Mohawk Industries (NYSE:MHK) Updates Q2 2026 Earnings Guidance

Mohawk Industries (NYSE:MHK) updated its second quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 2.500-2.600 for the period, compared to the consensus EPS estimate of 2.730. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Robert W. Baird reissued a “neutral” rating and set a $118.00 price objective (down from $156.00) on shares of Mohawk Industries in a research report on Tuesday, April 21st. Weiss Ratings reissued a “hold (c-)” rating on shares of Mohawk Industries in a research report on Monday. Wall Street Zen cut Mohawk Industries from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. Zacks Research lowered Mohawk Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, April 24th. Finally, Truist Financial boosted their price target on Mohawk Industries from $148.00 to $155.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Mohawk Industries presently has a consensus rating of “Hold” and a consensus price target of $130.18.

Mohawk Industries Trading Down 4.8%

NYSE:MHK traded down $5.11 during trading hours on Friday, hitting $100.45. 1,859,750 shares of the stock were exchanged, compared to its average volume of 956,007. The company’s 50 day moving average is $106.53 and its two-hundred day moving average is $113.43. Mohawk Industries has a twelve month low of $94.56 and a twelve month high of $143.13. The company has a quick ratio of 1.21, a current ratio of 2.19 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $6.15 billion, a P/E ratio of 16.97, a price-to-earnings-growth ratio of 2.07 and a beta of 1.24.

Mohawk Industries (NYSE:MHK) last posted its quarterly earnings results on Thursday, April 30th. The company reported $1.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.10. The company had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.74 billion. Mohawk Industries had a return on equity of 6.80% and a net margin of 3.43%.The firm’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.52 EPS. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. On average, sell-side analysts anticipate that Mohawk Industries will post 9.08 earnings per share for the current fiscal year.

Insider Activity at Mohawk Industries

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

Key Stories Impacting Mohawk Industries

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

• Positive Sentiment: Q1 EPS beat expectations — Mohawk reported GAAP and adjusted EPS of $1.90 versus consensus ~$1.80, showing solid year‑over‑year earnings improvement. Mohawk Industries (MHK) Surpasses Q1 Earnings Estimates
• Positive Sentiment: Sales grew on a reported basis — Net sales were ~$2.7B, up ~8% year-over-year (though adjusted for days/FX sales were down vs. prior year), indicating demand resiliency in parts of the portfolio. Mohawk Industries Reports Q1 2026 Results
• Neutral Sentiment: Full earnings materials and call available — Management’s prepared remarks, slide deck and conference call transcript are published for detailed review by investors. Use them to assess segment trends, backlog and margin drivers. Mohawk Industries, Inc. (MHK) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Key metrics mixed — Report shows reported sales growth but constant‑currency/adjusted sales down ~2.6% versus prior year; margin and ROE remain modest (net margin ~3.4%, ROE ~6.8%), which tempers the beat. Mohawk Industries Reports Q1 2026 Results (FinancialPost/Globe)
• Negative Sentiment: Q2 guidance trimmed and below Street — Management set Q2 FY2026 EPS guidance of $2.50–$2.60 versus consensus ~ $2.73, which is the primary driver of investor concern and today’s share weakness. Mohawk Industries (MHK) Reports Q1 Earnings: What Key Metrics Have to Say
• Negative Sentiment: Top‑line slightly missed consensus — Revenue of $2.73B was roughly in line but just under the street estimate (~$2.74B), which, combined with the weaker guide, amplified selling pressure. Mohawk Industries (NYSE:MHK) Reports Sales Below Analyst Estimates In Q1 CY2026 Earnings

Hedge Funds Weigh In On Mohawk Industries

A number of large investors have recently modified their holdings of MHK. AQR Capital Management LLC lifted its stake in Mohawk Industries by 73.9% in the 3rd quarter. AQR Capital Management LLC now owns 1,578,335 shares of the company’s stock valued at $200,922,000 after purchasing an additional 670,601 shares during the last quarter. Steadfast Capital Management LP lifted its stake in Mohawk Industries by 96.3% in the 3rd quarter. Steadfast Capital Management LP now owns 937,301 shares of the company’s stock valued at $120,837,000 after purchasing an additional 459,700 shares during the last quarter. Freestone Grove Partners LP acquired a new stake in Mohawk Industries in the 3rd quarter valued at about $36,076,000. Gendell Jeffrey L lifted its stake in Mohawk Industries by 136.3% in the 4th quarter. Gendell Jeffrey L now owns 445,669 shares of the company’s stock valued at $48,712,000 after purchasing an additional 257,100 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Mohawk Industries by 113.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 481,265 shares of the company’s stock valued at $52,602,000 after purchasing an additional 256,051 shares during the last quarter. 78.98% of the stock is currently owned by institutional investors and hedge funds.

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.