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

$122.44
-3.21 (-2.55 %)
(As of 09/16/2019 04:00 PM ET)
Today's Range
$122.00
Now: $122.44
$125.62
50-Day Range
$110.11
MA: $119.02
$155.52
52-Week Range
$108.93
Now: $122.44
$189.20
Volume57,043 shs
Average Volume596,334 shs
Market Capitalization$8.83 billion
P/E Ratio9.93
Dividend YieldN/A
Beta1.33
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$18.9829 per share
Book Value$100.27 per share

Profitability

Net Income$861.70 million

Miscellaneous

Employees42,100
Market Cap$8.83 billion
Next Earnings Date10/24/2019 (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 approved a share repurchase program on Thursday, October 25th 2018, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 4.5% of its shares through open market purchases. Shares 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) issued its earnings results on Thursday, July, 25th. The company reported $2.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $0.02. The company earned $2.58 billion during the quarter, compared to analyst estimates of $2.65 billion. Mohawk Industries had a return on equity of 10.50% and a net margin of 7.79%. The firm's revenue was up .3% on a year-over-year basis. During the same quarter last year, the firm posted $3.51 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 Thursday, October 24th 2019. View Earnings Estimates for Mohawk Industries.

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

Mohawk Industries issued an update on its third quarter earnings guidance on Thursday, July, 25th. The company provided EPS guidance of $2.58-2.68 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.05.

What price target have analysts set for MHK?

19 brokers have issued twelve-month price objectives for Mohawk Industries' stock. Their predictions range from $115.00 to $210.00. On average, they anticipate Mohawk Industries' share price to reach $142.0613 in the next year. This suggests a possible upside of 16.0% from the stock's current price. View Analyst Price Targets for Mohawk Industries.

What is the consensus analysts' recommendation for Mohawk Industries?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mohawk Industries in the last year. There are currently 3 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?

Press coverage about MHK stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mohawk Industries earned a news impact score of 0.9 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Mohawk Industries.

Are investors shorting Mohawk Industries?

Mohawk Industries saw a decline in short interest in the month of August. As of August 31st, there was short interest totalling 4,345,900 shares, a decline of 14.8% from the July 31st total of 5,101,800 shares. Based on an average daily volume of 787,000 shares, the days-to-cover ratio is currently 5.5 days. Approximately 7.4% of the shares of the company are sold short. View Mohawk Industries' Current Options Chain.

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), Micron Technology (MU), NVIDIA (NVDA), Citigroup (C), Netflix (NFLX), Celgene (CELG), CVS Health (CVS) 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 number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.91%), BlackRock Inc. (5.95%), BlackRock Inc. (5.95%), JPMorgan Chase & Co. (2.87%), Pzena Investment Management LLC (2.73%) and Wells Fargo & Company MN (2.03%). Company insiders that own Mohawk Industries stock include Bernard Thiers, Brian Carson, Bruce Bruckmann, Chistopher Wellborn, Cock Paul F De, 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 Impala Asset Management LLC, Quest Capital Management Inc. ADV, Aviva PLC, Prudential Financial Inc., UBS Group AG, Morgan Stanley, Giverny Capital Inc. and Global Thematic Partners LLC. Company insiders that have sold Mohawk Industries company stock in the last year include Bernard Thiers, Cock Paul F De, 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 Nuveen Asset Management LLC, Pzena Investment Management LLC, JPMorgan Chase & Co., Wells Fargo & Company MN, Balyasny Asset Management LLC, Strs Ohio, Wafra Inc. and Anchor Capital Advisors LLC. Company insiders that have bought Mohawk Industries stock in the last two years include Brian Carson, Bruce Bruckmann, 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, Robinhood, Fidelity and Charles Schwab.

What is Mohawk Industries' stock price today?

One share of MHK stock can currently be purchased for approximately $122.43.

How big of a company is Mohawk Industries?

Mohawk Industries has a market capitalization of $8.83 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:  2.9 out of 5 (star star)
Outperform Votes:  519 (Vote Outperform)
Underperform Votes:  364 (Vote Underperform)
Total Votes:  883
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 9/16/2019 by MarketBeat.com Staff

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