Recent Analysts’ 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:

• 10/16/2026 – Texas Roadhouse had its price target lowered by TD Cowen from $230.00 to $195.00. They now have a “buy” rating on the stock.
• 10/15/2026 – Texas Roadhouse had its price target raised by Morgan Stanley from $212.00 to $221.00. They now have an “overweight” rating on the stock.
• 10/15/2026 – Texas Roadhouse was upgraded by Stephens from “equal weight” to “overweight”. They now have a $205.00 price target on the stock.
• 10/14/2026 – Texas Roadhouse was upgraded by Vertical Research to “buy”.
• 10/14/2026 – Texas Roadhouse was downgraded by Barclays PLC from “equal weight” to “cautious”.
• 10/14/2026 – Texas Roadhouse was upgraded by Jefferies Financial Group Inc. from “hold” to “buy”. They now have a $190.00 price target on the stock, up from $186.00.
• 10/14/2026 – Texas Roadhouse was upgraded by Jefferies Financial Group Inc. from “hold” to “buy”. They now have a $190.00 price target on the stock, up from $186.00.
• 10/6/2026 – Texas Roadhouse was upgraded by Benchmark Co. from “hold” to “strong-buy”.
• 10/5/2026 – Texas Roadhouse had its price target lowered by Royal Bank Of Canada from $235.00 to $220.00. They now have an “outperform” rating on the stock.
• 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”.

Texas Roadhouse Dividend Announcement

The firm also recently disclosed 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 was Tuesday, September 1st. This represents a $3.00 annualized dividend and a yield of 1.8%. Texas Roadhouse’s payout ratio is presently 48.00%.

Insider Buying and Selling

In related news, insider Lloyd Marshall sold 500 shares of the firm’s stock in a transaction that occurred 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 sale, the insider owned 9,826 shares of the company’s stock, valued at $2,010,890.90. This trade represents a 4.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Gregory N. Moore sold 3,000 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was 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. The trade was a 10.03% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 19,970 shares of company stock valued at $4,061,808. Insiders own 0.50% of the company’s stock.

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.