Brokerages Set Texas Roadhouse, Inc. (NASDAQ:TXRH) Price Target at $209.40

Posted by Francis Steltz on Sep 8th, 2026

Texas Roadhouse, Inc. (NASDAQ:TXRH – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the twenty-three brokerages that are presently covering the company, Marketbeat reports. Twelve research analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $209.40.

A number of research analysts have recently issued reports on TXRH shares. Mizuho raised their price target on shares of Texas Roadhouse from $190.00 to $230.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Texas Roadhouse in a research report on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $235.00 target price on shares of Texas Roadhouse in a report on Monday, August 3rd. Guggenheim restated a “buy” rating and issued a $210.00 target price on shares of Texas Roadhouse in a research note on Monday, May 18th. Finally, Piper Sandler upped their target price on Texas Roadhouse from $192.00 to $208.00 and gave the company a “neutral” rating in a report on Monday, August 10th.

Get Our Latest Stock Report on Texas Roadhouse

Texas Roadhouse Stock Performance

Shares of TXRH stock opened at $189.55 on Friday. The stock has a market capitalization of $12.44 billion, a price-to-earnings ratio of 30.33, a PEG ratio of 1.87 and a beta of 0.78. Texas Roadhouse has a one year low of $153.82 and a one year high of $216.30. The company’s 50-day simple moving average is $198.57 and its 200-day simple moving average is $181.06. 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 announced its quarterly earnings data on Thursday, August 6th. The restaurant operator reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.02. The firm had revenue of $1.68 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the company earned $1.86 earnings per share. Equities analysts anticipate that Texas Roadhouse will post 6.64 earnings per share for the current fiscal year.

Texas Roadhouse Dividend Announcement

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 issued a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $3.00 annualized dividend and a dividend yield of 1.6%. Texas Roadhouse’s payout ratio is 48.00%.

Insider Buying and Selling at Texas Roadhouse

In related news, Director Donna Epps sold 820 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $206.56, for a total value of $169,379.20. Following the sale, the director owned 4,042 shares of the company’s stock, valued at $834,915.52. This trade represents a 16.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gregory Moore sold 3,000 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $208.32, for a total transaction of $624,960.00. Following the completion of the transaction, the director owned 26,900 shares of the company’s stock, valued at approximately $5,603,808. This trade represents a 10.03% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 20,396 shares of company stock valued at $4,143,825. Corporate insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Elyxium Wealth LLC acquired a new position in shares of Texas Roadhouse during the fourth quarter valued at $25,000. Basecamp Wealth Advisors LLC grew its position in Texas Roadhouse by 5,033.3% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 154 shares of the restaurant operator’s stock valued at $25,000 after buying an additional 151 shares in the last quarter. Silvant Capital Management LLC acquired a new position in Texas Roadhouse during the 2nd quarter valued at about $32,000. Measured Wealth Private Client Group LLC bought a new position in Texas Roadhouse during the 3rd quarter valued at $33,000. Finally, Garton & Associates Financial Advisors LLC acquired a new position in Texas Roadhouse during the fourth quarter worth about $34,000. Institutional investors and hedge funds own 94.82% of the company’s stock.

Texas Roadhouse Company Profile

(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.