Deere & Company Company Profile (NYSE:DE)

About Deere & Company (NYSE:DE)

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
  • Symbol: NYSE:DE
  • CUSIP: 24419910
  • Web:
  • Market Cap: $39.07 billion
  • Outstanding Shares: 319,200,000
Average Prices:
  • 50 Day Moving Avg: $111.67
  • 200 Day Moving Avg: $106.39
  • 52 Week Range: $76.73 - $122.65
  • Trailing P/E Ratio: 21.99
  • Foreward P/E Ratio: 21.69
  • P/E Growth: 1.13
Sales & Book Value:
  • Annual Revenue: $26.78 billion
  • Price / Sales: 1.46
  • Book Value: $24.02 per share
  • Price / Book: 5.08
  • Annual Dividend: $2.40
  • Dividend Yield: 2.0%
  • EBIDTA: $4.02 billion
  • 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%
  • Average Volume: 2.30 million shs.
  • Beta: 0.73
  • Short Ratio: 6.26

Frequently Asked Questions for Deere & Company (NYSE:DE)

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, February 22nd. Shareholders 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 annualized dividend and a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, March 29th. View Deere & Company's Dividend History.

How were Deere & Company's earnings last quarter?

Deere & Company (NYSE:DE) released its earnings results on Friday, May, 19th. The company reported $2.49 EPS for the quarter, beating analysts' consensus estimates of $1.70 by $0.79. The firm had revenue of $7.26 billion for the quarter, compared to analysts' expectations of $7.27 billion. Deere & Company had a return on equity of 21.97% and a net margin of 5.72%. Deere & Company's quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.56 EPS. View Deere & Company's Earnings History.

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

25 brokers have issued twelve-month price targets for Deere & Company's stock. Their predictions range from $50.50 to $145.00. On average, they anticipate Deere & Company's share price to reach $110.14 in the next twelve months. View Analyst Ratings for Deere & Company.

What are analysts saying about Deere & Company stock?

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

  • 1. Citigroup Inc analysts commented, "The overall mood from our time with the CEO and CFO of DE was a bit more positive than we expected and supportive of our view that positive estimate revisions can continue. Management noted increased optimism amongst its NA ag dealers, due in part to continued progress on reducing used HHP inventories. DE is producing to retail for large ag for the first time since early 2014. The CEO noted a positive mood among farmers and ag dealers during a recent visit to Brazil and Argentina. DE remains optimistic that its 5-year stretch of net share gains can continue. Commentary on Argentina was equally positive Optimism amongst its NA construction dealers and customers remains high, supported by a strong order rebound. Our sense is DE is taking a more measured approach to build rates We maintain our Buy rating with 3:1 upside trade-off." (3/28/2017)
  • 2. 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)
  • 3. 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 are some of Deere & Company's key competitors?

Who owns Deere & Company stock?

Deere & Company's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.42%), BlackRock Inc. (5.25%), State Street Corp (3.85%), First Eagle Investment Management LLC (2.09%), Loomis Sayles & Co. L P (1.84%) and Primecap Management Co. CA (1.73%). Company insiders that own Deere & Company stock include Cory J Reed, James M Field, Jean H Gilles, John C May II, Marc A Howze, Max A Guinn, Rajesh Kalathur and Samuel R Allen. View Institutional Ownership Trends for Deere & Company.

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 FMR LLC, Renaissance Technologies LLC, OppenheimerFunds Inc., Aristotle Capital Management LLC, Parnassus Investments CA, Barrow Hanley Mewhinney & Strauss LLC, Mackenzie Financial Corp and Neuberger Berman Group LLC. Company insiders that have sold Deere & Company stock in the last year include Cory J Reed, James M Field, John C May II, Marc A Howze, Max A Guinn and Samuel R Allen. View Insider Buying and Selling for Deere & Company.

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

Deere & Company's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., SG Americas Securities LLC, First Eagle Investment Management LLC, Geode Capital Management LLC, PGGM Investments, Prudential Financial Inc. and Swiss National Bank. View Insider Buying and Selling for Deere & Company.

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 $122.13.

Analyst Ratings

Consensus Ratings for Deere & Company (NYSE:DE) (?)
Ratings Breakdown: 4 Sell Ratings, 10 Hold Ratings, 11 Buy Ratings
Consensus Rating:Hold (Score: 2.28)
Consensus Price Target: $110.14 (9.82% downside)

Analysts' Ratings History for Deere & Company (NYSE:DE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/23/2017Citigroup IncReiterated RatingBuy$125.00 -> $145.00LowView Rating Details
5/23/2017Wells Fargo & CoReiterated RatingOutperform$125.00 -> $140.00LowView Rating Details
5/23/2017Royal Bank of CanadaReiterated RatingHold$133.00LowView Rating Details
5/22/2017Robert W. BairdBoost Price TargetOutperform$125.00 -> $130.00MediumView Rating Details
5/22/2017Deutsche Bank AGBoost Price TargetHold$122.00 -> $135.00MediumView Rating Details
5/22/2017Stifel NicolausBoost Price TargetBuy -> Buy$126.00 -> $135.00MediumView Rating Details
5/22/2017Barclays PLCBoost Price TargetSell$82.00 -> $90.00LowView Rating Details
5/20/2017Credit Suisse Group AGSet Price TargetBuy$132.00LowView Rating Details
5/1/2017JPMorgan Chase & Co.UpgradeUnderweight$90.00 -> $94.00LowView Rating Details
4/20/2017BMO Capital MarketsReiterated RatingBuy$128.00LowView Rating Details
2/23/2017Jefferies Group LLCBoost Price TargetHold$95.00 -> $105.00N/AView Rating Details
1/24/2017Berenberg BankInitiated CoverageSell$90.00N/AView Rating Details
1/19/2017AegisReiterated RatingHold$110.00N/AView Rating Details
1/6/2017Vertical ResearchUpgradeSell -> HoldN/AView Rating Details
12/1/2016Bank of America CorpUpgradeNeutral -> Buy$124.00N/AView Rating Details
11/28/2016Piper Jaffray CompaniesUpgradeUnderweight -> Neutral$70.00 -> $100.00N/AView Rating Details
11/25/2016MacquarieUpgradeUnderperform -> NeutralN/AView Rating Details
11/25/2016Longbow ResearchUpgradeUnderperform -> NeutralN/AView Rating Details
11/9/2016MizuhoDowngradeBuy -> NeutralN/AView Rating Details
10/27/2016Oppenheimer Holdings Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
10/18/2016Clarkson CapitalUpgradeNeutral -> BuyN/AView Rating Details
8/23/2016ArgusBoost Price TargetBuy$90.00 -> $98.00N/AView Rating Details
8/22/2016Morgan StanleyBoost Price TargetUnderweight$70.00 -> $76.00N/AView Rating Details
6/2/2016Goldman Sachs Group IncUpgradeNeutral -> Buy$87.00 -> $105.00N/AView Rating Details
5/24/2016Cowen and CompanyUpgradeMarket Perform -> Outperform$50.50N/AView Rating Details
2/22/2016Societe GeneraleLower Price TargetHold$82.00 -> $81.00N/AView Rating Details
2/20/2016William BlairReiterated RatingSell$75.00N/AView Rating Details
1/13/2016Sandler O'NeillDowngradeHoldN/AView Rating Details
11/25/2015S&P Equity ResearchReiterated RatingSellN/AView Rating Details
10/15/2015Avondale PartnersInitiated CoverageOutperform$90.00N/AView Rating Details
7/18/2015Seaport Global SecuritiesBoost Price Target$88.00 -> $94.00N/AView Rating Details
(Data available from 5/24/2015 forward)


Earnings History for Deere & Company (NYSE:DE)
Earnings by Quarter for Deere & Company (NYSE:DE)
Earnings History by Quarter for Deere & Company (NYSE:DE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/19/2017Q2 17$1.70$2.49$7.27 billion$7.26 billionViewN/AView Earnings Details
2/17/2017Q1 2017$0.50$0.61$4.59 billion$4.70 billionViewN/AView Earnings Details
11/23/2016Q416$0.40$0.90$5.35 billion$5.65 billionViewN/AView Earnings Details
8/19/2016Q316$0.94$1.55$6.00 billion$5.86 billionViewN/AView Earnings Details
5/20/2016Q216$1.48$1.56$6.70 billion$7.11 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$6.13 billion$5.93 billionViewN/AView Earnings Details
8/21/2015Q315$1.44$1.53$7.11 billion$6.84 billionViewN/AView Earnings Details
5/22/2015Q215$1.57$2.03$7.60 billion$7.40 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$7.80 billion$8.04 billionViewN/AView Earnings Details
8/13/2014Q3$2.19$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)
2017 EPS Consensus Estimate: $4.71
2018 EPS Consensus Estimate: $6.50
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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$1.24$1.11
Q1 20181$0.81$0.81$0.81
Q2 20181$2.26$2.26$2.26
Q3 20181$1.96$1.96$1.96
Q4 20181$1.47$1.47$1.47
(Data provided by Zacks Investment Research)


Current Dividend Information for Deere & Company (NYSE:DE)
Most Recent Dividend:5/1/2017
Annual Dividend:$2.40
Dividend Yield:1.97%
Dividend Growth:6.40% (3 Year Average)
Payout Ratio:49.90% (Trailing 12 Months of Earnings)
48.58% (Based on This Year's Estimates)
42.63% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Deere & Company (NYSE:DE)

Dividend History by Quarter for Deere & Company (NYSE:DE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Deere & Company (NYSE:DE)
Insider Ownership Percentage: 0.75%
Institutional Ownership Percentage: 71.09%
Insider Trades by Quarter for Deere & Company (NYSE:DE)
Institutional Ownership by Quarter for Deere & Company (NYSE:DE)
Insider Trades by Quarter for Deere & Company (NYSE:DE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/19/2017Cory J ReedInsiderSell5,840$119.59$698,405.60View SEC Filing  
5/19/2017Marc A HowzeVPSell6,624$119.59$792,164.16View SEC Filing  
2/28/2017Cory J ReedInsiderSell3,665$110.00$403,150.00View SEC Filing  
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)


Headline Trends for Deere & Company (NYSE:DE)
Latest Headlines for Deere & Company (NYSE:DE)
DateHeadline logoDeere & Company (DE) Upgraded to A- by TheStreet - May 23 at 6:58 PM logoWhen Will The Wolf Finally Come For Deere? - Seeking Alpha - May 23 at 4:28 PM logoDeere Stock Upgraded: What You Need to Know - May 23 at 1:49 PM logo[$$] Deere Set for More Beats and Raises - May 23 at 12:29 PM logoDeere (DE) Hits 52-Week High on Solid Q2 & Bright Prospects - May 23 at 12:29 PM logoDeere & Company's (DE) "Buy" Rating Reiterated at Citigroup Inc - May 23 at 10:02 AM logoBrokers Issue Forecasts for Deere & Company's Q1 2018 Earnings (DE) - May 23 at 8:58 AM logoQ4 2017 Earnings Forecast for Deere & Company (DE) Issued By William Blair - May 23 at 8:40 AM logoDeere & Company (DE) Stock Rating Reaffirmed by Robert W. Baird - May 22 at 2:00 PM logoInsider Selling: Deere & Company (DE) Insider Sells 5,840 Shares of Stock - May 22 at 1:28 PM logoDeere & Company (DE) VP Sells $792,164.16 in Stock - May 22 at 1:28 PM logoDeere & Company (DE) Receives Hold Rating from Deutsche Bank AG - May 22 at 12:44 PM logoFollow Buffett - Or Keep Deere? - May 22 at 12:08 PM logo[$$] Deere & Co: tractor trailer - May 22 at 12:08 PM logoDeere: Crushed It! - May 22 at 12:08 PM logoStock Market News for May 22, 2017 - May 22 at 12:08 PM logoStifel Nicolaus Boosts Deere & Company (DE) Price Target to $135.00 - May 22 at 9:38 AM logoDeere & Company (DE) Given "Sell" Rating at Barclays PLC - May 22 at 8:16 AM logoDeere & Company (DE) PT Set at $132.00 by Credit Suisse Group AG - May 21 at 9:56 PM logoUS STOCKS-Wall St. ends off session highs after fresh Russia probe reports - May 20 at 10:50 AM logoTHE DAY AHEAD-North America, May 22 - May 20 at 10:50 AM logoEdited Transcript of DE earnings conference call or presentation 19-May-17 2:00pm GMT - May 20 at 10:50 AM logoDeere & Company (DE) on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha - May 19 at 9:34 PM logo[$$] Deere Shares Jump as South American Equipment Demand Improves - May 19 at 9:34 PM logoDeere remains upbeat on South America ag market despite new Brazil crisis - May 19 at 9:02 PM logoDeere cautiously upbeat on South America ag market despite unfolding Brazil crisis - May 19 at 6:48 PM logoHow major US stock market indexes fared on Friday - May 19 at 5:18 PM logoDeere & Company (DE) Stock Pops on 62% Burst on the Bottom Line - May 19 at 4:32 PM logoDeere & Company 2017 Q2 - Results - Earnings Call Slides - May 19 at 4:32 PM logoHow Deere & Company (DE) Stock Stands Out in a Strong Industry - May 19 at 4:32 PM logoEarnings Results In Focus - May 19 at 4:32 PM logoDeere (DE) Beats on Q2 Earnings & Revenues, Raises FY17 View - May 19 at 4:32 PM logoDeere: Reality Check - Seeking Alpha - May 19 at 4:32 PM logoDeere & Company (DE) Q2 Earnings & Sales Beat Estimates - Yahoo Finance - May 19 at 4:32 PM
News IconDeere beats across the board and raises its profit forecast - Business Insider - May 19 at 4:32 PM logoMarkets Right Now: Industrials lead US stocks broadly higher - May 19 at 4:14 PM logoGreen Machine is back, Deere posts a big 1Q and ups outlook - May 19 at 3:04 PM logoMid-Morning Market Update: Markets Open Higher; Deere Earnings Beat Views - May 19 at 11:55 AM logoMarkets Right Now: US stocks edge higher in early trading - May 19 at 9:55 AM logoDeere & Company (DE) Releases Earnings Results, Beats Estimates By $0.81 EPS - May 19 at 9:00 AM logoDeere & Company (DE) Reports Q2 Beat With 62% Gain On Bottomline - May 19 at 8:35 AM logoEarnings Reaction History: Deere & Company, 40.0% Follow-Through Indicator, 5.0% Sensitive - Nasdaq - May 19 at 8:19 AM logoBuy Or Sell John Deere Stock Today? - Seeking Alpha - May 19 at 8:19 AM logoDeere And Co Announces 62% Increase In Q2 Bottom Line - Nasdaq - May 19 at 8:19 AM logoSell Signals Threaten Deere Before Earnings - Seeking Alpha - May 19 at 8:19 AM logoDeere & Co. (DE) Tops Q2 EPS by 81c, Sales Beat; Outlook Raised - - May 19 at 8:19 AM logoDeere & Company (DE) Q2 Earnings & Sales Beat Estimates - Nasdaq - May 19 at 8:19 AM logoDeere & Company Earnings Preview: The Iconic Tractor Manufacturer Reports Tomorrow - Forbes - May 19 at 8:19 AM logoDeere Announces Second-Quarter Earnings of $802 Million - May 19 at 8:19 AM logoDeere profit jumps 62 percent - May 19 at 8:19 AM



Deere & Company (DE) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by Staff