QQQ   303.60 (+0.00%)
AAPL   152.22 (+0.32%)
MSFT   260.39 (+1.41%)
META   185.62 (-0.24%)
GOOGL   103.56 (+0.64%)
AMZN   100.88 (-1.27%)
TSLA   195.76 (+0.51%)
NVDA   212.54 (+0.78%)
NIO   10.88 (-0.46%)
BABA   106.38 (+0.88%)
AMD   83.94 (+0.31%)
T   19.51 (-0.36%)
F   13.15 (+0.08%)
MU   59.82 (-0.27%)
CGC   2.88 (-2.37%)
GE   81.85 (-0.61%)
DIS   109.14 (-0.66%)
AMC   6.60 (-2.94%)
PFE   43.74 (-0.05%)
PYPL   81.95 (-0.46%)
NFLX   358.63 (-0.79%)
QQQ   303.60 (+0.00%)
AAPL   152.22 (+0.32%)
MSFT   260.39 (+1.41%)
META   185.62 (-0.24%)
GOOGL   103.56 (+0.64%)
AMZN   100.88 (-1.27%)
TSLA   195.76 (+0.51%)
NVDA   212.54 (+0.78%)
NIO   10.88 (-0.46%)
BABA   106.38 (+0.88%)
AMD   83.94 (+0.31%)
T   19.51 (-0.36%)
F   13.15 (+0.08%)
MU   59.82 (-0.27%)
CGC   2.88 (-2.37%)
GE   81.85 (-0.61%)
DIS   109.14 (-0.66%)
AMC   6.60 (-2.94%)
PFE   43.74 (-0.05%)
PYPL   81.95 (-0.46%)
NFLX   358.63 (-0.79%)
QQQ   303.60 (+0.00%)
AAPL   152.22 (+0.32%)
MSFT   260.39 (+1.41%)
META   185.62 (-0.24%)
GOOGL   103.56 (+0.64%)
AMZN   100.88 (-1.27%)
TSLA   195.76 (+0.51%)
NVDA   212.54 (+0.78%)
NIO   10.88 (-0.46%)
BABA   106.38 (+0.88%)
AMD   83.94 (+0.31%)
T   19.51 (-0.36%)
F   13.15 (+0.08%)
MU   59.82 (-0.27%)
CGC   2.88 (-2.37%)
GE   81.85 (-0.61%)
DIS   109.14 (-0.66%)
AMC   6.60 (-2.94%)
PFE   43.74 (-0.05%)
PYPL   81.95 (-0.46%)
NFLX   358.63 (-0.79%)
QQQ   303.60 (+0.00%)
AAPL   152.22 (+0.32%)
MSFT   260.39 (+1.41%)
META   185.62 (-0.24%)
GOOGL   103.56 (+0.64%)
AMZN   100.88 (-1.27%)
TSLA   195.76 (+0.51%)
NVDA   212.54 (+0.78%)
NIO   10.88 (-0.46%)
BABA   106.38 (+0.88%)
AMD   83.94 (+0.31%)
T   19.51 (-0.36%)
F   13.15 (+0.08%)
MU   59.82 (-0.27%)
CGC   2.88 (-2.37%)
GE   81.85 (-0.61%)
DIS   109.14 (-0.66%)
AMC   6.60 (-2.94%)
PFE   43.74 (-0.05%)
PYPL   81.95 (-0.46%)
NFLX   358.63 (-0.79%)
NYSE:TNC

Tennant - TNC Stock Forecast, Price & News

$69.87
-0.40 (-0.57%)
(As of 02/7/2023 09:27 AM ET)
Add
Compare
Today's Range
$69.87
$69.87
50-Day Range
$59.84
$71.18
52-Week Range
$54.90
$85.33
Volume
291 shs
Average Volume
51,716 shs
Market Capitalization
$1.30 billion
P/E Ratio
25.97
Dividend Yield
1.50%
Price Target
$96.00

Tennant MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
36.6% Upside
$96.00 Price Target
Short Interest
Healthy
2.51% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.76
Upright™ Environmental Score
News Sentiment
0.03mentions of Tennant in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$108,089 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.49 out of 5 stars

Industrial Products Sector

31st out of 175 stocks

Refrigeration & Service Industry Machinery Industry

3rd out of 5 stocks

TNC stock logo

About Tennant (NYSE:TNC) Stock

Tennant 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.

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.

TNC Stock News Headlines

A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Estimating The Fair Value Of Tennant Company (NYSE:TNC)
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Tennant Company (TNC) Q3 2022 Earnings Call Transcript
Tennant Company Reports 2022 Third Quarter Results
See More Headlines
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.

TNC Company Calendar

Last Earnings
11/01/2021
Ex-Dividend for 12/15 Dividend
11/29/2022
Dividend Payable
12/15/2022
Today
2/07/2023
Next Earnings (Estimated)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Refrigeration & service industry machinery
Sub-Industry
Industrial Machinery
CUSIP
88034510
Employees
4,263
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$96.00
High Stock Price Forecast
$96.00
Low Stock Price Forecast
$96.00
Forecasted Upside/Downside
+37.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$64.90 million
Pretax Margin
6.16%

Debt

Sales & Book Value

Annual Sales
$1.09 billion
Cash Flow
$7.28 per share
Book Value
$23.49 per share

Miscellaneous

Free Float
18,131,000
Market Cap
$1.30 billion
Optionable
Optionable
Beta
1.09

Key Executives

  • David W. Huml
    President, Chief Executive Officer & Director
  • Fay West
    Senior VP, Chief Financial & Accounting Officer
  • Barb Balinski
    Senior Vice President-Innovation & Technology
  • Richard H. ZayRichard H. Zay
    Chief Commercial Officer & Senior Vice President
  • Carol E. McKnight
    Chief Administrative Officer & Senior VP













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 price objectives for Tennant's stock. Their TNC share price forecasts range from $96.00 to $96.00. On average, they expect the company's share price to reach $96.00 in the next twelve months. This suggests a possible upside of 36.6% 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 shares have increased by 14.1% and is now trading at $70.27.
View the best growth stocks for 2023 here
.

Are investors shorting Tennant?

Tennant saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 465,700 shares, an increase of 38.6% from the December 15th total of 335,900 shares. Based on an average daily volume of 81,000 shares, the days-to-cover ratio is presently 5.7 days. Approximately 2.5% of the shares of the company are sold short.
View Tennant's Short Interest
.

When is Tennant's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our TNC earnings forecast
.

How were Tennant's earnings last quarter?

Tennant (NYSE:TNC) issued its earnings results on Monday, November, 1st. The industrial products company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.47. The industrial products company had revenue of $272 million for the quarter. Tennant had a trailing twelve-month return on equity of 14.50% and a net margin of 4.68%. During the same period last year, the company earned $0.90 EPS.

How often does Tennant pay dividends? What is the dividend yield for Tennant?

Tennant announced a quarterly dividend on Wednesday, October 26th. Investors of record on Wednesday, November 30th will be given a dividend of $0.265 per share on Thursday, December 15th. This represents a $1.06 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Tuesday, November 29th. This is an increase from the stock's previous quarterly dividend of $0.25.
Read our dividend analysis for TNC
.

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 1.50%. 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 39.41%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TNC.

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."

Who are Tennant's major shareholders?

Tennant's stock is owned by many different institutional and retail investors. Top institutional investors include Prentiss Smith & Co. Inc. (0.36%), Martin & Co. Inc. TN (0.15%), Assenagon Asset Management S.A. (0.12%), Summit Global Investments (0.07%), Yousif Capital Management LLC (0.06%) and Comerica Bank (0.06%). Insiders that own company stock include Azita Arvani, Carol S Eicher, Chris Killingstad, David S Wichmann, David W Huml, Donal L Mulligan, Richard H Zay, Richard H Zay and Steven Alan Sonnenberg.
View institutional ownership trends
.

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 $70.27.

How much money does Tennant make?

Tennant (NYSE:TNC) has a market capitalization of $1.31 billion and generates $1.09 billion in revenue each year. The industrial products company earns $64.90 million in net income (profit) each year or $2.69 on an earnings per share basis.

How many employees does Tennant have?

The company employs 4,263 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 2/7/2023 by MarketBeat.com Staff