Ferrari N.V.(RACE) is having a Dividend Yield of 0.78% with the Annual cash Dividend per share of $0.52. and the stock has a Indicated annual dividend of $0.52. Ferrari N.V.(RACE) formally announced its most recent dividend on May 19, 2016 with a Dividend per share of $0.52. The new indicated annual dividend based on announced dividend per share is $0.52. The dividend yield based on the forward looking indicated annual dividend is 0.78%. Ferrari N.V.(RACE) has the most recent dividend payout ratio of 0.21 with a 5-year average payout ratio of .
Ferrari N.V. (NYSE:RACE) rose 0.05% or 0.03 points on Thursday and made its way into the gainers of the day. After trading began at $66.47 the stock was seen hitting $66.74 as a peak level and $65.9801 as the lowest level. The stock ended up at $66.04. The daily volume was measured at 586,421 shares. The 52-week high of the share price is $66.74 and the 52-week low is $34.1107. The company has a market cap of $16,207 million. Shares of Ferrari N.V. rose by 1.96% in the last five trading days and 10.25% for the last 4 weeks. Ferrari N.V. is up 22.09% in the last 3-month period. Year-to-Date the stock performance stands at 13.59%.
Institutional Investors own 30.45% of Ferrari N.V. shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by UBS on Feb 7, 2017 to Buy, Raises Price Target to $ 74 from a previous price target of $70 .Ferrari N.V. was Initiated by Berenberg to Buy on Nov 22, 2016.
Ferrari N.V. Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.69 EPS for the quarter, beating the analyst consensus estimate by $ 0.16. Analyst had a consensus of $0.53. The company had revenue of $836.00 million for the quarter, compared to analysts expectations of $819.87 million. The companys revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.28 EPS.
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.