Tennant Company designs, manufactures, and markets floor cleaning equipment worldwide. The company 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. It also provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. The company offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IRIS, VLX, Superior Anodes, Orbio, and IPC brands, as well as private-label brands. 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 and businesses through direct sales and service organization, as well as through a network of authorized distributors. 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
Phone763-540-1200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.12 billion
Profitability
Miscellaneous
Employees4,300
Next Earnings Date4/30/2019 (Confirmed)
OptionableOptionable
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 Friday, February 15th. Shareholders of record on Thursday, February 28th will be paid a dividend of $0.22 per share on Friday, March 15th. This represents a $0.88 annualized dividend and a yield of 1.31%. The ex-dividend date is Wednesday, February 27th. View Tennant's Dividend History.
How were Tennant's earnings last quarter?
Tennant (NYSE:TNC) issued its quarterly earnings data on Thursday, February, 21st. The industrial products company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.06. The industrial products company had revenue of $285.20 million for the quarter, compared to analysts' expectations of $285.25 million. Tennant had a net margin of 2.97% and a return on equity of 13.01%. Tennant's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.34 EPS. View Tennant's Earnings History.
When is Tennant's next earnings date?
What guidance has Tennant issued on next quarter's earnings?
Tennant updated its FY19 earnings guidance on Thursday, February, 21st. The company provided earnings per share guidance of $2.30-2.50 for the period, compared to the Thomson Reuters consensus estimate of $2.49. The company issued revenue guidance of $1.15-1.17 billion, compared to the consensus revenue estimate of $1.17 billion.
Has Tennant been receiving favorable news coverage?
Headlines about TNC stock have been trending positive recently, according to InfoTrie. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tennant earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.
Who are some of Tennant's key competitors?
Some companies that are related to Tennant include ANDRITZ AG/ADR (ADRZY), MSC Industrial Direct (MSM), G4S/ADR (GFSZY), Weir Group (WEIR), PrairieSky Royalty (PSK), NINE DRAGONS PA/ADR (NDGPY), SUMITOMO HEAVY/ADR (SOHVY), Kawasaki Heavy Industries (KWHIY), MSA Safety (MSA), GrafTech International (EAF), Amada Holdings Unspon Adr Rep (AMDLY), Meggitt (MGGT), Graphic Packaging (GPK), DuluxGroup (DLX) and Timken (TKR).
What other stocks do shareholders of Tennant own?
Who are Tennant's key executives?
Tennant's management team includes the folowing people:
- Mr. H. Chris Killingstad, Pres, CEO & Director (Age 63)
- Mr. David W. Huml, Sr. VP of EMEA, APAC, Global Marketing & Operations (Age 50)
- Mr. Richard H. Zay, Sr. VP of the Americas and R&D (Age 48)
- Mr. Keith A. Woodward, Sr. VP & CFO (Age 54)
- Mr. Michael W. Schaefer, CTO, Sr. VP of Engineering and R&D (Age 58)
Who are Tennant's major shareholders?
Tennant's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BTIM Corp. (0.81%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own Tennant stock include Carol S Eicher, Chris Killingstad, David W Huml, Richard H Zay and Thomas Paulson. View Institutional Ownership Trends for Tennant.
Which institutional investors are buying Tennant stock?
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 $67.43.
How big of a company is Tennant?
Tennant has a market capitalization of $1.22 billion and generates $1.12 billion in revenue each year. The industrial products company earns $33.41 million in net income (profit) each year or $2.18 on an earnings per share basis. Tennant employs 4,300 workers across the globe.
What is Tennant's official website?
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 (NYSE 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.
