Ferrari Stock Price, News & Analysis (NYSE:RACE) $363.55 +1.87 (+0.52%) (As of 12/7/2023 ET) Add Compare Share Share Today's Range$361.32▼$364.5150-Day Range$294.55▼$369.6652-Week Range$209.88▼$369.91Volume236,229 shsAverage Volume336,998 shsMarket Capitalization$67.17 billionP/E Ratio52.31Dividend YieldN/APrice Target$316.36 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Ferrari MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside13.0% Downside$316.36 Price TargetShort InterestHealthy1.50% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.13Based on 34 Articles This WeekInsider TradingN/AProj. Earnings Growth13.76%From $7.05 to $8.02 Per ShareSee Full Details Hide Full Details 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 starsConsumer Cyclical Sector79th out of 96 stocksAuto Manufacturers Industry5th out of 5 stocks 1.3 Analyst's Opinion Consensus RatingFerrari has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $316.36, Ferrari has a forecasted downside of 13.0% from its current price of $363.55.Amount of Analyst CoverageFerrari has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.50% of the float of Ferrari has been sold short.Short Interest Ratio / Days to CoverFerrari has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in Ferrari has recently decreased by 2.14%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldFerrari does not currently pay a dividend.Dividend GrowthFerrari has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Ferrari is 7.41%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ferrari will have a dividend payout ratio of 6.42% next year. This indicates that Ferrari will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RACE. Previous Next 1.7 News and Social Media Coverage News SentimentFerrari has a news sentiment score of 0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Consumer Cyclical companies.News Coverage This WeekMarketBeat has tracked 34 news articles for Ferrari this week, compared to 24 articles on an average week.Search InterestOnly 8 people have searched for RACE on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Ferrari to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ferrari insiders have not sold or bought any company stock. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Ferrari are expected to grow by 13.76% in the coming year, from $7.05 to $8.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ferrari is 52.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Ferrari is 52.31, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 273.39.Price to Earnings Growth RatioFerrari has a PEG Ratio of 3.16. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFerrari has a P/B Ratio of 24.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More RACE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RACE Stock News HeadlinesDecember 7, 2023 | msn.com‘Ferrari’: Adam Driver and Penélope Cruz Go at It in Exclusive ClipDecember 7, 2023 | msn.com'Race for Glory' will bring Group B rally to the big screenDecember 8, 2023 | Edge On The Street (Ad)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.December 7, 2023 | msn.comFerrari's $400,000 Purosangue is a dream to drive. Just don't call it an SUVDecember 7, 2023 | sports.yahoo.comEx-Ferrari boss says ‘rigged’ race in Lewis Hamilton’s title-winning season should have been ‘cancelled’December 6, 2023 | news.yahoo.comPatrick Dempsey's Ferrari transformation caused his hair to fall outDecember 6, 2023 | yahoo.comRace For Glory: Movie About Audi and Lancia's Rally Racing Rivalry Coming to the Big ScreenDecember 6, 2023 | msn.comChristian Horner and Toto Wolff weigh in on Charles Leclerc mega Ferrari deal reportDecember 8, 2023 | Edge On The Street (Ad)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.December 6, 2023 | msn.comMercedes vs Ferrari: Where the battle for P2 was won and lostDecember 6, 2023 | yahoo.comPatrick Dempsey opens up on hair loss while filming FerrariDecember 5, 2023 | msn.com"Why wouldn't Ferrari sign him?": Mercedes boss comments on rumors of Charles Leclerc signing a long-term contract with the Italian teamDecember 5, 2023 | msn.comIs a new deal ‘imminent’ for Charles Leclerc at Ferrari?December 5, 2023 | msn.comSainz outlines SF-23 car traits Ferrari must replicate in 2024 F1 seasonDecember 5, 2023 | americanbankingnews.comFerrari (NYSE:RACE) Receives Consensus Rating of "Moderate Buy" from AnalystsDecember 4, 2023 | msn.comAdam Driver on biopic 'Ferrari': 'the pressure was on to get it right'December 4, 2023 | msn.comIn Their Own Words: Racing For Enzo Ferrari In Formula 1December 4, 2023 | msn.comF1 News: Toto Wolff Reveals He Was Behind Ferrari's Vegas Penalty - "For The Benefit Of The Team"December 4, 2023 | msn.comHollywood icon's hair fell out while filming racing blockbuster FerrariDecember 4, 2023 | msn.com'Race for Glory: Audi vs. Lancia' Trailer - Daniel Brühl Hits the Race TrackDecember 4, 2023 | msn.comThis Manual-Swapped Ferrari 458 Speciale Rethinks the Modern SupercarDecember 4, 2023 | msn.comPatrick Dempsey lost hair over Ferrari roleDecember 4, 2023 | sports.yahoo.comCharles Leclerc ‘agrees bumper new five-year Ferrari deal with exit clause’December 4, 2023 | yahoo.comPenélope Cruz Cruz Straps On Chanel’s Platform Heels for ‘Ferrari’ Red CarpetDecember 4, 2023 | msn.comF1 News Today: Red Bull in Norris social media tease as Vasseur clamps down on Ferrari in bizarre styleDecember 3, 2023 | msn.comPenélope Cruz Cruz Straps On Chanel's Platform Heels for ‘Ferrari' Red CarpetDecember 3, 2023 | news.yahoo.comFerrari believed to be registered to actor Michael B. Jordan involved in collision in HollywoodSee More Headlines Receive RACE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ferrari and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/02/2023Today12/07/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/01/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Auto Manufacturers Sub-IndustryN/A SectorConsumer Cyclical Current SymbolNYSE:RACE CUSIPN/A CIK1648416 Webwww.ferrari.com Phone390536949111FaxN/AEmployees4,951Year Founded1947Price 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 RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$6.95 Trailing P/E Ratio52.31 Forward P/E Ratio51.57 P/E Growth3.16Net Income$982.60 million Net Margins20.42% Pretax Margin26.13% Return on Equity42.92% Return on Assets14.91% Debt Debt-to-Equity Ratio0.89 Current Ratio3.98 Quick Ratio3.08 Sales & Book Value Annual Sales$5.81 billion Price / Sales11.55 Cash Flow$8.63 per share Price / Cash Flow42.14 Book Value$14.84 per share Price / Book24.50Miscellaneous Outstanding Shares184,750,000Free FloatN/AMarket Cap$67.17 billion OptionableOptionable Beta1.03 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. John Jacob Philip Elkann (Age 47)Executive Chairman Comp: $1.3MMr. Benedetto Vigna (Age 54)CEO & Executive Director Comp: $4.3MMr. Antonio Picca Piccon (Age 59)Chief Financial Officer Mr. Davide Abate (Age 39)Chief Technologies & Infrastructures Officer Ms. Nicoletta RussoHead of Investor RelationsMr. Carlo Daneo (Age 55)General Counsel Ms. Sabina Fasciolo (Age 55)Chief Compliance Officer Ms. Francesca MontiniChief Communications OfficerMr. Enrico Galliera (Age 57)Chief Marketing & Commercial Officer Mr. Michele Antoniazzi (Age 54)Chief Human Resources Officer More ExecutivesKey CompetitorsVinFast AutoNASDAQ:VFSZapp Electric Vehicles GroupNASDAQ:ZAPPVolconNASDAQ:VLCNLightning eMotorsNYSE:ZEVArrivalNASDAQ:ARVLView All CompetitorsInstitutional OwnershipWellington Management Group LLPSold 353,922 shares on 12/1/2023Ownership: 0.000%B. Riley Wealth Advisors Inc.Bought 230 shares on 12/1/2023Ownership: 0.000%American Century Companies Inc.Sold 613 shares on 11/30/2023Ownership: 0.000%Banque Pictet & Cie SABought 236 shares on 11/27/2023Ownership: 0.003%Deutsche Bank AGBought 183,000 shares on 11/24/2023Ownership: 0.000%View All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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