Mohawk Industries (MHK) Expected to Release Earnings on Thursday

Mohawk Industries (NYSE:MHKGet Free Report) is expected to be posting its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $2.57 per share and revenue of $2.7863 billion for the quarter. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. Individuals can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, July 31, 2026 at 11:00 AM ET.

Mohawk Industries (NYSE:MHKGet Free Report) last announced its earnings results on Thursday, April 30th. The company reported $1.90 EPS for the quarter, topping the consensus estimate of $1.80 by $0.10. The business had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.74 billion. Mohawk Industries had a net margin of 3.77% and a return on equity of 6.96%. Mohawk Industries’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.52 EPS. On average, analysts expect Mohawk Industries to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Mohawk Industries Stock Up 1.0%

Mohawk Industries stock opened at $116.81 on Wednesday. The stock has a market cap of $7.12 billion, a P/E ratio of 17.51, a P/E/G ratio of 2.87 and a beta of 1.18. The company has a quick ratio of 1.23, a current ratio of 2.16 and a debt-to-equity ratio of 0.21. Mohawk Industries has a twelve month low of $92.99 and a twelve month high of $143.13. The company’s 50-day moving average price is $110.25 and its two-hundred day moving average price is $111.36.

Analyst Ratings Changes

Several equities analysts have recently commented on MHK shares. Truist Financial decreased their target price on Mohawk Industries from $155.00 to $135.00 and set a “buy” rating on the stock in a research report on Tuesday, May 5th. JPMorgan Chase & Co. dropped their price target on Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Weiss Ratings raised Mohawk Industries from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd. Robert W. Baird reduced their price target on Mohawk Industries from $118.00 to $112.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Finally, Barclays upped their price objective on Mohawk Industries from $96.00 to $109.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $124.42.

Get Our Latest Report on MHK

Insider Activity at Mohawk Industries

In related news, CEO Jeffrey S. Lorberbaum sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $105.53, for a total value of $527,650.00. Following the completion of the sale, the chief executive officer directly owned 25,000 shares in the company, valued at approximately $2,638,250. The trade was a 16.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Suzanne L. Helen sold 16,600 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $112.97, for a total value of $1,875,302.00. Following the sale, the insider directly owned 14,132 shares in the company, valued at $1,596,492.04. This represents a 54.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 40,186 shares of company stock worth $4,460,321 over the last ninety days. Insiders own 17.90% of the company’s stock.

Institutional Trading of Mohawk Industries

A number of institutional investors have recently modified their holdings of MHK. Global Retirement Partners LLC increased its position in shares of Mohawk Industries by 950.0% in the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock worth $28,000 after purchasing an additional 228 shares during the period. Transamerica Financial Advisors LLC lifted its position in Mohawk Industries by 216.1% during the fourth quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock worth $30,000 after purchasing an additional 188 shares during the period. Danske Bank A S bought a new stake in Mohawk Industries during the third quarter worth about $52,000. Parallel Advisors LLC grew its stake in Mohawk Industries by 56.5% during the fourth quarter. Parallel Advisors LLC now owns 507 shares of the company’s stock worth $55,000 after buying an additional 183 shares in the last quarter. Finally, Colonial Trust Co SC increased its holdings in Mohawk Industries by 1,364.9% in the 4th quarter. Colonial Trust Co SC now owns 542 shares of the company’s stock valued at $59,000 after buying an additional 505 shares during the period. 78.98% of the stock is currently owned by institutional investors.

Mohawk Industries Company Profile

(Get Free Report)

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 for Mohawk Industries (NYSE:MHK)

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