QQQ   329.28 (+0.24%)
AAPL   174.15 (-0.23%)
MSFT   290.17 (-0.39%)
META   174.66 (-0.11%)
GOOGL   120.17 (+0.52%)
AMZN   142.30 (+0.14%)
TSLA   908.61 (-0.37%)
NVDA   187.73 (+2.39%)
NIO   19.91 (-0.85%)
BABA   90.74 (+1.08%)
AMD   100.44 (+2.21%)
T   18.43 (+0.05%)
MU   62.98 (+2.21%)
CGC   3.81 (-6.16%)
F   16.15 (+0.75%)
GE   79.21 (-0.89%)
DIS   122.67 (-0.11%)
AMC   19.29 (-9.69%)
PYPL   99.86 (+0.44%)
PFE   48.58 (-1.40%)
NFLX   245.17 (+1.67%)
QQQ   329.28 (+0.24%)
AAPL   174.15 (-0.23%)
MSFT   290.17 (-0.39%)
META   174.66 (-0.11%)
GOOGL   120.17 (+0.52%)
AMZN   142.30 (+0.14%)
TSLA   908.61 (-0.37%)
NVDA   187.73 (+2.39%)
NIO   19.91 (-0.85%)
BABA   90.74 (+1.08%)
AMD   100.44 (+2.21%)
T   18.43 (+0.05%)
MU   62.98 (+2.21%)
CGC   3.81 (-6.16%)
F   16.15 (+0.75%)
GE   79.21 (-0.89%)
DIS   122.67 (-0.11%)
AMC   19.29 (-9.69%)
PYPL   99.86 (+0.44%)
PFE   48.58 (-1.40%)
NFLX   245.17 (+1.67%)
QQQ   329.28 (+0.24%)
AAPL   174.15 (-0.23%)
MSFT   290.17 (-0.39%)
META   174.66 (-0.11%)
GOOGL   120.17 (+0.52%)
AMZN   142.30 (+0.14%)
TSLA   908.61 (-0.37%)
NVDA   187.73 (+2.39%)
NIO   19.91 (-0.85%)
BABA   90.74 (+1.08%)
AMD   100.44 (+2.21%)
T   18.43 (+0.05%)
MU   62.98 (+2.21%)
CGC   3.81 (-6.16%)
F   16.15 (+0.75%)
GE   79.21 (-0.89%)
DIS   122.67 (-0.11%)
AMC   19.29 (-9.69%)
PYPL   99.86 (+0.44%)
PFE   48.58 (-1.40%)
NFLX   245.17 (+1.67%)
QQQ   329.28 (+0.24%)
AAPL   174.15 (-0.23%)
MSFT   290.17 (-0.39%)
META   174.66 (-0.11%)
GOOGL   120.17 (+0.52%)
AMZN   142.30 (+0.14%)
TSLA   908.61 (-0.37%)
NVDA   187.73 (+2.39%)
NIO   19.91 (-0.85%)
BABA   90.74 (+1.08%)
AMD   100.44 (+2.21%)
T   18.43 (+0.05%)
MU   62.98 (+2.21%)
CGC   3.81 (-6.16%)
F   16.15 (+0.75%)
GE   79.21 (-0.89%)
DIS   122.67 (-0.11%)
AMC   19.29 (-9.69%)
PYPL   99.86 (+0.44%)
PFE   48.58 (-1.40%)
NFLX   245.17 (+1.67%)

Deere & Company - DE Stock Forecast, Price & News

+3.30 (+0.90%)
(As of 08/18/2022 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
1.96 million shs
Average Volume
1.91 million shs
Market Capitalization
$112.47 billion
P/E Ratio
Dividend Yield
Price Target

Deere & Company MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
8.2% Upside
$398.00 Price Target
Short Interest
1.05% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.10mentions of Deere & Company in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$74.08 M Sold Last Quarter
Proj. Earnings Growth
From $23.26 to $26.39 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Industrial Products Sector

83rd out of 186 stocks

Farm Machinery & Equipment Industry

3rd out of 5 stocks

DE stock logo

About Deere & Company (NYSE:DE) Stock

Deere & Company manufactures and distributes various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters, harvesting front-end equipment, sugarcane loaders, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers. The Small Agriculture and Turf segment offers utility tractors, and related loaders and attachments; turf and utility equipment, including riding lawn equipment, commercial mowing equipment, golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications; other outdoor power products; and hay and forage equipment. This segment also resells products from other manufacturers. It serves dairy and livestock producers, crop producers, and turf and utility customers. The Construction and Forestry segment provides a range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, asphalt plants, log skidders, log feller bunchers, log loaders and forwarders, log harvesters, and attachments; and roadbuilding equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Cowen cut their target price on Deere & Company from $396.00 to $342.00 in a research note on Thursday, July 7th. Wells Fargo & Company reduced their target price on shares of Deere & Company from $455.00 to $410.00 and set an "overweight" rating on the stock in a research note on Monday, May 23rd. Robert W. Baird decreased their target price on shares of Deere & Company from $487.00 to $442.00 and set an "outperform" rating on the stock in a report on Sunday, May 22nd. Citigroup upgraded shares of Deere & Company from a "neutral" rating to a "buy" rating and cut their price target for the stock from $435.00 to $340.00 in a report on Thursday, July 7th. Finally, BMO Capital Markets reaffirmed a "hold" rating and set a $425.00 price target on shares of Deere & Company in a research report on Friday, May 20th. Seven analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $398.00.

Deere & Company Stock Down 1.4 %

Shares of NYSE:DE opened at $364.69 on Thursday. Deere & Company has a 12-month low of $283.81 and a 12-month high of $446.76. The stock has a market cap of $111.46 billion, a P/E ratio of 19.02, a PEG ratio of 1.25 and a beta of 1.10. The company has a current ratio of 2.07, a quick ratio of 1.76 and a debt-to-equity ratio of 1.72. The business's fifty day simple moving average is $322.86 and its 200-day simple moving average is $364.12.

Deere & Company (NYSE:DE - Get Rating) last announced its quarterly earnings data on Friday, May 20th. The industrial products company reported $6.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.65 by $0.16. Deere & Company had a return on equity of 33.58% and a net margin of 12.99%. The business had revenue of $12.03 billion during the quarter, compared to analysts' expectations of $13.16 billion. During the same quarter last year, the business posted $5.68 EPS. The business's quarterly revenue was up 9.4% compared to the same quarter last year. As a group, equities analysts predict that Deere & Company will post 23.26 EPS for the current fiscal year.

Deere & Company Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 8th. Stockholders of record on Thursday, June 30th were given a dividend of $1.13 per share. This is a boost from Deere & Company's previous quarterly dividend of $1.05. This represents a $4.52 annualized dividend and a dividend yield of 1.24%. The ex-dividend date was Wednesday, June 29th. Deere & Company's payout ratio is 23.58%.

Insider Buying and Selling

In other Deere & Company news, insider John H. Stone sold 17,145 shares of Deere & Company stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $4,321.07, for a total transaction of $74,084,745.15. Following the completion of the sale, the insider now directly owns 21,087 shares of the company's stock, valued at approximately $91,118,403.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.24% of the company's stock.

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.

DE Stock News Headlines

UAW rescinds strike pay increase at annual convention
Members of the United Auto Workers union have rescinded an increase in strike pay that had been approved earlier in their annual convention
UAW boosts strike pay for workers amid spate of walkouts
The United Auto Workers union is increasing the strike pay it offers workers who walk off the job for the second time this year following a spate of strikes amid the ongoing worker shortages nationwide
Is Deere & Company a Sure Bet for Dividend Investors?
We've Got Our Eyes on These Earnings Tonight, Tomorrow
Deere's sales expected to rise on increased demand
Here's what Wall Street expects from Deere's earnings
Oh Deere, More Talk of CORN Stocks (and ETFs)
Deere & Company (DE) Set to Announce Earnings on Friday
17 Analysts Have This to Say About Deere
Deere to Announce Third Quarter 2022 Financial Results
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.

DE Company Calendar

Last Earnings
Ex-Dividend for 8/8 Dividend
Dividend Payable
Next Earnings (Confirmed)
Fiscal Year End

Industry, Sector and Symbol

Farm machinery & equipment
Construction & Farm Machinery & Heavy Trucks
Year Founded

Price Target and Rating

Average Stock Price Forecast
High Stock Price Forecast
Low Stock Price Forecast
Forecasted Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
18 Analysts


Net Income
$5.96 billion
Pretax Margin


Sales & Book Value

Annual Sales
$44.02 billion
Cash Flow
$25.70 per share
Book Value
$59.45 per share


Free Float
Market Cap
$112.47 billion

Social Links

Key Executives

  • Mr. John C. May IIMr. John C. May II (Age 53)
    Chairman & CEO
    Comp: $9.88M
  • Mr. Rajesh KalathurMr. Rajesh Kalathur (Age 54)
    Chief Financial Officer
    Comp: $4.12M
  • Mr. Marc Allen Howze (Age 59)
    CEO & MD of Lifecycle Solutions
    Comp: $4.07M
  • Mr. Ryan D. CampbellMr. Ryan D. Campbell (Age 47)
    Pres of Worldwide Construction, Forestry & Power Systems
    Comp: $4.16M
  • Mr. Cory J. ReedMr. Cory J. Reed (Age 51)
    Pres of Worldwide Ag & Turf Division, Production & Precision Ag for Americas and Australia
    Comp: $4.08M
  • Mr. Jeffrey A. Trahan
    VP of Pension Fund & Investments
  • Mr. Jahmy J. Hindman
    Chief Technology Officer
  • Mr. Ganesh Jayaram
    Chief Information Officer
  • Brent Norwood
    Director of Investor Relations
  • Ms. Mary K. W. JonesMs. Mary K. W. Jones (Age 54)
    Sr. VP of International Public Affairs & Legal Advisor

DE Stock - Frequently Asked Questions

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

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last year. There are currently 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DE shares.
View DE analyst ratings
or view top-rated stocks.

What is Deere & Company's stock price forecast for 2022?

18 analysts have issued 1-year target prices for Deere & Company's stock. Their DE share price forecasts range from $325.00 to $450.00. On average, they predict the company's stock price to reach $398.00 in the next year. This suggests a possible upside of 8.2% 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 2022?

Deere & Company's stock was trading at $342.89 on January 1st, 2022. Since then, DE stock has increased by 7.3% and is now trading at $367.99.
View the best growth stocks for 2022 here

Are investors shorting Deere & Company?

Deere & Company saw a increase in short interest in July. As of July 31st, there was short interest totaling 2,970,000 shares, an increase of 6.1% from the July 15th total of 2,800,000 shares. Based on an average daily volume of 1,720,000 shares, the short-interest ratio is presently 1.7 days. Currently, 1.1% 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, August 19th 2022.
View our DE earnings forecast

How can I listen to Deere & Company's earnings call?

Deere & Company will be holding an earnings conference call on Friday, August 19th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Deere & Company's earnings last quarter?

Deere & Company (NYSE:DE) posted its earnings results on Friday, May, 20th. The industrial products company reported $6.81 EPS for the quarter, topping analysts' consensus estimates of $6.65 by $0.16. The industrial products company had revenue of $12.03 billion for the quarter, compared to the consensus estimate of $13.16 billion. Deere & Company had a trailing twelve-month return on equity of 33.58% and a net margin of 12.99%. The business's quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the previous year, the business posted $5.68 EPS.
Read the conference call transcript

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

Deere & Company announced a quarterly dividend on Thursday, May 26th. Investors of record on Thursday, June 30th will be paid a dividend of $1.13 per share on Monday, August 8th. This represents a $4.52 annualized dividend and a yield of 1.23%. The ex-dividend date is Wednesday, June 29th. This is a positive change from the stock's previous quarterly dividend of $1.05.
Read our dividend analysis for DE

Is Deere & Company a good dividend stock?

Deere & Company (NYSE:DE) pays an annual dividend of $4.52 per share and currently has a dividend yield of 1.24%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DE will have a dividend payout ratio of 17.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DE.

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).

What is Deere & Company's stock symbol?

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

Who are Deere & Company's major shareholders?

Deere & Company's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (3.57%), FMR LLC (1.67%), Parnassus Investments LLC (1.21%), Northern Trust Corp (1.08%), DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main (0.73%) and Loomis Sayles & Co. L P (0.70%). Insiders that own company stock include Cory J Reed, James M Field, John C May II, John H Stone, Marc A Howze, Mary KW Jones, Pentz Markwart Von, Rajesh Kalathur, Ryan D Campbell, Samuel R Allen 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Deere & Company's stock price today?

One share of DE stock can currently be purchased for approximately $367.99.

How much money does Deere & Company make?

Deere & Company (NYSE:DE) has a market capitalization of $112.47 billion and generates $44.02 billion in revenue each year. The industrial products company earns $5.96 billion in net income (profit) each year or $19.17 on an earnings per share basis.

How many employees does Deere & Company have?

The company employs 75,600 workers across the globe.

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
When was Deere & Company founded?

Deere & Company was founded in 1837.

How can I contact Deere & Company?

Deere & Company's mailing address is ONE JOHN DEERE PLACE, MOLINE IL, 61265. The official website for the company is www.deere.com. The industrial products company can be reached via phone at (309) 765-8000 or via fax at 309-765-5671.

This page (NYSE:DE) was last updated on 8/18/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.