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

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$129.51 +0.94 (+0.73 %)
(As of 03/19/2019 01:36 AM ET)
Previous Close$128.57
Today's Range$128.13 - $129.85
52-Week Range$109.35 - $249.65
Volume545,300 shs
Average Volume1.03 million shs
Market Capitalization$9.36 billion
P/E Ratio10.50
Dividend YieldN/A
Beta1.53
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. This segment markets and distributes its products under the American Olean, Daltile, Eliane, EmilGroup, KAI, Kerama Marazzi, Marazzi, and Ragno brands. The Flooring NA segment offers floor covering product lines in a range of colors, textures, and patterns, including carpets, carpet tiles, rugs and mats, carpet pads, hardwood, laminate, medium-density fiberboards, luxury vinyl tiles, and sheet vinyl products. This segment markets and distributes its flooring products under the Aladdin Commercial, Durkan, IVC, Karastan, Mohawk, Mohawk Group, Mohawk Home, Pergo, Portico, Quick-Step, and SmartStrand brands. The Flooring ROW segment provides hardwood flooring and vinyl flooring, as well as roofing elements, insulation boards, and chipboards products under the Balterio, Feltex, Godfrey Hirst, Hycraft, Itec, IVC, Leoline, Moduleo, Pergo, Quick-Step, and Unilin and Xtratherm brands; and licenses patents related to flooring manufacturers. The company sells its products through independent distributors, home centers, company-operated service centers and stores, floor covering retailers, ceramic specialists, commercial contractors, commercial end users, mass merchandisers, department stores, e-commerce retailers, shop at home, buying groups, retailers, and wholesalers, as well as private labeling programs. Mohawk Industries, Inc. was founded in 1988 and is headquartered in Calhoun, Georgia.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryHome Furnishings
SectorConsumer Discretionary
CUSIP60819010
Phone706-629-7721

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.98 billion
Cash Flow$18.9066 per share
Book Value$100.27 per share

Profitability

Net Income$861.70 million

Miscellaneous

Employees42,100
Market Cap$9.36 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

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 buyback program on Thursday, October 25th 2018, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 4.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

How were Mohawk Industries' earnings last quarter?

Mohawk Industries, Inc. (NYSE:MHK) issued its earnings results on Thursday, February, 7th. The company reported $2.53 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.49 by $0.04. The company had revenue of $2.45 billion for the quarter, compared to analysts' expectations of $2.43 billion. Mohawk Industries had a net margin of 8.63% and a return on equity of 12.40%. The firm's revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the prior year, the business earned $3.42 EPS. 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, April 25th 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 first quarter earnings guidance on Thursday, February, 7th. The company provided EPS guidance of $2.02-2.12 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.29. Mohawk Industries also updated its Q1 2019 guidance to $2.02-2.12 EPS.

What price target have analysts set for MHK?

19 brokerages have issued 1 year target prices for Mohawk Industries' shares. Their predictions range from $105.00 to $268.00. On average, they expect Mohawk Industries' share price to reach $162.75 in the next twelve months. This suggests a possible upside of 25.7% 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 5 sell ratings, 8 hold ratings and 6 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 on Tuesday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mohawk Industries earned a news impact score of 1.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

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), Micron Technology (MU), Celgene (CELG), Home Depot (HD), NVIDIA (NVDA), Visa (V), Citigroup (C), General Electric (GE), Netflix (NFLX) and Exxon Mobil (XOM).

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. Frank H. Boykin, CFO & VP of Fin. (Age 64)
  • Mr. Bernard P. Thiers, Pres of Unilin - Flooring Rest of World (Age 63)
  • Mr. James F. Brunk, Chief Accounting Officer, VP & Corp. Controller (Age 54)

Who are Mohawk Industries' major shareholders?

Mohawk Industries' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.69%), FMR LLC (3.86%), Dimensional Fund Advisors LP (1.59%), Fir Tree Capital Management LP (1.41%), Two Sigma Advisers LP (1.41%) and Geode Capital Management LLC (1.14%). Company insiders that own Mohawk Industries stock include Bernard Thiers, Brian Carson, Chistopher Wellborn, Cock Frans Georges 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 institutional investors are selling Mohawk Industries stock?

MHK stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Principal Financial Group Inc., Nicholas Company Inc., Global Thematic Partners LLC, Hound Partners LLC, Lord Abbett & CO. LLC, London Co. of Virginia and Dupont Capital Management Corp. 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 institutional investors are buying Mohawk Industries stock?

MHK stock was acquired by a variety of institutional investors in the last quarter, including Fir Tree Capital Management LP, Brandywine Global Investment Management LLC, Norges Bank, FMR LLC, Two Sigma Advisers LP, Douglass Winthrop Advisors LLC, Massachusetts Financial Services Co. MA and Thornburg Investment Management Inc.. 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 $129.51.

How big of a company is Mohawk Industries?

Mohawk Industries has a market capitalization of $9.36 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.

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:  490 (Vote Outperform)
Underperform Votes:  326 (Vote Underperform)
Total Votes:  816
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 3/19/2019 by MarketBeat.com Staff

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