NYSE:DEDeere & Company Stock Price, Forecast & News

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 shares have decreased by 7.1% and is now trading at $135.52. View which stocks have been mosted impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last year. There are currently 1 sell rating, 8 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Deere & Company.

Deere & Company is scheduled to release its next quarterly earnings announcement on Friday, May 15th 2020. View our earnings forecast for Deere & Company.

Deere & Company (NYSE:DE) released its quarterly earnings data on Friday, February, 21st. The industrial products company reported $1.63 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.35. The industrial products company earned $6.53 billion during the quarter, compared to analysts' expectations of $6.17 billion. Deere & Company had a net margin of 8.41% and a return on equity of 26.92%. The firm's revenue was down 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.54 earnings per share. View Deere & Company's earnings history.

Deere & Company announced a quarterly dividend on Tuesday, February 25th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.76 per share on Friday, May 8th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date is Monday, March 30th. View Deere & Company's dividend history.

22 brokerages have issued twelve-month price targets for Deere & Company's stock. Their forecasts range from $132.00 to $210.00. On average, they anticipate Deere & Company's stock price to reach $171.46 in the next twelve months. This suggests a possible upside of 26.5% from the stock's current price. View analysts' price targets for Deere & Company.

Media stories about DE stock have trended very negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Deere & Company earned a news impact score of -3.3 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutDeere & Company.

Deere & Company saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 4,130,000 shares, a drop of 10.0% from the February 13th total of 4,590,000 shares. Based on an average trading volume of 1,700,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.3% of the company's shares are short sold. View Deere & Company's Current Options Chain.

Some companies that are related to Deere & Company include Caterpillar (CAT), PACCAR (PCAR), Cummins (CMI), Westinghouse Air Brake Technologies (WAB), WABCO (WBC), Toro (TTC), Oshkosh (OSK), AGCO (AGCO), Trinity Industries (TRN), Navistar International (NAV), Federal Signal (FSS), Terex (TEX), Alamo Group (ALG), Meritor (MTOR) and Lindsay (LNN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Deere & Company investors own include Caterpillar (CAT), Boeing (BA), NVIDIA (NVDA), Intel (INTC), Netflix (NFLX), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Walt Disney (DIS), Johnson & Johnson (JNJ) and Alibaba Group (BABA).

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

Deere & Company's stock is owned by many different retail and institutional investors. Top institutional shareholders include Cullinan Associates Inc. (0.01%), First Financial Bank Trust Division (0.00%) and Fulton Bank N.A. (0.00%). Company insiders that own Deere & Company stock include James M Field, John C May II, Pentz Markwart Von, Rajesh Kalathur and Samuel R Allen. View institutional ownership trends for Deere & Company.

DE stock was sold by a variety of institutional investors in the last quarter, including First Financial Bank Trust Division. Company insiders that have sold Deere & Company company stock in the last year include James M Field, John C May II, Pentz Markwart Von, Rajesh Kalathur, and Samuel R Allen. View insider buying and selling activity for Deere & Company.

DE stock was acquired by a variety of institutional investors in the last quarter, including Fulton Bank N.A., and Cullinan Associates Inc.. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of DE stock can currently be purchased for approximately $135.52.

Deere & Company has a market capitalization of $42.50 billion and generates $39.26 billion in revenue each year. The industrial products company earns $3.25 billion in net income (profit) each year or $9.94 on an earnings per share basis. Deere & Company employs 73,500 workers across the globe. View additional information about Deere & Company.

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

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.