Tractor Supply (NASDAQ:TSCO) Releases 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 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.

Analyst Ratings Changes

A number of research firms recently issued reports on TSCO. TD Cowen restated a “hold” rating and set a $36.00 price objective (up from $34.00) on shares of Tractor Supply in a research report on Friday. Wall Street Zen lowered Tractor Supply from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Raymond James Financial cut their target price on Tractor Supply from $48.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, July 17th. Evercore restated an “outperform” rating and set a $40.00 price target on shares of Tractor Supply in a research report on Tuesday, July 7th. Finally, Argus set a $41.00 price objective on shares of Tractor Supply in a report on Tuesday, July 28th. Thirteen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $38.92.

Tractor Supply Stock Performance

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

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings data on Thursday, October 22nd. The specialty retailer reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.02. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The business had revenue of $3.91 billion during the quarter, compared to the consensus estimate of $3.82 billion. During the same quarter in the prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. On average, equities analysts forecast that Tractor Supply will post 1.94 EPS for the current 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 issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $0.96 annualized dividend and a yield of 2.8%. Tractor Supply’s payout ratio is presently 50.00%.

Insider Buying and Selling at Tractor Supply

In other Tractor Supply news, Director Edna Morris bought 1,560 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average cost of $32.44 per share, for a total transaction of $50,606.40. Following the acquisition, the director directly owned 279,720 shares of the company’s stock, valued at $9,074,116.80. This trade represents a 0.56% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Andre Hawaux purchased 3,150 shares of the company’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 acquisition, the director directly owned 3,150 shares of the company’s stock, valued at $100,264.50. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders bought 20,310 shares of company stock valued at $652,411. 0.64% of the stock is owned by corporate insiders.

Key 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.