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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
"Prepare for Five Years of Famine" (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
Did You See These Trend Reversals? (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
What To Do With Your Trades Today (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
"Prepare for Five Years of Famine" (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
Did You See These Trend Reversals? (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
What To Do With Your Trades Today (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
"Prepare for Five Years of Famine" (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
Did You See These Trend Reversals? (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
What To Do With Your Trades Today (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
NYSE:TNC

Tennant - TNC Stock Forecast, Price & News

$68.53
+1.55 (+2.31%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$67.26
$68.61
50-Day Range
$64.30
$73.00
52-Week Range
$54.90
$82.06
Volume
79,016 shs
Average Volume
91,504 shs
Market Capitalization
$1.27 billion
P/E Ratio
19.36
Dividend Yield
1.55%
Price Target
$98.00

Tennant MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.0% Upside
$98.00 Price Target
Short Interest
Healthy
2.31% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.76
Upright™ Environmental Score
News Sentiment
0.54mentions of Tennant in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$164,001 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.52 out of 5 stars

Industrial Products Sector

45th out of 178 stocks

Refrigeration & Service Industry Machinery Industry

2nd out of 5 stocks


TNC stock logo

About Tennant (NYSE:TNC) Stock

Tennant Co. engages in the design, manufacture, and marketing of cleaning solutions. Its products include equipment for maintaining surfaces in industrial, commercial, and outdoor environments, detergent-free and other sustainable cleaning technologies, cleaning tools and supplies, and coatings for protecting, repairing and upgrading surfaces. It operates through the following geographic segments: North America, Latin America, Europe, Middle East, Africa and Asia Pacific. The company was founded by George Henry Tennant in 1870 and is headquartered in Eden Prairie, MN.

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TNC Stock News Headlines

BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Tennant Company: Investors Are Cleaning Up Nicely
Tennant Full Year 2022 Earnings: EPS Beats Expectations
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Tennant Q4 2022 Earnings Preview
Estimating The Fair Value Of Tennant Company (NYSE:TNC)
Tennant Company (TNC) Q3 2022 Earnings Call Transcript
Tennant Company Reports 2022 Third Quarter Results
See More Headlines
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TNC Company Calendar

Last Earnings
2/23/2023
Ex-Dividend for 3/15 Dividend
3/02/2023
Dividend Payable
3/15/2023
Today
4/01/2023
Next Earnings (Estimated)
4/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Refrigeration & service industry machinery
Sub-Industry
Industrial Machinery
CUSIP
88034510
Employees
4,299
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$98.00
High Stock Price Forecast
$98.00
Low Stock Price Forecast
$98.00
Forecasted Upside/Downside
+43.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$66.30 million
Pretax Margin
7.28%

Debt

Sales & Book Value

Annual Sales
$1.09 billion
Cash Flow
$6.90 per share
Book Value
$25.39 per share

Miscellaneous

Free Float
18,088,000
Market Cap
$1.27 billion
Optionable
Optionable
Beta
1.08

Key Executives

  • David W. Huml
    President, Chief Executive Officer & Director
  • Fay West
    Chief Financial Officer & Senior VP
  • Barb Balinski
    Senior Vice President-Innovation & Technology
  • Richard H. ZayRichard H. Zay
    Chief Commercial Officer & Senior Vice President
  • Carol E. McKnight
    Chief Administrative Officer & Senior VP













TNC Stock - Frequently Asked Questions

Should I buy or sell Tennant stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tennant in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TNC shares.
View TNC analyst ratings
or view top-rated stocks.

What is Tennant's stock price forecast for 2023?

1 brokers have issued 1 year target prices for Tennant's stock. Their TNC share price forecasts range from $98.00 to $98.00. On average, they predict the company's stock price to reach $98.00 in the next twelve months. This suggests a possible upside of 43.0% from the stock's current price.
View analysts price targets for TNC
or view top-rated stocks among Wall Street analysts.

How have TNC shares performed in 2023?

Tennant's stock was trading at $61.57 at the beginning of 2023. Since then, TNC stock has increased by 11.3% and is now trading at $68.53.
View the best growth stocks for 2023 here
.

When is Tennant's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our TNC earnings forecast
.

How were Tennant's earnings last quarter?

Tennant (NYSE:TNC) posted its earnings results on Thursday, February, 23rd. The industrial products company reported $1.46 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.25. The industrial products company had revenue of $291 million for the quarter, compared to the consensus estimate of $291.20 million. Tennant had a trailing twelve-month return on equity of 17.29% and a net margin of 6.07%. The firm's revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.71 earnings per share.

How often does Tennant pay dividends? What is the dividend yield for Tennant?

Tennant declared a quarterly dividend on Tuesday, February 14th. Investors of record on Friday, March 3rd will be paid a dividend of $0.265 per share on Wednesday, March 15th. This represents a $1.06 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend is Thursday, March 2nd.
Read our dividend analysis for TNC
.

Is Tennant a good dividend stock?

Tennant (NYSE:TNC) pays an annual dividend of $1.06 per share and currently has a dividend yield of 1.59%. The company has been increasing its dividend for 50 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 29.94%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TNC.

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

Tennant issued an update on its FY 2023 earnings guidance on Thursday, February, 23rd. The company provided earnings per share (EPS) guidance of $3.70-$4.50 for the period, compared to the consensus earnings per share estimate of $4.50. The company issued revenue guidance of $1.11 billion-$1.16 billion, compared to the consensus revenue estimate of $1.15 billion.

What is Chris Killingstad's approval rating as Tennant's CEO?

80 employees have rated Tennant Chief Executive Officer Chris Killingstad on Glassdoor.com. Chris Killingstad has an approval rating of 45% among the company's employees. This puts Chris Killingstad in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Tennant own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tennant investors own include Boeing (BA), Exxon Mobil (XOM), Verizon Communications (VZ), 3M (MMM), AT&T (T), Abbott Laboratories (ABT), Johnson & Johnson (JNJ), Medtronic (MDT), McCormick & Company, Incorporated (MKC) and NVIDIA (NVDA).

What is Tennant's stock symbol?

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

How do I buy shares of Tennant?

Shares of TNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Tennant's stock price today?

One share of TNC stock can currently be purchased for approximately $68.53.

How much money does Tennant make?

Tennant (NYSE:TNC) has a market capitalization of $1.27 billion and generates $1.09 billion in revenue each year. The industrial products company earns $66.30 million in net income (profit) each year or $3.54 on an earnings per share basis.

How many employees does Tennant have?

The company employs 4,299 workers across the globe.

How can I contact Tennant?

Tennant's mailing address is 701 NORTH LILAC DRIVE PO BOX 1452, MINNEAPOLIS MN, 55440. The official website for the company is www.tennantco.com. The industrial products company can be reached via phone at (763) 540-1200, via email at william.prate@tennantco.com, or via fax at 763-513-2142.

This page (NYSE:TNC) was last updated on 4/1/2023 by MarketBeat.com Staff