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S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Is Salesforce Stock a Bargain Down Here?
Tesla Shares Are Sliding, Here’s Why
China Threat Triggers Potential Mining Boom for Investors (Ad)
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
Lockheed teams with Israel's Rafael on laser defense
China Threat Triggers Potential Mining Boom for Investors (Ad)
Russian oil price cap, EU ban aim to limit Kremlin war chest
World Cup fans find booze at hotels, Qatar's 1 liquor store
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Is Salesforce Stock a Bargain Down Here?
Tesla Shares Are Sliding, Here’s Why
China Threat Triggers Potential Mining Boom for Investors (Ad)
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
Lockheed teams with Israel's Rafael on laser defense
China Threat Triggers Potential Mining Boom for Investors (Ad)
Russian oil price cap, EU ban aim to limit Kremlin war chest
World Cup fans find booze at hotels, Qatar's 1 liquor store
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Is Salesforce Stock a Bargain Down Here?
Tesla Shares Are Sliding, Here’s Why
China Threat Triggers Potential Mining Boom for Investors (Ad)
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
Lockheed teams with Israel's Rafael on laser defense
China Threat Triggers Potential Mining Boom for Investors (Ad)
Russian oil price cap, EU ban aim to limit Kremlin war chest
World Cup fans find booze at hotels, Qatar's 1 liquor store

Deere & Company - DE Stock Forecast, Price & News

$436.89
-8.72 (-1.96%)
(As of 12/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$435.00
$442.16
50-Day Range
$333.89
$445.61
52-Week Range
$283.81
$448.40
Volume
1.42 million shs
Average Volume
1.79 million shs
Market Capitalization
$131.86 billion
P/E Ratio
18.73
Dividend Yield
1.01%
Price Target
$458.11

Deere & Company MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.61 Rating Score
Upside/​Downside
4.9% Upside
$458.11 Price Target
Short Interest
Healthy
1.18% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.75
Upright™ Environmental Score
News Sentiment
0.62mentions of Deere & Company in the last 14 days
Based on 45 Articles This Week
Insider Trading
Selling Shares
$15.37 M Sold Last Quarter
Proj. Earnings Growth
5.69%
From $27.57 to $29.14 Per Share

Overall MarketRank

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

2.30 out of 5 stars

Industrial Products Sector

56th out of 178 stocks

Farm Machinery & Equipment Industry

3rd out of 4 stocks

DE stock logo

About Deere & Company (NYSE:DE) Stock

Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts. The Construction and Forestry segment offers machines and service parts used in construction, earthmoving, road building, material handling and timber harvesting. The Financial Services segment finances sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment. The company was founded by John Deere in 1837 and is headquartered in Moline, IL.

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DE Stock News Headlines

 Will Sell-Side Support Drive Deer & Co To New Highs? 
Which Is Faster: Caterpillar Or Deere?
China Threat Triggers Potential Mining Boom for Investors
China has almost a 90% lock on critical minerals needed to produce our military, mobile, and green technologies. Mining companies are scrambling to find domestic sources to break China's chokehold on supply chains. Nevada, Idaho and Montana are key to securing a domestic supply.
Deere & Company (NYSE:DE) PT Raised to $505.00
Here's Why Deere (DE) is a Strong Value Stock
Why Deere Stock Shot Higher in November
China Threat Triggers Potential Mining Boom for Investors
China has almost a 90% lock on critical minerals needed to produce our military, mobile, and green technologies. Mining companies are scrambling to find domestic sources to break China's chokehold on supply chains. Nevada, Idaho and Montana are key to securing a domestic supply.
Deere & Co (NYSE:DE) Q3 2022 Earning Call Transcript
Deere & Company (NYSE:DE) PT Raised to $520.00 at DA Davidson
Deere & Company (NYSE:DE) PT Raised to $462.00
Jim Cramer gives his take on Deere
What’s Next For Deere Stock After A Solid Q4?
See More Headlines
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DE Company Calendar

Ex-Dividend for 11/8 Dividend
9/29/2022
Dividend Payable
11/08/2022
Last Earnings
11/23/2022
Today
12/05/2022
Next Earnings (Estimated)
2/16/2023
Fiscal Year End
10/31/2023

Industry, Sector and Symbol

Industry
Farm machinery & equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
24419910
Employees
75,600
Year Founded
1837

Price Target and Rating

Average Stock Price Forecast
$458.11
High Stock Price Forecast
$582.00
Low Stock Price Forecast
$342.00
Forecasted Upside/Downside
+4.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.61
Research Coverage
18 Analysts

Profitability

Net Income
$7.13 billion
Pretax Margin
17.36%

Debt

Sales & Book Value

Annual Sales
$52.58 billion
Cash Flow
$29.32 per share
Book Value
$67.14 per share

Miscellaneous

Free Float
301,096,000
Market Cap
$131.86 billion
Optionable
Optionable
Beta
1.09

Social Links


Key Executives

  • John C. MayJohn C. May
    Chairman, President, CEO & COO
  • Joshua A. Jepsen
    Chief Financial Officer & Senior Vice President
  • Rajesh KalathurRajesh Kalathur
    Chief Information Officer
  • Jahmy J. Hindman
    Chief Technology Officer
  • Mary K. W. JonesMary K. W. Jones
    Chief Legal Officer, General Counsel & Senior VP













DE Stock - 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 7 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research 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 2023?

18 brokerages have issued 1 year target prices for Deere & Company's shares. Their DE share price forecasts range from $342.00 to $582.00. On average, they anticipate the company's stock price to reach $458.11 in the next year. This suggests a possible upside of 4.9% 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 at the beginning of the year. Since then, DE shares have increased by 27.4% and is now trading at $436.89.
View the best growth stocks for 2022 here
.

When is Deere & Company's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our DE earnings forecast
.

How were Deere & Company's earnings last quarter?

Deere & Company (NYSE:DE) released its quarterly earnings results on Wednesday, November, 23rd. The industrial products company reported $7.44 earnings per share for the quarter, topping the consensus estimate of $7.08 by $0.36. The industrial products company earned $14.35 billion during the quarter, compared to analyst estimates of $13.64 billion. Deere & Company had a net margin of 13.56% and a trailing twelve-month return on equity of 37.52%.
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, August 31st. Stockholders of record on Friday, September 30th will be paid a dividend of $1.13 per share on Tuesday, November 8th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date is Thursday, September 29th.
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 1.01%. 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 19.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DE will have a dividend payout ratio of 15.51% 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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.32%), BlackRock Inc. (6.18%), State Street Corp (3.58%), Nuveen Asset Management LLC (0.99%), Bank of New York Mellon Corp (0.95%) and Barrow Hanley Mewhinney & Strauss LLC (0.56%). Insiders that own company stock include Cory J Reed, John C May II, John H Stone, Marc A Howze, Mary KW Jones, Pentz Markwart Von, Rajesh Kalathur, Ryan D Campbell 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 $436.89.

How much money does Deere & Company make?

Deere & Company (NYSE:DE) has a market capitalization of $131.86 billion and generates $52.58 billion in revenue each year. The industrial products company earns $7.13 billion in net income (profit) each year or $23.33 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
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 12/6/2022 by MarketBeat.com Staff