Texas Roadhouse (NASDAQ:TXRH) Reaches New 12-Month High – Still a Buy?

Posted by George Bondi on Aug 12th, 2026

Texas Roadhouse, Inc. (NASDAQ:TXRH – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $213.47 and last traded at $213.40, with a volume of 260841 shares. The stock had previously closed at $209.82.

Wall Street Analysts Forecast Growth

TXRH has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $235.00 price objective on shares of Texas Roadhouse in a report on Monday, August 3rd. Wall Street Zen upgraded shares of Texas Roadhouse from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. Mizuho upped their price target on shares of Texas Roadhouse from $190.00 to $230.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. increased their price target on shares of Texas Roadhouse from $182.00 to $188.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Finally, Stephens raised their price objective on shares of Texas Roadhouse from $180.00 to $205.00 and gave the company an “equal weight” rating in a research note on Friday, August 7th. Ten analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $208.48.

Check Out Our Latest Stock Analysis on Texas Roadhouse

Texas Roadhouse Stock Up 1.6%

The firm has a 50 day moving average of $188.96 and a two-hundred day moving average of $179.01. The stock has a market capitalization of $14.02 billion, a PE ratio of 34.12, a P/E/G ratio of 2.06 and a beta of 0.79. The company has a current ratio of 0.46, a quick ratio of 0.40 and a debt-to-equity ratio of 0.03.

Texas Roadhouse (NASDAQ:TXRH – Get Free Report) last posted its earnings results on Thursday, August 6th. The restaurant operator reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.02. The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.67 billion. Texas Roadhouse had a return on equity of 27.20% and a net margin of 6.63%.Texas Roadhouse’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.86 earnings per share. Equities research analysts anticipate that Texas Roadhouse, Inc. will post 6.58 earnings per share for the current year.

Texas Roadhouse Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 1st. Texas Roadhouse’s payout ratio is 48.00%.

Insider Buying and Selling at Texas Roadhouse

In other Texas Roadhouse news, insider Christopher C. Colson sold 499 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $179.22, for a total transaction of $89,430.78. Following the completion of the transaction, the insider directly owned 14,500 shares in the company, valued at approximately $2,598,690. This trade represents a 3.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, General Counsel Sean G. Renfroe sold 426 shares of Texas Roadhouse stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $192.53, for a total transaction of $82,017.78. Following the transaction, the general counsel owned 860 shares of the company’s stock, valued at approximately $165,575.80. The trade was a 33.13% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,264 shares of company stock valued at $409,937 over the last 90 days. 0.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of TXRH. BlackRock Inc. acquired a new position in shares of Texas Roadhouse during the 2nd quarter worth approximately $1,273,173,000. AQR Capital Management LLC grew its holdings in Texas Roadhouse by 27.4% during the 4th quarter. AQR Capital Management LLC now owns 2,674,102 shares of the restaurant operator’s stock valued at $443,901,000 after buying an additional 575,685 shares during the last quarter. Capital World Investors increased its position in Texas Roadhouse by 13.4% during the fourth quarter. Capital World Investors now owns 2,537,290 shares of the restaurant operator’s stock worth $421,190,000 after buying an additional 300,405 shares in the last quarter. UBS Group AG increased its position in Texas Roadhouse by 60.4% during the fourth quarter. UBS Group AG now owns 1,387,454 shares of the restaurant operator’s stock worth $230,317,000 after buying an additional 522,509 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Texas Roadhouse by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 1,367,120 shares of the restaurant operator’s stock worth $226,984,000 after buying an additional 24,834 shares in the last quarter. 94.82% of the stock is owned by hedge funds and other institutional investors.

About Texas Roadhouse

(Get Free Report)

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.