Investment Analysts’ Recent Ratings Changes for Texas Roadhouse (TXRH)

Several brokerages have updated their recommendations and price targets on shares of Texas Roadhouse (NASDAQ: TXRH) in the last few weeks:

• 5/12/2026 – Texas Roadhouse had its price target raised by Stifel Nicolaus from $170.00 to $180.00. They now have a “hold” rating on the stock.
• 5/11/2026 – Texas Roadhouse had its price target raised by Piper Sandler from $190.00 to $192.00. They now have a “neutral” rating on the stock.
• 5/10/2026 – Texas Roadhouse was upgraded by Wall Street Zen from “sell” to “hold”.
• 5/8/2026 – Texas Roadhouse had its price target raised by Royal Bank Of Canada from $175.00 to $180.00. They now have a “sector perform” rating on the stock.
• 5/8/2026 – Texas Roadhouse had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $201.00 price target on the stock.
• 5/8/2026 – Texas Roadhouse had its “hold” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $200.00 price target on the stock.
• 5/8/2026 – Texas Roadhouse had its price target lowered by Barclays PLC from $188.00 to $175.00. They now have an “equal weight” rating on the stock.
• 5/8/2026 – Texas Roadhouse had its price target lowered by TD Cowen from $215.00 to $192.00. They now have a “buy” rating on the stock.
• 5/8/2026 – Texas Roadhouse had its price target lowered by Citigroup Inc. from $176.00 to $174.00. They now have a “neutral” rating on the stock.
• 5/2/2026 – Texas Roadhouse was downgraded by Wall Street Zen from “hold” to “sell”.
• 4/24/2026 – Texas Roadhouse had its price target lowered by Citigroup Inc. from $184.00 to $176.00. They now have a “neutral” rating on the stock.
• 4/21/2026 – Texas Roadhouse was given a new $199.00 price target by Morgan Stanley.
• 4/16/2026 – Texas Roadhouse had its price target lowered by Wells Fargo & Company from $220.00 to $200.00. They now have an “overweight” rating on the stock.
• 4/15/2026 – Texas Roadhouse was given a new $195.00 price target by Deutsche Bank Aktiengesellschaft.
• 4/11/2026 – Texas Roadhouse was upgraded by Wall Street Zen from “sell” to “hold”.

Texas Roadhouse Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 2nd will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, June 2nd. Texas Roadhouse’s dividend payout ratio (DPR) is 47.92%.

Insider Buying and Selling at Texas Roadhouse

In other news, CTO Hernan E. Mujica sold 5,000 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $170.00, for a total transaction of $850,000.00. Following the sale, the chief technology officer owned 15,552 shares of the company’s stock, valued at approximately $2,643,840. This trade represents a 24.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Curtis Warfield sold 2,640 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $183.05, for a total value of $483,252.00. Following the sale, the director directly owned 5,361 shares in the company, valued at $981,331.05. This trade represents a 33.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 16,878 shares of company stock worth $2,924,071. 0.50% of the stock is currently owned by corporate insiders.

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.