Texas Roadhouse, Inc. (NASDAQ:TXRH) Stock Has Average Price Target of $210.48 According to Analysts

03 Oct 2026, 02:58 by Doug Wharley · The Cerbat Gem

Texas Roadhouse, Inc. (NASDAQ:TXRH – Get Free Report) has been given an average recommendation of “Moderate Buy” by the twenty-three brokerages that are covering the company, MarketBeat reports. Twelve research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $210.48.

TXRH has been the topic of several analyst reports. BTIG Research upped their price objective on Texas Roadhouse from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Morgan Stanley restated an “overweight” rating and issued a $212.00 price target on shares of Texas Roadhouse in a research note on Friday, August 7th. Robert W. Baird upgraded Texas Roadhouse to a “strong-buy” rating in a research note on Monday, August 24th. KeyCorp reaffirmed a “sector weight” rating on shares of Texas Roadhouse in a report on Friday. Finally, Mizuho increased their price objective on Texas Roadhouse from $190.00 to $230.00 and gave the company an “outperform” rating in a research report on Friday, July 31st.

View Our Latest Analysis on Texas Roadhouse

Texas Roadhouse Trading Down 0.4%

Shares of NASDAQ TXRH opened at $156.14 on Wednesday. The firm’s 50 day moving average price is $189.49 and its 200-day moving average price is $179.67. The company has a market cap of $10.25 billion, a PE ratio of 24.98, a P/E/G ratio of 1.55 and a beta of 0.80. Texas Roadhouse has a 52-week low of $153.82 and a 52-week high of $216.30. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.39 and a current ratio of 0.46.

Texas Roadhouse (NASDAQ:TXRH – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The restaurant operator reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.02. Texas Roadhouse had a net margin of 6.63% and a return on equity of 27.20%. The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter in the prior year, the company posted $1.86 earnings per share. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, equities research analysts expect that Texas Roadhouse will post 6.61 EPS for the current fiscal year.

Texas Roadhouse Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.75 per share. The ex-dividend date was Tuesday, September 1st. This represents a $3.00 annualized dividend and a yield of 1.9%. Texas Roadhouse’s dividend payout ratio is currently 48.00%.

Insider Activity

In other news, Director Gregory N. Moore sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $208.32, for a total transaction of $624,960.00. Following the completion of the transaction, the director directly owned 26,900 shares of the company’s stock, valued at $5,603,808. The trade was a 10.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Donna E. Epps sold 820 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $206.56, for a total transaction of $169,379.20. Following the transaction, the director owned 4,042 shares in the company, valued at approximately $834,915.52. This trade represents a 16.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 19,970 shares of company stock worth $4,061,808. 0.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Texas Roadhouse

A number of large investors have recently added to or reduced their stakes in the stock. Ranger Investment Management L.P. purchased a new position in shares of Texas Roadhouse in the 2nd quarter worth $21,560,000. The Manufacturers Life Insurance Company bought a new stake in shares of Texas Roadhouse in the second quarter worth $9,473,000. J. Goldman & Co LP purchased a new stake in Texas Roadhouse during the second quarter valued at $10,434,000. Bamco Inc. NY purchased a new stake in Texas Roadhouse during the second quarter valued at $60,148,000. Finally, Callan Family Office LLC bought a new position in Texas Roadhouse in the second quarter valued at about $1,449,000. Institutional investors own 94.82% of the company’s stock.

Texas Roadhouse Company Profile

(Get Free Report)

Texas Roadhouse, Inc is a casual dining restaurant company that operates and franchises restaurants under the Texas Roadhouse, Bubba’s 33 and Jaggers brands. Its restaurants are known for hand-cut steaks, made-from-scratch sides, fresh-baked bread and a lively, Western-themed atmosphere.

Founded in 1993 and headquartered in Louisville, Kentucky, Texas Roadhouse has grown into an international restaurant operator with locations across the United States and in select foreign markets. The company’s business includes company-operated restaurants, franchised and licensed locations, and related support activities.