NYSE:MHK - Mohawk Industries Stock Price, News, Headlines & Rumors

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

Mohawk Industries, Inc. (NYSE:MHK) announced its earnings results on Wednesday, July, 25th. The company reported $3.51 EPS for the quarter, missing the Zacks' consensus estimate of $3.90 by $0.39. The business had revenue of $2.58 billion for the quarter, compared to analysts' expectations of $2.59 billion. Mohawk Industries had a net margin of 9.34% and a return on equity of 14.35%. The firm's quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the company posted $3.72 earnings per share. View Mohawk Industries' Earnings History.

Mohawk Industries is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Mohawk Industries.

Mohawk Industries issued an update on its third quarter earnings guidance on Wednesday, July, 25th. The company provided earnings per share (EPS) guidance of $3.54-3.64 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.28.

17 equities research analysts have issued 12-month price objectives for Mohawk Industries' shares. Their forecasts range from $190.00 to $300.00. On average, they expect Mohawk Industries' stock price to reach $253.00 in the next year. This suggests a possible upside of 39.1% from the stock's current price. View Analyst Price Targets for Mohawk Industries.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mohawk Industries in the last year. There are currently 3 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mohawk Industries.

Some companies that are related to Mohawk Industries include Activision Blizzard (ATVI), Las Vegas Sands (LVS), ADIDAS AG/S (ADDYY), Marriott International (MAR), Electronic Arts (EA), NINTENDO Ltd/ADR (NTDOY), ORIENTAL Ld Co/ADR (OLCLY), SANDS CHINA Ltd/ADR (SCHYY), VF (VFC), Carnival (CCL), Luxottica Group (LUXTY), Sirius XM (SIRI), Panasonic (PCRFY), Rogers Communications Inc. Class B (RCI) and Royal Caribbean Cruises (RCL).

News articles about MHK stock have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mohawk Industries earned a media and rumor sentiment score of 0.08 on Accern's scale. They also gave news coverage about the company an impact score of 47.33 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Mohawk Industries.

Mohawk Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.39%), FMR LLC (3.71%), Dimensional Fund Advisors LP (1.55%), Standard Life Aberdeen plc (1.54%), Wells Fargo & Company MN (1.47%) and Epoch Investment Partners Inc. (1.08%). Company insiders that own Mohawk Industries stock include Bernard Thiers, Brian Carson, Chistopher Wellborn, Cock Frans Georges De, Filip Balcaen, Frank H Boykin, James Brunk, 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.

MHK stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., PNC Financial Services Group Inc., Morgan Stanley, FMR LLC, OppenheimerFunds Inc., KAMES CAPITAL plc, Vaughan Nelson Investment Management L.P. and Janus Henderson Group PLC. Company insiders that have sold Mohawk Industries company stock in the last year include Bernard Thiers, Chistopher Wellborn, Frank H Boykin, Jeffrey S Lorberbaum, John C Turner Jr and Rodney David Patton. View Insider Buying and Selling for Mohawk Industries.

MHK stock was purchased by a variety of institutional investors in the last quarter, including Epoch Investment Partners Inc., Long Pond Capital LP, Calamos Advisors LLC, Wells Fargo & Company MN, Canada Pension Plan Investment Board, TD Asset Management Inc., BlackRock Inc. and Standard Life Aberdeen plc. Company insiders that have bought Mohawk Industries stock in the last two years include Cock Frans Georges De, Filip Balcaen and William Henry Runge III. View Insider Buying and Selling for 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.

One share of MHK stock can currently be purchased for approximately $181.86.

Mohawk Industries has a market capitalization of $13.60 billion and generates $9.49 billion in revenue each year. The company earns $971.63 million in net income (profit) each year or $13.61 on an earnings per share basis. Mohawk Industries employs 38,800 workers across the globe.

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