Zacks Research Has Negative Outlook for MHK Q3 Earnings

Mohawk Industries, Inc. (NYSE:MHK) – Zacks Research reduced their Q3 2026 earnings per share estimates for Mohawk Industries in a note issued to investors on Thursday, May 21st. Zacks Research analyst Team now expects that the company will earn $2.47 per share for the quarter, down from their previous estimate of $2.90. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Mohawk Industries’ current full-year earnings is $8.67 per share. Zacks Research also issued estimates for Mohawk Industries’ Q1 2027 earnings at $1.91 EPS and FY2027 earnings at $9.66 EPS.

Several other analysts have also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft set a $109.00 price objective on shares of Mohawk Industries in a research note on Tuesday, May 5th. Truist Financial reduced their price target on Mohawk Industries from $155.00 to $135.00 and set a “buy” rating on the stock in a research report on Tuesday, May 5th. UBS Group restated a “neutral” rating and set a $140.00 price objective on shares of Mohawk Industries in a research note on Monday, February 16th. Wells Fargo & Company cut their target price on Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 8th. Finally, Royal Bank Of Canada increased their target price on Mohawk Industries from $122.00 to $135.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Mohawk Industries has an average rating of “Hold” and a consensus price target of $123.33.

Mohawk Industries Stock Up 1.4%

MHK opened at $103.88 on Wednesday. The stock has a fifty day moving average of $101.75 and a 200-day moving average of $110.97. The company has a market capitalization of $6.33 billion, a P/E ratio of 15.57, a P/E/G ratio of 2.54 and a beta of 1.20. Mohawk Industries has a fifty-two week low of $92.99 and a fifty-two week high of $143.13. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.23 and a current ratio of 2.16.

Mohawk Industries (NYSE:MHK) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.10. Mohawk Industries had a return on equity of 6.96% and a net margin of 3.77%.The business had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the previous year, the company posted $1.52 EPS. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS.

Insiders Place Their Bets

In other Mohawk Industries news, insider Suzanne L. Helen sold 3,000 shares of the company’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $97.80, for a total value of $293,400.00. Following the completion of the transaction, the insider owned 53,893 shares of the company’s stock, valued at $5,270,735.40. This represents a 5.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders sold 12,000 shares of company stock worth $1,246,336. Insiders own 17.90% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MHK. Wilsey Asset Management Inc. boosted its holdings in Mohawk Industries by 11.5% in the fourth quarter. Wilsey Asset Management Inc. now owns 237,869 shares of the company’s stock valued at $25,999,000 after acquiring an additional 24,621 shares during the last quarter. Schroder Investment Management Group increased its position in shares of Mohawk Industries by 3.4% during the third quarter. Schroder Investment Management Group now owns 837,556 shares of the company’s stock worth $107,978,000 after buying an additional 27,888 shares during the period. Tabor Asset Management LP raised its stake in Mohawk Industries by 35.5% during the third quarter. Tabor Asset Management LP now owns 69,068 shares of the company’s stock worth $8,904,000 after buying an additional 18,088 shares during the last quarter. Rafferty Asset Management LLC boosted its position in Mohawk Industries by 101.1% during the third quarter. Rafferty Asset Management LLC now owns 45,973 shares of the company’s stock valued at $5,927,000 after acquiring an additional 23,117 shares during the last quarter. Finally, Cresset Asset Management LLC acquired a new position in shares of Mohawk Industries in the 3rd quarter valued at about $1,403,000. 78.98% of the stock is owned by 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.