NYSE:RACE - Ferrari Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$111.29 -2.00 (-1.77 %)
(As of 01/22/2019 02:02 PM ET)
Previous Close$113.29
Today's Range$110.65 - $113.04
52-Week Range$93.85 - $149.85
Volume17,516 shs
Average Volume353,688 shs
Market Capitalization$21.41 billion
P/E Ratio35.14
Dividend YieldN/A
Beta1.34
Ferrari N.V., through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports cars, GT cars, special series cars, limited edition supercars, limited editions series, and one-off cars; and open air roadsters and two-seater mid-rear-engined roadsters. It also provides non-registered racing cars; and parts, as well as after sales, repair, maintenance, and restoration services for cars. In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; and Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates. Further, it offers non-registered racing cars; and parts, as well as after sales, repair, maintenance, and restoration services for cars. Additionally, the company provides direct or indirect finance and leasing services to retail clients and dealers; and manages race tracks, as well as owns and manages two museums in Maranello and Modena, Italy. As of December 31, 2017, it had a total of 48 retail Ferrari stores, including 30 franchised stores and 18 owned stores. The company also sells its products through a network of 164 authorized dealers operating 185 points of sale worldwide, as well as through its Website, store.ferrari.com. The company was founded in 1947 and is headquartered in Maranello, Italy.

Receive RACE News and Ratings via Email

Sign-up to receive the latest news and ratings for RACE and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Motor vehicles & car bodies
Sub-IndustryN/A
SectorAuto/Tires/Trucks
CUSIPN/A
Phone00390536949111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.86 billion
Cash Flow$4.6859 per share
Book Value$4.69 per share

Profitability

Net Income$605.15 million

Miscellaneous

Employees3,380
Market Cap$21.41 billion
OptionableOptionable

Ferrari (NYSE:RACE) Frequently Asked Questions

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 Thursday, April 19th. Shareholders of record on Tuesday, April 24th will be given a dividend of $0.88 per share on Wednesday, May 2nd. This represents a yield of 0.64%. The ex-dividend date of this dividend is Monday, April 23rd. This is a boost from Ferrari's previous annual dividend of $0.67. View Ferrari's Dividend History.

How were Ferrari's earnings last quarter?

Ferrari NV (NYSE:RACE) issued its quarterly earnings data on Monday, November, 5th. The company reported $0.90 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.88 by $0.02. The business had revenue of $838 million for the quarter, compared to analyst estimates of $864.50 million. Ferrari had a net margin of 21.34% and a return on equity of 62.07%. The firm's quarterly revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.74 earnings per share. View Ferrari's Earnings History.

When is Ferrari's next earnings date?

Ferrari is scheduled to release their next quarterly earnings announcement on Thursday, January 31st 2019. View Earnings Estimates for Ferrari.

What guidance has Ferrari issued on next quarter's earnings?

Ferrari updated its FY 2018 earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.876-3.876 billion, compared to the consensus revenue estimate of $3.96 billion.

What price target have analysts set for RACE?

8 analysts have issued 12 month target prices for Ferrari's shares. Their predictions range from $112.29 to $160.00. On average, they anticipate Ferrari's share price to reach $140.4580 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View Analyst Price Targets for Ferrari.

What is the consensus analysts' recommendation for Ferrari?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ferrari.

Has Ferrari been receiving favorable news coverage?

Media coverage about RACE stock has trended very positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ferrari earned a news impact score of 3.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are some of Ferrari's key competitors?

Who are Ferrari's key executives?

Ferrari's management team includes the folowing people:
  • Mr. Louis C. Camilleri BA, CEO & Exec. Director (Age 64)
  • Mr. Antonio Picca Piccon, Chief Financial Officer
  • Mr. Michael Hugo Leiters, Chief Technology Officer (Age 48)
  • Ms. Nicoletta Russo, Head of Investor Relations
  • Mr. Carlo Daneo, Gen. Counsel

Who are Ferrari's major shareholders?

Ferrari's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Fox Run Management L.L.C. (0.00%), Quadrant Capital Group LLC (0.00%), Cerebellum GP LLC (0.00%) and Virtu Financial LLC (0.00%).

Which institutional investors are selling Ferrari stock?

RACE stock was sold by a variety of institutional investors in the last quarter, including Virtu Financial LLC.

Which institutional investors are buying Ferrari stock?

RACE stock was bought by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., Cerebellum GP LLC and Quadrant Capital Group LLC.

How do I buy shares of Ferrari?

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

What is Ferrari's stock price today?

One share of RACE stock can currently be purchased for approximately $111.29.

How big of a company is Ferrari?

Ferrari has a market capitalization of $21.41 billion and generates $3.86 billion in revenue each year. The company earns $605.15 million in net income (profit) each year or $3.19 on an earnings per share basis. Ferrari employs 3,380 workers across the globe.

What is Ferrari's official website?

The official website for Ferrari is http://www.ferrari.com.

How can I contact Ferrari?

Ferrari's mailing address is VIA ABETONE INFERIORE N. 4, MARANELLO L6, I-41053. The company can be reached via phone at 00390536949111.


MarketBeat Community Rating for Ferrari (NYSE RACE)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  377 (Vote Outperform)
Underperform Votes:  300 (Vote Underperform)
Total Votes:  677
MarketBeat's community ratings are surveys of what our community members think about Ferrari and other stocks. Vote "Outperform" if you believe RACE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RACE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/22/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel