S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Recent Reports Are A Wake-Up Call For Investors (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Recent Reports Are A Wake-Up Call For Investors (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Recent Reports Are A Wake-Up Call For Investors (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Recent Reports Are A Wake-Up Call For Investors (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary

Ferrari Stock Price, News & Analysis (NYSE:RACE)

$363.55
+1.87 (+0.52%)
(As of 12/7/2023 ET)
Compare
Today's Range
$361.32
$364.51
50-Day Range
$294.55
$369.66
52-Week Range
$209.88
$369.91
Volume
236,229 shs
Average Volume
336,998 shs
Market Capitalization
$67.17 billion
P/E Ratio
52.31
Dividend Yield
N/A
Price Target
$316.36

Ferrari MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
13.0% Downside
$316.36 Price Target
Short Interest
Healthy
1.50% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.13mentions of Ferrari in the last 14 days
Based on 34 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.76%
From $7.05 to $8.02 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

Consumer Cyclical Sector

79th out of 96 stocks

Auto Manufacturers Industry

5th out of 5 stocks


RACE stock logo

About Ferrari Stock (NYSE:RACE)

Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale, as well as through its website. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.

RACE Stock Price History

RACE Stock News Headlines

Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?
A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?
A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.
See More Headlines
Receive RACE Stock News and Ratings via Email

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Company Calendar

Last Earnings
11/02/2023
Today
12/07/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/01/2024

Industry, Sector and Symbol

Industry
Auto Manufacturers
Sub-Industry
N/A
Fax
N/A
Employees
4,951
Year Founded
1947

Price Target and Rating

Average Stock Price Target
$316.36
High Stock Price Target
$380.00
Low Stock Price Target
$230.60
Potential Upside/Downside
-13.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$982.60 million
Pretax Margin
26.13%

Debt

Sales & Book Value

Annual Sales
$5.81 billion
Cash Flow
$8.63 per share
Book Value
$14.84 per share

Miscellaneous

Free Float
N/A
Market Cap
$67.17 billion
Optionable
Optionable
Beta
1.03

Social Links

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Key Executives

  • Mr. John Jacob Philip Elkann (Age 47)
    Executive Chairman
    Comp: $1.3M
  • Mr. Benedetto Vigna (Age 54)
    CEO & Executive Director
    Comp: $4.3M
  • Mr. Antonio Picca Piccon (Age 59)
    Chief Financial Officer
  • Mr. Davide Abate (Age 39)
    Chief Technologies & Infrastructures Officer
  • Ms. Nicoletta Russo
    Head of Investor Relations
  • Mr. Carlo Daneo (Age 55)
    General Counsel
  • Ms. Sabina Fasciolo (Age 55)
    Chief Compliance Officer
  • Ms. Francesca Montini
    Chief Communications Officer
  • Mr. Enrico Galliera (Age 57)
    Chief Marketing & Commercial Officer
  • Mr. Michele Antoniazzi (Age 54)
    Chief Human Resources Officer














RACE Stock Analysis - Frequently Asked Questions

Should I buy or sell Ferrari stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last twelve months. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RACE shares.
View RACE analyst ratings
or view top-rated stocks.

What is Ferrari's stock price target for 2024?

9 Wall Street analysts have issued 1 year price objectives for Ferrari's shares. Their RACE share price targets range from $230.60 to $380.00. On average, they expect the company's share price to reach $316.36 in the next year. This suggests that the stock has a possible downside of 13.0%.
View analysts price targets for RACE
or view top-rated stocks among Wall Street analysts.

How have RACE shares performed in 2023?

Ferrari's stock was trading at $214.22 at the start of the year. Since then, RACE shares have increased by 69.7% and is now trading at $363.55.
View the best growth stocks for 2023 here
.

When is Ferrari's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our RACE earnings forecast
.

How were Ferrari's earnings last quarter?

Ferrari (NYSE:RACE) issued its quarterly earnings data on Thursday, November, 2nd. The company reported $1.98 EPS for the quarter, beating the consensus estimate of $1.59 by $0.39. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.56 billion. Ferrari had a trailing twelve-month return on equity of 42.92% and a net margin of 20.42%.

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

Ferrari announced an annual dividend on Tuesday, April 18th. Investors of record on Tuesday, April 25th will be paid a dividend of $1.9876 per share on Friday, May 5th. This represents a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, April 24th. This is an increase from the stock's previous annual dividend of $1.36.
Read our dividend analysis for RACE
.

Is Ferrari a good dividend stock?

Ferrari (NYSE:RACE) pays an annual dividend of $0.51 per share and currently has a dividend yield of 0.00%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RACE will have a dividend payout ratio of 6.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RACE.

What other stocks do shareholders of Ferrari own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ferrari investors own include Alibaba Group (BABA), NVIDIA (NVDA), Home Depot (HD), Intel (INTC), Netflix (NFLX), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Salesforce (CRM) and Walt Disney (DIS).

Who are Ferrari's major shareholders?

Ferrari's stock is owned by a number of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (0.00%), Morgan Stanley (0.00%), WCM Investment Management LLC (0.00%), Bank of New York Mellon Corp (0.00%), FMR LLC (0.00%) and Legal & General Group Plc (0.00%).

How do I buy shares of Ferrari?

Shares of RACE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Ferrari have any subsidiaries?
The following companies are subsidiares of Ferrari: Ferrari (HK) Limited, Ferrari Australasia Pty Limited, Ferrari Central Europe GmbH (1), Ferrari Far East Pte Limited, Ferrari Financial Services Inc., Ferrari International Cars Trading (Shanghai) Co. L.t.d., Ferrari Japan KK, Ferrari Management Consulting (Shanghai) Co. L.t.d., Ferrari North America Inc., Ferrari S.p.A., Ferrari South West Europe S.a.r.l., G.S.A. S.A., and Mugello Circuit S.p.A..
Read More
This page (NYSE:RACE) was last updated on 12/8/2023 by MarketBeat.com Staff

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