Cheesecake Factory (CAKE) Stock Price, News & Analysis

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cheesecake Factory in the last year. There are currently 3 sell ratings, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CAKE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAKE, but not buy additional shares or sell existing shares.
View CAKE analyst ratings or view top-rated stocks.

13 brokers have issued 12-month target prices for Cheesecake Factory's stock. Their CAKE share price targets range from $28.00 to $46.00. On average, they predict the company's stock price to reach $35.64 in the next twelve months. This suggests a possible upside of 6.4% from the stock's current price.
View analysts price targets for CAKE or view top-rated stocks among Wall Street analysts.

Cheesecake Factory's stock was trading at $35.01 at the beginning of the year. Since then, CAKE shares have decreased by 4.4% and is now trading at $33.48.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our CAKE earnings forecast.

The Cheesecake Factory Incorporated (NASDAQ:CAKE) released its earnings results on Wednesday, February, 21st. The restaurant operator reported $0.80 EPS for the quarter, topping the consensus estimate of $0.73 by $0.07. The restaurant operator earned $877 million during the quarter, compared to the consensus estimate of $876.17 million. Cheesecake Factory had a trailing twelve-month return on equity of 41.66% and a net margin of 2.95%. Cheesecake Factory's revenue was down 1.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.56 earnings per share.

Cheesecake Factory declared a quarterly dividend on Thursday, February 15th. Investors of record on Wednesday, March 6th will be given a dividend of $0.27 per share on Tuesday, March 19th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date is Tuesday, March 5th.
Read our dividend analysis for CAKE.

Cheesecake Factory (NASDAQ:CAKE) pays an annual dividend of $1.08 per share and currently has a dividend yield of 3.23%. The dividend payout ratio is 52.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAKE will have a dividend payout ratio of 31.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CAKE.

ETFs with the largest weight of Cheesecake Factory (NASDAQ:CAKE) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD).WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).

Cheesecake Factory issued an update on its FY 2024 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $3.6 billion-$3.6 billion, compared to the consensus revenue estimate of $3.7 billion.

1,241 employees have rated Cheesecake Factory Chief Executive Officer David Overton on Glassdoor.com. David Overton has an approval rating of 80% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cheesecake Factory investors own include Carnival Co. & (CCL), Wolverine World Wide (WWW), Walgreens Boots Alliance (WBA), Wendy's (WEN), Xerox (XRX), General Electric (GE), Intel (INTC), Bank of America (BAC), Marriott International (MAR) and Delta Air Lines (DAL).

Shares of CAKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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