Tennant Company designs, manufactures, and markets floor cleaning equipment. It 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. The company also provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. 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, businesses, and various governmental entities through direct sales and service organization, as well as through a network of authorized distributors under the Tennant, Nobles, Green Machines, Alfa Uma Empresa Tennant, IRIS, Superior Anodes, Waterstar, and Orbio brands worldwide. 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$1.00 billion
Profitability
Miscellaneous
Employees4,300
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 Monday, November 12th. Stockholders of record on Friday, November 30th will be given a dividend of $0.22 per share on Friday, December 14th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Thursday, November 29th. This is an increase from Tennant's previous quarterly dividend of $0.21. View Tennant's Dividend History.
How were Tennant's earnings last quarter?
Tennant (NYSE:TNC) issued its quarterly earnings data on Wednesday, October, 24th. The industrial products company reported $0.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.15. The industrial products company earned $273.30 million during the quarter, compared to the consensus estimate of $267.20 million. Tennant had a net margin of 2.01% and a return on equity of 11.94%. The firm's quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.32 earnings per share. 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 FY18 earnings guidance on Wednesday, October, 24th. The company provided earnings per share (EPS) guidance of $2.05-2.15 for the period, compared to the Thomson Reuters consensus estimate of $2.04. The company issued revenue guidance of $1.115-1.125 billion, compared to the consensus revenue estimate of $1.12 billion.
What is the consensus analysts' recommendation for Tennant?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tennant in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tennant.
Has Tennant been receiving favorable news coverage?
News stories about TNC stock have trended very positive on Tuesday, according to InfoTrie. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tennant earned a media sentiment score of 3.2 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are some of Tennant's key competitors?
Some companies that are related to Tennant include SUMITOMO HEAVY/ADR (SOHVY), GrafTech International (EAF), Kawasaki Heavy Industries (KWHIY), MSA Safety (MSA), Cimpress (CMPR), Graphic Packaging (GPK), EnerSys (ENS), RBC Bearings (ROLL), Timken (TKR), Proto Labs (PRLB), Regal Beloit (RBC), Owens-Illinois (OI), Kennametal (KMT), Barnes Group (B) and Tetra Tech (TTEK).
Who are Tennant's key executives?
Tennant's management team includes the folowing people:
- Mr. H. Chris Killingstad, Pres, CEO & Director (Age 62)
- Mr. Thomas Paulson, Sr. VP & CFO (Age 62)
- Mr. David W. Huml, Sr. VP of EMEA, APAC & Global Marketing (Age 49)
- Mr. Richard H. Zay, Sr. VP of the Americas (Age 47)
- Mr. Michael W. Schaefer, CTO, Sr. VP of Engineering and R&D (Age 57)
Who are Tennant's major shareholders?
Tennant's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BTIM Corp. (0.77%), Bank of Montreal Can (0.13%) and Louisiana State Employees Retirement System (0.04%). Company insiders that own Tennant stock include Carol S Eicher, Chris Killingstad, David W Huml, Heidi M Wilson, 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 BTIM Corp., Louisiana State Employees Retirement System and Bank of Montreal Can. Company insiders that have sold Tennant company stock in the last year include Chris Killingstad, David W Huml, Richard H Zay and Thomas Paulson. 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 $55.89.
How big of a company is Tennant?
Tennant has a market capitalization of $1.01 billion and generates $1.00 billion in revenue each year. The industrial products company earns $-6,190,000.00 in net income (profit) each year or $1.54 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 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)
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.
