Equities Analysts Set Expectations for CAKE Q3 Earnings

The Cheesecake Factory Incorporated (NASDAQ:CAKE) – Investment analysts at William Blair lifted their Q3 2025 earnings per share (EPS) estimates for shares of Cheesecake Factory in a report released on Wednesday, April 30th. William Blair analyst S. Zackfia now anticipates that the restaurant operator will post earnings per share of $0.58 for the quarter, up from their previous estimate of $0.57. William Blair has a “Outperform” rating on the stock. The consensus estimate for Cheesecake Factory’s current full-year earnings is $3.71 per share. William Blair also issued estimates for Cheesecake Factory’s Q4 2025 earnings at $1.13 EPS and FY2026 earnings at $3.96 EPS.

Cheesecake Factory (NASDAQ:CAKE) last announced its quarterly earnings results on Wednesday, April 30th. The restaurant operator reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.12. The company had revenue of $927.20 million during the quarter, compared to the consensus estimate of $927.17 million. Cheesecake Factory had a return on equity of 45.89% and a net margin of 4.38%. Cheesecake Factory’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.73 earnings per share.

CAKE has been the subject of a number of other research reports. Wedbush boosted their target price on shares of Cheesecake Factory from $59.00 to $61.00 and gave the stock an “outperform” rating in a research note on Thursday, February 20th. The Goldman Sachs Group upped their price objective on shares of Cheesecake Factory from $56.00 to $64.00 and gave the company a “buy” rating in a report on Thursday, February 6th. Stephens restated an “overweight” rating and issued a $60.00 target price on shares of Cheesecake Factory in a research report on Thursday. Wells Fargo & Company upped their price objective on shares of Cheesecake Factory from $45.00 to $50.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, Oppenheimer upgraded Cheesecake Factory from a “market perform” rating to an “outperform” rating and set a $65.00 target price for the company in a report on Tuesday, January 7th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, Cheesecake Factory presently has an average rating of “Hold” and an average price target of $52.63.

Cheesecake Factory Stock Up 4.5 %

CAKE opened at $50.31 on Friday. Cheesecake Factory has a fifty-two week low of $33.48 and a fifty-two week high of $57.32. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.33 and a current ratio of 0.44. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 15.72, a PEG ratio of 1.31 and a beta of 1.24. The company has a fifty day moving average of $48.74 and a two-hundred day moving average of $49.12.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Victory Capital Management Inc. increased its holdings in Cheesecake Factory by 64.1% in the first quarter. Victory Capital Management Inc. now owns 1,766,131 shares of the restaurant operator’s stock valued at $85,940,000 after buying an additional 689,784 shares in the last quarter. SBI Securities Co. Ltd. grew its holdings in Cheesecake Factory by 38.5% in the first quarter. SBI Securities Co. Ltd. now owns 1,244 shares of the restaurant operator’s stock valued at $61,000 after purchasing an additional 346 shares during the last quarter. New York State Common Retirement Fund increased its position in shares of Cheesecake Factory by 9.7% in the first quarter. New York State Common Retirement Fund now owns 219,581 shares of the restaurant operator’s stock valued at $10,685,000 after buying an additional 19,359 shares in the last quarter. Cerity Partners LLC grew its stake in Cheesecake Factory by 520.3% in the 1st quarter. Cerity Partners LLC now owns 40,888 shares of the restaurant operator’s stock valued at $1,990,000 after acquiring an additional 34,296 shares during the last quarter. Finally, Bridges Investment Management Inc. increased its holdings in Cheesecake Factory by 4.0% during the 1st quarter. Bridges Investment Management Inc. now owns 7,677 shares of the restaurant operator’s stock valued at $374,000 after acquiring an additional 292 shares in the last quarter. Hedge funds and other institutional investors own 94.48% of the company’s stock.

Insider Activity

In other news, CFO Matthew Eliot Clark sold 29,000 shares of the firm’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $53.56, for a total value of $1,553,240.00. Following the completion of the sale, the chief financial officer now owns 39,856 shares in the company, valued at approximately $2,134,687.36. This trade represents a 42.12 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman David Overton sold 100,000 shares of the stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $53.08, for a total transaction of $5,308,000.00. Following the transaction, the chairman now directly owns 3,092,147 shares of the company’s stock, valued at $164,131,162.76. This represents a 3.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 8.10% of the company’s stock.

Cheesecake Factory Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Wednesday, May 14th will be paid a $0.27 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $1.08 dividend on an annualized basis and a yield of 2.15%. Cheesecake Factory’s dividend payout ratio is presently 33.75%.

About Cheesecake Factory

The Cheesecake Factory Incorporated operates and licenses restaurants in the United States and Canada. The company operates bakeries that produce cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors.