Texas Roadhouse Inc (TXRH) Plans Quarterly Dividend of $0.15
Texas Roadhouse (NASDAQ:TXRH) declared a quarterly dividend on Friday, August 22nd, AnalystRatings.NET reports. Investors of record on Wednesday, September 17th will be given a dividend of 0.15 per share on Friday, October 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 2.33%.
A number of research firms have recently commented on TXRH. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Texas Roadhouse in a research note on Tuesday, August 5th. They now have a $26.00 price target on the stock, up previously from $25.00. Analysts at RBC Capital initiated coverage on shares of Texas Roadhouse in a research note on Tuesday, May 27th. They set an “outperform” rating and a $6.00 price target on the stock. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. Texas Roadhouse currently has a consensus rating of “Buy” and a consensus price target of $26.73.
Shares of Texas Roadhouse (NASDAQ:TXRH) opened at 25.79 on Friday. Texas Roadhouse has a 1-year low of $22.87 and a 1-year high of $29.07. The stock’s 50-day moving average is $25.3 and its 200-day moving average is $25.44. The company has a market cap of $1.793 billion and a price-to-earnings ratio of 21.86.
Texas Roadhouse (NASDAQ:TXRH) last released its earnings data on Monday, August 4th. The company reported $0.33 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.33. The company had revenue of $395.36 million for the quarter, compared to the consensus estimate of $394.31 million. During the same quarter in the prior year, the company posted $0.28 earnings per share. The company’s quarterly revenue was up 12.3% on a year-over-year basis. Analysts expect that Texas Roadhouse will post $1.26 EPS for the current fiscal year.
Texas Roadhouse, Inc (NASDAQ:TXRH) is a full-service restaurant chain.
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