Tractor Supply (NASDAQ:TSCO) declared a quarterly dividend on Thursday, February 8th, RTT News reports. Investors of record on Monday, February 26th will be paid a dividend of 0.27 per share by the specialty retailer on Tuesday, March 13th. This represents a $1.08 dividend on an annualized basis and a yield of 1.60%.

Shares of Tractor Supply (NASDAQ TSCO) traded up $0.12 during trading on Thursday, reaching $67.49. The company had a trading volume of 196,770 shares, compared to its average volume of 2,168,271. Tractor Supply has a one year low of $49.87 and a one year high of $82.68. The company has a market cap of $8,447.97, a PE ratio of 20.42, a P/E/G ratio of 1.24 and a beta of 1.17. The company has a current ratio of 1.95, a quick ratio of 0.24 and a debt-to-equity ratio of 0.31.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings results on Wednesday, January 31st. The specialty retailer reported $0.91 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.04. Tractor Supply had a return on equity of 30.81% and a net margin of 5.82%. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.93 billion. During the same quarter in the prior year, the business posted $0.94 EPS. Tractor Supply’s revenue for the quarter was up 1.9% compared to the same quarter last year. equities research analysts anticipate that Tractor Supply will post 4.1 EPS for the current fiscal year.

A number of brokerages have issued reports on TSCO. BidaskClub lowered Tractor Supply from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 25th. Telsey Advisory Group lowered Tractor Supply from an “outperform” rating to a “market perform” rating and increased their price target for the stock from $62.00 to $83.00 in a research note on Thursday, January 25th. They noted that the move was a valuation call. Guggenheim reiterated a “buy” rating and issued a $88.00 price target on shares of Tractor Supply in a research note on Tuesday, January 16th. Zacks Investment Research upgraded Tractor Supply from a “hold” rating to a “strong-buy” rating and set a $89.00 price target for the company in a research note on Monday, January 8th. Finally, Stephens set a $79.00 price target on Tractor Supply and gave the stock a “hold” rating in a research note on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Tractor Supply presently has a consensus rating of “Hold” and an average price target of $72.85.

In other news, Director Edna Morris sold 1,054 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $67.07, for a total transaction of $70,691.78. Following the completion of the transaction, the director now owns 10,949 shares in the company, valued at $734,349.43. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CMO Steve K. Barbarick sold 43,076 shares of Tractor Supply stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $69.03, for a total value of $2,973,536.28. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.

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Tractor Supply Company Profile

Tractor Supply Company is an operator of rural lifestyle retail stores in the United States. The Company is focused on supplying the needs of recreational farmers and ranchers and others, as well as tradesmen and small businesses. It is engaged in the retail sale of products that support the rural lifestyle.

Dividend History for Tractor Supply (NASDAQ:TSCO)

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