Texas Roadhouse (NASDAQ:TXRH) Price Target Cut to $184.00 by Analysts at Citigroup

Texas Roadhouse (NASDAQ:TXRH) had its price target lowered by Citigroup from $190.00 to $184.00 in a research note published on Friday morning,Benzinga reports. The firm currently has a neutral rating on the restaurant operator’s stock.

Other research analysts have also issued reports about the company. The Goldman Sachs Group increased their price objective on Texas Roadhouse from $175.00 to $200.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Texas Roadhouse in a report on Monday, December 29th. Barclays set a $188.00 target price on shares of Texas Roadhouse in a research report on Friday. Truist Financial reduced their price target on shares of Texas Roadhouse from $188.00 to $186.00 and set a “hold” rating on the stock in a research report on Friday. Finally, UBS Group reaffirmed a “buy” rating on shares of Texas Roadhouse in a report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $196.82.

Texas Roadhouse Stock Down 2.0%

NASDAQ:TXRH opened at $178.82 on Friday. The firm has a market capitalization of $11.83 billion, a PE ratio of 29.36, a price-to-earnings-growth ratio of 2.98 and a beta of 0.88. Texas Roadhouse has a 12-month low of $148.73 and a 12-month high of $199.99. The firm has a 50-day moving average price of $180.81 and a 200 day moving average price of $173.54.

Texas Roadhouse (NASDAQ:TXRH) last released its quarterly earnings data on Thursday, February 19th. The restaurant operator reported $1.28 earnings per share for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.25). Texas Roadhouse had a net margin of 6.90% and a return on equity of 28.05%. The company had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the firm posted $1.73 earnings per share. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. On average, research analysts expect that Texas Roadhouse will post 7.23 EPS for the current year.

Texas Roadhouse Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 1.7%. This is an increase from Texas Roadhouse’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Tuesday, March 17th. Texas Roadhouse’s payout ratio is currently 44.66%.

Insider Buying and Selling

In other news, Director Hugh J. Carroll sold 1,000 shares of Texas Roadhouse stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $167.27, for a total value of $167,270.00. Following the completion of the sale, the director directly owned 1,854 shares of the company’s stock, valued at approximately $310,118.58. This trade represents a 35.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gregory N. Moore sold 1,400 shares of the company’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $170.00, for a total value of $238,000.00. Following the transaction, the director directly owned 32,150 shares in the company, valued at $5,465,500. This trade represents a 4.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 12,400 shares of company stock worth $2,320,920 in the last quarter. Insiders own 0.50% of the company’s stock.

Institutional Trading of Texas Roadhouse

Several institutional investors and hedge funds have recently added to or reduced their stakes in TXRH. Elyxium Wealth LLC acquired a new position in Texas Roadhouse during the 4th quarter valued at about $25,000. Caldwell Trust Co bought a new stake in shares of Texas Roadhouse during the second quarter worth approximately $28,000. Princeton Global Asset Management LLC bought a new stake in shares of Texas Roadhouse during the fourth quarter worth approximately $31,000. Measured Wealth Private Client Group LLC acquired a new position in Texas Roadhouse in the third quarter valued at approximately $33,000. Finally, Garton & Associates Financial Advisors LLC bought a new position in Texas Roadhouse in the fourth quarter valued at approximately $34,000. 94.82% of the stock is owned by institutional investors.

More Texas Roadhouse News

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

• Positive Sentiment: Company outlook/guide helped calm markets—management’s forward commentary and guidance were framed as constructive, which investors said helped offset the Q4 EPS miss. Investing.com: Outlook offsets earnings miss
• Positive Sentiment: Dividend increase: TXRH raised its quarterly dividend to $0.75 (a ~10.3% raise vs. prior $0.68), boosting yield and shareholder income — a supportive signal for income‑oriented investors. GlobeNewswire: Q4 results & dividend
• Positive Sentiment: Some analysts remain bullish—BTIG reaffirmed a “buy” and a $200 target, signaling upside from some street participants despite the miss. Benzinga: BTIG reaffirms buy
• Positive Sentiment: Stephens raised its price target from $168 to $180 (equal weight), a modest vote of confidence that some firms see value after the quarter. Benzinga: Stephens raises target
• Neutral Sentiment: Explainers and context pieces are circulating that help frame the move—articles examining why TXRH didn’t plunge on a ~25% EPS decline offer context that may limit knee‑jerk selling. Seeking Alpha: Why the stock didn’t drop
• Neutral Sentiment: Analyst/narrative pieces (Zacks/MarketBeat/Yahoo) are re‑pricing the story—investors are parsing same‑store trends, unit growth and DCF upside, producing mixed takes rather than a clear consensus. Zacks: Q4 metrics vs estimates
• Negative Sentiment: Q4 earnings and revenue missed consensus — TXRH reported $1.28 EPS vs. ~$1.53 expected and $1.48B revenue vs. ~$1.50B, a decline from prior year EPS; that shortfall is the primary driver of the intra‑day weakness. MarketBeat: Q4 earnings report
• Negative Sentiment: Margin pressure from higher commodity costs — management flagged rising food/commodity inflation that pulled margins lower, a recurring risk for restaurant operators that can pressure near‑term profitability. Seeking Alpha: Commodity costs hurt margins
• Negative Sentiment: Some analysts trimmed price targets and ratings (Citigroup lowered PT to $184/neutral; Truist trimmed to $186/hold), which can weigh on sentiment even if cuts are modest. Benzinga: Citi and Truist adjustments

About Texas Roadhouse

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.