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 Tuesday, November 12th. Investors of record on Friday, November 29th will be given a dividend of $0.22 per share on Monday, December 16th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend is Wednesday, November 27th. View Tennant's Dividend History.

Tennant (NYSE:TNC) announced its earnings results on Wednesday, October, 30th. The industrial products company reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.18. The industrial products company earned $280.70 million during the quarter, compared to the consensus estimate of $285.90 million. Tennant had a return on equity of 15.75% and a net margin of 3.77%. The firm's quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.54 EPS. View Tennant's Earnings History.

Tennant is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Tennant.

Tennant updated its FY19 earnings guidance on Wednesday, October, 30th. The company provided earnings per share (EPS) guidance of $2.80-2.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.72. The company issued revenue guidance of $1.135-1.45 billion, compared to the consensus revenue estimate of $1.15 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.

Press coverage about TNC stock has been trending extremely negative on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news 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 nearest to five being the most favorable. Tennant earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave media stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term. 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), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Gardner Denver (GDI), Donaldson (DCI) and Flowserve (FLS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tennant investors own include Exxon Mobil (XOM), Verizon Communications (VZ), AbbVie (ABBV), Medtronic (MDT), 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 many different of institutional and retail investors. Top institutional shareholders include Boston Trust Walden Corp (0.89%), Kopion Asset Management LLC (0.44%), Prentiss Smith & Co. Inc. (0.28%), Accredited Investors Inc. (0.12%), SFE Investment Counsel (0.09%) and State of Alaska Department of Revenue (0.08%). 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 Accredited Investors Inc., Prentiss Smith & Co. Inc., Clean Yield Group, Louisiana State Employees Retirement System, SFE Investment Counsel, CWM Advisors LLC and State of Alaska Department of Revenue. 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 Kopion Asset Management LLC and Boston Trust Walden Corp. 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 $82.24.

Tennant has a market capitalization of $1.50 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.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]