Tractor Supply (TSCO) Stock Forecast, Price & News

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tractor Supply in the last year. There are currently 7 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TSCO shares.
View TSCO analyst ratings or view top-rated stocks.

21 equities research analysts have issued 1-year target prices for Tractor Supply's shares. Their TSCO share price forecasts range from $219.00 to $280.00. On average, they predict the company's share price to reach $250.62 in the next twelve months. This suggests a possible upside of 18.5% from the stock's current price.
View analysts price targets for TSCO or view top-rated stocks among Wall Street analysts.

Tractor Supply's stock was trading at $224.97 at the beginning of the year. Since then, TSCO shares have decreased by 6.0% and is now trading at $211.50.
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Tractor Supply saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,860,000 shares, an increase of 19.6% from the April 30th total of 4,900,000 shares. Based on an average trading volume of 1,020,000 shares, the days-to-cover ratio is currently 5.7 days. Approximately 5.4% of the shares of the company are short sold.
View Tractor Supply's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our TSCO earnings forecast.

Tractor Supply (NASDAQ:TSCO) issued its quarterly earnings data on Thursday, April, 27th. The specialty retailer reported $1.65 earnings per share for the quarter, missing the consensus estimate of $1.69 by $0.04. The specialty retailer had revenue of $3.30 billion for the quarter, compared to analysts' expectations of $3.31 billion. Tractor Supply had a trailing twelve-month return on equity of 55.53% and a net margin of 7.49%. Tractor Supply's quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.65 EPS.
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Tractor Supply announced a quarterly dividend on Wednesday, May 10th. Stockholders of record on Tuesday, May 30th will be given a dividend of $1.03 per share on Tuesday, June 13th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Friday, May 26th.
Read our dividend analysis for TSCO.

ETFs with the largest weight of Tractor Supply (NASDAQ:TSCO) stock in their portfolio include Optimize AI Smart Sentiment Event-Driven ETF (OAIE), Invesco Dynamic Building & Construction ETF (PKB), Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), VictoryShares Nasdaq Next 50 ETF (QQQN), Motley Fool Mid-Cap Growth ETF (TMFM), Invesco Focused Discovery Growth ETF (IVDG), Nuveen ESG Mid-Cap Growth ETF (NUMG) and Invesco ESG NASDAQ Next Gen 100 ETF (QQJG).

Tractor Supply (NASDAQ:TSCO) pays an annual dividend of $4.12 per share and currently has a dividend yield of 1.95%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 42.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSCO will have a dividend payout ratio of 35.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TSCO.

Tractor Supply updated its FY23 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $10.30-$10.60 for the period, compared to the consensus EPS estimate of $10.51. The company issued revenue guidance of $15.0-$15.3 billion, compared to the consensus revenue estimate of $15.24 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 trades on the NASDAQ under the ticker symbol "TSCO."

Tractor Supply's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.81%), State Street Corp (4.07%), JPMorgan Chase & Co. (2.57%), Geode Capital Management LLC (2.28%), Select Equity Group L.P. (1.55%) and Stifel Financial Corp (1.37%). Insiders that own company stock include Benjamin F Parrish Jr, 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.

Shares of TSCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TSCO stock can currently be purchased for approximately $211.50.

Tractor Supply (NASDAQ:TSCO) has a market capitalization of $23.17 billion and generates $14.20 billion in revenue each year. The specialty retailer earns $1.09 billion in net income (profit) each year or $9.71 on an earnings per share basis.

The company employs 49,000 workers across the globe.

Tractor Supply's mailing address is 5401 VIRGINIA WAY, BRENTWOOD TN, 37027. The official website for the company is www.tractorsupply.com. The specialty retailer can be reached via phone at (615) 440-4000 or via email at investorrelations@tractorsupply.com.