Texas Roadhouse Stock Symbol NasdaqGS:TXRH Market Report

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Texas Roadhouse is a popular American chain of casual dining restaurants. The company's stock symbol is listed as TXRH on the Nasdaq Global Select Market.

Texas Roadhouse went public in 2004, offering 8 million shares of common stock at $11 per share. This initial public offering raised $88 million for the company.

The company's stock has experienced significant growth over the years, with its market capitalization reaching over $10 billion.

Financial Analysis

Texas Roadhouse's revenue reached $4.63 billion in 2023, a 15.36% increase from the previous year.

This impressive growth is a testament to the company's ability to expand its operations and increase its market value.

In 2023, Texas Roadhouse's earnings were $304.88 million, a 12.99% increase from the previous year.

The company's remarkable growth since its IPO has been nothing short of remarkable, expanding from 162 to nearly 775 units and achieving a 15-fold increase in market value.

Risk Analysis

Risk Analysis is a crucial step in the financial analysis process. It helps identify potential risks that could impact a company's financial performance.

Credit: youtube.com, What Does a Wall Street Risk Analyst Do? (Tasks, Hours, Salary, Career Trajectory, and More!)

To conduct a thorough risk analysis, you need to consider various factors, such as market risks, credit risks, and operational risks. These risks can have a significant impact on a company's financial statements.

Market risks can be identified by analyzing a company's exposure to market fluctuations, such as changes in interest rates or commodity prices. This can be seen in the company's financial statements, where changes in market conditions can affect revenue and profitability.

Credit risks can be mitigated by evaluating a company's creditworthiness and assessing its ability to meet its financial obligations. A company's credit rating can indicate its creditworthiness.

Operational risks can be identified by examining a company's internal controls and processes. A company's financial statements can also provide insight into its operational efficiency.

By conducting a thorough risk analysis, you can identify potential risks and develop strategies to mitigate them. This can help improve a company's financial performance and reduce its risk exposure.

Announces Quarterly Dividend

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Texas Roadhouse, Inc. announced a quarterly dividend of $0.61 per share in November 2024, a significant move that highlights the company's commitment to sharing its success with its shareholders.

This dividend payment is a direct result of the company's strong financial performance, which saw a 15.36% increase in revenue in 2023 to $4.63 billion.

The company's revenue growth has been steady, with a 12.99% increase in earnings to $304.88 million in 2023, demonstrating its ability to generate substantial profits.

The dividend payment is a testament to the company's financial stability and its confidence in its future prospects.

Txrh Stock Overview

Texas Roadhouse, or TXRH, has experienced remarkable growth since its IPO, expanding from 162 to nearly 775 units and achieving a 15-fold increase in market value.

In 2023, the company's revenue was $4.63 billion, a 15.36% increase from the previous year's $4.01 billion. This growth is impressive, and it's no wonder their stock has seen significant returns.

Interior Design Of A Glass Wall Restaurant
Credit: pexels.com, Interior Design Of A Glass Wall Restaurant

TXRH's customer loyalty and satisfaction have driven its stock to double, outperforming the market despite industry concerns and temporary margin hits. This is evident in their Q3 earnings report, which shows a strong performance.

Here's a breakdown of TXRH's shareholder returns over the past year:

As you can see, TXRH has exceeded both the US Hospitality industry and the US Market in terms of returns over the past year. Their strong performance is reflected in their fundamental analysis, which gives them a 6/6 score for past performance.

Frequently Asked Questions

Is Texas Roadhouse stock a good buy?

According to 20 Wall Street analysts, Texas Roadhouse stock is a good buy, with a strong consensus to purchase. However, it's essential to do your own research and consider multiple factors before making an investment decision.

Is Texas Roadhouse a private or public company?

Texas Roadhouse is a publicly traded company, listed on the NASDAQ stock exchange. This means its shares are available for the general public to buy and sell.

How often does Texas Roadhouse pay dividends?

Texas Roadhouse pays dividends four times a year, on a quarterly basis. This means you can expect to receive dividend payments regularly throughout the year.

When did Texas Roadhouse IPO?

Texas Roadhouse went public on October 5, 2004, with an initial public offering (IPO) price of $17.50. The company's stock is listed under the ticker NASDAQ:TXRH.

Kellie Hessel

Junior Writer

Kellie Hessel is a rising star in the world of journalism, with a passion for uncovering the stories that shape our world. With a keen eye for detail and a knack for storytelling, Kellie has established herself as a go-to writer for industry insights and expert analysis. Kellie's areas of expertise include the insurance industry, where she has developed a deep understanding of the complex issues and trends that impact businesses and individuals alike.

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