Research Analysts Issue Forecasts for Tennant Q1 Earnings

Tennant Company (NYSE:TNC) – Equities research analysts at Sidoti dropped their Q1 2026 earnings per share (EPS) estimates for shares of Tennant in a research report issued on Wednesday, February 25th. Sidoti analyst S. Ferazani now forecasts that the industrial products company will post earnings per share of $0.41 for the quarter, down from their prior estimate of $1.30. The consensus estimate for Tennant’s current full-year earnings is $5.89 per share. Sidoti also issued estimates for Tennant’s Q2 2026 earnings at $1.13 EPS, FY2026 earnings at $4.81 EPS, Q1 2027 earnings at $1.28 EPS, Q2 2027 earnings at $1.68 EPS and FY2027 earnings at $6.42 EPS.

TNC has been the topic of several other reports. Weiss Ratings reissued a “hold (c)” rating on shares of Tennant in a research report on Monday, December 29th. Roth Mkm reaffirmed a “buy” rating and issued a $91.00 target price (down from $107.00) on shares of Tennant in a research report on Wednesday. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Tennant has an average rating of “Hold” and an average price target of $91.00.

Tennant Stock Performance

Shares of TNC stock opened at $60.93 on Friday. Tennant has a 12 month low of $60.31 and a 12 month high of $87.72. The company’s fifty day simple moving average is $77.13 and its 200-day simple moving average is $78.10. The firm has a market cap of $1.09 billion, a PE ratio of 26.04, a P/E/G ratio of 1.85 and a beta of 1.05. The company has a quick ratio of 1.39, a current ratio of 2.05 and a debt-to-equity ratio of 0.45.

Hedge Funds Weigh In On Tennant

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Salomon & Ludwin LLC bought a new stake in Tennant in the third quarter valued at approximately $28,000. CoreCap Advisors LLC acquired a new position in shares of Tennant during the 3rd quarter worth approximately $30,000. Hantz Financial Services Inc. raised its stake in Tennant by 85.1% in the 4th quarter. Hantz Financial Services Inc. now owns 385 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 177 shares during the period. UMB Bank n.a. lifted its holdings in Tennant by 1,778.6% during the 4th quarter. UMB Bank n.a. now owns 526 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 498 shares during the last quarter. Finally, Whittier Trust Co. acquired a new stake in Tennant during the 3rd quarter valued at $74,000. Institutional investors own 93.33% of the company’s stock.

Tennant Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, February 27th. Tennant’s dividend payout ratio is presently 52.99%.

Key Headlines Impacting Tennant

Here are the key news stories impacting Tennant this week:

• Positive Sentiment: Roth MKM reiterated a Buy rating on Tennant, which provides a supportive broker view for longer-term holders. Roth MKM Reiterates Buy Rating for Tennant
• Neutral Sentiment: Market commentary is reassessing Tennant’s valuation after weaker share performance; this frames current moves as part fundamentals review rather than a single catalyst. Assessing Tennant’s Valuation
• Negative Sentiment: Sidoti sharply cut EPS forecasts across multiple quarters and years (examples: Q1 2026 cut from $1.30 to $0.41; Q2 2026 cut from $1.71 to $1.13; FY2026 cut from $6.39 to $4.81; FY2027 cut from $7.37 to $6.42). These downward revisions signal weaker near-term profitability expectations and are a primary driver of bearish sentiment. MarketBeat – Tennant Analyst Reports
• Negative Sentiment: Multiple law firms have announced securities‑fraud investigations into Tennant, alleging possible misstatements in financials/operations; such probes raise legal, disclosure and reputational risk and often weigh on stock performance until resolved. BusinessWire – Securities Fraud Investigation Announced PR Newswire – Pomerantz Investigation

About Tennant

Tennant Company is a global provider of solutions that help keep facilities clean, safe and sustainable. The company designs, manufactures and markets a broad range of cleaning machines, chemicals and service programs that address the cleaning needs of customers in diverse industries, including manufacturing, warehousing, food and beverage, healthcare and education. Tennant’s product portfolio encompasses both ride-on and walk-behind floor scrubbers and sweepers, carpet extractors, power brushes, pressure washers and autonomous cleaning machines.

Founded in 1870 and headquartered in Minneapolis, Minnesota, Tennant has grown from a regional manufacturer into a multinational organization with operations in more than 70 countries and sales representation in over 100 markets worldwide.