Zacks Research Expects Reduced Earnings for Tractor Supply

Tractor Supply Company (NASDAQ:TSCO) – Equities research analysts at Zacks Research lowered their Q1 2026 EPS estimates for Tractor Supply in a report issued on Thursday, February 12th. Zacks Research analyst Team now forecasts that the specialty retailer will post earnings of $0.34 per share for the quarter, down from their previous forecast of $0.38. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Tractor Supply’s current full-year earnings is $2.17 per share. Zacks Research also issued estimates for Tractor Supply’s Q2 2026 earnings at $0.86 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $2.18 EPS, Q1 2027 earnings at $0.40 EPS, Q2 2027 earnings at $0.93 EPS, Q3 2027 earnings at $0.58 EPS, Q4 2027 earnings at $0.50 EPS, FY2027 earnings at $2.41 EPS and FY2028 earnings at $2.72 EPS.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data on Thursday, January 29th. The specialty retailer reported $0.43 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.03). Tractor Supply had a return on equity of 44.36% and a net margin of 7.06%.The company had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $4.03 billion. During the same quarter in the prior year, the firm posted $0.44 EPS. The firm’s quarterly revenue was up 3.3% on a year-over-year basis.

TSCO has been the subject of a number of other research reports. Morgan Stanley dropped their price objective on 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. Wells Fargo & Company reiterated an “overweight” rating and set a $65.00 price target on shares of Tractor Supply in a report on Thursday, October 23rd. Stephens set a $53.00 price target on shares of Tractor Supply and gave the stock an “equal weight” rating in a report on Thursday, January 22nd. Argus decreased their price objective on shares of Tractor Supply from $67.00 to $64.00 and set a “buy” rating on the stock in a research report on Monday, February 2nd. Finally, Evercore reaffirmed an “outperform” rating and set a $60.00 price objective on shares of Tractor Supply in a research note on Friday, January 30th. Fifteen research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.78.

Tractor Supply Price Performance

TSCO opened at $55.03 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.34 and a quick ratio of 0.16. The stock’s 50 day simple moving average is $52.36 and its 200 day simple moving average is $55.44. The firm has a market cap of $29.08 billion, a price-to-earnings ratio of 26.58, a PEG ratio of 2.73 and a beta of 0.74. Tractor Supply has a 1 year low of $46.85 and a 1 year high of $63.99.

Institutional Investors Weigh In On Tractor Supply

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Garner Asset Management Corp purchased a new position in Tractor Supply during the fourth quarter valued at $25,000. Delos Wealth Advisors LLC bought a new position in shares of Tractor Supply in the 2nd quarter worth about $26,000. Aventura Private Wealth LLC purchased a new position in Tractor Supply during the 4th quarter valued at about $27,000. Core Wealth Advisors LLC bought a new stake in Tractor Supply during the fourth quarter worth about $27,000. Finally, JPL Wealth Management LLC purchased a new stake in Tractor Supply in the third quarter worth about $28,000. 98.72% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Tractor Supply

In related news, CEO Harry A. Lawton III sold 84,670 shares of the 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 transaction, the chief executive officer directly owned 606,842 shares of the company’s stock, valued at $32,259,720.72. This represents a 12.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Robert D. Mills sold 62,950 shares of Tractor Supply stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $54.12, for a total value of $3,406,854.00. Following the sale, the executive vice president directly owned 122,834 shares in the company, valued at approximately $6,647,776.08. The trade was a 33.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 211,178 shares of company stock worth $11,341,362 over the last ninety days. Corporate insiders own 0.65% of the company’s stock.

Tractor Supply Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, February 24th. This is a positive change from Tractor Supply’s previous quarterly dividend of $0.23. Tractor Supply’s payout ratio is presently 44.44%.

Trending Headlines about Tractor Supply

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

• Positive Sentiment: Board & capital return: Tractor Supply raised its quarterly dividend to $0.24 (a ~4.3% increase) and appointed Sonia Syngal to the board — a signal of shareholder return focus that typically supports income‑oriented buyers. Read More.
• Neutral Sentiment: Logistics strategy: Management is exploring final‑mile delivery capabilities to improve e‑commerce fulfillment. Potential long‑term upside for sales, but it requires investment and will take time to affect margins. Read More.
• Negative Sentiment: Analyst downgrades/estimates: Zacks Research issued multiple downward revisions to 2026–2028 quarterly and annual EPS forecasts and carries a “Strong Sell” stance — this increases downside risk to consensus expectations and can pressure the stock if other brokers follow. Read More.
• Negative Sentiment: Large insider selling: Two EVPs executed sizable mid‑February sales (Robert D. Mills sold ~62,950 shares; Jonathan S. Estep sold ~59,745 shares), a meaningful reduction in holdings that investors often view as bearish. SEC filings available for review. Read More. | Read More.
• Negative Sentiment: Additional insider sale: CFO Kurt Barton sold 1,884 shares (~$101k), a smaller but additive data point in the insider‑selling pattern. Read More.

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.