NYSE:DE - Deere & Company Stock Price, Forecast & News

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

Deere & Company declared a quarterly dividend on Wednesday, December 4th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.76 per share on Monday, February 10th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend is Monday, December 30th. View Deere & Company's Dividend History.

Deere & Company (NYSE:DE) released its quarterly earnings data on Friday, February, 21st. The industrial products company reported $1.63 EPS for the quarter, topping the Zacks' consensus estimate of $1.30 by $0.33. The industrial products company had revenue of $6.53 billion for the quarter, compared to the consensus estimate of $6.17 billion. Deere & Company had a net margin of 8.29% and a return on equity of 27.11%. The firm's revenue was down 5.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.54 EPS. View Deere & Company's Earnings History.

Deere & Company is scheduled to release their next quarterly earnings announcement on Friday, February 21st 2020. View Earnings Estimates for Deere & Company.

20 brokers have issued 12-month target prices for Deere & Company's shares. Their forecasts range from $132.00 to $197.00. On average, they expect Deere & Company's stock price to reach $172.28 in the next year. This suggests that the stock has a possible downside of 2.9%. View Analyst Price Targets for Deere & Company.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last year. There are currently 3 sell ratings, 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Deere & Company.

News headlines about DE stock have trended somewhat positive recently, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Deere & Company earned a coverage optimism score of 1.0 on InfoTrie's scale. They also gave headlines about the industrial products company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the near future. View News Stories for Deere & Company.

Deere & Company saw a drop in short interest in January. As of January 31st, there was short interest totalling 4,550,000 shares, a drop of 5.2% from the January 15th total of 4,800,000 shares. Based on an average trading volume of 1,670,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.5% of the shares of the company are sold short. View Deere & Company's Current Options Chain.

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

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's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (3.98%), Capital International Investors (2.84%), Loomis Sayles & Co. L P (2.18%), Geode Capital Management LLC (1.36%), First Eagle Investment Management LLC (1.30%) and Bank of New York Mellon Corp (1.14%). Company insiders that own Deere & Company stock include James M Field, Jean H Gilles, 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 Capital International Investors, Capital World Investors, First Eagle Investment Management LLC, Standard Life Aberdeen plc, New York State Common Retirement Fund, Barrow Hanley Mewhinney & Strauss LLC, Capital Bank & Trust Co and Sarasin & Partners LLP. 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 for Deere & Company.

DE stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Marshall Wace North America L.P., Ceredex Value Advisors LLC, Loomis Sayles & Co. L P, Bank of New York Mellon Corp, Alliancebernstein L.P., Principal Financial Group Inc. and Retirement Systems of Alabama. View Insider Buying and Selling 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 $177.43.

Deere & Company has a market capitalization of $55.86 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.