S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
NYSE:TNC

Tennant Stock Forecast, Price & News

$77.27
+0.60 (+0.78%)
(As of 01/21/2022 04:00 PM ET)
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Today's Range
$76.15
$78.91
50-Day Range
$76.67
$84.34
52-Week Range
$66.73
$87.40
Volume
40,653 shs
Average Volume
45,939 shs
Market Capitalization
$1.43 billion
P/E Ratio
24.53
Dividend Yield
1.30%
Beta
1.04
30 days | 90 days | 365 days | Advanced Chart
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Tennant logo

About Tennant

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 Minneapolis, MN.

Headlines

Tennant (NYSE:TNC) Sees Large Decline in Short Interest
January 20, 2022 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Refrigeration & service industry machinery
Sub-Industry
Industrial Machinery
CUSIP
88034510
Employees
4,373
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.00 billion
Cash Flow
$5.61 per share
Book Value
$21.93 per share

Profitability

Net Income
$33.70 million
Pretax Margin
6.12%

Debt

Price-To-Earnings

Miscellaneous

Free Float
17,535,000
Market Cap
$1.43 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/01/2021
Ex-Dividend for 12/15 Dividend
11/29/2021
Dividend Payable
12/15/2021
Today
1/22/2022
Next Earnings (Estimated)
2/24/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

1.97 out of 5 stars

Industrial Products Sector

149th out of 248 stocks

Refrigeration & Service Industry Machinery Industry

5th out of 6 stocks

Analyst Opinion: 0.0Community Rank: 4.0Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 0.0 5 -4 -3 -2 -1 -












Tennant (NYSE:TNC) Frequently Asked Questions

Is Tennant a buy right now?

1 Wall Street equities 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 equities research analysts is that investors should "buy" Tennant stock.
View analyst ratings for Tennant
or view top-rated stocks.

How has Tennant's stock price been impacted by Coronavirus (COVID-19)?

Tennant's stock was trading at $62.35 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TNC shares have increased by 23.9% and is now trading at $77.27.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Tennant?

Tennant saw a drop in short interest during the month of December. As of December 31st, there was short interest totaling 146,000 shares, a drop of 19.2% from the December 15th total of 180,600 shares. Based on an average trading volume of 41,700 shares, the days-to-cover ratio is currently 3.5 days. Currently, 0.8% of the company's shares are sold short.
View Tennant's Short Interest
.

When is Tennant's next earnings date?

Tennant is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for Tennant
.

How were Tennant's earnings last quarter?

Tennant (NYSE:TNC) posted its quarterly earnings data 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 net margin of 5.47% and a trailing twelve-month return on equity of 18.43%. During the same period in the prior year, the firm posted $0.90 earnings per share.
View Tennant's earnings history
.

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

Tennant announced a quarterly dividend on Friday, October 29th. Shareholders of record on Tuesday, November 30th will be given a dividend of $0.25 per share on Wednesday, December 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date is Monday, November 29th. This is a positive change from Tennant's previous quarterly dividend of $0.23.
View Tennant's dividend history
.

Is Tennant a good dividend stock?

Tennant pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.30%. Tennant 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 of Tennant is 31.75%. This payout ratio is at a healthy, sustainable level, below 75%.
View Tennant's dividend history.

What guidance has Tennant issued on next quarter's earnings?

Tennant updated its FY 2021 earnings guidance on Tuesday, November, 9th. The company provided EPS guidance of $4.200-$4.400 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.350. The company issued revenue guidance of $1.09 billion-$1.10 billion, compared to the consensus revenue estimate of $1.10 billion.

Who are Tennant's key executives?

Tennant's management team includes the following people:
  • David W. Huml, President, Chief Executive Officer & Director
  • Fay West, Senior VP, Chief Financial & Accounting Officer
  • Barb Balinski, Vice President-Innovation & Technology
  • Richard H. Zay, Chief Commercial Officer & Senior Vice President
  • Carol E. McKnight, Chief Administrative Officer & Senior VP

What is Chris Killingstad's approval rating as Tennant's CEO?

80 employees have rated Tennant CEO Chris Killingstad on Glassdoor.com. Chris Killingstad has an approval rating of 45% among Tennant'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 a number of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (0.92%), Kopion Asset Management LLC (0.60%), State of Alaska Department of Revenue (0.07%) and Exchange Traded Concepts LLC (0.04%). Company insiders that own Tennant stock include Azita Arvani, Chris Killingstad, David S Wichmann, David W Huml, Donal L Mulligan, Richard H Zay and Richard H Zay.
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 Kopion Asset Management LLC, and State of Alaska Department of Revenue. Company insiders that have sold Tennant company stock in the last year include Azita Arvani, Chris Killingstad, David W Huml, Donal L Mulligan, and Richard H Zay.
View insider buying and selling activity for Tennant
or view top insider-selling stocks.

Which institutional investors are buying Tennant stock?

TNC stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., and Exchange Traded Concepts LLC.
View insider buying and selling activity for Tennant
or or view top insider-buying stocks.

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 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 $77.27.

How much money does Tennant make?

Tennant has a market capitalization of $1.43 billion and generates $1.00 billion in revenue each year. The industrial products company earns $33.70 million in net income (profit) each year or $3.15 on an earnings per share basis.

How many employees does Tennant have?

Tennant employs 4,373 workers across the globe.

What is Tennant's official website?

The official website for Tennant is www.tennantco.com.

Where are Tennant's headquarters?

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, via email at [email protected], or via fax at 763-513-2142.


This page was last updated on 1/22/2022 by MarketBeat.com Staff

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