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.
Industry, Sector and Symbol
Industry Motor vehicles & car bodies
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Phone00390536949111
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.86 billion
Profitability
Miscellaneous
Employees3,380
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, April 19th. Investors of record on Tuesday, April 24th will be paid 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) posted its quarterly earnings data on Monday, November, 5th. The company reported $0.90 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.88 by $0.02. The business earned $838 million during the quarter, compared to the consensus estimate of $864.50 million. Ferrari had a return on equity of 62.07% and a net margin of 21.34%. The firm's revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.74 earnings per share. 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 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 1 year price targets for Ferrari's stock. Their predictions range from $112.29 to $160.00. On average, they expect Ferrari's share price to reach $140.4580 in the next twelve months. This suggests a possible upside of 24.0% 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?
Headlines about RACE stock have been trending neutral recently, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ferrari earned a media sentiment score of 0.1 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are some of Ferrari's key competitors?
Some companies that are related to Ferrari include Daimler (DDAIF), General Motors (GM), Honda Motor (HMC), Tesla (TSLA), Ford Motor (F), Nissan Motor (NSANY), Fiat Chrysler Automobiles (FCAU), VOLVO AB/ADR (VLVLY), PACCAR (PCAR), PEUGEOT SA/ADR (PUGOY), Hyundai Motor (HYMLF), SUBARU CORP/ADR (FUJHY), GEELY AUTOMOBIL/ADR (GELYY), Tata Motors (TTM) and NIO (NIO).
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 retail and institutional investors. Top institutional investors 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 $113.29.
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?
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)
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.
