Tennant (NYSE:TNC) Issues FY 2026 Earnings Guidance

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

Tennant Price Performance

Shares of NYSE TNC opened at $73.13 on Thursday. Tennant has a fifty-two week low of $60.17 and a fifty-two week high of $91.93. The company has a market cap of $1.25 billion, a PE ratio of 54.58, a P/E/G ratio of 2.61 and a beta of 1.14. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.37 and a current ratio of 2.18. The business has a 50-day simple moving average of $67.84 and a two-hundred day simple moving average of $75.82.

Tennant (NYSE:TNC) last posted its quarterly earnings data on Monday, November 2nd. The industrial products company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.42. The firm had revenue of $322.30 million for the quarter, compared to the consensus estimate of $330.75 million. Tennant had a net margin of 1.85% and a return on equity of 13.30%. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.46 earnings per share. As a group, equities analysts expect that Tennant will post 3.95 EPS for the current fiscal year.

Tennant Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be given a dividend of $0.3250 per share. The ex-dividend date of this dividend is Monday, November 30th. This represents a $1.30 annualized dividend and a yield of 1.8%. This is a boost from Tennant’s previous quarterly dividend of $0.31. Tennant’s payout ratio is presently 121.57%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Wall Street Zen cut shares of Tennant from a “buy” rating to a “hold” rating in a 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 lowered shares of Tennant from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, September 11th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $91.00.

Insider Transactions at Tennant

In other news, Director Donal Mulligan acquired 8,000 shares of Tennant stock in a transaction dated Wednesday, August 12th. The stock was purchased at an average cost of $67.34 per share, for a total transaction of $538,720.00. Following the completion of the purchase, the director directly owned 16,000 shares in the company, valued at $1,077,440. This trade represents a 100.00% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Patrick Allen bought 3,000 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were purchased at an average cost of $69.42 per share, with a total value of $208,260.00. Following the acquisition, the director directly owned 4,927 shares of the company’s stock, valued at approximately $342,032.34. This trade represents a 155.68% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought a total of 12,500 shares of company stock worth $849,250 over the last three months. 3.50% of the stock is currently owned by insiders.

Key Stories Impacting Tennant

Here are the key news stories impacting Tennant this week:

• Positive Sentiment: Q3 EPS was $1.40, beating the $0.98 consensus estimate. The company also reported 6.3% year-over-year revenue growth. Tennant Q3 earnings flash
• Positive Sentiment: Management’s 2026 EPS guidance of $3.80–$4.45 has a midpoint above the $3.85 analyst consensus, although the bottom of the range is slightly below it. Revenue guidance of $1.3 billion is in line with expectations. TNC Q3 deep dive
• Positive Sentiment: Tennant raised its quarterly dividend 4.8%, from $0.31 to $0.325 per share, signaling continued commitment to shareholder returns. Tennant dividend increase
• Neutral Sentiment: Robotics momentum and progress on the ERP system were cited as drivers of margin recovery, but the available report summary does not quantify their expected financial contribution. TNC Q3 deep dive
• Negative Sentiment: Q3 revenue of $322.3 million came in below analysts’ $330.75 million estimate, tempering the strong EPS beat. Tennant misses Q3 revenue estimates

Tennant Company Profile

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.