NYSE:DE

Deere & Company Stock Forecast, Price & News

$383.07
+0.93 (+0.24 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$380.82
Now: $383.07
$386.06
50-Day Range
$337.95
MA: $366.63
$382.14
52-Week Range
$117.85
Now: $383.07
$392.42
Volume1.09 million shs
Average Volume1.80 million shs
Market Capitalization$120.07 billion
P/E Ratio44.03
Dividend Yield0.94%
Beta0.96
Deere & Company, together with its subsidiaries, manufactures and distributes various equipment worldwide. The company operates through three segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment provides various agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; tillage, seeding, and application equipment comprising sprayers, nutrient management, and soil preparation machinery; self-propelled forage harvesters and attachments, balers, and mowers; riding lawn equipment, golf course equipment, utility vehicles, and commercial mowing equipment along with associated implements; integrated agricultural solutions and precision technologies; and other outdoor power products. The Construction and Forestry segment offers a range of machines and service parts used in construction, earthmoving, road building, material handling, and timber harvesting, including backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; milling machines; recyclers; slipform pavers; surface miners; asphalt pavers; compactors; tandem and static rollers; mobile crushers and screens; mobile and stationary asphalt plants; log skidders; feller bunchers; log loaders; log forwarders; and log harvesters and related logging attachments. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.
Deere & Company logo

Industry, Sector and Symbol

Industry Farm machinery & equipment
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
CUSIP24419910
Phone309-765-8000
Employees69,634
Year Founded1837

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$35.54 billion
Cash Flow$19.76 per share
Book Value$41.31 per share

Profitability

Net Income$2.75 billion

Miscellaneous

Market Cap$120.07 billion
Next Earnings Date5/21/2021 (Confirmed)
OptionableOptionable

Headlines

2 ETFs To Own For Q2 (DE)
April 6, 2021 |  marketbeat.com
Deere (DE) Gains As Market Dips: What You Should Know
April 14, 2021 |  finance.yahoo.com
10 Best Robotics Stocks For 2021
April 13, 2021 |  finance.yahoo.com
Deere & Company (NYSE:DE) Price Target Raised to $402.00
April 13, 2021 |  americanbankingnews.com
Deere & Company: Is the Recent Runup Justified?
April 12, 2021 |  finance.yahoo.com
Deere & Company (NYSE:DE) PT Raised to $410.00 at Morgan Stanley
April 12, 2021 |  americanbankingnews.com
3 Infrastructure Stocks to Buy in April
April 3, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

2.16 out of 5 stars

Industrial Products Sector

22nd out of 398 stocks

Farm Machinery & Equipment Industry

1st out of 5 stocks

Analyst Opinion: 2.4Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$383.07
+0.93 (+0.24 %)
(As of 04/16/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Deere & Company (NYSE:DE) Frequently Asked Questions

Is Deere & Company a buy right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last twelve months. There are currently 5 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Deere & Company stock.
View analyst ratings for Deere & Company
or view top-rated stocks.

What stocks does MarketBeat like better than Deere & Company?

Wall Street analysts have given Deere & Company a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Deere & Company wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Deere & Company's next earnings date?

Deere & Company is scheduled to release its next quarterly earnings announcement on Friday, May 21st 2021.
View our earnings forecast for Deere & Company
.

How can I listen to Deere & Company's earnings call?

Deere & Company will be holding an earnings conference call on Friday, May 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Deere & Company's earnings last quarter?

Deere & Company (NYSE:DE) announced its quarterly earnings data on Thursday, February, 18th. The industrial products company reported $3.87 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.17 by $1.70. The industrial products company had revenue of $8.05 billion for the quarter, compared to the consensus estimate of $7.12 billion. Deere & Company had a trailing twelve-month return on equity of 22.17% and a net margin of 7.74%. The business's quarterly revenue was up 23.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.63 EPS.
View Deere & Company's earnings history
.

How has Deere & Company's stock price been impacted by Coronavirus (COVID-19)?

Deere & Company's stock was trading at $145.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DE shares have increased by 162.6% and is now trading at $383.07.
View which stocks have been most impacted by COVID-19
.

How often does Deere & Company pay dividends? What is the dividend yield for Deere & Company?

Deere & Company announced a quarterly dividend on Wednesday, February 24th. Stockholders of record on Wednesday, March 31st will be paid a dividend of $0.90 per share on Monday, May 10th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date is Tuesday, March 30th. This is a positive change from Deere & Company's previous quarterly dividend of $0.76.
View Deere & Company's dividend history
.

Is Deere & Company a good dividend stock?

Deere & Company pays an annual dividend of $3.60 per share and currently has a dividend yield of 0.94%. Deere & Company does not yet have a strock track record of dividend growth. The dividend payout ratio of Deere & Company is 41.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Deere & Company will have a dividend payout ratio of 23.48% next year. This indicates that Deere & Company will be able to sustain or increase its dividend.
View Deere & Company's dividend history.

What price target have analysts set for DE?

20 Wall Street analysts have issued 12 month price objectives for Deere & Company's stock. Their forecasts range from $209.00 to $425.00. On average, they anticipate Deere & Company's stock price to reach $334.25 in the next twelve months. This suggests that the stock has a possible downside of 12.7%.
View analysts' price targets for Deere & Company
or view top-rated stocks among Wall Street analysts.

Who are Deere & Company's key executives?

Deere & Company's management team includes the following people:
  • Mr. John C. May II, Chairman, Pres & CEO (Age 52, Pay $5.25M) (LinkedIn Profile)
  • Mr. Ryan D. Campbell, Sr. VP & CFO (Age 47, Pay $2.94M)
  • Mr. Rajesh Kalathur, Chief Information Officer (Age 53, Pay $3.24M)
  • Ms. Mary K. W. Jones, Chief Legal Officer, Sr. VP, Gen. Counsel & Worldwide Public Affairs (Age 53, Pay $3.21M) (LinkedIn Profile)
  • Mr. Cory J. Reed, Pres of Worldwide Ag & Turf Division, Production & Precision Ag for Americas and Australia (Age 50, Pay $3.17M) (LinkedIn Profile)
  • Mr. Jeffrey A. Trahan, VP of Pension Fund & Investments
  • Mr. Jahmy J. Hindman, Chief Technology Officer (LinkedIn Profile)
  • Mr. Marc Allen Howze, Group Pres of Lifecycle Solutions & Chief Admin. Officer (Age 58) (LinkedIn Profile)
  • Mr. Josh Jepsen, Director of Investor Relations
  • Ms. Renee A. Mailhot, VP & Chief Compliance Officer

What is John May's approval rating as Deere & Company's CEO?

213 employees have rated Deere & Company CEO John May on Glassdoor.com. John May has an approval rating of 78% among Deere & Company's employees.

Who are some of Deere & Company's key competitors?

What other stocks do shareholders of Deere & Company own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Deere & Company investors own include Caterpillar (CAT), Intel (INTC), NVIDIA (NVDA), The Boeing (BA), Johnson & Johnson (JNJ), The Walt Disney (DIS), JPMorgan Chase & Co. (JPM), AT&T (T), Micron Technology (MU) and Cisco Systems (CSCO).

What is Deere & Company's stock symbol?

Deere & Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "DE."

Who are Deere & Company's major shareholders?

Deere & Company's stock is owned by many different retail and institutional investors. Top institutional investors include Retirement Systems of Alabama (0.07%), Huntington National Bank (0.04%), Gateway Investment Advisers LLC (0.04%), Royal London Asset Management Ltd. (0.04%), DnB Asset Management AS (0.03%) and Gofen & Glossberg LLC IL (0.02%). Company insiders that own Deere & Company stock include James M Field, John C May II, Marc A Howze, Mary KW Jones, Pentz Markwart Von, Rajesh Kalathur, Ryan D Campbell and Samuel R Allen.
View institutional ownership trends for Deere & Company
.

Which major investors are selling Deere & Company stock?

DE stock was sold by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., Retirement Systems of Alabama, Wedge Capital Management L L P NC, Gateway Investment Advisers LLC, Oak Harvest Investment Services, Optimum Investment Advisors, State of Alaska Department of Revenue, and DnB Asset Management AS. Company insiders that have sold Deere & Company company stock in the last year include Marc A Howze, Mary KW Jones, Pentz Markwart Von, Rajesh Kalathur, and Ryan D Campbell.
View insider buying and selling activity for Deere & Company
or view top insider-selling stocks.

Which major investors are buying Deere & Company stock?

DE stock was bought by a variety of institutional investors in the last quarter, including Huntington National Bank, Clarus Group Inc., Park National Corp OH, Asset Advisors Investment Management LLC, Everence Capital Management Inc., Neville Rodie & Shaw Inc., Brendel Financial Advisors LLC, and Leavell Investment Management Inc..
View insider buying and selling activity for Deere & Company
or or view top insider-buying stocks.

How do I buy shares of Deere & Company?

Shares of DE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Deere & Company's stock price today?

One share of DE stock can currently be purchased for approximately $383.07.

How much money does Deere & Company make?

Deere & Company has a market capitalization of $120.07 billion and generates $35.54 billion in revenue each year. The industrial products company earns $2.75 billion in net income (profit) each year or $8.69 on an earnings per share basis.

How many employees does Deere & Company have?

Deere & Company employs 69,634 workers across the globe.

Does Deere & Company have any subsidiaries?

The following companies are subsidiares of Deere & Company: A&I Products, Banco John Deere S.A., Bauer Built Manufacturing, Blue River Technology, Chamberlain Holdings Limited, Deere Capital Inc., Deere Credit Inc., Deere Credit Services Inc., Deere Receivables LLC, FPC Receivables Inc., Farm Plan Corporation, Hagie Manufacturing Co., Hamm AG, Harvest Profit, Industrias John Deere Argentina S.A., John Deere (China) Investment Co. Ltd., John Deere (Jiamusi) Agricultural Machinery Co. Ltd., John Deere (Ningbo) Agricultural Machinery Co. Ltd., John Deere (Tianjin) International Trading Co. Ltd., John Deere Agricultural Holdings Inc., John Deere Asia (Singapore) Private Limited, John Deere Bank S.A., John Deere Brasil Ltda., John Deere Canada ULC, John Deere Capital Corporation, John Deere Cash Management, John Deere Construction & Forestry Company, John Deere Electronic Solutions Inc., John Deere Financial Inc., John Deere Financial Limited, John Deere Financial Mexico S.A. de C.V. SOFOM ENR, John Deere Financial Services Inc., John Deere Financial f.s.b., John Deere Forestry Group LLC, John Deere Funding Corporation, John Deere GmbH & Co. KG, John Deere Iberica S.A., John Deere India Private Limited, John Deere International GmbH, John Deere Leasing Company, John Deere Limited, John Deere Polska Sp. z o.o., John Deere Receivables Inc., John Deere Rus. Limited Liability Company, John Deere S. de R.L. de C.V., John Deere S.A.S., John Deere Shared Services Inc., John Deere Thibodaux Inc., John Deere Walldorf GmbH & Co. KG, John Deere Warranty Inc., John Deere-Lanz Verwaltungs GmbH, Joseph Vögele Aktiengesellschaft, King Agro, LESCO, Mazzotti, Monosem, Motores John Deere S.A. de C.V., NavCom Technology, Ningbo Benye Tractor & Automobile Manufacture Co., Nortrax Inc., OnLink, PLA SA, Plastro Irrigation Systems, ReGen Technologies, Roberts Irrigation Products, T-Systems International, Timberjack Group of Finland, Unimil, United Green Mark, Waratah Forestry Equipment Canada Ltd., Wirtgen GmbH, Wirtgen Group, and Wirtgen Road Technologies GmbH.

When was Deere & Company founded?

Deere & Company was founded in 1837.

What is Deere & Company's official website?

The official website for Deere & Company is www.deere.com.

Where are Deere & Company's headquarters?

Deere & Company is headquartered at ONE JOHN DEERE PLACE, MOLINE IL, 61265.

How can I contact Deere & Company?

Deere & Company's mailing address is ONE JOHN DEERE PLACE, MOLINE IL, 61265. The industrial products company can be reached via phone at 309-765-8000.


This page was last updated on 4/17/2021 by MarketBeat.com Staff
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