Zacks Research Has Bullish Outlook for CAKE FY2027 Earnings

The Cheesecake Factory Incorporated (NASDAQ:CAKE) – Analysts at Zacks Research increased their FY2027 earnings per share (EPS) estimates for Cheesecake Factory in a research note issued on Tuesday, November 10th. Zacks Research analyst Team now forecasts that the restaurant operator will earn $5.11 per share for the year, up from their previous forecast of $4.64. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Cheesecake Factory’s current full-year earnings is $4.71 per share.

Cheesecake Factory (NASDAQ:CAKE) last issued its quarterly earnings results on Tuesday, October 27th. The restaurant operator reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.06. The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. Cheesecake Factory had a return on equity of 44.53% and a net margin of 5.20%. Cheesecake Factory’s revenue was up 13.9% on a year-over-year basis. During the same period last year, the business posted $0.66 earnings per share.

Other equities research analysts have also recently issued reports about the company. Mizuho lifted their target price on Cheesecake Factory from $93.00 to $110.00 and gave the stock a “neutral” rating in a research note on Friday, October 23rd. Freedom Capital upgraded shares of Cheesecake Factory from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 28th. UBS Group raised their price objective on shares of Cheesecake Factory from $60.00 to $80.00 and gave the stock a “sell” rating in a report on Friday, October 23rd. Weiss Ratings raised shares of Cheesecake Factory from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, October 8th. Finally, Wells Fargo & Company set a $116.00 target price on shares of Cheesecake Factory in a research note on Wednesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $95.47.

Cheesecake Factory Price Performance

Shares of NASDAQ:CAKE opened at $109.67 on Thursday. The company has a market capitalization of $5.47 billion, a PE ratio of 25.99, a price-to-earnings-growth ratio of 1.56 and a beta of 1.14. The business has a fifty day moving average price of $107.80 and a two-hundred day moving average price of $81.73. Cheesecake Factory has a 1 year low of $43.07 and a 1 year high of $118.63.

Cheesecake Factory Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Shareholders of record on Tuesday, November 10th will be paid a $0.30 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $1.20 annualized dividend and a dividend yield of 1.1%. Cheesecake Factory’s payout ratio is presently 28.44%.

Insider Transactions at Cheesecake Factory

In other news, CFO Matthew Clark sold 23,832 shares of the company’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $113.31, for a total transaction of $2,700,403.92. Following the transaction, the chief financial officer owned 45,109 shares of the company’s stock, valued at $5,111,300.79. This represents a 34.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Alexander Cappello sold 425 shares of the stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $113.71, for a total value of $48,326.75. Following the transaction, the director owned 3,428 shares of the company’s stock, valued at $389,797.88. The trade was a 11.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 29,154 shares of company stock worth $3,298,256 over the last quarter. 8.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Cheesecake Factory

Institutional investors have recently added to or reduced their stakes in the business. Landscape Capital Management L.L.C. raised its position in shares of Cheesecake Factory by 388.0% in the third quarter. Landscape Capital Management L.L.C. now owns 103,337 shares of the restaurant operator’s stock valued at $10,875,000 after purchasing an additional 82,161 shares during the period. Public Sector Pension Investment Board lifted its stake in shares of Cheesecake Factory by 85.4% during the 3rd quarter. Public Sector Pension Investment Board now owns 291,201 shares of the restaurant operator’s stock valued at $32,920,000 after buying an additional 134,137 shares in the last quarter. Edgestream Partners L.P. bought a new position in Cheesecake Factory in the 3rd quarter worth approximately $3,613,000. Banco Santander S.A. boosted its holdings in Cheesecake Factory by 28.4% in the 3rd quarter. Banco Santander S.A. now owns 12,008 shares of the restaurant operator’s stock worth $1,264,000 after buying an additional 2,657 shares during the period. Finally, Fisher Asset Management LLC boosted its holdings in Cheesecake Factory by 3.0% in the 3rd quarter. Fisher Asset Management LLC now owns 482,442 shares of the restaurant operator’s stock worth $50,772,000 after buying an additional 13,970 shares during the period. 94.48% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Cheesecake Factory

These are some of the CAKE headlines that stood out recently:

• Positive Sentiment: Zacks Research raised multiple earnings forecasts, including its FY2026 EPS estimate to $4.69 from $4.36 and FY2028 estimate to $5.56 from $5.29. The upward revisions suggest improving expectations, although Zacks maintained a “Hold” rating.
• Positive Sentiment: Cheesecake Factory opened a location at West County Mall, adding to its restaurant footprint. Article: Cheesecake Factory opens at West County Mall
• Neutral Sentiment: The president of Cheesecake Factory Bakery announced retirement after 30 years. The reports provided no details on succession or expected business impact, so the near-term significance is unclear. Article: Cheesecake Factory Bakery President Announces Retirement After 30 Years

About Cheesecake Factory

The Cheesecake Factory Incorporated (NASDAQ: CAKE) is a restaurant company that operates and licenses restaurants under several brands. Its portfolio includes The Cheesecake Factory, North Italia and restaurants developed by Fox Restaurant Concepts, such as Flower Child and Culinary Dropout. The company’s restaurants serve a range of dishes, including appetizers, entrees and desserts. Its bakery division produces cheesecakes and other baked goods for its restaurants and for foodservice and retail customers.