Tennant (TNC) Stock Price, News & Analysis

Company Overview

Tennant Company designs, manufactures and markets equipment and solutions for commercial and industrial cleaning. Its products include floor scrubbers and sweepers, vacuum cleaners, carpet extractors and autonomous cleaning machines, along with cleaning technologies, replacement parts and related services.

The company serves customers in sectors such as manufacturing, healthcare, retail, education and transportation. Its offerings support both routine facility maintenance and specialized cleaning needs, and Tennant sells and services its products in markets around the world.

Founded in 1870 in Minneapolis, Minnesota, Tennant began as a woodworking business before expanding into floor-cleaning equipment. The company is headquartered in Eden Prairie, Minnesota.

Key Stats

• Today's Range: $73.99 to $76.51
• 50-Day Range: $64.72 to $76.50
• 52-Week Range: $60.17 to $91.93
• Volume: 12,635 shs
• Average Volume: 210,695 shs
• Market Capitalization: $1.28 billion
• P/E Ratio: 55.77
• Dividend Yield: 1.65%
• Price Target: $87.00
• Consensus Rating: Hold

Tennant Stock Analysis - MarketRank™

Tennant scored higher than 93% of companies evaluated by MarketBeat, and ranked 160th out of 656 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Tennant has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on no strong buy ratings, 2 buy ratings, 3 hold ratings, and no sell ratings.

Upside Potential

Tennant has a consensus price target of $87.00, representing about 16.0% upside from its current price of $75.01.

Amount of Analyst Coverage

Tennant has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 34.24%

Earnings Growth

Earnings for Tennant are expected to grow by 34.24% in the coming year, from $4.06 to $5.45 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Tennant is 18.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.74.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tennant is 18.16, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 31.91.

Price to Earnings Growth Ratio

Tennant has a PEG Ratio of 2.69. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Tennant has a P/B Ratio of 2.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.08% of the float of Tennant has been sold short.

Short Interest Ratio / Days to Cover

Tennant has a short interest ratio ("days to cover") of 8.34.

Change versus previous month

Short interest in Tennant has recently decreased by 1.60%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Tennant pays a meaningful dividend of 1.63%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Tennant has been increasing its dividend for 53 years.

Dividend Coverage

The dividend payout ratio of Tennant is 92.54%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Tennant will have a dividend payout ratio of 22.75% next year. This indicates that Tennant will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.31

News Sentiment

Tennant has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Tennant this week, compared to 6 articles on an average week.

Company Ownership

• Score: 3.7 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net $208,260.00 in company stock, which represents 0.0163% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Tennant insiders have bought more of their company's stock than they have sold. Specifically, they have bought $208,260.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

3.50% of the stock of Tennant is held by insiders.

Percentage Held by Institutions

93.33% of the stock of Tennant is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 9/15 Dividend: 8/31/2026
• Ex-Dividend for 9/15 Dividend: 8/31/2026
• Dividend Payable: 9/15/2026
• Last Earnings: 11/02/2026
• Today: 11/13/2026
• Record date for 12/15 Dividend: 11/30/2026
• Ex-Dividend for 12/15 Dividend: 11/30/2026
• Dividend Payable: 12/15/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Machinery
• Sub-Industry: Industrial Machinery & Supplies & Components
• Current Symbol: NYSE:TNC
• CIK: 97134
• Web: www.tennantco.com
• Phone: (763) 540-1200
• Fax: 763-513-2142
• Employees: 4,484
• Year Founded: 1870

Price Target and Rating

• Average Price Target for Tennant: $87.00
• High Price Target: $91.00
• Low Price Target: $85.00
• Potential Upside/Downside: +16.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.34
• Trailing P/E Ratio: 55.65
• Forward P/E Ratio: 13.68
• P/E Growth: 2.69
• Net Income: $43.80 million
• Net Margins: 1.85%
• Pretax Margin: 2.52%
• Return on Equity: 13.30%
• Return on Assets: 5.78%

Debt

• Debt-to-Equity Ratio: 0.65
• Current Ratio: 2.18
• Quick Ratio: 1.46

Sales & Book Value

• Annual Sales: $1.20 billion
• Price / Sales: 1.05
• Cash Flow: $8.79 per share
• Price / Cash Flow: 8.48
• Book Value: $32.35 per share
• Price / Book: 2.31

Miscellaneous

• Outstanding Shares: 17,010,000
• Free Float: 16,415,000
• Market Cap: $1.27 billion
• Optionable: Optionable
• Beta: 1.14