
Tennant Company designs, manufactures, and markets floor cleaning equipment. It 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. The company also provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. 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, businesses, and various governmental entities through direct sales and service organization, as well as through a network of authorized distributors under the Tennant, Nobles, Green Machines, Alfa Uma Empresa Tennant, IRIS, Superior Anodes, Waterstar, and Orbio brands worldwide. 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
SymbolNYSE:TNC
CUSIP88034510
Phone763-540-1200
Debt
Debt-to-Equity Ratio1.16%
Current Ratio1.79%
Quick Ratio1.25%
Price-To-Earnings
Trailing P/E Ratio44.46
Forward P/E Ratio36.93
P/E Growth3.68
Sales & Book Value
Annual Sales$1.00 billion
Price / Sales1.24
Cash Flow$4.0938 per share
Price / Cash17.05
Book Value$16.72 per share
Price / Book4.17
Profitability
EPS (Most Recent Fiscal Year)$1.54
Net Income$-6,190,000.00
Net Margins-0.62%
Return on Equity9.68%
Return on Assets3.24%
Miscellaneous
Employees4,300
Outstanding Shares17,880,000
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, February 15th. Shareholders of record on Wednesday, February 28th will be given a dividend of $0.21 per share on Thursday, March 15th. This represents a $0.84 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Tuesday, February 27th. View Tennant's Dividend History.
How were Tennant's earnings last quarter?
Tennant (NYSE:TNC) issued its quarterly earnings results on Thursday, February, 22nd. The industrial products company reported $0.34 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $0.01. The industrial products company had revenue of $279.30 million for the quarter, compared to analyst estimates of $262.13 million. Tennant had a negative net margin of 0.62% and a positive return on equity of 9.68%. The company's quarterly revenue was up 31.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.85 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 FY18 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of $1.80-2.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.89. The company issued revenue guidance of $1.07-1.10 billion, compared to the consensus revenue estimate of $1.06 billion.
Who are some of Tennant's key competitors?
Some companies that are related to Tennant include Bodycote (BYPLF), Axon (AAXN), Spx Flow (FLOW), Albany International (AIN), Franklin Electric (FELE), Alarm.com (ALRM), Balfour Beatty (BBY), Brady (BRC), Mobile Mini (MINI), Chart Industries (GTLS), iRobot (IRBT), Kaman Aircraft (KAMN), Harsco (HSC), Kaiser Aluminum (KALU), MRC Global (MRC), EnPro Industries (NPO), Sun Hydraulics (SNHY) and Mueller Water Products (MWA).
Who are Tennant's key executives?
Tennant's management team includes the folowing people:
- Mr. H. Chris Killingstad, Pres, CEO & Director (Age 62)
- Mr. Thomas Paulson, Sr. VP & CFO (Age 62)
- Mr. Jeffrey C. Moorefield, Sr. VP of Global Operations (Age 54)
- Mr. David W. Huml, Sr. VP of EMEA, APAC & Global Marketing (Age 49)
- Mr. Richard H. Zay, Sr. VP of the Americas (Age 47)
Has Tennant been receiving favorable news coverage?
Media headlines about TNC stock have trended somewhat negative this week, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tennant earned a coverage optimism score of -0.06 on Accern's scale. They also assigned news coverage about the industrial products company an impact score of 45.64 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
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 $69.80.
How big of a company is Tennant?
Tennant has a market capitalization of $1.25 billion and generates $1.00 billion in revenue each year. The industrial products company earns $-6,190,000.00 in net income (profit) each year or $1.54 on an earnings per share basis. Tennant employs 4,300 workers across the globe.
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 (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.
Tennant (NYSE:TNC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
1 Wall Street analysts have issued ratings and price targets for Tennant in the last 12 months. There are currently 1 buy rating for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
Consensus Rating: | Buy | Buy | Hold | Hold |
Consensus Rating Score: | 3.00 | 3.00 | 2.00 | 2.00 |
Ratings Breakdown: | 0 Sell Rating(s) 0 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 0 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 3 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 2 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s) |
Consensus Price Target: | N/A | N/A | $65.00 | $65.00 |
Price Target Upside: | N/A | N/A | 4.42% upside | 7.80% downside |
Tennant (NYSE:TNC) Consensus Price Target History

Tennant (NYSE:TNC) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Tennant (NYSE:TNC) Dividend Information
Tennant pays an annual dividend of $0.84 per share, with a dividend yield of 1.20%. TNC's most recent quarterly dividend payment was Thursday, March 15. The company has grown its dividend for the last 46 consecutive years and is increasing its dividend by an average of 2.50% each year. Tennant pays out 54.55% of its earnings out as a dividend.
Most Recent Dividend: | 3/15/2018 |
Annual Dividend: | $0.84 |
Dividend Yield: | 1.20% |
Dividend Growth: | 2.50% (3 Year Average) |
Payout Ratio: | 54.55% (Trailing 12 Months of Earnings) 44.44% (Based on This Year's Estimates) 30.43% (Based on Next Year's Estimates)
|
Track Record: | 46 Years of Consecutive Dividend Growth |
Frequency: | Quarterly Dividend |
Tennant (NYSE:TNC) Dividend History by Quarter
Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
---|
2/15/2018 | Quarterly | $0.21 | 1.34% | 2/27/2018 | 2/28/2018 | 3/15/2018 |
11/10/2017 | quarterly | $0.21 | 1.32% | 11/29/2017 | 11/30/2017 | 12/15/2017 |
8/18/2017 | quarterly | $0.21 | 1.34% | 8/29/2017 | 8/31/2017 | 9/15/2017 |
4/27/2017 | quarterly | $0.21 | 1.13% | 5/26/2017 | 5/31/2017 | 6/15/2017 |
2/16/2017 | quarterly | $0.21 | 1.18% | 2/28/2017 | 3/2/2017 | 3/15/2017 |
11/1/2016 | quarterly | $0.21 | 1.34% | 11/28/2016 | 11/30/2016 | 12/15/2016 |
8/18/2016 | quarterly | $0.20 | 1.28% | 8/29/2016 | 8/31/2016 | 9/15/2016 |
4/28/2016 | quarterly | $0.20 | 1.48% | 5/26/2016 | 5/31/2016 | 6/15/2016 |
2/18/2016 | quarterly | $0.20 | 1.48% | 2/25/2016 | 2/29/2016 | 3/15/2016 |
11/10/2015 | quarterly | $0.20 | 1.34% | 11/25/2015 | 11/30/2015 | 12/15/2015 |
8/20/2015 | quarterly | $0.20 | 1.37% | 8/27/2015 | 8/31/2015 | 9/15/2015 |
4/30/2015 | quarterly | $0.20 | 1.24% | 5/27/2015 | 5/29/2015 | 6/15/2015 |
2/19/2015 | quarterly | $0.20 | 1.17% | 2/26/2015 | 3/2/2015 | 3/16/2015 |
11/10/2014 | quarterly | $0.20 | 1.08% | 11/25/2014 | 11/28/2014 | 12/15/2014 |
8/20/2014 | quarterly | $0.20 | 1.11% | 8/28/2014 | 9/2/2014 | 9/15/2014 |
4/23/2014 | quarterly | $0.20 | 1.27% | 5/28/2014 | 5/30/2014 | 6/16/2014 |
2/19/2014 | quarterly | $0.18 | 1.12% | 2/27/2014 | 3/3/2014 | 3/17/2014 |
11/11/2013 | quarterly | $0.18 | 1.19% | 11/26/2013 | 11/29/2013 | 12/16/2013 |
8/15/2013 | quarterly | $0.18 | 1.33% | 8/28/2013 | 8/30/2013 | 9/16/2013 |
4/24/2013 | quarterly | $0.18 | 1.53% | 5/29/2013 | 5/31/2013 | 6/17/2013 |
2/13/2013 | quarterly | $0.18 | 1.52% | 2/26/2013 | 2/28/2013 | 3/15/2013 |
(Data available from 1/1/2013 forward)
Tennant (NYSE TNC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 5.60%
Institutional Ownership Percentage: 91.05%
Tennant (NYSE TNC) Insider Trading History
Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
---|
4/16/2018 | Chris Killingstad | Insider | Sell | 4,427 | $68.58 | $303,603.66 | 154,273 | |
4/10/2018 | Chris Killingstad | Insider | Sell | 44,272 | $68.55 | $3,034,845.60 | 176,100 | |
4/6/2018 | Thomas Paulson | CFO | Sell | 9,296 | $69.08 | $642,167.68 | 35,582 | |
1/11/2018 | Thomas Paulson | Insider | Sell | 6,694 | $72.90 | $487,992.60 | 24,035 | |
6/5/2017 | Thomas Paulson | CFO | Sell | 7,500 | $73.95 | $554,625.00 | 31,755 | |
6/2/2017 | Richard H Zay | SVP | Sell | 1,280 | $73.00 | $93,440.00 | 15,423 | |
5/1/2017 | Carol S Eicher | Director | Sell | 1,928 | $73.76 | $142,209.28 | 9,263 | |
4/10/2017 | Thomas Paulson | CFO | Sell | 7,500 | $71.71 | $537,825.00 | 38,229 | |
3/6/2017 | Heidi M Wilson | SVP | Sell | 5,790 | $71.65 | $414,853.50 | 25,433 | |
3/1/2017 | Steven Alan Sonnenberg | Director | Sell | 6,000 | $72.17 | $433,020.00 | | |
8/2/2016 | Heidi M Wilson | SVP | Sell | 12,158 | $63.68 | $774,221.44 | 24,541 | |
7/26/2016 | Thomas Paulson | CFO | Sell | 15,304 | $62.00 | $948,848.00 | 43,313 | |
6/8/2016 | Thomas Paulson | CFO | Sell | 14,981 | $56.00 | $838,936.00 | 38,380 | |
4/28/2016 | Heidi M Wilson | SVP | Sell | 2,000 | $54.40 | $108,800.00 | 18,326 | |
4/26/2016 | Thomas Paulson | CFO | Sell | 118 | $56.00 | $6,608.00 | 28,127 | |
12/21/2015 | Thomas Paulson | CFO | Sell | 15,000 | $55.99 | $839,850.00 | 23,732 | |
11/20/2015 | Heidi M. Wilson | SVP | Sell | 5,126 | $61.63 | $315,915.38 | 17,847 | |
7/23/2015 | Derek Lai | Insider | Sell | 15,000 | $1.20 | $18,000.00 | | |
7/20/2015 | Fund Ii L.P. Inter-Atlantic | Insider | Sell | 515,300 | $1.20 | $618,360.00 | | |
3/5/2015 | Heidi M Wilson | SVP | Sell | 3,000 | $64.60 | $193,800.00 | | |
3/4/2015 | Steven Alan Sonnenberg | Director | Sell | 3,484 | $64.88 | $226,041.92 | | |
7/29/2014 | Chris Killingstad | CEO | Sell | 4,986 | $75.95 | $378,686.70 | | |
7/29/2014 | Heidi M Wilson | SVP | Sell | 5,000 | $75.61 | $378,050.00 | | |
5/21/2014 | Richard Zay | SVP | Sell | 1,800 | $63.00 | $113,400.00 | 9,241 | |
12/9/2013 | Michael Schaefer | SVP | Sell | 5,939 | $64.78 | $384,728.42 | 3,279 | |
11/21/2013 | Richard Zay | SVP | Sell | 10,366 | $61.50 | $637,509.00 | 7,442 | |
11/18/2013 | Thomas Dybsky | SVP | Sell | 21,313 | $61.13 | $1,302,863.69 | 4,075 | |
11/14/2013 | Heidi Wilson | SVP | Sell | 5,000 | $61.44 | $307,200.00 | 12,239 | |
10/29/2013 | Andrew J Eckert | SVP | Sell | 10,112 | $60.52 | $611,978.24 | | |
9/10/2013 | Chris Killingstad | CEO | Sell | 39,100 | $54.88 | $2,145,808.00 | | |
8/26/2013 | Chris Killingstad | CEO | Sell | 83,100 | $54.91 | $4,563,021.00 | 97,068 | |
8/1/2013 | Heidi M Wilson | VP | Sell | 5,182 | $52.08 | $269,878.56 | | |
7/9/2013 | Thomas Dybsky | VP | Sell | 4,700 | $51.88 | $243,836.00 | | |
5/21/2013 | Heidi M Wilson | VP | Sell | 5,000 | $50.84 | $254,200.00 | | |
5/17/2013 | Thomas Dybsky | VP | Sell | 2,080 | $51.00 | $106,080.00 | | |
5/14/2013 | Andrew J Eckert | VP | Sell | 6,801 | $50.16 | $341,138.16 | | |
5/10/2013 | Andrew J Eckert | VP | Sell | 4,221 | $50.01 | $211,092.21 | | |
4/10/2013 | Thomas Dybsky | VP | Sell | 1,377 | $47.88 | $65,930.76 | | |
2/26/2013 | Andrew J Eckert | VP | Sell | 11,107 | $46.18 | $512,921.26 | | |
2/25/2013 | Thomas Dybsky | VP | Sell | 11,000 | $47.50 | $522,500.00 | | |
(Data available from 1/1/2013 forward)
Tennant (NYSE TNC) News Headlines
Source: |
|
Date | Headline |
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 | Christopher Eccleston and David Tennant in Jude www.msn.com - April 19 at 4:11 PM |
 | Tennant (TNC) Insider Sells $303,603.66 in Stock www.americanbankingnews.com - April 17 at 4:23 PM |
 | Tennant Company Sets New Science-Based Greenhouse Gas Reduction Targets as Part of the Science Based Targets Initiative finance.yahoo.com - April 17 at 10:24 AM |
 | Tennant (TNC) Downgraded to "Strong Sell" at BidaskClub www.americanbankingnews.com - April 16 at 4:48 PM |
 | Tennant (TNC) Scheduled to Post Quarterly Earnings on Monday www.americanbankingnews.com - April 16 at 3:46 AM |
 | Tennant (TNC) Insider Sells $3,034,845.60 in Stock www.americanbankingnews.com - April 11 at 7:11 PM |
 | Thomas Paulson Sells 9,296 Shares of Tennant (TNC) Stock www.americanbankingnews.com - April 10 at 4:16 PM |
 | Analyzing Tennant (TNC) and Generation Next Franchise Brands (VEND) www.americanbankingnews.com - April 6 at 9:03 AM |
 | Brain Corp and Tennant Company Team Up to Introduce Autonomous Cleaning Machines globenewswire.com - April 5 at 3:59 PM |
 | Head to Head Survey: Tennant (TNC) versus Welbilt (WBT) www.americanbankingnews.com - April 3 at 1:18 AM |
 | Welbilt (WBT) versus Tennant (TNC) Head-To-Head Analysis www.americanbankingnews.com - April 1 at 7:18 PM |
 | Financial Survey: Caterpillar (CAT) and Tennant (TNC) www.americanbankingnews.com - March 28 at 5:28 PM |
 | Critical Survey: Tennant (TNC) & Graco (GGG) www.americanbankingnews.com - March 25 at 1:24 PM |
 | Head to Head Contrast: Tennant (TNC) and IDEX (IEX) www.americanbankingnews.com - March 22 at 11:12 PM |
 | Met-Pro (MPR) versus Tennant (TNC) Financial Analysis www.americanbankingnews.com - March 21 at 5:56 AM |
 | Tennant Company Launches New Family of Industrial-Strength Walk-Behind Scrubbers www.bizjournals.com - March 20 at 10:12 AM |
 | Company Profile for Tennant Company finance.yahoo.com - March 20 at 10:12 AM |
 | Tennant Company Launches New Family of Industrial-Strength Walk-Behind Scrubbers finance.yahoo.com - March 20 at 10:12 AM |
 | David Tennant To Star In HBO's Lena Dunham Comedy 'Camping' www.msn.com - March 16 at 4:45 PM |
 | Tennant's (TNC) CEO Chris Killingstad on Q4 2017 Results - Earnings Call Transcript seekingalpha.com - March 6 at 10:01 AM |
 | Tennant (TNC) Position Lifted by Schwab Charles Investment Management Inc. www.americanbankingnews.com - March 5 at 6:46 AM |
 | Dorsey & Whitney Trust CO LLC Has $1.71 Million Stake in Tennant (TNC) www.americanbankingnews.com - March 1 at 3:48 PM |
 | Dougherty & Co Weighs in on Tennant's Q1 2018 Earnings (TNC) www.americanbankingnews.com - March 1 at 7:20 AM |
 | Tennant (TNC) Downgraded to "Sell" at Zacks Investment Research www.americanbankingnews.com - February 27 at 1:24 PM |
 | Citadel Advisors LLC Acquires 4,578 Shares of Tennant (TNC) www.americanbankingnews.com - February 27 at 5:40 AM |
 | Tennant (TNC) Upgraded to Buy at Dougherty & Co www.americanbankingnews.com - February 26 at 1:34 PM |
 | Pinebridge Investments L.P. Increases Holdings in Tennant (TNC) www.americanbankingnews.com - February 25 at 9:30 AM |
 | Tennant Co. (TNC) Reports In-Line Q4 EPS, Revenue Beats, Offers Guidance www.streetinsider.com - February 22 at 4:23 PM |
 | Tennant EPS in-line, beats on revenue seekingalpha.com - February 22 at 4:23 PM |
 | Tennant Company Predicts Faster Growth in 2018 finance.yahoo.com - February 22 at 4:23 PM |
 | Tennant (TNC) to Issue Quarterly Dividend of $0.21 www.americanbankingnews.com - February 22 at 12:06 PM |
 | Tennant (TNC) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS www.americanbankingnews.com - February 22 at 11:36 AM |
 | Tennant (TNC) Updates FY18 Earnings Guidance www.americanbankingnews.com - February 22 at 10:17 AM |
 | Tennant reports 4Q loss finance.yahoo.com - February 22 at 9:48 AM |
 | Should You Sell Tennant Company (NYSE:TNC) At This PE Ratio? finance.yahoo.com - February 21 at 4:14 PM |
 | Tennant (TNC) to Release Earnings on Thursday www.americanbankingnews.com - February 15 at 1:44 AM |
 | Tennant (TNC) Downgraded by Zacks Investment Research www.americanbankingnews.com - February 10 at 1:30 PM |
 | Dow Comes Halfway Back www.nasdaq.com - February 8 at 4:46 PM |
 | Tennant Company to Webcast Fourth Quarter Conference Call finance.yahoo.com - February 8 at 9:18 AM |
 | Tennant (TNC) Receives Consensus Rating of "Hold" from Brokerages www.americanbankingnews.com - February 3 at 1:44 AM |
 | Tennant (TNC) Stock Rating Lowered by Zacks Investment Research www.americanbankingnews.com - February 2 at 7:48 PM |
 | Notable Two Hundred Day Moving Average Cross - TNC www.nasdaq.com - January 27 at 8:56 AM |
 | New Research: Key Drivers of Growth for Paylocity Holding, Acxiom, Goldfield, Tennant, TIER REIT, and TFS Financial — Factors of Influence, Major Initiatives and Sustained Production finance.yahoo.com - January 24 at 9:06 AM |
 | Tennant (TNC) Lifted to "Hold" at Zacks Investment Research www.americanbankingnews.com - January 13 at 8:48 AM |
 | Thomas Paulson Sells 6,694 Shares of Tennant (TNC) Stock www.americanbankingnews.com - January 12 at 3:24 PM |
 | Dow Returns to New Year's Rally www.nasdaq.com - January 10 at 3:55 PM |
 | Tennant (TNC) Given Consensus Recommendation of "Hold" by Brokerages www.americanbankingnews.com - January 9 at 1:58 AM |
 | Tennant Company T500 Walk-Behind Floor Scrubber Wins 2017 GOOD DESIGN Award finance.yahoo.com - December 21 at 11:03 AM |
 | ETFs with exposure to Tennant Co. : December 18, 2017 finance.yahoo.com - December 19 at 11:06 AM |
 | Tennant Co. breached its 50 day moving average in a Bullish Manner : TNC-US : December 18, 2017 finance.yahoo.com - December 18 at 11:36 AM |
Tennant (NYSE:TNC) SEC Filings
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Tennant (NYSE:TNC) Income Statement, Balance Sheet and Cash Flow Statement
Tennant (NYSE TNC) Stock Chart for Monday, April, 23, 2018
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