Tractor Supply Price Target | Analysis, Price & Growth Outlook

Tractor Supply

NasdaqGS:TSCO

$ 44,87

$-1,02 (-2,22%)

44,87 $

$-1,02 (-2,22%)

End-of-day quote: 03/27/2026

Tractor Supply Stock Value

Analysts currently rate NasdaqGS:TSCO as Outperform.

Outperform

Tractor Supply Company Info

EPS Growth 5Y

8,50%

Market Cap

$23,60 B

Long-Term Debt

$1,77 B

Short Interest

5,38%

Annual earnings

N/A

Dividend

$0,94

Dividend Yield

2,09%

Founded

1938

Industry

Consumer Discretionary

Country

United States

ISIN Number

US8923561067

Website

http://www.tractorsupply.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$59,00

31.49%

Last Update: 03/28/2026

Analysts: 27

Highest Price Target $65,00

Average Price Target $59,00

Lowest Price Target $48,00

In the last five quarters, Tractor Supply’s Price Target has risen from $64,31 to $67,38 - a 4,77% increase. Twenty Eight analysts predict that Tractor Supply’s share price will increase in the coming year, reaching $59,00. This would represent an increase of 31,49%.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Tractor Supply do?

Tractor Supply Company (‘Tractor Supply’) operates as a rural lifestyle retailer in the United States (‘U.S.’). The company is focused on supplying the needs of recreational farmers, ranchers, and all those who enjoy living the rural lifestyle (which the company refers to as the ‘Out Here’ lifestyle). The company operates retail stores under the names Tractor Supply Company and Petsense by Tractor Supply. The company’s stores are located primarily in towns outlying major metropolitan markets an...

Tractor Supply Company (‘Tractor Supply’) operates as a rural lifestyle retailer in the United States (‘U.S.’).

The company is focused on supplying the needs of recreational farmers, ranchers, and all those who enjoy living the rural lifestyle (which the company refers to as the ‘Out Here’ lifestyle). The company operates retail stores under the names Tractor Supply Company and Petsense by Tractor Supply. The company’s stores are located primarily in towns outlying major metropolitan markets and in rural communities. The company also offers an expanded assortment of products through the Tractor Supply mobile application and online at TractorSupply.com and Petsense.com.

The company has one reportable industry segment, which is the retail sale of products that support the rural lifestyle. The company operates various retail stores in 49 states (Tractor Supply retail stores and Petsense by Tractor Supply retail stores). Its Tractor Supply stores typically range in size from 15,000 to 20,000 square feet of inside selling space, along with additional outside selling space (‘Side Lot’ or ‘Garden Centers’), and its Petsense by Tractor Supply stores have approximately 5,500 square feet of inside selling space. The company’s online selling websites and its mobile application offer an extended assortment of products beyond those offered in-store and drive traffic into its stores through the company’s buy online and pickup in-store and ship to store programs. The company’s retail store locations and digital capabilities provide the convenience to allow its customers to engage with the company anytime, anywhere and in any way they choose.

Business Strategy

The company's sales and earnings growth are the result of executing its multi-year strategy, which includes the following key components:

Target Market

The company is dedicated to fulfilling the lifestyle needs of recreational farmers, ranchers, homesteaders, animal and pet owners, and all those who enjoy living the rural lifestyle. Its distinct approach differentiates the company from other retailers by concentrating its product assortment on these core customers. The company provides a convenient shopping experience both in-store and online, focusing on needs-based, demand-driven product categories. Serving the rural lifestyle market, the company acts as a trip consolidator for numerous basic maintenance requirements of farm, ranch, and rural customers.

Customers

The company’s target customers are home, land, pet, animal, and livestock owners who generally have above-average income and below-average cost of living. The company seeks to serve a customer base that primarily lives in towns outlying major metropolitan markets and in rural communities. This customer base includes recreational farmers, ranchers, and all those who enjoy living a rural-inspired lifestyle.

Customer Service

The company is committed to providing its customers reliable product availability and a convenient, customer-centric experience across shopping channels. It also engages with customers through its e-commerce websites and mobile application, which provide the opportunity to allow customers to shop anytime, anywhere, and in any way they choose, while delivering enhanced product information, research, and decision tools that support product selection and informational needs in specific subject areas. Additionally, the company maintains a Customer Solutions Center at its Store Support Center located in Brentwood, Tennessee, to support its in-store and online customers, as well as its store team members. The company uses a third-party provider to survey and measure its level of customer service. This process allows customers to provide feedback on their shopping experience. The company carefully evaluates the feedback it receives from customers and implements improvements at both the company and the individual store level based on that feedback.

Merchandising and Purchasing

The company offers an extensive assortment of products for all those seeking to enjoy the ‘Out Here’ lifestyle. Its product assortment is tailored to meet the needs of customers in various geographic markets. The full line of product offerings includes a broad selection of brand name and exclusive brand products with approximately 17,000 to 27,000 products per store, as well as over 325,000 products online. The company’s comprehensive selection of merchandise comprises the following major product categories:

Livestock, Equine & Agriculture: livestock and equine feed & equipment, poultry, fencing, and sprayers & chemicals;

Companion Animal: food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness;

Seasonal & Recreation: tractor & rider, lawn & garden, bird feeding, power equipment, and other recreational products;

Truck, Tool, & Hardware: truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and

Clothing, Gift, & Decor: clothing, footwear, toys, snacks, and decorative merchandise.

The company’s buying team continuously reviews and updates its product assortment as necessary to respond to customer needs and to offer new, relevant products. The company is focused on providing key products that customers use on a regular basis for their lifestyle and maintenance needs, with emphasis on consumable, usable, and edible (‘C.U.E.’) products. Examples of C.U.E. product categories include, but are not limited to, livestock feed and bedding, pet food, bird seed, lubricants, propane, and various seasonal products, such as fertilizer, weed control, mulch, pest control, and twine.

The company’s products are sourced through both domestic and international vendors, each of whom is expected to adhere to a code of conduct that guides the company's relationship. The business is not dependent upon any single vendor or particular group of vendors. The company purchases its products from a group of over 1,000 vendors, with no one vendor representing more than 10% of its purchases during fiscal 2024. Approximately 400 core vendors accounted for 90% of the company's merchandise purchases during fiscal 2024. The company has not experienced any significant difficulty in obtaining satisfactory alternative sources of supply for its products to meet customer demands, despite the global supply chain disruptions and delays.

The company’s buying teams focus on merchandise procurement, vendor line reviews, and testing of new products and programs. The company also employs a dedicated inventory management team that focuses exclusively on forecasting and inventory replenishment, a committed merchandise planning team that concentrates on assortment planning, and a specialized pricing team that seeks to optimize market-specific pricing for its products. Through the combined efforts of these teams, the company continues to focus on improving its overall inventory productivity and in-stock inventory position.

Intellectual Property

The company's subsidiary, Tractor Supply Co. of Texas, LP (‘TSCT’), owns registrations with the U.S. Patent and Trademark Office (‘USPTO’) for various service marks, including TSC, Tractor Supply Co., TSC Tractor Supply Co., Petsense by Tractor Supply, and the trapezium design for retail services. TSCT also owns several other service marks for retail services, some of which have been registered with the USPTO and some of which are the subject of applications for registration pending before the USPTO.

The company's exclusive brands include 4health (pet foods and supplies), Paws & Claws (pet foods and supplies), American Farmworks (livestock, farm and ranch equipment), Producer’s Pride (livestock and horse feed and supplies), Bit & Bridle (apparel and footwear), Red Shed (gifts, collectibles, and outdoor furniture), Blue Mountain (apparel), Redstone (heating products), C.E. Schmidt (apparel and footwear), Retriever (pet foods and supplies), Country Lane (grooming preparations, animal feed and feed supplements), Ridgecut (apparel), Countyline (livestock, farm and ranch equipment), Royal Wing (bird feed and supplies), Country Tuff (lubricants, fluids and oil treatments), Strive (pet foods), Dumor (livestock and horse feed and supplies), Traveller (truck and automotive products), Farm Table (pet food and treats), Treeline (hunting gear and accessories), Groundwork (lawn and garden supplies), TSC Tractor Supply Co (trailers, truck tool boxes, and animal bedding), Huskee (outdoor power equipment), Untamed (pet foods), JobSmart (tools), and Impeckables (poultry feed, poultry kits, and egg incubators).

The exclusive brands identified above have been registered as trademarks with the USPTO for certain products and some are the subject of additional applications for registration pending before the USPTO for other products.

The company's patents (both the United States and foreign) have expiration dates ranging from April 5, 2027 to November 3, 2043 and protect various elements, designs or functions of farm and ranch equipment, as well as light systems for trucks and other vehicles.

Distribution

The company operates a distribution facility network for supplying stores with merchandise and delivering product ordered through its websites and mobile application. In fiscal 2024, the company’s Tractor Supply stores received approximately 81% of merchandise through this network while the remaining merchandise shipped directly from the company’s vendors to its stores or customers. The company’s distribution facilities, located in Arizona, Arkansas, Georgia, Indiana, Kentucky, Maryland, Nebraska, New York, Ohio, and Texas represent a total distribution center capacity of approximately 7.8 million square feet. The company also uses third-party operated import centers, mixing centers and pop-up distribution facilities which provide additional distribution capacity. On May 14, 2024, the company opened its tenth and largest distribution center located in Maumelle, Arkansas, which expanded the distribution center capacity by approximately 1.2 million square feet.

The company's distribution centers utilize warehouse and labor management tools that support the planning, control, and processing of inventory. The company manages its inbound and outbound transportation activity in-house through the use of a transportation management system. The company utilizes multiple common carriers for store and direct-to-customer deliveries.

Marketing

The company promotes a broad selection of merchandise and its ‘Life Out Here’ brand messaging through digital and social media initiatives, targeted digital video (connected TV and streaming programming), and e-mail. The vendors also provide assistance with product presentation and fixture design, support for in-store events, point-of-purchase materials for customer education, and product knowledge for the company's team members.

Digital

The company provides its customers the opportunity to shop in a manner that fits their lifestyle and is most convenient for them. Its focus is on delivering a comprehensive, easy shopping experience, offering the conveniences customers want and expect by driving a personalized experience by leveraging its Neighbor’s Club Loyalty program. The company offers buy online, pickup in-store, and curbside pickup, which provide convenient access for customers to pick up merchandise from store locations. Additionally, the online experience offers an expansive product assortment, including a direct-to-consumer assortment. This allows the company to extend its aisles beyond store locations and provides convenient and useful content that is relevant to customers’ lifestyles. The company provides customers the ability to have products shipped directly to its retail store locations or delivered to their homes or offices. For select products, the company offers same-day delivery. The company uses its distribution facility network, as well as its stores, to support its e-commerce activities. Its digital commerce (‘Digital’) capabilities have further enhanced the in-store shopping experience, allowing the company to engage with its customers more effectively, and expanded its target markets outside of its retail store locations.

Petsense by Tractor Supply

Petsense by Tractor Supply is a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-sized communities, and offering a variety of pet products and services. As of December 28, 2024, the company operated a total of 206 Petsense by Tractor Supply stores in 23 states, and an e-commerce website (Petsense.com). The Petsense name is registered with the USPTO.

Growth Strategy

The company's long-term growth strategy is to expand and deepen its customer base by providing personal, localized, and memorable customer engagements by leveraging content, social media, and digital shopping experiences, attracting new customers and driving loyalty; evolve customer experiences by digitizing its business processes and furthering its Digital capabilities; offer relevant assortments and services across all channels through exclusive and national brands, and continue to grow its total addressable market by introducing new products and services through its test and learn strategy; drive productivity through continuous improvement, increasing space utilization, and implementing advanced supply chain capabilities to support growth, scale, and agility; and expand through selective acquisitions, as such opportunities arise, to add complementary businesses and to enhance penetration into new and existing markets to supplement organic growth.

Seasonality

The company's business is seasonal. Historically, its sales and profits are the highest in the second and fourth fiscal quarters (year ended December 28, 2024) due to the sale of seasonal products. The company usually experiences its highest inventory and accounts payable balances during its first fiscal quarter for purchases of seasonal products to support the higher sales volume of the spring selling season, and again during its third fiscal quarter to support the higher sales volume of the cold-weather selling season.

History

Tractor Supply Company was founded in 1938. The company was incorporated in 1982.

Tractor Supply Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Main sectors for revenues:** 1. Agricultural equipment and accessories 2. Pet supplies 3. Garden and landscaping products **TOP 3 markets and their percentage shares:** 1. **USA:** approx. 90% 2. **Canada:** approx. 5% 3. **Online sales:** approx. 5% Tractor Supply Company generates the majority...

At which locations are the company’s products manufactured?

**Production Sites:** USA, China, and other international partners Tractor Supply Company sources its products from a mix of domestic and international sources. A large portion of production takes place in the USA to efficiently serve local demand and optimize supply chains. Additionally, the compa...

What strategy does Tractor Supply pursue for future growth?

**Revenue growth:** 8.4% (2024) **Profit growth:** 10.1% (2024) Tractor Supply Company is pursuing a multi-pronged growth strategy based on expanding its physical presence, enhancing its e-commerce offerings, and strengthening customer loyalty. The company plans to steadily increase its number of s...

Which raw materials are imported and from which countries?

**Main raw materials:** Steel, wood, plastic, textiles **Main importing countries:** China, Canada, Mexico, Vietnam Tractor Supply Company sources a variety of raw materials and materials necessary for its product range. Steel and wood are essential materials for agricultural equipment and constr...

How strong is the company’s competitive advantage?

**Market share:** 8% in retail for rural lifestyles (2024, estimate) **Revenue growth:** 6.5% (2024) **Gross margin:** 35.2% (2024) Tractor Supply Company (TSCO) has a significant competitive advantage in retail for rural lifestyles. The company benefits from its specialized product range tailore...

What is the share of institutional investors and insider buying/selling?

**Institutional investor share:** 85% (estimated, 2025) **Insider purchases/sales:** No significant transactions in the last quarter (2025) The institutional investor share in Tractor Supply Company is approximately 85%, indicating a high level of confidence from institutional investors in the co...

What percentage market share does Tractor Supply have?

**Market share of Tractor Supply Company:** Estimate around 10% (2025) **Main competitors and their market shares:** 1. **Home Depot:** Estimate around 25% 2. **Lowe's:** Estimate around 20% 3. **Tractor Supply Company:** Estimate around 10% 4. **Ace Hardware:** Estimate around 8% 5. **True Va...

Is Tractor Supply stock currently a good investment?

**Revenue Growth:** 8.5% (2024) **Profit Growth:** 10.2% (2024) **Market Share in Retail for Rural Lifestyles:** 15% (2024) Tractor Supply Company achieved solid revenue growth of 8.5% in 2024, attributed to strong demand for products catering to rural lifestyles and effective expansion into new ma...

Does Tractor Supply pay a dividend – and how reliable is the payout?

**Dividend yield:** 1.8% (2025, estimated) **Dividend growth:** 5% per year (average over the last 5 years) Tractor Supply Company regularly pays out a dividend. The dividend yield is currently around 1.8%, which is considered solid in the industry. Over the past years, the company has shown a...

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Tractor Supply Stock Value

Tractor Supply Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Tractor Supply do?

Tractor Supply Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

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Explore

Tractor Supply Stock Value

Tractor Supply Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Tractor Supply do?

Tractor Supply Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.