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

$129.56 +2.85 (+2.25 %)
(As of 02/23/2018 04:00 PM ET)
Previous Close$129.56
Today's Range$127.05 - $129.62
52-Week Range$64.76 - $131.20
Volume258,449 shs
Average Volume791,121 shs
Market Capitalization$23.94 billion
P/E Ratio40.61
Dividend Yield0.54%
Beta1.59

About Ferrari (NYSE: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.

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Industry, Sector and Symbol

Industry Auto Manufacturers - Major
Sub-IndustryN/A
SectorAuto/Tires/Trucks
SymbolNYSE:RACE
CUSIPN/A
Phone00390536949111

Debt

Debt-to-Equity Ratio2.77%
Current Ratio3.26%
Quick Ratio2.68%

Price-To-Earnings

Trailing P/E Ratio40.6144200626959
Forward P/E Ratio39.26
P/E Growth2.75

Sales & Book Value

Annual Sales$3.86 billion
Price / Sales6.34
Cash Flow$4.03 per share
Price / Cash32.15
Book Value$1.93 per share
Price / Book67.13

Profitability

Trailing EPS$3.19
Net Income$606.61 million
Net Margins15.74%
Return on Equity98.82%
Return on Assets13.59%

Miscellaneous

Employees3,248
Outstanding Shares188,950,000

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 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 of this dividend is Monday, April 24th. View Ferrari's Dividend History.

How were Ferrari's earnings last quarter?

Ferrari (NYSE:RACE) released its quarterly earnings data on Thursday, February, 1st. The company reported $0.84 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.87 by $0.03. The firm had revenue of $840 million for the quarter, compared to the consensus estimate of $869.74 million. Ferrari had a net margin of 15.74% and a return on equity of 98.82%. Ferrari's revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.69 earnings per share. View Ferrari's Earnings History.

When will Ferrari make its next earnings announcement?

Ferrari is scheduled to release their next quarterly earnings announcement on Thursday, May, 3rd 2018. View Earnings Estimates for Ferrari.

Where is Ferrari's stock going? Where will Ferrari's stock price be in 2018?

9 Wall Street analysts have issued 12-month price objectives for Ferrari's shares. Their predictions range from $100.00 to $131.00. On average, they anticipate Ferrari's stock price to reach $114.20 in the next twelve months. View Analyst Ratings for Ferrari.

What are Wall Street 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. " (2/8/2018)
  • 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 are some of Ferrari's key competitors?

Who owns Ferrari stock?

Ferrari's stock is owned by a number of of retail and institutional investors. Top institutional investors include Arrowstreet Capital Limited Partnership (1.18%), Winslow Capital Management LLC (0.82%), Deutsche Bank AG (0.65%), WCM Investment Management CA (0.55%), Bank of New York Mellon Corp (0.43%) and Amundi Pioneer Asset Management Inc. (0.37%). View Institutional Ownership Trends for Ferrari.

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 Credit Agricole S A, Two Sigma Advisers LP, Goldman Sachs Group Inc., Winslow Capital Management LLC, Mckinley Capital Management LLC Delaware, Jane Street Group LLC, Wells Fargo & Company MN and Tiger Eye Capital LLC. View Insider Buying and Selling for Ferrari.

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 Arrowstreet Capital Limited Partnership, Amundi Pioneer Asset Management Inc., Deutsche Bank AG, Renaissance Technologies LLC, WCM Investment Management CA, Maverick Capital Ltd., Allianz Asset Management GmbH and Commerzbank Aktiengesellschaft FI. View Insider Buying and Selling for Ferrari.

How do I buy Ferrari stock?

Shares of Ferrari 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 Ferrari stock can currently be purchased for approximately $129.56.

How big of a company is Ferrari?

Ferrari has a market capitalization of $23.94 billion and generates $3.86 billion in revenue each year. The company earns $606.61 million in net income (profit) each year or $3.19 on an earnings per share basis. Ferrari employs 3,248 workers across the globe.

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 (RACE)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  266 (Vote Outperform)
Underperform Votes:  185 (Vote Underperform)
Total Votes:  451
MarketBeat's community ratings are surveys of what our community members think about Ferrari and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Ferrari (NYSE:RACE) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldBuy
Consensus Rating Score: 2.332.332.382.50
Ratings Breakdown: 1 Sell Rating(s)
4 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
2 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $114.20$113.20$106.40$78.25
Price Target Upside: 7.73% downside6.95% upside2.21% downside27.26% downside

Ferrari (NYSE:RACE) Consensus Price Target History

Price Target History for Ferrari (NYSE:RACE)

Ferrari (NYSE:RACE) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/14/2018Morgan StanleyBoost Price TargetUnderweight -> Underweight$100.00 -> $105.00MediumView Rating Details
12/11/2017HSBCInitiated CoverageHold -> HoldLowView Rating Details
12/8/2017Jefferies GroupBoost Price TargetBuy$130.00LowView Rating Details
9/13/2017Goldman Sachs GroupInitiated CoverageNeutral -> Neutral$131.00LowView Rating Details
9/1/2017Evercore ISIBoost Price TargetIn -> In-Line$46.00 -> $105.00MediumView Rating Details
8/14/2017Berenberg BankReiterated RatingBuyLowView Rating Details
6/16/2017Bank of AmericaReiterated RatingBuy$90.00 -> $100.00LowView Rating Details
5/15/2017Kepler Capital MarketsReiterated RatingHoldN/AView Rating Details
3/23/2017CitigroupUpgradeNeutral -> BuyLowView 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
(Data available from 2/24/2016 forward)

Earnings

Ferrari (NYSE:RACE) Earnings History and Estimates Chart

Earnings by Quarter for Ferrari (NYSE:RACE)

Ferrari (NYSE RACE) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2018$0.88N/AView Earnings Details
2/1/2018Not Specified$0.87$0.84$869.74 million$840.00 millionViewListenView Earnings Details
11/2/2017Q3 2017$0.72$0.87$982.08 millionViewN/AView Earnings Details
8/2/20176/30/2017$0.66$0.79$1.01 billionViewListenView Earnings Details
5/4/2017Q1 2017$0.53$0.69$789.36 million$874.09 millionViewN/AView Earnings Details
2/2/2017Q4 2016$0.53$0.74$902.21 millionViewN/AView Earnings Details
11/7/2016Q316$0.53$0.59$826.93 million$783.00 millionViewListenView Earnings Details
8/2/2016Q2 2016$0.46$0.61$900.62 millionViewN/AView 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
(Earnings results data provided by Zacks Investment Research)

Estimates

Ferrari (NYSE:RACE) Earnings Estimates

Current Year EPS Consensus Estimate: $3.3 EPS
Next Year EPS Consensus Estimate: $3.68 EPS

Dividends

Ferrari (NYSE:RACE) Dividend Information

Most Recent Dividend:5/2/2017
Annual Dividend:$0.68
Dividend Yield:0.52%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:21.32% (Trailing 12 Months of Earnings)
20.61% (Based on This Year's Estimates)
18.48% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ferrari (NYSE:RACE)

Ferrari (NYSE:RACE) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/1/2017Annual$0.674/24/20174/26/20175/2/2017
2/19/2016Annual$0.515/23/20165/24/20165/30/2016
(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 MarketBeat.com

Headlines

Ferrari (NYSE RACE) News Headlines

Source:
DateHeadline
Sei Investments Co. Purchases 11,435 Shares of Ferrari (RACE)Sei Investments Co. Purchases 11,435 Shares of Ferrari (RACE)
www.americanbankingnews.com - February 24 at 5:40 AM
AutoZone’s Stock Performance ahead of Fiscal 2Q18 EarningsAutoZone’s Stock Performance ahead of Fiscal 2Q18 Earnings
finance.yahoo.com - February 23 at 4:18 PM
FERRARI releases its 2017 Annual Report and files annual report on Form 20-FFERRARI releases its 2017 Annual Report and files annual report on Form 20-F
finance.yahoo.com - February 23 at 4:18 PM
Alfa Romeo returns to F1 racing by sponsoring Sauber for 2018Alfa Romeo returns to F1 racing by sponsoring Sauber for 2018
finance.yahoo.com - February 22 at 4:18 PM
Free Post Earnings Research Report: Ferrari Reported Robust Q4 FY17 and Full FY17 ResultsFree Post Earnings Research Report: Ferrari Reported Robust Q4 FY17 and Full FY17 Results
finance.yahoo.com - February 22 at 9:47 AM
Meet the Ferrari 488 Pista and its 711-HP V-8Meet the Ferrari 488 Pista and its 711-HP V-8
www.msn.com - February 21 at 4:15 PM
Ferrari 488 Pista Track Day Special To Debut At Geneva Motor ShowFerrari 488 Pista Track Day Special To Debut At Geneva Motor Show
www.forbes.com - February 21 at 4:15 PM
Alfa Romeo returns to Formula One with Ferrari-powered C37 race carAlfa Romeo returns to Formula One with Ferrari-powered C37 race car
finance.yahoo.com - February 20 at 4:14 PM
FERRARI: periodic report on the buyback programFERRARI: periodic report on the buyback program
finance.yahoo.com - February 20 at 4:14 PM
See what the IHS Markit Score report has to say about Ferrari NV.See what the IHS Markit Score report has to say about Ferrari NV.
finance.yahoo.com - February 20 at 9:23 AM
Red Bull Racing Reveals 2018 Formula 1 Car: The RB14Red Bull Racing Reveals 2018 Formula 1 Car: The RB14
www.msn.com - February 19 at 4:12 PM
2018 Ferrari Portofino First Drive Review | Forget all about the California2018 Ferrari Portofino First Drive Review | Forget all about the California
finance.yahoo.com - February 16 at 9:24 AM
Ferrari 488 Special Series teased in videoFerrari 488 Special Series teased in video
finance.yahoo.com - February 16 at 9:24 AM
Motor racing: Williams look to Lowe with launch of new F1 carMotor racing: Williams look to Lowe with launch of new F1 car
www.reuters.com - February 15 at 4:19 PM
Ferrari Faces These Risks With 'FUV,' Tesla-Rivaling Electric SupercarFerrari Faces These Risks With 'FUV,' Tesla-Rivaling Electric Supercar
finance.yahoo.com - February 15 at 4:18 PM
Ferrari (RACE) Price Target Raised to $105.00 at Morgan StanleyFerrari (RACE) Price Target Raised to $105.00 at Morgan Stanley
www.americanbankingnews.com - February 14 at 12:58 PM
Motor racing: Nothing against U.S. drivers but not yet, says HaasMotor racing: Nothing against U.S. drivers but not yet, says Haas
www.reuters.com - February 13 at 3:21 PM
How Do GM’s Technicals Look after Solid 4Q17 Results?How Do GM’s Technicals Look after Solid 4Q17 Results?
finance.yahoo.com - February 13 at 3:21 PM
Every Car Racing in the 2018 24 Hours of Le MansEvery Car Racing in the 2018 24 Hours of Le Mans
www.msn.com - February 12 at 3:21 PM
Motor racing: Red Bull to present new car ahead of F1 rivalsMotor racing: Red Bull to present new car ahead of F1 rivals
www.reuters.com - February 12 at 3:21 PM
What Could Drive GM’s Valuation Multiples in 1Q18?What Could Drive GM’s Valuation Multiples in 1Q18?
finance.yahoo.com - February 12 at 3:21 PM
The Stratos is coming back, but don't call it a LanciaThe Stratos is coming back, but don't call it a Lancia
finance.yahoo.com - February 12 at 6:10 AM
Bear of the Day: Ferrari (RACE) - NasdaqBear of the Day: Ferrari (RACE) - Nasdaq
www.nasdaq.com - February 10 at 6:15 AM
Ferrari to launch share buyback programFerrari to launch share buyback program
www.marketwatch.com - February 9 at 3:27 PM
Ferrari Plans to Increase Its Global Shipments in 2018Ferrari Plans to Increase Its Global Shipments in 2018
finance.yahoo.com - February 9 at 3:27 PM
Bear of the Day: Ferrari (RACE)Bear of the Day: Ferrari (RACE)
finance.yahoo.com - February 9 at 3:27 PM
FERRARI: Ferrari N.V. to launch common shares buyback programFERRARI: Ferrari N.V. to launch common shares buyback program
finance.yahoo.com - February 9 at 3:27 PM
Ferrari (RACE) Receives Average Rating of "Hold" from AnalystsFerrari (RACE) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - February 9 at 1:04 PM
Ferrari (RACE) Cut to Sell at Zacks Investment ResearchFerrari (RACE) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - February 8 at 3:50 PM
Factors that Helped Ferrari Expand Its Profit Margins in 2017Factors that Helped Ferrari Expand Its Profit Margins in 2017
finance.yahoo.com - February 8 at 3:21 PM
Here’s How Ferrari Gained Strength in the UK and Asia in 2017Here’s How Ferrari Gained Strength in the UK and Asia in 2017
finance.yahoo.com - February 8 at 3:21 PM
FY2018 EPS Estimates for Ferrari (RACE) Cut by AnalystFY2018 EPS Estimates for Ferrari (RACE) Cut by Analyst
www.americanbankingnews.com - February 8 at 12:50 PM
Ferrari And Slowing Growth - Seeking AlphaFerrari And Slowing Growth - Seeking Alpha
seekingalpha.com - February 8 at 5:54 AM
Ferrari’s Shipments to the Americas Strengthened in 4Q17Ferrari’s Shipments to the Americas Strengthened in 4Q17
finance.yahoo.com - February 8 at 5:54 AM
Why Ferrari’s Revenues Remained Flat in 4Q17Why Ferrari’s Revenues Remained Flat in 4Q17
finance.yahoo.com - February 8 at 5:54 AM
Ferrari (RACE) Forecasted to Post FY2022 Earnings of $7.54 Per ShareFerrari (RACE) Forecasted to Post FY2022 Earnings of $7.54 Per Share
www.americanbankingnews.com - February 7 at 11:30 PM
A 1953 Ferrari Leads RM Sotheby’s Paris AuctionA 1953 Ferrari Leads RM Sotheby’s Paris Auction
www.barrons.com - February 7 at 6:10 AM
General Motors’ Valuation Multiples before 4Q17 EarningsGeneral Motors’ Valuation Multiples before 4Q17 Earnings
finance.yahoo.com - February 6 at 3:21 PM
Russian Oligarchs on U.S. Treasury List Facing Added ScrutinyRussian Oligarchs on U.S. Treasury List Facing Added Scrutiny
finance.yahoo.com - February 6 at 5:58 AM
Ferraris CEO shoots down claims that Teslas Model S is secretly a supercar (TSLA, RACE)Ferrari's CEO shoots down claims that Tesla's Model S is secretly a supercar (TSLA, RACE)
finance.yahoo.com - February 5 at 6:10 AM
Investors Expect Ferrari To Meet Its Challenging Profit TargetInvestors Expect Ferrari To Meet Its Challenging Profit Target
finance.yahoo.com - February 4 at 3:23 PM
Investors Expect Ferrari To Meet Its Challenging Profit TargetInvestors Expect Ferrari To Meet Its Challenging Profit Target
finance.yahoo.com - February 4 at 3:23 PM
Ferraris CEO shoots down claims that Teslas Model S is secretly a supercarFerrari's CEO shoots down claims that Tesla's Model S is secretly a supercar
www.businessinsider.com - February 3 at 6:07 AM
Investors In Ferrari NV (NYSE:RACE) Are Paying Above The Intrinsic ValueInvestors In Ferrari NV (NYSE:RACE) Are Paying Above The Intrinsic Value
finance.yahoo.com - February 3 at 6:07 AM
Ferrari NV to Host Earnings CallFerrari NV to Host Earnings Call
finance.yahoo.com - February 3 at 6:07 AM
Ferrari turns to hybrids, SUVs to double profits by 2022Ferrari turns to hybrids, SUVs to double profits by 2022
finance.yahoo.com - February 3 at 6:07 AM
Ferrari posts 4Q profitFerrari posts 4Q profit
finance.yahoo.com - February 3 at 6:07 AM
Ferrari (RACE) Soars: Stock Adds 7.3% in SessionFerrari (RACE) Soars: Stock Adds 7.3% in Session
finance.yahoo.com - February 3 at 6:07 AM
Ferrari (RACE) Soars: Stock Adds 7.3% in Session - NasdaqFerrari (RACE) Soars: Stock Adds 7.3% in Session - Nasdaq
www.nasdaq.com - February 2 at 3:21 PM
After a Strong 2017, Ferrari Aims to Double ProfitAfter a Strong 2017, Ferrari Aims to Double Profit
www.fool.com - February 2 at 2:51 PM

SEC Filings

Ferrari (NYSE:RACE) SEC Filings

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Social Media

Financials

Ferrari (NYSE:RACE) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Ferrari (NYSE RACE) Stock Chart for Saturday, February, 24, 2018

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This page was last updated on 2/24/2018 by MarketBeat.com Staff

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