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NYSE:DE

Deere & Company - DE Stock Forecast, Price & News

$334.22
-11.91 (-3.44%)
(As of 09/23/2022 12:00 AM ET)
Add
Compare
Today's Range
$328.62
$343.10
50-Day Range
$297.95
$388.15
52-Week Range
$283.81
$446.76
Volume
1.72 million shs
Average Volume
1.20 million shs
Market Capitalization
$100.87 billion
P/E Ratio
16.70
Dividend Yield
1.31%
Price Target
$407.68

Deere & Company MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.68 Rating Score
Upside/​Downside
22.0% Upside
$407.68 Price Target
Short Interest
Healthy
1.25% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.75
Upright™ Environmental Score
News Sentiment
0.27mentions of Deere & Company in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$1.50 M Sold Last Quarter
Proj. Earnings Growth
16.30%
From $22.94 to $26.68 Per Share

Overall MarketRank

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

2.75 out of 5 stars

Industrial Products Sector

47th out of 179 stocks

Farm Machinery & Equipment Industry

2nd 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

Deere & Company Is A Decent Dividend Growth Investment
Where Will Deere Be in 10 Years?
Marc A. Howze Sells 4,019 Shares of Deere & Company (NYSE:DE) Stock
Is Deere Stock a Buy?
Key Deere Stock Rating Jumps; Can It Run Higher?
Why I Own John Deere Stock
Deere Board of Directors elects new CFO
Deere names new CFO in second rejig in three months
See More Headlines
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DE Company Calendar

Ex-Dividend for 8/8 Dividend
6/29/2022
Dividend Payable
8/08/2022
Last Earnings
8/19/2022
Today
9/24/2022
Ex-Dividend for 11/8 Dividend
9/29/2022
Fiscal Year End
10/31/2022
Dividend Payable
11/08/2022
Next Earnings (Estimated)
11/23/2022

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
$407.68
High Stock Price Forecast
$447.00
Low Stock Price Forecast
$325.00
Forecasted Upside/Downside
+22.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.68
Research Coverage
19 Analysts

Profitability

Net Income
$5.96 billion
Pretax Margin
16.24%

Debt

Sales & Book Value

Annual Sales
$44.02 billion
Cash Flow
$24.96 per share
Book Value
$63.07 per share

Miscellaneous

Free Float
301,096,000
Market Cap
$100.87 billion
Optionable
Optionable
Beta
1.06

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?

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last twelve months. There are currently 6 hold ratings and 13 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 2022?

19 brokerages have issued 12-month price targets for Deere & Company's shares. Their DE share price forecasts range from $325.00 to $447.00. On average, they predict the company's share price to reach $407.68 in the next year. This suggests a possible upside of 22.0% 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 2022. Since then, DE stock has decreased by 2.5% and is now trading at $334.22.
View the best growth stocks for 2022 here
.

Are investors shorting Deere & Company?

Deere & Company saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 3,500,000 shares, an increase of 14.8% from the August 15th total of 3,050,000 shares. Based on an average daily volume of 1,550,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.3% of the company's stock 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 Wednesday, November 23rd 2022.
View our DE earnings forecast
.

How were Deere & Company's earnings last quarter?

Deere & Company (NYSE:DE) released its quarterly earnings data on Friday, August, 19th. The industrial products company reported $6.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.61 by $0.45. The industrial products company had revenue of $13 billion for the quarter, compared to analyst estimates of $12.84 billion. Deere & Company had a trailing twelve-month return on equity of 33.26% and a net margin of 12.75%. The firm's revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period last year, the business earned $5.32 earnings per share.
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. Shareholders of record on Friday, September 30th will be given a dividend of $1.13 per share on Tuesday, November 8th. This represents a $4.52 dividend on an annualized basis and a yield of 1.35%. 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 1.31%. 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 22.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DE will have a dividend payout ratio of 16.94% 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 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 $334.22.

How much money does Deere & Company make?

Deere & Company (NYSE:DE) has a market capitalization of $100.87 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 $20.01 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 9/24/2022 by MarketBeat.com Staff

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