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. It also 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, IRIS, VLX, Superior Anodes, Orbio, and IPC 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, parking lots and streets, and other environments. The company markets its products to contract cleaners and businesses through direct sales and service organization, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Minneapolis, Minnesota.
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 Date4/30/2019 (Confirmed)
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 Friday, February 15th. Investors of record on Thursday, February 28th will be given a dividend of $0.22 per share on Friday, March 15th. This represents a $0.88 annualized dividend and a yield of 1.35%. The ex-dividend date is Wednesday, February 27th. View Tennant's Dividend History.
How were Tennant's earnings last quarter?
Tennant (NYSE:TNC) announced its earnings results on Thursday, February, 21st. The industrial products company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.48 by $0.06. The industrial products company had revenue of $285.20 million for the quarter, compared to the consensus estimate of $285.25 million. Tennant had a return on equity of 13.01% and a net margin of 2.97%. The business's revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.34 earnings per share. View Tennant's Earnings History.
When is Tennant's next earnings date?
What guidance has Tennant issued on next quarter's earnings?
Tennant updated its FY19 earnings guidance on Thursday, February, 21st. The company provided earnings per share (EPS) guidance of $2.30-2.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.49. The company issued revenue guidance of $1.15-1.17 billion, compared to the consensus revenue estimate of $1.17 billion.
Has Tennant been receiving favorable news coverage?
News headlines about TNC stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tennant earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave press coverage about the industrial products company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the next few days.
Who are some of Tennant's key competitors?
Some companies that are related to Tennant include MSC Industrial Direct (MSM), Weir Group (WEIR), NINE DRAGONS PA/ADR (NDGPY), SUMITOMO HEAVY/ADR (SOHVY), Meggitt (MGGT), MSA Safety (MSA), Kawasaki Heavy Industries (KWHIY), Graphic Packaging (GPK), Amada Holdings Unspon Adr Rep (AMDLY), DuluxGroup (DLX), Axon Enterprise (AAXN), iRobot (IRBT), Timken (TKR), IHI CORP/ADR (IHICY) and GrafTech International (EAF).
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 number of of retail and institutional investors. Top institutional shareholders include BTIM Corp. (0.81%), Los Angeles Capital Management & Equity Research Inc. (0.04%), Cambridge Trust Co. (0.04%), Clean Yield Group (0.03%), BNP Paribas Arbitrage SA (0.02%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own Tennant stock include Carol S Eicher, Chris Killingstad, David W Huml, Richard H Zay and Thomas Paulson. View Institutional Ownership Trends for Tennant.
Which major investors are selling Tennant stock?
TNC stock was sold by a variety of institutional investors in the last quarter, including Clean Yield Group and Cambridge Trust Co.. Company insiders that have sold Tennant company stock in the last year include David W Huml and Thomas Paulson. View Insider Buying and Selling for Tennant.
Which major investors are buying Tennant stock?
TNC stock was bought by a variety of institutional investors in the last quarter, including BTIM Corp., BNP Paribas Arbitrage SA, Nisa Investment Advisors LLC and Los Angeles Capital Management & Equity Research Inc.. 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, Scottrade, Fidelity and Charles Schwab.
What is Tennant's stock price today?
One share of TNC stock can currently be purchased for approximately $65.13.
How big of a company is Tennant?
Tennant has a market capitalization of $1.18 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.
What is Tennant's official website?
How can I contact Tennant?
Tennant's mailing address is 701 NORTH 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.
