NYSE:TNC - Tennant Stock Price, News & Analysis

$69.15
+1.79 (+2.66 %)
(As of 08/19/2019 01:38 AM ET)
Today's Range
$66.42
Now: $69.15
$69.53
50-Day Range
$59.40
MA: $65.60
$74.41
52-Week Range
$48.97
Now: $69.15
$79.00
Volume49,500 shs
Average Volume94,012 shs
Market Capitalization$1.26 billion
P/E Ratio31.72
Dividend Yield1.31%
Beta1.17
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. Read More…

Industry, Sector and Symbol

Industry Refrigeration & service industry machinery
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP88034510
Phone763-540-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.12 billion
Cash Flow$5.4925 per share
Book Value$18.41 per share

Profitability

Net Income$33.41 million

Miscellaneous

Employees4,300
Market Cap$1.26 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Thursday, May 9th. Investors of record on Friday, May 31st will be given a dividend of $0.22 per share on Friday, June 14th. This represents a $0.88 annualized dividend and a yield of 1.27%. The ex-dividend date is Thursday, May 30th. View Tennant's Dividend History.

How were Tennant's earnings last quarter?

Tennant (NYSE:TNC) released its quarterly earnings data on Wednesday, July, 31st. The industrial products company reported $1.13 EPS for the quarter, beating the 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 net margin of 3.35% and a return on equity of 15.61%. The business's revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.82 earnings per share. View Tennant's Earnings History.

When is Tennant's next earnings date?

Tennant is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Tennant.

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 earnings per share (EPS) guidance of $2.65-2.85 for the period, compared to the Thomson Reuters consensus 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?

News stories about TNC stock have trended negative on Monday, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tennant earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Tennant.

Are investors shorting Tennant?

Tennant saw a increase in short interest in July. As of July 31st, there was short interest totalling 709,600 shares, an increase of 16.3% from the June 30th total of 610,000 shares. Based on an average daily trading volume, of 79,600 shares, the days-to-cover ratio is currently 8.9 days. Approximately 4.0% of the company's shares are short sold. View Tennant's Current Options Chain.

Who are some of Tennant's key competitors?

What other stocks do shareholders of Tennant own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tennant investors own include Medtronic (MDT), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), PepsiCo (PEP), AbbVie (ABBV), AFLAC (AFL), Boeing (BA), CVS Health (CVS) and Johnson & Johnson (JNJ).

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 retail and institutional 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 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 W Huml, 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, Scottrade, Fidelity and Charles Schwab.

What is Tennant's stock price today?

One share of TNC stock can currently be purchased for approximately $69.15.

How big of a company is Tennant?

Tennant has a market capitalization of $1.26 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?

The official website for Tennant is http://www.tennantco.com/.

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  277 (Vote Outperform)
Underperform Votes:  368 (Vote Underperform)
Total Votes:  645
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.
This page was last updated on 8/19/2019 by MarketBeat.com Staff

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