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

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$139.65 -0.26 (-0.19 %)
(As of 04/22/2019 04:00 PM ET)
Previous Close$139.91
Today's Range$139.38 - $140.96
52-Week Range$93.85 - $149.85
Volume581,400 shs
Average Volume381,432 shs
Market Capitalization$26.39 billion
P/E Ratio34.74
Dividend YieldN/A
Beta1.57
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. 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 provides direct or indirect finance and leasing services to retail clients and dealers; manages race tracks, as well as owns and manages two museums in Maranello and Modena, Italy; and develops and sells a line of apparel and accessories through its monobrand stores. As of December 31, 2018, it had a total of 35 retail Ferrari stores, including 17 franchised stores and 18 owned stores. The company also sells its products through a network of 167 authorized dealers operating 190 points of sale worldwide, as well as through its Website, store.ferrari.com. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.

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Industry, Sector and Symbol

Industry Motor vehicles & car bodies
Sub-IndustryN/A
SectorAuto/Tires/Trucks
CUSIPN/A
Phone39-05-3694-9111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.04 billion
Cash Flow$5.8260 per share
Book Value$8.46 per share

Profitability

Net Income$926.71 million

Miscellaneous

Employees3,851
Market Cap$26.39 billion
Next Earnings Date5/7/2019 (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 announced 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) issued its earnings results on Thursday, January, 31st. The company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.26. The business earned $964.27 million during the quarter, compared to analyst estimates of $967.04 million. Ferrari had a return on equity of 58.04% and a net margin of 22.91%. View Ferrari's Earnings History.

When is Ferrari's next earnings date?

Ferrari is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Ferrari.

How can I listen to Ferrari's earnings call?

Ferrari will be holding an earnings conference call on Tuesday, May 7th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Ferrari updated its FY 2019 earnings guidance on Thursday, January, 31st. The company provided EPS guidance of $4.03-4.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.38. The company issued revenue guidance of $4.025 billion, compared to the consensus revenue estimate of $4.23 billion.

What price target have analysts set for RACE?

7 brokers have issued 1-year price objectives for Ferrari's shares. Their forecasts range from $112.29 to $140.00. On average, they anticipate Ferrari's stock price to reach $130.5725 in the next year. This suggests that the stock has a possible downside of 6.5%. View Analyst Price Targets for Ferrari.

What is the consensus analysts' recommendation for Ferrari?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ferrari.

Has Ferrari been receiving favorable news coverage?

News headlines about RACE stock have been trending negative on Monday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ferrari earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave headlines about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the stock's share price in the next several days.

Who are some of Ferrari's key competitors?

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), Boeing (BA), Home Depot (HD), Micron Technology (MU), Netflix (NFLX), Paypal (PYPL), Ford Motor (F), JPMorgan Chase & Co. (JPM) and Visa (V).

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 number of of institutional and retail investors. Top institutional shareholders include Baskin Financial Services Inc. (0.05%), Henry James International Management Inc. (0.03%), Virtu Financial LLC (0.00%), Quantitative Systematic Strategies LLC (0.00%), Wedbush Securities Inc. (0.00%) and Carroll Financial Associates Inc. (0.00%).

Which major investors are buying Ferrari stock?

RACE stock was bought by a variety of institutional investors in the last quarter, including Henry James International Management Inc., Baskin Financial Services Inc., Quantitative Systematic Strategies LLC, Virtu Financial LLC, Burns J W & Co. Inc. NY, Carroll Financial Associates Inc., FNY Investment Advisers LLC and Financial Gravity Wealth Inc..

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 $139.65.

How big of a company is Ferrari?

Ferrari has a market capitalization of $26.39 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.

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 39-05-3694-9111.


MarketBeat Community Rating for Ferrari (NYSE RACE)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  393 (Vote Outperform)
Underperform Votes:  314 (Vote Underperform)
Total Votes:  707
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 4/22/2019 by MarketBeat.com Staff

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