Should I buy or sell Deere & Company stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last twelve months. There are currently 9 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DE shares. View DE analyst ratings or view top-rated stocks .

What is Deere & Company's stock price target for 2024?

18 brokers have issued 1 year price objectives for Deere & Company's shares. Their DE share price targets range from $367.00 to $551.00. On average, they predict the company's stock price to reach $433.28 in the next year. This suggests a possible upside of 10.0% from the stock's current price. View analysts price targets for DE or view top-rated stocks among Wall Street analysts .

How have DE shares performed in 2024?

Deere & Company's stock was trading at $399.87 at the beginning of 2024. Since then, DE shares have decreased by 1.5% and is now trading at $393.80. View the best growth stocks for 2024 here .

Are investors shorting Deere & Company?

Deere & Company saw a increase in short interest in March. As of March 31st, there was short interest totaling 3,000,000 shares, an increase of 10.7% from the March 15th total of 2,710,000 shares. Based on an average trading volume of 1,500,000 shares, the short-interest ratio is currently 2.0 days. Currently, 1.2% of the shares of the company are short sold. View Deere & Company's Short Interest .

When is Deere & Company's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 17th 2024. View our DE earnings forecast .

How were Deere & Company's earnings last quarter?

Deere & Company (NYSE:DE) announced its quarterly earnings results on Thursday, February, 15th. The industrial products company reported $6.23 EPS for the quarter, topping the consensus estimate of $5.19 by $1.04. The industrial products company had revenue of $10.49 billion for the quarter, compared to analyst estimates of $10.30 billion. Deere & Company had a net margin of 16.38% and a trailing twelve-month return on equity of 44.60%. The firm's revenue was down 8.0% compared to the same quarter last year. During the same period last year, the business posted $6.55 earnings per share. Read the conference call transcript .

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

Deere & Company declared a quarterly dividend on Wednesday, February 28th. Stockholders of record on Friday, March 29th will be given a dividend of $1.47 per share on Wednesday, May 8th. This represents a $5.88 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Wednesday, March 27th. Read our dividend analysis for DE .

Is Deere & Company a good dividend stock?

Deere & Company (NYSE:DE) pays an annual dividend of $5.88 per share and currently has a dividend yield of 1.48%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DE will have a dividend payout ratio of 21.75% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DE .

What ETFs hold Deere & Company's stock?

ETFs with the largest weight of Deere & Company (NYSE:DE) stock in their portfolio include iShares MSCI Agriculture Producers ETF (VEGI) , Global X AgTech & Food Innovation ETF (KROP) , First Trust Indxx Global Agriculture ETF (FTAG) , VanEck Agribusiness ETF (MOO) , VanEck Natural Resources ETF (HAP) , iShares Emergent Food and AgTech Multisector ETF (IVEG) , AdvisorShares Gerber Kawasaki ETF (GK) and Clearbridge Focus Value ESG ETF (CFCV) .

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

213 employees have rated Deere & Company Chief Executive Officer John May on Glassdoor.com . John May has an approval rating of 78% among the company's employees.

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) , Boeing (BA) , Johnson & Johnson (JNJ) , Walt Disney (DIS) , JPMorgan Chase & Co. (JPM) , AT&T (T) , Micron Technology (MU) and Cisco Systems (CSCO) .

Who are Deere & Company's major shareholders?

Deere & Company's stock is owned by many different retail and institutional investors. Top institutional investors include Sarasin & Partners LLP (0.24%), Fort Pitt Capital Group LLC (0.06%), Park National Corp OH (0.03%), Gateway Investment Advisers LLC (0.03%), Factory Mutual Insurance Co. (0.02%) and Czech National Bank (0.02%). Insiders that own company stock include Cory J Reed , John C May II , John H Stone , Marc A Howze , Pentz Markwart Von , Rajesh Kalathur , Ryan D Campbell , Tami A Erwin and Tami A Erwin . View institutional ownership trends .

How do I buy shares of Deere & Company?

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

Does Deere & Company have any subsidiaries?

The following companies are subsidiares of Deere & Company: A&I Products, AgriSync, Banco John Deere S.A., Bauer Built Manufacturing, Bear Flag Robotics, Bear Flag Robotics Inc., Blue River Technology, Blue River Technology Inc., Chamberlain Holdings Limited, Deere Capital Inc., Deere Credit Inc., Deere Credit Services Inc., Deere Funding Canada Corporation, Deere Receivables LLC, FPC Receivables Inc., Farm Plan Corporation, Hagie Manufacturing Co., Hamm AG, Harvest Profit, Harvest Profit LLC, Industrias John Deere Argentina S.A., John Deere (China) Investment Co. Ltd., John Deere (Jiamusi) 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 Global Investments LLC, 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, Kreisel Electric, LESCO, Mazzotti, Monosem, Motores John Deere S.A. de C.V., NavCom Technology, Ningbo Benye Tractor & Automobile Manufacture Co., Nortrax Inc., OnLink, PLA, 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, Wirtgen GmbH, and Wirtgen Road Technologies GmbH. Read More

NYSE:DE

Deere & Company (DE) Stock Price, News & Analysis

→ Bitcoin Rockets To Record High But Buy THIS Instead (From Paradigm Press) (Ad)

Free DE Stock Alerts

$393.80

-3.47 (-0.87%)

(As of 04/15/2024 ET)

Compare

Today's Range: $392.57
▼
$404.22
50-Day Range: $356.78
▼
$412.84
52-Week Range: $345.55
▼
$450.00

Volume: 1.31 million shs
Average Volume: 1.50 million shs
Market Capitalization: $109.62 billion

P/E Ratio: 11.47
Dividend Yield: 1.49%
Price Target: $433.28

Get Deere & Company alerts:

Deere & Company MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 10.0% Upside
$433.28 Price Target
Short Interest: Healthy
1.16% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -4.75
Upright™ Environmental Score
News Sentiment: 0.65
Based on 24 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -1.39%
From $27.41 to $27.03 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.10 out of 5 stars

Industrial Products Sector

72nd out of 171 stocks

Farm Machinery & Equipment Industry

3rd out of 5 stocks

3.3

Analyst's Opinion

Consensus Rating
Deere & Company has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 9 buy ratings, 9 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Deere & Company has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.16% of the float of Deere & Company has been sold short.
Short Interest Ratio / Days to Cover
Deere & Company has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Deere & Company has recently increased by 10.70%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Deere & Company pays a meaningful dividend of 1.48%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Deere & Company has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Deere & Company is 17.12%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Deere & Company will have a dividend payout ratio of 21.75% next year. This indicates that Deere & Company will be able to sustain or increase its dividend.

1.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Deere & Company has received a -27.44% net impact score from Upright. The largest negative impact of John Deere in category "GHG emissions" seems to be driven mostly by its "Backhoe loaders", "Loader tractors", "Snow blowers", "Motor graders", "Crawler loaders", and "Skid-steer loaders" products. See details.
Environmental Sustainability
The Environmental Impact score for Deere & Company is -4.75.

2.6

News and Social Media Coverage

News Sentiment
Deere & Company has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 24 news articles for Deere & Company this week, compared to 15 articles on an average week.
Search Interest
Only 64 people have searched for DE on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.
MarketBeat Follows
91 people have added Deere & Company to their MarketBeat watchlist in the last 30 days. This is an increase of 139% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Deere & Company insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.26% of the stock of Deere & Company is held by insiders.
Percentage Held by Institutions
68.58% of the stock of Deere & Company is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Deere & Company are expected to decrease by -1.39% in the coming year, from $27.41 to $27.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Deere & Company is 11.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Deere & Company is 11.47, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.97.
Price to Earnings Growth Ratio
Deere & Company has a PEG Ratio of 1.49. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Deere & Company has a P/B Ratio of 5.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Porter & Company

The #1 Investment of the Decade…

Sam Altman, the CEO of OpenAI, has invested $375 million into a breakthrough technology, that legendary financial analyst Porter Stansberry believes… …could be the number-one investment of the decade.

To get all the details of this controversial tech – click here now.

About Deere & Company Stock (NYSE:DE)

Deere & Company, a global leader in manufacturing and distributing agricultural, construction, forestry and turf care equipment, is headquartered in Moline, Illinois. With over 185 years of experience, the company has established a strong reputation for quality and innovation.

Deere & Company operates through four segments: small agriculture and turf, production and precision agriculture, construction and forestry and financial services.

The small agriculture and turf segment offers a variety of equipment, including utility tractors, riding lawn equipment, commercial mowing equipment and implements for various outdoor power applications. This segment also resells products from other manufacturers.

The production and precision agriculture segment provides equipment for grain growers, including mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters and harvesting front-end equipment. It also offers application equipment, such as sprayers, nutrient management systems and soil preparation machinery.

The construction and forestry segment provides various machines and service parts used in earth moving, construction, material handling, road building and timber harvesting. Its products include crawler dozers, backhoe loaders, motor graders, four-wheel-drive loaders, excavators, articulated dump trucks and milling machines, to name a few.

The financial services segment finances sales and leases of agriculture and turf, construction and forestry equipment. It also offers wholesale financing to dealers, extended equipment warranties and retail revolving charge accounts.

Deere & Company is known for its innovative products, including the John Deere Autonomous 8R Tractor, See & Spray and E-Power Backhoe. These technology-enabled products help farmers, construction workers and forestry professionals operate more efficiently and sustainably.

Its logo and slogan reflect the company's commitment to innovation and sustainability. The leaping deer logo has been used for over 155 years and has become synonymous with the company's commitment to quality and reliability. The slogan "Nothing Runs Like a Deere" reflects the company's commitment to building long-lasting and reliable equipment that helps its customers achieve their goals.

Deere & Company has a solid financial position with a global presence. Deere & Company has a vast distribution network and operates in over 160 countries. Its commitment to quality and innovation has earned it a loyal customer base, and it continues to be a leader in the industry.

Deere & Company is a global leader in the manufacturing and distributing of agricultural, construction, forestry and turf care equipment. With a commitment to innovation and sustainability, the company offers customers a wide range of products and services worldwide.

DE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DE Stock News Headlines

April 16, 2024 | americanbankingnews.com

Deere & Company (NYSE:DE) Trading Up 0.2% Following Analyst Upgrade

April 14, 2024 | americanbankingnews.com

Deere & Company (NYSE:DE) Stock Price Down 1.4%

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

April 14, 2024 | americanbankingnews.com

JPMorgan Chase & Co. Increases Deere & Company (NYSE:DE) Price Target to $425.00

April 14, 2024 | americanbankingnews.com

Deere & Company (NYSE:DE) Receives Average Rating of "Moderate Buy" from Analysts

April 12, 2024 | msn.com

Moline: Fewer crashes after right-turn lane change at 41st St., John Deere Road

April 12, 2024 | markets.businessinsider.com

Demystifying Deere: Insights From 7 Analyst Reviews

April 11, 2024 | investorplace.com

3 Promising Long-Term Stocks Set to Make Early Investors Rich

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

April 8, 2024 | benzinga.com

Check Out What Whales Are Doing With Deere

April 8, 2024 | fool.com

Why Did Deere Stock Rise 13% Last Month?

April 8, 2024 | finance.yahoo.com

Is Deere & Company (DE) Well-Positioned for Growth?

April 8, 2024 | uk.finance.yahoo.com

Investing in Deere (NYSE:DE) five years ago would have delivered you a 174% gain

April 7, 2024 | americanbankingnews.com

Deere & Company (NYSE:DE) Shares Up 0.6%

April 1, 2024 | investorplace.com

3 Dividend Stocks Targeting 50% Upside by 2028

April 1, 2024 | msn.com

Can a New York City tech maven make a profit farming near Bondurant? Deere aims to find out

March 31, 2024 | msn.com

Pennsylvania 19-year-old facing charges for driving John Deere Gator while impaired, police say

March 27, 2024 | msn.com

TN company ordered to pay nearly $300K after allegedly employing children in ‘hazardous’ jobs

March 27, 2024 | investorplace.com

Invest Like Bill Gates With These 3 AI Stocks to Buy

March 27, 2024 | msn.com

300+ to be laid off at John Deere in Waterloo

March 27, 2024 | msn.com

Kids as young as 14 were found working at a Tennessee factory that makes lawn mower parts for John Deere and others

March 27, 2024 | msn.com

300+ to be laid off at Johne Deere in Waterloo

March 27, 2024 | msn.com

Earnings forecast down, Deere announces layoffs in Waterloo. How many will lose jobs?

March 25, 2024 | msn.com

Manufacturing company ordered to turn over $1.5M in profits for child labor violations

March 25, 2024 | finance.yahoo.com

Deere (DE) Stock Moves -0.21%: What You Should Know

March 25, 2024 | nytimes.com

Tennessee Company Hired Children to Operate ‘Dangerous’ Machinery, Officials Say

March 25, 2024 | seekingalpha.com

Deere: Looking Cheap Using ROCGA DCF Valuation

See More Headlines

Receive DE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Deere & Company and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 2/8 Dividend: 12/28/2023
Dividend Payable: 2/08/2024
Last Earnings: 2/15/2024
Ex-Dividend for 5/8 Dividend: 3/27/2024
Today: 4/15/2024
Dividend Payable: 5/08/2024
Next Earnings (Estimated): 5/17/2024
Fiscal Year End: 10/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Industrial Products
Industry: Farm machinery & equipment
Sub-Industry: Construction & Farm Machinery & Heavy Trucks
Current Symbol: NYSE:DE
CUSIP: 24419910
CIK: 315189
Web: www.deere.com
Phone: (309) 765-8000
Fax: 309-765-5671
Employees: 83,000
Year Founded: 1837

Price Target and Rating

Average Stock Price Target: $433.28
High Stock Price Target: $551.00
Low Stock Price Target: $367.00
Potential Upside/Downside: +10.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 18 Analysts

Profitability

EPS (Most Recent Fiscal Year): $34.34
Trailing P/E Ratio: 11.47
Forward P/E Ratio: 14.37
P/E Growth: 1.49
Net Income: $10.17 billion
Net Margins: 16.38%
Pretax Margin: 20.96%
Return on Equity: 44.60%
Return on Assets: 9.78%

Debt

Debt-to-Equity Ratio: 1.81
Current Ratio: 2.05
Quick Ratio: 1.81

Sales & Book Value

Annual Sales: $61.25 billion
Price / Sales: 1.79
Cash Flow: $41.89 per share
Price / Cash Flow: 9.40
Book Value: $75.66 per share
Price / Book: 5.20

Miscellaneous

Outstanding Shares: 278,360,000
Free Float: 277,634,000
Market Cap: $109.62 billion
Optionable: Optionable
Beta: 1.04

Social Links

10 Best Cheap Stocks to Buy Now

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Mr. John C. May II (Age 55)
Chairman, President & CEO
Comp: $8.11M
Mr. Joshua A. Jepsen (Age 45)
Senior VP & CFO
Comp: $2.64M
Mr. Ryan D. Campbell (Age 49)
President of Worldwide Construction, Forestry & Power Systems
Comp: $2.85M
Mr. Cory J. Reed (Age 53)
President Precision Ag for Americas & Aus and International President Sml Agri & Grn Space Equip
Comp: $2.78M
Mr. Justin R. Rose (Age 44)
President of Lifecycle Solutions, Customer Support & Supply Management
Comp: $3.28M
Mr. Jeffrey A. Trahan
Vice President of Pension Fund & Investments
Mr. Jahmy J. Hindman (Age 48)
Senior VP & CTO
Josh Beal
Director of Investor Relations
Ms. Mary K. W. Jones (Age 56)
Senior VP, General Counsel & Worldwide Public Affairs
Comp: $3.69M
Ms. Renee A. Mailhot
VP & Chief Compliance Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Deere & Company Stock? DE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Deere & Company:

Deere & Company reported strong quarterly earnings, beating consensus estimates by a significant margin, indicating a healthy financial performance.
The company has a diverse product portfolio across various segments, including agriculture, construction, and forestry, providing stability and potential for growth.
Deere & Company has a solid market capitalization of $114.33 billion, reflecting its strong position in the industry.
The stock price of Deere & Company has shown resilience, with a 52-week high of $450.00, suggesting investor confidence in the company's future prospects.
With a return on equity of 44.60%, Deere & Company demonstrates efficient utilization of shareholder equity to generate profits.

Cons

Investors should be bearish about investing in Deere & Company for these reasons:

Deere & Company's revenue was down 8.0% on a year-over-year basis, indicating a decline in sales performance that may raise concerns about future growth.
The company operates in industries susceptible to economic fluctuations, such as agriculture and construction, which could impact its financial stability during challenging economic conditions.
Deere & Company's debt-to-equity ratio of 1.81 may pose risks in case of economic downturns or rising interest rates, affecting the company's financial health.
The company's P/E ratio of 11.96 and price-to-earnings-growth ratio of 1.54 should be considered by investors, as they indicate the stock's valuation and growth expectations.
While Deere & Company has a strong presence in the market, competition from other heavy equipment manufacturers could potentially impact its market share and profitability.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Deere & Company pros and cons to contact@marketbeat.com.

DE Stock Analysis - Frequently Asked Questions

Should I buy or sell Deere & Company stock right now?: 18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last twelve months. There are currently 9 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DE shares.
View DE analyst ratings or view top-rated stocks.
What is Deere & Company's stock price target for 2024?: 18 brokers have issued 1 year price objectives for Deere & Company's shares. Their DE share price targets range from $367.00 to $551.00. On average, they predict the company's stock price to reach $433.28 in the next year. This suggests a possible upside of 10.0% from the stock's current price.
View analysts price targets for DE or view top-rated stocks among Wall Street analysts.
How have DE shares performed in 2024?: Deere & Company's stock was trading at $399.87 at the beginning of 2024. Since then, DE shares have decreased by 1.5% and is now trading at $393.80.
View the best growth stocks for 2024 here.
Are investors shorting Deere & Company?: Deere & Company saw a increase in short interest in March. As of March 31st, there was short interest totaling 3,000,000 shares, an increase of 10.7% from the March 15th total of 2,710,000 shares. Based on an average trading volume of 1,500,000 shares, the short-interest ratio is currently 2.0 days. Currently, 1.2% of the shares of the company are short sold.
View Deere & Company's Short Interest.
When is Deere & Company's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 17th 2024.
View our DE earnings forecast.
How were Deere & Company's earnings last quarter?: Deere & Company (NYSE:DE) announced its quarterly earnings results on Thursday, February, 15th. The industrial products company reported $6.23 EPS for the quarter, topping the consensus estimate of $5.19 by $1.04. The industrial products company had revenue of $10.49 billion for the quarter, compared to analyst estimates of $10.30 billion. Deere & Company had a net margin of 16.38% and a trailing twelve-month return on equity of 44.60%. The firm's revenue was down 8.0% compared to the same quarter last year. During the same period last year, the business posted $6.55 earnings per share.
Read the conference call transcript.
How often does Deere & Company pay dividends? What is the dividend yield for Deere & Company?: Deere & Company declared a quarterly dividend on Wednesday, February 28th. Stockholders of record on Friday, March 29th will be given a dividend of $1.47 per share on Wednesday, May 8th. This represents a $5.88 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for DE.
Is Deere & Company a good dividend stock?: Deere & Company (NYSE:DE) pays an annual dividend of $5.88 per share and currently has a dividend yield of 1.48%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DE will have a dividend payout ratio of 21.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DE.

What ETFs hold Deere & Company's stock?: ETFs with the largest weight of Deere & Company (NYSE:DE) stock in their portfolio include iShares MSCI Agriculture Producers ETF (VEGI), Global X AgTech & Food Innovation ETF (KROP), First Trust Indxx Global Agriculture ETF (FTAG), VanEck Agribusiness ETF (MOO), VanEck Natural Resources ETF (HAP), iShares Emergent Food and AgTech Multisector ETF (IVEG), AdvisorShares Gerber Kawasaki ETF (GK) and Clearbridge Focus Value ESG ETF (CFCV).
What is John May's approval rating as Deere & Company's CEO?: 213 employees have rated Deere & Company Chief Executive Officer John May on Glassdoor.com. John May has an approval rating of 78% among the company's employees.
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), Boeing (BA), Johnson & Johnson (JNJ), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), AT&T (T), Micron Technology (MU) and Cisco Systems (CSCO).
Who are Deere & Company's major shareholders?: Deere & Company's stock is owned by many different retail and institutional investors. Top institutional investors include Sarasin & Partners LLP (0.24%), Fort Pitt Capital Group LLC (0.06%), Park National Corp OH (0.03%), Gateway Investment Advisers LLC (0.03%), Factory Mutual Insurance Co. (0.02%) and Czech National Bank (0.02%). Insiders that own company stock include Cory J Reed, John C May II, John H Stone, Marc A Howze, Pentz Markwart Von, Rajesh Kalathur, Ryan D Campbell, Tami A Erwin and Tami A Erwin.
View institutional ownership trends.
How do I buy shares of Deere & Company?: Shares of DE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Deere & Company have any subsidiaries?: The following companies are subsidiares of Deere & Company: A&I Products, AgriSync, Banco John Deere S.A., Bauer Built Manufacturing, Bear Flag Robotics, Bear Flag Robotics Inc., Blue River Technology, Blue River Technology Inc., Chamberlain Holdings Limited, Deere Capital Inc., Deere Credit Inc., Deere Credit Services Inc., Deere Funding Canada Corporation, Deere Receivables LLC, FPC Receivables Inc., Farm Plan Corporation, Hagie Manufacturing Co., Hamm AG, Harvest Profit, Harvest Profit LLC, Industrias John Deere Argentina S.A., John Deere (China) Investment Co. Ltd., John Deere (Jiamusi) 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 Global Investments LLC, 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, Kreisel Electric, LESCO, Mazzotti, Monosem, Motores John Deere S.A. de C.V., NavCom Technology, Ningbo Benye Tractor & Automobile Manufacture Co., Nortrax Inc., OnLink, PLA, 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, Wirtgen GmbH, and Wirtgen Road Technologies GmbH.
Read More

This page (NYSE:DE) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Deere & Company (DE) Stock Price, News & Analysis

Deere & Company MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Deere & Company Stock (NYSE:DE)

DE Stock Price History

DE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

Should I Buy Deere & Company Stock? DE Pros and Cons Explained

Pros

Cons

DE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™