Tractor Supply (NASDAQ:TSCO) Issues FY 2026 Earnings Guidance

Tractor Supply (NASDAQ:TSCO) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 1.900-2.000 for the period, compared to the consensus earnings per share estimate of 1.850. The company issued revenue guidance of $15.9 billion-$16.1 billion, compared to the consensus revenue estimate of $16.0 billion.

Wall Street Analyst Weigh In

Several equities analysts have commented on TSCO shares. Piper Sandler set a $35.00 price target on Tractor Supply in a report on Friday. Mizuho set a $31.00 target price on Tractor Supply in a report on Friday. Truist Financial set a $33.00 price objective on Tractor Supply and gave the company a “hold” rating in a research report on Monday. Wolfe Research set a $34.00 target price on shares of Tractor Supply in a research note on Thursday, July 16th. Finally, Robert W. Baird upped their price objective on shares of Tractor Supply from $38.00 to $40.00 and gave the company an “outperform” rating in a research report on Friday. Thirteen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $38.92.

Tractor Supply Price Performance

Shares of Tractor Supply stock traded down $0.80 during mid-day trading on Friday, reaching $33.93. 951,913 shares of the stock were exchanged, compared to its average volume of 10,263,288. Tractor Supply has a fifty-two week low of $28.36 and a fifty-two week high of $58.20. The firm has a 50-day simple moving average of $33.56 and a 200 day simple moving average of $33.40. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.83. The company has a market cap of $17.79 billion, a price-to-earnings ratio of 17.66, a price-to-earnings-growth ratio of 2.11 and a beta of 0.52.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Thursday, October 22nd. The specialty retailer reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.02. The firm had revenue of $3.91 billion during the quarter, compared to analysts’ expectations of $3.82 billion. Tractor Supply had a return on equity of 41.74% and a net margin of 6.42%. The business’s revenue was up 5.1% on a year-over-year basis. During the same period last year, the firm posted $0.49 EPS. On average, sell-side analysts predict that Tractor Supply will post 1.94 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Monday, August 24th. Tractor Supply’s payout ratio is currently 50.00%.

Insider Activity

In other news, CEO Harry A. Lawton III purchased 15,600 shares of Tractor Supply stock in a transaction dated Tuesday, August 4th. The shares were bought at an average cost of $32.15 per share, with a total value of $501,540.00. Following the completion of the transaction, the chief executive officer directly owned 15,600 shares in the company, valued at $501,540. This trade represents a ? increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andre J. Hawaux purchased 3,150 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was bought at an average cost of $31.83 per share, for a total transaction of $100,264.50. Following the purchase, the director owned 3,150 shares of the company’s stock, valued at approximately $100,264.50. This represents a ? increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have acquired 20,310 shares of company stock valued at $652,411. 0.64% of the stock is currently owned by insiders.

More Tractor Supply News

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: Third-quarter adjusted earnings were $0.43 per share, above the $0.41 analyst consensus, while revenue rose 5.1% year over year to $3.91 billion and exceeded estimates. The company also reaffirmed its fiscal 2026 outlook, helping support investor confidence. Third-Quarter 2026 Financial Results
• Positive Sentiment: Comparable sales improved sequentially in the third quarter, suggesting that demand may be stabilizing after a softer period. Management also outlined a recovery path that includes continued operational improvements and cost reductions. Earnings Call Recovery Path
• Positive Sentiment: Management plans to invest approximately 40% of $100 million in tariff refunds into lower prices, while targeting $75 million in annual SG&A savings over 2027–2028. Capital spending is expected to remain below 4% of sales in 2027, potentially supporting cash flow. Three Key Takeaways for Long-Term Investors
• Positive Sentiment: Analysts at BNP Paribas Exane and Robert W. Baird raised their price targets to $38 and $40, respectively, and maintained outperform ratings. The revisions signal continued confidence in Tractor Supply’s longer-term recovery potential. Analyst Ratings
• Neutral Sentiment: Tractor Supply plans to open 90 stores in 2027, including locations with larger garden centers and redesigned layouts. The expansion could support future sales, though it also requires continued investment. New Store Expansion
• Negative Sentiment: Despite the sales beat, quarterly earnings declined 11.6% from $0.49 per share a year ago. Higher costs, price reductions and narrower margins are pressuring profitability, prompting some analysts to caution that a full recovery may take time. Q3 Earnings Beat but Margins Fall

Tractor Supply Company Profile

Tractor Supply Company (NASDAQ:TSCO) is a specialty retailer serving the needs of farmers, ranchers, hobby farmers, pet owners, gardeners and other rural lifestyle customers. The company operates under the Tractor Supply banner and focuses on products that support everyday rural living, land maintenance and animal care.

Its merchandise includes livestock and pet feed, animal health and care products, fencing, hardware, tools, power equipment, lawn and garden supplies, work clothing, footwear, automotive products and seasonal goods.