Zacks Research Brokers Decrease Earnings Estimates for CAKE

The Cheesecake Factory Incorporated (NASDAQ:CAKE) – Research analysts at Zacks Research reduced their Q1 2026 earnings per share estimates for Cheesecake Factory in a report released on Tuesday, November 11th. Zacks Research analyst Team now anticipates that the restaurant operator will earn $0.99 per share for the quarter, down from their previous forecast of $1.00. The consensus estimate for Cheesecake Factory’s current full-year earnings is $3.71 per share. Zacks Research also issued estimates for Cheesecake Factory’s Q3 2026 earnings at $0.68 EPS, FY2026 earnings at $4.00 EPS, Q1 2027 earnings at $1.13 EPS, Q2 2027 earnings at $1.29 EPS, Q3 2027 earnings at $0.78 EPS and FY2027 earnings at $4.39 EPS.

A number of other analysts have also recently weighed in on the stock. Argus dropped their target price on shares of Cheesecake Factory from $72.00 to $55.00 and set a “buy” rating on the stock in a report on Friday, November 7th. Jefferies Financial Group set a $70.00 price objective on shares of Cheesecake Factory and gave the company a “buy” rating in a research report on Wednesday, October 29th. Stephens cut their target price on shares of Cheesecake Factory from $70.00 to $64.00 and set an “overweight” rating on the stock in a report on Wednesday, October 29th. UBS Group lifted their target price on Cheesecake Factory from $45.00 to $50.00 and gave the company a “sell” rating in a research note on Friday, July 18th. Finally, Barclays dropped their price target on Cheesecake Factory from $50.00 to $48.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 29th. Ten investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, Cheesecake Factory has a consensus rating of “Hold” and a consensus price target of $59.18.

Cheesecake Factory Stock Performance

Shares of CAKE opened at $44.94 on Thursday. The stock has a market capitalization of $2.24 billion, a PE ratio of 13.62, a price-to-earnings-growth ratio of 1.21 and a beta of 1.08. The business’s fifty day moving average price is $53.17 and its 200 day moving average price is $57.28. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.51 and a quick ratio of 0.42. Cheesecake Factory has a 12-month low of $42.69 and a 12-month high of $69.70.

Cheesecake Factory (NASDAQ:CAKE) last issued its earnings results on Tuesday, October 28th. The restaurant operator reported $0.68 EPS for the quarter, topping the consensus estimate of $0.60 by $0.08. The company had revenue of $907.23 million during the quarter, compared to analyst estimates of $912.95 million. Cheesecake Factory had a return on equity of 47.25% and a net margin of 4.33%.The business’s revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.58 EPS.

Cheesecake Factory Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Tuesday, November 11th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Monday, November 10th. Cheesecake Factory’s payout ratio is 32.73%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Teacher Retirement System of Texas acquired a new stake in Cheesecake Factory in the first quarter worth about $345,000. Cerity Partners LLC raised its position in shares of Cheesecake Factory by 520.3% during the 1st quarter. Cerity Partners LLC now owns 40,888 shares of the restaurant operator’s stock worth $1,990,000 after buying an additional 34,296 shares in the last quarter. New York State Common Retirement Fund raised its position in shares of Cheesecake Factory by 9.7% during the 1st quarter. New York State Common Retirement Fund now owns 219,581 shares of the restaurant operator’s stock worth $10,685,000 after buying an additional 19,359 shares in the last quarter. SBI Securities Co. Ltd. lifted its stake in shares of Cheesecake Factory by 38.5% in the 1st quarter. SBI Securities Co. Ltd. now owns 1,244 shares of the restaurant operator’s stock worth $61,000 after acquiring an additional 346 shares during the period. Finally, Victory Capital Management Inc. boosted its holdings in shares of Cheesecake Factory by 64.1% in the first quarter. Victory Capital Management Inc. now owns 1,766,131 shares of the restaurant operator’s stock valued at $85,940,000 after acquiring an additional 689,784 shares in the last quarter. 94.48% of the stock is owned by institutional investors and hedge funds.

Cheesecake Factory Company Profile

The Cheesecake Factory Incorporated operates and licenses restaurants in the United States and Canada. The company operates bakeries that produce cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors.