Mohawk Industries (MHK) Expected to Post Quarterly Earnings on Thursday

Mohawk Industries (NYSE:MHK) is anticipated to release its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect Mohawk Industries to post earnings of $2.58 per share and revenue of $2.82 billion for the quarter. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Friday, October 30, 2026 at 11:00 AM ET.

Mohawk Industries (NYSE:MHK) last announced its earnings results on Thursday, July 30th. The company reported $3.67 earnings per share for the quarter, beating analysts’ consensus estimates of $2.58 by $1.09. The business had revenue of $2.99 billion during the quarter, compared to analyst estimates of $2.79 billion. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.77 earnings per share. On average, analysts expect Mohawk Industries to post $9.85 EPS for the current fiscal year and $9.95 EPS for the next fiscal year.

Mohawk Industries Trading Up 1.7%

Shares of MHK stock opened at $125.39 on Wednesday. Mohawk Industries has a 12 month low of $92.99 and a 12 month high of $140.30. The stock has a 50-day moving average price of $125.81 and a 200 day moving average price of $116.34.

Insiders Place Their Bets

In other news, insider Suzanne L. Helen sold 7,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $131.52, for a total value of $920,640.00. Following the sale, the insider directly owned 7,132 shares of the company’s stock, valued at approximately $938,000.64. This represents a 49.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jeffrey S. Lorberbaum sold 53,314 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $131.57, for a total value of $7,014,522.98. Following the completion of the sale, the chief executive officer owned 10,000 shares in the company, valued at $1,315,700. This represents a 84.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 172,996 shares of company stock valued at $22,433,248 in the last 90 days. 17.90% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on MHK shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $121.00 price objective on shares of Mohawk Industries in a report on Tuesday, August 4th. Truist Financial lifted their target price on shares of Mohawk Industries from $135.00 to $155.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Melius Research assumed coverage on shares of Mohawk Industries in a research report on Tuesday, October 6th. They set a “buy” rating and a $188.00 target price for the company. Weiss Ratings raised Mohawk Industries from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 6th. Finally, Barclays raised their price target on Mohawk Industries from $109.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Monday, August 3rd. Three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Mohawk Industries presently has a consensus rating of “Hold” and a consensus target price of $133.75.

Mohawk Industries Company Profile

Mohawk Industries, Inc is a global manufacturer and distributor of flooring products. The company serves residential and commercial customers through products sold to retailers, distributors, builders, contractors and other industry professionals.

Its product portfolio includes carpet, rugs, ceramic and porcelain tile, hardwood flooring, laminate, luxury vinyl tile and other resilient flooring products. Mohawk markets products under a range of well-known brands, including Mohawk, Karastan, Pergo, Quick-Step, Marazzi, Daltile, American Olean and Durkan.

The company traces its origins to a carpet mill established in 1878 and is headquartered in Calhoun, Georgia.