Ferrari N.V. (NYSE-RACE) has announced the release date for its second quarter 2024 earnings results. The results announcement will begin via conference call on August 1, 2024. The company announced through a press release that it will expand its workforce by 250 new positions due to record earnings for fiscal year 2023. The company will also extend corporate benefits for its existing employees in the form of Ferrari treasury stock to more than 5,000 Ferrari Group employees, as well as expand employee health benefits and parental leave allowance. The company is also expanding its payment system to include cryptocurrency payments at European dealerships from the end of this month. Společnost Ferrari N.V. (NYSE-RACE) také nedávno oznámila nákup dalších kmenových akcií v rámci programu zpětného odkupu v hodnotě 350 milionů EUR s celkovou investovanou protihodnotou 99 454 117,70 EUR. Společnost koupila celkem 2 726 485 vlastních kmenových akcií. Společnost Ferrari N.V. (NYSE-RACE) také pravidelně vyplácí svým akcionářům roční dividendu.
The dividend yield is currently 0.65% p.a. and the actual dividend amount was approved by the company’s general meeting at EUR 0.61 per share. The title is currently in high demand by private investors and multinational investment corporations to buy shares of Ferrari N.V. (NYSE-RACE). According to fifteen Wall Street brokerage firm analysts and investment bank financial strategists, an increase in the share price can be expected for the short- to medium-term investment horizon. The average target price for the stock with a high estimate was set at $520.67 per share.