Ferrari N.V.
RACEConsumer Cyclical · Stock · annual payer
Forward Yield
1.04%
Annual Dividend
$4.23
Payout Ratio
39%
5-Yr Growth
22.8%
Ex-Date
Apr 21, 2026
Frequency
Annual
Summary
As of September 2026, Ferrari N.V. (RACE) yields 1.04% ($4.23 per share annually), with a blended fair-value estimate of $235.25 — -42% downside, so it screens as overvalued. Dividend safety grade: C (57/100). 4 years of dividend growth.
Is RACE a good dividend stock?
MixedFerrari N.V. (RACE) pays a annual dividend yielding 1.04% ($4.23/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (39%)
- Strong 22.8% 5-yr dividend growth
- 71% total price return over 5 years
Risks
- Cut its dividend in 2021
Key Data
- Dividend Yield
- 1.04%
- Payout Ratio
- 39%
- Annual Dividend
- $4.23
- 5-Yr Avg Growth
- 22.8%
- Ex-Dividend Date
- Apr 21, 2026
- Years of Growth
- 4
- Frequency
- annual
- Beta
- 0.60
- Market Cap
- $71.4B
- P/E Ratio
- 38.2
- 5-Yr Total Return
- 71%
- 52-Week Range
- $312.51 – $504.49
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
RACE Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
+35%
5 Years
+71%
52-Week Range
$312.51 – $504.49
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is RACE worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Ferrari N.V. is $235.25 per share, versus a market price of $406.69. That implies 42% of downside.
Fair Value
$235.25
Current Price
$406.69
Downside
-42%
Margin of Safety
-73%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 8.7% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.3% discount rate (CAPM), 8.7% stage-1 growth, 2.5% terminal growth, $10.66 EPS, $4.23 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
RACE Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 20, 2026 | — | $4.2540 | regular |
| Apr 22, 2025 | — | $3.4380 | regular |
| Apr 22, 2024 | — | $2.6040 | regular |
| Apr 24, 2023 | — | $1.9890 | regular |
| Apr 19, 2022 | — | $1.4690 | regular |
| Apr 19, 2021 | — | $1.0390 | regular |
| Apr 20, 2020 | — | $1.2290 | regular |
| Apr 23, 2019 | — | $1.1590 | regular |
| Apr 23, 2018 | — | $0.8720 | regular |
| Apr 24, 2017 | — | $0.6810 | regular |
| May 23, 2016 | — | $0.5160 | regular |
Income Calculator
At $4.23 / yr per share
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