, February 21st. Finally, Guggenheim cut their target price on shares of Texas Roadhouse from $205.00 to $200.00 and set a "buy" rating for the company in a research note on Thursday, February 27th. Eleven analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $193.36.

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Texas Roadhouse Stock Down 2.6 %

Shares of NASDAQ:TXRH traded down $4.42 during midday trading on Friday, reaching $166.63. 1,868,655 shares of the company were exchanged, compared to its average volume of 841,383. The firm has a market cap of $11.07 billion, a PE ratio of 25.75, a P/E/G ratio of 1.23 and a beta of 1.00. Texas Roadhouse has a fifty-two week low of $146.75 and a fifty-two week high of $206.04. The stock has a fifty day simple moving average of $176.36 and a two-hundred day simple moving average of $181.78.

Texas Roadhouse (NASDAQ:TXRH - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The restaurant operator reported $1.73 earnings per share for the quarter, topping analysts' consensus estimates of $1.66 by $0.07. Texas Roadhouse had a return on equity of 34.02% and a net margin of 8.07%. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.41 billion. As a group, analysts forecast that Texas Roadhouse will post 7.23 earnings per share for the current year.

Texas Roadhouse Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 18th will be given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date is Tuesday, March 18th. This is a boost from Texas Roadhouse's previous quarterly dividend of $0.61. Texas Roadhouse's dividend payout ratio is 42.04%.

Insider Transactions at Texas Roadhouse

In related news, Director Curtis Warfield sold 4,190 shares of Texas Roadhouse stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $178.80, for a total transaction of $749,172.00. Following the completion of the transaction, the director now directly owns 10,082 shares of the company's stock, valued at approximately $1,802,661.60. The trade was a 29.36 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Christopher C. Colson sold 1,370 shares of the business's stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $179.46, for a total transaction of $245,860.20. Following the completion of the sale, the insider now owns 10,000 shares of the company's stock, valued at approximately $1,794,600. This represents a 12.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 17,905 shares of company stock worth $3,198,367 in the last three months. Corporate insiders own 0.50% of the company's stock.

Institutional Investors Weigh In On Texas Roadhouse

A number of hedge funds and other institutional investors have recently bought and sold shares of TXRH. Vanguard Group Inc. boosted its position in shares of Texas Roadhouse by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 6,540,615 shares of the restaurant operator's stock worth $1,180,123,000 after purchasing an additional 76,051 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Texas Roadhouse by 5.9% during the fourth quarter. Invesco Ltd. now owns 2,479,323 shares of the restaurant operator's stock worth $447,344,000 after buying an additional 138,675 shares during the period. State Street Corp grew its holdings in shares of Texas Roadhouse by 2.0% during the third quarter. State Street Corp now owns 1,982,848 shares of the restaurant operator's stock valued at $350,171,000 after buying an additional 38,723 shares during the last quarter. FMR LLC raised its stake in Texas Roadhouse by 44.8% in the 4th quarter. FMR LLC now owns 1,300,987 shares of the restaurant operator's stock worth $234,737,000 after acquiring an additional 402,465 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in Texas Roadhouse by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 1,207,645 shares of the restaurant operator's stock worth $217,959,000 after buying an additional 6,004 shares during the period. Hedge funds and other institutional investors own 94.82% of the company's stock.

Texas Roadhouse Company Profile

Texas Roadhouse, Inc, together with its subsidiaries, operates casual dining restaurants in the United States and internationally. It also operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names in 49 states and ten internationally. Texas Roadhouse, Inc was founded in 1993 and is based in Louisville, Kentucky.