Tennant (TNC) Stock Price, News & Analysis

Company Overview

Tennant Company is a global provider of solutions that help keep facilities clean, safe and sustainable. The company designs, manufactures and markets a broad range of cleaning machines, chemicals and service programs that address the cleaning needs of customers in diverse industries, including manufacturing, warehousing, food and beverage, healthcare and education. Tennant’s product portfolio encompasses both ride-on and walk-behind floor scrubbers and sweepers, carpet extractors, power brushes, pressure washers and autonomous cleaning machines.

Founded in 1870 and headquartered in Minneapolis, Minnesota, Tennant has grown from a regional manufacturer into a multinational organization with operations in more than 70 countries and sales representation in over 100 markets worldwide. The company’s history of innovation includes the introduction of the world’s first self-propelled carpet cleaner in the early 20th century and the launch of battery-powered and computerized cleaning machines in later decades. Tennant continues to invest in research and development to improve machine performance, reduce environmental impact and enhance user safety.

In addition to its equipment offerings, Tennant provides cleaning solutions that include specialty cleaning chemistries, technical support and preventive maintenance programs. Through its global network of sales and service professionals, the company delivers training, spare parts and on-site repair services to maximize equipment uptime and extend machine life. Tennant’s emphasis on customer service and sustainability initiatives—such as water- and energy-efficient machines—supports facility operators in meeting operational goals while minimizing environmental footprint.

Key Stats

• Today's Range: $83.32 to $85.96
• 50-Day Range: $60.93 to $83.15
• 52-Week Range: $60.17 to $87.06
• Volume: 78,354 shs
• Average Volume: 252,755 shs
• Market Capitalization: $1.54 billion
• P/E Ratio: 51.61
• Dividend Yield: 1.45%
• Price Target: $91.00
• Consensus Rating: Hold

Tennant Stock Analysis - MarketRank™

Tennant scored higher than 88% of companies evaluated by MarketBeat, and ranked 22nd out of 173 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: 2.4 / 5
• Analyst Rating: Hold

Consensus Rating

Tennant has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on no strong buy ratings, 1 buy rating, 3 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Tennant is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Tennant has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 27.27%

Earnings Growth

Earnings for Tennant are expected to grow by 27.27% in the coming year, from $4.84 to $6.16 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Tennant is 51.56, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.36.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tennant is 51.56, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.42.

Price to Earnings Growth Ratio

Tennant has a PEG Ratio of 2.42. 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 2.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.59% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Tennant has recently increased by 6.58%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Tennant pays a meaningful dividend of 1.51%, 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 52.99%. 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 20.13% next year. This indicates that Tennant will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 0.67

News Sentiment

Tennant has a news sentiment score of 0.67. 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 news sentiment score is similar to the average news sentiment of Industrials companies.

News Coverage This Week

MarketBeat has tracked 23 news articles for Tennant this week, compared to 5 articles on an average week.

Search Interest

7 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

3 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 $831,778.00 in company stock, which represents 0.0540% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Tennant insiders have bought 193.48% more of their company's stock than they have sold. Specifically, they have bought $1,261,674.00 in company stock and sold $429,896.00 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.

TNC Stock Analysis - Frequently Asked Questions

How have TNC shares performed this year?

Tennant's stock was trading at $73.69 on January 1st, 2026. Since then, TNC shares have increased by 16.0% and is now trading at $85.5050.

How were Tennant's earnings last quarter?

Tennant Company (NYSE:TNC) issued its earnings results on Monday, May, 4th. The industrial products company reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.18. The firm's revenue was up 2.7% compared to the same quarter last year.
Read the conference call transcript.

How will Tennant's stock buyback program work?

Tennant's Board of Directors approved a stock buyback program on Monday, May 4th 2026, which allows the company to buy back 2,000,000,000,000 shares, according to EventVestor. This means that the company could buy up to 11.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board believes its shares are undervalued.

Who are Tennant's major shareholders?

Top institutional shareholders of Tennant include Bank of New York Mellon Corp (1.85%), Deprince Race & Zollo Inc. (1.02%), Lightrock Netherlands B.V. (0.85%) and Principal Financial Group Inc. (0.49%). Insiders that own company stock include David W Huml, Carol S Eicher, Richard H Zay, Steven Alan Sonnenberg, Carol E Mcknight, Barb Balinski, Kristin A Erickson, James T Jr Glerum, Donal L Mulligan and David Windley.
View institutional ownership trends.

How do I buy shares of Tennant?

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.

What other stocks do shareholders of Tennant own?

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

• Record date for 3/16 Dividend: 2/27/2026
• Ex-Dividend for 3/16 Dividend: 2/27/2026
• Dividend Payable: 3/16/2026
• Last Earnings: 5/04/2026
• Today: 5/06/2026
• Record date for 6/15 Dividend: 5/29/2026
• Ex-Dividend for 6/15 Dividend: 5/29/2026
• Dividend Payable: 6/15/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: MACH - GENL INDL
• Sub-Industry: Industrial Machinery
• 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: +6.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.34
• Trailing P/E Ratio: 51.72
• Forward P/E Ratio: 17.74
• P/E Growth: 2.42
• Net Income: $43.80 million
• Net Margins: 2.55%
• Pretax Margin: 4.81%
• Return on Equity: 14.28%
• Return on Assets: 7.20%

Debt

• Debt-to-Equity Ratio: 0.45
• Current Ratio: 2.05
• Quick Ratio: 1.37

Sales & Book Value

• Annual Sales: $1.20 billion
• Price / Sales: 1.28
• Cash Flow: $9.42 per share
• Price / Cash Flow: 9.11
• Book Value: $33.81 per share
• Price / Book: 2.54

Miscellaneous

• Outstanding Shares: 18,010,000
• Free Float: 17,377,000
• Market Cap: $1.55 billion
• Optionable: Optionable
• Beta: 1.12