Zacks Research Issues Optimistic Outlook for MHK Earnings

Mohawk Industries, Inc. (NYSE:MHK) – Equities researchers at Zacks Research increased their Q3 2026 earnings estimates for shares of Mohawk Industries in a research note issued on Thursday, August 20th. Zacks Research analyst Team now anticipates that the company will earn $2.53 per share for the quarter, up from their prior forecast of $2.47. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Mohawk Industries’ current full-year earnings is $9.69 per share. Zacks Research also issued estimates for Mohawk Industries’ Q4 2026 earnings at $1.71 EPS, Q1 2027 earnings at $1.85 EPS, Q2 2027 earnings at $2.99 EPS, Q3 2027 earnings at $2.79 EPS, FY2027 earnings at $9.85 EPS, Q1 2028 earnings at $2.31 EPS, Q2 2028 earnings at $3.34 EPS and FY2028 earnings at $11.66 EPS.

Other equities analysts also recently issued research reports about the company. Royal Bank Of Canada increased their price target on Mohawk Industries from $117.00 to $130.00 and gave the stock a “sector perform” rating in a research report on Monday, August 3rd. Weiss Ratings upgraded Mohawk Industries from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 6th. Wells Fargo & Company upped their price objective on shares of Mohawk Industries from $115.00 to $125.00 and gave the stock an “equal weight” rating in a research note on Monday, August 3rd. Wall Street Zen raised shares of Mohawk Industries from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $121.00 price target on shares of Mohawk Industries in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $130.50.

Mohawk Industries Trading Down 1.5%

MHK opened at $133.18 on Friday. 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 stock’s fifty day moving average is $119.77 and its two-hundred day moving average is $112.80. The company has a market capitalization of $9.02 billion, a P/E ratio of 17.64, a PEG ratio of 1.99 and a beta of 1.18. Mohawk Industries has a 52 week low of $92.99 and a 52 week high of $143.13.

Mohawk Industries (NYSE:MHK) last posted its quarterly earnings results on Thursday, July 30th. The company reported $3.67 earnings per share 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 7.50%. The firm had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.79 billion. During the same quarter in the previous year, the firm 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.

Institutional Trading of Mohawk Industries

Several large investors have recently bought and sold shares of MHK. BlackRock Inc. acquired a new stake in shares of Mohawk Industries during the second quarter worth about $777,293,000. Dimensional Fund Advisors LP increased its holdings in Mohawk Industries by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,219,318 shares of the company’s stock worth $316,962,000 after buying an additional 80,761 shares during the period. State Street Corp raised its position in Mohawk Industries by 2.1% during the 2nd quarter. State Street Corp now owns 1,915,831 shares of the company’s stock worth $200,856,000 after buying an additional 39,556 shares during the last quarter. AQR Capital Management LLC raised its position in Mohawk Industries by 15.9% during the 4th quarter. AQR Capital Management LLC now owns 1,829,347 shares of the company’s stock worth $199,948,000 after buying an additional 251,012 shares during the last quarter. Finally, Pzena Investment Management LLC lifted its stake in Mohawk Industries by 0.6% during the 4th quarter. Pzena Investment Management LLC now owns 1,186,400 shares of the company’s stock valued at $129,674,000 after acquiring an additional 7,332 shares during the period. Hedge funds and other institutional investors own 78.98% of the company’s stock.

Insider Transactions at Mohawk Industries

In other Mohawk Industries news, CEO Jeffrey S. Lorberbaum sold 53,314 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $131.57, for a total value of $7,014,522.98. Following the completion of the transaction, the chief executive officer directly owned 10,000 shares in the company, valued at approximately $1,315,700. The trade was a 84.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Suzanne L. Helen sold 16,600 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $112.97, for a total transaction of $1,875,302.00. Following the completion of the sale, the insider owned 14,132 shares in the company, valued at $1,596,492.04. This represents a 54.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 120,882 shares of company stock valued at $15,131,598. Corporate insiders own 17.90% of the company’s stock.

Mohawk Industries News Summary

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

• Positive Sentiment: Zacks Research raised its Q3 2026 EPS forecast to $2.53 from $2.47, lifted Q2 2027 EPS to $2.99 from $2.77, and increased FY2027 EPS to $9.85 from $9.70. These revisions suggest some improvement in analysts’ expectations for Mohawk’s earnings outlook.
• Positive Sentiment: The firm also raised its Q3 2027 EPS estimate slightly to $2.79 from $2.78 and Q2 2028 EPS to $3.34 from $3.20. A separate Zacks analysis described MHK as a potential long-term value stock, which could support interest from value-oriented investors. Why Mohawk Industries Is a Top Value Stock for the Long-Term
• Neutral Sentiment: Zacks’ current full-year earnings consensus remains $9.69 per share, while its longer-term FY2028 forecast stands at $11.66. The unchanged Hold rating indicates that analysts see balanced upside and downside risks rather than a clear catalyst.
• Negative Sentiment: Zacks Research lowered its Q4 2026 EPS estimate to $1.71 from $1.83, cut Q1 2027 EPS to $1.85 from $1.91, and reduced FY2028 EPS to $11.66 from $11.84. These cuts point to weaker expectations for portions of Mohawk’s earnings path and may be weighing on the stock.

About Mohawk Industries

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.