Mohawk Industries, Inc. (MHK)

NYSE: MHK · Real-Time Price · USD
148.38
-1.48 (-0.99%)
Sep 11, 2024, 4:00 PM EDT - Market closed
-0.99%
Market Cap 9.37B
Revenue (ttm) 10.86B
Net Income (ttm) -358.52M
Shares Out 63.12M
EPS (ttm) -5.63
PE Ratio n/a
Forward PE 13.71
Dividend n/a
Ex-Dividend Date n/a
Volume 591,507
Open 148.41
Previous Close 149.86
Day's Range 145.00 - 149.51
52-Week Range 76.02 - 164.06
Beta 1.37
Analysts Buy
Price Target 156.58 (+5.53%)
Earnings Date Oct 24, 2024

About 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... [Read more]

IPO Date Apr 1, 1992
Employees 43,300
Stock Exchange NYSE
Ticker Symbol MHK
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for MHK stock is "Buy." The 12-month stock price forecast is $156.58, which is an increase of 5.53% from the latest price.

Price Target
$156.58
(5.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mohawk Industries Names Mauro Vandini President – Global Ceramic Segment

CALHOUN, Ga., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced the promotion of Mauro Vandini as President of the Company's Global Ceramic Segment, effective Sept...

6 days ago - GlobeNewsWire

Mohawk Industries: Stay Buy Rated Due To Positive Growth And Margin Expansion Outlook

I stay buy-rated with a new price target of $198. 2Q24 earnings showed strong margin expansion despite revenue decline, management efforts to drive adj. EBIT margins to >10% are working. Growth outloo...

4 weeks ago - Seeking Alpha

Earnings and a Bullish Upgrade Sent This Flooring Company's Stock Flying

Shares of Mohawk Industries (MHK) surged Friday after the company reported second-quarter financial results — and got a bullish pat on the back from analysts at Bank of America.

6 weeks ago - Investopedia

Mohawk Industries, Inc. (MHK) Q2 2024 Earnings Call Transcript

Mohawk Industries, Inc. (NYSE:MHK) Q2 2024 Earnings Conference Call July 26, 2024 11:00 AM ET Company Participants James Brunk - CFO Jeffrey Lorberbaum - Chairman & CEO Chris Wellborn - President, CO...

6 weeks ago - Seeking Alpha

Mohawk Industries' stock rallies as flooring-products maker draws upgrade on boosted profit view

Mohawk Industries Inc.'s stock jumped 17% on Friday after the maker of flooring products said it would beat analyst estimates for its third quarter and revealed plans to cut more costs, and after draw...

6 weeks ago - Market Watch

Mohawk Industries Reports Q2 Results

CALHOUN, Ga., July 25, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced second quarter 2024 net earnings of $157 million and earnings per share (“EPS”) of $2.46; adjusted n...

6 weeks ago - GlobeNewsWire

Mohawk Industries: Still Comfortable With A 'Hold' Rating As Earnings Near

Shares of Mohawk Industries have done quite well over the past year or so, but they have underperformed the broader market. Revenue for the company has declined, but bottom-line results are finally sh...

7 weeks ago - Seeking Alpha

Mohawk Highlights Sustainability Progress in 2023 Impact Report

CALHOUN, Ga., July 16, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today published its 15th annual impact report, Surfaces with Purpose, which documents the Company's 2023 progress to...

2 months ago - GlobeNewsWire

Home builders, flooring companies and pool maker stocks rally as CPI data boosts rate-cut hopes

Home builder stocks were rallying across the board on Thursday, after government data showed U.S. consumer prices falling for the first time in more than four years, boosting hopes the Federal Reserve...

2 months ago - Market Watch

Mohawk Industries, Inc. Invites You to Join the Second Quarter 2024 Earnings Conference Call

CALHOUN, Ga., June 28, 2024 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Second Quarter 2024 earnings release on Thursday, July 25, 2024, you are invited to listen to th...

2 months ago - GlobeNewsWire

Bet on the middle class and M&A with these stocks as Dow nears 40,000, says value manager

Cheap industrials and companies that cater to middle class Americans may be the way forward for investors, as the Dow Jones Industrial Average flirts with 40,000.

Other symbols: APABWAPHINREZI
4 months ago - Market Watch

Mohawk Industries: Upgrade To Buy On Clearer View Of Recovery

I upgraded my recommendation on Mohawk Industries to buy due to a clearer picture of recovery. Recent earnings showed improvement in sales decline and volume growth, with cost-cutting efforts leading ...

4 months ago - Seeking Alpha

Mohawk Industries, Inc. (MHK) Q1 2024 Earnings Call Transcript

Mohawk Industries, Inc. (NYSE:MHK) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Company Participants James Brunk - Chief Financial Officer Jeff Lorberbaum - Chairman and Chief Executiv...

4 months ago - Seeking Alpha

Mohawk Industries Reports Q1 Results

CALHOUN, Ga., April 25, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced first quarter 2024 net earnings of $105 million and earnings per share (“EPS”) of $1.64; adjusted n...

4 months ago - GlobeNewsWire

Mohawk Industries, Inc. Invites You to Join the First Quarter 2024 Earnings Conference Call

CALHOUN, Ga., April 05, 2024 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) First Quarter 2024 earnings release on Thursday, April 25, 2024, you are invited to listen to t...

5 months ago - GlobeNewsWire

2 Popular Dividend Stocks That Could Cut The Cheese

Some sub-sectors of the market are facing severe challenges. Even some blue chips are at risk of a dividend cut. We highlight 2 popular dividend stock that could cut soon.

Other symbols: HVTLEGTPXWHR
7 months ago - Seeking Alpha

Mohawk Industries, Inc. (MHK) Q4 2023 Earnings Call Transcript

Mohawk Industries, Inc. (MHK) Q4 2023 Earnings Call Transcript

7 months ago - Seeking Alpha

Mohawk Industries Reports Q4 Results

CALHOUN, Ga., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced fourth quarter 2023 net earnings of $139 million and earnings per share (“EPS”) of $2.18; adjusted n...

7 months ago - GlobeNewsWire

Mohawk Industries, Inc. Invites You to Join the Fourth Quarter 2023 Earnings Conference Call

CALHOUN, Ga., Jan. 08, 2024 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Fourth Quarter 2023 earnings release on Thursday, February 8, 2024, you are invited to listen to...

8 months ago - GlobeNewsWire

Mohawk Industries: Underappreciated Margins Hidden Behind Macro Woes

Mohawk Industries operates in a U.S. duopoly through past roll-up acquisitions. They are now directing this strategy towards emerging markets. The company has bought back 15% of its shares since 2017 ...

8 months ago - Seeking Alpha

10 stocks of consumer companies expected to grow sales the fastest through 2025

Each earnings season, most publicly traded companies will report results that beat analysts' consensus estimates for sales and earnings. Positive “surprises” are set up and expected, with a typical “b...

10 months ago - Market Watch

Mohawk Industries, Inc. (MHK) Q3 2023 Earnings Call Transcript

Mohawk Industries, Inc. (NYSE:MHK) Q3 2023 Earnings Conference Call October 27, 2023 11:00 AM ET Company Participants James Brunk - Chief Financial Officer Jeff Lorberbaum - Chairman and CEO Chris We...

11 months ago - Seeking Alpha

Mohawk Industries Reports Q3 Results

CALHOUN, Ga., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced a third quarter 2023 net loss of $760 million and a loss per share of $11.94 with the impact of non-...

11 months ago - GlobeNewsWire

Mohawk Industries, Inc. Invites You to Join the Third Quarter 2023 Earnings Conference Call

CALHOUN, Ga., Oct. 06, 2023 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Third Quarter 2023 earnings release on Thursday, October 26, 2023, you are invited to listen to ...

1 year ago - GlobeNewsWire

Mohawk Highlights a Year of Progress in New 2022 Environmental, Social & Governance Report

CALHOUN, Ga., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today published its 2022 Environmental, Social and Governance (ESG) Report, Connections That Create Value , which d...

1 year ago - GlobeNewsWire