Zacks Research Issues Negative Estimate for CAKE Earnings

The Cheesecake Factory Incorporated (NASDAQ:CAKE) – Research analysts at Zacks Research dropped their Q3 2026 earnings estimates for Cheesecake Factory in a report issued on Tuesday, December 9th. Zacks Research analyst Team now expects that the restaurant operator will post earnings per share of $0.67 for the quarter, down from their prior forecast of $0.68. The consensus estimate for Cheesecake Factory’s current full-year earnings is $3.71 per share. Zacks Research also issued estimates for Cheesecake Factory’s FY2026 earnings at $3.99 EPS, Q2 2027 earnings at $1.28 EPS, Q3 2027 earnings at $0.77 EPS and FY2027 earnings at $4.38 EPS.

Cheesecake Factory (NASDAQ:CAKE) last announced its quarterly earnings results on Tuesday, October 28th. The restaurant operator reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.08. Cheesecake Factory had a net margin of 4.33% and a return on equity of 46.35%. The business had revenue of $907.23 million for the quarter, compared to the consensus estimate of $912.95 million. During the same period last year, the company posted $0.58 EPS. Cheesecake Factory’s revenue for the quarter was up 4.8% on a year-over-year basis.

A number of other research analysts have also recently issued reports on CAKE. Barclays decreased their price objective on shares of Cheesecake Factory from $50.00 to $48.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 29th. Oppenheimer set a $70.00 price target on Cheesecake Factory in a research note on Wednesday, October 29th. JPMorgan Chase & Co. decreased their price target on shares of Cheesecake Factory from $57.00 to $52.00 and set an “underweight” rating for the company in a research note on Thursday, October 30th. Bank of America reduced their target price on Cheesecake Factory from $61.00 to $56.00 and set a “neutral” rating for the company in a research report on Wednesday, October 29th. Finally, Wells Fargo & Company decreased their price objective on Cheesecake Factory from $60.00 to $55.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 29th. Ten analysts have rated the stock with a Buy rating, five have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $59.18.

Cheesecake Factory Stock Up 1.8%

CAKE stock opened at $49.86 on Friday. The business’s 50 day simple moving average is $49.61 and its 200 day simple moving average is $56.58. The firm has a market capitalization of $2.49 billion, a PE ratio of 15.11, a PEG ratio of 1.42 and a beta of 0.96. Cheesecake Factory has a 1-year low of $42.69 and a 1-year high of $69.70. The company has a current ratio of 0.55, a quick ratio of 0.47 and a debt-to-equity ratio of 1.32.

Cheesecake Factory Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 25th. Stockholders of record on Tuesday, November 11th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Monday, November 10th. Cheesecake Factory’s dividend payout ratio (DPR) is 32.73%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CAKE. Ameritas Advisory Services LLC purchased a new stake in shares of Cheesecake Factory during the second quarter worth $28,000. Parkside Financial Bank & Trust increased its position in shares of Cheesecake Factory by 39.2% during the second quarter. Parkside Financial Bank & Trust now owns 632 shares of the restaurant operator’s stock valued at $40,000 after acquiring an additional 178 shares during the last quarter. Quarry LP boosted its position in shares of Cheesecake Factory by 3,343.8% during the 3rd quarter. Quarry LP now owns 1,102 shares of the restaurant operator’s stock worth $60,000 after purchasing an additional 1,070 shares during the period. Allworth Financial LP raised its holdings in shares of Cheesecake Factory by 170.7% in the 3rd quarter. Allworth Financial LP now owns 1,164 shares of the restaurant operator’s stock valued at $64,000 after buying an additional 734 shares during the period. Finally, Bayforest Capital Ltd purchased a new position in shares of Cheesecake Factory in the first quarter valued at approximately $72,000. Hedge funds and other institutional investors own 94.48% of the company’s stock.

Cheesecake Factory Company Profile

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.