Zacks Research Expects Higher Earnings for Mohawk Industries

Mohawk Industries, Inc. (NYSE:MHKFree Report) – Research analysts at Zacks Research raised their FY2026 earnings per share estimates for Mohawk Industries in a note issued to investors on Thursday, August 20th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $9.81 for the year, up from their prior estimate of $8.77. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Mohawk Industries’ current full-year earnings is $9.90 per share. Zacks Research also issued estimates for Mohawk Industries’ Q4 2027 earnings at $2.22 EPS.

Mohawk Industries (NYSE:MHKGet Free Report) last released its earnings results on Thursday, July 30th. The company reported $3.67 EPS for the quarter, beating the consensus estimate of $2.58 by $1.09. The firm had revenue of $2.99 billion for the quarter, compared to analysts’ expectations of $2.79 billion. Mohawk Industries had a return on equity of 7.50% and a net margin of 4.15%.The business’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.77 EPS. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS.

A number of other research analysts also recently weighed in on the stock. Evercore set a $110.00 target price on shares of Mohawk Industries in a research report on Monday, May 4th. Barclays boosted their price target on shares of Mohawk Industries from $109.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $121.00 price objective on shares of Mohawk Industries in a report on Tuesday, August 4th. Truist Financial lifted their target price on Mohawk Industries from $135.00 to $155.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Finally, JPMorgan Chase & Co. dropped their target price on Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, Mohawk Industries has an average rating of “Hold” and an average price target of $130.50.

View Our Latest Stock Analysis on Mohawk Industries

Mohawk Industries Price Performance

NYSE MHK opened at $134.17 on Monday. The firm’s 50 day moving average is $120.80 and its 200-day moving average is $112.98. The company has a quick ratio of 1.13, a current ratio of 1.92 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $9.09 billion, a PE ratio of 17.77, a price-to-earnings-growth ratio of 1.97 and a beta of 1.18. Mohawk Industries has a 12-month low of $92.99 and a 12-month high of $143.13.

Institutional Trading of Mohawk Industries

A number of hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System grew its stake in Mohawk Industries by 11,690.0% in the 2nd quarter. California State Teachers Retirement System now owns 7,215,980 shares of the company’s stock valued at $875,515,000 after buying an additional 7,154,776 shares during the last quarter. Wedmont Private Capital boosted its holdings in shares of Mohawk Industries by 20.5% during the second quarter. Wedmont Private Capital now owns 2,763 shares of the company’s stock worth $335,000 after acquiring an additional 470 shares during the period. Syon Capital LLC acquired a new position in shares of Mohawk Industries in the second quarter valued at approximately $234,000. iSAM Funds UK Ltd acquired a new position in shares of Mohawk Industries in the second quarter valued at approximately $328,000. Finally, Nykredit A S bought a new position in shares of Mohawk Industries during the second quarter worth approximately $207,000. Institutional investors and hedge funds own 78.98% of the company’s stock.

Insiders Place Their Bets

In related news, insider Suzanne L. Helen sold 16,600 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $112.97, for a total transaction of $1,875,302.00. Following the transaction, the insider directly owned 14,132 shares of the company’s stock, valued at approximately $1,596,492.04. The trade was a 54.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bernard Thiers sold 13,393 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $134.98, for a total value of $1,807,787.14. Following the sale, the director directly owned 93,633 shares of the company’s stock, valued at $12,638,582.34. This represents a 12.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 120,882 shares of company stock valued at $15,131,598 over the last 90 days. 17.90% of the stock is currently owned by insiders.

About Mohawk Industries

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Mohawk Industries, Inc is a global flooring manufacturer that designs, produces and distributes a broad range of floor covering products for both residential and commercial applications. Headquartered in Calhoun, Georgia, the company traces its roots to 1878 and has expanded through a series of strategic acquisitions and organic growth initiatives. Over the decades, Mohawk has built a vertically integrated platform encompassing yarn manufacturing, fiber production, wood and laminate finishing, and ceramic tile fabrication, enabling tight control over product quality and supply chain efficiency.

The company’s product portfolio includes residential and commercial carpet, ceramic and porcelain tile, laminate, wood and natural stone flooring, luxury vinyl, and innovative surface solutions.

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Earnings History and Estimates for Mohawk Industries (NYSE:MHK)

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