Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company's Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; related harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment comprising sprayers, and nutrient management and soil preparation machinery. This segment also offers hay and forage equipment, such as self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment manufactures and distributes backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, loaders, forwarders, and harvesters, as well as feller bunchers and related attachments used in construction, earthmoving, material handling, and timber harvesting applications. The company's Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. It markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Farm machinery & equipment
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorIndustrial Products
SymbolNYSE:DE
CUSIP24419910
Phone309-765-8000
Debt
Debt-to-Equity Ratio2.52
Current Ratio1.91
Quick Ratio1.64
Price-To-Earnings
Trailing P/E Ratio20.53
Forward P/E Ratio14.19
P/E Growth2.5
Sales & Book Value
Annual Sales$29.74 billion
Price / Sales1.50
Cash Flow$12.0642 per share
Price / Cash11.37
Book Value$29.76 per share
Price / Book4.61
Profitability
EPS (Most Recent Fiscal Year)$6.68
Net Income$2.16 billion
Net Margins5.46%
Return on Equity27.67%
Return on Assets3.95%
Miscellaneous
Employees60,500
Outstanding Shares324,290,000
Market Cap$44,482.17
Deere & Company (NYSE:DE) Frequently Asked Questions
What is Deere & Company's stock symbol?
Deere & Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "DE."
How often does Deere & Company pay dividends? What is the dividend yield for Deere & Company?
Deere & Company declared a quarterly dividend on Wednesday, May 30th. Stockholders of record on Friday, June 29th will be paid a dividend of $0.69 per share on Wednesday, August 1st. This represents a $2.76 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date is Thursday, June 28th. This is a positive change from Deere & Company's previous quarterly dividend of $0.60. View Deere & Company's Dividend History.
How were Deere & Company's earnings last quarter?
Deere & Company (NYSE:DE) announced its quarterly earnings data on Friday, May, 18th. The industrial products company reported $3.14 earnings per share for the quarter, missing analysts' consensus estimates of $3.33 by $0.19. The industrial products company had revenue of $9.75 billion for the quarter, compared to analysts' expectations of $9.83 billion. Deere & Company had a net margin of 5.46% and a return on equity of 27.67%. The company's quarterly revenue was up 34.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.14 earnings per share. View Deere & Company's Earnings History.
When is Deere & Company's next earnings date?
What price target have analysts set for DE?
19 brokerages have issued 1 year price targets for Deere & Company's shares. Their predictions range from $129.75 to $231.00. On average, they anticipate Deere & Company's stock price to reach $178.6324 in the next year. This suggests a possible upside of 30.2% from the stock's current price. View Analyst Ratings for Deere & Company.
What is the consensus analysts' recommendation for Deere & Company?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last year. There are currently 4 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Deere & Company's key competitors?
Some companies that are related to Deere & Company include Caterpillar (CAT), Bouygues (BOUYF), Illinois Tool Works (ITW), SCHNEIDER Elec/ADR (SBGSY), Vinci (DG), ABB (ABB), Emerson Electric (EMR), MURATA Mfg Co L/ADR (MRAAY), FANUC Ltd JAPAN/ADR (FANUY), Eaton (ETN), Johnson Controls International (JCI), Mitsui & Co Ltd (MITSY), Roper Technologies (ROP), Komatsu (KMTUY) and ATLAS COPCO AB/S (ATLKY).
Who are Deere & Company's key executives?
Deere & Company's management team includes the folowing people:
- Mr. Samuel R. Allen, Chairman, CEO & Pres (Age 64)
- Mr. Rajesh Kalathur, Sr. VP & CFO (Age 50)
- Mr. Jean H. Gilles, SVP of Power Systems-Worldwide Parts Svcs-Advanced Tech & Engg & Supply Mgmt & Logistics (Age 61)
- Mr. John C. May II, Pres of Agricultural Solutions & Chief Information Officer (Age 49)
- Mr. James M. Field, Pres of Agricultural Equipment Operations (Age 55)
Has Deere & Company been receiving favorable news coverage?
Press coverage about DE stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Deere & Company earned a media sentiment score of 0.15 on Accern's scale. They also assigned headlines about the industrial products company an impact score of 47.71 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Deere & Company's major shareholders?
Deere & Company's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.19%), Cornerstone Wealth Management LLC (0.16%), Gateway Investment Advisers LLC (0.07%), Factory Mutual Insurance Co. (0.06%), Boston Advisors LLC (0.05%) and Selz Capital LLC (0.05%). Company insiders that own Deere & Company stock include Cory J Reed, James Andrew Paterson, James M Field, Jean H Gilles, John C May II, Marc A Howze, Mary KW Jones, Max A Guinn, Pentz Markwart Von, Rajesh Kalathur and Samuel R Allen. View Institutional Ownership Trends for Deere & Company.
Which major investors are selling Deere & Company stock?
DE stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc., Hartford Investment Management Co., Assenagon Asset Management S.A., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Asset Advisors Corp, Nippon Life Global Investors Americas Inc., Boston Advisors LLC and Rathbone Brothers plc. Company insiders that have sold Deere & Company company stock in the last year include Cory J Reed, James M Field, Jean H Gilles, John C May II, Marc A Howze, Mary KW Jones, Max A Guinn, Pentz Markwart Von, Rajesh Kalathur and Samuel R Allen. View Insider Buying and Selling for Deere & Company.
Which major investors are buying Deere & Company stock?
DE stock was acquired by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Selz Capital LLC, Nikko Asset Management Americas Inc., Factory Mutual Insurance Co., Bank of Montreal Can, Handelsbanken Fonder AB, Steward Partners Investment Advisory LLC and Xact Kapitalforvaltning AB. View Insider Buying and Selling for Deere & Company.
How do I buy shares of Deere & Company?
Shares of DE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Deere & Company's stock price today?
One share of DE stock can currently be purchased for approximately $137.17.
How big of a company is Deere & Company?
Deere & Company has a market capitalization of $44.48 billion and generates $29.74 billion in revenue each year. The industrial products company earns $2.16 billion in net income (profit) each year or $6.68 on an earnings per share basis. Deere & Company employs 60,500 workers across the globe.
How can I contact Deere & Company?
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.
MarketBeat Community Rating for Deere & Company (NYSE DE)
MarketBeat's community ratings are surveys of what our community members think about Deere & Company and other stocks. Vote "Outperform" if you believe DE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DE will underperform the S&P 500 over the long term. You may vote once every thirty days.
