Recently, low-rank representation (LRR) methods have been widely applied for hyperspectral anomaly detection, due to their potentials in separating the backgrounds and anomalies. However, existing LRR models generally convert 3-D hyperspectral images (HSIs) into 2-D matrices, inevitably leading to the destruction of intrinsic 3-D structure properties in HSIs. To this end, we propose a novel tensor low-rank and sparse representation (TLRSR) method for hyperspectral anomaly detection. A 3-D TLR model is expanded to separate the LR background part represented by a tensorial background dictionary and corresponding coefficients. This representation characterizes the multiple subspace property of the complex LR background. Based on the weighted tensor nuclear norm and the LF,1 sparse norm, a dictionary is designed to make its atoms more relevant to the background. Moreover, a principal component analysis (PCA) method can be assigned as one preprocessing step to exact a subset of HSI bands, retaining enough the HSI object information and reducing computational time of the postprocessing tensorial operations. The proposed model is efficiently solved by the well-designed alternating direction method of multipliers (ADMMs). A comparison with the existing algorithms via experiments establishes the competitiveness of the proposed method with the state-of-the-art competitors in the hyperspectral anomaly detection task.