On 2016-05-20, Texas Roadhouse, Inc. (NASDAQ:TXRH) confirmed the dividend disbursement of $0.19 a share to shareholders as on record 2016-06-15. The firm will release dividend on 2016-07-01 while ex-dividend date is reported to be 2016-06-13.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Texas Roadhouse, Inc. (NASDAQ:TXRH) paid a total of $0.19 per share in dividends. This figure stood at $0.19 a share in the same period a year ago indicating a deviation of 13.3333%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $43.5 on the stock. This figure is the average of recommendations offered by 12 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $50 and $34, respectively.
Taking the mathematical rating formula, the price for Texas Roadhouse, Inc. (NASDAQ:TXRH) stands at 2.89. Earnings Review Texas Roadhouse, Inc. (NASDAQ:TXRH) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-07. For the period ending on 2016-09-30, experts are expecting EPS of $0.36.
Coming to the quarter ending on 2015-12-31, Texas Roadhouse, Inc. (NASDAQ:TXRH) recorded EPS of $0.47. The reported numbers came lower than the analysts’ estimates of $0.44, demonstrating a miss of $0.03 as against reported figures.
Shares of the Texas Roadhouse, Inc. (NASDAQ:TXRH) traded in the range of $45.59 to $46.33 and closed the last trading session at $46.09 on a volume of ((Volume:238}}.
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