Tractor Supply - TSCO Stock Forecast, Price & News

22 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, 14 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.

22 Wall Street analysts have issued 12 month target prices for Tractor Supply's shares. Their TSCO share price forecasts range from $219.00 to $273.00. On average, they anticipate the company's stock price to reach $246.10 in the next year. This suggests a possible upside of 8.3% 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 start of the year. Since then, TSCO stock has increased by 1.0% and is now trading at $227.21.
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Tractor Supply saw a increase in short interest in February. As of February 28th, there was short interest totaling 4,390,000 shares, an increase of 15.8% from the February 13th total of 3,790,000 shares. Based on an average trading volume of 1,020,000 shares, the days-to-cover ratio is currently 4.3 days. Currently, 4.0% of the company's shares are short sold.
View Tractor Supply's Short Interest.

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

Tractor Supply (NASDAQ:TSCO) posted its quarterly earnings data on Thursday, January, 26th. The specialty retailer reported $2.43 EPS for the quarter, beating the consensus estimate of $2.35 by $0.08. The specialty retailer earned $4.01 billion during the quarter, compared to analysts' expectations of $3.88 billion. Tractor Supply had a trailing twelve-month return on equity of 56.65% and a net margin of 7.66%. The company's revenue was up 20.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.93 earnings per share.
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Tractor Supply declared a quarterly dividend on Wednesday, February 8th. Stockholders of record on Monday, February 27th will be given a dividend of $1.03 per share on Tuesday, March 14th. This represents a $4.12 annualized dividend and a yield of 1.81%. The ex-dividend date is Friday, February 24th. This is an increase from the stock's previous quarterly dividend of $0.92.
Read our dividend analysis for TSCO.

ETFs with the largest weight of Tractor Supply (NASDAQ:TSCO) stock in their portfolio include Invesco Dynamic Building & Construction ETF (PKB), VictoryShares Nasdaq Next 50 ETF (QQQN), Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), Motley Fool Mid-Cap Growth ETF (TMFM), Invesco ESG NASDAQ Next Gen 100 ETF (QQJG), Invesco Focused Discovery Growth ETF (IVDG), Nuveen ESG Mid-Cap Growth ETF (NUMG) and 2ndVote Society Defended ETF (EGIS).

Tractor Supply (NASDAQ:TSCO) pays an annual dividend of $4.12 per share and currently has a dividend yield of 1.75%. 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 35.86% 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, January, 26th. The company provided earnings per share guidance of $10.30-10.60 for the period, compared to the consensus estimate of $10.47. The company issued revenue guidance of $15.0-15.3 billion, compared to the consensus revenue estimate of $15.11 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 investors include Geode Capital Management LLC (2.13%), Select Equity Group L.P. (1.98%), Alliancebernstein L.P. (1.95%), Morgan Stanley (1.49%), Ontario Teachers Pension Plan Board (1.38%) and Wells Fargo & Company MN (1.34%). Insiders that own company stock include Benjamin F Parrish Jr, 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, 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 $227.21.

Tractor Supply (NASDAQ:TSCO) has a market capitalization of $25.01 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.