Tractor Supply (NASDAQ:TSCO) Issues FY 2026 Earnings Guidance

Tractor Supply (NASDAQ:TSCO) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 2.130-2.230 for the period, compared to the consensus EPS estimate of 2.180. The company issued revenue guidance of $16.1 billion-$16.5 billion, compared to the consensus revenue estimate of $16.3 billion.

Tractor Supply Stock Performance

NASDAQ:TSCO opened at $44.81 on Tuesday. The company has a fifty day simple moving average of $48.52 and a two-hundred day simple moving average of $51.64. The company has a market cap of $23.57 billion, a price-to-earnings ratio of 21.65, a price-to-earnings-growth ratio of 2.40 and a beta of 0.75. The company has a quick ratio of 0.16, a current ratio of 1.34 and a debt-to-equity ratio of 0.70. Tractor Supply has a 52 week low of $43.23 and a 52 week high of $63.99.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.03). The business had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.64 billion. Tractor Supply had a return on equity of 44.36% and a net margin of 7.06%.Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, equities analysts anticipate that Tractor Supply will post 2.18 earnings per share for the current fiscal year.

Tractor Supply Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th were paid a dividend of $0.24 per share. The ex-dividend date was Tuesday, February 24th. This is an increase from Tractor Supply’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.1%. Tractor Supply’s payout ratio is presently 46.38%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on TSCO shares. Citigroup lowered their target price on shares of Tractor Supply from $61.00 to $55.00 and set a “buy” rating for the company in a research note on Tuesday, April 7th. Evercore restated an “outperform” rating and issued a $60.00 price objective on shares of Tractor Supply in a research note on Friday, January 30th. Morgan Stanley decreased their price objective on shares of Tractor Supply from $60.00 to $57.00 and set an “equal weight” rating for the company in a research note on Friday, January 30th. Bank of America assumed coverage on shares of Tractor Supply in a research note on Tuesday, April 7th. They issued a “neutral” rating and a $47.00 price objective for the company. Finally, Jefferies Financial Group decreased their price objective on shares of Tractor Supply from $63.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Fourteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $57.78.

Insiders Place Their Bets

In other news, CEO Harry A. Lawton III sold 84,670 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $53.16, for a total value of $4,501,057.20. Following the completion of the sale, the chief executive officer directly owned 606,842 shares of the company’s stock, valued at approximately $32,259,720.72. This represents a 12.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Robert D. Mills sold 62,950 shares of the company’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $54.12, for a total transaction of $3,406,854.00. Following the completion of the sale, the executive vice president directly owned 122,834 shares of the company’s stock, valued at $6,647,776.08. The trade was a 33.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 222,348 shares of company stock valued at $11,959,621. 0.64% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Select Equity Group L.P. grew its position in shares of Tractor Supply by 41.9% in the second quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer’s stock valued at $670,887,000 after purchasing an additional 3,753,414 shares during the last quarter. Invesco Ltd. raised its stake in Tractor Supply by 18.4% during the fourth quarter. Invesco Ltd. now owns 17,433,611 shares of the specialty retailer’s stock worth $871,855,000 after purchasing an additional 2,706,819 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Tractor Supply by 46.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,046,977 shares of the specialty retailer’s stock worth $252,400,000 after purchasing an additional 1,595,803 shares during the period. Morgan Stanley raised its stake in Tractor Supply by 16.4% during the fourth quarter. Morgan Stanley now owns 10,622,335 shares of the specialty retailer’s stock worth $531,223,000 after purchasing an additional 1,497,130 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in Tractor Supply during the fourth quarter worth approximately $61,637,000. 98.72% of the stock is owned by hedge funds and other institutional investors.

Tractor Supply Company Profile

Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.