Texas Roadhouse has always been that "loud" stock—both in terms of its restaurant atmosphere and its consistent performance on the NASDAQ. If you’re checking the txrh stock price today, you’ll see it’s hovering around $194.49. It’s a solid number. Honestly, it’s coming off a pretty impressive week where the price climbed up from the $188 range, showing that even with all the talk about "expensive beef" and "tighter wallets," people are still lining up for those free rolls and cinnamon butter.
What's Actually Moving the txrh stock price today?
Markets are funny. Sometimes a stock moves because of a grand visionary statement, and sometimes it moves because a company simply knows how to sell a steak. Texas Roadhouse is definitely the latter. As of mid-January 2026, the stock has been flirting with its 52-week high of $199.99.
But here’s the thing. While the surface-level numbers look great, the "under the hood" metrics are where the real story lives. The company recently reported a bit of a mixed bag in their Q3 results. They beat revenue expectations—hauling in a massive $1.44 billion—but they slightly missed the earnings per share (EPS) target, coming in at $1.25 against a $1.28 estimate.
Why does that matter for the txrh stock price today? Because it shows the tug-of-war between strong customer demand and the annoying reality of inflation. Beef prices haven't been kind. Management even had to nudge menu prices up by about 1.7% at the start of Q4 to protect those margins.
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The 35-Store Ambition
If you're looking at the long game, you've gotta look at the expansion. For 2026, Texas Roadhouse isn't sitting still. They’re planning to open about 35 new company-owned locations. This isn't just more of the flagship brand, either. We’re talking about:
- 20 new Texas Roadhouse spots.
- 10 Bubba’s 33 units (their sports bar concept that’s finally catching fire).
- 5 Jaggers locations (their foray into the fast-casual chicken game).
They are also in the process of buying back franchise locations in California. This "unit growth" strategy is basically their way of saying, "We don't care if the economy is weird; we're growing anyway."
The Dividend Factor Most People Ignore
Investors often obsess over the daily ticker change and forget about the check in the mail. Texas Roadhouse has become a bit of a dividend darling lately. They’re paying out $0.68 per share quarterly. That’s a roughly 1.4% to 1.5% yield. It doesn't sound like a lot until you realize they’ve been growing that dividend at a double-digit clip—about 28% on average over the last three years.
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It's rare to find a "growth" company in the restaurant space that also acts like a "value" stock by handing back cash so aggressively. It’s kinda their secret weapon for keeping long-term shareholders from jumping ship when beef prices spike.
Analyst Sentiment: Buy or Hold?
Wall Street is currently a bit split, though leaning toward "cautiously optimistic." The average price target is sitting right around $194.00, which is basically where we are right now.
- The Bulls: They see the 5-6% store-week growth and the 6.1% increase in same-store sales as proof that the brand is bulletproof.
- The Bears: They point to the $400 million in capital expenditures (CapEx) planned for 2026. That's a lot of cash going into buildings instead of the bottom line.
- The Middle Ground: Firms like Zacks currently have it at a "Rank #2 (Buy)," suggesting there's still some meat on the bone despite the stock's recent run-up.
Is the Current Price "Fair"?
Let’s talk valuation. Right now, TXRH is trading at a P/E ratio of about 29.7. For a restaurant, that’s not exactly "cheap." Chipotle often trades higher, sure, but your local diner certainly doesn't.
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Some models, like a classic Discounted Cash Flow (DCF), suggest the fair value could actually be as high as $224.57. If you believe those numbers, the txrh stock price today is actually a bit of a bargain, offered at a 13% discount. However, other analysts argue that at $194, the market has already priced in all the "good news" of the 2026 expansion.
Actionable Steps for Investors
If you’re watching the ticker today and wondering whether to click "buy" or "sell," consider these specific moves:
- Watch the $200 Resistance: The stock has struggled to break and hold above $200. A clean break above that mark on high volume would be a strong technical signal.
- Monitor the Beef PPI: Since beef is their largest commodity cost, any cooling in wholesale beef prices is an immediate win for their margins.
- Check the Feb 19 Earnings: The next big catalyst is the Q4 earnings report scheduled for mid-February. This will reveal if that 1.7% price hike actually worked or if it scared guests away.
- Diversify within the sector: If the valuation feels too high, compare their 9% revenue growth projection against peers like Darden (LongHorn) or Bloomin' Brands (Outback) to see who’s actually winning the "steak war" in your portfolio.
Texas Roadhouse has proven it can handle a lot of heat. Whether it can keep the momentum going through a capital-intensive 2026 is the question every shareholder needs to answer for themselves. For now, the "Roadie" culture seems to be keeping the tables full and the stock price steady.