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

Several analysts have recently updated their ratings and price targets for Texas Roadhouse (NASDAQ: TXRH):

• 10/2/2026 – Texas Roadhouse had its “sector weight” rating reaffirmed by KeyCorp.
• 9/29/2026 – Texas Roadhouse had its price target lowered by JPMorgan Chase & Co. from $202.00 to $200.00. They now have a “neutral” rating on the stock.
• 9/25/2026 – Texas Roadhouse was given a new $220.00 price target by Evercore Inc.
• 9/16/2026 – Texas Roadhouse is now covered by Seaport Research Partners. They set a “buy” rating and a $195.00 price target on the stock.
• 9/15/2026 – Texas Roadhouse is now covered by Seaport Research Partners. They set a “buy” rating and a $195.00 price target on the stock.
• 9/9/2026 – Texas Roadhouse was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 8/26/2026 – Texas Roadhouse had its “buy (b-)” rating reaffirmed by Weiss Ratings.
• 8/24/2026 – Texas Roadhouse was upgraded by Robert W. Baird to “strong-buy”.
• 8/10/2026 – Texas Roadhouse had its “hold” rating reaffirmed by Benchmark Co..
• 8/10/2026 – Texas Roadhouse had its price target raised by Piper Sandler from $192.00 to $208.00. They now have a “neutral” rating on the stock.
• 8/7/2026 – Texas Roadhouse had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $212.00 price target on the stock.
• 8/7/2026 – Texas Roadhouse had its price target raised by Royal Bank Of Canada from $210.00 to $235.00. They now have an “outperform” rating on the stock.
• 8/7/2026 – Texas Roadhouse was given a new $235.00 price target by Robert W. Baird.
• 8/7/2026 – Texas Roadhouse had its price target raised by Wells Fargo & Company from $220.00 to $230.00. They now have an “overweight” rating on the stock.
• 8/7/2026 – Texas Roadhouse had its price target raised by Citigroup Inc. from $193.00 to $209.00. They now have a “neutral” rating on the stock.
• 8/7/2026 – Texas Roadhouse had its price target raised by TD Cowen from $205.00 to $230.00. They now have a “buy” rating on the stock.
• 8/7/2026 – Texas Roadhouse had its price target raised by Stephens from $180.00 to $205.00. They now have an “equal weight” rating on the stock.
• 8/7/2026 – Texas Roadhouse had its price target raised by BTIG Research from $200.00 to $220.00. They now have a “buy” rating on the stock.
• 8/3/2026 – Texas Roadhouse had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $235.00 price target on the stock.
• 8/3/2026 – Texas Roadhouse had its price target raised by UBS Group AG from $210.00 to $235.00. They now have a “buy” rating on the stock.

Texas Roadhouse Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st were given a $0.75 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $3.00 dividend on an annualized basis and a yield of 1.9%. Texas Roadhouse’s payout ratio is 48.00%.

Insider Buying and Selling at Texas Roadhouse

In related news, Director Hugh J. Carroll sold 650 shares of Texas Roadhouse stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $203.99, for a total value of $132,593.50. Following the completion of the sale, the director owned 2,883 shares of the company’s stock, valued at $588,103.17. The trade was a 18.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 sale, 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 19,970 shares of company stock worth $4,061,808. 0.50% of the stock is owned by company insiders.

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.