Deere & Company Stock Forecast, Price & News

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last twelve months. There are currently 4 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Deere & Company stock.
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Deere & Company is scheduled to release its next quarterly earnings announcement on Wednesday, November 24th 2021.
View our earnings forecast for Deere & Company.

Deere & Company (NYSE:DE) posted its earnings results on Thursday, August, 19th. The industrial products company reported $5.32 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $4.58 by $0.74. The industrial products company earned $10.41 billion during the quarter, compared to analyst estimates of $10.33 billion. Deere & Company had a net margin of 12.82% and a trailing twelve-month return on equity of 37.60%. The firm's revenue for the quarter was up 32.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.57 earnings per share.
View Deere & Company's earnings history.

Deere & Company's stock was trading at $145.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DE stock has increased by 131.0% and is now trading at $336.95.
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Deere & Company announced a quarterly dividend on Wednesday, August 25th. Shareholders of record on Thursday, September 30th will be given a dividend of $1.05 per share on Monday, November 8th. This represents a $4.20 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Wednesday, September 29th. This is an increase from Deere & Company's previous quarterly dividend of $0.90.
View Deere & Company's dividend history.

Deere & Company pays an annual dividend of $3.60 per share and currently has a dividend yield of 1.06%. Deere & Company does not yet have a strong track record of dividend growth. The dividend payout ratio of Deere & Company is 41.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Deere & Company will have a dividend payout ratio of 16.22% next year. This indicates that Deere & Company will be able to sustain or increase its dividend.
View Deere & Company's dividend history.

18 Wall Street analysts have issued 1-year price targets for Deere & Company's shares. Their forecasts range from $210.00 to $455.00. On average, they anticipate Deere & Company's share price to reach $370.05 in the next year. This suggests a possible upside of 9.8% from the stock's current price.
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213 employees have rated Deere & Company CEO John May on Glassdoor.com. John May has an approval rating of 78% among Deere & Company's employees.

Some companies that are related to Deere & Company include Caterpillar (CAT), Cummins (CMI), PACCAR (PCAR), Westinghouse Air Brake Technologies (WAB), The Toro (TTC), AGCO (AGCO), Oshkosh (OSK), Terex (TEX), Trinity Industries (TRN), Federal Signal (FSS), Alamo Group (ALG), Lindsay (LNN), Meritor (MTOR), The Greenbrier Companies (GBX) and Astec Industries (ASTE).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Deere & Company investors own include Caterpillar (CAT), Intel (INTC), NVIDIA (NVDA), The Boeing (BA), Johnson & Johnson (JNJ), The Walt Disney (DIS), JPMorgan Chase & Co. (JPM), AT&T (T), Micron Technology (MU) and Cisco Systems (CSCO).

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

Deere & Company's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.19%), State Street Corp (3.96%), Geode Capital Management LLC (1.54%), FMR LLC (1.27%), Northern Trust Corp (1.16%) and Bank of New York Mellon Corp (1.00%). Company insiders that own Deere & Company stock include Cory J Reed, James M Field, John C May II, 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 for Deere & Company.

DE stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, FMR LLC, Parnassus Investments CA, UBS Asset Management Americas Inc., AMF Pensionsforsakring AB, MUFG Securities EMEA plc, Boston Partners, and Douglass Winthrop Advisors LLC. Company insiders that have sold Deere & Company company stock in the last year include Cory J Reed, John C May II, Marc A Howze, Mary KW Jones, Rajesh Kalathur, and Ryan D Campbell.
View insider buying and selling activity for Deere & Company or view top insider-selling stocks.

DE stock was acquired by a variety of institutional investors in the last quarter, including Weitzel Financial Services Inc., Amundi, Citadel Advisors LLC, Diamond Hill Capital Management Inc., Macquarie Group Ltd., Nuveen Asset Management LLC, Putnam Investments LLC, and Mn Services Vermogensbeheer B.V..
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Shares of DE 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.
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One share of DE stock can currently be purchased for approximately $336.95.

Deere & Company has a market capitalization of $104.48 billion and generates $35.54 billion in revenue each year. The industrial products company earns $2.75 billion in net income (profit) each year or $8.69 on an earnings per share basis.

Deere & Company employs 69,600 workers across the globe.

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

Deere & Company was founded in 1837.

The official website for Deere & Company is www.deere.com.

Deere & Company is headquartered at ONE JOHN DEERE PLACE, MOLINE IL, 61265.

Deere & Company's mailing address is ONE JOHN DEERE PLACE, MOLINE IL, 61265. The industrial products company can be reached via phone at (309) 765-8000.