Mohawk Industries (NYSE:MHK) Issues Earnings Results, Beats Expectations By $0.10 EPS
by Jessica Moore · The Cerbat GemMohawk Industries (NYSE:MHK – Get Free Report) posted its earnings results on Thursday. The company reported $1.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.10, FiscalAI reports. The business had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.74 billion. Mohawk Industries had a net margin of 3.77% and a return on equity of 6.97%. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.52 earnings per share. Mohawk Industries updated its Q2 2026 guidance to 2.500-2.600 EPS.
Mohawk Industries Price Performance
Shares of MHK traded down $5.11 during trading hours on Friday, hitting $100.45. The stock had a trading volume of 1,859,752 shares, compared to its average volume of 898,689. Mohawk Industries has a 52 week low of $94.56 and a 52 week high of $143.13. The company’s fifty day moving average is $106.53 and its two-hundred day moving average is $113.43. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.19 and a quick ratio of 1.21. The stock has a market capitalization of $6.15 billion, a price-to-earnings ratio of 16.97, a P/E/G ratio of 2.12 and a beta of 1.21.
Analysts Set New Price Targets
MHK has been the topic of several analyst reports. Wall Street Zen lowered shares of Mohawk Industries from a “buy” rating to a “hold” rating in a report on Saturday, April 11th. Wells Fargo & Company lowered their target price on shares of Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. Barclays lowered their target price on shares of Mohawk Industries from $121.00 to $96.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. Robert W. Baird reaffirmed a “neutral” rating and issued a $118.00 target price (down from $156.00) on shares of Mohawk Industries in a report on Tuesday, April 21st. Finally, UBS Group reaffirmed a “neutral” rating and issued a $140.00 target price on shares of Mohawk Industries in a report on Monday, February 16th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $130.18.
View Our Latest Analysis on MHK
Trending Headlines about 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
Insider Buying and Selling
In other Mohawk Industries news, insider Suzanne L. Helen sold 3,000 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $97.80, for a total transaction of $293,400.00. Following the sale, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last 90 days, insiders have sold 12,000 shares of company stock worth $1,246,336. 17.90% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Mohawk Industries
Hedge funds have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC grew its holdings in Mohawk Industries by 950.0% during the 4th quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock worth $28,000 after acquiring an additional 228 shares during the last quarter. Transamerica Financial Advisors LLC grew its holdings in Mohawk Industries by 216.1% during 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 during the last quarter. Danske Bank A S bought a new stake in Mohawk Industries during the 3rd quarter worth about $52,000. Advisory Services Network LLC bought a new stake in Mohawk Industries during the 3rd quarter worth about $64,000. Finally, Parallel Advisors LLC grew its holdings in Mohawk Industries by 56.5% during the 4th quarter. Parallel Advisors LLC now owns 507 shares of the company’s stock worth $55,000 after acquiring an additional 183 shares during the last quarter. Institutional investors own 78.98% of the company’s stock.
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.