Zacks Research Has Bullish Estimate for MHK FY2026 Earnings

Mohawk Industries, Inc. (NYSE:MHK) – Investment analysts at Zacks Research raised their FY2026 earnings estimates for shares of Mohawk Industries in a report released on Thursday, August 20th. Zacks Research analyst Team now anticipates that the company will earn $9.81 per share for the year, up from their prior forecast of $8.77. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Mohawk Industries’ current full-year earnings is $9.90 per share. Zacks Research also issued estimates for Mohawk Industries’ Q4 2027 earnings at $2.22 EPS.

Mohawk Industries (NYSE:MHK) last announced its quarterly earnings results on Thursday, July 30th. The company reported $3.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.58 by $1.09. Mohawk Industries had a net margin of 4.15% and a return on equity of 7.50%. The business had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.79 billion. During the same quarter last year, the firm earned $2.77 EPS. 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.

MHK has been the subject of a number of other research reports. Wells Fargo & Company upped their price target on Mohawk Industries from $115.00 to $125.00 and gave the company an “equal weight” rating in a research report on Monday, August 3rd. Robert W. Baird boosted their target price on Mohawk Industries from $112.00 to $132.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Truist Financial upped their target price on Mohawk Industries from $135.00 to $155.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Wall Street Zen raised Mohawk Industries from a “hold” rating to a “buy” rating in a research note on Sunday, June 21st. Finally, Royal Bank Of Canada raised their price target on Mohawk Industries from $117.00 to $130.00 and gave the stock a “sector perform” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $130.50.

Mohawk Industries Stock Performance

Mohawk Industries stock opened at $134.18 on Monday. The company has a current ratio of 1.92, a quick ratio of 1.13 and a debt-to-equity ratio of 0.14. The firm has a market cap of $9.09 billion, a P/E ratio of 17.77, a P/E/G ratio of 1.94 and a beta of 1.18. Mohawk Industries has a 1-year low of $92.99 and a 1-year high of $143.13. The firm has a 50-day moving average of $121.26 and a 200-day moving average of $113.00.

Insider Activity at Mohawk Industries

In other Mohawk Industries news, CEO Jeffrey S. Lorberbaum sold 5,764 shares of Mohawk Industries stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $131.76, for a total transaction of $759,464.64. Following the sale, the chief executive officer directly owned 79,625 shares of the company’s stock, valued at approximately $10,491,390. The trade was a 6.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Bernard Thiers sold 13,393 shares of the company’s 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 transaction, the director owned 93,633 shares in the company, valued at $12,638,582.34. This trade represents a 12.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 115,882 shares of company stock valued at $14,603,948. 17.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Mohawk Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. UBS Group AG lifted its holdings in shares of Mohawk Industries by 6.1% during the fourth quarter. UBS Group AG now owns 227,068 shares of the company’s stock valued at $24,819,000 after purchasing an additional 13,090 shares during the last quarter. Tejara Capital Ltd purchased a new position in Mohawk Industries during the fourth quarter valued at $2,514,000. Olstein Capital Management L.P. boosted its holdings in Mohawk Industries by 23.9% in the fourth quarter. Olstein Capital Management L.P. now owns 68,750 shares of the company’s stock worth $7,514,000 after acquiring an additional 13,250 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Mohawk Industries by 11.5% in the fourth quarter. BNP Paribas Financial Markets now owns 132,723 shares of the company’s stock worth $14,507,000 after acquiring an additional 13,663 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in shares of Mohawk Industries by 275.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 61,477 shares of the company’s stock worth $6,719,000 after acquiring an additional 45,109 shares during the last quarter. 78.98% of the stock is owned by hedge funds and other institutional investors.

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.