Texas Roadhouse (NASDAQ:TXRH) Receives Buy Rating from BTIG Research

BTIG Research reissued their buy rating on shares of Texas Roadhouse (NASDAQ:TXRH) in a research note issued to investors on Friday,Benzinga reports. BTIG Research currently has a $200.00 target price on the restaurant operator’s stock.

TXRH has been the subject of several other research reports. Sanford C. Bernstein set a $185.00 price objective on Texas Roadhouse in a report on Wednesday, January 7th. Stephens cut their price objective on Texas Roadhouse from $175.00 to $168.00 and set an “equal weight” rating for the company in a research report on Friday, November 7th. Royal Bank Of Canada decreased their target price on Texas Roadhouse from $185.00 to $175.00 and set a “sector perform” rating on the stock in a report on Friday, November 7th. TD Cowen started coverage on Texas Roadhouse in a report on Tuesday, January 20th. They set a “buy” rating and a $215.00 target price for the company. Finally, Zacks Research raised Texas Roadhouse from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $196.82.

Texas Roadhouse Trading Down 2.0%

Shares of NASDAQ:TXRH opened at $178.82 on Friday. The company has a 50 day moving average of $180.81 and a 200-day moving average of $173.54. The firm has a market cap of $11.83 billion, a P/E ratio of 29.36, a P/E/G ratio of 2.98 and a beta of 0.88. Texas Roadhouse has a twelve month low of $148.73 and a twelve month high of $199.99.

Texas Roadhouse (NASDAQ:TXRH) last announced its earnings results on Thursday, February 19th. The restaurant operator reported $1.28 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.25). The firm had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.50 billion. Texas Roadhouse had a return on equity of 28.05% and a net margin of 6.90%.Texas Roadhouse’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.73 EPS. Equities research analysts forecast that Texas Roadhouse will post 7.23 EPS for the current year.

Texas Roadhouse Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This is a boost from Texas Roadhouse’s previous quarterly dividend of $0.68. This represents a $3.00 annualized dividend and a yield of 1.7%. Texas Roadhouse’s payout ratio is 44.66%.

Insiders Place Their Bets

In related news, CEO Gerald L. Morgan sold 5,000 shares of the company’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $196.00, for a total value of $980,000.00. Following the completion of the sale, the chief executive officer directly owned 91,774 shares in the company, valued at approximately $17,987,704. This represents a 5.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Hugh J. Carroll sold 1,000 shares of the stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $167.27, for a total transaction of $167,270.00. Following the transaction, the director directly owned 1,854 shares in the company, valued at $310,118.58. The trade was a 35.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 12,400 shares of company stock valued at $2,320,920 over the last ninety days. Corporate insiders own 0.50% of the company’s stock.

Institutional Trading of Texas Roadhouse

Several large investors have recently made changes to their positions in TXRH. Symphony Financial Ltd. Co. acquired a new position in Texas Roadhouse during the 2nd quarter worth $28,465,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Texas Roadhouse by 2,515.2% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 417,045 shares of the restaurant operator’s stock worth $78,158,000 after acquiring an additional 401,098 shares during the period. Caprock Group LLC bought a new position in shares of Texas Roadhouse during the 3rd quarter worth about $1,070,000. Westfield Capital Management Co. LP raised its holdings in Texas Roadhouse by 0.5% in the 2nd quarter. Westfield Capital Management Co. LP now owns 705,622 shares of the restaurant operator’s stock valued at $132,241,000 after acquiring an additional 3,574 shares in the last quarter. Finally, Bfsg LLC lifted its position in shares of Texas Roadhouse by 111.1% in the 3rd quarter. Bfsg LLC now owns 29,798 shares of the restaurant operator’s stock worth $4,951,000 after acquiring an additional 15,682 shares during the period. Institutional investors own 94.82% of the company’s stock.

Key Headlines Impacting Texas Roadhouse

Here are the key news stories impacting Texas Roadhouse this week:

• Positive Sentiment: Company outlook/guide helped calm markets—management’s forward commentary and guidance were framed as constructive, which investors said helped offset the Q4 EPS miss. Investing.com: Outlook offsets earnings miss
• Positive Sentiment: Dividend increase: TXRH raised its quarterly dividend to $0.75 (a ~10.3% raise vs. prior $0.68), boosting yield and shareholder income — a supportive signal for income‑oriented investors. GlobeNewswire: Q4 results & dividend
• Positive Sentiment: Some analysts remain bullish—BTIG reaffirmed a “buy” and a $200 target, signaling upside from some street participants despite the miss. Benzinga: BTIG reaffirms buy
• Positive Sentiment: Stephens raised its price target from $168 to $180 (equal weight), a modest vote of confidence that some firms see value after the quarter. Benzinga: Stephens raises target
• Neutral Sentiment: Explainers and context pieces are circulating that help frame the move—articles examining why TXRH didn’t plunge on a ~25% EPS decline offer context that may limit knee‑jerk selling. Seeking Alpha: Why the stock didn’t drop
• Neutral Sentiment: Analyst/narrative pieces (Zacks/MarketBeat/Yahoo) are re‑pricing the story—investors are parsing same‑store trends, unit growth and DCF upside, producing mixed takes rather than a clear consensus. Zacks: Q4 metrics vs estimates
• Negative Sentiment: Q4 earnings and revenue missed consensus — TXRH reported $1.28 EPS vs. ~$1.53 expected and $1.48B revenue vs. ~$1.50B, a decline from prior year EPS; that shortfall is the primary driver of the intra‑day weakness. MarketBeat: Q4 earnings report
• Negative Sentiment: Margin pressure from higher commodity costs — management flagged rising food/commodity inflation that pulled margins lower, a recurring risk for restaurant operators that can pressure near‑term profitability. Seeking Alpha: Commodity costs hurt margins
• Negative Sentiment: Some analysts trimmed price targets and ratings (Citigroup lowered PT to $184/neutral; Truist trimmed to $186/hold), which can weigh on sentiment even if cuts are modest. Benzinga: Citi and Truist adjustments

Texas Roadhouse Company Profile

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.