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

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

Texas Roadhouse has raised its dividend by an average of 0.5%per year 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% indicating that 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 Performance

Shares of Texas Roadhouse stock opened at $208.17 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.46 and a quick ratio of 0.40. The firm has a 50 day simple moving average of $186.99 and a 200 day simple moving average of $178.70. Texas Roadhouse has a fifty-two week low of $153.82 and a fifty-two week high of $213.26. The firm has a market cap of $13.68 billion, a P/E ratio of 33.25, a P/E/G ratio of 2.31 and a beta of 0.79.

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

Trending Headlines about Texas Roadhouse

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.

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.