NYSE:TNC - Tennant Stock Price, News, & Analysis

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$58.87 +1.01 (+1.75 %)
(As of 05/24/2019 12:08 PM ET)
Previous Close$57.86
Today's Range$58.87 - $58.87
52-Week Range$48.97 - $86.03
Volume5 shs
Average Volume90,911 shs
Market Capitalization$1.07 billion
P/E Ratio27.00
Dividend Yield1.45%
Beta1.15
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.

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Industry, Sector and Symbol

Industry Refrigeration & service industry machinery
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP88034510
Phone763-540-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.12 billion
Cash Flow$5.1777 per share
Book Value$17.63 per share

Profitability

Net Income$33.41 million

Miscellaneous

Employees4,300
Market Cap$1.07 billion
Next Earnings Date7/24/2019 (Estimated)
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 declared a quarterly dividend on Thursday, May 9th. Investors of record on Friday, May 31st will be given a dividend of $0.22 per share on Friday, June 14th. This represents a $0.88 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Thursday, May 30th. View Tennant's Dividend History.

How were Tennant's earnings last quarter?

Tennant (NYSE:TNC) released its quarterly earnings data on Tuesday, April, 30th. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.09. The industrial products company had revenue of $262.50 million for the quarter, compared to analyst estimates of $278.30 million. Tennant had a return on equity of 14.20% and a net margin of 3.19%. The business's revenue for the quarter was down 3.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.27 EPS. View Tennant's Earnings History.

When is Tennant's next earnings date?

Tennant is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Tennant.

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

Tennant updated its FY19 earnings guidance on Tuesday, April, 30th. The company provided EPS guidance of $2.30-2.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.40. The company issued revenue guidance of $1.15-1.17 billion, compared to the consensus revenue estimate of $1.16 billion.

Has Tennant been receiving favorable news coverage?

Media coverage about TNC stock has been trending positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tennant earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of Tennant's key competitors?

What other stocks do shareholders of Tennant own?

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

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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.52%), ArrowMark Colorado Holdings LLC (11.37%), Mairs & Power INC (7.19%), Dimensional Fund Advisors LP (3.64%), Royce & Associates LP (3.41%) and Gamco Investors INC. ET AL (2.03%). Company insiders that own Tennant stock include Chris Killingstad, David W Huml, Richard H Zay, Steven Alan Sonnenberg and Thomas Paulson. View Institutional Ownership Trends for Tennant.

Which major investors are selling Tennant stock?

TNC stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., US Bancorp DE, JPMorgan Chase & Co., Voya Investment Management LLC, Morgan Stanley, Royce & Associates LP, Gabelli Funds LLC and Clean Yield Group. Company insiders that have sold Tennant company stock in the last year include David W Huml, Steven Alan Sonnenberg and Thomas Paulson. View Insider Buying and Selling for Tennant.

Which major investors are buying Tennant stock?

TNC stock was acquired by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, BlackRock Inc., Marshall Wace LLP, Lido Advisors LLC, Mairs & Power INC, Renaissance Technologies LLC, Geode Capital Management LLC and Oxford Asset Management LLP. View Insider Buying and Selling for Tennant.

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 $58.87.

How big of a company is Tennant?

Tennant has a market capitalization of $1.07 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?

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

How can I contact Tennant?

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]


MarketBeat Community Rating for Tennant (NYSE TNC)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  274 (Vote Outperform)
Underperform Votes:  364 (Vote Underperform)
Total Votes:  638
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.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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