S&P 500   3,901.82
DOW   31,535.51
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S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
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S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
pixel
pixel
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S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
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NYSE:DE

Deere & Company Stock Forecast, Price & News

$359.51
+10.39 (+2.98 %)
(As of 03/1/2021 12:00 AM ET)
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Today's Range
$354.34
Now: $359.51
$363.31
50-Day Range
$280.73
MA: $310.19
$349.12
52-Week Range
$106.14
Now: $359.51
$363.31
Volume2.08 million shs
Average Volume1.86 million shs
Market Capitalization$113.04 billion
P/E Ratio41.32
Dividend Yield0.87%
Beta0.96
Deere & Company, together with its subsidiaries, manufactures and distributes various equipment worldwide. The company operates through three segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment provides various agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; tillage, seeding, and application equipment comprising sprayers, nutrient management, and soil preparation machinery; self-propelled forage harvesters and attachments, balers, and mowers; riding lawn equipment, golf course equipment, utility vehicles, and commercial mowing equipment along with associated implements; integrated agricultural solutions and precision technologies; and other outdoor power products. The Construction and Forestry segment offers a range of machines and service parts used in construction, earthmoving, road building, material handling, and timber harvesting, including backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; milling machines; recyclers; slipform pavers; surface miners; asphalt pavers; compactors; tandem and static rollers; mobile crushers and screens; mobile and stationary asphalt plants; log skidders; feller bunchers; log loaders; log forwarders; and log harvesters and related logging attachments. 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.
Deere & Company logo

Industry, Sector and Symbol

Industry Farm machinery & equipment
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
CUSIP24419910
Phone309-765-8000
Employees69,634
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$35.54 billion
Cash Flow$18.54 per share
Book Value$41.31 per share

Profitability

Net Income$2.75 billion

Miscellaneous

Market Cap$113.04 billion
Next Earnings Date5/28/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

2.16 out of 5 stars

Industrial Products Sector

26th out of 398 stocks

Farm Machinery & Equipment Industry

1st out of 5 stocks

Analyst Opinion: 2.4Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$359.51
+10.39 (+2.98 %)
(As of 03/1/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Deere & Company (NYSE:DE) Frequently Asked Questions

Is Deere & Company a buy right now?

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last twelve months. There are currently 5 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Deere & Company stock.
View analyst ratings for Deere & Company
or view top-rated stocks.

What stocks does MarketBeat like better than Deere & Company?

Wall Street analysts have given Deere & Company a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Deere & Company wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Deere & Company?

Deere & Company saw a increase in short interest in January. As of January 15th, there was short interest totaling 2,600,000 shares, an increase of 19.8% from the December 31st total of 2,170,000 shares. Based on an average trading volume of 1,620,000 shares, the short-interest ratio is currently 1.6 days. Currently, 0.8% of the shares of the stock are short sold.
View Deere & Company's Short Interest
.

When is Deere & Company's next earnings date?

Deere & Company is scheduled to release its next quarterly earnings announcement on Friday, May 28th 2021.
View our earnings forecast for Deere & Company
.

How were Deere & Company's earnings last quarter?

Deere & Company (NYSE:DE) announced its earnings results on Thursday, February, 18th. The industrial products company reported $3.87 EPS for the quarter, beating analysts' consensus estimates of $2.17 by $1.70. The industrial products company earned $8.05 billion during the quarter, compared to analysts' expectations of $7.12 billion. Deere & Company had a net margin of 7.74% and a trailing twelve-month return on equity of 22.17%. The firm's revenue for the quarter was up 23.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.63 earnings per share.
View Deere & Company's earnings history
.

How has Deere & Company's stock been impacted by Coronavirus (COVID-19)?

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 increased by 146.4% and is now trading at $359.51.
View which stocks have been most impacted by COVID-19
.

How often does Deere & Company pay dividends? What is the dividend yield for Deere & Company?

Deere & Company declared a quarterly dividend on Wednesday, February 24th. Shareholders of record on Wednesday, March 31st will be given a dividend of $0.90 per share on Monday, May 10th. This represents a $3.60 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Tuesday, March 30th. This is an increase from Deere & Company's previous quarterly dividend of $0.76.
View Deere & Company's dividend history
.

Is Deere & Company a good dividend stock?

Deere & Company pays an annual dividend of $3.04 per share and currently has a dividend yield of 0.87%. Deere & Company does not yet have a strock track record of dividend growth. The dividend payout ratio of Deere & Company is 34.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Deere & Company will have a dividend payout ratio of 19.83% next year. This indicates that Deere & Company will be able to sustain or increase its dividend.
View Deere & Company's dividend history.

What price target have analysts set for DE?

21 brokerages have issued 1-year price targets for Deere & Company's stock. Their forecasts range from $209.00 to $403.00. On average, they expect Deere & Company's share price to reach $319.84 in the next twelve months. This suggests that the stock has a possible downside of 11.0%.
View analysts' price targets for Deere & Company
or view top-rated stocks among Wall Street analysts.

Who are Deere & Company's key executives?

Deere & Company's management team includes the following people:
  • Mr. John C. May II, Chairman, Pres & CEO (Age 52, Pay $5.25M)
  • Mr. Ryan D. Campbell, Sr. VP & CFO (Age 47, Pay $2.94M)
  • Mr. Rajesh Kalathur, Chief Information Officer (Age 53, Pay $3.24M)
  • Ms. Mary K. W. Jones, Chief Legal Officer, Sr. VP, Gen. Counsel & Worldwide Public Affairs (Age 53, Pay $3.21M)
  • Mr. Cory J. Reed, Pres of Worldwide Ag & Turf Division, Production & Precision Ag for Americas and Australia (Age 50, Pay $3.17M)
  • Mr. Jeffrey A. Trahan, VP of Pension Fund & Investments
  • Mr. Jahmy J. Hindman, Chief Technology Officer
  • Mr. Marc Allen Howze, Group Pres of Lifecycle Solutions & Chief Admin. Officer (Age 58)
  • Mr. Josh Jepsen, Director of Investor Relations
  • Ms. Renee A. Mailhot, VP & Chief Compliance Officer

What is John May's approval rating as Deere & Company's CEO?

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.

Who are some of Deere & Company's key competitors?

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), The Boeing (BA), Johnson & Johnson (JNJ), The 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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.38%), Price T Rowe Associates Inc. MD (1.74%), JPMorgan Chase & Co. (1.73%), FMR LLC (1.50%), Parnassus Investments CA (1.20%) and Northern Trust Corp (1.18%). Company insiders that own Deere & Company stock include James M Field, John C May II, Marc A Howze, Mary KW Jones, Pentz Markwart Von, Rajesh Kalathur, Ryan D Campbell 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 Barrow Hanley Mewhinney & Strauss LLC, Greenhaven Associates Inc., Price T Rowe Associates Inc. MD, Bank of New York Mellon Corp, Fort Washington Investment Advisors Inc. OH, Rothschild & Co Wealth Management UK Ltd, Nuveen Asset Management LLC, and Schroder Investment Management Group. Company insiders that have sold Deere & Company company stock in the last year include Marc A Howze, Mary KW Jones, Pentz Markwart Von, Rajesh Kalathur, and Ryan D Campbell.
View insider buying and selling activity for Deere & Company
or view top insider-selling stocks.

Which major investors are buying Deere & Company stock?

DE stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Wells Fargo & Company MN, AMF Pensionsforsakring AB, Menora Mivtachim Holdings LTD., BlackRock Inc., Morgan Stanley, JPMorgan Chase & Co., and Robeco Institutional Asset Management B.V..
View insider buying and selling activity for Deere & Company
or or view top insider-buying stocks.

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 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 $359.51.

How much money does Deere & Company make?

Deere & Company has a market capitalization of $113.04 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.

How many employees does Deere & Company have?

Deere & Company employs 69,634 workers across the globe.

What is Deere & Company's official website?

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

Where are Deere & Company's headquarters?

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

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.


This page was last updated on 3/2/2021 by MarketBeat.com Staff

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