Modine Manufacturing (MOD) Stock Forecast & Price Target

MOD price $139.71 -3.83 -2.67%

Ticker
MOD
Price
$139.71
Change
-3.83 -2.67%
Market cap ?
$7.43B
P/E ?
53.76
Forward P/E ?
19.91
Dividend yield ?
0.00%
Beta ?
1.71
Sector
Industrials
Industry
Industrial - Machinery
Stocklytics score
58
Value
56
Quality
50
Growth
67

Stocklytics score rationale: value 56, quality 50, growth 67.

Financials

2017201820192020202120222023202420252026
1503000000210310000022127000001975500000180840000020501000002297900000240780000025835000003181100000

Modine Manufacturing Company specializes in delivering advanced thermal management systems and heat exchange components, primarily catering to original equipment manufacturers (OEMs) in both on- and off-highway vehicular markets. The company's operations are structured into two main segments: Climate Solutions and Performance Technologies. Its extensive product portfolio encompasses a wide array of heating…

Fair value

MOD fair value $181.42. Price $139.71. Price is 23% below fair value.

Above fair value, but less expensive than usual. A smaller premium than on 85% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 100.20M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 1.7). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 53.20M. Net debt 506.60M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare MOD

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-11-03—1.45—971.60M
2026-07-291.531.30874.10M878.69M
2026-05-261.711.51874.10M891.14M
2026-02-041.190.99805.00M760.43M
2025-10-281.060.97738.90M763.54M
2025-07-301.060.93682.80M699.91M
2025-05-201.120.95647.20M631.48M
2025-02-040.920.79616.80M634.61M
2024-10-290.970.92658.00M646.86M
2024-07-301.040.87661.50M633.63M
2024-05-210.770.76603.50M605.44M
2024-01-300.740.59561.40M616.98M
2023-11-010.890.64620.50M616.18M
2023-08-020.850.44622.40M622.40M
2023-05-240.670.48618.10M583.71M
2023-02-010.480.43560.00M562.25M
2022-11-020.480.37578.80M551.05M
2022-08-030.320.12541.00M497.23M
2022-05-250.570.49574.40M538.00M
2022-02-020.310.23502.20M489.10M
2021-11-020.150.29478.90M524.90M
2021-08-040.200.28494.60M494.60M
2021-05-260.510.28514.90M477.89M
2021-02-040.410.29484.30M471.00M
2020-11-050.430.04461.40M10.60M
2020-08-04-0.09-0.14347.80M463.73M
2020-05-280.240.13472.90M236.45M
2020-02-040.370.20473.40M395.44M
2019-11-070.130.24500.20M961.92M
2019-07-310.310.36529.00M614.32M
2019-05-220.400.38556.70M528.87M
2019-01-310.420.34541.00M437.95M
2018-10-300.350.24548.90M376.39M
2018-08-010.410.36566.10M497.06M
2018-05-230.440.40566.60M515.09M
2018-01-300.350.29512.70M424.81M
2017-10-310.360.22508.30M310.63M
2017-08-010.390.30515.50M396.54M
2017-05-240.350.34488.30M474.35M
2017-02-060.210.24349.80M399.77M

Dividends

Yield 0.00%. Payout ratio 0.00%. Frequency Quarterly.

Safety score 62/100 · Moderate. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. Dividends were paid in 22 separate years. There is no dividend yield.

Ex-dateDividendRecordPaymentFrequency
2008-11-19$0.102008-11-212008-12-05Quarterly
2008-08-20$0.102008-08-222008-09-05Quarterly
2008-06-04$0.102008-06-062008-06-20Quarterly
2008-02-13$0.172008-02-152008-03-03Quarterly
2007-11-19$0.172007-11-222007-12-07Quarterly
2007-08-21$0.172007-08-232007-09-07Quarterly
2007-05-23$0.172007-05-252007-06-08Quarterly
2007-02-13$0.172007-02-152007-03-02Quarterly
2006-11-14$0.172006-11-162006-12-01Quarterly
2006-08-15$0.172006-08-172006-09-01Quarterly
2006-05-25$0.172006-05-302006-06-09Quarterly
2006-02-14$0.172006-02-162006-03-02Quarterly
2005-11-15$0.172005-11-172005-12-01Quarterly
2005-08-16$0.172005-08-182005-09-01Monthly
2005-07-25$1.49——Special
2005-05-26$0.172005-05-312005-06-09Quarterly
2005-02-16$0.162005-02-202005-03-03Quarterly
2004-11-17$0.162004-11-192004-12-02Quarterly
2004-08-18$0.152004-08-202004-09-02Quarterly
2004-05-27$0.152004-06-012004-06-10Quarterly
2004-02-18$0.142004-02-202004-03-04Quarterly
2003-11-19$0.142003-11-212003-12-04Quarterly
2003-08-20$0.142003-08-222003-09-04Quarterly
2003-05-22$0.142003-05-272003-06-05Quarterly
2003-02-19$0.122003-02-212003-03-06Quarterly
2002-11-20$0.122002-11-222002-12-05Quarterly
2002-08-21$0.122002-08-232002-09-05Quarterly
2002-05-23$0.122002-05-282002-06-06Quarterly
2002-02-20$0.122002-02-222002-03-07Quarterly
2001-11-20$0.252001-11-232001-12-06Quarterly
2001-08-22$0.252001-08-242001-09-06Quarterly
2001-05-24$0.252001-05-292001-06-07Quarterly
2001-02-22$0.252001-02-262001-03-08Quarterly
2000-11-21$0.252000-11-242000-12-07Quarterly
2000-08-23$0.252000-08-252000-09-07Quarterly
2000-05-25$0.252000-05-302000-06-08Quarterly
2000-02-23$0.232000-02-252000-03-09Quarterly
1999-11-18$0.231999-11-221999-12-02Quarterly
1999-08-19$0.231999-08-231999-09-02Quarterly
1999-05-26$0.231999-05-281999-06-07Quarterly
1999-02-18$0.211999-02-221999-03-04Quarterly
1998-11-19$0.211998-11-231998-12-03Quarterly
1998-08-20$0.211998-08-241998-09-03Quarterly
1998-05-21$0.211998-05-261998-06-04Quarterly
1998-02-19$0.191998-02-231998-03-05Quarterly
1997-11-20$0.191997-11-241997-12-04Quarterly
1997-08-21$0.191997-08-251997-09-04Quarterly
1997-05-22$0.191997-05-271997-06-05Quarterly
1997-02-20$0.171997-02-241997-03-06Quarterly
1996-11-21$0.171996-11-251996-12-05Quarterly
1996-08-22$0.171996-08-261996-09-05Quarterly
1996-05-23$0.171996-05-281996-06-06Quarterly
1996-02-22$0.151996-02-261996-03-07Quarterly
1995-11-22$0.151995-11-271995-12-07Quarterly
1995-08-24$0.151995-08-281995-09-07Quarterly
1995-05-23$0.151995-05-301995-06-08Quarterly
1995-02-21$0.131995-02-271995-03-09Quarterly
1994-11-21$0.131994-11-281994-12-08Quarterly
1994-08-23$0.131994-08-291994-09-08Quarterly
1994-05-24$0.131994-05-311994-06-09Quarterly
1994-02-22$0.121994-02-281994-03-10Quarterly
1993-11-22$0.121993-11-291993-12-09Quarterly
1993-08-24$0.121993-08-301993-09-09Quarterly
1993-05-25$0.121993-06-011993-06-10Quarterly
1993-02-23$0.101993-03-011993-03-11Quarterly
1992-11-18$0.101992-11-241992-12-04Quarterly
1992-08-19$0.101992-08-251992-09-04Quarterly
1992-05-28$0.101992-06-031992-06-12Quarterly
1992-02-18$0.101992-02-241992-03-06Quarterly
1991-11-20$0.101991-11-261991-12-06Quarterly
1991-08-21$0.101991-08-271991-09-06Quarterly
1991-05-23$0.101991-05-301991-06-07Quarterly
1991-02-19$0.091991-02-251991-03-08Quarterly
1990-11-20$0.091990-11-271990-12-07Quarterly
1990-08-22$0.091990-08-281990-09-07Quarterly
1990-05-23$0.091990-05-301990-06-08Quarterly
1990-02-20$0.071990-02-261990-03-09Quarterly
1989-11-21$0.071989-11-281989-12-08Quarterly
1989-08-23$0.071989-08-291989-09-08Quarterly
1989-05-24$0.071989-05-311989-06-09Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-10-01MODINE MANUFACTURING COSell53.20M$0.0053.20K
2026-09-28Patten Jeremy MichaelSell631$198.07124.98K
2026-09-10Agen Brian JonBuy1.99K$12.2824.41K
2026-09-10Agen Brian JonBuy928$17.7916.51K
2026-09-10Agen Brian JonBuy2.35K$6.6215.58K
2026-09-10Agen Brian JonSell4.31K$180.30776.37K
2026-09-10Agen Brian JonSell4.09K$6.6227.08K
2026-09-10Agen Brian JonSell1.71K$17.7930.35K
2026-09-10Agen Brian JonSell3.78K$17.7967.23K
2026-08-20Yan Christine YBuy812——
2026-08-20Wilson David J.Buy812——
2026-08-20WILLIAMS MARSHA CBuy1.39K——
2026-08-20LOWE ALAN SBuy812——
2026-08-20Harper Katherine CarolynBuy812——
2026-08-20Garimella Suresh VBuy812——
2026-08-20Bendza Gary MarkBuy812——
2026-08-20ASHLEMAN ERIC DBuy812——
2026-08-12MODINE MANUFACTURING COOther0——
2026-07-13Mahan Michael BernardBuy915——
2026-07-13Mahan Michael BernardOther0——
2026-07-01Hudson Mark DOther0——
2026-06-18Agen Brian JonSell123$284.8035.03K
2026-06-18Agen Brian JonSell577$286.06165.05K
2026-06-18Agen Brian JonSell400$287.35114.94K
2026-06-18Agen Brian JonSell100$288.0828.81K
2026-06-18Agen Brian JonSell200$289.2057.84K
2026-06-18Agen Brian JonSell1.38K$291.69402.53K
2026-06-18Agen Brian JonSell2.37K$292.47692.57K
2026-06-18Agen Brian JonSell6.73K$293.481.98M
2026-06-18Agen Brian JonSell4.74K$294.371.40M
2026-06-18Agen Brian JonSell4.88K$295.421.44M
2026-06-18Agen Brian JonSell900$296.18266.56K
2026-06-18Agen Brian JonSell15.48K$297.374.60M
2026-06-18Agen Brian JonSell200$298.3059.66K
2026-06-18Agen Brian JonSell200$300.0460.01K
2026-06-18McGinnis Eric SSell1.02K$295.06300.97K
2026-06-16ASHLEMAN ERIC DSell4.55K$286.271.30M
2026-06-16ASHLEMAN ERIC DSell4.51K$287.451.30M
2026-06-16ASHLEMAN ERIC DSell5.94K$291.121.73M
2026-06-01McGinnis Eric SSell1.91K$285.01544.94K
2026-06-01McGinnis Eric SSell1.51K$285.79431.82K
2026-06-01McGinnis Eric SSell6.04K$287.001.73M
2026-06-01McGinnis Eric SSell7.17K$287.902.06M
2026-06-01McGinnis Eric SSell2.80K$288.84809.90K
2026-06-01McGinnis Eric SSell2.77K$290.11802.72K
2026-06-01McGinnis Eric SSell1.80K$290.79523.43K
2026-06-01Laszlo Arthur Jr.Sell900$295.76266.18K
2026-05-31McGinnis Eric SSell663$278.91184.92K
2026-05-31Laszlo Arthur Jr.Sell436$278.91121.60K
2026-05-31Lucareli Michael BSell1.48K$278.91411.67K
2026-05-31Brinker Neil DavidSell3.72K$278.911.04M
2026-05-31Agen Brian JonSell566$278.91157.86K
2026-05-29McGinnis Eric SSell12.03K$280.133.37M
2026-05-29McGinnis Eric SSell2.05K$281.01576.08K
2026-05-26Roth Erin JenniferBuy5.25K——
2026-05-26Roth Erin JenniferSell2.22K$295.88657.15K
2026-05-26McGinnis Eric SBuy39.58K——
2026-05-26McGinnis Eric SSell15.57K$295.884.61M
2026-05-26Lucareli Michael BBuy73.87K——
2026-05-26Lucareli Michael BSell34.72K$295.8810.27M
2026-05-26Laszlo Arthur Jr.Buy10.84K——
2026-05-26Laszlo Arthur Jr.Sell4.75K$295.881.41M
2026-05-26Brinker Neil DavidBuy215.46K——
2026-05-26Brinker Neil DavidSell87.52K$295.8825.89M
2026-05-26Agen Brian JonBuy28.32K——
2026-05-26Agen Brian JonSell13.31K$295.883.94M
2026-05-20Roth Erin JenniferBuy668——
2026-05-20Patten Jeremy MichaelBuy583——
2026-05-20Lucareli Michael BBuy1.31K——
2026-05-20Laszlo Arthur Jr.Buy591——
2026-05-20Brinker Neil DavidBuy5.53K——
2026-05-20Agen Brian JonBuy556——
2026-05-16McGinnis Eric SSell463$271.26125.59K
2026-05-16Lucareli Michael BSell915$271.26248.20K
2026-05-16Laszlo Arthur Jr.Sell247$271.2667.00K
2026-05-16Brinker Neil DavidSell2.88K$271.26781.77K
2026-05-16Agen Brian JonSell388$271.26105.25K
2026-04-01Laszlo Arthur Jr.Other0——
2026-03-24Patten Jeremy MichaelBuy1.09K——
2026-02-24WILLIAMS MARSHA CSell12.00K$234.712.82M
2026-02-17Lucareli Michael BBuy19.59K$6.62129.72K
2026-02-17Lucareli Michael BSell4.48K$217.15972.42K
2026-02-17Lucareli Michael BSell5.10K$218.161.11M
2026-02-17Lucareli Michael BSell2.28K$219.19500.63K
2026-02-17Lucareli Michael BSell3.33K$220.49733.37K
2026-02-17Lucareli Michael BSell4.36K$221.14963.29K
2026-02-17Lucareli Michael BSell54$222.0111.99K
2026-02-17Lucareli Michael BSell19.59K$6.62129.72K
2026-02-02Garimella Suresh VSell1.10K$184.07202.48K
2026-01-22Garimella Suresh VSell1.10K$150.00165.00K
2026-01-05McGinnis Eric SBuy11.14K$12.62140.59K
2026-01-05McGinnis Eric SBuy14.24K$12.28174.90K
2026-01-05McGinnis Eric SSell14.24K$12.28174.90K
2026-01-05McGinnis Eric SSell9.07K$12.62114.45K
2025-12-02Brinker Neil DavidSell25.02K$160.364.01M
2025-12-02Brinker Neil DavidSell6.85K$161.311.10M
2025-11-27Roth Erin JenniferSell516$158.9782.03K
2025-09-29Patten Jeremy MichaelBuy1.70K——
2025-09-29Patten Jeremy MichaelOther0——
2025-08-29Laszlo Arthur Jr.Other3.00K$15.5946.85K

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 671, holders +93 vs prior quarter. Ownership 98.39%.

HolderSharesChangeChange %Value
BLACKROCK, INC.2.87M-1.22M-29.82%765.54M
VANGUARD CAPITAL MANAGEMENT LLC2.38M17.45K+0.74%635.56M
VANGUARD PORTFOLIO MANAGEMENT LLC2.20M-158.73K-6.72%588.76M
CAPITAL RESEARCH GLOBAL INVESTORS1.48M-225.65K-13.20%396.25M
PARADIGM CAPITAL MANAGEMENT INC/NY1.45M-2.00K-0.14%388.14M
INVESCO LTD.1.27M40.80K+3.33%338.19M
ARTISAN PARTNERS LIMITED PARTNERSHIP1.19M203.98K+20.65%318.25M
STATE STREET CORP1.17M-317.05K-21.33%312.02M
GEODE CAPITAL MANAGEMENT, LLC1.15M-103.94K-8.27%307.86M
FULLER & THALER ASSET MANAGEMENT, INC.1.12M35.05K+3.24%298.19M
T. ROWE PRICE INVESTMENT MANAGEMENT, INC.1.12M795.43K+248.74%297.79M
FMR LLC1.05M178.61K+20.41%281.38M
WELLINGTON MANAGEMENT GROUP LLP961.17K-58.75K-5.76%256.65M
PRICE T ROWE ASSOCIATES INC /MD/944.80K-778.62K-45.18%252.28M
JANE STREET GROUP, LLC902.55K504.74K+126.88%241.00M
MASSACHUSETTS FINANCIAL SERVICES CO /MA/820.63K212.13K+34.86%221.66M
MORGAN STANLEY776.53K253.40K+48.44%207.35M
CAPITAL WORLD INVESTORS675.43K17.76K+2.70%180.35M
GOLDMAN SACHS GROUP INC640.42K300.52K+88.41%171.00M
DIMENSIONAL FUND ADVISORS LP631.36K-189.21K-23.06%168.56M
CONGRESS ASSET MANAGEMENT CO629.27K-21.41K-3.29%168.03M
NORGES BANK587.05K587.05KNew156.75M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.581.07K581.07KNew155.16M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC581.07K-118.25K-16.91%155.16M
REINHART PARTNERS, LLC.555.69K-45.51K-7.57%148.38M

Forecast

Consensus Buy from 10 analysts. Average price target $325.00, +132.6% versus the current price. Low $260.00. High $428.00.

Insights · Dividends · Forecast · Financials · Learn

Stocklytics home · Screener

Analysts have an average 12-month price target of $325.00 for Modine Manufacturing (MOD), 132.6% above the current price of $139.71. Of 10 analysts covering the stock, 10 rate it Buy or Strong Buy, 0 Hold, and 0 Sell or Strong Sell, giving a consensus of Buy.

Forecasts are third-party estimates and often wrong. They are not investment advice.

MOD price target

12-month price target
Low$260.00
Average$325.00
High$428.00

The average is 132.6% above the current price of $139.71.

Is Modine Manufacturing a buy or sell?

Of 10 analysts, 10 rate Modine Manufacturing Buy or Strong Buy, 0 Hold, and 0 Sell or Strong Sell. The consensus label is Buy. That split is not a recommendation.

Modine Manufacturing earnings and revenue forecast

Analyst averages on file: 2026, EPS $4.77, revenue $3.15 billion. 2027, EPS $7.02, revenue $4.05 billion.

MOD score and fair value

The Stocklytics Score for MOD is 58 out of 100. It averages value, quality, and growth against a large-cap US universe. It is not a price target and not a buy or sell rating. Fair value is a separate estimate on the fair value tab.

MOD forecast FAQs

What is the MOD price target?

$325.00 average, with a published range of $260.00 to $428.00.

Is Modine Manufacturing a buy or sell?

The consensus is Buy from 10 analysts. This is not a recommendation.

What is the Modine Manufacturing stock forecast for 2026?

Analysts' average EPS estimate for 2026 on file is $4.77. The average revenue estimate is $3.15 billion.

What will MOD be worth in 2030?

No reliable forecast exists that far out.

When is Modine Manufacturing's next earnings report?

The next earnings date is shown on the stock page when a future report is on the calendar. This forecast does not invent a date.

Capital is at risk. Stocklytics is operated by Stocklytics Inc., a Marshall Islands company. It is not regulated by the FCA and does not give investment advice.

Modine Manufacturing (MOD) Stock Forecast & Price Target

MOD$139.71-3.83 -2.67%

$7.43B

Market Cap

53.76

P/E

19.91

Forward P/E

58

Score

Price History