Tennant (TNC) Stock Price, News & Analysis

Company Overview

Tennant Company is a manufacturer of cleaning equipment and related solutions for commercial, industrial and institutional customers. Its product portfolio includes industrial floor scrubbers, sweepers, outdoor cleaning equipment, and compact machines designed for a range of facility sizes and cleaning requirements.

The company also provides autonomous cleaning machines, cleaning chemicals, replacement parts, service and maintenance programs, and technology-enabled solutions intended to improve cleaning productivity and facility operations. Tennant serves customers in markets such as manufacturing, warehousing, retail, healthcare, education, hospitality and transportation.

Founded in 1870 and headquartered in Eden Prairie, Minnesota, Tennant sells its products and services globally through a combination of direct operations, dealers and distributors. The company is led by President and Chief Executive Officer Dave Huml.

Key Stats

• Today's Range: $68.49 to $70.36
• 50-Day Range: $66.58 to $89.11
• 52-Week Range: $60.17 to $91.93
• Volume: 128,716 shs
• Average Volume: 197,981 shs
• Market Capitalization: $1.17 billion
• P/E Ratio: 67.50
• Dividend Yield: 1.80%
• Price Target: $91.00
• Consensus Rating: Hold

Tennant Stock Analysis - MarketRank™

Tennant scored higher than 94% of companies evaluated by MarketBeat, and ranked 94th out of 667 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Hold

Consensus Rating

Tennant has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and 1 sell rating.

Upside Potential

Tennant has a consensus price target of $91.00, representing about 32.2% upside from its current price of $68.85.

Amount of Analyst Coverage

Tennant has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 47.01%

Earnings Growth

Earnings for Tennant are expected to grow by 47.01% in the coming year, from $3.85 to $5.66 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Tennant is 67.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.90.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tennant is 67.50, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.79.

Price to Earnings Growth Ratio

Tennant has a PEG Ratio of 2.55. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Tennant has a P/B Ratio of 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.28% 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 6.05.

Change versus previous month

Short interest in Tennant has recently increased by 15.68%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Tennant pays a meaningful dividend of 1.80%, 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 121.57%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Tennant will have a dividend payout ratio of 21.91% next year. This indicates that Tennant will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.2 / 5
• News Sentiment: 1.72

News Sentiment

Tennant has a news sentiment score of 1.72. 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 higher news sentiment than the 0.76 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Tennant this week, compared to 6 articles on an average week.

Search Interest

1 people have searched for TNC on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Tennant to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 4.4 / 5
• Insider Trading: Acquiring Shares

Cluster Insider Buying

2 insiders have purchased shares of Tennant in the last three months. Multiple insiders buying is a strong bullish signal.

Net Insider Buying

Over the last three months, insiders have purchased a net $640,990.00 in company stock, which represents 0.0546% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Tennant insiders have bought more of their company's stock than they have sold. Specifically, they have bought $640,990.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

3.50% 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.

Company Calendar

• Record date for 6/15 Dividend: 5/29/2026
• Ex-Dividend for 6/15 Dividend: 5/29/2026
• Dividend Payable: 6/15/2026
• Last Earnings: 8/05/2026
• Record date for 9/15 Dividend: 8/31/2026
• Ex-Dividend for 9/15 Dividend: 8/31/2026
• Today: 9/13/2026
• Dividend Payable: 9/15/2026
• Next Earnings (Estimated): 11/02/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Machinery
• Sub-Industry: Industrial Machinery & Supplies & Components
• Current Symbol: NYSE:TNC
• CIK: 97134
• Web: www.tennantco.com
• Phone: (763) 540-1200
• Fax: 763-513-2142
• Employees: 4,484
• Year Founded: 1870

Price Target and Rating

• Average Price Target for Tennant: $91.00
• High Price Target: $91.00
• Low Price Target: $91.00
• Potential Upside/Downside: +32.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.02
• Trailing P/E Ratio: 67.50
• Forward P/E Ratio: 17.88
• P/E Growth: 2.55
• Net Income: $43.80 million
• Net Margins: 1.50%
• Pretax Margin: 2.02%
• Return on Equity: 13.32%
• Return on Assets: 6.07%

Debt

• Debt-to-Equity Ratio: 0.67
• Current Ratio: 2.04
• Quick Ratio: 1.37

Sales & Book Value

• Annual Sales: $1.20 billion
• Price / Sales: 0.98
• Cash Flow: $9.01 per share
• Price / Cash Flow: 7.64
• Book Value: $33.81 per share
• Price / Book: 2.04

Miscellaneous

• Outstanding Shares: 17,050,000
• Free Float: 16,452,000
• Market Cap: $1.17 billion
• Optionable: Optionable
• Beta: 1.11