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Mohawk IndustriesNYSE: MHK

Profile

Country:

United States

IPO:

01 April 1992

Next earnings report:

07 February 2025

Last dividends:

N/A

Next dividends:

N/A
$8.56 B
-31%vs. 3y high
82%vs. sector
-96%vs. 3y high
40%vs. sector
-25%vs. 3y high
41%vs. sector
-29%vs. 3y high
50%vs. sector

Price

pre-market | 29 min ago
$135.67+$1.39(+1.04%)

Dividend

No data over the past 3 years
$2.72 B$2.54 B
$2.72 B$162.00 M

Analysts recommendations

Institutional Ownership

MHK Latest News

Mohawk Industries: Remain Confident That Earnings Growth Can Inflect In FY25
seekingalpha.com27 October 2024 Sentiment: POSITIVE

I still recommend buying shares of Mohawk Industries (MHK) because I anticipate earnings growth in FY25 as mortgage rates drop and consumer confidence rises. Although there was a 1.7% decrease in revenue in the third quarter of 2024, effective cost management resulted in a 3.7% year-over-year increase in adjusted EBITDA and better adjusted EPS. Concerns about weak guidance for the fourth quarter of 2024 and short-term margin challenges are temporary; a recovery in demand and cost improvements should lead to significant earnings growth in FY25.

Mohawk Industries: Looking For A Floor
seekingalpha.com26 October 2024 Sentiment: POSITIVE

In 2023, Mohawk Industries' stock stabilized around $100 as major interest rate concerns eased. The company, which is the biggest flooring manufacturer globally, has seen its earnings grow this year, although it may finish the year on a weaker note. However, the long-term outlook is positive, with the possibility of earnings exceeding $10 per share and expected growth in 2025, making the current stock prices attractive.

Mohawk Industries, Inc. (MHK) Q3 2024 Earnings Call Transcript
seekingalpha.com26 October 2024 Sentiment: NEUTRAL

Mohawk Industries, Inc. (NYSE:MHK) will hold its Q3 2024 Earnings Conference Call on October 25, 2024, at 11:00 AM ET. Key company participants include CFO James Brunk, Chairman & CEO Jeffrey Lorberbaum, and President Christopher Wellborn. The call will also feature analysts from various financial institutions, and all attendees will be in listen-only mode.

Mohawk Q3 Earnings Beat, Stock Declines on Low Sales & Tepid Q4 View
zacks.com25 October 2024 Sentiment: NEUTRAL

MHK's results for the third quarter show a decrease in net sales because of ongoing market conditions.

Mohawk Industries (MHK) Q3 Earnings and Revenues Beat Estimates
zacks.com24 October 2024 Sentiment: POSITIVE

Mohawk Industries (MHK) reported quarterly earnings of $2.90 per share, which is higher than the Zacks Consensus Estimate of $2.89 per share. This is an increase compared to last year's earnings of $2.72 per share.

Mohawk Industries Reports Q3 Results
globenewswire.com24 October 2024 Sentiment: POSITIVE

CALHOUN, Ga., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) reported net earnings of $162 million for the third quarter of 2024, with earnings per share (EPS) at $2.55. The company's net sales for this quarter reached $2.7 billion, which is a 1.7% decline compared to the same period last year. In the third quarter of 2023, Mohawk had net sales of $2.8 billion but faced a net loss of $760 million due to significant non-cash impairment charges.

Can Mohawk Industries (MHK) Keep the Earnings Surprise Streak Alive?
zacks.com22 October 2024 Sentiment: POSITIVE

Mohawk Industries (MHK) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

MHK to Report Q3 Earnings: Here's What You Need to Know
zacks.com22 October 2024 Sentiment: POSITIVE

Mohawk's results for the third quarter of 2024 are expected to show a drop in sales because the residential market is weaker. However, the steps taken to restructure the company are promising.

Are Consumer Discretionary Stocks Lagging Mohawk Industries (MHK) This Year?
zacks.com16 October 2024 Sentiment: NEUTRAL

This is a comparison of how Mohawk Industries (MHK) and Crocs (CROX) have done in relation to their industry this year.

Mohawk Industries, Inc. Invites You to Join the Third Quarter 2024 Earnings Conference Call
globenewswire.com10 October 2024 Sentiment: POSITIVE

CALHOUN, Ga., Oct. 10, 2024 (GLOBE NEWSWIRE) -- You are invited to join a live conference call on Friday, October 25, 2024, at 11:00 am ET, following the release of Mohawk Industries, Inc. (NYSE: MHK) Third Quarter 2024 earnings on Thursday, October 24, 2024.

What type of business is Mohawk Industries?

Mohawk Industries, Inc. is the world's largest manufacturer of flooring for residential and commercial markets. The company produces a wide range of ceramic tile, porcelain tile, natural stone tile, carpet tile, carpets, carpet cushions, laminate, vinyl products, and more. Mohawk Industries, Inc. was founded in 1988 and is headquartered in Calhoun, Georgia. Mohawk is a major supplier of all major categories of flooring with manufacturing operations in 18 countries and sales in over 170 countries. The majority of the company's assets are located in the United States and Europe, which are also the company's main sales markets.

What sector is Mohawk Industries in?

Mohawk Industries is in the Consumer Cyclical sector

What industry is Mohawk Industries in?

Mohawk Industries is in the Furnishings, Fixtures & Appliances industry

What country is Mohawk Industries from?

Mohawk Industries is headquartered in United States

When did Mohawk Industries go public?

Mohawk Industries initial public offering (IPO) was on 01 April 1992

What is Mohawk Industries website?

https://www.mohawkind.com

Is Mohawk Industries in the S&P 500?

Yes, Mohawk Industries is included in the S&P 500 index

Is Mohawk Industries in the NASDAQ 100?

No, Mohawk Industries is not included in the NASDAQ 100 index

Is Mohawk Industries in the Dow Jones?

No, Mohawk Industries is not included in the Dow Jones index

When was Mohawk Industries the previous earnings report?

No data

When does Mohawk Industries earnings report?

The next expected earnings date for Mohawk Industries is 07 February 2025