NYSE:RACE Ferrari (RACE) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free RACE Stock Alerts $424.99 +9.05 (+2.18%) (As of 05/2/2024 ET) Add Compare Share Share Today's Range$420.11▼$424.9950-Day Range$408.65▼$439.5952-Week Range$277.46▼$442.80Volume214,105 shsAverage Volume300,714 shsMarket CapitalizationN/AP/E Ratio57.05Dividend 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/Downside2.6% Downside$413.86 Price TargetShort InterestBearish1.47% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.17Based on 39 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.1.80 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 Shorted1.47% of the float of Ferrari has been sold short.Short Interest Ratio / Days to CoverFerrari has a short interest ratio ("days to cover") of 5.9.Change versus previous monthShort interest in Ferrari has recently increased by 9.88%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldFerrari does not currently pay a dividend.Dividend GrowthFerrari has only been increasing its dividend for 3 years.Dividend SustainabilityBased on earnings estimates, Ferrari will have a dividend payout ratio of 28.51% 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 2.3 News and Social Media Coverage News SentimentFerrari has a news sentiment score of 0.17. 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 39 news articles for Ferrari this week, compared to 38 articles on an average week.Search InterestOnly 19 people have searched for RACE on MarketBeat in the last 30 days. This is a decrease of -34% compared to the previous 30 days.MarketBeat Follows8 people have added Ferrari to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 57.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Ferrari is 57.05, 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 16.45.Price to Earnings Growth RatioFerrari has a PEG Ratio of 3.18. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFerrari has a P/B Ratio of 28.64. 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 Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now 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 HeadlinesMay 2, 2024 | reuters.comFerrari appeals to traditional base with two new V12 carsMay 2, 2024 | yahoo.comBook Your Next Airbnb Stay at the Ferrari MuseumMay 2, 2024 | Stansberry Research (Ad)The Long-Awaited End of America UpdateA 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.May 2, 2024 | sports.yahoo.comTyreek Hill vs. Max Verstappen? Who's Braxton Berrios picking in a race?May 2, 2024 | msn.comLewis Hamilton Says ‘No Ferrari Caps’ to F1 Fans at Autograph SigningMay 2, 2024 | msn.comHamilton says Newey would be 'amazing addition' for FerrariMay 2, 2024 | msn.com"I think Charles Leclerc is excellent all-rounder" - Ferrari team boss Frederic Vasseur showers star F1 driver with praiseMay 2, 2024 | americanbankingnews.comFerrari (NYSE:RACE) Upgraded to "Buy" by StockNews.comMay 2, 2024 | Stansberry Research (Ad)The Long-Awaited End of America UpdateA 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.May 1, 2024 | msn.comFerrari's 'Blue' Miami F1 Livery Sure Doesn't Look All That BlueMay 1, 2024 | msn.comRocco Iannone Gives An Inside Look At The Ferrari Miami Capsule Collection Arriving During Race WeekMay 1, 2024 | msn.comFerrari LaFerrari FXX K Evo: The $2.6 Million Driving Experience (VIDEO)May 1, 2024 | msn.comAdrian Newey to leave Red Bull as Ferrari look to pounce on F1’s star designerMay 1, 2024 | msn.com‘Superstar designer’ Adrian Newey tipped to join Lewis Hamilton at Ferrari after quitting Red BullMay 1, 2024 | msn.comSainz: Ferrari with fewer "scares" key to 2024 F1 progressMay 1, 2024 | americanbankingnews.comContrasting Ferrari (NYSE:RACE) & Polestar Automotive Holding UK (NASDAQ:PSNY)April 30, 2024 | finance.yahoo.comLamborghini CEO: Luxury buyers have accepted a plug-in hybrid futureApril 30, 2024 | msn.comTom Walkinshaw Racing Returns with Mighty V12-Powered Jaguar XJS DesignApril 30, 2024 | msn.comJenson Button spots key change in Lewis Hamilton ahead of Ferrari F1 2025 moveApril 30, 2024 | msn.comLewis Hamilton’s comments on Adrian Newey resurface amid Ferrari linkApril 30, 2024 | mirror.co.ukCarlos Sainz's response to Charles Leclerc act says it all as Ferrari tension brewsApril 30, 2024 | msn.comFerrari and McLaren F1 Performance Gap Small, Says VasseurApril 30, 2024 | msn.com‘We are not speaking half a second’ – Ferrari reveal tight margins with one standout in F1 2024April 30, 2024 | globenewswire.comFerrari N.V.: Periodic Report on the Buyback ProgramApril 30, 2024 | msn.comAston Martin or Ferrari? Adrian Newey’s next move predicted amid Red Bull exit rumoursApril 30, 2024 | americanbankingnews.comFerrari (RACE) Set to Announce Earnings on TuesdayApril 29, 2024 | msn.comFerrari Honors its Heritage with U.S.-Exclusive 296 GTS Limited EditionSee 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 Earnings11/02/2021Ex-Dividend for 5/3 Dividend4/22/2024Today5/02/2024Dividend 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-2.6%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$7.45 Trailing P/E Ratio57.05 Forward P/E Ratio51.14 P/E Growth3.18Net 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$8.66 per share Price / Cash Flow49.07 Book Value$14.84 per share Price / Book28.64Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta0.98 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?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:VFSFaraday Future Intelligent ElectricNASDAQ:FFIEVolconNASDAQ:VLCNView All CompetitorsInstitutional OwnershipJennison Associates LLCBought 25,228 shares on 5/2/2024Ownership: 0.000%Mutual of America Capital Management LLCBought 10,998 shares on 5/2/2024Ownership: 0.000%PDS Planning IncBought 100 shares on 5/2/2024Ownership: 0.000%Pittenger & Anderson Inc.Bought 59 shares on 5/2/2024Ownership: 0.000%Sequoia Financial Advisors LLCBought 30 shares on 5/1/2024Ownership: 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 brokerages have issued twelve-month 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 stock price to reach $413.86 in the next year. This suggests that the stock has a possible downside of 2.6%. 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 at the beginning of 2024. Since then, RACE stock has increased by 25.6% and is now trading at $424.99. 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) posted its earnings results on Tuesday, November, 2nd. The company reported $1.11 earnings per share for the quarter, topping analysts' consensus estimates of $1.07 by $0.04. The firm earned $1.24 billion during the quarter, compared to the consensus estimate of $1.26 billion. Ferrari had a trailing twelve-month return on equity of 43.84% and a net margin of 21.06%. During the same period in the prior year, the firm posted $1.08 EPS. How often does Ferrari pay dividends? What is the dividend yield for Ferrari? Ferrari declared an annual dividend on Saturday, April 13th. Investors of record on Tuesday, April 23rd will be given a dividend of $2.443 per share on Friday, May 3rd. This represents a dividend yield of 0.62%. The ex-dividend date of this dividend is Monday, April 22nd. 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 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 many different institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (0.00%), Bank of New York Mellon Corp (0.00%), WCM Investment Management LLC (0.00%), Jennison Associates LLC (0.00%), Rheos Capital Works Inc. (0.00%) and Sumitomo Mitsui Trust Holdings Inc. (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 5/2/2024 by MarketBeat.com Staff From Our PartnersCould Your Accounts Be Frozen?Allegiance GoldUrgent Nvidia WarningAltimetryBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressThe A.I. story nobody is telling you (Read ASAP)TradeSmithNew Trump BombshellThe Freeport SocietyTruth about Trump you’ve never heardPorter & CompanyThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingHe Is Giving Away BitcoinCrypto Swap Profits 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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