Ferrari stock dips as buyback and dividend support valuation

Published on 09/20/2026 at 12:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ferrari stock closed at EUR 353.75 on September 18, 2026, leaving the shares 12.5% below their 12-month high but still up 10.5% year to date. The company is backing the price with a EUR 15 million buyback and a dividend of EUR 3.615 per share.

Aquarell-Illustration: Roter Sportwagen auf kurvenreicher Straße, italienische Hügellandschaft, Ferrari N.V — Ferrari N.V. NL0011585146: Aquarell eines roten Sportwagens auf gewundener Straße durch toskanische Hügel, Illustration mit AI erstellt.

Ferrari N.V. stock (ISIN NL0011585146) ended the last completed trading day at EUR 353.75 on September 18, 2026, with a daily decline of 1.54 percent on the Milan exchange, while remaining 12.5 percent below its 12-month high and 10.5 percent above its level at the start of 2026, according to Economia-Italia.

Buyback activity supports Ferrari stock

As Economia-Italia reports on September 20, 2026, Ferrari repurchased 42,707 shares between September 7 and September 11, 2026 for a total of EUR 15 million, at an average price of EUR 352.64 per share on the Milan market.

That average buyback price of EUR 352.64 is almost identical to the closing level of EUR 353.75 on September 18, 2026, signaling that management is willing to support the current valuation rather than trying to time a short-term dip or spike, according to the same data from Economia-Italia.

Valuation, dividend and recent earnings

According to Economia-Italia on September 20, 2026, Ferrari stock is trading at a price-to-earnings ratio of about 41.2 times its 2024 earnings, underlining a premium valuation compared with many traditional automakers.

The same source notes that Ferrari paid a dividend of EUR 3.615 per share on April 20, 2026, which corresponds to a dividend yield of roughly 1.02 percent at the current share price level around EUR 353.75, giving investors a mix of income and growth from the luxury sports car manufacturer.

On the earnings side, data compiled by Yahoo Finance show that Ferrari generated revenue of EUR 1.94 billion in its second quarter of fiscal 2026, ending in mid-2026, with earnings of EUR 462 million and a profit margin of 23.84 percent for the period.

These Q2 fiscal 2026 results continue the company’s pattern of high margins, and investors can compare them with earlier quarters in fiscal 2025 to assess whether the margin trend is improving or stabilizing, based on the quarterly chart provided by Yahoo Finance.

Stock position ahead of next earnings date

Per the events overview on Yahoo Finance, the next scheduled earnings date for Ferrari is November 3, 2026, which will give the market fresh insight into how order intake, pricing and margins are developing in the second half of fiscal 2026.

At a closing level of EUR 353.75 on September 18, 2026, the shares remain 12.5 percent below their 12-month high, while still showing a year-to-date gain of 10.5 percent, according to Economia-Italia, leaving room for investors to debate whether the premium valuation and ongoing buyback justify further upside as the next earnings report approaches.