The Cheesecake Factory Incorporated(CAKE) is having a Dividend Yield of 1.55% with the Annual cash Dividend per share of $0.88. The last quarter cash dividend per share pay out was $0.24. The Cheesecake Factory Incorporated has a 5 year average dividend yield of 1.24% and the stock has a Indicated annual dividend of $0.96. The Cheesecake Factory Incorporated(CAKE) formally announced its most recent dividend on October 27, 2016 with a Dividend per share of $0.24. The new indicated annual dividend based on announced dividend per share is $0.96. The dividend yield based on the forward looking indicated annual dividend is 1.55%. The Cheesecake Factory Incorporated(CAKE) has the most recent dividend payout ratio of 0.36 with a 5-year average payout ratio of 0.26. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.09. The 5 year historical dividend growth of The Cheesecake Factory Incorporated(CAKE) is at the rate of 18.67% while the R-Squared dividend growth is 0.95. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
The Cheesecake Factory Incorporated (NASDAQ:CAKE) witnessed a decline in the market cap on Thursday as its shares dropped 0.29% or 0.18 points. After the session commenced at $61.87, the stock reached the higher end at $62.12 while it hit a low of $61.125. With the volume soaring to 658,862 shares, the last trade was called at $61.61. The company has a 52-week high of $64.41. The company has a market cap of $2,922 million and there are 47,430,086 shares in outstanding. The 52-week low of the share price is $46.93. Shares of The Cheesecake Factory Incorporated rose by 0.41% in the last five trading days and 3.58% for the last 4 weeks. The Cheesecake Factory Incorporated is up 5.91% in the last 3-month period. Year-to-Date the stock performance stands at 2.89%.
Currently the company Insiders own 8.5% of The Cheesecake Factory Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.27% . Institutional Investors own 95.52% of The Cheesecake Factory Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -15.28%. Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Debby R Zurzolo (Exec VP, Gen Counsel & Secy) sold 1,600 shares at 61.89 per share price.On Nov 29, 2016, Cheryl Slomann (Principal Accounting Officer) sold 1,000 shares at 59.38 per share price.On Nov 23, 2016, David M Gordon (President) sold 15,000 shares at 59.30 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Cheesecake Factory Inc was Downgraded by Jefferies to Underperform on Jan 4, 2017.
Cheesecake Factory Inc Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.70 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $0.61. The company had revenue of $560.00 million for the quarter, compared to analysts expectations of $557.78 million. The companys revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 EPS.
The Cheesecake Factory operates many upscale, high volume, casual dining restaurants. They offer over 200 menu items including appetizers, pizza, seafood, steaks, chicken, burgers, pasta, salads, sandwiches, omelets and signature desserts including over 40 varieties of cheesecake.