Texas Roadhouse (NASDAQ:TXRH) Upgraded at Stephens

Posted by Geri Gentry on Oct 18th, 2026

Stephens upgraded shares of Texas Roadhouse (NASDAQ:TXRH – Free Report) from an equal weight rating to an overweight rating in a research report released on Thursday, MarketBeat reports. They currently have $205.00 price target on the restaurant operator’s stock.

Several other research firms have also commented on TXRH. Morgan Stanley reissued an “overweight” rating and set a $212.00 price target on shares of Texas Roadhouse in a research report on Friday, August 7th. Mizuho raised their price target on shares of Texas Roadhouse from $190.00 to $230.00 and gave the company an “outperform” rating in a report on Friday, July 31st. JPMorgan Chase & Co. cut their price objective on shares of Texas Roadhouse from $202.00 to $200.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 29th. UBS Group lifted their price objective on shares of Texas Roadhouse from $210.00 to $235.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $235.00 price objective on shares of Texas Roadhouse in a research note on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Texas Roadhouse presently has an average rating of “Moderate Buy” and a consensus price target of $207.68.

Read Our Latest Stock Report on Texas Roadhouse

Texas Roadhouse Stock Down 1.5%

Shares of NASDAQ TXRH opened at $168.40 on Thursday. Texas Roadhouse has a 12-month low of $153.82 and a 12-month high of $216.30. The stock’s fifty day simple moving average is $180.77 and its two-hundred day simple moving average is $179.34. The stock has a market capitalization of $11.05 billion, a PE ratio of 26.94, a price-to-earnings-growth ratio of 1.68 and a beta of 0.80. The company has a current ratio of 0.46, a quick ratio of 0.39 and a debt-to-equity ratio of 0.03.

Texas Roadhouse (NASDAQ:TXRH – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The restaurant operator reported $1.85 EPS for the quarter, topping the consensus estimate of $1.83 by $0.02. Texas Roadhouse had a return on equity of 27.20% and a net margin of 6.63%. The firm had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same period in the previous year, the company posted $1.86 EPS. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. As a group, analysts expect that Texas Roadhouse will post 6.57 EPS for the current fiscal year.

Texas Roadhouse Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st were given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, September 1st. Texas Roadhouse’s payout ratio is currently 48.00%.

Insider Activity at Texas Roadhouse

In other Texas Roadhouse news, insider Lloyd Marshall sold 500 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $204.65, for a total value of $102,325.00. Following the completion of the transaction, the insider owned 9,826 shares of the company’s stock, valued at approximately $2,010,890.90. This trade represents a 4.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Donna E. Epps sold 820 shares of Texas Roadhouse stock in a transaction on Monday, August 17th. The stock was sold at an average price of $206.56, for a total transaction of $169,379.20. Following the sale, the director owned 4,042 shares of the company’s stock, valued at $834,915.52. The trade was a 16.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 19,970 shares of company stock worth $4,061,808 in the last 90 days. 0.50% of the stock is owned by insiders.

Hedge Funds Weigh In On Texas Roadhouse

Several hedge funds have recently made changes to their positions in the company. Basecamp Wealth Advisors LLC raised its holdings 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 worth $25,000 after purchasing an additional 151 shares during the period. Silvant Capital Management LLC purchased a new position in Texas Roadhouse during the second quarter worth approximately $32,000. Coppell Advisory Solutions LLC purchased a new position in Texas Roadhouse during the second quarter worth approximately $38,000. Western Wealth Management LLC acquired a new stake in Texas Roadhouse in the first quarter valued at approximately $47,000. Finally, Bank & Trust Co grew its holdings in Texas Roadhouse by 68.1% in the second quarter. Bank & Trust Co now owns 306 shares of the restaurant operator’s stock valued at $59,000 after purchasing an additional 124 shares during the period. 94.82% of the stock is owned by institutional investors and hedge funds.

About Texas Roadhouse

(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.

Texas Roadhouse primarily serves full-service casual dining customers, while Bubba’s 33 focuses on burgers, pizza and other American favorites in a sports-oriented setting.