Deere & Company Company Profile (NYSE:DE)

About Deere & Company

Deere & Company logoDeere & Company is engaged in equipment operations. The Company is engaged in providing financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The agriculture and turf segment manufactures and distributes a line of agriculture and turf equipment and related service parts. The construction and forestry segment provides a line of construction equipment, and forestry machines and attachments available in the world. The construction and forestry segment is also engaged in providing fleet management telematics solutions. The financial services segment primarily finances sales and leases by the Company dealers of new and used agriculture and turf equipment and construction and forestry equipment. The financial services segment also provides wholesale financing to dealers of the foregoing equipment, finances retail revolving charge accounts and offers extended equipment warranties.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Farm & Construction Machinery
  • Sub-Industry: Construction & Farm Machinery & Heavy Trucks
  • Exchange: NYSE
  • Symbol: DE
  • CUSIP: 24419910
Key Metrics:
  • Previous Close: $110.27
  • 50 Day Moving Average: $106.25
  • 200 Day Moving Average: $92.41
  • 52-Week Range: $74.91 - $112.18
  • Trailing P/E Ratio: 23.89
  • Foreward P/E Ratio: 20.60
  • P/E Growth: 1.31
  • Market Cap: $34.92B
  • Outstanding Shares: 316,700,000
  • Beta: 0.73
Profitability:
  • Net Margins: 5.72%
  • Return on Equity: 21.97%
  • Return on Assets: 2.63%
Debt:
  • Debt-to-Equity Ratio: 3.64%
  • Current Ratio: 2.13%
  • Quick Ratio: 1.96%
Additional Links:
Companies Related to Deere & Company:

Analyst Ratings

Consensus Ratings for Deere & Company (NYSE:DE) (?)
Ratings Breakdown: 4 Sell Ratings, 12 Hold Ratings, 10 Buy Ratings
Consensus Rating:Hold (Score: 2.23)
Consensus Price Target: $97.63 (10.93% downside)

Analysts' Ratings History for Deere & Company (NYSE:DE)
Show:
DateFirmActionRatingPrice TargetDetails
2/21/2017Wells Fargo & CompanyReiterated RatingOutperform$121.50 -> $124.50View Rating Details
2/21/2017RBC Capital MarketsReiterated RatingHold$109.00View Rating Details
2/19/2017Barclays PLCSet Price TargetSell$80.00View Rating Details
2/17/2017Credit Suisse GroupSet Price TargetBuy$132.00View Rating Details
1/24/2017J P Morgan Chase & CoReiterated RatingSellView Rating Details
1/24/2017Berenberg BankInitiated CoverageSell$90.00View Rating Details
1/19/2017AegisReiterated RatingHold$110.00View Rating Details
1/6/2017Vertical ResearchUpgradeSell -> HoldView Rating Details
12/29/2016Robert W. BairdReiterated RatingOutperform$117.00 -> $100.25View Rating Details
12/16/2016BMO Capital MarketsReiterated RatingOutperform$120.00View Rating Details
12/1/2016Bank of America CorpUpgradeNeutral -> Buy$124.00View Rating Details
11/28/2016Jefferies Group LLCReiterated RatingHold$85.00 -> $95.00View Rating Details
11/28/2016Piper Jaffray CompaniesUpgradeUnderweight -> Neutral$70.00 -> $100.00View Rating Details
11/25/2016MacquarieUpgradeUnderperform -> NeutralView Rating Details
11/25/2016Longbow ResearchUpgradeUnderperform -> NeutralView Rating Details
11/25/2016Royal Bank Of CanadaBoost Price TargetSector Perform$80.00 -> $98.00View Rating Details
11/9/2016MizuhoDowngradeBuy -> NeutralView Rating Details
10/27/2016Oppenheimer Holdings, Inc.DowngradeOutperform -> Market PerformView Rating Details
10/18/2016Clarkson CapitalUpgradeNeutral -> BuyView Rating Details
9/6/2016Deutsche Bank AGInitiated CoverageHold$90.00View Rating Details
8/23/2016ArgusBoost Price TargetBuy$90.00 -> $98.00View Rating Details
8/22/2016Citigroup Inc.Lower Price TargetBuy$100.00 -> $87.00View Rating Details
8/22/2016Morgan StanleyBoost Price TargetUnderweight$70.00 -> $76.00View Rating Details
6/2/2016Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$87.00 -> $105.00View Rating Details
5/24/2016Cowen and CompanyUpgradeMarket Perform -> Outperform$50.50View Rating Details
2/22/2016Societe GeneraleLower Price TargetHold$82.00 -> $81.00View Rating Details
2/20/2016William BlairReiterated RatingSell$75.00View Rating Details
1/13/2016Sandler O'NeillDowngradeHoldView Rating Details
11/25/2015S&P Equity ResearchReiterated RatingSellView Rating Details
10/15/2015Avondale PartnersInitiated CoverageOutperform$90.00View Rating Details
7/18/2015Seaport Global SecuritiesBoost Price Target$88.00 -> $94.00View Rating Details
(Data available from 2/21/2015 forward)

Earnings

Earnings History for Deere & Company (NYSE:DE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/19/2017        
2/17/2017Q1 2017$0.54$0.61$4.59 billion$4.70 billionViewN/AView Earnings Details
11/23/2016Q416$0.40$0.90$6.52 billionViewN/AView Earnings Details
8/19/2016Q316$0.94$1.55$6.72 billionViewN/AView Earnings Details
5/20/2016Q216$1.48$1.56$7.88 billionViewListenView Earnings Details
2/19/2016Q116$0.70$0.80$4.94 billion$5.53 billionViewListenView Earnings Details
11/25/2015Q415$0.75$1.08$5.93 billionViewN/AView Earnings Details
8/21/2015Q315$1.44$1.53$6.84 billionViewN/AView Earnings Details
5/22/2015Q215$1.57$2.03$8.17 billionViewListenView Earnings Details
2/20/2015Q115$0.83$1.12$5.54 billion$5.61 billionViewN/AView Earnings Details
11/26/2014Q414$1.57$1.83$8.04 billionViewN/AView Earnings Details
8/13/2014Q3$2.20$2.33$8.75 million$9.50 billionViewListenView Earnings Details
5/14/2014Q214$2.48$2.65$9.65 billion$9.95 billionViewN/AView Earnings Details
2/11/2014Q114$1.52$1.81$6.62 billion$7.65 billionViewN/AView Earnings Details
11/20/2013Q413$1.89$2.11$8.68 billion$8.62 billionViewListenView Earnings Details
8/14/2013Q3 2013$2.17$2.56$9.28 billion$10.01 billionViewN/AView Earnings Details
5/15/2013Q2 2013$2.72$2.76$9.81 billion$10.91 billionViewListenView Earnings Details
2/13/2013Q1 2013$1.40$1.65$6.72 billion$7.42 billionViewListenView Earnings Details
11/21/20121.75$1.75$9.79 billionViewN/AView Earnings Details
8/15/2012$2.32$1.98ViewN/AView Earnings Details
5/16/2012$2.54$2.61ViewN/AView Earnings Details
2/15/2012$1.24$1.30ViewN/AView Earnings Details
11/23/2011$1.43$1.62ViewN/AView Earnings Details
8/17/2011$1.67$1.69ViewN/AView Earnings Details
5/18/2011$2.06$2.12ViewN/AView Earnings Details
2/16/2011$0.99$1.20ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Deere & Company (NYSE:DE)
Current Year EPS Consensus Estimate: $4.58 EPS
Next Year EPS Consensus Estimate: $5.32 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.70$0.82$0.75
Q2 20162$1.47$1.75$1.61
Q3 20163$0.90$1.20$1.03
Q4 20163$0.38$0.64$0.50
Q1 20173$0.46$0.55$0.49
Q2 20173$1.57$1.60$1.58
Q3 20173$1.20$1.59$1.41
Q4 20172$1.05$1.10$1.08
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Deere & Company (NYSE:DE)
Annual Dividend:$2.40
Dividend Yield:2.19%
Dividend Growth:6.40% (3 Year Average)
Payout Ratio:49.90% (Based on Trailing 12 Months of Earnings)
52.40% (Based on Current Year Consensus EPS Estimate)
45.11% (Based on Next Year Consensus EPS Estimate)

Dividend History for Deere & Company (NYSE:DE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/7/2016quarterly$0.6012/28/201612/30/20162/1/2017
8/31/2016quarterly$0.609/28/20169/30/201611/1/2016
5/25/2016quarterly$0.606/28/20166/30/20168/1/2016
12/2/2015quarterly$0.6012/29/201512/31/20152/1/2016
8/26/2015quarterly$0.609/28/20159/30/201511/2/2015
5/27/2015quarterly$0.602.57%6/26/20156/30/20158/3/2015
2/25/2015quarterly$0.602.63%3/27/20153/31/20155/1/2015
12/3/2014quarterly$0.602.68%12/29/201412/31/20142/2/2015
8/27/2014quarterly$0.602.86%9/26/20149/30/201411/3/2014
5/28/2014quarterly$0.602.63%6/26/20146/30/20148/1/2014
2/26/2014quarterly$0.512.4%3/27/20143/31/20145/1/2014
12/4/2013quarterly$0.512.4%12/27/201312/31/20132/3/2014
8/28/2013quarterly$0.512.43%9/26/20139/30/201311/1/2013
5/30/2013quarterly$0.512.34%6/26/20136/28/20138/1/2013
2/27/2013quarterly$0.512.32%3/26/20133/28/20135/1/2013
12/5/2012quarterly$0.4612/31/20122/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Deere & Company (NYSE:DE)
Insider Ownership Percentage: 0.75%
Institutional Ownership Percentage: 71.09%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/1/2016James M FieldInsiderSell49,964$101.67$5,079,839.88View SEC Filing  
11/25/2016Max A GuinnInsiderSell36,402$102.94$3,747,221.88View SEC Filing  
11/23/2016John C May IIInsiderSell18,614$96.46$1,795,506.44View SEC Filing  
12/2/2015Rajesh KalathurCFOSell4,366$79.52$347,184.32View SEC Filing  
6/30/2015Jean H GillesSVPSell4,463$98.21$438,311.23View SEC Filing  
6/30/2015Max A GuinnInsiderSell14,374$97.32$1,398,877.68View SEC Filing  
6/26/2015James M FieldInsiderSell28,228$95.07$2,683,635.96View SEC Filing  
6/11/2015Max A GuinnInsiderSell12,251$93.00$1,139,343.00View SEC Filing  
3/23/2015Mary K.W. JonesVPSell7,000$90.00$630,000.00View SEC Filing  
3/16/2015Mary K.W. JonesVPSell3,484$89.44$311,608.96View SEC Filing  
2/24/2015Pentz Markwart VonInsiderSell13,911$90.94$1,265,066.34View SEC Filing  
5/29/2014Rajesh KalathurCFOSell4,860$90.96$442,065.60View SEC Filing  
5/19/2014John May IIInsiderSell4,571$90.75$414,818.25View SEC Filing  
4/8/2014Jean GillesSVPSell13,100$92.74$1,214,894.00View SEC Filing  
4/4/2014James FieldInsiderSell13,380$92.56$1,238,452.80View SEC Filing  
4/4/2014Jean GillesSVPSell9,550$92.72$885,476.00View SEC Filing  
4/3/2014Samuel AllenCEOSell32,371$92.02$2,978,779.42View SEC Filing  
8/23/2013Rajesh KalathurCFOSell4,672$82.99$387,729.28View SEC Filing  
1/22/2013James R JenkinsSVPSell17,257$91.91$1,586,090.87View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Deere & Company (NYSE:DE)
DateHeadline
seekingalpha.com logoDeere: Cautioning Investors - Seeking Alpha (NYSE:DE)
seekingalpha.com - February 20 at 4:22 PM
finance.yahoo.com logo6:56 am Deere beats by $0.07, beats on revs; guides Q2 revs above consensus; raises FY17 revs above consensus; raises net income (NYSE:DE)
finance.yahoo.com - February 20 at 4:22 PM
seekingalpha.com logoI Was Wrong About Deere & Co (NYSE:DE)
seekingalpha.com - February 20 at 11:33 AM
News IconBIZ BYTES: Q-C companies among the Most Admired (NYSE:DE)
qctimes.com - February 19 at 11:07 AM
News IconWill Deere & Company Raise Its Dividend in 2017? (NYSE:DE)
www.suredividend.com - February 19 at 11:07 AM
marketwatch.com logoDeere beats profit views, gives upbeat outlook (NYSE:DE)
www.marketwatch.com - February 18 at 4:26 PM
News IconDeere & Company announces first quarter earnings (NYSE:DE)
www.ottumwacourier.com - February 18 at 8:36 AM
seekingalpha.com logoDeere & Company: Sell Now As Headwinds Are Here To Stay (NYSE:DE)
seekingalpha.com - February 18 at 8:36 AM
News IconDeere posts lower earns amid signs of market stabilization (NYSE:DE)
qctimes.com - February 18 at 8:36 AM
us.rd.yahoo.com logoEdited Transcript of DE earnings conference call or presentation 17-Feb-17 3:00pm GMT (NYSE:DE)
us.rd.yahoo.com - February 18 at 8:36 AM
marketwatch.com logoDeere Announces First-Quarter Earnings of $194 Million (NYSE:DE)
www.marketwatch.com - February 17 at 7:38 PM
News IconDeere sees growth in sales, revenue (NYSE:DE)
www.qconline.com - February 17 at 7:38 PM
News IconDeere revenue rises 1.8 percent (NYSE:DE)
mundoaguaysaneamiento.net - February 17 at 7:38 PM
bloomberg.com logoDeere Raises Profit Forecast as Construction Boosts Order Book (NYSE:DE)
www.bloomberg.com - February 17 at 7:38 PM
News IconDeere says the global farming recession may be coming to an end (NYSE:DE)
www.businessinsider.com - February 17 at 7:38 PM
News IconDeere & Company Lifts 2017 Revenue Outlook As Q1 Earnings Top Expectations (NYSE:DE)
brassale.net - February 17 at 7:38 PM
seekingalpha.com logoDeere & Company 2017 Q1 - Results - Earnings Call Slides (NYSE:DE)
seekingalpha.com - February 17 at 7:38 PM
thestreet.com logoStocks Drift Lower in Quieter Trading After the Week's Record Run (NYSE:DE)
us.rd.yahoo.com - February 17 at 7:38 PM
us.rd.yahoo.com logoDeere's (DE) Q1 Earnings, Revenues Beat Estimates (NYSE:DE)
us.rd.yahoo.com - February 17 at 7:38 PM
thestreet.com logoStocks Hold Mixed in Unsettled Session as Record Rally Ends (NYSE:DE)
us.rd.yahoo.com - February 17 at 7:38 PM
thestreet.com logoDeere Sees Ag Markets Stabilizing (NYSE:DE)
us.rd.yahoo.com - February 17 at 7:38 PM
wsj.com logo[$$] Deere Gives Upbeat Outlook as Earnings Fall (NYSE:DE)
www.wsj.com - February 17 at 7:38 PM
cnbc.com logoAgriculture market is 'nearing bottom,' Deere says (NYSE:DE)
www.cnbc.com - February 17 at 3:17 PM
News IconHow Deere Beat Estimates and Set a Higher Outlook Than Expected (NYSE:DE)
feedproxy.google.com - February 17 at 8:34 AM
cnbc.com logoDeere revenue rises 1.8%, shares climb (NYSE:DE)
www.cnbc.com - February 17 at 8:34 AM
News IconStock Futures Slip, Small Caps Tumble; Deere, Arista Advance (NYSE:DE)
feedproxy.google.com - February 17 at 8:15 AM
News IconA Historic Milestone: The John Deere Steel Plow in 1837 (NYSE:DE)
blog.machinefinder.com - February 16 at 7:30 PM
seekingalpha.com logoHas Deere Been Able To Plow Through Rough Patch In Farming? (NYSE:DE)
seekingalpha.com - February 16 at 7:30 PM
4-traders.com logoBad break turns good: Rural Huron couple wins John Deere after hitting deer (NYSE:DE)
www.4-traders.com - February 16 at 7:30 PM
News IconDeere and Company to Release First Quarter Financial Results (NYSE:DE)
peoriapublicradio.org - February 16 at 7:30 PM
News IconSell-Side Analyst's Predictions: Deere & Company (DE), Celgene Corporation (CELG) - The USA Commerce (NYSE:DE)
theusacommerce.com - February 16 at 2:29 PM
News IconWhy to Keeping Eye on Agilent Technologies, Inc. (A), Deere & Company (DE)? - StockNewsJournal (NYSE:DE)
stocknewsjournal.com - February 16 at 2:29 PM
News IconDeere me: This car is not farm implement - Classic Car News (NYSE:DE)
news.classiccars.com - February 16 at 2:29 PM
benzinga.com logoDeere & Company (NYSE:DE) - Earnings: How Much Has The Farm ... - Benzinga (NYSE:DE)
www.benzinga.com - February 16 at 2:29 PM
finance.yahoo.com logoDeere & Company is among World's Top 50 Most Admired Companies - Yahoo Finance (NYSE:DE)
finance.yahoo.com - February 16 at 2:29 PM
nasdaq.com logoWhy Earnings Season Could Be Great for Deere & Co. (DE) - Nasdaq (NYSE:DE)
www.nasdaq.com - February 16 at 2:29 PM
fool.com logoWhy Chasing Deere & Company's Stock in 2017 Could Be Risky - Motley Fool (NYSE:DE)
www.fool.com - February 16 at 2:29 PM
finance.yahoo.com logoDeere & Company is among World's Top 50 Most Admired Companies (NYSE:DE)
finance.yahoo.com - February 16 at 2:29 PM
moodys.com logoMoody's assigns provisional ratings to notes to be issued by John Deere Owner Trust 2017 (NYSE:DE)
www.moodys.com - February 16 at 2:29 PM
finance.yahoo.com logoEarnings: How Much Has The Farm Crisis Eaten Into DE Results? (NYSE:DE)
finance.yahoo.com - February 16 at 2:29 PM
capitalcube.com logoDeere & Co. : DE-US: Dividend Analysis : December 30th, 2016 (record date) : By the numbers : February 16, 2017 (NYSE:DE)
www.capitalcube.com - February 16 at 2:29 PM
wsj.com logo[$$] Deere Earnings: What to Watch (NYSE:DE)
www.wsj.com - February 16 at 2:29 PM
fool.com logoWhy Chasing Deere & Company's Stock in 2017 Could Be Risky (NYSE:DE)
www.fool.com - February 16 at 1:18 PM
News IconAnalysts Near-Term outlook: The Home Depot, Inc. (HD), Deere & Company (DE) - The USA Commerce (NYSE:DE)
theusacommerce.com - February 15 at 3:39 AM
prnewswire.com logoNORMA Group Plant Receives John Deere "Achieving Excellence" Award (NYSE:DE)
www.prnewswire.com - February 14 at 10:34 PM
News IconDeere faces familiar tractor competition in Europe (NYSE:DE)
www.qconline.com - February 14 at 10:34 PM
4-traders.com logoDeere mpany : John Deere Dealers Deals On Used 4wd Tractors (NYSE:DE)
www.4-traders.com - February 14 at 5:31 PM
marketrealist.com logoDeere’s Stock Performance since Its 4Q16 Earnings Results (NYSE:DE)
marketrealist.com - February 14 at 5:31 PM
marketrealist.com logoAnalysts Expect Deere to Post Lower Revenue in 1Q17 (NYSE:DE)
marketrealist.com - February 14 at 5:31 PM
marketrealist.com logoSeparation Cost to Impact Deere’s Earnings per Share in 1Q17 (NYSE:DE)
marketrealist.com - February 14 at 5:31 PM

Social

What is Deere & Company's stock symbol?

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

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

Deere & Company declared a quarterly dividend on Wednesday, December 7th. Stockholders of record on Friday, December 30th will be given a dividend of $0.60 per share on Wednesday, February 1st. This represents a $2.40 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend is Wednesday, December 28th.

Where is Deere & Company's stock going? Where will Deere & Company's stock price be in 2017?

26 brokers have issued 1 year target prices for Deere & Company's shares. Their predictions range from $50.50 to $132.00. On average, they anticipate Deere & Company's share price to reach $97.63 in the next year.

When will Deere & Company announce their earnings?

Deere & Company is scheduled to release their next quarterly earnings announcement on Friday, May, 19th 2017.

Who owns Deere & Company stock?

Deere & Company's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Cascade Investment, LLC (9.90%), State Street Corp (3.86%), Viking Global Investors LP (2.94%), Franklin Resources Inc. (2.50%), FMR LLC (1.96%) and Loomis Sayles & Co. L P (1.84%). Company insiders that own Deere & Company stock include James M Field, Jean H Gilles, John C May II, Mary KW Jones, Max A Guinn, Pentz Markwart Von and Rajesh Kalathur.

Who sold Deere & Company stock? Who is selling Deere & Company stock?

Deere & Company's stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Barrow Hanley Mewhinney & Strauss LLC, Edge Asset Management Inc., Van ECK Associates Corp, Quest Investment Management Inc. OR, Gabelli Funds LLC, Aberdeen Asset Management PLC UK and Scotia Capital Inc.. Company insiders that have sold Deere & Company stock in the last year include James M Field, John C May II and Max A Guinn.

Who bought Deere & Company stock? Who is buying Deere & Company stock?

Deere & Company's stock was acquired by a variety of institutional investors in the last quarter, including Viking Global Investors LP, FMR LLC, Loomis Sayles & Co. L P, Renaissance Technologies LLC, Asset Management One Co. Ltd., State Street Corp, Fore Research & Management LP and Empire Life Investments Inc..

How do I buy Deere & Company stock?

Shares of Deere & Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Deere & Company stock cost?

One share of Deere & Company stock can currently be purchased for approximately $109.61.

Deere & Company (NYSE:DE) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Deere & Company (NYSE:DE)

Earnings History Chart

Earnings by Quarter for Deere & Company (NYSE:DE)

Dividend History Chart

Dividend Payments by Quarter for Deere & Company (NYSE:DE)

Last Updated on 2/21/2017 by MarketBeat.com Staff