Tractor Supply Q3 EPS Forecast Reduced by Zacks Research

Tractor Supply (NASDAQ:TSCO) – Investment analysts at Zacks Research reduced their Q3 2025 earnings estimates for Tractor Supply in a note issued to investors on Wednesday, February 12th. Zacks Research analyst R. Lohia now forecasts that the specialty retailer will post earnings of $0.48 per share for the quarter, down from their prior forecast of $0.49. 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 Q4 2025 earnings at $0.47 EPS, FY2025 earnings at $2.17 EPS, Q1 2026 earnings at $0.42 EPS, Q2 2026 earnings at $0.93 EPS, Q4 2026 earnings at $0.53 EPS, FY2026 earnings at $2.42 EPS and FY2027 earnings at $2.62 EPS.

Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $2.28 by ($1.84). Tractor Supply had a net margin of 7.40% and a return on equity of 49.01%.

A number of other equities analysts have also commented on the stock. Wells Fargo & Company reduced their price target on shares of Tractor Supply from $65.00 to $64.00 and set an “overweight” rating on the stock in a research report on Monday, November 25th. Wedbush reiterated a “neutral” rating and set a $54.00 target price on shares of Tractor Supply in a research report on Friday, October 25th. Barclays reduced their target price on shares of Tractor Supply from $262.00 to $52.00 and set an “equal weight” rating on the stock in a research report on Monday, December 30th. Loop Capital upped their target price on shares of Tractor Supply from $53.00 to $58.00 and gave the stock a “hold” rating in a research report on Thursday, December 12th. Finally, JPMorgan Chase & Co. upped their target price on shares of Tractor Supply from $58.00 to $59.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $59.22.

Tractor Supply Price Performance

NASDAQ:TSCO opened at $57.14 on Friday. The firm has a market cap of $30.51 billion, a PE ratio of 28.01, a price-to-earnings-growth ratio of 2.70 and a beta of 0.84. Tractor Supply has a 12 month low of $46.76 and a 12 month high of $61.53. The company has a quick ratio of 0.20, a current ratio of 1.43 and a debt-to-equity ratio of 0.82. The company’s 50-day moving average price is $54.84 and its two-hundred day moving average price is $55.30.

Institutional Investors Weigh In On Tractor Supply

Large investors have recently made changes to their positions in the stock. First Personal Financial Services bought a new stake in shares of Tractor Supply during the third quarter worth $29,000. Providence Capital Advisors LLC bought a new stake in shares of Tractor Supply during the third quarter worth $32,000. DT Investment Partners LLC boosted its holdings in Tractor Supply by 120.0% during the third quarter. DT Investment Partners LLC now owns 132 shares of the specialty retailer’s stock worth $38,000 after purchasing an additional 72 shares during the last quarter. Assetmark Inc. boosted its holdings in Tractor Supply by 2,383.3% during the third quarter. Assetmark Inc. now owns 149 shares of the specialty retailer’s stock worth $43,000 after purchasing an additional 143 shares during the last quarter. Finally, Larson Financial Group LLC boosted its holdings in Tractor Supply by 29.4% during the third quarter. Larson Financial Group LLC now owns 286 shares of the specialty retailer’s stock worth $83,000 after purchasing an additional 65 shares during the last quarter. Institutional investors own 98.72% of the company’s stock.

Insider Buying and Selling at Tractor Supply

In other news, EVP Melissa Kersey sold 9,300 shares of the stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $53.17, for a total transaction of $494,481.00. Following the completion of the sale, the executive vice president now owns 34,961 shares of the company’s stock, valued at $1,858,876.37. This represents a 21.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Harry A. Lawton III sold 88,095 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $54.59, for a total transaction of $4,809,106.05. Following the sale, the chief executive officer now directly owns 488,852 shares of the company’s stock, valued at $26,686,430.68. This represents a 15.27 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 134,143 shares of company stock valued at $7,315,961. Corporate insiders own 0.24% of the company’s stock.

Tractor Supply declared that its Board of Directors has approved a stock buyback program on Thursday, February 13th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the specialty retailer to reacquire up to 3.3% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Tractor Supply Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 11th. Shareholders of record on Wednesday, February 26th will be paid a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 6.44%. This is an increase from Tractor Supply’s previous quarterly dividend of $0.22. Tractor Supply’s dividend payout ratio is presently 43.14%.

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.