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 twelve months. 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 predict the company's share price to reach $240.79 in the next year. This suggests a possible upside of 29.7% from the stock's current price.
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Tractor Supply's stock was trading at $238.60 on January 1st, 2022. Since then, TSCO shares have decreased by 22.2% and is now trading at $185.59.
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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) issued its earnings results on Thursday, July, 21st. The specialty retailer reported $3.53 EPS for the quarter, hitting analysts' consensus estimates of $3.53. The specialty retailer earned $3.90 billion during the quarter, compared to analyst estimates of $3.89 billion. Tractor Supply had a net margin of 7.76% and a trailing twelve-month return on equity of 53.29%. The firm's revenue for the quarter was up 8.4% on a year-over-year basis. During the same period last year, the company posted $3.19 EPS.
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Tractor Supply declared a quarterly dividend on Thursday, August 4th. Shareholders of record on Monday, August 22nd will be paid a dividend of $0.92 per share on Wednesday, September 7th. This represents a $3.68 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date 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 1.98%. The company has been increasing its dividend for 12 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 (EPS) 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 variety of institutional and retail investors. Top institutional shareholders include State Street Corp (4.17%), Clearbridge Investments LLC (2.25%), Wells Fargo & Company MN (1.25%), Massachusetts Financial Services Co. MA (1.22%), Northern Trust Corp (1.14%) and Legal & General Group Plc (1.13%). 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 $185.59.

Tractor Supply (NASDAQ:TSCO) has a market capitalization of $20.60 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'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.