Ferrari N.V.
RACEConsumer Cyclical · Stock · annual payer
Forward Yield
1.12%
Annual Dividend
$4.23
Payout Ratio
33%
5-Yr Growth
22.8%
Ex-Date
Apr 21, 2026
Frequency
Annual
Summary
As of July 2026, Ferrari N.V. (RACE) yields 1.12% ($4.23 per share annually), with a blended fair-value estimate of $198.22 — -47% downside, so it screens as overvalued. Dividend safety grade: C (55/100). 4 years of dividend growth.
Is RACE a good dividend stock?
MixedFerrari N.V. (RACE) pays a annual dividend yielding 1.12% ($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 (33%)
- Strong 22.8% 5-yr dividend growth
- 73% total price return over 5 years
Risks
- Cut its dividend in 2021
Key Data
- Dividend Yield
- 1.12%
- Payout Ratio
- 33%
- Annual Dividend
- $4.23
- 5-Yr Avg Growth
- 22.8%
- Ex-Dividend Date
- Apr 21, 2026
- Years of Growth
- 4
- Frequency
- annual
- Beta
- 0.59
- Market Cap
- $65.3B
- P/E Ratio
- 36.7
- 5-Yr Total Return
- 73%
- 52-Week Range
- $312.51 – $519.10
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
RACE Price — Last 12 Months
Daily close
Price Return
1 Year
-21%
3 Years
+19%
5 Years
+73%
52-Week Range
$312.51 – $519.10
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 $198.22 per share, versus a market price of $376.83. That implies 47% of downside.
Fair Value
$198.22
Current Price
$376.83
Downside
-47%
Margin of Safety
-90%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream 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 8.5% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.3% discount rate (CAPM), 8.5% stage-1 growth, 2.5% terminal growth, $10.25 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
