Ferrari Company Profile (NYSE:RACE)

About Ferrari (RACE)

Ferrari logoFerrari NV, known as New Business Netherlands NV, is an Italy-based company, incorporated in the Netherlands, that is engaged in designing, manufacturing and selling sports cars under the Ferrari brand. Its products include nine sports car models, including seven sports cars: 458 Italia, 488 GTB, 458 Spider, 488 Spider, F12 Berlinetta, 458 Speciale and 458 Speciale A; as well as two grand tourer (GT) cars: California T and FF. In addition, the Company produces a limited edition supercar, LaFerrari, and limited series and one-off cars. It licenses its Ferrari brand to various produces and retailers of goods. The Company divides its regional markets in EMEA (Europe, the Middle East, India and Africa), Americas, Greater China and Rest of APAC (Asia-Pacific region, excluding Greater China). The Company is active in over 60 markets worldwide through a network of 182 authorized dealers operating 204 points of sale. The Company operates as a subsidiary of Fiat Chrysler Automobiles NV.

Industry, Sector and Symbol:
  • Sector: Auto/Tires/Trucks
  • Industry: Auto Manufacturers - Major
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: RACE
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $73.34
  • 50 Day Moving Average: $70.16
  • 200 Day Moving Average: $60.99
  • 52-Week Range: $38.71 - $74.99
  • Trailing P/E Ratio: 32.74
  • Foreward P/E Ratio: 26.29
  • P/E Growth: 1.51
  • Market Cap: $13.86B
  • Outstanding Shares: 188,943,000
  • Beta: 1.79
  • Net Margins: 12.88%
  • Return on Equity: 286.55%
  • Return on Assets: 9.92%
  • Debt-to-Equity Ratio: 9.41%
  • Current Ratio: 3.15%
  • Quick Ratio: 2.76%

Analyst Ratings

Consensus Ratings for Ferrari (NYSE:RACE) (?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $63.67 (13.19% downside)

Analysts' Ratings History for Ferrari (NYSE:RACE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/18/2017Jefferies Group LLCReiterated RatingBuy$74.00LowView Rating Details
3/23/2017Citigroup IncUpgradeNeutral -> BuyLowView Rating Details
3/23/2017Morgan StanleyReiterated RatingOverweight$72.00MediumView Rating Details
11/28/2016Berenberg BankReiterated RatingBuyN/AView Rating Details
11/8/2016Evercore ISIUpgradeSell -> HoldN/AView Rating Details
10/13/2016Societe GeneraleInitiated CoverageSell$45.00N/AView Rating Details
4/19/2016JPMorgan Chase & Co.Reiterated RatingNeutral$46.00 -> $51.00N/AView Rating Details
2/18/2016Banca AkrosInitiated CoverageBuyN/AView Rating Details
2/5/2016Bank of America CorpReiterated RatingBuy$60.00 -> $56.00N/AView Rating Details
1/20/2016Barclays PLCInitiated CoverageHoldN/AView Rating Details
11/16/2015Mediobanca SpAInitiated CoverageOutperform$64.00N/AView Rating Details
11/16/2015BNP ParibasInitiated CoverageUnderperform$46.00N/AView Rating Details
(Data available from 4/24/2015 forward)


Earnings History for Ferrari (NYSE:RACE)
Earnings by Quarter for Ferrari (NYSE:RACE)
Earnings History by Quarter for Ferrari (NYSE:RACE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2016Q316$0.53$0.59$826.93 million$783.00 millionViewListenView Earnings Details
5/2/2016Q116$0.30$0.41$648.56 million$675.00 millionViewListenView Earnings Details
2/2/2016Q415$0.35$0.28$746.55 million$744.00 millionViewListenView Earnings Details
10/28/2015Q315$0.56$804.27 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Ferrari (NYSE:RACE)
Current Year EPS Consensus Estimate: $2.69 EPS
Next Year EPS Consensus Estimate: $2.79 EPS


Current Dividend Information for Ferrari (NYSE:RACE)
Next Dividend:5/2/2017
Annual Dividend:$0.52
Dividend Yield:0.71%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:22.32% (Trailing 12 Months of Earnings)
19.33% (Based on This Year's Estimates)
18.64% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ferrari (NYSE:RACE)

Dividend History by Quarter for Ferrari (NYSE:RACE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Ferrari (NYSE:RACE)
No insider trades for this company have been tracked by


Headline Trends for Ferrari (NYSE:RACE)
Latest Headlines for Ferrari (NYSE:RACE)
DateHeadline logoFerrari (RACE) Earning Favorable Media Coverage, Analysis Shows - April 23 at 8:09 PM logoFerrari N.V. (RACE) Ex-Dividend Date Scheduled for April 24, 2017 - Nasdaq - April 23 at 9:13 AM logoFerrari Stock Trades Ex-Dividend Monday (RACE) - April 21 at 7:15 PM logoFerrari Stock Trades Ex-Dividend Monday - April 21 at 7:15 PM logoFerrari Announces Dividend of $0.67 (RACE) - April 19 at 9:49 AM logoLatest gee-whiz cruise ship attraction: A Ferrari-themed race track - April 18 at 9:33 AM logoNetflix Is Still a Beast, Despite Wall Street's Doubt - April 18 at 9:33 AM logoThe Case for the Odd, Overlooked 2017 Ferrari GTC4Lusso - April 17 at 6:32 PM logoFerrari (RACE) Getting Somewhat Positive News Coverage, Report Finds - April 17 at 4:22 PM logoVettel Loving Life With Revived Ferrari - April 17 at 9:22 AM logoMotor racing - Bottas bounces back in Bahrain with first pole - April 16 at 9:09 AM logoMotor Racing-Ricciardo Looks to Second Half of the Season - April 15 at 8:35 AM logoMotor Racing: Ferrari First and Last in Bahrain Practice - April 14 at 6:59 PM logoFERRARI announces voting results from its Annual General Meeting - April 14 at 6:59 PM logoZacks: Analysts Expect Ferrari (RACE) to Announce $0.52 EPS - April 13 at 8:30 PM logoFerrari Shares Beat Tesla as Higher Supercar Output Lifts Profit - Bloomberg - April 12 at 11:58 AM logoFerrari (RACE) Given Consensus Recommendation of "Hold" by Analysts - April 11 at 10:05 AM logoWhy Shares of Ferrari Jumped 13% in March - April 7 at 7:47 PM logoETFs with exposure to Ferrari NV : April 7, 2017 - April 7 at 7:47 PM logoVroom! The Rally in Ferrari Is Leaving Everyone in the Dust - April 7 at 12:10 PM logoEven Rich Wall Street Bankers Won't Be Able to Order a Ferrari in This Color, Ever - April 7 at 12:10 PM logoTrump's bright red Ferrari sold for $270,000 at auction — here's a closer look at the car - April 7 at 12:10 PM logoZacks Investment Research Downgrades Ferrari (RACE) to Hold - April 5 at 12:34 PM logoFerrari: Cramer's Top Takeaways - April 3 at 11:57 PM logoMotegi Racing Wheels Becomes Technical Partner for Ferrari Challenge and GT Championship Series - April 3 at 6:55 PM logoCramer: Ferrari's stock is off to the races. Here's why I won't take the ride - April 3 at 6:55 PM logo‘Trump’ Ferrari Sells for $270,000 at Auction - April 3 at 12:57 PM logoFerrari (RACE) Rating Increased to C at TheStreet - April 2 at 10:55 PM logo10 Most Costly Supercars You Can Buy Online - April 2 at 11:15 AM logoMotor racing: Ferrari engine may be better than Mercedes, says Haas boss - Reuters - April 1 at 10:55 AM logoMotor Racing: Ferrari Engine May Be Better Than Mercedes, Says Haas Boss - March 31 at 7:36 PM logoHow Ferrari's F1 Renaissance Could Spark A Fresh Rivalry Between Lewis Hamilton And Sebastien Vettel - March 31 at 12:45 AM logoItalian cops arrest 34 in race to foil plot to steal Enzo Ferrari's corpse - March 30 at 8:45 AM logoItalian Cops Arrest 34 in Race to Foil Plot to Steal Enzo Ferrari’s Corpse - March 30 at 1:17 AM logoIndia's Mahindra Considers Electric Vehicles for U.S. and China - March 30 at 1:17 AM logoFerrari (RACE) Upgraded to Buy at Citigroup Inc - March 29 at 8:38 AM logoMorgan Stanley Reaffirms Overweight Rating for Ferrari (RACE) - March 29 at 8:25 AM logoEuropean Picks That Could Be Worth the Trip - March 28 at 7:16 PM logoRally off the Lows and Gold Gets Pounded - Dave's Daily Dive - March 28 at 7:16 PM logoF1: 'Ferrari are back in business' - March 27 at 3:18 PM logoFormer Ferrari chairman in lead to chair Telecom Italia board - March 27 at 2:00 PM logoVettel's drought-breaker for Ferrari sets up F1 duel in 2017 - March 27 at 9:32 AM logoMotor racing-It's about time, says Marchionne after Ferrari win - Reuters - March 27 at 9:32 AM logoFerrari Jumps to Record as Formula One Team Regains Top Spot - March 27 at 9:32 AM logoMotor racing-Vettel savours win as Ferrari strike first blow - March 26 at 6:58 PM logoMotor racing: Ferrari prancing as Vettel wins in Australia - Reuters - March 26 at 6:01 AM logoMorgan Stanley Bull Case For Ferrari (RACE): $100 Price Target - - March 25 at 12:19 AM logoWall Street Is Racing to Buy Ferrari Stock - Motley Fool - March 25 at 12:19 AM logoAll-time high for Ferrari in Milan and New York - March 23 at 1:57 PM logoFerrari (RACE) Stock Rating Upgraded by Citigroup Inc - March 23 at 1:31 PM


Frequently Asked Questions for Ferrari (NYSE:RACE)

What is Ferrari's stock symbol?

Ferrari trades on the New York Stock Exchange (NYSE) under the ticker symbol "RACE."

How often does Ferrari pay dividends? What is the dividend yield for Ferrari?

Ferrari announced an annual dividend on Wednesday, March 1st. Investors of record on Wednesday, April 26th will be paid a dividend of $0.6712 per share on Tuesday, May 2nd. The ex-dividend date is Monday, April 24th.

How were Ferrari's earnings last quarter?

Ferrari (NYSE:RACE) posted its earnings results on Monday, May, 2nd. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.30 by $0.11. The firm earned $675 million during the quarter, compared to analysts' expectations of $648.56 million. Ferrari had a return on equity of 286.55% and a net margin of 12.88%. The company's revenue for the quarter was up 8.7% on a year-over-year basis.

When will Ferrari make its next earnings announcement?

Ferrari is scheduled to release their next quarterly earnings announcement on Thursday, May, 4th 2017.

Where is Ferrari's stock going? Where will Ferrari's stock price be in 2017?

6 analysts have issued 12-month price targets for Ferrari's stock. Their predictions range from $45.00 to $74.00. On average, they anticipate Ferrari's stock price to reach $63.67 in the next twelve months.

What are analysts saying about Ferrari stock?

Here are some recent quotes from research analysts about Ferrari stock:

  • 1. According to Zacks Investment Research, "Ferrari N.V. is engaged in designing, manufacturing and selling sports cars. Its products include sports car models consists of 458 Italia, 488 GTB, 458 Spider, 488 Spider, F12 Berlinetta, 458 Speciale and 458 Speciale A as well as two grand tourer (GT) cars: California T and FF. The Company also produces a limited edition supercar, LaFerrari and limited series and one-off cars. It operates primarily in Europe, the Middle East, India, Africa, Americas, Greater China and Rest of Asia-Pacific region. Ferrari N.V. is headquartered in Maranello, Italy. " (4/5/2017)
  • 2. Jefferies Group LLC analysts commented, "We initiate coverage with a BUY rating and '70/$74PT. Ferrari should grow EPS at twice the pace of revenue in the coming 5 years given mix trends and latent operating leverage. We also think capital intensity is misunderstood and that returns already exceed the best in luxury goods. The investment case is not without risks, from F1 to diversification, but these also offer meaningful upside." (3/13/2017)

Who owns Ferrari stock?

Ferrari's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.02%), Douglass Winthrop Advisors LLC (0.01%), Navellier & Associates Inc (0.00%), Carroll Financial Associates Inc. (0.00%), Kessler Investment Group LLC (0.00%) and Creative Planning (0.00%).

Who sold Ferrari stock? Who is selling Ferrari stock?

Ferrari's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Carroll Financial Associates Inc., Kessler Investment Group LLC and Creative Planning.

Who bought Ferrari stock? Who is buying Ferrari stock?

Ferrari's stock was acquired by a variety of institutional investors in the last quarter, including Navellier & Associates Inc, Fox Run Management L.L.C. and Quadrant Capital Group LLC.

How do I buy Ferrari stock?

Shares of Ferrari can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Ferrari stock cost?

One share of Ferrari stock can currently be purchased for approximately $73.34.

Ferrari (RACE) Chart for Monday, April, 24, 2017

This page was last updated on 4/24/2017 by Staff