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: $108.62
  • 50 Day Moving Average: $107.63
  • 200 Day Moving Average: $94.55
  • 52-Week Range: $74.91 - $112.18
  • Trailing P/E Ratio: 23.53
  • Foreward P/E Ratio: 19.68
  • P/E Growth: 1.13
  • Market Cap: $34.40B
  • Outstanding Shares: 316,700,000
  • Beta: 0.73
  • Net Margins: 5.72%
  • Return on Equity: 21.97%
  • Return on Assets: 2.63%
  • 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, 11 Hold Ratings, 10 Buy Ratings
Consensus Rating:Hold (Score: 2.24)
Consensus Price Target: $99.03 (8.83% downside)

Analysts' Ratings History for Deere & Company (NYSE:DE)
DateFirmActionRatingPrice TargetDetails
2/23/2017Jefferies Group LLCBoost Price TargetHold$95.00 -> $105.00View Rating Details
2/21/2017Wells Fargo & CoReiterated 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
11/28/2016Piper 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 2/26/2015 forward)


Earnings History for Deere & Company (NYSE:DE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


Earnings Estimates for Deere & Company (NYSE:DE)
Current Year EPS Consensus Estimate: $4.76 EPS
Next Year EPS Consensus Estimate: $5.52 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$1.59$1.65$1.61
Q3 20173$1.30$1.66$1.49
Q4 20173$1.04$1.05$1.04
(Data provided by Zacks Investment Research)


Current Dividend Information for Deere & Company (NYSE:DE)
Annual Dividend:$2.40
Dividend Yield:2.21%
Dividend Growth:6.40% (3 Year Average)
Payout Ratio:49.90% (Based on Trailing 12 Months of Earnings)
50.42% (Based on Current Year Consensus EPS Estimate)
43.48% (Based on Next Year Consensus EPS Estimate)

Dividend History for Deere & Company (NYSE:DE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(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
2/22/2017Cory J ReedInsiderSell1,829$108.78$198,958.62View SEC Filing  
2/22/2017Samuel R AllenCEOSell28,808$109.40$3,151,595.20View SEC Filing  
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)


Latest Headlines for Deere & Company (NYSE:DE)
DateHeadline logoDeere mpany : One arrested in Bremer County burglaries (NYSE:DE) - February 25 at 4:25 PM
News IconBIZ BYTES: Former Deere leaders saluted (NYSE:DE) - February 25 at 4:25 PM
News IconEditorial: Thanks to Deere for continued commitment to Q-C (NYSE:DE) - February 24 at 5:13 PM
News IconJohn Deere, Liebherr partner to speed up the engine development process (NYSE:DE) - February 24 at 5:13 PM logoDeere mpany : & CO MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-Q) (NYSE:DE) - February 24 at 11:58 AM logoDEERE & CO Files SEC form 10-Q, Quarterly Report (NYSE:DE) - February 24 at 11:58 AM
News IconDeere & Company (DE) : How Do the Technicals Stack Up? - The USA Commerce (NYSE:DE) - February 23 at 9:41 PM
News IconForward Earnings Estimate of Deere & Company(DE) - Highland Mirror (NYSE:DE) - February 23 at 9:41 PM logoInsider Trading Activity Deere & Company (NYSE:DE) – CEO Sold 28808 shares of Stock - Market Exclusive (NYSE:DE) - February 23 at 9:41 PM
News IconGet More Done with One: John Deere 333G Compact Track Loader (NYSE:DE) - February 23 at 4:41 PM
News IconWilliam Blair Equities Analysts Raise Earnings Estimates for Deere & Company (DE) (NYSE:DE) - February 23 at 4:41 PM
News IconDeere & Company (DE) Position Decreased by Private Advisor Group LLC (NYSE:DE) - February 23 at 4:41 PM logoInsider Trading Activity Deere & Company (NYSE:DE) – CEO Sold 28,808 shares of Stock (NYSE:DE) - February 23 at 4:41 PM
News IconDeere CEO says company will keep headquarters in Quad Cities (NYSE:DE) - February 23 at 4:41 PM logoDeere (DE) Poised to Grow on Improving Brazilian Economy (NYSE:DE) - February 23 at 4:40 PM logoJohn Deere staying put in Moline 'as long as I'm around,' CEO says (NYSE:DE) - February 23 at 4:40 PM logo3 Stocks the Market Is Wrong About (NYSE:DE) - February 23 at 10:53 AM logoAnalyst Activity – RBC Capital Markets Reiterates Hold on Deere & Company (NYSE:DE) (NYSE:DE) - February 22 at 10:01 PM
News IconDeere & Co. optimistic about this year’s outlook (NYSE:DE) - February 22 at 10:01 PM logoJohn Deere to Open Strategic Technology Office at Iowa State University (NYSE:DE) - February 22 at 10:01 PM logoWhy Deere’s Q1 Revenues Beat Estimates despite Weaker Sales (NYSE:DE) - February 22 at 10:01 PM logoWhy Deere’s Construction and Forestry Segment Revenue Fell (NYSE:DE) - February 22 at 10:01 PM logoDeere: Wall Street Stock Recommendations after Q1 Earnings (NYSE:DE) - February 22 at 10:01 PM logoBRIEF-Deere & Co sets regular quarterly dividend of $0.60/shr - Reuters (NYSE:DE) - February 22 at 4:57 PM
News IconDeere CEO sees promising growth trends - Quad City Times (NYSE:DE) - February 22 at 4:57 PM
News IconAnalyst's Predictions on Kimberly-Clark Corp. (KMB), Deere & Co. (DE) - StockNewsJournal (NYSE:DE) - February 22 at 5:27 AM logoJohn Deere to Open Strategic Technology Office at Iowa State ... - PR Newswire (press release) (NYSE:DE) - February 22 at 5:27 AM
News IconShareholders Meet to Learn What's Next for Deere & Co. | Peoria ... - Peoria Public Radio (NYSE:DE) - February 22 at 5:27 AM logoWill Deere & Company Raise Its Dividend In 2017? - Seeking Alpha - Seeking Alpha (NYSE:DE) - February 22 at 5:27 AM logoDeere’s Agriculture and Turf Revenue: Flat despite Less Shipments (NYSE:DE) - February 22 at 5:27 AM logoDeere: Cautioning Investors - Seeking Alpha (NYSE:DE) - February 20 at 4:22 PM 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) - February 20 at 4:22 PM logoI Was Wrong About Deere & Co (NYSE:DE) - February 20 at 11:33 AM
News IconBIZ BYTES: Q-C companies among the Most Admired (NYSE:DE) - February 19 at 11:07 AM
News IconWill Deere & Company Raise Its Dividend in 2017? (NYSE:DE) - February 19 at 11:07 AM logoDeere beats profit views, gives upbeat outlook (NYSE:DE) - February 18 at 4:26 PM
News IconDeere & Company announces first quarter earnings (NYSE:DE) - February 18 at 8:36 AM logoDeere & Company: Sell Now As Headwinds Are Here To Stay (NYSE:DE) - February 18 at 8:36 AM
News IconDeere posts lower earns amid signs of market stabilization (NYSE:DE) - February 18 at 8:36 AM logoEdited Transcript of DE earnings conference call or presentation 17-Feb-17 3:00pm GMT (NYSE:DE) - February 18 at 8:36 AM logoDeere Announces First-Quarter Earnings of $194 Million (NYSE:DE) - February 17 at 7:38 PM
News IconDeere sees growth in sales, revenue (NYSE:DE) - February 17 at 7:38 PM
News IconDeere revenue rises 1.8 percent (NYSE:DE) - February 17 at 7:38 PM logoDeere Raises Profit Forecast as Construction Boosts Order Book (NYSE:DE) - February 17 at 7:38 PM
News IconDeere says the global farming recession may be coming to an end (NYSE:DE) - February 17 at 7:38 PM
News IconDeere & Company Lifts 2017 Revenue Outlook As Q1 Earnings Top Expectations (NYSE:DE) - February 17 at 7:38 PM logoDeere & Company 2017 Q1 - Results - Earnings Call Slides (NYSE:DE) - February 17 at 7:38 PM logoStocks Drift Lower in Quieter Trading After the Week's Record Run (NYSE:DE) - February 17 at 7:38 PM logoDeere's (DE) Q1 Earnings, Revenues Beat Estimates (NYSE:DE) - February 17 at 7:38 PM logoStocks Hold Mixed in Unsettled Session as Record Rally Ends (NYSE:DE) - February 17 at 7:38 PM


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 announced a quarterly dividend on Wednesday, February 22nd. Investors of record on Friday, March 31st will be paid a dividend of $0.60 per share on Monday, May 1st. This represents a $2.40 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date of this dividend is Wednesday, March 29th.

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

25 brokers have issued 12-month target prices for Deere & Company's shares. Their forecasts range from $50.50 to $132.00. On average, they anticipate Deere & Company's share price to reach $99.03 in the next twelve months.

When will Deere & Company announce their earnings?

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

What are analysts saying about Deere & Company stock?

Here are some recent quotes from research analysts about Deere & Company stock:

  • Jefferies Group LLC analysts commented, "DE reported F1Q17 EPS of $0.61, above our $0.55 estimate and Consensus of $0.56. Despite the company's optimistic tone regarding overall demand and middling declines in the retail environment compared to the past two fiscal years, we remain cautious on NA Ag as farmer fundamentals have yet to significantly improve. 2017 guidance was tweaked higher which now calls for up sales of 4% (prior: down ~1%) and $1.5bn (prior: $1.4bn) in income' Our $105 PT assumes 145% EV/Sales and 13.5x EV/EBITDA on FY2017E, above the midpoint of DE's historical averages, which clearly prices in some recovery, in our view. Risks are primarily sudden changes in crop prices, the ability to execute on cost plans and potential distress in the finance business." (2/23/2017)
  • According to Zacks Investment Research, "Deere’s both top-line and bottom-line registered year-over-year decline in first-quarter fiscal 2017, while surpassing the Zacks Consensus Estimate on both counts. Further, the company’s performance will be driven by ongoing success of developing a more durable business model and a wider range of revenue sources. Moreover, it will benefit from the execution of its operating plans and disciplined cost management as well as a broad product portfolio. In the long term, the company stands to gain from favorable trends, supported by increasing population and rising living standards. Further, focusing on investments in new products and geographies remain tailwinds. The company’s stock performed in line with the Zacks sub industry, in the past one year. However, low commodity prices and stagnant farm income will continue to dent Deere’s equipment sales in 2017." (2/22/2017)

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 Cory J Reed, James M Field, Jean H Gilles, John C May II, Mary KW Jones, Max A Guinn, Rajesh Kalathur and Samuel R Allen.

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 Willis Investment Counsel. Company insiders that have sold Deere & Company stock in the last year include Cory J Reed, James M Field, John C May II, Max A Guinn and Samuel R Allen.

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 $108.62.

Deere & Company (NYSE:DE) Chart for Sunday, February, 26, 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 2/26/2017 by Staff