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

Tractor Supply (NASDAQ:TSCO) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 2.130-2.230 for the period, compared to the consensus estimate of 2.180. The company issued revenue guidance of $16.1 billion-$16.5 billion, compared to the consensus revenue estimate of $16.3 billion.

Tractor Supply Stock Down 1.5%

Shares of Tractor Supply stock opened at $38.96 on Thursday. The business’s 50 day simple moving average is $47.91 and its 200 day simple moving average is $51.44. Tractor Supply has a 52-week low of $38.29 and a 52-week high of $63.99. The firm has a market cap of $20.49 billion, a PE ratio of 19.10, a P/E/G ratio of 2.10 and a beta of 0.75. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38.

Tractor Supply (NASDAQ:TSCO) last announced its earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The firm had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same period in the prior year, the business posted $0.34 EPS. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, analysts predict that Tractor Supply will post 2.18 earnings per share for the current fiscal year.

Tractor Supply Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th were given a $0.24 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $0.96 dividend on an annualized basis and a yield of 2.5%. This is a boost from Tractor Supply’s previous quarterly dividend of $0.23. Tractor Supply’s payout ratio is 46.38%.

Wall Street Analyst Weigh In

TSCO has been the subject of a number of analyst reports. Evercore restated an “outperform” rating and issued a $60.00 price target on shares of Tractor Supply in a research note on Friday, January 30th. Robert W. Baird set a $60.00 price target on Tractor Supply and gave the company an “outperform” rating in a research note on Friday, April 17th. Wall Street Zen downgraded Tractor Supply from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. JPMorgan Chase & Co. decreased their price target on Tractor Supply from $62.00 to $59.00 and set a “neutral” rating for the company in a research note on Friday, January 30th. Finally, Zacks Research upgraded Tractor Supply from a “strong sell” rating to a “hold” rating in a research note on Monday. Fourteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, Tractor Supply presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.96.

Insider Transactions at Tractor Supply

In other news, EVP Jonathan S. Estep sold 59,745 shares of Tractor Supply stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $54.03, for a total transaction of $3,228,022.35. Following the completion of the transaction, the executive vice president directly owned 80,931 shares in the company, valued at approximately $4,372,701.93. The trade was a 42.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Robert D. Mills sold 62,950 shares of Tractor Supply stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $54.12, for a total value of $3,406,854.00. Following the transaction, the executive vice president owned 122,834 shares of the company’s stock, valued at $6,647,776.08. This represents a 33.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 222,348 shares of company stock valued at $11,959,621. 0.64% of the stock is owned by insiders.

Tractor Supply News Summary

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

• Positive Sentiment: Management reaffirmed FY‑2026 guidance (EPS $2.13–2.23) and emphasized steady revenue outlook, which limits downside versus a full guidance reset. Q1 2026 Earnings Call Summary
• Positive Sentiment: Digital sales grew at a double‑digit rate and four of five product categories were positive — signs of durable demand and channel mix improvement despite a weak companion‑animal category. Fool: Dividend Stock Getting Crushed
• Neutral Sentiment: Company highlighted record store openings and ongoing omnichannel investments on the call — positive long‑term but not an immediate offset to margin/slowing comps concerns. Q1 Highlights: Record Store Openings and Digital
• Negative Sentiment: Q1 results missed expectations: EPS $0.31 vs. $0.35 consensus and revenue below estimates; comparable‑store sales were essentially flat, pressuring the share price. Tractor Supply Sets New 1-Year Low After Earnings Miss
• Negative Sentiment: Margins compressed as SG&A and transportation/tariff costs rose, driving a year‑over‑year decline in operating income and net income — a key driver of near‑term investor concern. Quiver Quant: Slides After Q1 Miss
• Negative Sentiment: Wall Street reacted with multiple price‑target cuts and more cautious stances (UBS cut to $44/neutral; several firms trimmed targets), increasing short‑term downside pressure. Benzinga: Analyst Price Target Moves
• Neutral Sentiment: Retail investors and some commentators called the selloff “oversold,” which could support a bounce, but that view competes with fundamental concerns. MSN: Analysts Turn Cautious, Retail Says Oversold

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TSCO. JPL Wealth Management LLC bought a new position in shares of Tractor Supply during the 3rd quarter worth approximately $28,000. DV Equities LLC bought a new position in shares of Tractor Supply during the 4th quarter worth approximately $37,000. Wealth Watch Advisors INC boosted its stake in shares of Tractor Supply by 276.8% during the 4th quarter. Wealth Watch Advisors INC now owns 795 shares of the specialty retailer’s stock worth $40,000 after acquiring an additional 584 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of Tractor Supply by 22.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,190 shares of the specialty retailer’s stock worth $63,000 after acquiring an additional 220 shares during the period. Finally, MUFG Securities EMEA plc bought a new position in shares of Tractor Supply during the 2nd quarter worth approximately $83,000. 98.72% of the stock is currently owned by institutional investors.

Tractor Supply Company Profile

Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.