Texas Roadhouse (NASDAQ:TXRH) Stock Price Target Raised at Mizuho

Posted by Stanley Muller on Oct 31st, 2026

Texas Roadhouse (NASDAQ:TXRH – Free Report) had its price objective hoisted by Mizuho from $190.00 to $220.00 in a research report sent to investors on Friday,Benzinga reports. The firm currently has an outperform rating on the restaurant operator’s stock.

A number of other brokerages also recently weighed in on TXRH. Citigroup lowered their target price on shares of Texas Roadhouse from $209.00 to $189.00 and set a “neutral” rating on the stock in a report on Friday, October 23rd. KeyCorp reiterated a “sector weight” rating on shares of Texas Roadhouse in a research note on Friday, October 2nd. Robert W. Baird raised shares of Texas Roadhouse to a “strong-buy” rating in a research report on Monday, August 24th. Stephens upgraded shares of Texas Roadhouse from an “equal weight” rating to an “overweight” rating and set a $205.00 price objective on the stock in a research note on Thursday, October 15th. Finally, Evercore set a $220.00 target price on shares of Texas Roadhouse in a report on Friday, September 25th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $206.32.

Get Our Latest Stock Report on TXRH

Texas Roadhouse Stock Performance

Shares of NASDAQ TXRH opened at $182.52 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.39 and a current ratio of 0.46. The stock has a 50 day moving average price of $174.19 and a 200 day moving average price of $179.15. The stock has a market capitalization of $11.98 billion, a PE ratio of 29.27, a price-to-earnings-growth ratio of 1.98 and a beta of 0.80. Texas Roadhouse has a 52 week low of $153.82 and a 52 week high of $216.30.

Texas Roadhouse (NASDAQ:TXRH – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The restaurant operator reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.02. The firm had revenue of $1.68 billion for 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%. The business’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.86 EPS. Analysts predict that Texas Roadhouse will post 6.48 earnings per share for the current fiscal year.

Texas Roadhouse Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Tuesday, September 1st. Texas Roadhouse’s dividend payout ratio is 48.00%.

Insider Buying and Selling at Texas Roadhouse

In other Texas Roadhouse news, Director Gregory N. Moore sold 3,000 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $208.32, for a total value of $624,960.00. Following the transaction, the director directly owned 26,900 shares in the company, 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 this hyperlink. Also, Director Donna E. 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 transaction of $169,379.20. Following the completion of the transaction, the director directly owned 4,042 shares in the company, 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. Over the last ninety days, insiders have sold 19,970 shares of company stock worth $4,061,808. 0.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Provenance Wealth Advisors LLC boosted its position in shares of Texas Roadhouse by 14,756.2% in the third quarter. Provenance Wealth Advisors LLC now owns 2,377 shares of the restaurant operator’s stock valued at $372,000 after acquiring an additional 2,361 shares during the period. Signature Equity Partners LLC increased its position in Texas Roadhouse by 906.2% during the third quarter. Signature Equity Partners LLC now owns 161 shares of the restaurant operator’s stock worth $25,000 after acquiring an additional 145 shares during the period. Bridge City Capital LLC increased its position in Texas Roadhouse by 21.5% during the third quarter. Bridge City Capital LLC now owns 17,979 shares of the restaurant operator’s stock worth $2,811,000 after acquiring an additional 3,186 shares during the period. Sumitomo Mitsui Trust Group Inc. acquired a new stake in Texas Roadhouse in the 3rd quarter worth about $1,391,000. Finally, Americana Partners LLC acquired a new stake in Texas Roadhouse in the 3rd quarter worth about $215,000. Institutional investors and hedge funds own 94.82% of the company’s stock.

Texas Roadhouse Company Profile

(Get Free Report)

Texas Roadhouse, Inc (NASDAQ: TXRH) operates full-service casual dining restaurants under the Texas Roadhouse, Bubba’s 33 and Jaggers brands. Its restaurants serve made-from-scratch meals centered on hand-cut steaks, ribs, chicken, seafood, burgers and other American-style dishes, along with freshly baked rolls and a selection of beverages.

Founded in 1993, Texas Roadhouse began with its first restaurant in Clarksville, Indiana. The company’s restaurant network includes company-owned and franchised locations across the United States, as well as international locations.