NYSE:TNC - Tennant Stock Price, Forecast & News

Tennant trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNC."

Tennant announced a quarterly dividend on Wednesday, February 19th. Stockholders of record on Monday, March 2nd will be paid a dividend of $0.22 per share on Monday, March 16th. This represents a $0.88 annualized dividend and a dividend yield of 1.23%. The ex-dividend date is Friday, February 28th. View Tennant's Dividend History.

Tennant (NYSE:TNC) issued its quarterly earnings results on Thursday, February, 20th. The industrial products company reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.04. The industrial products company earned $294.80 million during the quarter, compared to analyst estimates of $294.80 million. Tennant had a return on equity of 15.81% and a net margin of 4.02%. The business's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter last year, the business posted $0.54 EPS. View Tennant's Earnings History.

Tennant is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Tennant.

Tennant updated its FY 2020 Pre-Market earnings guidance on Thursday, February, 20th. The company provided earnings per share guidance of 4.00-4.15 for the period, compared to the Thomson Reuters consensus estimate of $3.03. The company issued revenue guidance of $1.15-1.16 billion, compared to the consensus revenue estimate of $1.16 billion.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tennant in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tennant.

News headlines about TNC stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Tennant earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Tennant.

Some companies that are related to Tennant include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Graco (GGG), Nordson (NDSN), Snap-on (SNA), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Gardner Denver (GDI), Middleby (MIDD) and Donaldson (DCI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tennant investors own include Exxon Mobil (XOM), Medtronic (MDT), Verizon Communications (VZ), AbbVie (ABBV), PepsiCo (PEP), Walgreens Boots Alliance (WBA), AFLAC (AFL), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM) and Lowe's Companies (LOW).

Tennant's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include ArrowMark Colorado Holdings LLC (11.38%), Mairs & Power INC (7.79%), Royce & Associates LP (5.39%), State Street Corp (2.87%), Bank of New York Mellon Corp (1.99%) and Geode Capital Management LLC (1.29%). Company insiders that own Tennant stock include Carol S Eicher, Chris Killingstad, David S Wichmann, David W Huml, Donal L Mulligan, Richard H Zay, Steven Alan Sonnenberg and Thomas Paulson. View Institutional Ownership Trends for Tennant.

TNC stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Gabelli Funds LLC, Thrivent Financial for Lutherans, Ceredex Value Advisors LLC, Bank of America Corp DE, Arizona State Retirement System, Pinebridge Investments L.P. and Accredited Investors Inc.. Company insiders that have sold Tennant company stock in the last year include Carol S Eicher, Chris Killingstad, David S Wichmann, David W Huml, Donal L Mulligan, Richard H Zay and Steven Alan Sonnenberg. View Insider Buying and Selling for Tennant.

TNC stock was acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP, Kopion Asset Management LLC, Russell Investments Group Ltd., William Blair Investment Management LLC, First Trust Advisors LP, Bank of Montreal Can, Great West Life Assurance Co. Can and Oxford Asset Management LLP. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of TNC stock can currently be purchased for approximately $71.54.

Tennant has a market capitalization of $1.31 billion and generates $1.14 billion in revenue each year. The industrial products company earns $45.80 million in net income (profit) each year or $2.90 on an earnings per share basis. Tennant employs 4,300 workers across the globe.View Additional Information About Tennant.

The official website for Tennant is http://www.tennantco.com/.

Tennant's mailing address is 701 N 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]