Tractor Supply - TSCO Stock Forecast, Price & News

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tractor Supply in the last year. There are currently 5 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TSCO shares.
View TSCO analyst ratings or view top-rated stocks.

19 analysts have issued twelve-month price objectives for Tractor Supply's shares. Their TSCO share price forecasts range from $207.00 to $270.00. On average, they expect the company's stock price to reach $240.53 in the next twelve months. This suggests a possible upside of 24.1% 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 $238.60 at the beginning of the year. Since then, TSCO shares have decreased by 18.8% and is now trading at $193.74.
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Tractor Supply saw a increase in short interest in July. As of July 31st, there was short interest totaling 3,720,000 shares, an increase of 21.6% from the July 15th total of 3,060,000 shares. Based on an average daily volume of 1,240,000 shares, the short-interest ratio is currently 3.0 days. Approximately 3.3% of the company's stock are sold short.
View Tractor Supply's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our TSCO earnings forecast.

Tractor Supply (NASDAQ:TSCO) posted its quarterly earnings results on Thursday, July, 21st. The specialty retailer reported $3.53 earnings per share for the quarter, topping the consensus estimate of $3.51 by $0.02. The specialty retailer had revenue of $3.90 billion for the quarter, compared to analysts' expectations of $3.89 billion. Tractor Supply had a trailing twelve-month return on equity of 53.29% and a net margin of 7.76%. The company's revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.19 EPS.
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Tractor Supply announced a quarterly dividend on Thursday, August 4th. Shareholders of record on Monday, August 22nd will be given a dividend of $0.92 per share on Wednesday, September 7th. This represents a $3.68 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend is Friday, August 19th.
Read our dividend analysis for TSCO.

Tractor Supply (NASDAQ:TSCO) pays an annual dividend of $3.68 per share and currently has a dividend yield of 1.93%. 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 40.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSCO will have a dividend payout ratio of 35.45% 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 FY 2022 earnings guidance on Friday, July, 29th. The company provided earnings per share guidance of $9.48-$9.60 for the period, compared to the consensus EPS estimate of $9.58. The company issued revenue guidance of $13.95 billion-$14.05 billion, compared to the consensus revenue estimate of $13.88 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 number of retail and institutional investors. Top institutional shareholders include Veritas Investment Partners UK Ltd. (0.92%), Maj Invest Holding A S (0.80%), Envestnet Asset Management Inc. (0.72%), JPMorgan Chase & Co. (0.69%), Sumitomo Mitsui Trust Holdings Inc. (0.58%) and TD Asset Management Inc. (0.53%). Insiders that own company stock include Benjamin F Parrish Jr, Chad Michael Frazell, Christi C Korzekwa, Colin Yankee, Cynthia T Jamison, Edna Morris, Gregory A Sandfort, Harry A Lawton III, John P Ordus, Jonathan S Estep, Jonathan S Estep, Kurt D Barton, 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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One share of TSCO stock can currently be purchased for approximately $193.74.

Tractor Supply (NASDAQ:TSCO) has a market capitalization of $21.51 billion and generates $12.73 billion in revenue each year. The specialty retailer earns $997.11 million in net income (profit) each year or $9.06 on an earnings per share basis.

The company employs 46,000 workers across the globe.

Tractor Supply was founded in 1938.

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.