NYSE:TNC Tennant - TNC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Tennant Please log in to your account or sign up in order to add this asset to your watchlist. $68.53 +1.55 (+2.31%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$67.26▼$68.6150-Day Range$64.30▼$73.0052-Week Range$54.90▼$82.06Volume79,016 shsAverage Volume91,504 shsMarket Capitalization$1.27 billionP/E Ratio19.36Dividend Yield1.55%Price Target$98.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Tennant MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside43.0% Upside$98.00 Price TargetShort InterestHealthy2.31% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.76Upright™ Environmental ScoreNews Sentiment0.54Based on 3 Articles This WeekInsider TradingSelling Shares$164,001 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.52 out of 5 starsIndustrial Products Sector45th out of 178 stocksRefrigeration & Service Industry Machinery Industry2nd out of 5 stocks 3.5 Analyst's Opinion Consensus RatingTennant has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $98.00, Tennant has a forecasted upside of 43.0% from its current price of $68.53.Amount of Analyst CoverageTennant has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.31% of the float of Tennant has been sold short.Short Interest Ratio / Days to CoverTennant has a short interest ratio ("days to cover") of 5.5.Change versus previous monthShort interest in Tennant has recently decreased by 3.89%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend YieldTennant pays a meaningful dividend of 1.60%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTennant has been increasing its dividend for 50 years.Dividend CoverageThe dividend payout ratio of Tennant is 29.94%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 2.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTennant has received a 17.36% net impact score from Upright. Tennant seems to create the most significant positive value in categories "Jobs", "Taxes", and "Physical diseases". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Surface cleaning machines", "Cyclonic vacuum cleaners", and "Upright vacuum cleaners" products. See details.Environmental SustainabilityThe Environmental Impact score for Tennant is -1.76. Previous Next 2.0 News and Social Media Coverage News SentimentTennant has a news sentiment score of 0.54. 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 Industrial Products companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Tennant this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for TNC on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Tennant to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tennant insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $164,001.00 in company stock.Percentage Held by InsidersOnly 2.50% of the stock of Tennant is held by insiders.Percentage Held by Institutions88.51% of the stock of Tennant is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Tennant is 19.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Tennant is 19.36, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.96.Price to Book Value per Share RatioTennant has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Tennant (NYSE:TNC) StockTennant Co. engages in the design, manufacture, and marketing of cleaning solutions. Its products include equipment for maintaining surfaces in industrial, commercial, and outdoor environments, detergent-free and other sustainable cleaning technologies, cleaning tools and supplies, and coatings for protecting, repairing and upgrading surfaces. It operates through the following geographic segments: North America, Latin America, Europe, Middle East, Africa and Asia Pacific. The company was founded by George Henry Tennant in 1870 and is headquartered in Eden Prairie, MN.Read More Receive TNC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tennant and its competitors with MarketBeat's FREE daily newsletter. Email Address TNC Stock News HeadlinesMarch 28, 2023 | finance.yahoo.comThe past year for Tennant (NYSE:TNC) investors has not been profitableMarch 24, 2023 | msn.comGood Omens Season 2 Adds David Tennant's Son and Father-in-LawApril 1, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 20, 2023 | finance.yahoo.comTennant Company Expands Ride-on Scrubber Portfolio with Introduction of Two New ScrubbersMarch 8, 2023 | seekingalpha.comTennant Company: Investors Are Cleaning Up NicelyFebruary 28, 2023 | finance.yahoo.comTennant Company (NYSE:TNC) Q4 2022 Earnings Call TranscriptFebruary 24, 2023 | finance.yahoo.comTennant Full Year 2022 Earnings: EPS Beats ExpectationsFebruary 23, 2023 | finance.yahoo.comTennant Company Reports 2022 Fourth Quarter and Full Year Results and Provides Full Year 2023 GuidanceApril 1, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.February 22, 2023 | seekingalpha.comTennant Q4 2022 Earnings PreviewFebruary 21, 2023 | msn.comDavid Tennant hilariously text Ricky Wilson asking for Masked Singer spoilersFebruary 9, 2023 | finance.yahoo.comTennant Company to Webcast Fourth Quarter 2022 Conference CallFebruary 5, 2023 | msn.comDavid Tennant shocks Limitless Win player with 'bizarre' cameo on Ant and Dec showJanuary 16, 2023 | forbes.comStocks This Week: Buy Tennant Company And Brown & BrownDecember 15, 2022 | finance.yahoo.comEstimating The Fair Value Of Tennant Company (NYSE:TNC)December 13, 2022 | seekingalpha.comTennant Company Can Still Move Higher Despite Recent WeaknessDecember 1, 2022 | finance.yahoo.comTennant (NYSE:TNC) Shareholders Will Want The ROCE Trajectory To ContinueNovember 17, 2022 | finance.yahoo.comTennant's (NYSE:TNC) Upcoming Dividend Will Be Larger Than Last Year'sNovember 13, 2022 | finance.yahoo.comTennant Company's (NYSE:TNC) Stock Is Going Strong: Is the Market Following Fundamentals?October 30, 2022 | finance.yahoo.comTennant (NYSE:TNC) Has Announced That It Will Be Increasing Its Dividend To $0.265October 29, 2022 | msn.comDavid Tennant’s Best Dramatic Performances, RankedOctober 29, 2022 | seekingalpha.comTennant Company (TNC) Q3 2022 Earnings Call TranscriptOctober 27, 2022 | finance.yahoo.comTennant Company Reports 2022 Third Quarter ResultsOctober 26, 2022 | finance.yahoo.comTennant Company Board Authorizes 6 Percent Quarterly Dividend IncreaseOctober 26, 2022 | msn.comTennant's Doctor Who Return May Be Using A Canceled Tom Baker Movie IdeaOctober 25, 2022 | msn.comDavid Tennant Is Returning to "Doctor Who" For the Show's 60th-Anniversary SpecialOctober 25, 2022 | msn.comMass Confusion Plagues 'Doctor Who' Fans After News Of David Tennant Specials Appearing On Disney+See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TNC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tennant and its competitors with MarketBeat's FREE daily newsletter. Email Address TNC Company Calendar Last Earnings2/23/2023Ex-Dividend for 3/15 Dividend3/02/2023Dividend Payable3/15/2023Today4/01/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Refrigeration & service industry machinery Sub-IndustryIndustrial Machinery SectorIndustrial Products Current SymbolNYSE:TNC CUSIP88034510 CIK97134 Webwww.tennantco.com Phone(763) 540-1200Fax763-513-2142Employees4,299Year FoundedN/APrice Target and Rating Average Stock Price Forecast$98.00 High Stock Price Forecast$98.00 Low Stock Price Forecast$98.00 Forecasted Upside/Downside+43.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.54 Trailing P/E Ratio19.36 Forward P/E Ratio16.71 P/E GrowthN/ANet Income$66.30 million Net Margins6.07% Pretax Margin7.28% Return on Equity17.29% Return on Assets7.35% Debt Debt-to-Equity Ratio0.63 Current Ratio2.20 Quick Ratio1.41 Sales & Book Value Annual Sales$1.09 billion Price / Sales1.16 Cash Flow$6.90 per share Price / Cash Flow9.93 Book Value$25.39 per share Price / Book2.70Miscellaneous Outstanding Shares18,550,000Free Float18,088,000Market Cap$1.27 billion OptionableOptionable Beta1.08 Key ExecutivesDavid W. HumlPresident, Chief Executive Officer & DirectorFay WestChief Financial Officer & Senior VPBarb BalinskiSenior Vice President-Innovation & TechnologyRichard H. ZayChief Commercial Officer & Senior Vice PresidentCarol E. McKnightChief Administrative Officer & Senior VPKey CompetitorsStandex InternationalNYSE:SXIEnergy RecoveryNASDAQ:ERIIGrafTech InternationalNYSE:EAFiRobotNASDAQ:IRBTKaiser AluminumNASDAQ:KALUView All CompetitorsInsiders & InstitutionsAzita ArvaniSold 2,320 sharesTotal: $164,000.80 ($70.69/share)Voya Investment Management LLCSold 8,771 shares on 2/28/2023Ownership: 0.065%Alliancebernstein L.P.Sold 2,232 shares on 2/16/2023Ownership: 0.146%Morgan StanleyBought 3,803 shares on 2/15/2023Ownership: 0.807%Legal & General Group PlcBought 177 shares on 2/15/2023Ownership: 0.288%View All Insider TransactionsView All Institutional Transactions TNC Stock - Frequently Asked Questions Should I buy or sell Tennant stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tennant in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TNC shares. View TNC analyst ratings or view top-rated stocks. What is Tennant's stock price forecast for 2023? 1 brokers have issued 1 year target prices for Tennant's stock. Their TNC share price forecasts range from $98.00 to $98.00. On average, they predict the company's stock price to reach $98.00 in the next twelve months. This suggests a possible upside of 43.0% from the stock's current price. View analysts price targets for TNC or view top-rated stocks among Wall Street analysts. How have TNC shares performed in 2023? Tennant's stock was trading at $61.57 at the beginning of 2023. Since then, TNC stock has increased by 11.3% and is now trading at $68.53. View the best growth stocks for 2023 here. When is Tennant's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our TNC earnings forecast. How were Tennant's earnings last quarter? Tennant (NYSE:TNC) posted its earnings results on Thursday, February, 23rd. The industrial products company reported $1.46 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.25. The industrial products company had revenue of $291 million for the quarter, compared to the consensus estimate of $291.20 million. Tennant had a trailing twelve-month return on equity of 17.29% and a net margin of 6.07%. The firm's revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.71 earnings per share. How often does Tennant pay dividends? What is the dividend yield for Tennant? Tennant declared a quarterly dividend on Tuesday, February 14th. Investors of record on Friday, March 3rd will be paid a dividend of $0.265 per share on Wednesday, March 15th. This represents a $1.06 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend is Thursday, March 2nd. Read our dividend analysis for TNC. What ETFs hold Tennant's stock? ETFs with the largest weight of Tennant (NYSE:TNC) stock in their portfolio include VanEck Environmental Services ETF (EVX), Gabelli Automation ETF (GAST), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Industrials ETF (PSCI), Small Cap US Equity Select ETF (RNSC), Timothy Plan US Small Cap Core ETF (TPSC), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) and SPDR S&P 600 Small CapValue ETF (SLYV). Is Tennant a good dividend stock? Tennant (NYSE:TNC) pays an annual dividend of $1.06 per share and currently has a dividend yield of 1.59%. The company has been increasing its dividend for 50 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 29.94%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for TNC. What guidance has Tennant issued on next quarter's earnings? Tennant issued an update on its FY 2023 earnings guidance on Thursday, February, 23rd. The company provided earnings per share (EPS) guidance of $3.70-$4.50 for the period, compared to the consensus earnings per share estimate of $4.50. The company issued revenue guidance of $1.11 billion-$1.16 billion, compared to the consensus revenue estimate of $1.15 billion. What is Chris Killingstad's approval rating as Tennant's CEO? 80 employees have rated Tennant Chief Executive Officer Chris Killingstad on Glassdoor.com. Chris Killingstad has an approval rating of 45% among the company's employees. This puts Chris Killingstad in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Tennant own? Based on aggregate information from My MarketBeat watchlists, some companies that other Tennant investors own include Boeing (BA), Exxon Mobil (XOM), Verizon Communications (VZ), 3M (MMM), AT&T (T), Abbott Laboratories (ABT), Johnson & Johnson (JNJ), Medtronic (MDT), McCormick & Company, Incorporated (MKC) and NVIDIA (NVDA). What is Tennant's stock symbol? Tennant trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNC." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Tennant's stock price today? One share of TNC stock can currently be purchased for approximately $68.53. How much money does Tennant make? Tennant (NYSE:TNC) has a market capitalization of $1.27 billion and generates $1.09 billion in revenue each year. The industrial products company earns $66.30 million in net income (profit) each year or $3.54 on an earnings per share basis. How many employees does Tennant have? The company employs 4,299 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 official website for the company is www.tennantco.com. The industrial products company can be reached via phone at (763) 540-1200, via email at william.prate@tennantco.com, or via fax at 763-513-2142. This page (NYSE:TNC) was last updated on 4/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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