Tractor Supply Stock Price, News & Analysis (NASDAQ:TSCO)

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tractor Supply in the last twelve months. There are currently 10 hold ratings, 16 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TSCO shares.
View TSCO analyst ratings or view top-rated stocks.

27 brokerages have issued twelve-month price targets for Tractor Supply's shares. Their TSCO share price targets range from $195.00 to $280.00. On average, they predict the company's share price to reach $234.42 in the next twelve months. This suggests a possible upside of 10.5% 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 2023. Since then, TSCO stock has decreased by 5.7% and is now trading at $212.07.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024.
View our TSCO earnings forecast.

Tractor Supply (NASDAQ:TSCO) released its earnings results on Thursday, October, 26th. The specialty retailer reported $2.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.27 by $0.06. The specialty retailer earned $3.41 billion during the quarter, compared to the consensus estimate of $3.46 billion. Tractor Supply had a net margin of 7.58% and a trailing twelve-month return on equity of 55.43%.

Tractor Supply announced a quarterly dividend on Wednesday, November 8th. Shareholders of record on Monday, November 27th will be paid a dividend of $1.03 per share on Tuesday, December 12th. This represents a $4.12 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Friday, November 24th.
Read our dividend analysis for TSCO.

Tractor Supply (NASDAQ:TSCO) pays an annual dividend of $4.12 per share and currently has a dividend yield of 1.96%. 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 40.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSCO will have a dividend payout ratio of 39.46% 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 Invesco Building & Construction ETF (PKB), Invesco Focused Discovery Growth ETF (IVDG), VictoryShares Nasdaq Next 50 ETF (QQQN), 2ndVote Society Defended ETF (EGIS), Motley Fool Mid-Cap Growth ETF (TMFM), Nuveen ESG Mid-Cap Growth ETF (NUMG), Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) and Thrivent Small-Mid Cap ESG ETF (TSME).

Tractor Supply issued an update on its FY23 earnings guidance on Thursday, October, 26th. The company provided earnings per share guidance of $10.00-10.10 for the period, compared to the consensus estimate of $10.22. The company issued revenue guidance of $14.50-14.60 billion, compared to the consensus revenue estimate of $14.81 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 many different institutional and retail investors. Top institutional investors include Wellington Management Group LLP (2.61%), Invesco Ltd. (1.87%), Stifel Financial Corp (1.46%), Morgan Stanley (1.40%), Northern Trust Corp (1.09%) and Envestnet Asset Management Inc. (1.06%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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