Mohawk Industries (NYSE:MHK) Releases Quarterly Earnings Results

Key Points

• Q1 EPS beat: Mohawk reported adjusted EPS of $1.90 vs. consensus $1.80 and revenue of $2.73B (reported +8% y/y), though constant‑currency/adjusted sales were down about 2.6% versus the prior year.
• Q2 guidance trimmed: Management set Q2 FY2026 EPS at $2.50–$2.60 (below Street ~ $2.73), prompting the stock to fall about $5.11 to $100.45 on heavy trading volume.
• Market and insider signals are mixed: analysts’ consensus is a "Hold" with a $130.18 target, institutional ownership is ~79%, and insiders sold roughly 12,000 shares over the past three months.

Mohawk Industries (NYSE:MHK - Get Free Report) released its quarterly earnings data on Thursday. The company reported $1.90 EPS for the quarter, beating the consensus estimate of $1.80 by $0.10, FiscalAI reports. The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.74 billion. Mohawk Industries had a net margin of 3.43% and a return on equity of 6.80%. The company's quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.52 earnings per share. Mohawk Industries updated its Q2 2026 guidance to 2.500-2.600 EPS.

Mohawk Industries Price Performance

MHK traded down $5.11 on Friday, hitting $100.45. 1,859,752 shares of the stock were exchanged, compared to its average volume of 956,073. Mohawk Industries has a 12 month low of $94.56 and a 12 month high of $143.13. The business has a 50-day moving average of $106.53 and a two-hundred day moving average of $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 firm has a market capitalization of $6.15 billion, a price-to-earnings ratio of 16.97, a PEG ratio of 2.07 and a beta of 1.24.

Insiders Place Their Bets

In related news, insider Suzanne L. Helen sold 3,000 shares of the company's 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 completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have sold a total of 12,000 shares of company stock worth $1,246,336 over the last three months. Corporate insiders own 17.90% of the company's stock.

Institutional Investors Weigh In On Mohawk Industries

Several institutional investors and hedge funds have recently bought and sold shares of MHK. Global Retirement Partners LLC lifted its position in Mohawk Industries by 950.0% during the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company's stock worth $28,000 after purchasing an additional 228 shares during the period. Transamerica Financial Advisors LLC lifted its holdings in shares of Mohawk Industries by 216.1% in the fourth 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 position in shares of Mohawk Industries in the third quarter worth about $52,000. Parallel Advisors LLC lifted its holdings in shares of 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 last quarter. Finally, Colonial Trust Co SC lifted its holdings in shares of Mohawk Industries by 1,364.9% in the fourth quarter. Colonial Trust Co SC now owns 542 shares of the company's stock worth $59,000 after acquiring an additional 505 shares during the last quarter. Institutional investors own 78.98% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Robert W. Baird reissued a "neutral" rating and issued a $118.00 target price (down from $156.00) on shares of Mohawk Industries in a research report on Tuesday, April 21st. Barclays reduced their target price on shares of Mohawk Industries from $121.00 to $96.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 8th. Truist Financial boosted their target price on shares of Mohawk Industries from $148.00 to $155.00 and gave the company a "buy" rating in a research report on Tuesday, February 17th. Zacks Research cut shares of Mohawk Industries from a "hold" rating to a "strong sell" rating in a research report on Friday, April 24th. Finally, Wells Fargo & Company reduced their target price on shares of Mohawk Industries from $125.00 to $105.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $130.18.

Key Mohawk Industries News

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

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.

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