Texas Roadhouse (NASDAQ:TXRH) Price Target Raised to $210.00

Texas Roadhouse (NASDAQ:TXRH) had its price target hoisted by Wedbush from $200.00 to $210.00 in a research report report published on Friday morning,Benzinga reports. Wedbush currently has an outperform rating on the restaurant operator’s stock. Wedbush also issued estimates for Texas Roadhouse’s Q4 2025 earnings at $1.81 EPS, Q1 2026 earnings at $1.99 EPS, Q2 2026 earnings at $2.08 EPS, Q3 2026 earnings at $1.61 EPS, Q4 2026 earnings at $1.96 EPS and FY2026 earnings at $7.65 EPS.

A number of other research firms also recently weighed in on TXRH. Gordon Haskett downgraded Texas Roadhouse from a “buy” rating to a “hold” rating and set a $192.00 target price for the company. in a research report on Wednesday, January 8th. JPMorgan Chase & Co. cut their price objective on shares of Texas Roadhouse from $185.00 to $184.00 and set a “neutral” rating for the company in a research report on Thursday, March 20th. Truist Financial decreased their target price on shares of Texas Roadhouse from $209.00 to $205.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Stifel Nicolaus reduced their price target on shares of Texas Roadhouse from $185.00 to $172.00 and set a “hold” rating on the stock in a research report on Friday, February 21st. Finally, Royal Bank of Canada lowered their price target on Texas Roadhouse from $200.00 to $180.00 and set a “sector perform” rating for the company in a report on Friday, February 21st. Eleven equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $193.36.

Texas Roadhouse Stock Performance

NASDAQ:TXRH opened at $171.05 on Friday. Texas Roadhouse has a 52 week low of $146.75 and a 52 week high of $206.04. The firm’s 50-day simple moving average is $176.36 and its 200 day simple moving average is $181.78. The firm has a market cap of $11.37 billion, a price-to-earnings ratio of 26.44, a P/E/G ratio of 1.23 and a beta of 1.00.

Texas Roadhouse (NASDAQ:TXRH) last announced its earnings results on Thursday, February 20th. The restaurant operator reported $1.73 EPS for the quarter, topping the consensus estimate of $1.66 by $0.07. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Texas Roadhouse had a net margin of 8.07% and a return on equity of 34.02%. Sell-side analysts anticipate that Texas Roadhouse will post 7.23 EPS for the current year.

Texas Roadhouse Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 18th will be issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date is Tuesday, March 18th. This is a positive change from Texas Roadhouse’s previous quarterly dividend of $0.61. Texas Roadhouse’s dividend payout ratio is currently 42.04%.

Insider Activity at Texas Roadhouse

In other news, insider Christopher C. Colson sold 1,370 shares of the company’s stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $179.46, for a total value of $245,860.20. Following the completion of the transaction, the insider now directly owns 10,000 shares of the company’s stock, valued at $1,794,600. This represents a 12.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CTO Hernan E. Mujica sold 2,050 shares of Texas Roadhouse stock in a transaction on Monday, February 24th. The stock was sold at an average price of $170.66, for a total value of $349,853.00. Following the sale, the chief technology officer now owns 17,162 shares in the company, valued at $2,928,866.92. The trade was a 10.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 17,905 shares of company stock valued at $3,198,367. 0.50% of the stock is owned by corporate insiders.

Institutional Trading of Texas Roadhouse

A number of institutional investors have recently modified their holdings of TXRH. Norges Bank bought a new stake in Texas Roadhouse during the 4th quarter worth approximately $155,239,000. FMR LLC increased its holdings in shares of Texas Roadhouse by 81.6% in the third quarter. FMR LLC now owns 898,522 shares of the restaurant operator’s stock worth $158,679,000 after purchasing an additional 403,720 shares during the period. Franklin Resources Inc. increased its holdings in shares of Texas Roadhouse by 76.0% in the third quarter. Franklin Resources Inc. now owns 893,925 shares of the restaurant operator’s stock worth $157,375,000 after purchasing an additional 385,998 shares during the period. Erste Asset Management GmbH purchased a new stake in shares of Texas Roadhouse in the third quarter worth $66,609,000. Finally, T. Rowe Price Investment Management Inc. boosted its stake in Texas Roadhouse by 255.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 520,352 shares of the restaurant operator’s stock valued at $93,888,000 after buying an additional 373,812 shares during the period. 94.82% of the stock is currently owned by hedge funds and other institutional investors.

About Texas Roadhouse

Texas Roadhouse, Inc, together with its subsidiaries, operates casual dining restaurants in the United States and internationally. It also operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names in 49 states and ten internationally. Texas Roadhouse, Inc was founded in 1993 and is based in Louisville, Kentucky.