Mohawk Industries, Inc. (MHK)

NYSE: MHK · IEX Real-Time Price · USD
97.77
+1.41 (1.46%)
Mar 31, 2023, 10:55 AM EDT - Market open
1.46%
Market Cap 6.21B
Revenue (ttm) 11.74B
Net Income (ttm) 25.25M
Shares Out 63.54M
EPS (ttm) 0.39
PE Ratio 247.08
Forward PE 9.09
Dividend n/a
Ex-Dividend Date n/a
Volume 61,203
Open 97.27
Previous Close 96.36
Day's Range 97.01 - 98.44
52-Week Range 87.02 - 159.00
Beta 1.28
Analysts Hold
Price Target 122.09 (+24.88%)
Earnings Date Apr 27, 2023

About MHK

Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces in the United States, Europe, Russia, and internationally. 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 segm... [Read more]

IPO Date Apr 1, 1992
Employees 43,000
Stock Exchange NYSE
Ticker Symbol MHK
Full Company Profile

Financial Performance

In 2022, MHK's revenue was $11.74 billion, an increase of 4.79% compared to the previous year's $11.20 billion. Earnings were $25.25 million, a decrease of -97.56%.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for MHK stock is "Hold." The 12-month stock price forecast is $122.09, which is an increase of 24.88% from the latest price.

Price Target
$122.09
(24.88% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Mohawk's (MHK) Q4 Earnings Beat, Stock Falls on Tepid Q1 View

Mohawk Industries' (MHK) fourth-quarter results reflect intense inflation, higher interest rates and lower volume.

1 month ago - Zacks Investment Research

Mohawk Industries (MHK) Q4 Earnings Surpass Estimates

Mohawk Industries (MHK) delivered earnings and revenue surprises of 2.33% and 2.55%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Mohawk Industries Reports Q4 2022 Results

CALHOUN, Ga., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced fourth quarter 2022 net earnings of $33 million and diluted earnings per share (EPS) of $0.52. Adjus...

1 month ago - GlobeNewsWire

Mohawk (MHK) to Report Q4 Earnings: Factors to Consider

Mohawk Industries' (MHK) fourth-quarter performance is most likely to reflect significant inflationary pressure and soft housing demand woes.

1 month ago - Zacks Investment Research

Analysts Estimate Mohawk Industries (MHK) to Report a Decline in Earnings: What to Look Out for

Mohawk Industries (MHK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Mohawk (MHK) Cuts Q4 Adjusted EPS View on Low Flooring Demand

Mohawk (MHK) suffers from soft global residential flooring business and industry headwinds.

2 months ago - Zacks Investment Research

Mohawk Issues Profit Warning Amid Low Demand and Plant Closures

The flooring company expects fourth-quarter adjusted earnings of $1.27 to $1.31 per share, compared with a previous guidance range of $1.40 to $1.50.

2 months ago - Barrons

Mohawk stock leads S&P 500's premarket decliners after profit warning

Shares of Mohawk Industries Inc. MHK, -0.39% shed 5.2%, enough to pace the S&P 500's premarket decliners, after the residential and commercial floorings company cut its fourth-quarter profit outlook, ...

2 months ago - Market Watch

Mohawk Provides Litigation and Earnings Guidance Update

CALHOUN, Ga., Jan. 16, 2023 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK), the world's largest floor covering manufacturer, today announced that it has entered into an agreement with plainti...

2 months ago - GlobeNewsWire

Mohawk Industries, Inc. Invites You to Join the Fourth Quarter 2022 Earnings Conference Call

CALHOUN, Ga., Jan. 05, 2023 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Fourth Quarter 2022 earnings release on Thursday February 9, 2023, you are invited to listen to ...

3 months ago - GlobeNewsWire

Mohawk (MHK) Q3 Earnings Meet, Sales Lag, EPS View Tepid

Mohawk Industries' (MHK) third-quarter results reflect persistent industry challenges and high costs.

5 months ago - Zacks Investment Research

Mohawk Industries (MHK) Q3 Earnings Meet Estimates

Mohawk Industries (MHK) delivered earnings and revenue surprises of 0% and 4.62%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Mohawk Industries Reports Q3 Results

CALHOUN, Ga., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced a 2022 third quarter net loss of $534 million and a diluted loss per share of $8.40, including the i...

5 months ago - GlobeNewsWire

Mohawk (MHK) to Report Tepid Earnings in Q3 on Soft Demand

Mohawk Industries' (MHK) third-quarter performance will likely reflect significant inflationary pressure and soft housing demand woes.

5 months ago - Zacks Investment Research

Earnings Preview: Mohawk Industries (MHK) Q3 Earnings Expected to Decline

Mohawk Industries (MHK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Mohawk Industries, Inc. Invites You to Join the Third Quarter 2022 Earnings Conference Call

CALHOUN, Ga., Oct. 05, 2022 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Third Quarter 2022 earnings release on Thursday October 27, 2022, you are invited to listen to t...

6 months ago - GlobeNewsWire

Mohawk (MHK) Q2 Earnings Beat, Sales Miss, Shares Slip

Mohawk Industries' (MHK) second-quarter results reflect higher pricing, productivity and buyouts. However, higher inflation is risk.

8 months ago - Zacks Investment Research

Mohawk Industries (MHK) Q2 Earnings Top Estimates

Mohawk Industries (MHK) delivered earnings and revenue surprises of 1.38% and 1.38%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Mohawk Industries Reports Q2 Results

CALHOUN, Ga., July 28, 2022 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced 2022 second quarter net earnings of $280 million and diluted earnings per share (EPS) of $4.40. Adju...

8 months ago - GlobeNewsWire

Mohawk (MHK) Q2 Earnings to Fall on Volatile Natural Gas Prices

Mohawk Industries' (MHK) second-quarter performance will likely reflect significant inflationary pressure and material, labor and transportation woes.

8 months ago - Zacks Investment Research

Mohawk Industries, Inc. Invites You to Join the Second Quarter 2022 Earnings Conference Call

CALHOUN, Ga., July 07, 2022 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Second Quarter 2022 earnings release on Thursday July 28, 2022 you are invited to listen to its ...

9 months ago - GlobeNewsWire

Mohawk Industries (MHK) is a Top-Ranked Growth Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

9 months ago - Zacks Investment Research

Mohawk (MHK) to Buy Ceramic Tile Business Vitromex for $293M

Mohawk (MHK) to expand the Mexican ceramic tile market with the buyout of Vitromex.

10 months ago - Zacks Investment Research

4 Consumer Cyclical Stocks That Fit Graham's Lost Formula

On the back of a stronger-than-expected jobs report for May and rising interest rates, U.S. market indexes declined on Friday.

Other symbols: DHILENPHM
10 months ago - GuruFocus

Mohawk Industries Announces Acquisition of Vitromex Ceramic Tile Business From Grupo Industrial Saltillo

CALHOUN, Georgia, June 03, 2022 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) announced today that it has entered into an agreement to purchase the Vitromex ceramic tile business from Grupo ...

10 months ago - GlobeNewsWire