Key Points
- Cheesecake Factory President David Gordon sold 31,950 shares at an average price of $110.03, generating approximately $3.52 million. His remaining ownership fell 54.31% to 26,875 shares.
- The company reported stronger-than-expected quarterly results, with EPS of $1.44 versus the $1.18 consensus and revenue of $1.03 billion, up 7.7% year over year.
- Cheesecake Factory declared a quarterly dividend of $0.30 per share, equivalent to $1.20 annually and a 1.0% yield. Despite recent share gains, analysts’ average rating remains “Hold,” with an $81 price target.
The Cheesecake Factory Incorporated (NASDAQ:CAKE - Get Free Report) Director Edie Ames sold 3,000 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $106.95, for a total value of $320,850.00. Following the completion of the transaction, the director directly owned 10,000 shares of the company's stock, valued at $1,069,500. This represents a 23.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Cheesecake Factory Stock Performance
Shares of CAKE opened at $117.29 on Thursday. The firm has a market cap of $5.84 billion, a price-to-earnings ratio of 31.79, a PEG ratio of 2.04 and a beta of 1.00. The company has a quick ratio of 0.52, a current ratio of 0.59 and a debt-to-equity ratio of 1.08. The business's 50 day moving average is $84.71 and its two-hundred day moving average is $68.99. The Cheesecake Factory Incorporated has a 52-week low of $43.07 and a 52-week high of $117.97.
Cheesecake Factory (NASDAQ:CAKE - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The restaurant operator reported $1.44 earnings per share for the quarter, topping analysts' consensus estimates of $1.18 by $0.26. The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $999.54 million. Cheesecake Factory had a net margin of 4.61% and a return on equity of 43.97%. The business's quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.16 earnings per share. Analysts forecast that The Cheesecake Factory Incorporated will post 4.43 EPS for the current fiscal year.
Cheesecake Factory Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 11th will be paid a dividend of $0.30 per share. The ex-dividend date is Tuesday, August 11th. This represents a $1.20 annualized dividend and a yield of 1.0%. Cheesecake Factory's dividend payout ratio is presently 32.52%.
Institutional Trading of Cheesecake Factory
Several hedge funds have recently added to or reduced their stakes in the business. Truist Financial Corp boosted its holdings in shares of Cheesecake Factory by 3.0% in the fourth quarter. Truist Financial Corp now owns 6,187 shares of the restaurant operator's stock valued at $312,000 after acquiring an additional 181 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Cheesecake Factory by 1.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 10,487 shares of the restaurant operator's stock valued at $529,000 after purchasing an additional 200 shares in the last quarter. California State Teachers Retirement System increased its position in shares of Cheesecake Factory by 0.5% during the 2nd quarter. California State Teachers Retirement System now owns 44,527 shares of the restaurant operator's stock valued at $2,790,000 after purchasing an additional 203 shares during the period. Money Concepts Capital Corp increased its position in shares of Cheesecake Factory by 3.8% during the 1st quarter. Money Concepts Capital Corp now owns 5,802 shares of the restaurant operator's stock valued at $318,000 after purchasing an additional 210 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of Cheesecake Factory by 5.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 4,642 shares of the restaurant operator's stock worth $234,000 after buying an additional 260 shares in the last quarter. Institutional investors own 94.48% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on CAKE shares. Northcoast Research cut Cheesecake Factory from a "buy" rating to a "neutral" rating in a research note on Monday, June 15th. UBS Group raised their price target on shares of Cheesecake Factory from $53.00 to $60.00 and gave the stock a "sell" rating in a research report on Thursday, July 23rd. Wells Fargo & Company boosted their price objective on shares of Cheesecake Factory from $65.00 to $75.00 and gave the company an "equal weight" rating in a research report on Thursday, July 16th. Morgan Stanley upgraded Cheesecake Factory from an "underweight" rating to an "equal weight" rating and increased their price target for the stock from $50.00 to $80.00 in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. upgraded Cheesecake Factory from an "underweight" rating to a "neutral" rating and boosted their price objective for the company from $58.00 to $68.00 in a research report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $81.00.
Read Our Latest Stock Analysis on Cheesecake Factory
Key Stories Impacting Cheesecake Factory
Here are the key news stories impacting Cheesecake Factory this week:
- Positive Sentiment: Upward earnings revisions: Zacks Research raised its EPS forecasts for multiple periods, including Q3 2026 to $0.84 from $0.70, FY2026 to $4.36 from $3.87, FY2027 to $4.64 from $4.24, and FY2028 to $5.29 from $4.82. Zacks maintained a “Strong Buy” rating, supporting the view that recent operating momentum can continue. Zacks Research earnings estimates
- Positive Sentiment: Strong latest results remain a catalyst: Cheesecake Factory’s second-quarter revenue reached $1.03 billion, beating estimates, while EPS of $1.44 exceeded expectations of $1.18. Revenue rose 7.7% year over year, and comparable sales, traffic and restaurant-level margins reportedly improved significantly. The company also declared a $0.30 quarterly dividend and repurchased shares. Cheesecake Factory strong Q2 results
- Positive Sentiment: CAKE was named to PEOPLE’s 2026 Companies That Care list for the sixth consecutive year, which may aid employee retention and brand reputation, although the direct financial impact is limited. Companies That Care recognition
- Neutral Sentiment: Institutional positioning has been mixed, with some funds adding shares and others reducing holdings. Existing analyst coverage remains cautious overall, with an average “Hold” rating and an $81 price target, well below recent trading levels.
- Negative Sentiment: Insider selling may temper enthusiasm: President David Gordon sold 31,950 shares for approximately $3.5 million, reducing his direct stake by more than half. Director Edie A. Ames also sold 3,000 shares. Such transactions may reflect portfolio diversification, but they add a cautionary signal after CAKE’s substantial run-up. CAKE insider selling
About Cheesecake Factory
(
Get Free Report)
The Cheesecake Factory Incorporated (NASDAQ:CAKE) is an American restaurant company and distributor renowned for its full-service casual-dining concept and specialty cheesecakes. Headquartered in Calabasas Hills, California, the company operates more than 200 restaurants under The Cheesecake Factory® brand across the United States, Puerto Rico and select international markets. In addition to sit-down dining, Cheesecake Factory franchised locations offer catering and take-out services, while a separate manufacturing arm supplies branded cheesecakes and desserts to supermarkets, hotels and other foodservice operators.
The origins of the brand trace back to a small cheesecake bakery founded in Detroit in the 1940s.
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