Deere & Co. Company Profile (NYSE:DE)

About Deere & Co.

Deere & Co. logoDeere & Company is engaged in equipment operations and financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The Company's agriculture and turf segment primarily manufactures and distributes a full line of agriculture and turf equipment and related service parts. The Company's construction and forestry segment primarily manufactures and distributes a range of machines and service parts used in construction, earthmoving, material handling and timber harvesting. The Company's financial services segment primarily provides credit services, which include finance sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment.

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: $88.09
  • 50 Day Moving Average: $80.30
  • 200 Day Moving Average: $81.17
  • Trailing P/E Ratio: 17.65
  • Foreward P/E Ratio: 23.24
  • P/E Growth: 8.59
  • Market Cap: $27.70B
  • Outstanding Shares: 314,399,000
  • Beta: 0.98
Additional Links:
Companies Related to Deere & Co.:

Analyst Ratings

Consensus Ratings for Deere & Co. (NYSE:DE) (?)
Ratings Breakdown: 7 Sell Ratings, 8 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.04)
Consensus Price Target: $80.24 (8.91% downside)

Analysts' Ratings History for Deere & Co. (NYSE:DE)
Show:
DateFirmActionRatingPrice TargetDetails
8/23/2016ArgusBoost Price TargetBuy$90.00 -> $98.00View Rating Details
8/22/2016RBC Capital MarketsReiterated RatingSector Perform$72.00 -> $80.00View Rating Details
8/22/2016Piper Jaffray Cos.Boost Price TargetUnderweight$67.00 -> $70.00View Rating Details
8/22/2016Citigroup Inc.Lower Price TargetBuy$100.00 -> $87.00View Rating Details
8/22/2016Royal Bank Of CanadaBoost Price TargetSector Perform$72.00 -> $80.00View Rating Details
8/22/2016Credit Suisse Group AGBoost Price TargetOutperform$87.00 -> $100.00View Rating Details
8/22/2016Barclays PLCReiterated RatingUnderweight$63.00View Rating Details
8/22/2016Morgan StanleyBoost Price TargetUnderweight$70.00 -> $76.00View Rating Details
8/19/2016Jefferies GroupReiterated RatingHold$70.00View Rating Details
8/18/2016BMO Capital MarketsReiterated RatingOutperform$96.00View Rating Details
6/2/2016Goldman Sachs Group Inc.UpgradeNeutral -> Buy$87.00 -> $105.00View Rating Details
5/25/2016MacquarieReiterated RatingUnderperform$82.25View Rating Details
5/24/2016Cowen and CompanyUpgradeMarket Perform -> Outperform$50.50View Rating Details
5/16/2016Robert W. BairdReiterated RatingHoldView Rating Details
4/15/2016Wells Fargo & Co.Reiterated RatingHoldView 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
12/17/2015Deutsche Bank AGReiterated RatingBuy$90.00View Rating Details
11/25/2015S&P Equity ResearchReiterated RatingSellView Rating Details
11/16/2015JPMorgan Chase & Co.DowngradeUnderweight$82.00 -> $64.00View Rating Details
10/15/2015Avondale PartnersInitiated CoverageOutperform$90.00View Rating Details
9/23/2015Bank of America Corp.Reiterated RatingHoldView Rating Details
7/18/2015Seaport Global SecuritiesBoost Price Target$88.00 -> $94.00View Rating Details
11/27/2014Morningstar Inc.Reiterated RatingExemplaryView Rating Details
11/21/2014Stifel NicolausInitiated CoverageHoldView Rating Details
10/31/2014Canaccord GenuityReiterated RatingBuy -> Hold$38.00 -> $28.00View Rating Details
(Data available from 8/23/2014 forward)

Earnings

Earnings History for Deere & Co. (NYSE:DE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/19/2016        
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 & Co. (NYSE:DE)
Current Year EPS Consensus Estimate: $3.99 EPS
Next Year EPS Consensus Estimate: $3.79 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$0.48$0.64$0.56
Q1 20171$0.54$0.54$0.54
Q2 20171$1.41$1.41$1.41
Q3 20171$1.19$1.19$1.19
Q4 20171$0.61$0.61$0.61
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Deere & Co. (NYSE:DE)
Annual Dividend:$2.40
Dividend Yield:2.72%
Payout Ratio:48.10% (Based on Trailing 12 Months of Earnings)
60.15% (Based on Current Year Consensus EPS Estimate)
63.32% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:10.30% (3 Year Average)

Dividend History for Deere & Co. (NYSE:DE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 & Co. (NYSE:DE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 & Co. (NYSE:DE)
DateHeadline
News IconDeere laying off 145 workers in Waterloo and Davenport (NYSE:DE)
kchanews.com - August 23 at 9:44 PM
bizjournals.com logoDeere & Co. exec joins Blank Rome's Pittsburgh office (NYSE:DE)
www.bizjournals.com - August 23 at 9:44 PM
seekingalpha.com logoDeere: Share Repurchases Or More Dividends? (NYSE:DE)
seekingalpha.com - August 23 at 9:44 PM
feeds.benzinga.com logoArgus Elevates Deere Price Target To $98, Expecting Margins To Rebound (NYSE:DE)
feeds.benzinga.com - August 23 at 4:46 PM
News IconUPDATE: Waterloo-Cedar Falls unemployment up (NYSE:DE)
wcfcourier.com - August 23 at 4:42 PM
News IconDeere and Company Announce Layoffs (NYSE:DE)
wnax.com - August 23 at 4:42 PM
finance.yahoo.com logoDeere (DE) Hits 52-Week High on Improved Q3 Earnings (NYSE:DE)
finance.yahoo.com - August 23 at 4:42 PM
News IconCharges dropped against John Deere Classic golfer-UPDATED (NYSE:DE)
kwqc.com - August 23 at 4:42 PM
News IconCan Deere and Company Build on the Great Quarter? (NYSE:DE)
www.investorguide.com - August 23 at 4:42 PM
capitalcube.com logoETF’s with exposure to Deere & Co. : August 23, 2016 (NYSE:DE)
www.capitalcube.com - August 23 at 4:42 PM
News IconDeere lays off 115 in Waterloo, 30 in Quad Cities (NYSE:DE)
www.kcrg.com - August 23 at 8:48 AM
News IconJohn Deere unveils 2 large-frame skid steers, 2 CTLs in G Series power boost (NYSE:DE)
www.equipmentworld.com - August 23 at 8:48 AM
News IconDeere lays off 145 in Waterloo, Quad Cities; Dubuque not affected (NYSE:DE)
www.thonline.com - August 23 at 8:48 AM
News IconJohn Deere Says It’s Laying Off 145 at Eastern Iowa Plants (NYSE:DE)
stlouis.cbslocal.com - August 23 at 8:48 AM
News IconDeere layoffs 145 workers in Waterloo, Davenport (NYSE:DE)
www.desmoinesregister.com - August 23 at 8:48 AM
finance.yahoo.com logoBetter-Than-Expected Results Vindicate BMO's Outlook On Deere (NYSE:DE)
finance.yahoo.com - August 23 at 8:48 AM
finance.yahoo.com logoDeere & Company Has Third-Best Day In 25 Years; Barclays Raises Target To $87 (NYSE:DE)
finance.yahoo.com - August 23 at 8:48 AM
News IconDeere lays off 145 in Waterloo, Quad Cities, but Dubuque not affected - Dubuque Telegraph Herald (NYSE:DE)
www.thonline.com - August 22 at 4:40 PM
rttnews.com logoDeere & Co. (DE) Leaped To A 2-Month High After Q3 Profit Beat Expectations - RTT News (NYSE:DE)
www.rttnews.com - August 22 at 4:40 PM
thestreet.com logoDeere's Earnings Rally Won't Last -- Use This Trading Strategy to Make Money (NYSE:DE)
www.thestreet.com - August 22 at 4:40 PM
blogs.barrons.com logoDeere: Nothing Worthwhile is Ever Easy (NYSE:DE)
blogs.barrons.com - August 22 at 4:40 PM
investopedia.com logoDeere Undermined By Commodity Cross-Currents (NYSE:DE)
www.investopedia.com - August 22 at 4:40 PM
News IconWhat Analysts Are Saying After Deere’s Earnings (NYSE:DE)
feedproxy.google.com - August 22 at 10:16 AM
News IconDeere raises full-year profit forecast (NYSE:DE)
farmfutures.com - August 22 at 9:17 AM
rttnews.com logoDeere & Co. (DE) Leaped To A 2-Month High After Q3 Profit Beat Expectations (NYSE:DE)
www.rttnews.com - August 22 at 9:17 AM
thecountrycaller.com logoDeere & Company (DE) Ready to Meet Its 52-Week High Exactly After One Year (NYSE:DE)
www.thecountrycaller.com - August 22 at 9:17 AM
News IconDeere & Company (DE) Beats Estimates; Fundamentals still Look Bearish (NYSE:DE)
www.economiccalendar.com - August 22 at 9:17 AM
finance.yahoo.com logo6:55 am Deere beats by $0.61, misses on revs; guides Q4 revs in-line; raises FY16 net income guidance (NYSE:DE)
finance.yahoo.com - August 22 at 9:17 AM
investopedia.com logoDeere Stock Runs 14% Higher on Q3 Beat (DE) (NYSE:DE)
www.investopedia.com - August 22 at 9:17 AM
capitalcube.com logoDeere & Co. breached its 50 day moving average in a Bullish Manner : DE-US : August 22, 2016 (NYSE:DE)
www.capitalcube.com - August 22 at 9:17 AM
finance.yahoo.com logoStrength Seen in Deere & Company (DE): Stock Soars 13.4% (NYSE:DE)
finance.yahoo.com - August 22 at 9:17 AM
News IconDeere & Co.: 'Structural cost reductions' possible ... - Telegraph Herald - Dubuque Telegraph Herald (NYSE:DE)
www.thonline.com - August 21 at 4:22 PM
News IconBill Gates, Warren Buffett dump John Deere shares (NYSE:DE)
johnib.wordpress.com - August 21 at 9:08 AM
wsj.com logoDeere Lifts Profit Outlook as Sales Fall Less Than Expected (NYSE:DE)
www.wsj.com - August 21 at 9:08 AM
News IconPeg Perego John Deere Ground Loader 12-Volt Battery-Powered Ride-On (NYSE:DE)
www.walmart.com - August 21 at 9:08 AM
News IconDeere’s profit tops analysts’ expectations (NYSE:DE)
www.cbsnews.com - August 21 at 9:08 AM
bloomberg.com logoDeere Surges as Cuts Lift Tractor Maker’s Profit Outlook (2) (NYSE:DE)
washpost.bloomberg.com - August 20 at 4:35 PM
finance.yahoo.com logoWhy is Deere & Co (DE) Stock Gaining 13% Today? (NYSE:DE)
finance.yahoo.com - August 20 at 4:35 PM
blogs.barrons.com logoDeere: Wow…Just…Wow (NYSE:DE)
blogs.barrons.com - August 20 at 4:35 PM
News IconDeere ups profit outlook for year in tough ag environment (NYSE:DE)
www.thehawkeye.com - August 20 at 4:35 PM
News IconDeere surges with cost cuts (NYSE:DE)
www.jsonline.com - August 20 at 4:35 PM
News IconDeere & Co.: 'Structural cost reductions' possible after downturn in sales (NYSE:DE)
www.thonline.com - August 20 at 4:35 PM
fortune.com logoDeere Shares Soar as It Redoubles Cost-Cutting Efforts (NYSE:DE)
fortune.com - August 20 at 4:35 PM
News IconDeere & Co.: 'Structural cost reductions' possible after downturn in sales - Dubuque Telegraph Herald (NYSE:DE)
www.thonline.com - August 20 at 5:13 AM
finance.yahoo.com logoEdited Transcript of DE earnings conference call or presentation 19-Aug-16 2:00pm GMT (NYSE:DE)
finance.yahoo.com - August 20 at 5:13 AM
investing.com logoDeere & Co fiscal Q3 EPS $1.55 vs. estimate $0.95 - Investing.com (NYSE:DE)
www.investing.com - August 19 at 8:41 PM
ft.com logoDeere & Co's cost-cutting fires up share price - Financial Times (NYSE:DE)
www.ft.com - August 19 at 8:41 PM
finance.yahoo.com logoWhy is Deere & Co (DE) Stock Gaining 13% Today? - Yahoo Finance (NYSE:DE)
finance.yahoo.com - August 19 at 8:41 PM
investors.com logoDeere Crushes Profit Views On 'Great Job Cutting Costs' (NYSE:DE)
www.investors.com - August 19 at 8:41 PM
feeds.benzinga.com logoFriday's Market Wrap: Stocks Close Week With Small Losses (NYSE:DE)
feeds.benzinga.com - August 19 at 5:12 PM

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Deere & Co. (NYSE:DE) Chart for Tuesday, August, 23, 2016


Last Updated on 8/23/2016 by MarketBeat.com Staff