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

Tractor Supply (NASDAQ:TSCO) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.900-2.000 for the period, compared to the consensus EPS 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.

Tractor Supply Stock Performance

Shares of NASDAQ TSCO traded down $1.22 during mid-day trading on Friday, hitting $33.51. The company had a trading volume of 5,032,091 shares, compared to its average volume of 10,285,613. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.33 and a quick ratio of 0.23. The business’s 50-day simple moving average is $33.56 and its 200-day simple moving average is $33.40. Tractor Supply has a 12 month low of $28.36 and a 12 month high of $58.20. The firm has a market cap of $17.57 billion, a P/E ratio of 17.46, a PEG ratio of 2.11 and a beta of 0.52.

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

Tractor Supply Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Monday, August 24th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Monday, August 24th. Tractor Supply’s dividend payout ratio is presently 50.00%.

Analysts Set New Price Targets

TSCO has been the subject of several research reports. Robert W. Baird raised their target price on Tractor Supply from $38.00 to $40.00 and gave the stock an “outperform” rating in a research report on Friday. Weiss Ratings raised shares of Tractor Supply from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, September 28th. Zacks Research raised shares of Tractor Supply from a “strong sell” rating to a “hold” rating in a report on Monday, October 5th. Morgan Stanley reaffirmed a “negative” rating and set a $35.00 price objective on shares of Tractor Supply in a report on Friday, July 24th. Finally, Mizuho set a $31.00 price objective on shares of Tractor Supply in a report on Friday. Thirteen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Tractor Supply presently has an average rating of “Hold” and an average price target of $38.54.

Insider Activity at Tractor Supply

In related news, Director Edna Morris acquired 1,560 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was purchased at an average cost of $32.44 per share, for a total transaction of $50,606.40. Following the completion of the purchase, the director directly owned 279,720 shares of the company’s stock, valued at $9,074,116.80. The trade was a 0.56% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andre J. Hawaux acquired 3,150 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were bought at an average cost of $31.83 per share, with a total value of $100,264.50. Following the completion of the acquisition, the director owned 3,150 shares of the company’s stock, valued at approximately $100,264.50. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 20,310 shares of company stock valued at $652,411 in the last 90 days. 0.64% of the stock is owned by corporate insiders.

Key Headlines Impacting Tractor Supply

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

• Positive Sentiment: Third-quarter results exceeded expectations: EPS was $0.43 versus the $0.41 consensus, while revenue rose 5.1% year over year to $3.91 billion, above estimates of $3.82 billion. The sales improvement and sequential recovery in comparable-store performance helped drive investor optimism. Tractor Supply’s Q3 Beat Plants the Seeds for a Stock Rebound
• Positive Sentiment: Full-year guidance is above earnings expectations: Tractor Supply issued fiscal 2026 EPS guidance of $1.90-$2.00, compared with the $1.85 analyst consensus. Revenue guidance of $15.9 billion-$16.1 billion brackets the $16.0 billion consensus, while the company reaffirmed its outlook. Tractor Supply Reports Third Quarter Results
• Positive Sentiment: Cost savings and shareholder returns offer longer-term support: Management is targeting $75 million of annual SG&A reductions over 2027-2028, plans to keep 2027 capital spending below 4% of sales, and continues to support investors through dividends and share repurchases. The company also expects to open approximately 90 stores in 2027.
• Positive Sentiment: Analyst targets moved higher: BNP Paribas Exane raised its price target to $38 and Baird lifted its target to $40; both firms maintain “outperform” ratings, signaling potential upside if the recovery continues.
• Neutral Sentiment: New technology leadership: Tractor Supply appointed Fahim Siddiqui as executive vice president and chief technology and digital officer, effective October 26. The appointment could support digital and operational improvements, but its financial impact is not yet clear.
• Negative Sentiment: Profitability remains under pressure: Despite the sales beat, quarterly EPS declined from $0.49 a year earlier and net income fell as new-store investments, distribution expenses, higher costs, and price reductions compressed margins. Comparable sales increased only 0.4%, underscoring the uneven recovery. Tractor Supply Q3 Earnings Beat on Sales Growth, Margins Fall
• Negative Sentiment: Analyst caution remains: At least one Seeking Alpha analysis downgraded the stock, arguing that margin risks and the slow comparable-sales recovery warrant caution. This may temper the positive reaction to the earnings beat.

About Tractor Supply

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.