Mohawk Industries (MHK) Projected to Release Earnings on Thursday

Mohawk Industries (NYSE:MHK) is expected to issue its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to post earnings of $2.58 per share and revenue of $2.82 billion for the quarter. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. Investors may review the information on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Friday, October 30, 2026 at 11:00 AM ET.

Mohawk Industries (NYSE:MHK) last released its earnings results on Thursday, July 30th. The company reported $3.67 earnings per share for the quarter, beating analysts’ consensus estimates of $2.58 by $1.09. Mohawk Industries had a return on equity of 7.50% and a net margin of 4.15%. The company had revenue of $2.99 billion during the quarter, compared to analyst estimates of $2.79 billion. During the same quarter in the previous year, the company posted $2.77 EPS. Mohawk Industries’s revenue for the quarter was up 6.8% on a year-over-year basis. On average, analysts expect Mohawk Industries to post $9.85 EPS for the current fiscal year and $9.95 EPS for the next fiscal year.

Mohawk Industries Price Performance

MHK opened at $123.35 on Tuesday. The stock’s 50 day simple moving average is $126.00 and its 200 day simple moving average is $116.25. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.92 and a quick ratio of 1.13. Mohawk Industries has a 1 year low of $92.99 and a 1 year high of $140.30. The firm has a market cap of $8.36 billion, a price-to-earnings ratio of 16.34, a PEG ratio of 1.78 and a beta of 1.16.

Insider Buying and Selling at Mohawk Industries

In other news, Director Bernard Thiers sold 13,393 shares of Mohawk Industries stock in a transaction that occurred on Wednesday, August 5th. The stock was 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 in the company, valued at approximately $12,638,582.34. This trade represents a 12.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Suzanne L. Helen sold 7,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $131.52, for a total value of $920,640.00. Following the transaction, the insider directly owned 7,132 shares in the company, valued at $938,000.64. This trade represents a 49.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 172,996 shares of company stock valued at $22,433,248 in the last 90 days. Insiders own 17.90% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on MHK shares. Barclays raised their target price on shares of Mohawk Industries from $109.00 to $115.00 and gave the stock an “equal weight” rating in a report on Monday, August 3rd. Truist Financial lifted their target price on shares of Mohawk Industries from $135.00 to $155.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $121.00 price target on shares of Mohawk Industries in a report on Tuesday, August 4th. Wells Fargo & Company increased their price target on shares of Mohawk Industries from $115.00 to $125.00 and gave the company an “equal weight” rating in a research report on Monday, August 3rd. Finally, Weiss Ratings raised shares of Mohawk Industries from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $133.75.

About Mohawk Industries

Mohawk Industries, Inc is a global manufacturer and distributor of flooring products. The company serves residential and commercial customers through products sold to retailers, distributors, builders, contractors and other industry professionals.

Its product portfolio includes carpet, rugs, ceramic and porcelain tile, hardwood flooring, laminate, luxury vinyl tile and other resilient flooring products. Mohawk markets products under a range of well-known brands, including Mohawk, Karastan, Pergo, Quick-Step, Marazzi, Daltile, American Olean and Durkan.

The company traces its origins to a carpet mill established in 1878 and is headquartered in Calhoun, Georgia.