Tennant Company designs, manufactures, and markets floor cleaning equipment worldwide. The company offers a suite of products, including floor maintenance and outdoor cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, specialty surface coatings, and asset management solutions.
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Industry, Sector and Symbol
Industry Refrigeration & service industry machinery
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Phone763-540-1200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.12 billion
Profitability
Miscellaneous
Employees4,300
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable
Tennant (NYSE:TNC) Frequently Asked Questions
What is Tennant's stock symbol?
Tennant trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNC."
How often does Tennant pay dividends? What is the dividend yield for Tennant?
Tennant declared a quarterly dividend on Thursday, August 15th. Shareholders of record on Friday, August 30th will be given a dividend of $0.22 per share on Monday, September 16th. This represents a $0.88 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Thursday, August 29th. View Tennant's Dividend History.
How were Tennant's earnings last quarter?
Tennant (NYSE:TNC) announced its earnings results on Wednesday, July, 31st. The industrial products company reported $1.13 EPS for the quarter, beating the Zacks' consensus estimate of $0.79 by $0.34. The industrial products company had revenue of $299.70 million for the quarter, compared to analyst estimates of $301 million. Tennant had a return on equity of 15.61% and a net margin of 3.35%. Tennant's quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.82 EPS. View Tennant's Earnings History.
When is Tennant's next earnings date?
What guidance has Tennant issued on next quarter's earnings?
Tennant issued an update on its FY19 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $2.65-2.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.43. The company issued revenue guidance of $1.15-1.165 billion, compared to the consensus revenue estimate of $1.15 billion.
Has Tennant been receiving favorable news coverage?
Media headlines about TNC stock have been trending negative on Friday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tennant earned a media sentiment score of -2.9 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Tennant.
Are investors shorting Tennant?
Tennant saw a increase in short interest during the month of August. As of August 15th, there was short interest totalling 709,600 shares, an increase of 16.3% from the July 15th total of 610,000 shares. Based on an average daily volume of 79,600 shares, the short-interest ratio is currently 8.9 days. Currently, 4.0% of the shares of the stock are short sold. View Tennant's Current Options Chain.
Who are some of Tennant's key competitors?
Some companies that are related to Tennant include Meggitt (MGGT), NSK LTD/ADR (NPSKY), HITACHI CONSTR/ADR (HTCMY), Tetra Tech (TTEK), PrairieSky Royalty (PSK), ADT (ADT), MSA Safety (MSA), Graphic Packaging (GPK), NINE DRAGONS PA/ADR (NDGPY), RBC Bearings (ROLL), Alcoa (AA), Cimpress (CMPR), Axon Enterprise (AAXN), MSC Industrial Direct (MSM) and Weir Group (WEIR).
What other stocks do shareholders of Tennant own?
Who are Tennant's key executives?
Tennant's management team includes the folowing people:
- Mr. H. Chris Killingstad, Pres, CEO & Director (Age 63)
- Mr. David W. Huml, Sr. VP of EMEA, APAC, Global Marketing & Operations (Age 50)
- Mr. Richard H. Zay, Sr. VP of the Americas and R&D (Age 48)
- Mr. Keith A. Woodward, Sr. VP & CFO (Age 54)
- Mr. Michael W. Schaefer, CTO, Sr. VP of Engineering and R&D (Age 58)
Who are Tennant's major shareholders?
Tennant's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.65%), Vanguard Group Inc. (10.74%), Bank of New York Mellon Corp (2.49%), Gamco Investors INC. ET AL (1.90%), Gabelli Funds LLC (1.40%) and Northern Trust Corp (1.36%). Company insiders that own Tennant stock include Carol S Eicher, Chris Killingstad, David S Wichmann, David W Huml, Donal L Mulligan, Richard H Zay, Steven Alan Sonnenberg and Thomas Paulson. View Institutional Ownership Trends for Tennant.
Which institutional investors are selling Tennant stock?
TNC stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Gamco Investors INC. ET AL, Gabelli Funds LLC, Bank of New York Mellon Corp, Lido Advisors LLC, Price T Rowe Associates Inc. MD, Teton Advisors Inc. and Victory Capital Management Inc.. Company insiders that have sold Tennant company stock in the last year include Carol S Eicher, Chris Killingstad, David S Wichmann, Donal L Mulligan, Richard H Zay and Steven Alan Sonnenberg. View Insider Buying and Selling for Tennant.
Which institutional investors are buying Tennant stock?
TNC stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Prentiss Smith & Co. Inc., Morgan Stanley, BlackRock Inc., Vanguard Group Inc., Isthmus Partners LLC, Van ECK Associates Corp and Bank of America Corp DE. View Insider Buying and Selling for Tennant.
How do I buy shares of Tennant?
Shares of TNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Tennant's stock price today?
One share of TNC stock can currently be purchased for approximately $70.30.
How big of a company is Tennant?
Tennant has a market capitalization of $1.28 billion and generates $1.12 billion in revenue each year. The industrial products company earns $33.41 million in net income (profit) each year or $2.18 on an earnings per share basis. Tennant employs 4,300 workers across the globe.View Additional Information About Tennant.
What is Tennant's official website?
How can I contact Tennant?
Tennant's mailing address is 701 N LILAC DRIVE PO BOX 1452, MINNEAPOLIS MN, 55440. The industrial products company can be reached via phone at 763-540-1200 or via email at [email protected]
MarketBeat Community Rating for Tennant (NYSE TNC)
MarketBeat's community ratings are surveys of what our community members think about Tennant and other stocks. Vote "Outperform" if you believe TNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
