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 purchased 500 shares of the stock in a transaction dated Monday, March 12th. The stock was purchased at an average price of $49.51 per share, for a total transaction of $24,755.00. Following the completion of the acquisition, the director directly owned 13,000 shares in the company, valued at approximately $643,630. This represents a 4.00% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website.
Cheesecake Factory Stock Up 3.7%
Shares of Cheesecake Factory stock opened at $117.29 on Thursday. The firm's 50 day moving average price is $84.71 and its 200-day moving average price is $68.99. 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 Cheesecake Factory Incorporated has a 52-week low of $43.07 and a 52-week high of $117.97. The company has a market cap of $5.84 billion, a P/E ratio of 31.79, a PEG ratio of 2.04 and a beta of 1.00.
Cheesecake Factory (NASDAQ:CAKE - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The restaurant operator reported $1.44 EPS for the quarter, topping the consensus estimate of $1.18 by $0.26. Cheesecake Factory had a net margin of 4.61% and a return on equity of 43.97%. The firm had revenue of $1.03 billion during the quarter, compared to analyst estimates of $999.54 million. During the same quarter in the previous year, the business posted $1.16 EPS. Cheesecake Factory's revenue was up 7.7% on a year-over-year basis. On average, sell-side analysts predict that The Cheesecake Factory Incorporated will post 4.43 EPS for the current fiscal year.
Cheesecake Factory Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 11th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, August 11th. Cheesecake Factory's payout ratio is currently 32.52%.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on CAKE shares. JPMorgan Chase & Co. raised Cheesecake Factory from an "underweight" rating to a "neutral" rating and raised their price objective for the stock from $58.00 to $68.00 in a research report on Thursday, May 14th. UBS Group boosted their target price on Cheesecake Factory from $53.00 to $60.00 and gave the stock a "sell" rating in a research note on Thursday, July 23rd. Weiss Ratings lowered Cheesecake Factory from a "buy (b)" rating to a "buy (b-)" rating in a research report on Friday, July 31st. Bank of America increased their price target on Cheesecake Factory from $66.00 to $79.00 and gave the company a "neutral" rating in a research note on Thursday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $68.00 price target on shares of Cheesecake Factory in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $81.00.
View Our Latest Analysis on Cheesecake Factory
Hedge Funds Weigh In On Cheesecake Factory
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Fisher Asset Management LLC lifted its position in Cheesecake Factory by 7.2% during the fourth quarter. Fisher Asset Management LLC now owns 503,184 shares of the restaurant operator's stock valued at $25,401,000 after purchasing an additional 33,959 shares during the period. Louisiana State Employees Retirement System acquired a new stake in Cheesecake Factory during the 1st quarter worth about $1,111,000. Intech Investment Management LLC grew its position in Cheesecake Factory by 127.7% during the 4th quarter. Intech Investment Management LLC now owns 60,513 shares of the restaurant operator's stock worth $3,055,000 after purchasing an additional 33,936 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in shares of Cheesecake Factory during the 1st quarter valued at about $719,000. Finally, California State Teachers Retirement System raised its stake in shares of Cheesecake Factory by 24.9% during the 1st quarter. California State Teachers Retirement System now owns 55,576 shares of the restaurant operator's stock valued at $3,043,000 after buying an additional 11,088 shares during the last quarter. Institutional investors and hedge funds own 94.48% of the company's stock.
Key Cheesecake Factory News
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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