NYSE:RACE Ferrari (RACE) Stock Price, News & Analysis → The 'Smart Money' Is Ready for May 1st Are You? (From Stansberry Research) (Ad) Free RACE Stock Alerts $421.00 -3.74 (-0.88%) (As of 01:44 PM ET) Add Compare Share Share Today's Range$418.00▼$424.9150-Day Range$382.45▼$439.5952-Week Range$273.39▼$442.80Volume113,655 shsAverage Volume304,023 shsMarket Capitalization$77.78 billionP/E Ratio56.51Dividend YieldN/APrice Target$413.86 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Ferrari alerts: Email Address Ferrari MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside1.8% Downside$413.86 Price TargetShort InterestBearish1.33% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.25Based on 60 Articles This WeekInsider TradingN/AProj. Earnings Growth10.59%From $8.31 to $9.19 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.13 out of 5 stars 2.2 Analyst's Opinion Consensus RatingFerrari has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 5 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageFerrari has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.33% of the float of Ferrari has been sold short.Short Interest Ratio / Days to CoverFerrari has a short interest ratio ("days to cover") of 5.1.Change versus previous month Previous Next 1.7 Dividend Strength Dividend YieldFerrari does not currently pay a dividend.Dividend GrowthFerrari has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Ferrari is 6.91%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ferrari will have a dividend payout ratio of 5.60% next year. This indicates that Ferrari will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RACE. Previous Next 2.4 News and Social Media Coverage News SentimentFerrari has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 60 news articles for Ferrari this week, compared to 37 articles on an average week.Search Interest23 people have searched for RACE on MarketBeat in the last 30 days. This is an increase of 10% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Ferrari to their MarketBeat watchlist in the last 30 days. This is a decrease of -10% compared to the previous 30 days. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ferrari insiders have not sold or bought any company stock. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Ferrari are expected to grow by 10.59% in the coming year, from $8.31 to $9.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ferrari is 56.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Ferrari is 56.60, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 11.58.Price to Earnings Growth RatioFerrari has a PEG Ratio of 3.14. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFerrari has a P/B Ratio of 28.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingThe Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him About Ferrari Stock (NYSE:RACE)Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale, as well as through its website. The company was founded in 1947 and is headquartered in Maranello, Italy.Read More RACE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RACE Stock News HeadlinesApril 24, 2024 | proactiveinvestors.comFerrari and HP strike multi-year F1 sponsorship dealApril 24, 2024 | forbes.comFerrari: Powering The MythApril 24, 2024 | Insiders Exposed (Ad)The Hard Truth About Investing For RetirementHere’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.April 24, 2024 | globenewswire.comFerrari enters into a partnership agreement with HPApril 23, 2024 | msn.comF1 state of play: RB, Verstappen shine as Hamilton, Mercedes strainApril 23, 2024 | msn.comFerrari "made too many mistakes" for F1 podium fight at Chinese GPApril 23, 2024 | msn.comFerrari's F1 Cars Will Be Blue at MiamiApril 23, 2024 | msn.comFerrari to revive striking historic colours in Miami Grand Prix livery changeApril 24, 2024 | Insiders Exposed (Ad)The Hard Truth About Investing For RetirementHere’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.April 23, 2024 | msn.comFerrari "made too many mistakes" for podium fight at F1 Chinese GPApril 23, 2024 | finance.yahoo.comFord Has Its Ferrari. It Could Help the Stock Rise.April 23, 2024 | barrons.comFord Doesn't Have a Ferrari Division, but Ford Pro Could Be a Stock CatalystApril 23, 2024 | msn.comF1 News: Charles Leclerc Isn't 'Satisfied' As He Awaits Ferrari UpgradesApril 23, 2024 | msn.comFerrari SF90 Stradale Variants: Personalized Performance IconsApril 23, 2024 | msn.comHamilton form raises Ferrari F1 move fearsApril 23, 2024 | msn.comF1 News: Ferrari Set to Announce Huge New Title SponsorApril 23, 2024 | msn.comFerrari announces Miami F1 livery change to mark US anniversaryApril 23, 2024 | reuters.comVolkswagen holds keys to Porsche's race against FerrariApril 23, 2024 | americanbankingnews.comMorgan Stanley Reaffirms "Overweight" Rating for Ferrari (NYSE:RACE)April 23, 2024 | americanbankingnews.comFerrari (NYSE:RACE) Price Target Raised to $465.00April 22, 2024 | msn.comFierce Hamilton F1 rival raises timing issue for Ferrari moveApril 22, 2024 | benzinga.comUnpacking the Latest Options Trading Trends in FerrariApril 22, 2024 | sports.yahoo.comImola showed why Ferrari’s Hypercar program is still a work in progressApril 22, 2024 | msn.comWhy are Ferraris Always Red? Unveiling a Racing Legend's TraditionApril 22, 2024 | globenewswire.comFERRARI TO ANNOUNCE FIRST QUARTER 2024 FINANCIAL RESULTS ON MAY 7April 22, 2024 | markets.businessinsider.comAnalysts Offer Insights on Consumer Cyclical Companies: Coty (COTY) and Ferrari (RACE)April 22, 2024 | msn.comYes, There Is An Official Ferrari Motorcycle In The World - Here Are The DetailsSee More Headlines Receive RACE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ferrari and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/01/2024Ex-Dividend for 5/3 Dividend4/22/2024Today4/24/2024Dividend Payable5/03/2024Next Earnings (Confirmed)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorAuto/Tires/Trucks Industry Motor vehicles & car bodies Sub-IndustryN/A Current SymbolNYSE:RACE CUSIPN/A CIK1648416 Webwww.ferrari.com Phone390536949111FaxN/AEmployees4,988Year Founded1947Price Target and Rating Average Stock Price Target$413.86 High Stock Price Target$512.00 Low Stock Price Target$260.00 Potential Upside/Downside-2.5%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$7.45 Trailing P/E Ratio56.99 Forward P/E Ratio51.10 P/E Growth3.14Net Income$1.36 billion Net Margins21.06% Pretax Margin26.84% Return on Equity43.84% Return on Assets15.73% Debt Debt-to-Equity Ratio0.81 Current Ratio3.91 Quick Ratio2.98 Sales & Book Value Annual Sales$6.46 billion Price / SalesN/A Cash Flow$8.77 per share Price / Cash Flow48.43 Book Value$14.84 per share Price / Book28.61Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta0.97 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. John Jacob Philip Elkann (Age 48)Executive Chairman Comp: $1.64MMr. Benedetto Vigna (Age 55)CEO & Executive Director Comp: $5.09MMr. Antonio Picca Piccon (Age 60)Chief Financial Officer Mr. Davide Abate (Age 40)Chief Technologies & Infrastructures Officer Ms. Nicoletta RussoHead of Investor RelationsMr. Carlo Daneo (Age 56)General Counsel Mr. Marco Lovati (Age 52)Chief Internal Audit, Risk and Compliance Officer Ms. Francesca Montini (Age 45)Chief Communications Officer Mr. Enrico Galliera (Age 58)Chief Marketing & Commercial Officer Mr. Michele Antoniazzi (Age 55)Chief Human Resources Officer More ExecutivesKey CompetitorsChijet MotorNASDAQ:CJETChina Yuchai InternationalNYSE:CYDVinFast AutoNASDAQ:VFSLightning eMotorsNYSE:ZEVFaraday Future Intelligent ElectricNASDAQ:FFIEView All CompetitorsInstitutional OwnershipAssenagon Asset Management S.A.Sold 4,678 shares on 4/24/2024Ownership: 0.006%E Fund Management Hong Kong Co. Ltd.Bought 109 shares on 4/24/2024Ownership: 0.000%Sapient Capital LLCSold 125 shares on 4/23/2024Ownership: 0.000%Cigna Investments Inc. NewSold 38 shares on 4/23/2024Ownership: 0.000%Busey BankBought 538 shares on 4/23/2024Ownership: 0.000%View All Institutional Transactions RACE Stock Analysis - Frequently Asked Questions Should I buy or sell Ferrari stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RACE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RACE, but not buy additional shares or sell existing shares. View RACE analyst ratings or view top-rated stocks. What is Ferrari's stock price target for 2024? 10 brokers have issued 1 year target prices for Ferrari's stock. Their RACE share price targets range from $260.00 to $512.00. On average, they anticipate the company's share price to reach $413.86 in the next year. This suggests that the stock has a possible downside of 1.8%. View analysts price targets for RACE or view top-rated stocks among Wall Street analysts. How have RACE shares performed in 2024? Ferrari's stock was trading at $338.43 on January 1st, 2024. Since then, RACE shares have increased by 24.6% and is now trading at $421.64. View the best growth stocks for 2024 here. When is Ferrari's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our RACE earnings forecast. How can I listen to Ferrari's earnings call? Ferrari will be holding an earnings conference call on Tuesday, May 7th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Ferrari's earnings last quarter? Ferrari (NYSE:RACE) released its quarterly earnings data on Thursday, February, 1st. The company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.15. The firm earned $1.64 billion during the quarter, compared to analyst estimates of $1.61 billion. Ferrari had a net margin of 21.06% and a trailing twelve-month return on equity of 43.84%. How often does Ferrari pay dividends? What is the dividend yield for Ferrari? Ferrari declared an annual dividend on Saturday, April 13th. Shareholders of record on Tuesday, April 23rd will be paid a dividend of $2.443 per share on Friday, May 3rd. This represents a yield of 0.62%. The ex-dividend date of this dividend is Monday, April 22nd. Read our dividend analysis for RACE. Is Ferrari a good dividend stock? Ferrari (NYSE:RACE) pays an annual dividend of $0.51 per share and currently has a dividend yield of 0.00%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RACE will have a dividend payout ratio of 5.60% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RACE. What ETFs hold Ferrari's stock? ETFs with the largest weight of Ferrari (NYSE:RACE) stock in their portfolio include Alpha Architect International Quantitative Momentum ETF (IMOM). What guidance has Ferrari issued on next quarter's earnings? Ferrari updated its FY 2024 earnings guidance on Thursday, February, 1st. The company provided EPS guidance of 8.070- for the period, compared to the consensus earnings per share estimate of 8.260. The company issued revenue guidance of $6.9 billion-, compared to the consensus revenue estimate of $7.1 billion. 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), Home Depot (HD), Intel (INTC), Netflix (NFLX), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Salesforce (CRM) and Walt Disney (DIS). Who are Ferrari's major shareholders? Ferrari's stock is owned by a number of institutional and retail investors. Top institutional investors include Rheos Capital Works Inc. (0.00%), Sumitomo Mitsui Trust Holdings Inc. (0.00%), Allspring Global Investments Holdings LLC (0.00%), Douglas Lane & Associates LLC (0.00%), Sapient Capital LLC (0.00%) and Raymond James & Associates (0.00%). How do I buy shares of Ferrari? Shares of RACE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Ferrari have any subsidiaries? The following companies are subsidiares of Ferrari: Ferrari (HK) Limited, Ferrari Australasia Pty Limited, Ferrari Central Europe GmbH (1), Ferrari Far East Pte Limited, Ferrari Financial Services Inc., Ferrari International Cars Trading (Shanghai) Co. L.t.d., Ferrari Japan KK, Ferrari Management Consulting (Shanghai) Co. L.t.d., Ferrari North America Inc., Ferrari S.p.A., Ferrari South West Europe S.a.r.l., G.S.A. S.A., and Mugello Circuit S.p.A..Read More This page (NYSE:RACE) was last updated on 4/24/2024 by MarketBeat.com Staff From Our PartnersThis Apple-like Innovator is Revolutionizing HealthcareWall Street Startop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersFed launches fourth dollar overhaulStansberry Research"The Biggest Drug Ever" Is ComingBehind the MarketsNew Trump BombshellThe Freeport SocietyMan Who Predicted 2008: “This Will be Worse.”Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ferrari Please log in to your account or sign up in order to add this asset to your watchlist. 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