Mohawk Industries (NYSE:MHK) Updates Q3 2026 Earnings Guidance

Mohawk Industries (NYSE:MHK) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 2.380-2.480 for the period, compared to the consensus EPS estimate of 2.400. The company issued revenue guidance of -.

Analysts Set New Price Targets

MHK has been the topic of several research reports. Deutsche Bank Aktiengesellschaft set a $109.00 price objective on shares of Mohawk Industries in a research report on Tuesday, May 5th. Weiss Ratings upgraded Mohawk Industries from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 23rd. Barclays lifted their price target on Mohawk Industries from $96.00 to $109.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 14th. Wall Street Zen upgraded Mohawk Industries from a “hold” rating to a “buy” rating in a report on Sunday, June 21st. Finally, Wells Fargo & Company reduced their price objective on Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $124.42.

Mohawk Industries Price Performance

Shares of NYSE:MHK opened at $122.98 on Friday. The stock has a market cap of $7.50 billion, a PE ratio of 16.29, a PEG ratio of 2.96 and a beta of 1.18. The company’s fifty day moving average is $111.26 and its 200 day moving average is $111.44. Mohawk Industries has a 52 week low of $92.99 and a 52 week high of $143.13. 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 (NYSE:MHK) last posted its quarterly earnings results on Thursday, July 30th. The company reported $3.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.58 by $1.09. Mohawk Industries had a net margin of 4.15% and a return on equity of 7.54%. The business had revenue of $2.99 billion during the quarter, compared to analyst estimates of $2.79 billion. During the same period in the prior year, the business posted $2.77 earnings per share. The company’s revenue was up 6.8% on a year-over-year basis. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. Research analysts anticipate that Mohawk Industries will post 8.67 earnings per share for the current year.

Insider Activity

In other Mohawk Industries news, CEO Jeffrey S. Lorberbaum sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $112.08, for a total value of $504,360.00. Following the completion of the sale, the chief executive officer owned 20,000 shares in the company, valued at approximately $2,241,600. The trade was a 18.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Suzanne L. Helen sold 16,600 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were 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 of the company’s stock, valued at approximately $1,596,492.04. This trade represents a 54.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 40,186 shares of company stock valued at $4,460,321 over the last 90 days. 17.90% of the stock is currently owned by company insiders.

Key Mohawk Industries News

Here are the key news stories impacting Mohawk Industries this week:

• Positive Sentiment: Q2 earnings and revenue beat expectations. Adjusted EPS was $3.67 versus the $2.58 consensus estimate, while revenue rose 6.8% year over year to approximately $2.99 billion, ahead of the $2.79 billion forecast. Adjusted net earnings reached $223 million, compared with $173 million in the prior-year quarter. Mohawk Industries Reports Q2 2026 Results
• Positive Sentiment: Operating momentum improved. Management attributed the strong quarter to volume growth, new product placements, customer restocking before price increases, favorable product mix, productivity gains and market-share gains in several regions. The results significantly exceeded the company’s own expectations. Why Mohawk Industries Stock Is Up Today
• Positive Sentiment: Institutional interest was broadly supportive. Recent filings showed 258 institutional investors increased positions, versus 199 that reduced holdings; notable buyers included AQR Capital Management and Brandes Investment Partners.
• Neutral Sentiment: Q3 guidance was close to consensus. Mohawk forecast adjusted EPS of $2.38–$2.48, compared with analysts’ $2.40 estimate, suggesting expectations were largely met rather than materially raised.
• Neutral Sentiment: Part of the earnings upside may be temporary. Tariff refunds contributed approximately $0.63 per share to second-quarter results, so investors may focus on underlying demand and profitability in subsequent quarters.
• Negative Sentiment: Insider selling and cycle concerns remain risks. Insiders reported 36 open-market sales and no purchases over the past six months. Analysts have also highlighted that Mohawk remains exposed to a housing and renovation downcycle. Recent price targets have a $117 median, below the stock’s reported $122.98 trading level. Mohawk Industries: Value Hiding In A Downcycle

Institutional Investors Weigh In On Mohawk Industries

Several institutional investors have recently added to or reduced their stakes in the company. Inspire Investing LLC raised its stake in shares of Mohawk Industries by 25.3% during the fourth quarter. Inspire Investing LLC now owns 3,007 shares of the company’s stock valued at $329,000 after acquiring an additional 607 shares during the last quarter. United Capital Financial Advisors LLC grew its stake in shares of Mohawk Industries by 8.1% in the third quarter. United Capital Financial Advisors LLC now owns 2,520 shares of the company’s stock worth $325,000 after purchasing an additional 188 shares during the last quarter. Counterpoint Mutual Funds LLC purchased a new position in Mohawk Industries during the 4th quarter valued at about $307,000. Armistice Capital LLC bought a new position in Mohawk Industries during the 4th quarter valued at approximately $299,000. Finally, Mangrove Partners IM LLC purchased a new stake in Mohawk Industries in the 4th quarter worth approximately $236,000. Hedge funds and other institutional investors own 78.98% of the company’s stock.

Mohawk Industries Company Profile

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.