RACE Ferrari N.V.

Consumer Cyclical · Auto Manufacturers

3 · Weak Momentum 7.0 · Neutral Safe 4y streak

425.18

+3.09%

About the company

Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. It offers sports, track, one-off, and road cars, as well as supercars. The company also provides 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, it operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, the company provides direct or indirect finance and leasing services; range of financial and ancillary services; special financing arrangements; and operates franchised and owned Ferrari stores. The company was founded in 1947 and is headquartered in Maranello, Italy.

Website

0.99%

39.46%

4.23

74.7B

39.66

10.72

364.22

52-week range

425

low 313 high 504

Dividend deep dive

Ferrari N.V. (RACE) operates in the Auto Manufacturers industry. The company currently offers a dividend yield of 1.12% in USD, which is above its 5-year average yield of 0.65% and towards the higher end of its 5-year range (0.47% to 0.77%). This suggests a potential undervaluation by Yield Theory. The company has a rating score of 5.0.

Dividend history

Ferrari N.V. has a dividend increase streak of 4 consecutive years. The company has demonstrated strong dividend growth, with a 3-year Compound Annual Growth Rate (CAGR) of 32.77% and a 5-year CAGR of 22.84%. Historical annual dividends per share in USD are: $0.516 in 2016, $0.681 in 2017, $0.872 in 2018, $1.159 in 2019, $1.229 in 2020, $1.039 in 2021, $1.469 in 2022, $1.989 in 2023, $2.604 in 2024, and a projected $3.438 for 2025. Dividends are paid annually, typically in April.