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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:TSCO

Tractor Supply (TSCO) Stock Price, News & Analysis

$261.72
+1.28 (+0.49%)
(As of 03/28/2024 ET)
Today's Range
$259.46
$263.09
50-Day Range
$224.60
$266.17
52-Week Range
$185.00
$268.02
Volume
646,949 shs
Average Volume
1.19 million shs
Market Capitalization
$28.24 billion
P/E Ratio
25.94
Dividend Yield
1.68%
Price Target
$238.91

Tractor Supply MarketRank™ Stock Analysis

Analyst Rating
Hold
2.48 Rating Score
Upside/​Downside
8.8% Downside
$238.91 Price Target
Short Interest
Bearish
9.84% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.65
Upright™ Environmental Score
News Sentiment
0.41mentions of Tractor Supply in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$21.20 M Sold Last Quarter
Proj. Earnings Growth
10.11%
From $10.19 to $11.22 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.15 out of 5 stars

Retail/Wholesale Sector

56th out of 203 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

2nd out of 4 stocks

TSCO stock logo

About Tractor Supply Stock (NASDAQ:TSCO)

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise. It provides its products under the 4health, Paws & Claws, American Farmworks, Producer's Pride, Bit & Bridle, Red Shed, Blue Mountain, Redstone, C.E. Schmidt, Retriever, Country Lane, Ridgecut, Countyline, Royal Wing, Country Tuff, Strive, Dumor, Traveller, Farm Table, Treeline, Groundwork, TSC Tractor Supply Co, Huskee, Untamed, and JobSmart brand names. The company operates its retail stores under the Tractor Supply Company, Petsense by Tractor Supply, and Orscheln Farm and Home names; and operates websites under the TractorSupply.com and Petsense.com names. It sells its products to recreational farmers, ranchers, and others. Tractor Supply Company was founded in 1938 and is based in Brentwood, Tennessee.

TSCO Stock Price History

TSCO Stock News Headlines

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Tractor Supply (NASDAQ:TSCO) Hits New 1-Year High at $260.83
TSCO Mar 2024 260.000 put
TSCO May 2024 260.000 call
Tractor Supply Wins 2024 CIO 100 Award
Key Takeaways From Tractor Supply Analyst Ratings
TSCO Mar 2024 215.000 call
TSCO Mar 2024 257.500 put
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Ex-Dividend for 3/12 Dividend
2/23/2024
Dividend Payable
3/12/2024
Today
3/28/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Building materials, hardware, garden supply & mobile home dealers
Sub-Industry
Specialty Stores
Current Symbol
NASDAQ:TSCO
CUSIP
89235610
Fax
N/A
Employees
50,000
Year Founded
1938

Price Target and Rating

Average Stock Price Target
$238.91
High Stock Price Target
$285.00
Low Stock Price Target
$171.00
Potential Upside/Downside
-8.3%
Consensus Rating
Hold
Rating Score (0-4)
2.48
Research Coverage
23 Analysts

Profitability

Net Income
$1.11 billion
Pretax Margin
9.84%

Debt

Sales & Book Value

Annual Sales
$14.56 billion
Cash Flow
$14.03 per share
Book Value
$19.92 per share

Miscellaneous

Free Float
107,658,000
Market Cap
$28.11 billion
Optionable
Optionable
Beta
0.84

Social Links

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Should I Buy Tractor Supply Stock? TSCO Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Tractor Supply was last updated on Tuesday, March 26, 2024 at 10:51 PM.

Pros

Here are some ways that investors could benefit from investing in Tractor Supply:

  • Tractor Supply recently increased its quarterly dividend from $1.03 to $1.10, indicating a commitment to rewarding shareholders with higher returns.
  • Analysts have given Tractor Supply an "outperform" rating with a target price increase, suggesting potential growth and positive outlook for the stock.
  • Institutional investors have shown interest in Tractor Supply, with hedge funds acquiring new positions in the company, indicating confidence in its future performance.
  • Tractor Supply operates as a rural lifestyle retailer in the United States, offering a diverse range of merchandise catering to various needs, which can lead to stable revenue streams.
  • With a current dividend yield of 1.74% and a payout ratio of 43.61%, Tractor Supply provides investors with a steady income stream while maintaining a healthy financial position.

Cons

Investors should be bearish about investing in Tractor Supply for these reasons:

  • Despite the positive ratings and target price increases, there are still sell ratings on the stock, indicating some analysts have concerns about its performance.
  • Tractor Supply's stock price may be influenced by external factors such as market volatility and economic conditions, leading to potential fluctuations in investment returns.
  • While the company has diversified product offerings, it may face competition from other retailers in the industry, impacting its market share and profitability.
  • Investors should consider the impact of any future changes in consumer preferences or spending habits on Tractor Supply's sales and overall financial performance.
  • It's essential for investors to monitor any regulatory changes or industry challenges that could affect Tractor Supply's operations and profitability in the long term.

TSCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Tractor Supply stock right now?

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tractor Supply in the last year. There are currently 2 sell ratings, 8 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TSCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TSCO, but not buy additional shares or sell existing shares.
View TSCO analyst ratings
or view top-rated stocks.

What is Tractor Supply's stock price target for 2024?

23 brokerages have issued 1-year target prices for Tractor Supply's stock. Their TSCO share price targets range from $171.00 to $285.00. On average, they predict the company's share price to reach $238.91 in the next year. This suggests that the stock has a possible downside of 8.8%.
View analysts price targets for TSCO
or view top-rated stocks among Wall Street analysts.

How have TSCO shares performed in 2024?

Tractor Supply's stock was trading at $215.03 at the beginning of the year. Since then, TSCO stock has increased by 21.9% and is now trading at $262.06.
View the best growth stocks for 2024 here
.

When is Tractor Supply's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our TSCO earnings forecast
.

How were Tractor Supply's earnings last quarter?

Tractor Supply (NASDAQ:TSCO) released its earnings results on Thursday, February, 1st. The specialty retailer reported $2.28 earnings per share for the quarter, beating analysts' consensus estimates of $2.22 by $0.06. The specialty retailer had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.67 billion. Tractor Supply had a net margin of 7.61% and a trailing twelve-month return on equity of 53.60%. The business's quarterly revenue was down 8.6% compared to the same quarter last year. During the same period in the prior year, the company earned $2.43 earnings per share.
Read the conference call transcript
.

How often does Tractor Supply pay dividends? What is the dividend yield for Tractor Supply?

Tractor Supply announced a quarterly dividend on Monday, February 5th. Investors of record on Monday, February 26th will be paid a dividend of $1.10 per share on Tuesday, March 12th. This represents a $4.40 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend is Friday, February 23rd. This is a positive change from the stock's previous quarterly dividend of $1.03.
Read our dividend analysis for TSCO
.

Is Tractor Supply a good dividend stock?

Tractor Supply (NASDAQ:TSCO) pays an annual dividend of $4.40 per share and currently has a dividend yield of 1.67%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSCO will have a dividend payout ratio of 39.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TSCO.

What guidance has Tractor Supply issued on next quarter's earnings?

Tractor Supply issued an update on its FY 2024 earnings guidance on Thursday, February, 1st. The company provided EPS guidance of 9.850-10.500 for the period, compared to the consensus EPS estimate of 10.320. The company issued revenue guidance of $14.7 billion-$15.1 billion, compared to the consensus revenue estimate of $15.0 billion.

What is Hal Lawton's approval rating as Tractor Supply's CEO?

90 employees have rated Tractor Supply Chief Executive Officer Hal Lawton on Glassdoor.com. Hal Lawton has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Tractor Supply own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tractor Supply investors own include NVIDIA (NVDA), Johnson & Johnson (JNJ), PayPal (PYPL), Advanced Micro Devices (AMD), Walt Disney (DIS), Netflix (NFLX), Visa (V), Starbucks (SBUX), Mastercard (MA) and Salesforce (CRM).

Who are Tractor Supply's major shareholders?

Tractor Supply's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.84%), Vanguard Group Inc. (11.87%), Capital International Investors (5.77%), Capital World Investors (5.41%), Wellington Management Group LLP (4.27%) and Price T Rowe Associates Inc. MD (2.74%). Insiders that own company stock include Christi C Korzekwa, Colin Yankee, Cynthia T Jamison, Edna Morris, Harry A Lawton III, John P Ordus, Jonathan S Estep, Jonathan S Estep, Kurt D Barton, Mark J Weikel, Matthew L Rubin, Melissa Kersey and Robert D Mills.
View institutional ownership trends
.

How do I buy shares of Tractor Supply?

Shares of TSCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Tractor Supply have any subsidiaries?
The following companies are subsidiares of Tractor Supply: Del's Feed & Farm Supply, Dels Farm Supply LLC, Orscheln Farm and Home, Petsense LLC, Quality Stores, TSC Franklin DC LLC, TSC Navarre DC LLC, TSC Purchasing LLC, TSC SSC Bond LLC, Tractor Supply Co. of Michigan LLC, Tractor Supply Co. of Texas LP, and Tractor Supply Company of Utah LLC.
Read More
This page (NASDAQ:TSCO) was last updated on 3/28/2024 by MarketBeat.com Staff

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