Q1 EPS Estimates for Deere & Company Cut by Zacks Research

Key Points

• Analysts at Zacks Research have cut their earnings estimates for Deere & Company’s Q1 2026 from $2.87 to $2.83 per share, with the full-year estimate currently at $19.32 per share.
• Several brokerages have adjusted their price targets for Deere & Company, with JPMorgan lowering its target from $500.00 to $495.00 and Citigroup from $525.00 to $515.00, both maintaining a "neutral" rating.
• Deere & Company recently announced a quarterly dividend of $1.62, resulting in an annualized dividend of $6.48 and a yield of 1.4%, with a payout ratio of 33.87%.

Deere & Company (NYSE:DE - Free Report) - Analysts at Zacks Research dropped their Q1 2026 earnings estimates for Deere & Company in a report released on Thursday, October 9th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $2.83 per share for the quarter, down from their previous forecast of $2.87. The consensus estimate for Deere & Company's current full-year earnings is $19.32 per share. Zacks Research also issued estimates for Deere & Company's Q2 2026 earnings at $5.97 EPS, Q2 2027 earnings at $7.24 EPS, Q3 2027 earnings at $6.44 EPS and FY2027 earnings at $24.23 EPS.

Several other brokerages have also commented on DE. Weiss Ratings reissued a "hold (c+)" rating on shares of Deere & Company in a research report on Wednesday. JPMorgan Chase & Co. decreased their price target on shares of Deere & Company from $500.00 to $495.00 and set a "neutral" rating for the company in a research note on Tuesday, September 2nd. Citigroup dropped their price objective on shares of Deere & Company from $525.00 to $515.00 and set a "neutral" rating on the stock in a research note on Tuesday. Oppenheimer lowered their target price on shares of Deere & Company from $566.00 to $512.00 and set an "outperform" rating for the company in a report on Thursday, September 18th. Finally, Robert W. Baird cut their price target on Deere & Company from $520.00 to $488.00 and set a "neutral" rating on the stock in a research note on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, Deere & Company presently has a consensus rating of "Moderate Buy" and an average price target of $513.88.

Deere & Company Trading Down 1.1%

NYSE DE opened at $455.73 on Friday. The firm has a market capitalization of $123.20 billion, a PE ratio of 23.82, a P/E/G ratio of 2.97 and a beta of 1.02. The stock's 50 day moving average is $480.23 and its 200 day moving average is $488.58. Deere & Company has a twelve month low of $387.03 and a twelve month high of $533.78. The company has a quick ratio of 1.98, a current ratio of 2.19 and a debt-to-equity ratio of 1.76.

Deere & Company (NYSE:DE - Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The industrial products company reported $4.75 EPS for the quarter, topping the consensus estimate of $4.62 by $0.13. Deere & Company had a net margin of 11.72% and a return on equity of 21.97%. The business had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.33 billion. During the same period last year, the business posted $6.29 earnings per share. Deere & Company's quarterly revenue was down 9.0% compared to the same quarter last year.

Hedge Funds Weigh In On Deere & Company

Institutional investors have recently made changes to their positions in the business. Southland Equity Partners LLC raised its stake in shares of Deere & Company by 3.9% in the second quarter. Southland Equity Partners LLC now owns 534 shares of the industrial products company's stock worth $271,000 after buying an additional 20 shares during the period. Vivid Wealth Management LLC grew its position in shares of Deere & Company by 1.9% during the second quarter. Vivid Wealth Management LLC now owns 1,088 shares of the industrial products company's stock worth $553,000 after purchasing an additional 20 shares in the last quarter. Werba Rubin Papier Wealth Management lifted its holdings in Deere & Company by 3.0% in the 2nd quarter. Werba Rubin Papier Wealth Management now owns 676 shares of the industrial products company's stock worth $344,000 after purchasing an additional 20 shares in the last quarter. Prairie Wealth Advisors Inc. raised its position in shares of Deere & Company by 2.1% during the second quarter. Prairie Wealth Advisors Inc. now owns 964 shares of the industrial products company's stock valued at $492,000 after buying an additional 20 shares during the last quarter. Finally, Chicago Partners Investment Group LLC boosted its position in shares of Deere & Company by 1.2% during the first quarter. Chicago Partners Investment Group LLC now owns 1,803 shares of the industrial products company's stock worth $852,000 after acquiring an additional 21 shares during the last quarter. Institutional investors own 68.58% of the company's stock.

Deere & Company Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 10th. Investors of record on Tuesday, September 30th will be issued a $1.62 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $6.48 annualized dividend and a yield of 1.4%. Deere & Company's dividend payout ratio (DPR) is currently 33.87%.

About Deere & Company

Deere & Co engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.