Analysts Issue Forecasts for Tractor Supply Q3 Earnings

Tractor Supply Company (NASDAQ:TSCO) – Equities research analysts at Zacks Research cut their Q3 2026 earnings per share estimates for shares of Tractor Supply in a report released on Thursday, August 6th. Zacks Research analyst Team now anticipates that the specialty retailer will earn $0.40 per share for the quarter, down from their prior estimate of $0.51. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Tractor Supply’s current full-year earnings is $1.93 per share. Zacks Research also issued estimates for Tractor Supply’s Q4 2026 earnings at $0.41 EPS, FY2026 earnings at $1.93 EPS, Q1 2027 earnings at $0.34 EPS, Q2 2027 earnings at $0.86 EPS, Q3 2027 earnings at $0.46 EPS, Q4 2027 earnings at $0.43 EPS, FY2027 earnings at $2.09 EPS, Q1 2028 earnings at $0.41 EPS, Q2 2028 earnings at $0.98 EPS and FY2028 earnings at $2.45 EPS.

A number of other analysts have also commented on the stock. Truist Financial set a $32.00 price target on shares of Tractor Supply and gave the company a “hold” rating in a research note on Tuesday, June 16th. Daiwa Securities Group dropped their price objective on shares of Tractor Supply from $52.00 to $41.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Weiss Ratings cut shares of Tractor Supply from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, July 23rd. Stephens decreased their target price on shares of Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 22nd. Finally, Wolfe Research set a $34.00 target price on shares of Tractor Supply in a report on Thursday, July 16th. Thirteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Tractor Supply presently has a consensus rating of “Hold” and a consensus price target of $39.31.

Tractor Supply Price Performance

Shares of NASDAQ:TSCO opened at $34.09 on Friday. Tractor Supply has a twelve month low of $28.36 and a twelve month high of $62.89. The stock’s 50 day moving average is $30.77 and its 200-day moving average is $39.97. The company has a quick ratio of 0.23, a current ratio of 1.33 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $17.88 billion, a price-to-earnings ratio of 17.76, a PEG ratio of 10.87 and a beta of 0.47.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). The firm had revenue of $4.54 billion during the quarter, compared to analyst estimates of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The company’s revenue was up 2.3% on a year-over-year basis. During the same period last year, the business posted $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS.

Tractor Supply Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Monday, August 24th. Tractor Supply’s dividend payout ratio is presently 50.00%.

Insider Buying and Selling at Tractor Supply

In other news, Director Edna Morris bought 1,560 shares of Tractor Supply stock in a transaction dated Tuesday, August 4th. The stock was purchased at an average price of $32.44 per share, for a total transaction of $50,606.40. Following the purchase, the director directly owned 279,720 shares in the company, valued at $9,074,116.80. The trade was a 0.56% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andre J. Hawaux bought 3,150 shares of the stock in a transaction dated Monday, August 3rd. The stock was purchased at an average price of $31.83 per share, with a total value of $100,264.50. Following the acquisition, the director owned 3,150 shares of the company’s stock, valued at $100,264.50. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have purchased 20,310 shares of company stock worth $652,411. Corporate insiders own 0.64% of the company’s stock.

Institutional Investors Weigh In On Tractor Supply

A number of institutional investors have recently added to or reduced their stakes in TSCO. Norges Bank bought a new position in shares of Tractor Supply during the 4th quarter valued at approximately $303,862,000. Select Equity Group L.P. raised its holdings in shares of Tractor Supply by 41.9% in the 2nd quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer’s stock worth $670,887,000 after purchasing an additional 3,753,414 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of Tractor Supply in the 2nd quarter worth approximately $91,772,000. Invesco Ltd. lifted its stake in Tractor Supply by 18.4% in the fourth quarter. Invesco Ltd. now owns 17,433,611 shares of the specialty retailer’s stock valued at $871,855,000 after purchasing an additional 2,706,819 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in Tractor Supply by 37.1% in the fourth quarter. Franklin Resources Inc. now owns 7,705,579 shares of the specialty retailer’s stock valued at $385,356,000 after purchasing an additional 2,086,472 shares during the last quarter. 98.72% of the stock is owned by institutional investors.

Trending Headlines about Tractor Supply

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: CEO Harry A. Lawton III purchased 15,600 shares for approximately $501,540 at an average price of $32.15. Directors Edna Morris and Andre Hawaux also bought shares worth roughly $50,606 and $100,265, respectively. The purchases may signal that company insiders consider recent price levels attractive. Insider purchase filings
• Positive Sentiment: Tractor Supply expanded its pet assortment by more than 200 dog and cat products, including food, treats, toys and everyday essentials. The initiative could strengthen customer traffic, sales and the company’s position in the growing pet-products market. Pet assortment expansion
• Positive Sentiment: The board declared a quarterly cash dividend of $0.24 per share. Investors of record on August 24 will receive payment on September 8. The dividend equates to approximately $0.96 annually and offers a yield near 2.8% at recent prices, providing income support for shareholders. Quarterly dividend announcement
• Neutral Sentiment: Analysts maintain a consensus “Hold” rating and an average price target of $39.31, above recent trading levels. However, the mixed recommendations indicate limited agreement on the pace of Tractor Supply’s recovery.
• Negative Sentiment: The company’s latest quarter produced EPS of $0.81 versus $0.82 expected and revenue of $4.54 billion versus $4.58 billion forecast. Revenue rose only 2.3% year over year, and fiscal 2026 EPS guidance of $1.90–$2.00 underscores continued concerns about growth and execution.

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.