Tennant (NYSE:TNC) Issues FY 2026 Earnings Guidance

Tennant (NYSE:TNC) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share 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 Trading Up 5.1%

Shares of NYSE:TNC opened at $72.24 on Wednesday. The stock has a market capitalization of $1.23 billion, a PE ratio of 53.91, a P/E/G ratio of 2.56 and a beta of 1.14. The firm has a fifty day moving average price of $67.78 and a 200 day moving average price of $75.86. Tennant has a 1 year low of $60.17 and a 1 year high of $91.93. 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 (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, beating analysts’ consensus estimates of $0.98 by $0.42. Tennant had a return on equity of 13.25% and a net margin of 1.85%. The business had revenue of $322.30 million for the quarter, compared to the consensus estimate of $330.75 million. During the same period last year, the business earned $1.46 EPS. The firm’s revenue was up 6.3% compared to the same quarter last year. Analysts expect that Tennant will post 3.84 EPS for the current fiscal year.

Tennant Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors 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 dividend 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%.

Analyst Ratings Changes

A number of brokerages have weighed in on TNC. Wall Street Zen downgraded 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 downgraded shares of Tennant from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, September 11th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $91.00.

Insiders Place Their Bets

In related news, Director Timothy Morse purchased 1,500 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were purchased at an average price of $68.18 per share, with a total value of $102,270.00. Following the completion of the purchase, the director owned 10,614 shares in the company, valued at $723,662.52. This represents a 16.46% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Donal Mulligan acquired 8,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was bought at an average cost of $67.34 per share, for a total transaction of $538,720.00. Following the completion of the transaction, the director directly owned 16,000 shares in the company, valued at $1,077,440. This represents a 100.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have purchased 12,500 shares of company stock worth $849,250. Company insiders own 3.50% of the company’s stock.

Trending Headlines about Tennant

Here are the key news stories impacting Tennant this week:

• Positive Sentiment: Q3 adjusted EPS was $1.40, well above analysts’ roughly $0.98 estimate. Sales rose 6.2% year over year to $322.3 million, and reported net income increased to $19.5 million from $14.9 million a year earlier. Tennant Company Reports Third Quarter 2026 Results
• Positive Sentiment: Tennant raised its 2026 EPS guidance to $3.80–$4.45; the midpoint is above the current $3.85 consensus estimate. Its roughly $1.3 billion revenue outlook is in line with consensus. TNC Q3 deep dive
• Positive Sentiment: The company raised its quarterly dividend to $0.325 per share, about a 5% increase, extending its record of consecutive annual dividend increases to 55 years. Tennant Company Increases Dividend
• Neutral Sentiment: The earnings-call coverage highlighted robotics momentum and progress on the ERP rollout as factors supporting margin recovery; these initiatives may help performance, though execution remains important. Tennant Company Q3 2026 Earnings Call Transcript
• Negative Sentiment: Quarterly revenue of $322.3 million missed the approximately $330.8 million estimate. EPS was also below the $1.46 reported in the year-ago quarter, tempering the strong comparison with analyst expectations. Tennant misses Q3 2026 revenue estimates

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.