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Deere & Company - DE Stock Forecast, Price & News

$442.93
+2.28 (+0.52%)
(As of 12/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$437.60
$443.49
50-Day Range
$333.89
$445.61
52-Week Range
$283.81
$448.40
Volume
1.20 million shs
Average Volume
1.78 million shs
Market Capitalization
$133.69 billion
P/E Ratio
18.99
Dividend Yield
1.03%
Price Target
$458.11

Deere & Company MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.61 Rating Score
Upside/​Downside
3.4% 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
0.54mentions of Deere & Company in the last 14 days
Based on 25 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.

2.24 out of 5 stars

Industrial Products Sector

76th out of 175 stocks

Farm Machinery & Equipment Industry

3rd out of 4 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.

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DE Stock News Headlines

 Will Sell-Side Support Drive Deer & Co To New Highs? 
Deere & Company (NYSE:DE) Insider Sells $5,025,217.01 in Stock
Deere & Company Raises Dividend Six Percent
Deere boosts its dividend by 6%
One Stock To Buy Right Now
Which Is Faster: Caterpillar Or Deere?
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
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
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
12/08/2022
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
+3.4%
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
$30.23 per share
Book Value
$67.14 per share

Miscellaneous

Free Float
301,096,000
Market Cap
$133.69 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 equities research analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last year. There are currently 7 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities 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 analysts have issued 1 year price targets for Deere & Company's shares. Their DE share price forecasts range from $342.00 to $582.00. On average, they predict the company's share price to reach $458.11 in the next twelve months. This suggests a possible upside of 3.4% 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 stock has increased by 29.2% and is now trading at $442.93.
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 (EPS) for the quarter, beating the consensus estimate of $7.08 by $0.36. The industrial products company earned $14.35 billion during the quarter, compared to analysts' expectations of $13.64 billion. Deere & Company had a trailing twelve-month return on equity of 37.52% and a net margin of 13.56%.
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, December 7th. Shareholders of record on Friday, December 30th will be paid a dividend of $1.20 per share on Wednesday, February 8th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.08%. This is a positive change from the stock's previous quarterly dividend of $1.13.
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 1.03%. 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 number of retail and institutional investors. Top institutional investors 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 $442.93.

How much money does Deere & Company make?

Deere & Company (NYSE:DE) has a market capitalization of $133.69 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.
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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 12/8/2022 by MarketBeat.com Staff