Mohawk Industries Company Profile (NYSE:MHK)

About Mohawk Industries

Mohawk Industries logoMohawk Industries, Inc. is a flooring manufacturer that creates products for residential and commercial spaces around the world. The Company's manufacturing and distribution processes provide carpet, rugs, ceramic tile, laminate, wood, stone, luxury vinyl tile (LVT) and vinyl flooring. It operates in three segments: Global Ceramic, which designs, manufactures, sources, distributes and markets a line of ceramic tile, porcelain tile and natural stone products; Flooring North America (Flooring NA), which designs, manufactures, sources, distributes and markets carpet, laminate, carpet pad, rugs, hardwood and vinyl, including LVT, in a range of colors, textures and patterns, and Flooring Rest of the World (Flooring ROW), which designs, manufactures, sources, distributes and markets laminate, hardwood flooring, roofing elements, insulation boards, medium-density fiberboard, chipboards and vinyl flooring products. Its trademarks include American Olean, Bigelow, Lees, Quick-Step and Unilin.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Home Furnishings & Fixtures
  • Sub-Industry: Home Furnishings
  • Exchange: NYSE
  • Symbol: MHK
  • CUSIP: 60819010
Key Metrics:
  • Previous Close: $221.55
  • 50 Day Moving Average: $211.49
  • 200 Day Moving Average: $203.88
  • 52-Week Range: $154.89 - $224.17
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 15.47
  • P/E Growth: 2.70
  • Market Cap: $16.43B
  • Outstanding Shares: 74,164,000
  • Beta: 1.18
Profitability:
  • Net Margins: 10.39%
  • Return on Equity: 17.10%
  • Return on Assets: 9.12%
Debt:
  • Debt-to-Equity Ratio: 0.20%
  • Current Ratio: 1.28%
  • Quick Ratio: 0.66%
Additional Links:
Companies Related to Mohawk Industries:

Analyst Ratings

Consensus Ratings for Mohawk Industries (NYSE:MHK) (?)
Ratings Breakdown: 3 Hold Ratings, 12 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.88)
Consensus Price Target: $235.45 (6.28% upside)

Analysts' Ratings History for Mohawk Industries (NYSE:MHK)
Show:
DateFirmActionRatingPrice TargetDetails
2/14/2017Barclays PLCSet Price TargetBuy$251.00View Rating Details
2/13/2017Stifel NicolausBoost Price TargetBuy$230.00 -> $255.00View Rating Details
12/16/2016MacquarieInitiated CoverageOutperform$235.00View Rating Details
12/5/2016RBC Capital MarketsReiterated RatingOutperform$245.00 -> $248.00View Rating Details
12/5/2016Royal Bank Of CanadaBoost Price TargetOutperform$245.00 -> $248.00View Rating Details
11/14/2016Evercore ISIInitiated CoverageBuy$252.00View Rating Details
10/12/2016Bank of America CorpUpgradeNeutral -> Buy$235.00View Rating Details
9/28/2016Wells Fargo & CompanyInitiated CoverageMarket PerformView Rating Details
8/9/2016GabelliInitiated CoverageBuyView Rating Details
8/8/2016MKM PartnersBoost Price TargetBuy$244.00 -> $246.00View Rating Details
7/6/2016Goldman Sachs Group, Inc. (The)Reiterated RatingBuyView Rating Details
6/28/2016Credit Suisse GroupReiterated RatingBuyView Rating Details
5/23/2016Topeka Capital MarketsInitiated CoverageHold$185.00View Rating Details
5/8/2016Robert W. BairdReiterated RatingBuyView Rating Details
3/15/2016J P Morgan Chase & CoDowngradeOverweight -> Neutral$205.00 -> $215.00View Rating Details
2/23/2016Raymond James Financial, Inc.Lower Price TargetStrong-Buy$240.00 -> $220.00View Rating Details
11/9/2015Cantor FitzgeraldReiterated RatingHold$193.00 -> $201.00View Rating Details
(Data available from 2/21/2015 forward)

Earnings

Earnings History for Mohawk Industries (NYSE:MHK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017        
2/9/2017Q416$3.22$3.26$2.15 billion$2.20 billionViewListenView Earnings Details
11/3/2016Q316$3.46$3.50$2.28 billion$2.29 billionViewListenView Earnings Details
8/4/2016Q216$3.36$3.47$2.34 billion$2.31 billionViewListenView Earnings Details
5/5/2016Q116$2.32$2.38$2.09 billion$2.17 billionViewListenView Earnings Details
2/25/2016Q415$2.73$2.82$2.05 billion$2.00 billionViewListenView Earnings Details
11/5/2015Q315$2.99$2.98$2.18 billion$2.20 billionViewListenView Earnings Details
8/6/2015Q215$2.62$2.69$2.14 billion$2.04 billionViewListenView Earnings Details
5/7/2015Q115$1.61$1.70$1.88 billion$1.88 billionViewListenView Earnings Details
2/19/2015Q414$2.21$2.27$1.94 billion$1.95 billionViewListenView Earnings Details
10/30/2014Q314$2.44$2.44$2.05 billion$1.99 billionViewListenView Earnings Details
7/31/2014Q214$2.20$2.21$2.08 billion$2.05 billionViewListenView Earnings Details
5/1/2014Q114$1.18$1.23$1.86 billion$1.81 billionViewListenView Earnings Details
2/20/2014Q413$1.75$1.79$1.92 billion$1.92 billionViewListenView Earnings Details
10/31/2013Q313$1.90$2.02$2.02 billion$1.96 billionViewN/AView Earnings Details
8/1/2013Q2 2013$1.66$1.84$1.96 billion$1.98 billionViewListenView Earnings Details
5/2/2013Q1 2013$0.84$0.87$1.53 billion$1.49 billionViewListenView Earnings Details
2/21/2013Q4 2012$0.94$1.01$1.43 billion$1.44 billionViewListenView Earnings Details
11/1/2012Q312$1.02$1.04$1.47 billion$1.50 billionViewN/AView Earnings Details
8/2/2012$1.13$1.14ViewN/AView Earnings Details
5/3/2012$0.53$0.58ViewN/AView Earnings Details
2/23/2012$0.72$0.72ViewN/AView Earnings Details
11/3/2011$0.86$0.83ViewN/AView Earnings Details
8/4/2011$0.93$0.95ViewN/AView Earnings Details
5/5/2011$0.42$0.42ViewN/AView Earnings Details
2/22/2011$0.57$0.66ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mohawk Industries (NYSE:MHK)
Current Year EPS Consensus Estimate: $13.30 EPS
Next Year EPS Consensus Estimate: $14.32 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$3.37$3.37$3.37
Q3 20161$3.47$3.47$3.47
Q4 20161$3.08$3.08$3.08
Q1 20171$2.96$2.96$2.96
Q2 20171$4.00$4.00$4.00
Q3 20171$3.52$3.52$3.52
Q4 20171$3.13$3.13$3.13
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Mohawk Industries (NYSE:MHK)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Mohawk Industries (NYSE:MHK)
Insider Ownership Percentage: 17.10%
Institutional Ownership Percentage: 77.90%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/15/2017Jeffrey S LorberbaumChairmanSell20,000$222.91$4,458,200.00View SEC Filing  
11/28/2016Cock Frans Georges DeDirectorBuy3,750$200.00$750,000.00View SEC Filing  
11/17/2016Chistopher WellbornInsiderSell7,231$200.00$1,446,200.00View SEC Filing  
9/7/2016Suzanne L HelenInsiderSell4,600$216.00$993,600.00View SEC Filing  
9/2/2016Suzanne L HelenInsiderSell9,300$214.00$1,990,200.00View SEC Filing  
8/31/2016Rodney David PattonVPSell1,555$212.50$330,437.50View SEC Filing  
8/25/2016Cock Frans Georges DeDirectorSell3,734$210.00$784,140.00View SEC Filing  
8/24/2016Suzanne L HelenInsiderSell4,700$213.50$1,003,450.00View SEC Filing  
8/15/2016Brian CarsonInsiderSell215$213.38$45,876.70View SEC Filing  
8/11/2016Suzanne L HelenInsiderSell9,000$212.07$1,908,630.00View SEC Filing  
8/8/2016Brian CarsonInsiderSell1,942$214.28$416,131.76View SEC Filing  
6/7/2016Chistopher WellbornCOOSell10,236$200.00$2,047,200.00View SEC Filing  
5/13/2016John C Turner JrInsiderSell1,511$195.79$295,838.69View SEC Filing  
5/10/2016Bernard ThiersInsiderSell14,000$198.80$2,783,200.00View SEC Filing  
5/10/2016Frank H BoykinCFOSell3,133$200.00$626,600.00View SEC Filing  
3/18/2016James BrunkCAOSell2,126$189.11$402,047.86View SEC Filing  
3/15/2016Bernard ThiersInsiderSell4,961$183.91$912,377.51View SEC Filing  
3/14/2016John C Turner JrInsiderSell2,516$184.84$465,057.44View SEC Filing  
3/14/2016Rodney David PattonVPSell550$186.00$102,300.00View SEC Filing  
3/4/2016Frank H BoykinCFOSell3,128$188.17$588,595.76View SEC Filing  
2/29/2016John C Turner JrInsiderSell3,625$181.54$658,082.50View SEC Filing  
12/16/2015Suzanne L HelenInsiderSell25,500$194.36$4,956,180.00View SEC Filing  
12/9/2015Chistopher WellbornCOOSell8,707$195.00$1,697,865.00View SEC Filing  
9/15/2015Brian CarsonInsiderSell900$207.03$186,327.00View SEC Filing  
9/3/2015Suzanne L HelenInsiderSell5,000$200.00$1,000,000.00View SEC Filing  
8/28/2015Suzanne L HelenInsiderSell10,000$197.50$1,975,000.00View SEC Filing  
6/18/2015Suzanne L HelenInsiderSell10,500$191.54$2,011,170.00View SEC Filing  
6/16/2015Cock Frans Georges DeDirectorSell3,000$189.88$569,640.00View SEC Filing  
6/10/2015Jeffrey S LorberbaumCEOSell42,471$189.79$8,060,571.09View SEC Filing  
6/10/2015Mark LorberbaumMajor ShareholderSell3,819$192.16$733,859.04View SEC Filing  
5/11/2015Chistopher WellbornCOOSell7,203$184.86$1,331,546.58View SEC Filing  
3/20/2015Suzanne L HelenInsiderSell28,125$179.72$5,054,625.00View SEC Filing  
3/17/2015Suzanne L HelenInsiderSell33,900$178.33$6,045,387.00View SEC Filing  
2/27/2015Brian CarsonInsiderSell1,870$186.86$349,428.20View SEC Filing  
2/25/2015John C Turner JrInsiderSell4,378$185.67$812,863.26View SEC Filing  
2/23/2015Chistopher WellbornCOOSell6,274$182.62$1,145,757.88View SEC Filing  
11/3/2014Frank H BoykinCFOSell1,400$142.44$199,416.00View SEC Filing  
9/5/2014John C Turner JrInsiderSell1,500$148.11$222,165.00View SEC Filing  
8/28/2014Chistopher WellbornCOOSell9,501$145.80$1,385,245.80View SEC Filing  
8/22/2014Bernard ThiersInsiderSell2,000$145.67$291,340.00View SEC Filing  
8/13/2014Brian CarsonInsiderSell2,012$135.00$271,620.00View SEC Filing  
8/11/2014Cock Frans Georges DeDirectorSell29,000$134.90$3,912,100.00View SEC Filing  
8/11/2014Frank H BoykinCFOSell1,025$135.00$138,375.00View SEC Filing  
5/27/2014Chistopher WellbornCOOSell3,844$137.97$530,356.68View SEC Filing  
5/27/2014John C Turner JrInsiderSell8,679$137.00$1,189,023.00View SEC Filing  
3/13/2014Mark Lorberbaummajor shareholderSell58,363$140.55$8,202,919.65View SEC Filing  
3/11/2014Chistopher WellbornCOOSell7,410$144.04$1,067,336.40View SEC Filing  
3/7/2014Brian CarsonInsiderSell1,868$144.61$270,131.48View SEC Filing  
2/26/2014Frank BoykinCFOSell4,800$141.30$678,240.00View SEC Filing  
2/26/2014John Turner, Jr.InsiderSell3,617$143.06$517,448.02View SEC Filing  
2/25/2014Mark Lorberbaummajor shareholderSell17,202$140.05$2,409,140.10View SEC Filing  
11/13/2013Chistopher WellbornCOOSell40,000$137.50$5,500,000.00View SEC Filing  
9/12/2013Mark LorberbaumMajor ShareholderSell20,000$128.66$2,573,200.00View SEC Filing  
8/5/2013Chistopher WellbornCOOSell50,000$129.54$6,477,000.00View SEC Filing  
8/5/2013Frank BoykinCFOSell34,035$129.79$4,417,402.65View SEC Filing  
5/29/2013Mark LorberbaumMajor ShareholderSell16,900$114.37$1,932,853.00View SEC Filing  
5/15/2013John F FiedlerDirectorSell1,000$119.34$119,340.00View SEC Filing  
5/14/2013Chistopher WellbornCOOSell10,000$120.10$1,201,000.00View SEC Filing  
2/26/2013John F FiedlerDirectorSell6,750$102.58$692,415.00View SEC Filing  
2/25/2013Brian CarsonInsiderSell1,668$104.11$173,655.48View SEC Filing  
12/3/2012David L KolbDirectorSell10,000$85.85$858,500.00View SEC Filing  
9/5/2012David L KolbDirectorSell8,000$72.13$577,040.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Mohawk Industries (NYSE:MHK)
DateHeadline
News IconAnalysts Peer Into Their Crystal Balls For Mohawk Industries, Inc. (NYSE:MHK): Where Is It headed? - Winfield Review (NYSE:MHK)
winfieldreview.com - February 20 at 5:54 PM
News IconSADIF Analytics releases new summary due diligence report for Mohawk Industries Inc ($MHK). (NYSE:MHK)
reports.pr-inside.com - February 16 at 6:07 PM
capitalcube.com logoMohawk Industries, Inc. :MHK-US: Earnings Analysis: 2016 By the Numbers : February 13, 2017 (NYSE:MHK)
www.capitalcube.com - February 13 at 7:40 PM
rttnews.com logoMohawk Industries Inc. (MHK) Broke Out To A New High After Q4 Profit Beat (NYSE:MHK)
www.rttnews.com - February 13 at 10:19 AM
News IconEarnings Reaction History: Mohawk Industries, Inc (NYSE:MHK)
prensariotiretail.com - February 11 at 12:22 AM
News IconMohawk Industries says flooring sales will continue rise in 2017 (NYSE:MHK)
www.woodworkingnetwork.com - February 11 at 12:22 AM
capitalcube.com logoMohawk Industries, Inc. :MHK-US: Earnings Analysis: Q4, 2016 By the Numbers : February 10, 2017 (NYSE:MHK)
us.rd.yahoo.com - February 11 at 12:22 AM
finance.yahoo.com logoEdited Transcript of MHK earnings conference call or presentation 10-Feb-17 4:00pm GMT (NYSE:MHK)
finance.yahoo.com - February 11 at 12:22 AM
thestreet.com logoFlooring Maker Mohawk Industries Is Not Lying Down (NYSE:MHK)
www.thestreet.com - February 10 at 7:21 PM
News IconMohawk Industries (NYSE:MHK) 4Q16 Profit Up 16%; Beats Street View (NYSE:MHK)
stockmarketdaily.co - February 10 at 5:47 AM
rttnews.com logoMohawk Industries Inc Q4 Income Rises 16% (NYSE:MHK)
www.rttnews.com - February 9 at 7:32 PM
biz.yahoo.com logoQ4 2016 Mohawk Industries Inc Earnings Release - After Market Close (NYSE:MHK)
us.rd.yahoo.com - February 9 at 7:32 PM
us.rd.yahoo.com logoMohawk Industries Reports Record Q4 And Full Year Results (NYSE:MHK)
us.rd.yahoo.com - February 9 at 7:32 PM
biz.yahoo.com logoMOHAWK INDUSTRIES INC Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:MHK)
us.rd.yahoo.com - February 9 at 7:32 PM
us.rd.yahoo.com logo4:22 pm Mohawk beats by $0.04, beats on revs; guides Q1 EPS in-line; We believe there are potential acquisitions in our current markets (NYSE:MHK)
us.rd.yahoo.com - February 9 at 7:32 PM
sg.finance.yahoo.com logoMohawk Industries beats Street 4Q forecasts (NYSE:MHK)
sg.finance.yahoo.com - February 9 at 7:32 PM
News IconAnalyst Research Update on Mohawk Industries, Inc. (NYSE:MHK) - Midway Monitor (NYSE:MHK)
midwaymonitor.com - February 8 at 7:24 PM
News IconMohawk Industries Inc Valuation – February 2017 $MHK (NYSE:MHK)
www.moderngraham.com - February 6 at 6:36 PM
News IconMohawk Industries Inc (MHK): What are the future prospects? (NYSE:MHK)
simplywall.st - February 5 at 6:18 PM
realistinvestor.com logoMohawk Industries, Inc. (NYSE:MHK) Analysts Rating At 1.45 - RealistInvestor.com (NYSE:MHK)
www.realistinvestor.com - February 3 at 5:27 AM
News IconEarnings in Full Force, Analysts Take Aim at Mohawk Industries, Inc. (NYSE:MHK) - Wall Street Beacon (NYSE:MHK)
wsbeacon.com - January 25 at 5:21 AM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: Mohawk Industries, Inc. (NYSE:MHK) - Wall Street Beacon (NYSE:MHK)
wsbeacon.com - January 22 at 11:23 PM
marketrealist.com logoMoody’s Upgrades Mohawk Industries’s Notes to ‘Baa1’ (NYSE:MHK)
marketrealist.com - January 17 at 6:53 PM
nasdaq.com logoXHB, WHR, TPX, MHK: Large Outflows Detected at ETF (NYSE:MHK)
www.nasdaq.com - January 17 at 11:47 AM
bizjournals.com logoBig S&P 500 manufacturer back for more with $140M project near Nashville (NYSE:MHK)
www.bizjournals.com - January 11 at 7:05 PM
moodys.com logoMohawk Industries, Inc. -- Moody's upgrades Mohawk's senior unsecured ratings to Baa1; outlook is stable (NYSE:MHK)
www.moodys.com - January 11 at 7:05 PM
4-traders.com logoMohawk Industries : Invites You to Join the Fourth Quarter 2016 Conference Call on the Web (NYSE:MHK)
www.4-traders.com - January 10 at 7:26 PM
News IconHigh Market Cap Stock of the Day – Mohawk Industries, Inc. (NYSE:MHK) (NYSE:MHK)
twincountynews.com - January 10 at 7:26 PM
us.rd.yahoo.com logoMohawk Industries, Inc. Invites You to Join the Fourth Quarter 2016 Conference Call on the Web (NYSE:MHK)
us.rd.yahoo.com - January 10 at 7:26 PM
4-traders.com logoMohawk Industries : Research Reports on Consumer Goods Equities -- Newell Brands, Clorox, Nova Lifestyle, and Mohawk Industries (NYSE:MHK)
www.4-traders.com - January 6 at 7:13 PM
finance.yahoo.com logoCoverage initiated on Mohawk by Barclays (NYSE:MHK)
finance.yahoo.com - January 6 at 7:12 PM
marketexclusive.com logoAnalyst Activity – Barclays PLC Initiates Coverage On Mohawk Industries (NYSE:MHK) With a Overweight (NYSE:MHK)
marketexclusive.com - January 6 at 1:00 AM
News IconIs Mohawk Industries, Inc. (NYSE:MHK), a large market cap stock a smart buy? (NYSE:MHK)
twincountynews.com - December 30 at 11:55 PM
nasdaq.com logoCommit To Buy Mohawk Industries At $120, Earn 2.6% Using Options - Nasdaq (NYSE:MHK)
www.nasdaq.com - December 28 at 11:27 PM
nasdaq.com logoCommit To Buy Mohawk Industries At $120, Earn 2.6% Using Options (NYSE:MHK)
www.nasdaq.com - December 28 at 6:27 PM
News IconStock Watch: FCF Score Check on Mohawk Industries, Inc. (NYSE:MHK) - The Business Journal (NYSE:MHK)
belmontbusinessjournal.com - December 21 at 7:22 PM
News IconStock in Focus: Mohawk Industries, Inc. (NYSE:MHK) - Marion Business Daily (NYSE:MHK)
marionbusinessdaily.com - December 21 at 9:06 AM
nasdaq.com logoKimball International, Inc. (KBAL) Ex-Dividend Date Scheduled for December 21 ... (NYSE:MHK)
www.nasdaq.com - December 20 at 12:27 PM
4-traders.com logoMohawk Industries : Group’s Light Lab Design Center Receives Petal Certification from International Living Future Institute (NYSE:MHK)
www.4-traders.com - December 19 at 10:29 AM
marketexclusive.com logoAnalyst Activity – Macquarie Reiterates Outperform on Mohawk Industries (NYSE:MHK) (NYSE:MHK)
marketexclusive.com - December 16 at 7:11 PM
biz.yahoo.com logoMOHAWK INDUSTRIES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial (NYSE:MHK)
biz.yahoo.com - December 13 at 6:58 PM
News IconTop Gainers of the Day: Mohawk Industries, Inc. (NYSE:MHK) from Home Furnishings & Fixtures (NYSE:MHK)
twincountynews.com - December 12 at 6:41 PM
News IconStock Update: Focusing on Shares of Mohawk Industries, Inc. (NYSE:MHK) - The Business Journal (NYSE:MHK)
belmontbusinessjournal.com - December 9 at 6:35 PM
News IconTechnical Buzz on Mohawk Industries, Inc. (NYSE:MHK) - The Business Journal (NYSE:MHK)
belmontbusinessjournal.com - December 7 at 11:32 PM
News IconStock Survey: Viewing Levels for Mohawk Industries, Inc. (NYSE:MHK) - The Business Journal (NYSE:MHK)
belmontbusinessjournal.com - December 5 at 6:39 PM
capitalcube.com logoMohawk Industries, Inc. – Value Analysis (NYSE:MHK) : December 5, 2016 (NYSE:MHK)
www.capitalcube.com - December 5 at 6:39 PM
marketexclusive.com logoEvercore ISI has upgraded the stock of Regions Financial Corp. (NYSE:RF) (NYSE:MHK)
marketexclusive.com - December 5 at 10:25 AM
News IconUpdate on Mohawk Industries, Inc. (NYSE:MHK) for the day (NYSE:MHK)
twincountynews.com - December 4 at 5:43 PM
News IconMohawk Industries, Inc. (NYSE:MHK) from Home Furnishings & Fixtures – Todays Top Gains (NYSE:MHK)
twincountynews.com - December 2 at 6:17 PM
capitalcube.com logoMohawk Industries, Inc. breached its 50 day moving average in a Bearish Manner : MHK-US : December 2, 2016 (NYSE:MHK)
www.capitalcube.com - December 2 at 9:37 AM

Social

What is Mohawk Industries' stock symbol?

Mohawk Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "MHK."

Where is Mohawk Industries' stock going? Where will Mohawk Industries' stock price be in 2017?

16 equities research analysts have issued 12 month price objectives for Mohawk Industries' shares. Their predictions range from $185.00 to $255.00. On average, they expect Mohawk Industries' share price to reach $235.45 in the next year.

When will Mohawk Industries announce their earnings?

Mohawk Industries is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

What are analysts saying about Mohawk Industries stock?

Here are some recent quotes from research analysts about Mohawk Industries stock:

  • According to Zacks Investment Research, "Mohawk’s fourth-quarter adjusted earnings and revenues beat the Zacks Consensus Estimate by 1.2% and 1.7%, respectively. Both the top and the bottom line increased 9.2% and 16% year over year, respectively, driven by higher sales across all segments. Highlights of the quarter include consistent organic growth trajectory (5–6% barring patents), stronger productivity benefits and pricing which offset increased raw material costs. These factors helped offset headwinds such as patent expiration, higher costs for startups and raw materials. The company is currently exploring numerous investment options for expansion, including Greenfield opportunities and acquisitions to broaden its geographic presence and product portfolio in order to boost its top line. Moreover, the 2017 guidance hints at solid growth and productivity. However, currency headwinds are expected to put revenues under pressure in the near term." (2/14/2017)

  • Stifel Nicolaus analysts commented, "In many ways, we view the 2017 outlook as a very typical year for Mohawk, which should demonstrate the company's ability to continue to drive margin expansion despite certain start-up expenses and the expected loss of IP earnings. Overall, management is expecting $100+ million of EBIT headwind in 2017, but as the company has over the years, there should be productivity gains, mix enhancements, and volume growth with acquisition growth to drive earnings. We are increasing our EBITDA estimate and target price, which is now $255, based on 12x our 2017 EBITDA estimate." (2/13/2017)

Who owns Mohawk Industries stock?

Mohawk Industries' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.80%), FMR LLC (3.44%), Ruane Cunniff & Goldfarb Inc. (2.48%), Dimensional Fund Advisors LP (1.23%), Bessemer Group Inc. (1.00%) and Alyeska Investment Group L.P. (0.77%). Company insiders that own Mohawk Industries stock include Bernard Thiers, Brian Carson, Chistopher Wellborn, Cock Frans Georges De, Frank H Boykin, James Brunk, Jeffrey S Lorberbaum, John C Turner Jr, Mark Lorberbaum, Rodney David Patton and Suzanne L Helen.

Who sold Mohawk Industries stock? Who is selling Mohawk Industries stock?

Mohawk Industries' stock was sold by a variety of institutional investors in the last quarter, including Ruane Cunniff & Goldfarb Inc., FMR LLC, Eton Park Capital Management L.P., Westwood Holdings Group Inc., Axiom International Investors LLC DE, AMF Pensionsforsakring AB, Guggenheim Capital LLC and Janus Capital Management LLC. Company insiders that have sold Mohawk Industries stock in the last year include Bernard Thiers, Brian Carson, Chistopher Wellborn, Cock Frans Georges De, Frank H Boykin, James Brunk, Jeffrey S Lorberbaum, John C Turner Jr, Rodney David Patton and Suzanne L Helen.

Who bought Mohawk Industries stock? Who is buying Mohawk Industries stock?

Mohawk Industries' stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Impala Asset Management LLC, State Street Corp, Asset Management One Co. Ltd., WS Management Lllp, Two Sigma Investments LP, Dimensional Fund Advisors LP and Systematic Financial Management LP.

How do I buy Mohawk Industries stock?

Shares of Mohawk Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Mohawk Industries stock cost?

One share of Mohawk Industries stock can currently be purchased for approximately $221.55.

Mohawk Industries (NYSE:MHK) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Mohawk Industries (NYSE:MHK)

Earnings History Chart

Earnings by Quarter for Mohawk Industries (NYSE:MHK)

Dividend History Chart

Dividend Payments by Quarter for Mohawk Industries (NYSE:MHK)

Last Updated on 2/21/2017 by MarketBeat.com Staff