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

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

Mohawk Industries Trading Up 5.4%

MHK stock traded up $6.09 during midday trading on Thursday, hitting $119.47. 2,218,035 shares of the company’s stock were exchanged, compared to its average volume of 882,130. Mohawk Industries has a one year low of $92.99 and a one year 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. The company has a market cap of $7.28 billion, a PE ratio of 17.91, a price-to-earnings-growth ratio of 2.90 and a beta of 1.18. The stock’s fifty day moving average price is $110.51 and its 200-day moving average price is $111.35.

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 the consensus estimate of $2.58 by $1.09. The company had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.79 billion. Mohawk Industries had a return on equity of 6.96% and a net margin of 3.77%.Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. Research analysts predict that Mohawk Industries will post 8.67 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MHK. Bank of America reissued a “neutral” rating and set a $122.00 price objective (down from $149.00) on shares of Mohawk Industries in a research report on Monday, April 20th. Evercore set a $110.00 price target on Mohawk Industries in a report on Monday, May 4th. Weiss Ratings upgraded Mohawk Industries from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd. Barclays upped their price target on Mohawk Industries from $96.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 14th. Finally, Truist Financial lowered their price objective on shares of Mohawk Industries from $155.00 to $135.00 and set a “buy” rating on the stock in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Mohawk Industries presently has an average rating of “Hold” and a consensus price target of $124.42.

Insider Activity at Mohawk Industries

In other news, CEO Jeffrey S. Lorberbaum sold 5,000 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $105.53, for a total value of $527,650.00. Following the completion of the sale, the chief executive officer owned 25,000 shares of the company’s stock, valued at approximately $2,638,250. This represents a 16.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Suzanne L. Helen sold 16,600 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $112.97, for a total transaction of $1,875,302.00. Following the sale, the insider directly owned 14,132 shares in the company, valued at $1,596,492.04. This trade represents a 54.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 40,186 shares of company stock valued at $4,460,321 over the last three months. Insiders own 17.90% of the company’s stock.

Institutional Trading of Mohawk Industries

Institutional investors and hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC lifted its holdings in Mohawk Industries by 73.9% during 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 boosted its holdings in shares of Mohawk Industries by 96.3% during the 3rd quarter. Steadfast Capital Management LP now owns 937,301 shares of the company’s stock worth $120,837,000 after buying an additional 459,700 shares during the period. Freestone Grove Partners LP bought a new position in Mohawk Industries in the 3rd quarter valued at about $36,076,000. Gendell Jeffrey L boosted its holdings in shares of Mohawk Industries by 136.3% during the fourth quarter. Gendell Jeffrey L now owns 445,669 shares of the company’s stock worth $48,712,000 after acquiring an additional 257,100 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Mohawk Industries by 113.7% in the fourth 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. Institutional investors own 78.98% of the company’s stock.

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.