NYSE:MHK - Mohawk Industries Stock Price, News, & Analysis

$151.12
-1.16 (-0.76 %)
(As of 06/17/2019 10:43 AM ET)
Today's Range
$150.60
Now: $151.1250
$152.83
50-Day Range
$127.00
MA: $139.23
$150.26
52-Week Range
$109.35
Now: $151.1250
$228.49
Volume104,837 shs
Average Volume704,660 shs
Market Capitalization$10.94 billion
P/E Ratio12.26
Dividend YieldN/A
Beta1.41
Mohawk Industries, Inc designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide. It operates through three segments: Global Ceramic, Flooring North America (Flooring NA), and Flooring Rest of the World (Flooring ROW). The Global Ceramic segment provides a range of ceramic tile, porcelain tile, and natural stone products; and sources, markets, and distributes other tile related products. Read More…

Industry, Sector and Symbol

Industry Carpets & rugs
Sub-IndustryHome Furnishings
SectorConsumer Discretionary
CUSIP60819010
Phone706-629-7721

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.98 billion
Cash Flow$19.3008 per share
Book Value$100.27 per share

Profitability

Net Income$861.70 million

Miscellaneous

Employees42,100
Market Cap$10.94 billion
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

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Mohawk Industries (NYSE:MHK) Frequently Asked Questions

What is Mohawk Industries' stock symbol?

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

How will Mohawk Industries' stock buyback program work?

Mohawk Industries declared that its board has authorized a stock repurchase program on Thursday, October 25th 2018, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 4.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

How were Mohawk Industries' earnings last quarter?

Mohawk Industries, Inc. (NYSE:MHK) posted its quarterly earnings results on Thursday, April, 25th. The company reported $2.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.07 by $0.06. The company had revenue of $2.44 billion for the quarter, compared to analysts' expectations of $2.50 billion. Mohawk Industries had a net margin of 7.73% and a return on equity of 11.36%. The company's revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period in the prior year, the business earned $3.01 earnings per share. View Mohawk Industries' Earnings History.

When is Mohawk Industries' next earnings date?

Mohawk Industries is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Mohawk Industries.

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

Mohawk Industries updated its second quarter earnings guidance on Thursday, April, 25th. The company provided earnings per share (EPS) guidance of $2.81-2.91 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.13. Mohawk Industries also updated its Q2 2019 guidance to $2.81-2.91 EPS.

What price target have analysts set for MHK?

20 analysts have issued 1-year price objectives for Mohawk Industries' stock. Their predictions range from $105.00 to $225.00. On average, they expect Mohawk Industries' share price to reach $150.4106 in the next twelve months. This suggests that the stock has a possible downside of 1.0%. View Analyst Price Targets for Mohawk Industries.

What is the consensus analysts' recommendation for Mohawk Industries?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mohawk Industries in the last year. There are currently 4 sell ratings, 8 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mohawk Industries.

Has Mohawk Industries been receiving favorable news coverage?

News articles about MHK stock have trended somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mohawk Industries earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Mohawk Industries.

Who are some of Mohawk Industries' key competitors?

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 Alibaba Group (BABA), Home Depot (HD), Broadcom (AVGO), NVIDIA (NVDA), Micron Technology (MU), Netflix (NFLX), Celgene (CELG), Citigroup (C), Tile Shop (TTS) and Visa (V).

Who are Mohawk Industries' key executives?

Mohawk Industries' management team includes the folowing people:
  • Mr. Jeffrey S. Lorberbaum, Chairman & CEO (Age 64)
  • Mr. William Christopher Wellborn, Pres, COO & Director (Age 63)
  • Mr. Bernard P. Thiers, Pres of Unilin - Flooring Rest of World (Age 63)
  • Mr. Frank H. Boykin, Sr. Consultant (Age 64)
  • Mr. Glenn Rodney Landau, Exec. VP & CFO (Age 50)

Who are Mohawk Industries' major shareholders?

Mohawk Industries' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.81%), FMR LLC (4.79%), JPMorgan Chase & Co. (2.54%), First Pacific Advisors LP (2.26%), Pzena Investment Management LLC (1.88%) and Wells Fargo & Company MN (1.80%). Company insiders that own Mohawk Industries stock include Bernard Thiers, Brian Carson, Chistopher Wellborn, Filip Balcaen, Frank H Boykin, Jeffrey S Lorberbaum, John C Turner Jr, Rodney David Patton, Suzanne L Helen and William Henry Runge III. View Institutional Ownership Trends for Mohawk Industries.

Which major investors are selling Mohawk Industries stock?

MHK stock was sold by a variety of institutional investors in the last quarter, including First Pacific Advisors LP, Thompson Siegel & Walmsley LLC, Calamos Advisors LLC, Duality Advisers LP, Thornburg Investment Management Inc., Global Thematic Partners LLC, Nordea Investment Management AB and Principal Financial Group Inc.. Company insiders that have sold Mohawk Industries company stock in the last year include Bernard Thiers, Jeffrey S Lorberbaum, Rodney David Patton and Suzanne L Helen. View Insider Buying and Selling for Mohawk Industries.

Which major investors are buying Mohawk Industries stock?

MHK stock was purchased by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, FMR LLC, Impala Asset Management LLC, Amundi Pioneer Asset Management Inc., Tocqueville Asset Management L.P., CIBC Private Wealth Group LLC, Douglass Winthrop Advisors LLC and Markel Corp. Company insiders that have bought Mohawk Industries stock in the last two years include Brian Carson, Filip Balcaen and William Henry Runge III. View Insider Buying and Selling for Mohawk Industries.

How do I buy shares of Mohawk Industries?

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

What is Mohawk Industries' stock price today?

One share of MHK stock can currently be purchased for approximately $151.86.

How big of a company is Mohawk Industries?

Mohawk Industries has a market capitalization of $11.00 billion and generates $9.98 billion in revenue each year. The company earns $861.70 million in net income (profit) each year or $12.33 on an earnings per share basis. Mohawk Industries employs 42,100 workers across the globe.View Additional Information About Mohawk Industries.

What is Mohawk Industries' official website?

The official website for Mohawk Industries is http://www.mohawkind.com/.

How can I contact Mohawk Industries?

Mohawk Industries' mailing address is 160 S. Industrial Blvd., CALHOUN GA, 30701. The company can be reached via phone at 706-629-7721.


MarketBeat Community Rating for Mohawk Industries (NYSE MHK)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  505 (Vote Outperform)
Underperform Votes:  345 (Vote Underperform)
Total Votes:  850
MarketBeat's community ratings are surveys of what our community members think about Mohawk Industries and other stocks. Vote "Outperform" if you believe MHK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MHK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/17/2019 by MarketBeat.com Staff

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