Zacks Research Reduces Earnings Estimates for Tractor Supply

Tractor Supply (NASDAQ:TSCO) – Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for Tractor Supply in a research note issued on Thursday, May 8th. Zacks Research analyst R. Lohia now expects that the specialty retailer will earn $0.80 per share for the quarter, down from their previous estimate of $0.84. The consensus estimate for Tractor Supply’s current full-year earnings is $2.17 per share. Zacks Research also issued estimates for Tractor Supply’s Q3 2025 earnings at $0.47 EPS, FY2025 earnings at $2.08 EPS, Q1 2026 earnings at $0.38 EPS, Q3 2026 earnings at $0.53 EPS, Q4 2026 earnings at $0.52 EPS, FY2026 earnings at $2.32 EPS, Q1 2027 earnings at $0.42 EPS and FY2027 earnings at $2.56 EPS.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Thursday, April 24th. The specialty retailer reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.03). The company had revenue of $3.47 billion during the quarter, compared to analyst estimates of $3.55 billion. Tractor Supply had a net margin of 7.40% and a return on equity of 49.01%. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.83 EPS.

TSCO has been the topic of several other reports. UBS Group set a $54.00 price target on Tractor Supply in a research report on Friday, April 25th. Citigroup dropped their price target on Tractor Supply from $59.00 to $51.00 and set a “neutral” rating on the stock in a research report on Friday, April 25th. Truist Financial dropped their price target on Tractor Supply from $63.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. Stephens began coverage on Tractor Supply in a research report on Wednesday, April 9th. They issued an “equal weight” rating and a $56.00 price target on the stock. Finally, Mizuho dropped their price target on Tractor Supply from $62.00 to $58.00 and set an “outperform” rating on the stock in a research report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Tractor Supply has an average rating of “Moderate Buy” and a consensus price target of $58.02.

Tractor Supply Stock Up 2.8%

Shares of TSCO stock opened at $52.72 on Monday. The stock’s 50 day simple moving average is $51.92 and its 200 day simple moving average is $54.12. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.20 and a current ratio of 1.43. Tractor Supply has a twelve month low of $46.85 and a twelve month high of $61.53. The company has a market capitalization of $28.03 billion, a price-to-earnings ratio of 25.84, a PEG ratio of 2.95 and a beta of 0.82.

Institutional Investors Weigh In On Tractor Supply

Several institutional investors have recently made changes to their positions in the stock. Nordea Investment Management AB increased its holdings in shares of Tractor Supply by 418.5% in the fourth quarter. Nordea Investment Management AB now owns 46,140 shares of the specialty retailer’s stock worth $2,446,000 after purchasing an additional 37,242 shares during the period. First Hawaiian Bank purchased a new stake in shares of Tractor Supply during the fourth quarter worth about $337,000. ST Germain D J Co. Inc. lifted its holdings in Tractor Supply by 392.3% in the fourth quarter. ST Germain D J Co. Inc. now owns 640 shares of the specialty retailer’s stock worth $34,000 after buying an additional 510 shares during the period. Czech National Bank increased its stake in shares of Tractor Supply by 427.1% during the fourth quarter. Czech National Bank now owns 115,825 shares of the specialty retailer’s stock valued at $6,146,000 after purchasing an additional 93,851 shares in the last quarter. Finally, Threadgill Financial LLC increased its stake in shares of Tractor Supply by 416.8% during the fourth quarter. Threadgill Financial LLC now owns 15,250 shares of the specialty retailer’s stock valued at $809,000 after purchasing an additional 12,299 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.

Insider Transactions at Tractor Supply

In other news, CFO Kurt D. Barton sold 12,146 shares of the business’s stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $56.00, for a total value of $680,176.00. Following the transaction, the chief financial officer now owns 47,715 shares in the company, valued at $2,672,040. The trade was a 20.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Matthew L. Rubin sold 3,850 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $57.69, for a total value of $222,106.50. Following the completion of the transaction, the senior vice president now owns 31,787 shares in the company, valued at approximately $1,833,792.03. The trade was a 10.80% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.65% of the company’s stock.

Tractor Supply Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Wednesday, February 26th were paid a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 6.98%. The ex-dividend date was Wednesday, February 26th. This is an increase from Tractor Supply’s previous quarterly dividend of $0.22. Tractor Supply’s payout ratio is presently 45.77%.

Tractor Supply announced that its Board of Directors has authorized a stock buyback plan on Thursday, February 13th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the specialty retailer to reacquire up to 3.3% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.

About Tractor Supply

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise.