Texas Roadhouse, Inc. (NASDAQ:TXRH) Announces $0.75 Quarterly Dividend

Texas Roadhouse, Inc. (NASDAQ:TXRH) declared a quarterly dividend on Wednesday, August 5th. Investors of record on Tuesday, September 1st will be paid a dividend of 0.75 per share by the restaurant operator on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 1st.

Texas Roadhouse has increased its dividend by an average of 0.5%annually over the last three years and has increased its dividend annually for the last 6 consecutive years. Texas Roadhouse has a dividend payout ratio of 39.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect Texas Roadhouse to earn $7.67 per share next year, which means the company should continue to be able to cover its $3.00 annual dividend with an expected future payout ratio of 39.1%.

Texas Roadhouse Stock Down 0.2%

Shares of TXRH stock opened at $208.17 on Friday. The firm’s fifty day moving average price is $186.99 and its two-hundred day moving average price is $178.70. The company has a current ratio of 0.46, a quick ratio of 0.40 and a debt-to-equity ratio of 0.03. Texas Roadhouse has a 1 year low of $153.82 and a 1 year high of $213.26. The firm has a market capitalization of $13.68 billion, a P/E ratio of 33.25, a PEG ratio of 2.31 and a beta of 0.79.

Texas Roadhouse (NASDAQ:TXRH) last released its earnings results on Thursday, August 6th. The restaurant operator reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.02. Texas Roadhouse had a return on equity of 27.86% and a net margin of 6.85%.The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the previous year, the business earned $1.86 earnings per share. Texas Roadhouse’s quarterly revenue was up 11.1% on a year-over-year basis. On average, equities analysts predict that Texas Roadhouse will post 6.45 EPS for the current fiscal year.

Texas Roadhouse News Summary

Here are the key news stories impacting Texas Roadhouse this week:

• Positive Sentiment: Analysts raised price targets: TD Cowen increased its target from $205 to $230 and upgraded the stock to “buy,” while BTIG Research raised its target from $200 to $220 and maintained a “buy” rating. The revisions imply additional upside from recent trading levels. Analysts Raise Texas Roadhouse Forecasts
• Positive Sentiment: Second-quarter results exceeded the primary consensus: Texas Roadhouse reported adjusted earnings of $1.85 per share versus expectations of $1.83 and revenue of $1.68 billion versus estimates of $1.67 billion. Revenue increased 11.1% year over year, supported by higher sales and traffic. Texas Roadhouse Second-Quarter Results
• Positive Sentiment: Dividend continues to provide shareholder support: The company declared a quarterly dividend of $0.75 per share, payable September 29 to shareholders of record as of September 1. The indicated annual yield is approximately 1.4%.
• Neutral Sentiment: Stephens raised its target but remains cautious: The firm lifted its price target from $180 to $205 while maintaining an “equal weight” rating. The new target is slightly below the recent share price, suggesting limited near-term upside in Stephens’ view. Stephens Texas Roadhouse Price Target
• Negative Sentiment: Some earnings comparisons were less favorable: Zacks reported that the $1.85 EPS result missed its more conservative $1.90 estimate and declined from $1.86 a year earlier. With TXRH trading at a forward-looking premium valuation, investors may focus on whether earnings growth accelerates enough to justify the price.

Texas Roadhouse Company Profile

Texas Roadhouse, Inc is a casual dining restaurant chain specializing in hand‐cut steaks, fall‐off‐the‐bone ribs, chicken, seafood and house specialties. Each restaurant features a Western‐themed décor, open kitchens and a signature line dance presentation of fresh, made‐from‐scratch sides and breads. The company emphasizes an energetic dining experience, focusing on hospitality, value and a family‐friendly environment.

The concept was created in 1993 by founder Kent Taylor, who sought to combine high‐quality steaks with an approachable, community‐oriented atmosphere.