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 Daily Premium 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. $69.87 -0.40 (-0.57%) (As of 02/7/2023 09:27 AM ET) Add Compare Share Share Today's Range$69.87▼$69.8750-Day Range$59.84▼$71.1852-Week Range$54.90▼$85.33Volume291 shsAverage Volume51,716 shsMarket Capitalization$1.30 billionP/E Ratio25.97Dividend Yield1.50%Price Target$96.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Tennant MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside36.6% Upside$96.00 Price TargetShort InterestHealthy2.51% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.76Upright™ Environmental ScoreNews Sentiment0.03Based on 2 Articles This WeekInsider TradingSelling Shares$108,089 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.2.49 out of 5 starsIndustrial Products Sector31st out of 175 stocksRefrigeration & Service Industry Machinery Industry3rd 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 $96.00, Tennant has a forecasted upside of 36.6% from its current price of $70.27.Amount of Analyst CoverageTennant has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.51% of the float of Tennant has been sold short.Short Interest Ratio / Days to CoverTennant has a short interest ratio ("days to cover") of 6.1.Change versus previous monthShort interest in Tennant has recently decreased by 1.42%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend YieldTennant pays a meaningful dividend of 1.50%, 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 39.41%. 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 1.7 News and Social Media Coverage News SentimentTennant has a news sentiment score of 0.03. 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 is a lower news sentiment than the 0.55 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Tennant this week, compared to 2 articles on an average week.Search Interest4 people have searched for TNC on MarketBeat in the last 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 $108,089.00 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 26.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.10.Price to Earnings Ratio vs. SectorThe P/E ratio of Tennant is 26.12, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 15.92.Price to Book Value per Share RatioTennant has a P/B Ratio of 2.99. 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 HeadlinesFebruary 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 & BrownFebruary 7, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...December 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?February 7, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...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+October 25, 2022 | msn.comDavid Tennant says he was "worried" about Doctor Who's big twistOctober 25, 2022 | msn.comDavid Tennant’s Wife Georgia: Everything To Know About ‘Doctor Who’s Star’s Spouse Of Over 10 YearsOctober 21, 2022 | msn.comDoctor Who star David Tennant reveals he was in the running to play James BondOctober 21, 2022 | msn.comDavid Tennant's Doctor Who Return Sets Up Perfect Villain TwistOctober 19, 2022 | finance.yahoo.comTennant (NYSE:TNC) investors are sitting on a loss of 22% if they invested a year agoOctober 13, 2022 | benzinga.comTennant Company to Webcast Third Quarter 2022 Conference Call - Tennant (NYSE:TNC) - BenzingaOctober 13, 2022 | finance.yahoo.comTennant Company to Webcast Third Quarter 2022 Conference CallOctober 9, 2022 | apnews.comTennant FG rallies No. 20 Kansas State past Iowa State 10-9 - The Associated Press - en EspañolOctober 6, 2022 | businesswire.comBlue.cloud Appoints Former ThoughtSpot Regional Director, Bill Tennant, as Chief Revenue Officer - Business WireOctober 6, 2022 | bloomberg.comLondon Spare Room Rentals Squeezed by Surge in Tennant Demand and Low Supply - BloombergSee 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 Earnings11/01/2021Ex-Dividend for 12/15 Dividend11/29/2022Dividend Payable12/15/2022Today2/07/2023Next Earnings (Estimated)2/23/2023Fiscal 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) 540-1200Fax763-513-2142Employees4,263Year FoundedN/APrice 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 RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.69 Trailing P/E Ratio25.97 Forward P/E Ratio17.92 P/E GrowthN/ANet Income$64.90 million Net Margins4.68% Pretax Margin6.16% Return on Equity14.50% Return on Assets6.06% Debt Debt-to-Equity Ratio0.65 Current Ratio2.14 Quick Ratio1.32 Sales & Book Value Annual Sales$1.09 billion Price / Sales1.19 Cash Flow$7.28 per share Price / Cash Flow9.60 Book Value$23.49 per share Price / Book2.97Miscellaneous Outstanding Shares18,600,000Free Float18,131,000Market Cap$1.30 billion OptionableOptionable Beta1.09 Key ExecutivesDavid W. HumlPresident, Chief Executive Officer & DirectorFay WestSenior VP, Chief Financial & Accounting OfficerBarb BalinskiSenior Vice President-Innovation & TechnologyRichard H. ZayChief Commercial Officer & Senior Vice PresidentCarol E. McKnightChief Administrative Officer & Senior VPKey CompetitorsStandex InternationalNYSE:SXITriMasNASDAQ:TRSKornit DigitalNASDAQ:KRNTEnergy RecoveryNASDAQ:ERIIiRobotNASDAQ:IRBTView All CompetitorsInsiders & InstitutionsMartin & Co. Inc. TNBought 880 shares on 2/6/2023Ownership: 0.147%SG Americas Securities LLCBought 5,574 shares on 2/2/2023Ownership: 0.055%Bank of Montreal CanSold 172 shares on 2/1/2023Ownership: 0.021%Zurcher Kantonalbank Zurich Cantonalbank Bought 478 shares on 2/1/2023Ownership: 0.017%Prentiss Smith & Co. Inc.Sold 280 shares on 1/31/2023Ownership: 0.359%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 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 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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