Tractor Supply (TSCO) Stock Price, News & Analysis

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tractor Supply in the last twelve months. There are currently 2 sell ratings, 8 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street 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.
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23 Wall Street research analysts have issued twelve-month price objectives for Tractor Supply's stock. Their TSCO share price targets range from $171.00 to $285.00. On average, they expect the company's stock price to reach $239.83 in the next twelve months. This suggests that the stock has a possible downside of 0.9%.
View analysts price targets for TSCO or view top-rated stocks among Wall Street analysts.

Tractor Supply's stock was trading at $215.03 at the beginning of 2024. Since then, TSCO stock has increased by 12.5% and is now trading at $241.97.
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Tractor Supply saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 8,550,000 shares, a drop of 19.3% from the March 15th total of 10,590,000 shares. Based on an average daily volume of 1,160,000 shares, the days-to-cover ratio is presently 7.4 days. Currently, 8.0% of the company's shares are sold short.
View Tractor Supply's Short Interest.

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

Tractor Supply will be holding an earnings conference call on Thursday, April 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Tractor Supply (NASDAQ:TSCO) posted its quarterly earnings results on Thursday, February, 1st. The specialty retailer reported $2.28 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.06. The specialty retailer earned $3.66 billion during 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%. Tractor Supply's revenue was down 8.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.43 earnings per share.
Read the conference call transcript.

Tractor Supply announced a quarterly dividend on Monday, February 5th. Stockholders 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 1.82%. The ex-dividend date is Friday, February 23rd. This is an increase from the stock's previous quarterly dividend of $1.03.
Read our dividend analysis for TSCO.

Tractor Supply (NASDAQ:TSCO) pays an annual dividend of $4.40 per share and currently has a dividend yield of 1.80%. 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.

ETFs with the largest weight of Tractor Supply (NASDAQ:TSCO) stock in their portfolio include VictoryShares Nasdaq Next 50 ETF (QQQN), Invesco Focused Discovery Growth ETF (IVDG), Motley Fool Mid-Cap Growth ETF (TMFM), 2ndVote Society Defended ETF (EGIS), Invesco ESG NASDAQ Next Gen 100 ETF (QQJG), ASYMshares ASYMmetric S&P 500 ETF (ASPY), Freedom Day Dividend ETF (MBOX) and Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD).

Tractor Supply updated its FY 2024 earnings guidance on Thursday, February, 1st. The company provided earnings per share guidance of 9.850-10.500 for the period, compared to the consensus earnings per share 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.

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.

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).

Tractor Supply's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Fort Pitt Capital Group LLC (0.30%), Congress Asset Management Co. MA (0.15%), Pensioenfonds Rail & OV (0.14%), IMC Chicago LLC (0.00%), Running Oak Capital LLC (0.04%) and West Coast Financial LLC (0.03%). 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.
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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.
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