Ferrari N.V., through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hypercars; Fuori series, one-off, and track cars; and Icona cars. It also provides non-registered racing cars; and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars.
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Industry, Sector and Symbol
Industry Motor vehicles & car bodies
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Phone39-05-3694-9111
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.04 billion
Profitability
Miscellaneous
Employees3,851
Next Earnings Date11/4/2019 (Confirmed)
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 declared an annual dividend on Thursday, February 28th. Investors of record on Wednesday, April 24th will be paid a dividend of $1.1677 per share on Thursday, May 2nd. This represents a yield of 0.91%. The ex-dividend date of this dividend is Tuesday, April 23rd. This is a boost from Ferrari's previous annual dividend of $0.88. View Ferrari's Dividend History.
How were Ferrari's earnings last quarter?
Ferrari NV (NYSE:RACE) released its quarterly earnings results on Friday, August, 2nd. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.03 by $0.06. The company earned $1.11 billion during the quarter, compared to analysts' expectations of $1.08 billion. Ferrari had a net margin of 23.42% and a return on equity of 50.99%. View Ferrari's Earnings History.
When is Ferrari's next earnings date?
What guidance has Ferrari issued on next quarter's earnings?
Ferrari issued an update on its FY19 earnings guidance on Friday, August, 2nd. The company provided earnings per share (EPS) guidance of €3.50-3.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.68. The company issued revenue guidance of >€3.5 billion, compared to the consensus revenue estimate of $3.70 billion.
What price target have analysts set for RACE?
10 analysts have issued 1-year price objectives for Ferrari's shares. Their predictions range from $112.29 to $225.00. On average, they anticipate Ferrari's share price to reach $172.76 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Ferrari.
What is the consensus analysts' recommendation for Ferrari?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ferrari.
Has Ferrari been receiving favorable news coverage?
Headlines about RACE stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ferrari earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Ferrari.
Are investors shorting Ferrari?
Ferrari saw a decline in short interest in the month of September. As of September 30th, there was short interest totalling 2,370,000 shares, a decline of 11.9% from the August 30th total of 2,690,000 shares. Based on an average daily trading volume, of 435,600 shares, the short-interest ratio is presently 5.4 days. Approximately 2.1% of the company's shares are short sold. View Ferrari's Current Options Chain.
Who are some of Ferrari's key competitors?
Some companies that are related to Ferrari include VOLKSWAGEN AG/ADR (VWAGY), Daimler (DDAIF), General Motors (GM), Honda Motor (HMC), Tesla (TSLA), Ford Motor (F), VOLVO AB/ADR (VLVLY), Fiat Chrysler Automobiles (FCAU), Nissan Motor (NSANY), PACCAR (PCAR), PEUGEOT SA/ADR (PUGOY), SUBARU CORP/ADR (FUJHY), Hyundai Motor (HYMLF), GEELY AUTOMOBIL/ADR (GELYY) and WABCO (WBC).
What other stocks do shareholders of Ferrari own?
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 many different of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.11%), Commerzbank Aktiengesellschaft FI (0.10%), Baskin Financial Services Inc. (0.05%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%), Envestnet Asset Management Inc. (0.02%) and Crossmark Global Holdings Inc. (0.01%).
Which major investors are selling Ferrari stock?
RACE stock was sold by a variety of institutional investors in the last quarter, including Carroll Financial Associates Inc., Crossmark Global Holdings Inc., Envestnet Asset Management Inc., Wedbush Securities Inc. and Financial Gravity Wealth Inc..
Which major investors are buying Ferrari stock?
RACE stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Commerzbank Aktiengesellschaft FI, Baskin Financial Services Inc., Polianta Ltd, Nisa Investment Advisors LLC, Zurcher Kantonalbank Zurich Cantonalbank , Cerebellum GP LLC and Cerebellum GP 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, Robinhood, Fidelity and Charles Schwab.
What is Ferrari's stock price today?
One share of RACE stock can currently be purchased for approximately $156.01.
How big of a company is Ferrari?
Ferrari has a market capitalization of $29.48 billion and generates $4.04 billion in revenue each year. The company earns $926.71 million in net income (profit) each year or $4.02 on an earnings per share basis. Ferrari employs 3,851 workers across the globe.View Additional Information About Ferrari.
What is Ferrari's official website?
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 39-05-3694-9111.
MarketBeat Community Rating for Ferrari (NYSE RACE)
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.
