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NYSE:MHK

Mohawk Industries (MHK) Stock Price, News & Analysis

$115.76
-1.65 (-1.41%)
(As of 05/23/2024 ET)
Today's Range
$114.49
$117.82
50-Day Range
$108.08
$130.89
52-Week Range
$76.02
$131.19
Volume
534,017 shs
Average Volume
620,639 shs
Market Capitalization
$7.39 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$121.33

Mohawk Industries MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
4.8% Upside
$121.33 Price Target
Short Interest
Healthy
3.24% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.29
Upright™ Environmental Score
News Sentiment
0.92mentions of Mohawk Industries in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$185,360 Sold Last Quarter
Proj. Earnings Growth
16.53%
From $9.68 to $11.28 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.22 out of 5 stars

Consumer Discretionary Sector

57th out of 256 stocks

Carpets & Rugs Industry

2nd out of 2 stocks

MHK stock logo

About Mohawk Industries Stock (NYSE:MHK)

Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World. The company provides ceramic, porcelain, and natural stone tiles products for floor and wall applications; natural stones, porcelain slabs, and quartz countertops, as well as installation materials; floor covering products comprising broadloom carpets, carpet tiles, rugs and mats, carpet pads, laminates, medium-density fiberboards, wood floorings, luxury vinyl tiles, and sheet vinyl; and roofing panels, insulation boards, mezzanine flooring products, medium-density fiberboard, and chipboards. It also licenses its intellectual property to flooring manufacturers. The company sells its products under the American Olean, Daltile, Decortiles, Eliane, EmilGroup, KAI, Kerama Marazzi, Marazzi, Ragno, Aladdin Commercial, Durkan, Foss, IVC, Karastan, Mohawk, Mohawk Group, Mohawk Home, Pergo, Portico, Quick-Step, Feltex, GH Commercial, Godfrey Hirst, Hycraft, IVC Commercial, IVC Home, Lentex, Leoline, and Moduleo, Redbook, Unilin, and Vitromex brands. It offers its products to company-owned service centers and stores, company-operated distributors, floor covering retailers, wholesalers, mass merchandisers, department stores, shop at home, buying groups, ceramic tile specialists, e-commerce retailers, residential builders, independent distributors, commercial contractors, and commercial end users. The company was incorporated in 1988 and is headquartered in Calhoun, Georgia.

MHK Stock Price History

MHK Stock News Headlines

Leggett & Platt Earnings: What To Look For From LEG
Q1 2024 Mohawk Industries Inc Earnings Call
Mohawk Industries: Q1 Earnings Snapshot
Mohawk Industries (NYSE:MHK) Beats Q1 Sales Targets
Mohawk Industries Reports Q1 Results
What Wall Street expects from Mohawk Industries's earnings
MHK Apr 2024 100.000 call
MHK Apr 2024 110.000 call
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Today
5/23/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Carpets & rugs
Sub-Industry
Home Furnishings
CUSIP
60819010
Employees
43,300
Year Founded
1878

Price Target and Rating

Average Stock Price Target
$121.33
High Stock Price Target
$152.00
Low Stock Price Target
$93.00
Potential Upside/Downside
+4.8%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$-439,520,000.00
Pretax Margin
-3.01%

Debt

Sales & Book Value

Annual Sales
$11.01 billion
Cash Flow
$31.89 per share
Book Value
$119.75 per share

Miscellaneous

Free Float
52,942,000
Market Cap
$7.39 billion
Optionable
Optionable
Beta
1.35

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Key Executives


MHK Stock Analysis - Frequently Asked Questions

Should I buy or sell Mohawk Industries stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mohawk Industries in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MHK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MHK, but not buy additional shares or sell existing shares.
View MHK analyst ratings
or view top-rated stocks.

What is Mohawk Industries' stock price target for 2024?

9 analysts have issued 12 month price objectives for Mohawk Industries' stock. Their MHK share price targets range from $93.00 to $152.00. On average, they expect the company's share price to reach $121.33 in the next year. This suggests a possible upside of 4.8% from the stock's current price.
View analysts price targets for MHK
or view top-rated stocks among Wall Street analysts.

How have MHK shares performed in 2024?

Mohawk Industries' stock was trading at $103.50 at the beginning of 2024. Since then, MHK stock has increased by 11.8% and is now trading at $115.76.
View the best growth stocks for 2024 here
.

When is Mohawk Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our MHK earnings forecast
.

How were Mohawk Industries' earnings last quarter?

Mohawk Industries, Inc. (NYSE:MHK) announced its quarterly earnings data on Thursday, April, 25th. The company reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates of $1.70 by $0.16. The company had revenue of $2.68 billion for the quarter, compared to analysts' expectations of $2.64 billion. Mohawk Industries had a negative net margin of 3.77% and a positive trailing twelve-month return on equity of 7.72%. The firm's revenue for the quarter was down 4.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.75 EPS.
Read the conference call transcript
.

What guidance has Mohawk Industries issued on next quarter's earnings?

Mohawk Industries updated its second quarter 2024 earnings guidance on Thursday, April, 25th. The company provided earnings per share guidance of 2.680-2.780 for the period, compared to the consensus EPS estimate of 2.680. The company issued revenue guidance of -.

What is Jeffrey S. Lorberbaum's approval rating as Mohawk Industries' CEO?

212 employees have rated Mohawk Industries Chief Executive Officer Jeffrey S. Lorberbaum on Glassdoor.com. Jeffrey S. Lorberbaum has an approval rating of 67% among the company's employees.

What other stocks do shareholders of Mohawk Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mohawk Industries investors own include NVIDIA (NVDA), Bank of America (BAC), Home Depot (HD), Micron Technology (MU), Broadcom (AVGO), Johnson & Johnson (JNJ), Alibaba Group (BABA), CVS Health (CVS), JPMorgan Chase & Co. (JPM) and Cisco Systems (CSCO).

Who are Mohawk Industries' major shareholders?

Mohawk Industries' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.80%), Ariel Investments LLC (2.93%), Pzena Investment Management LLC (2.29%), ARGA Investment Management LP (0.80%), Heartland Advisors Inc. (0.63%) and Gendell Jeffrey L (0.52%). Insiders that own company stock include Chistopher Wellborn, James Brunk, Jeffrey S Lorberbaum, Rodney David Patton and Suzanne L Helen.
View institutional ownership trends
.

How do I buy shares of Mohawk Industries?

Shares of MHK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Mohawk Industries have any subsidiaries?
The following companies are subsidiares of Mohawk Industries: A&S Energie NV, A&U Energie NV, Aladdin Manufacturing Corporation, Aladdin Manufacturing Of New York LLC, Aladdin Manufacturing of Alabama LLC, Alsace Logistique S.A., Avelgem Green Power CVBA, Avon Pacific Holdings Ltd, B&M NV, BGE Mexico S. de R. L. de C.V., Berghoef GmbH, Berghoef-Hout B.V., Bienes Raices y Materiales del Centro S. de R.L. de C.V., C.F. Marazzi S.A., Canterbury Spinners Ltd, Carpet Foundation Ltd, Cevotrans BV, Céramus Bahia S/A – Produtos Cerâmicos, DT Mex Holdings LLC, DTM/CM Holdings LLC, Dal Italia LLC, Dal-Elit LLC, Dal-Tile Chile Comercial Limitada, Dal-Tile Colombia S.A.S., Dal-Tile Distribution Inc., Dal-Tile Group Inc., Dal-Tile I LLC, Dal-Tile Industrias S. de R.L. de C.V., Dal-Tile International Inc., Dal-Tile Mexico Comercial S. de R.L. de C.V., Dal-Tile Mexico S. de R.L. de C.V., Dal-Tile Operaciones Mexico S. De R.L. De C.V., Dal-Tile Perú SRL, Dal-Tile Puerto Rico Inc., Dal-Tile Services Inc., Dal-Tile Shared Services Inc., Dal-Tile Tennessee LLC, Dal-Tile of Canada ULC, Daltile, Daltile, Dekaply NV, Durkan, Dynea NV, Eliane Argentina Sociedad Anonima, Eliane S/A - Revestimentos Cerâmicos, Emilceramica India Pvt Ltd., Emilceramica S.r.l, Emilgermany GmbH, Emilgroup Asia Ltd, Explorer S.r.l., F.I.L.S. Investments Unlimited Company, Feltex Carpets Ltd, Feltex Carpets Pty Ltd, Feltex New Zealand Ltd, Fibremakers Australia Pty Ltd, Flooring Foundation Ltd, Flooring Industries Limited S.à r.l., Flooring XL B.V., Floorscape Limited, Godfrey Hirst & Co Pty Ltd, Godfrey Hirst (Singapore) Pte Ltd, Godfrey Hirst Australia Pty Ltd, Godfrey Hirst Group, Godfrey Hirst NZ Ltd, Hytherm (Ireland) Limited, IVC BVBA, IVC Far-East Trading (Shanghai) Co. Ltd., IVC France S.à r.l., IVC GROUP LIMITED, IVC Green Power NV, IVC Group, IVC Group GmbH, IVC Luxembourg S.à r.l., IVC Rus OOO, IVC US Inc., International Flooring Systems S.à r.l., International Vinyl Company - Vostok OOO, KAI Group, KAI Keramica Ltd, KAI Mining EOOD, KERAMA CENTER OOO, Kerama Baltics OOO, Kerama Export OOO, Kerama Marazzi OOO, Kerampromservis (LLC), Khan Asparuh - Transport EOOD, Khan Asparuh AD, Khan Omurtag AD, Koninklijke Peitsman B.V., Kraj Kerama OOO, MG China Trading Ltd., MI Finance SRL, MUD (Holding) Brazil Ltda., Management Co EAD, Marazzi Acquisition S.r.l., Marazzi Deutschland G.m.b.H., Marazzi France Trading S.A.S., Marazzi Group, Marazzi Group F.Z.E., Marazzi Group S.r.l., Marazzi Group Trading (Shanghai) Co. Ltd., Marazzi Iberia S.L.U., Marazzi Japan Co. Ltd., Marazzi Middle East FZ LLC, Marazzi Schweiz S.A.G.L., Marazzi UK Ltd., Mohawk Assurance Services Inc., Mohawk Australia Pty Ltd, Mohawk Canada Corporation, Mohawk Capital Finance S.A., Mohawk Capital Luxembourg SA, Mohawk Carpet Distribution Inc., Mohawk Carpet Foundation Inc., Mohawk Carpet LLC, Mohawk Carpet Transportation Of Georgia LLC, Mohawk Commercial Inc., Mohawk ESV Inc., Mohawk Europe BVBA, Mohawk Factoring II Inc., Mohawk Factoring LLC, Mohawk Finance S.à r.l., Mohawk Foreign Acquisitions S.à r.l., Mohawk Foreign Funding S.a.r.l, Mohawk Foreign Holdings S.à r.l., Mohawk Foreign Investments Inc., Mohawk Global Investments S.à r.l., Mohawk Holdings International B.V., Mohawk Industries Inc., Mohawk International (Europe) S.à r.l., Mohawk International (Hong Kong) Limited, Mohawk International Capital N.V., Mohawk International Financing S.a.r.l, Mohawk International Holdings (DE) LLC, Mohawk International Holdings S.à r.l., Mohawk International Luxembourg S.à r.l., Mohawk International Netherlands B.V., Mohawk International Services BVBA, Mohawk KAI Luxembourg Holding S.à r.l., Mohawk KAI Luxembourg S.à r.l., Mohawk Luxembourg Capital S.A., Mohawk Luxembourg Financing S.à r.l., Mohawk Luxembourg Holdings S.à r.l., Mohawk Luxembourg Investments S.à r.l., Mohawk Luxembourg Pacific S.à r.l., Mohawk Marazzi International BV, Mohawk Marazzi Russia BV, Mohawk New Zealand Limited, Mohawk Operaciones Mexicali S. de R.L. de C.V., Mohawk Operations Luxembourg S.à r.l., Mohawk Pacific Investments S.à r.l., Mohawk Resources LLC, Mohawk Servicing LLC, Mohawk Singapore Private Limited, Mohawk Trading (Shanghai) Co. Ltd, Mohawk Unilin Luxembourg S.à r.l., Mohawk United Finance B.V., Mohawk United International B.V., Mohawk Vinyl Financing S.à r.l., Molber Beheer B.V., Monarch Ceramic Tile Inc., P.F. Onroerend Goed B.V., PF Beheer B.V., Pergo, Pergo (Europe) AB, Pergo Holding BV, Pergo India Pvt Ltd, Polcolorit S.A., Premium Floors Australia Pty Limited, RR Apex LLC, Rata International Pty Ltd, Recubrimientos Interceramica S. de R.L. de C.V., Riverside Textiles Pty Ltd, S.C. KAI Ceramics SRL, Sibir Kerama OOO, SimpleSolutions USA LLC, Soft Step (Australia) Pty Ltd, Spano Group, Spano Invest BVBA, Spano NV, Stroyagromekhzapchast ChaO, Stroytrans OAO Orelstroy, Summit Wool Spinners Ltd, The Flooring Federation Ltd, Tiles Co OOD, Unilin (Malaysia) Sdn. Bhd., Unilin ApS, Unilin Arauco Pisos Ltda., Unilin BVBA, Unilin Beheer BV, Unilin Distribution Ltd., Unilin Distribution Ukraine LLC, Unilin Finland OY, Unilin Flooring India Private Limited, Unilin Flooring SAS, Unilin GmbH, Unilin Holding BVBA, Unilin Insulation BV, Unilin Insulation SAS, Unilin Insulation Sury SAS, Unilin Italia S.R.L., Unilin North America LLC, Unilin Norway AS, Unilin OOO, Unilin Panels SAS, Unilin Poland Sp.Z.o.o., Unilin SAS, Unilin Spain SL, Unilin Swiss GmbH, Unilin s.r.o., World International Inc., Xtratherm, Xtratherm Limited, Xtratherm S.A., and Xtratherm UK Limited.
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This page (NYSE:MHK) was last updated on 5/24/2024 by MarketBeat.com Staff

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