Free Trial
NYSE:TNC

Tennant (TNC) Stock Price, News & Analysis

Tennant logo
$74.72 -0.35 (-0.46%)
As of 03:24 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Tennant Stock (NYSE:TNC)

Key Stats

Today's Range
$74.41
$75.48
50-Day Range
$68.23
$77.11
52-Week Range
$67.32
$110.45
Volume
111,358 shs
Average Volume
142,146 shs
Market Capitalization
$1.39 billion
P/E Ratio
20.86
Dividend Yield
1.58%
Price Target
$125.00
Consensus Rating
Buy

Company Overview

Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and asset management solutions. It provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. The company offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei, and Rongen brands, as well as private-label brands. Its products are used in retail establishments and distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, and other environments. The company markets its products to contract cleaners and businesses through direct sales and service organizations, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota.

Tennant Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
98th Percentile Overall Score

TNC MarketRank™: 

Tennant scored higher than 98% of companies evaluated by MarketBeat, and ranked 13th out of 531 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Tennant has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Tennant has received no research coverage in the past 90 days.

  • Read more about Tennant's stock forecast and price target.
  • Earnings Growth

    Earnings for Tennant are expected to grow by 21.73% in the coming year, from $5.89 to $7.17 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tennant is 20.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.51.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Tennant is 20.82, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 23.54.

  • Price to Book Value per Share Ratio

    Tennant has a P/B Ratio of 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Tennant's valuation and earnings.
  • Percentage of Shares Shorted

    2.78% of the float of Tennant has been sold short.
  • Short Interest Ratio / Days to Cover

    Tennant has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tennant has recently decreased by 1.32%, indicating that investor sentiment is improving.
  • Dividend Yield

    Tennant pays a meaningful dividend of 1.58%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Tennant has been increasing its dividend for 53 years.

  • Dividend Coverage

    The dividend payout ratio of Tennant is 32.96%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Tennant will have a dividend payout ratio of 16.46% next year. This indicates that Tennant will be able to sustain or increase its dividend.

  • Read more about Tennant's dividend.
  • Percentage of Shares Shorted

    2.78% of the float of Tennant has been sold short.
  • Short Interest Ratio / Days to Cover

    Tennant has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tennant has recently decreased by 1.32%, indicating that investor sentiment is improving.
  • News Sentiment

    Tennant has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Tennant this week, compared to 6 articles on an average week.
  • Search Interest

    Only 1 people have searched for TNC on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Tennant insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.60% of the stock of Tennant is held by insiders.

  • Percentage Held by Institutions

    93.33% of the stock of Tennant is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Tennant's insider trading history.
Receive TNC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Tennant and its competitors with MarketBeat's FREE daily newsletter.

TNC Stock News Headlines

The Pentagon just made a National Security move...
This "awesome resource" could power America for 30,000 years... We sent one of our smartest researchers.... a consultant who's worked for the likes of J.P. Morgan and Citicorp... into the middle of the Utah desert with a film crew.Why? So he could lead an investigation into a radical new kind of energy that's so abundant, the Dept. of Energy says it could meet America's power needs for the next 2 million years. It's got nothing to do with wind, solar, nuclear, oil or gas.
See More Headlines

TNC Stock Analysis - Frequently Asked Questions

Tennant's stock was trading at $81.53 on January 1st, 2025. Since then, TNC shares have decreased by 8.6% and is now trading at $74.52.
View the best growth stocks for 2025 here
.

Tennant Company (NYSE:TNC) announced its earnings results on Wednesday, April, 30th. The industrial products company reported $1.12 EPS for the quarter, missing analysts' consensus estimates of $1.38 by $0.26. Tennant's revenue was down 6.8% compared to the same quarter last year.
Read the conference call transcript
.

Tennant's board authorized a stock buyback program on Thursday, February 13th 2025, which permits the company to repurchase 2,000,000 outstanding shares, according to EventVestor. This permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its shares are undervalued.

Top institutional shareholders of Tennant include Vanguard Group Inc. (12.39%), Brown Advisory Inc. (3.02%), Gamco Investors INC. ET AL (2.54%) and Fuller & Thaler Asset Management Inc. (2.29%). Insiders that own company stock include David W Huml, Richard H Zay, Carol S Eicher, Steven Alan Sonnenberg, Carol E Mcknight, Donal L Mulligan, Azita Arvani, Barb Balinski and Kristin A Erickson.
View institutional ownership trends
.

Shares of TNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Tennant investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET), ServiceNow (NOW) and GE Aerospace (GE).

Company Calendar

Last Earnings
4/30/2025
Record date for 6/16 Dividend
5/30/2025
Ex-Dividend for 6/16 Dividend
5/30/2025
Dividend Payable
6/16/2025
Today
6/20/2025
Next Earnings (Estimated)
8/06/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
MACH - GENL INDL
Sub-Industry
Industrial Machinery
Current Symbol
NYSE:TNC
Employees
4,632
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$125.00
High Stock Price Target
$125.00
Low Stock Price Target
$125.00
Potential Upside/Downside
+66.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Trailing P/E Ratio
20.97
Forward P/E Ratio
12.74
P/E Growth
N/A
Net Income
$83.70 million
Pretax Margin
6.87%

Debt

Sales & Book Value

Annual Sales
$1.27 billion
Cash Flow
$9.57 per share
Price / Cash Flow
7.84
Book Value
$32.96 per share
Price / Book
2.28

Miscellaneous

Free Float
18,169,000
Market Cap
$1.40 billion
Optionable
Optionable
Beta
1.05

Social Links

Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

Get This Free Report

This page (NYSE:TNC) was last updated on 6/20/2025 by MarketBeat.com Staff
From Our Partners