Tennant (NYSE:TNC – Get Free Report) is anticipated to issue its Q3 2026 results after the market closes on Monday, November 2nd. Analysts expect the company to announce earnings of $0.98 per share and revenue of $330.75 million for the quarter. Tennant has set its FY 2026 guidance at 3.800-4.450 EPS. Individuals are encouraged to explore the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 10:00 AM ET.
Tennant (NYSE:TNC – Get Free Report) last announced its earnings results on Wednesday, August 5th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.33 by ($0.50). Tennant had a net margin of 1.50% and a return on equity of 13.32%. The business had revenue of $324.00 million for the quarter, compared to analysts’ expectations of $329.55 million. During the same quarter in the prior year, the company posted $1.49 earnings per share. The firm’s quarterly revenue was up 1.7% compared to the same quarter last year. On average, analysts expect Tennant to post $3.84 EPS for the current fiscal year and $5.66 EPS for the next fiscal year.
Tennant Stock Up 0.1%
Shares of NYSE:TNC opened at $66.36 on Monday. The company has a current ratio of 2.04, a quick ratio of 1.37 and a debt-to-equity ratio of 0.67. Tennant has a 12 month low of $60.17 and a 12 month high of $91.93. The company has a 50-day moving average price of $67.92 and a 200 day moving average price of $78.03. The company has a market cap of $1.13 billion, a price-to-earnings ratio of 65.05, a PEG ratio of 2.46 and a beta of 1.15.
Tennant Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a $1.24 annualized dividend and a dividend yield of 1.9%. Tennant’s payout ratio is currently 121.57%.
Insiders Place Their Bets
In other news, Director Patrick Allen purchased 3,000 shares of the company’s stock in a transaction dated Monday, August 31st. The shares were acquired at an average price of $69.42 per share, with a total value of $208,260.00. Following the transaction, the director owned 4,927 shares of the company’s stock, valued at $342,032.34. This represents a 155.68% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Donal Mulligan purchased 8,000 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were purchased at an average price of $67.34 per share, for a total transaction of $538,720.00. Following the purchase, the director owned 16,000 shares of the company’s stock, valued at approximately $1,077,440. This trade represents a 100.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders bought 12,500 shares of company stock worth $849,250. 3.50% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on TNC shares. Wall Street Zen downgraded Tennant from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Zacks Research downgraded shares of Tennant from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, August 10th. Finally, Weiss Ratings downgraded shares of Tennant from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, September 11th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $91.00.
View Our Latest Stock Analysis on TNC
About Tennant
Tennant Company is a manufacturer of cleaning equipment and technologies for commercial, industrial and institutional customers. Its product portfolio includes floor scrubbers, sweepers, combination machines, carpet extractors, outdoor cleaning equipment and related vacuum systems. The company also offers cleaning solutions, replacement parts, maintenance programs and other services designed to support facility-management operations.
Tennant develops technology aimed at improving cleaning efficiency and reducing environmental impact.
Read More
- Five stocks we like better than Tennant
- Newmont’s Record Quarter Shows Why Gold’s Floor Is the Real Story
- Albemarle Upgrade: Can Energy Storage Recharge Lithium’s Leader?
- Consumer Staples Are Up 12% This Year—These 3 Beverage Stocks Are Leading the Way
- Can Planet Fitness Get Its Growth Back in Shape?
Receive News & Ratings for Tennant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tennant and related companies with MarketBeat.com's FREE daily email newsletter.
