Zacks Research Issues Positive Estimate for MHK Earnings

Mohawk Industries, Inc. (NYSE:MHK) – Investment analysts at Zacks Research lifted their Q1 2026 earnings estimates for Mohawk Industries in a research report issued to clients and investors on Thursday, November 13th. Zacks Research analyst Team now expects that the company will post earnings per share of $1.94 for the quarter, up from their prior estimate of $1.88. The consensus estimate for Mohawk Industries’ current full-year earnings is $9.80 per share. Zacks Research also issued estimates for Mohawk Industries’ Q2 2026 earnings at $3.03 EPS and Q3 2027 earnings at $3.35 EPS.

Mohawk Industries (NYSE:MHK) last announced its earnings results on Thursday, October 23rd. The company reported $2.67 EPS for the quarter, missing analysts’ consensus estimates of $2.68 by ($0.01). The business had revenue of $2.76 billion for the quarter, compared to analysts’ expectations of $2.73 billion. Mohawk Industries had a net margin of 3.93% and a return on equity of 6.97%. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.90 earnings per share. Mohawk Industries has set its Q4 2025 guidance at 1.900-2.000 EPS.

MHK has been the subject of several other research reports. JPMorgan Chase & Co. boosted their price target on Mohawk Industries from $139.00 to $140.00 and gave the company an “overweight” rating in a report on Tuesday, July 29th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $123.00 price objective (up from $119.00) on shares of Mohawk Industries in a research note on Monday, July 28th. Barclays reduced their target price on shares of Mohawk Industries from $125.00 to $122.00 and set an “equal weight” rating for the company in a report on Monday, October 27th. Evercore ISI set a $124.00 price target on shares of Mohawk Industries in a report on Monday, October 27th. Finally, Wells Fargo & Company reissued a “neutral” rating and issued a $130.00 price objective on shares of Mohawk Industries in a research note on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $138.46.

Mohawk Industries Trading Up 0.1%

NYSE:MHK opened at $104.05 on Monday. Mohawk Industries has a one year low of $96.24 and a one year high of $146.93. The business has a fifty day moving average price of $122.31 and a 200-day moving average price of $116.52. The firm has a market capitalization of $6.43 billion, a price-to-earnings ratio of 15.48, a price-to-earnings-growth ratio of 2.38 and a beta of 1.31. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.25 and a quick ratio of 1.24.

Insiders Place Their Bets

In other Mohawk Industries news, insider Suzanne L. Helen sold 2,200 shares of Mohawk Industries stock in a transaction on Friday, September 12th. The shares were sold at an average price of $137.19, for a total value of $301,818.00. Following the sale, the insider directly owned 85,493 shares in the company, valued at approximately $11,728,784.67. The trade was a 2.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 7,206 shares of company stock worth $900,089 over the last three months. Company insiders own 17.40% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in shares of Mohawk Industries by 12.8% in the first quarter. JPMorgan Chase & Co. now owns 3,626,004 shares of the company’s stock worth $414,017,000 after buying an additional 410,388 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Mohawk Industries by 1.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,085,012 shares of the company’s stock worth $397,714,000 after acquiring an additional 37,487 shares in the last quarter. Invesco Ltd. boosted its position in shares of Mohawk Industries by 7.4% during the 2nd quarter. Invesco Ltd. now owns 1,957,197 shares of the company’s stock valued at $205,192,000 after acquiring an additional 135,246 shares during the last quarter. State Street Corp grew its holdings in shares of Mohawk Industries by 2.1% in the second quarter. State Street Corp now owns 1,915,831 shares of the company’s stock valued at $200,856,000 after purchasing an additional 39,556 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its position in Mohawk Industries by 0.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,829,830 shares of the company’s stock worth $235,902,000 after purchasing an additional 9,516 shares during the last quarter. Hedge funds and other institutional investors own 78.98% of the company’s stock.

About Mohawk Industries

Mohawk Industries, Inc designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World.