Deere & Company Stock Forecast, Price & News

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last year. 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.
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Wall Street analysts have given Deere & Company a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Deere & Company wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Deere & Company is scheduled to release its next quarterly earnings announcement on Friday, May 21st 2021.
View our earnings forecast for Deere & Company.

Deere & Company will be holding an earnings conference call on Friday, May 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Deere & Company's stock was trading at $145.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DE shares have increased by 162.6% and is now trading at $383.09.
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Deere & Company announced a quarterly dividend on Wednesday, February 24th. Investors of record on Wednesday, March 31st will be paid a dividend of $0.90 per share on Monday, May 10th. This represents a $3.60 annualized dividend and a dividend yield of 0.94%. The ex-dividend date is Tuesday, March 30th. This is a positive change from Deere & Company's previous quarterly dividend of $0.76.
View Deere & Company's dividend history.

Deere & Company pays an annual dividend of $3.60 per share and currently has a dividend yield of 0.96%. Deere & Company does not yet have a strock 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 23.48% next year. This indicates that Deere & Company will be able to sustain or increase its dividend.
View Deere & Company's dividend history.

21 brokers have issued twelve-month price targets for Deere & Company's shares. Their forecasts range from $209.00 to $455.00. On average, they anticipate Deere & Company's stock price to reach $347.50 in the next year. This suggests that the stock has a possible downside of 9.3%.
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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), Navistar International (NAV), Terex (TEX), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG), Lindsay (LNN) 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 variety of retail and institutional investors. Top institutional investors include Geode Capital Management LLC (1.51%), Parnassus Investments CA (1.22%), Northern Trust Corp (1.16%), Bank of New York Mellon Corp (1.02%), Rothschild & Co Wealth Management UK Ltd (0.52%) and Sumitomo Mitsui Trust Holdings Inc. (0.51%). 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.

DE stock was sold by a variety of institutional investors in the last quarter, including First Eagle Investment Management LLC, Principal Financial Group Inc., Rothschild & Co Wealth Management UK Ltd, Boston Partners, Prudential Financial Inc., Bank of New York Mellon Corp, Fort Washington Investment Advisors Inc. OH, and Commerce Bank. 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.

DE stock was bought by a variety of institutional investors in the last quarter, including The PNC Financial Services Group Inc., Sarasin & Partners LLP, Migdal Insurance & Financial Holdings Ltd., Korea Investment CORP, Geode Capital Management LLC, Baillie Gifford & Co., Mirae Asset Global Investments Co. Ltd., and State of Tennessee Treasury Department.
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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 $383.09.

Deere & Company has a market capitalization of $120.08 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 69,634 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.