Tennant Company (TNC)

NYSE: TNC · IEX Real-Time Price · USD
117.31
-1.24 (-1.05%)
Apr 24, 2024, 4:00 PM EDT - Market closed
-1.05%
Market Cap 2.23B
Revenue (ttm) 1.24B
Net Income (ttm) 109.50M
Shares Out 19.01M
EPS (ttm) 5.83
PE Ratio 20.12
Forward PE 17.99
Dividend $1.12 (0.95%)
Ex-Dividend Date Feb 28, 2024
Volume 89,768
Open 118.01
Previous Close 118.55
Day's Range 116.70 - 119.71
52-Week Range 64.88 - 124.11
Beta 1.09
Analysts Strong Buy
Price Target 120.00 (+2.29%)
Earnings Date May 3, 2024

About TNC

Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and asset management solutions. It provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-mach... [Read more]

Sector Industrials
Founded 1870
Employees 4,457
Stock Exchange NYSE
Ticker Symbol TNC
Full Company Profile

Financial Performance

In 2023, TNC's revenue was $1.24 billion, an increase of 13.86% compared to the previous year's $1.09 billion. Earnings were $109.50 million, an increase of 65.16%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for TNC stock is "Strong Buy." The 12-month stock price forecast is $120.0, which is an increase of 2.29% from the latest price.

Price Target
$120.0
(2.29% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Tennant Company to Report First Quarter 2024 Results on May 3, 2024

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its first quarter 2024 financial results before the market opens on Friday, May 3, 2024, with a c...

2 days ago - Business Wire

Tennant Company to Host Investor Day on May 13, 2024

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant” or the “Company”) (NYSE: TNC) today announced that it will host an Investor Day with financial analysts and institutional investors on Monday, ...

5 weeks ago - Business Wire

Tennant Company Acquires Long-Time Distributor of Tennant Equipment to Accelerate Growth in the Central & Eastern Europe Region

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing, and marketing solutions that help create a cleaner, safer, healthier world, today announced that ...

7 weeks ago - Business Wire

10 stocks you can bet on being inflation-proof

New research shows that “quality” stocks — companies with high operating profitability but which are out of favor on Wall Street — are the type of stocks most likely to do well if inflation heats up. ...

Other symbols: AMCWCXWHCCINVAOTTRPCAR
2 months ago - Market Watch

Tennant Company Reports Record 2023 Fourth-Quarter and Full-Year Results

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant” or the “Company”) (NYSE: TNC) today reported its fourth-quarter and full-year financial results for 2023. (In millions, except per share data) ...

2 months ago - Business Wire

Tennant Company and Brain Corp Sign Exclusive Technology Agreement To Accelerate Robotic Floor Cleaning Innovation and Adoption

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in the design, manufacturing, and marketing of solutions to reinvent how the world cleans, and Brain Corp, a leading autonomou...

2 months ago - Business Wire

Tennant Company Declares Regular Quarterly Cash Dividend

MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of $0.28 per share payable March 15, 2024, to shareholders of record at the clos...

2 months ago - Business Wire

Tennant Company Recognizes K-12 Custodians, Announcing Top 12 Finalists in Fifth Annual Custodians Are Key Campaign

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, today announced the finalists in its fi...

2 months ago - Business Wire

Tennant Company to Report Fourth Quarter and Full-Year Fiscal 2023 Results on February 22, 2024

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its fourth quarter and full-year fiscal 2023 financial results before the market opens on Thursda...

2 months ago - Business Wire

Tennant Company Unveils New T1581 Ride-on Scrubber Designed for Cleaning in Industrial Settings

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a global leader in cleaning equipment and solutions, introduces the T1581 Ride-on Scrubber—a medium-sized floor cleaning machine designed to ...

3 months ago - Business Wire

Tennant Company Appoints Brock Christianson as Senior Vice President, Chief Human Resources Officer

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant”) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today an...

5 months ago - Business Wire

Tennant Company Reports Third Quarter 2023 Results

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended September 30, 2023. (In millions, except per share dat...

6 months ago - Business Wire

Tennant Company Increases Dividend

MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Tennant Company (NYSE: TNC) today authorized to raise the quarterly cash dividend to $0.28 per share, a 5.7% increase. The increased dividend is...

6 months ago - Business Wire

Tennant Company to Report Third Quarter Fiscal 2023 Results on October 31, 2023

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its third quarter fiscal year 2023 financial results before the market opens on Tuesday, October ...

6 months ago - Business Wire

Tennant Company Adds Two More Scrubbers to Growing Product Fleet

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in cleaning equipment and solutions, unveiled today two additional products to its line of walk-behind floor scrubbers — the T...

7 months ago - Business Wire

Tennant Company Publishes 2023 (FY22) Sustainability Report

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC), a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, has releas...

8 months ago - Business Wire

Tennant Company Reports 2023 Second Quarter Results

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the second quarter ended June 30, 2023. (In millions, except per share d...

9 months ago - Business Wire

Tennant Company to Webcast Second Quarter 2023 Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) announced today that the company will report its 2023 second quarter results on Friday, August 4, 2023. The company will conduct a conference ...

9 months ago - Business Wire

Tennant Company Announces Winner of $15,000 Custodians Are Key Prize

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing and marketing solutions to reinvent how the world cleans, today announced the grand prize winner i...

1 year ago - Business Wire

Tennant Company Reports 2023 First Quarter Results

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant” or the “Company”) (NYSE: TNC), a global leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and heal...

1 year ago - Business Wire

Tennant Company Introduces Two New Compact Ride-on Sweepers To Floor Cleaning Portfolio

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing and marketing solutions to reinvent how the world cleans, today announced two new, compact additio...

1 year ago - Business Wire

Tennant Company Announces Net-Zero Greenhouse Gas Emissions Goals

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a worldwide leader in the design, manufacture, and marketing of solutions to reinvent how the world cleans, today announced an ambitious plan...

1 year ago - Business Wire

Tennant Company to Webcast First Quarter 2023 Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) announced today that the company will report its 2023 first quarter results on Friday, April 28, 2023. The company will conduct a conference c...

1 year ago - Business Wire

Tennant Company Mechanizes the Mop with Enhanced i-mop® Walk-Behind Scrubbers Portfolio

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing and marketing solutions to reinvent how the world cleans, today announced its full i-mop® portfoli...

1 year ago - Business Wire

Tennant Company Expands Ride-on Scrubber Portfolio with Introduction of Two New Scrubbers

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing and marketing solutions to reinvent how the world cleans, today announced the two newest additions...

1 year ago - Business Wire