Q2 EPS Estimates for Mohawk Industries Cut by Zacks Research

Key Points

• Zacks Research trimmed its Q2 2026 EPS estimate for Mohawk from $2.65 to $2.63 and carries a "Strong Sell" rating, while the consensus full‑year EPS is pegged at $9.20.
• Several brokers have recently cut ratings and price targets (including Robert W. Baird, Wells Fargo and Wall Street Zen), leaving Mohawk with a market consensus rating of "Hold" and an average price target of $130.18.
• Mohawk modestly beat its last quarter expectations with $2.00 EPS vs. $1.98 and $2.70B revenue vs. $2.68B, and it guided Q1 2026 EPS to $1.75–$1.85.

Mohawk Industries, Inc. (NYSE:MHK - Free Report) - Investment analysts at Zacks Research decreased their Q2 2026 earnings per share estimates for shares of Mohawk Industries in a report issued on Monday, April 27th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $2.63 for the quarter, down from their previous estimate of $2.65. Zacks Research has a "Strong Sell" rating on the stock. The consensus estimate for Mohawk Industries' current full-year earnings is $9.20 per share. Zacks Research also issued estimates for Mohawk Industries' Q4 2026 earnings at $2.07 EPS, FY2026 earnings at $9.43 EPS, Q2 2027 earnings at $3.05 EPS, Q3 2027 earnings at $3.08 EPS, Q4 2027 earnings at $2.49 EPS, FY2027 earnings at $10.87 EPS, Q1 2028 earnings at $2.71 EPS and FY2028 earnings at $11.90 EPS.

Mohawk Industries (NYSE:MHK - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.98 by $0.02. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.68 billion. Mohawk Industries had a net margin of 3.43% and a return on equity of 6.80%. The company's revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter last year, the business posted $1.95 EPS. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS.

A number of other analysts also recently issued reports on MHK. Robert W. Baird restated a "neutral" rating and set a $118.00 price objective (down from $156.00) on shares of Mohawk Industries in a report on Tuesday, April 21st. Wall Street Zen cut Mohawk Industries from a "buy" rating to a "hold" rating in a research note on Saturday, April 11th. Wells Fargo & Company dropped their price target on shares of Mohawk Industries from $125.00 to $105.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 8th. Wolfe Research cut Mohawk Industries from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, January 7th. Finally, UBS Group reaffirmed a "neutral" rating and set a $140.00 target price on shares of Mohawk Industries in a report on Monday, February 16th. One 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 issued a Sell rating to the company. According to data from MarketBeat, Mohawk Industries currently has a consensus rating of "Hold" and an average price target of $130.18.

Mohawk Industries Stock Up 0.0%

Shares of NYSE:MHK opened at $107.77 on Tuesday. The company has a market capitalization of $6.60 billion, a PE ratio of 18.20, a price-to-earnings-growth ratio of 2.14 and a beta of 1.24. Mohawk Industries has a 1 year low of $94.56 and a 1 year high of $143.13. 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 business has a fifty day moving average price of $108.06 and a two-hundred day moving average price of $113.63.

Institutional Trading of Mohawk Industries

Several institutional investors and hedge funds have recently modified their holdings of the business. Public Employees Retirement System of Ohio boosted its stake in Mohawk Industries by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 17,254 shares of the company's stock worth $2,224,000 after buying an additional 100 shares in the last quarter. Rexford Capital Inc. boosted its position in Mohawk Industries by 10.1% during the fourth quarter. Rexford Capital Inc. now owns 1,087 shares of the company's stock valued at $119,000 after buying an additional 100 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Mohawk Industries by 7.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,569 shares of the company's stock worth $171,000 after buying an additional 105 shares during the period. Resona Asset Management Co. Ltd. boosted its holdings in Mohawk Industries by 22.6% during the 3rd quarter. Resona Asset Management Co. Ltd. now owns 612 shares of the company's stock valued at $78,000 after acquiring an additional 113 shares during the period. Finally, AlphaQuest LLC increased its stake in Mohawk Industries by 4.2% in the 3rd quarter. AlphaQuest LLC now owns 2,774 shares of the company's stock worth $358,000 after purchasing an additional 113 shares during the period. Hedge funds and other institutional investors own 78.98% of the company's stock.

Insider Activity

In related news, insider Suzanne L. Helen sold 3,000 shares of Mohawk Industries stock in a transaction on 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 sale, the insider owned 53,893 shares of the company's stock, valued at approximately $5,270,735.40. This trade represents a 5.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 12,000 shares of company stock valued at $1,246,336 in the last quarter. Company insiders own 17.90% 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.

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