Zacks Research Brokers Decrease Earnings Estimates for MHK

Mohawk Industries, Inc. (NYSE:MHK) – Zacks Research reduced their Q1 2026 earnings per share (EPS) estimates for shares of Mohawk Industries in a research note issued on Thursday, March 5th. Zacks Research analyst Team now anticipates that the company will earn $1.83 per share for the quarter, down from their prior estimate of $1.94. 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 $2.65 EPS, Q3 2026 earnings at $2.90 EPS, Q4 2026 earnings at $2.08 EPS, FY2026 earnings at $9.46 EPS, Q1 2027 earnings at $2.26 EPS, Q2 2027 earnings at $3.06 EPS, Q3 2027 earnings at $3.09 EPS and FY2027 earnings at $10.91 EPS.

Other equities analysts have also recently issued research reports about the stock. Truist Financial lifted their target price on shares of Mohawk Industries from $148.00 to $155.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Robert W. Baird set a $156.00 price objective on Mohawk Industries in a research report on Tuesday, February 17th. Jefferies Financial Group lowered their target price on Mohawk Industries from $134.00 to $128.00 and set a “hold” rating on the stock in a research note on Monday, December 15th. Weiss Ratings restated a “hold (c-)” rating on shares of Mohawk Industries in a report on Wednesday, January 28th. Finally, Wolfe Research cut shares of Mohawk Industries from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $137.64.

Mohawk Industries Stock Down 5.6%

Mohawk Industries stock opened at $108.63 on Friday. Mohawk Industries has a fifty-two week low of $96.24 and a fifty-two week high of $143.13. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.21 and a current ratio of 2.19. The firm’s 50-day simple moving average is $121.53 and its 200 day simple moving average is $121.02. The stock has a market cap of $6.68 billion, a PE ratio of 18.35, a price-to-earnings-growth ratio of 1.82 and a beta of 1.19.

Mohawk Industries (NYSE:MHK) last posted its earnings results on Thursday, February 12th. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.02. Mohawk Industries had a net margin of 3.43% and a return on equity of 6.80%. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.68 billion. During the same quarter in the prior year, the business posted $1.95 EPS. The business’s revenue was up 2.4% compared to the same quarter last year. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS.

Insiders Place Their Bets

In other news, insider Suzanne L. Helen sold 3,500 shares of Mohawk Industries stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $110.36, for a total value of $386,260.00. Following the completion of the transaction, the insider owned 70,593 shares in the company, valued at $7,790,643.48. This trade represents a 4.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 10,650 shares of company stock worth $1,178,383 in the last three months. 17.40% of the stock is owned by company insiders.

Institutional Trading of Mohawk Industries

A number of institutional investors have recently modified their holdings of MHK. Atlas FRM LLC raised its stake in shares of Mohawk Industries by 28.0% during the 2nd quarter. Atlas FRM LLC now owns 608,000 shares of the company’s stock valued at $63,743,000 after purchasing an additional 133,000 shares during the period. AEGON ASSET MANAGEMENT UK Plc bought a new position in Mohawk Industries in the 3rd quarter worth about $20,054,000. ARGA Investment Management LP grew its holdings in Mohawk Industries by 1,508.1% during the 3rd quarter. ARGA Investment Management LP now owns 488,741 shares of the company’s stock valued at $63,008,000 after buying an additional 458,349 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Mohawk Industries by 0.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,829,830 shares of the company’s stock valued at $235,902,000 after buying an additional 9,516 shares during the period. Finally, Rakuten Investment Management Inc. bought a new position in shares of Mohawk Industries in the third quarter valued at approximately $38,161,000. 78.98% of the stock is currently owned by hedge funds and other institutional investors.

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.