RACE - Ferrari N.V.
After hours:
| Previous close | 294.53 |
| Open | 296.60 |
| Bid | 298.15 x 800 |
| Ask | 297.97 x 800 |
| Day's range | 296.60 - 299.01 |
| 52-week range | 167.45 - 302.86 |
| Volume | |
| Avg. volume | 337,428 |
| Market cap | 54.184B |
| Beta (5Y monthly) | 0.99 |
| PE ratio (TTM) | 51.51 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 2.00 (0.67%) |
| Ex-dividend date | 24 Apr 2023 |
| 1y target est | N/A |
- Globe Newswire
Ferrari N.V.: Periodic Report on the Buyback Program
Maranello (Italy), June 5, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 200 million share buyback program announced on December 1, 2022, as the second tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Second Tranche”), the additional common shares - reported in aggregate form, on a dail
- Globe Newswire
Ferrari: Strong Results, With Demand Heading Into 2025
FERRARI: STRONG RESULTS, WITH DEMAND HEADING INTO 2025 Total shipments of 3,567 units, up 9.7% versus Q1 2022Net revenues of Euro 1,429 million, up 20.5% versus prior yearAdjusted EBITDA(1) of Euro 537 million, up 27.0% versus prior yearAdjusted EBIT(1) of Euro 385 million, up 25.3% versus prior yearAdjusted EBITDA(1) margin of 37.6% and Adjusted EBIT(1) margin of 26.9% in the quarterAdjusted net profit(1) of Euro 297 million and adjusted diluted EPS(1) at Euro 1.62Industrial free cash flow(1) g
- Globe Newswire
FERRARI SIGNS A PARTNERSHIP AGREEMENT WITH DXC TECHNOLOGY
aranello (Italy), 3 May 2023 - Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announces that Ferrari S.p.A., a wholly owned Italian subsidiary, has entered into a multi-year partnership agreement with DXC Technology (NYSE:DXC) a global technology services company specialising in the production of advanced digital solutions for the automotive sector. This agreement, which comes into effect as from the fifth round of the Formula 1 season, the Miami Grand Prix (5-7 May 2023), sees DXC Technology become
- Globe Newswire
Ferrari Announces Voting Results From Its Annual General Meeting
Maranello (Italy), 14 April 2023 - Ferrari N.V. (“Ferrari” or the “Company”) (NYSE/EXM: RACE) announced today that all resolutions proposed to Shareholders at the Ferrari’s Annual General Meeting of Shareholders (the “AGM”) held today in Amsterdam, the Netherlands, were passed. The Shareholders approved the 2022 Annual Accounts, expressed a positive advice with respect to the Remuneration Report 2022 and approved a dividend in cash1 of Euro 1.810 per outstanding common share, totalling approxima
- Globe Newswire
FERRARI TO ANNOUNCE FIRST QUARTER 2023 FINANCIAL RESULTS ON MAY 4
Maranello (Italy), April 5, 2023 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the first quarter of 2023 will be released on Thursday, May 4, 2023. A live audio webcast and conference call of the 2023 Q1 results will begin at 2:00 p.m. BST / 3:00 p.m. CEST / 9:00 a.m. EDT on Thursday, May 4. Details for accessing this presentation will be available in the Investors section of Ferrari’s corporate website at https://www.ferrari.com/en-EN/corporate prior
- Globe Newswire
CYBER INCIDENT IN FERRARI.
Maranello (Italy), 20 March 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announces that Ferrari S.p.A., its wholly-owned Italian subsidiary, was recently contacted by a threat actor with a ransom demand related to certain client contact details. Upon receipt of the ransom demand, we immediately started an investigation in collaboration with a leading global third-party cybersecurity firm. In addition, we informed the relevant authorities and are confident they will investigate to the full ex
- Globe Newswire
FERRARI PUBLISHES AGENDA FOR THE 2023 AGM
Maranello (Italy), March 3, 2023 - Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announced today that it has published the agenda and the explanatory notes for the 2023 Annual General Meeting of Shareholders (“AGM”), which will be held on April 14, 2023 in Amsterdam, beginning at 9:00 a.m. CEST.Ferrari’s AGM notice and explanatory notes, AGM materials and other instructions are available under the section Investors on Ferrari’s corporate website at https://www.ferrari.com/en-EN/corporate, where they
- Globe Newswire
Ferrari Signs a Partnership With VGW
Maranello (Italy), 2 March 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announces that Ferrari S.p.A., its wholly-owned Italian subsidiary, has signed a multi-year partnership agreement with Virtual Gaming Worlds (VGW), a global technology Company that specializes in the creation of cutting-edge online social games. Under the new multi-year agreement, effective from the first Formula 1 Grand Prix of the season in Bahrain (3-5 March 2023), VGW will become Premium Partner of Scuderia Ferrari.
- Globe Newswire
Ferrari Releases Its 2022 Annual Report and Files Annual Report on Form 20-F
Maranello (Italy), February 24, 2023 - Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2022 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2022, with the United States Securities and Exchange Commission. Ferrari’s 2022 Annual Report and annual report on Form 20-F are available under section Investors on Ferrari’s corporate website at https://www.ferrari.com/en-EN/corporate, where they can be vi
- Globe Newswire
Dividend Distribution Proposal
Maranello (Italy), February 24, 2023 - Ferrari N.V. (NYSE/EXM: RACE) (the “Company”) announced today that its Board of Directors intends to recommend to the Company’s shareholders a dividend distribution to the holders of common shares of Euro 1.810 per common share, implying an increase of 33% compared to the prior year and corresponding to a total distribution of approximately Euro 329 million. The distribution will be subject to its approval by the Annual General Meeting of Shareholders which
- Globe Newswire
VistaJet and Ferrari expand long-standing partnership
VistaJet x Ferrari Carlos Sainz and Charles Leclerc VistaJet proudly celebrates its fifth year as Scuderia Ferrari’s partner for the 2023 Formula 1 season;As Ferrari returns to the World Endurance Championship after 50 years, VistaJet unveils a new partnership with Ferrari in its Hypercar Programme;All Ferrari drivers participating in international GT races continue to enjoy access to a Vista Members’ fleet of over 360 aircraft. London, February 22, 2023: With the herculean 2023 race calendar, V
- Globe Newswire
LORENZO GIORGETTI APPOINTED CHIEF RACING REVENUE OFFICER
Maranello (Italy), February 7, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announced that Lorenzo Giorgetti joins Ferrari today as Chief Racing Revenue Officer, reporting to CEO Benedetto Vigna. Giorgetti has extensive experience in delivering consistent commercial growth of prestigious sports properties for the benefit of the sponsors and Ferrari. Most recently Giorgetti was Chief Commercial Officer at AC Milan and played a significant role in the club's marketing an
- Globe Newswire
Ferrari - Record 2022 Results With Expanding Demand. The Order Book Sustains an Even Stronger 2023
Total shipments of 13,221 units, up 18.5% versus FY 2021Net revenues of Euro 5,095 million, up 19.3% versus prior yearEBITDA(1) of Euro 1,773 million, up 15.8% versus prior yearEBIT of Euro 1,227 million, up 14.1% versus prior yearEBITDA(1) margin of 34.8% and EBIT margin of 24.1% in the yearNet profit of Euro 939 million and diluted EPS(1) at Euro 5.09Industrial free cash flow(1) generation of Euro 758 million “Last year ended with outstanding financial results that met and exceeded our guidanc
- Globe Newswire
2023 Corporate Calendar
Maranello (Italy), 30 January 2023 - Ferrari N.V. (the “Company”) (NYSE/EXM: RACE) announced today the following corporate calendar for year 20231: Earnings Releases 2 February 2023 - Group results for 4th quarter and full-year 20224 May 2023 - Group results for 1st quarter 20232 August 2023 - Group results for 2nd quarter 20232 November 2023 - Group results for 3rd quarter 2023 A conference call for financial analysts is also planned on the date of each earnings release. Listen only live webcas
- Globe Newswire
Ferrari to Announce 2022 Full Year and Fourth Quarter Financial Results on February 2
Maranello (Italy), January 20, 2023 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the full year and fourth quarter of 2022 will be released on Thursday, February 2, 2023. A live audio webcast and conference call of the 2022 full year and fourth quarter results will begin at 1:00 p.m. GMT / 2:00 p.m. CET / 8:00 a.m. EST on Thursday, February 2. Details for accessing this presentation will be available in the Investors section of Ferrari’s corporate web
- Globe Newswire
FERRARI ENTERS INTO A PARTNERSHIP AGREEMENT WITH ASAHI EUROPE & INTERNATIONAL
Maranello (Italy), January 16, 2023 – Ferrari N.V. (NYSE/EXM: RACE) announces that Ferrari S.p.A., wholly-owned Italian subsidiary of Ferrari N.V., today has signed a multiyear agreement with Asahi Europe & International, Ltd effective from January 1, 2024, through which one of its non-alcoholic brands will appear on the Scuderia Ferrari F1 single-seater and cars of the Ferrari Challenge. Attachment PR Ferrari_Asahi_ENG
- Globe Newswire
FERRARI EXTENDS ITS PARTNERSHIP WITH ESSILORLUXOTTICA. EYEWEAR LINE LICENCING AND RACING ACTIVITIES SPONSORSHIP BOTH EXPANDED WITH NEW AGREEMENT.
Maranello (Italy), 15 December 2022 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari”) announces that Ferrari S.p.A., its wholly-owned Italian subsidiary, has renewed and expanded the partnership with EssilorLuxottica that began in 2016. Under the new multi-year agreement, signed by the two companies today and effective from 1 January 2023, EssilorLuxottica will continue to design, produce and market eyewear products featuring the Scuderia Ferrari and Ray-Ban brands. The licensing activities also exten
- Globe Newswire
FRED VASSEUR APPOINTED SCUDERIA FERRARI TEAM PRINCIPAL
Maranello (Italy), December 13, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announced that Fred Vasseur will join Scuderia Ferrari on 9 January as Team Principal and General Manager. Vasseur has over 25 years of winning motor racing experience, commencing in the junior formulas and over the last decade in Formula 1. During this time, he has also been widely acknowledged for his success in fostering leading driver talent, claiming the GP2 series in both 2005 (Nico Rosb
- Globe Newswire
FERRARI N.V.: COMPLETION OF THE FIRST TRANCHE AND ANNOUNCEMENT OF THE SECOND TRANCHE OF THE MULTI-YEAR SHARE REPURCHASE PROGRAM
Maranello (Italy), December 1, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on June 30, 2022, as the initial tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “First Tranche”), the additional common shares - reported in aggregate form, on a dai
- Globe Newswire
Ferrari Announcement
Maranello (Italy), November 29, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) announces that it has accepted the resignation of Mattia Binotto who will leave his role as Scuderia Ferrari Team Principal on December 31. Benedetto Vigna commented: “I would like to thank Mattia for his many great contributions over 28 years with Ferrari and particularly for leading the team back to a position of competitiveness during this past year. As a result, we are in a strong position to re
- Globe Newswire
DELIVERING STRONG RESULTS LEADING TO UPWARD REVISED 2022 GUIDANCE ON ALL METRICS
Maranello (Italy), November 2, 2022 – Ferrari N.V. (NYSE/EXM: RACE) today announces its consolidated preliminary results for the third quarter and nine months ended September 30, 2022 – summarized below: Total shipments of 3,188 units, up 15.9% versus Q3 2021 Net revenues of Euro 1,250 million, up 18.7% versus prior yearEBITDA of Euro 435 million, up 17.1% versus prior year EBIT of Euro 299 million, up 10.5% versus prior year EBITDA margin of 34.8% and EBIT margin of 23.9% in the quarter, result
- Globe Newswire
Ferrari to Announce Third Quarter 2022 Financial Results on November 2
Maranello (Italy), October 17, 2022 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the third quarter of 2022 will be released on Wednesday, November 2, 2022. A live audio webcast and conference call of the 2022 Q3 results will begin at 2:00 p.m. GMT / 3:00 p.m. CET / 10:00 a.m. EDT on Wednesday, November 2. Details for accessing this presentation will be available in the Investors section of Ferrari’s corporate website at https://www.ferrari.com/en-EN/
- Globe Newswire
A Quarter of Records, 2022 Guidance Revised Upward on All Metrics
Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2022. Results for the Q2 are summarized as follows: Total shipments of 3,455 units, up 28.7% versus Q2 2021 Net revenues of Euro 1,291 million, up 24.9% versus prior yearEBITDA of Euro 446 million, up 15.5% versus prior year EBIT of Euro 323 million, up 17.8% versus prior year EBITDA margin of 34.6% and EBIT margin of 25.0%, in line
- Globe Newswire
FERRARI TO ANNOUNCE SECOND QUARTER 2022 FINANCIAL RESULTS ON AUGUST 2
Maranello (Italy), July 13, 2022 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the second quarter of 2022 will be released on Tuesday, August 2, 2022. A live audio webcast and conference call of the 2022 Q2 results will begin at 2:00 p.m. BST / 3:00 p.m. CEST / 9:00 a.m. EDT on Tuesday, August 2. Details for accessing this presentation will be available in the Investors section of Ferrari’s corporate website at https://www.ferrari.com/en-EN/corporate
- Globe Newswire
FERRARI N.V. TO COMMENCE A EURO 150 MILLION FIRST TRANCHE OF ITS NEW MULTI-YEAR SHARE BUYBACK PROGRAM OF APPROXIMATELY EURO 2 BILLION
Maranello (Italy), June 30, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) announces that it intends to commence a Euro 150 million share buyback program, as the initial tranche of the new multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “First Tranche”). The First Tranche will start on July 1, 2022 and will end no later than November 30, 2022. The First Tr
