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

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

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on MHK shares. Deutsche Bank Aktiengesellschaft set a $109.00 price objective on shares of Mohawk Industries in a research report on Tuesday, May 5th. Bank of America restated a “neutral” rating and set a $122.00 price objective (down from $149.00) on shares of Mohawk Industries in a research note on Monday, April 20th. Evercore set a $110.00 target price on Mohawk Industries in a research note on Monday, May 4th. Weiss Ratings raised shares of Mohawk Industries from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd. Finally, Robert W. Baird reduced their price target on shares of Mohawk Industries from $118.00 to $112.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, Mohawk Industries has a consensus rating of “Hold” and an average price target of $124.42.

Mohawk Industries Price Performance

Shares of MHK traded up $2.99 during trading hours on Friday, reaching $122.55. 1,334,788 shares of the company’s stock traded hands, compared to its average volume of 889,543. Mohawk Industries has a 12 month low of $92.99 and a 12 month high of $143.13. The company has a current ratio of 2.16, a quick ratio of 1.23 and a debt-to-equity ratio of 0.21. The stock has a market cap of $7.47 billion, a PE ratio of 18.37, a price-to-earnings-growth ratio of 2.81 and a beta of 1.18. The firm’s 50 day simple moving average is $110.85 and its 200-day simple moving average is $111.36.

Mohawk Industries (NYSE:MHK) last announced its quarterly earnings data on Thursday, July 30th. The company reported $3.67 EPS for the quarter, beating the consensus estimate of $2.58 by $1.09. The firm had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.79 billion. Mohawk Industries had a return on equity of 6.96% and a net margin of 3.77%.The company’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the company earned $2.77 EPS. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. Equities analysts expect that Mohawk Industries will post 8.67 EPS for the current year.

Insider Activity

In other Mohawk Industries news, insider Suzanne L. Helen sold 16,600 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider owned 14,132 shares in the company, valued at approximately $1,596,492.04. This trade represents a 54.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jeffrey S. Lorberbaum sold 5,000 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $105.53, for a total transaction of $527,650.00. Following the completion of the transaction, the chief executive officer directly owned 25,000 shares of the company’s stock, valued at $2,638,250. This represents a 16.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 40,186 shares of company stock worth $4,460,321 over the last three months. 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: Q2 earnings and revenue beat expectations. Mohawk reported adjusted EPS of $3.67, versus the $2.57–$2.58 analyst consensus and $2.77 a year earlier. Revenue reached approximately $3.0 billion, up 6.8% year over year and above the roughly $2.79 billion estimate. Mohawk Industries Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Profit growth was broad-based versus last year. Reported net earnings increased to $196 million from $147 million, while adjusted net earnings rose to $223 million from $173 million. The results suggest improved operating leverage, cost control and/or market conditions across Mohawk’s businesses. Mohawk Industries Reports Q2 2026 Results
• Positive Sentiment: Third-quarter guidance supports continued earnings momentum. MHK forecast adjusted EPS of $2.38 to $2.48, with the midpoint modestly above the $2.40 consensus estimate. Although the range signals some uncertainty, the outlook was not a significant reset lower. Mohawk Industries Third-Quarter Guidance
• Neutral Sentiment: Investors are also evaluating MHK as a cyclical recovery opportunity. Commentary characterizes the company as potentially undervalued during a downcycle, which could appeal to investors expecting a recovery in flooring demand. However, that thesis depends on housing, remodeling and broader consumer conditions improving. Mohawk Industries Value Hiding in a Downcycle

Institutional Trading of Mohawk Industries

Several hedge funds have recently modified their holdings of MHK. Global Retirement Partners LLC grew its position in Mohawk Industries by 950.0% in the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock worth $28,000 after acquiring an additional 228 shares in the last quarter. Transamerica Financial Advisors LLC grew its stake in Mohawk Industries by 216.1% in the 4th quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock worth $30,000 after acquiring an additional 188 shares in the last quarter. Danske Bank A S purchased a new position in Mohawk Industries during the 3rd quarter worth $52,000. Parallel Advisors LLC lifted its stake in Mohawk Industries by 56.5% in the fourth quarter. Parallel Advisors LLC now owns 507 shares of the company’s stock worth $55,000 after acquiring an additional 183 shares during the period. Finally, Colonial Trust Co SC increased its holdings in Mohawk Industries by 1,364.9% during the fourth quarter. Colonial Trust Co SC now owns 542 shares of the company’s stock valued at $59,000 after buying an additional 505 shares during the period. 78.98% of the stock is 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.