Tennant (NYSE:TNC) Releases FY 2026 Earnings Guidance

Tennant (NYSE:TNC) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 3.800-4.450 for the period, compared to the consensus EPS estimate of 3.850. The company issued revenue guidance of $1.3 billion, compared to the consensus revenue estimate of $1.3 billion.

Tennant Stock Up 4.0%

TNC opened at $69.06 on Tuesday. Tennant has a fifty-two week low of $60.17 and a fifty-two week high of $91.93. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.37 and a current ratio of 2.04. The company has a fifty day moving average of $67.70 and a two-hundred day moving average of $75.88. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 67.71, a PEG ratio of 2.46 and a beta of 1.15.

Tennant (NYSE:TNC) last issued its quarterly earnings data on Monday, November 2nd. The industrial products company reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.42. Tennant had a net margin of 1.50% and a return on equity of 13.32%. The business had revenue of $322.30 million during the quarter, compared to the consensus estimate of $330.75 million. During the same quarter in the prior year, the firm posted $1.46 earnings per share. The company’s revenue was up 6.3% compared to the same quarter last year. On average, research analysts expect that Tennant will post 3.84 earnings per share for the current year.

Tennant Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be issued a $0.3250 dividend. This represents a $1.30 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, November 30th. This is a positive change from Tennant’s previous quarterly dividend of $0.31. Tennant’s payout ratio is currently 121.57%.

Analyst Ratings Changes

A number of equities analysts have issued reports on TNC shares. Weiss Ratings downgraded Tennant from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, September 11th. Zacks Research lowered Tennant from a “strong-buy” rating to a “strong sell” rating in a report on Monday, August 10th. Finally, Wall Street Zen cut Tennant from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $91.00.

Insider Buying and Selling at Tennant

In related news, Director Patrick Allen acquired 3,000 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were acquired at an average cost of $69.42 per share, with a total value of $208,260.00. Following the completion of the acquisition, the director directly owned 4,927 shares in the company, valued at approximately $342,032.34. This trade represents a 155.68% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Donal Mulligan bought 8,000 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was bought at an average price of $67.34 per share, for a total transaction of $538,720.00. Following the transaction, 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 ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 12,500 shares of company stock valued at $849,250 over the last ninety days. Corporate insiders own 3.50% of the company’s stock.

Key Tennant News

Here are the key news stories impacting Tennant this week:

• Positive Sentiment: Third-quarter adjusted EPS was $1.40, well above the FactSet consensus of $0.98 and the Zacks estimate of $0.93. The earnings beat is the primary positive catalyst for TNC stock. Earnings Flash: Tennant Company Posts Q3 Adjusted EPS
• Positive Sentiment: Revenue increased 6.2% year over year to $322.3 million, while quarterly net income rose 30.9% to $19.5 million from $14.9 million. Tennant Company Reports Third Quarter 2026 Results
• Positive Sentiment: Tennant raised its quarterly dividend to $0.325 per share from $0.31, representing roughly a 5% increase and a 1.9% indicated yield. The company has now increased its dividend for 55 consecutive years and paid dividends for 82 consecutive years. Tennant Company Increases Dividend
• Neutral Sentiment: The earnings beat came despite EPS declining from $1.46 in the year-ago quarter. Analysts currently expect approximately $3.84 in full-year EPS, making future earnings execution important given TNC’s elevated valuation.
• Negative Sentiment: Quarterly revenue of $322.3 million missed the $330.75 million consensus estimate, indicating that sales growth remains below expectations. Tennant Misses Q3 2026 Revenue Estimates
• Negative Sentiment: Net income for the first nine months fell 43.4% year over year to $27.3 million, despite nine-month sales increasing 3.5% to $944.2 million. This suggests ongoing pressure on cumulative profitability.

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.