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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
What is a Gold IRA, and is it a Viable Investment?
BREAKING: Tiny biotech successfully treats blindness (Ad)
Closing prices for crude oil, gold and other commodities
MarketBeat Week in Review – 3/27 - 3/31
Stocks are for suckers – try this instead (Ad)
UN body mulls deep sea mining amid demand for minerals
Intensity and insults rise as lawmakers debate debt ceiling
Buy THIS stock before Taiwan is attacked (Ad)
Canada approves largest telecom deal in country's history
UK travelers face hours-long waits for ferries to France
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
What is a Gold IRA, and is it a Viable Investment?
BREAKING: Tiny biotech successfully treats blindness (Ad)
Closing prices for crude oil, gold and other commodities
MarketBeat Week in Review – 3/27 - 3/31
Stocks are for suckers – try this instead (Ad)
UN body mulls deep sea mining amid demand for minerals
Intensity and insults rise as lawmakers debate debt ceiling
Buy THIS stock before Taiwan is attacked (Ad)
Canada approves largest telecom deal in country's history
UK travelers face hours-long waits for ferries to France
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
What is a Gold IRA, and is it a Viable Investment?
BREAKING: Tiny biotech successfully treats blindness (Ad)
Closing prices for crude oil, gold and other commodities
MarketBeat Week in Review – 3/27 - 3/31
Stocks are for suckers – try this instead (Ad)
UN body mulls deep sea mining amid demand for minerals
Intensity and insults rise as lawmakers debate debt ceiling
Buy THIS stock before Taiwan is attacked (Ad)
Canada approves largest telecom deal in country's history
UK travelers face hours-long waits for ferries to France
NYSE:DE

Deere & Company - DE Stock Forecast, Price & News

$412.88
+9.18 (+2.27%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$406.00
▼
$413.56
50-Day Range
$385.50
▼
$433.31
52-Week Range
$283.81
▼
$448.40
Volume
1.78 million shs
Average Volume
1.55 million shs
Market Capitalization
$122.34 billion
P/E Ratio
15.31
Dividend Yield
1.16%
Price Target
$459.86

Deere & Company MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
11.4% Upside
$459.86 Price Target
Short Interest
Healthy
0.90% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.75
Upright™ Environmental Score
News Sentiment
0.77mentions of Deere & Company in the last 14 days
Based on 28 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.14%
From $30.58 to $31.54 Per Share

Overall MarketRank™

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

2.49 out of 5 stars

Industrial Products Sector

57th out of 178 stocks

Farm Machinery & Equipment Industry

2nd out of 4 stocks

See Top Rated MarketRank™ Stocks Here

DE stock logo

About Deere & Company (NYSE:DE) Stock

Deere & Company, a global leader in manufacturing and distributing agricultural, construction, forestry and turf care equipment, is headquartered in Moline, Illinois. With over 185 years of experience, the company has established a strong reputation for quality and innovation. 

Deere & Company operates through four segments: small agriculture and turf, production and precision agriculture, construction and forestry and financial services. 

The small agriculture and turf segment offers a variety of equipment, including utility tractors, riding lawn equipment, commercial mowing equipment and implements for various outdoor power applications. This segment also resells products from other manufacturers.

The production and precision agriculture segment provides equipment for grain growers, including mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters and harvesting front-end equipment. It also offers application equipment, such as sprayers, nutrient management systems and soil preparation machinery.

The construction and forestry segment provides various machines and service parts used in earth moving, construction, material handling, road building and timber harvesting. Its products include crawler dozers, backhoe loaders, motor graders, four-wheel-drive loaders, excavators, articulated dump trucks and milling machines, to name a few.

The financial services segment finances sales and leases of agriculture and turf, construction and forestry equipment. It also offers wholesale financing to dealers, extended equipment warranties and retail revolving charge accounts.

Deere & Company is known for its innovative products, including the John Deere Autonomous 8R Tractor, See & Spray and E-Power Backhoe. These technology-enabled products help farmers, construction workers and forestry professionals operate more efficiently and sustainably.

Its logo and slogan reflect the company's commitment to innovation and sustainability. The leaping deer logo has been used for over 155 years and has become synonymous with the company's commitment to quality and reliability. The slogan "Nothing Runs Like a Deere" reflects the company's commitment to building long-lasting and reliable equipment that helps its customers achieve their goals.

Deere & Company has a solid financial position with a global presence. Deere & Company has a vast distribution network and operates in over 160 countries. Its commitment to quality and innovation has earned it a loyal customer base, and it continues to be a leader in the industry.

Deere & Company is a global leader in the manufacturing and distributing of agricultural, construction, forestry and turf care equipment. With a commitment to innovation and sustainability, the company offers customers a wide range of products and services worldwide. 

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DE Stock News Headlines

March 8, 2023 | marketbeat.com
Why Wall Street Is Still So Constructive on Aecom Stock (DE)
Several growth drivers along with a reasonable valuation have Wall Street analysts expecting a smooth road ahead for AECOM.
March 30, 2023 | marketwatch.com
Road Construction Machinery Market Next Big Thing With Major Giants Zoomlion, Deere & Company, Ditch Witch, Doosan, Gehl
April 1, 2023 | Investorplace Media (Ad)
5 Stocks to Buy Immediately
America’s #1 stock picker issues 5 buy alerts – one of which is positioned to be the next Tesla. Just click to claim your copy. pixel
March 29, 2023 | barrons.com
Thinking about trading options or stock in NVIDIA, Exxon Mobil, Tesla, Alibaba, or Deere & Company?
March 29, 2023 | marketwatch.com
Backhoe Loader Market Growing Demand and Trends 2023 to 2030 | CNH Global, Caterpillar, J.C. Bamford Excavators, Deere & Company
March 29, 2023 | finance.yahoo.com
If EPS Growth Is Important To You, Deere (NYSE:DE) Presents An Opportunity
March 29, 2023 | americanbankingnews.com
Deere & Company (NYSE:DE) Receives New Coverage from Analysts at Daiwa Capital Markets
March 29, 2023 | finance.yahoo.com
I Wouldn't Plow Ahead With Buying Deere Despite an Analyst's Thumbs Up
April 1, 2023 | Investorplace Media (Ad)
5 Stocks to Buy Immediately
America’s #1 stock picker issues 5 buy alerts – one of which is positioned to be the next Tesla. Just click to claim your copy. pixel
March 29, 2023 | finance.yahoo.com
Deere Is Sowing the Seeds of Success. Why the Stock Can Ride an Economic Crash.
March 29, 2023 | americanbankingnews.com
Deere & Company to Post Q2 2023 Earnings of $8.22 Per Share, Zacks Research Forecasts (NYSE:DE)
March 28, 2023 | americanbankingnews.com
Deere & Company (NYSE:DE) Raises Dividend to $1.25 Per Share
March 27, 2023 | theglobeandmail.com
Deere & Company (DE): Favors Sideways To Lower In Correction
March 27, 2023 | finance.yahoo.com
Chart of the Day: There's an Opportunity on This Stock's Pullback
March 27, 2023 | finance.yahoo.com
Deere and Pfizer have been highlighted as Zacks Bull and Bear of the Day
March 27, 2023 | marketwatch.com
Off-highway Electric Vehicle Market Outlook By 2031
March 27, 2023 | finance.yahoo.com
Bull of the Day: Deere & Co. (DE)
March 27, 2023 | marketwatch.com
Power Lawn Mower Market Size and Forecast till 2031
March 27, 2023 | marketwatch.com
Electric Agricultural Tractor Market Growth By 2031
March 24, 2023 | finance.yahoo.com
Deere (DE) Rides on Solid Agriculture & Construction Demand
March 24, 2023 | finance.yahoo.com
DE Stock No Safe Haven In Stock Market Correction
March 24, 2023 | finance.yahoo.com
ABB to Launch New Share Buyback Program of up to $1B in April
March 24, 2023 | finance.yahoo.com
Deere (NYSE:DE) Is Experiencing Growth In Returns On Capital
March 23, 2023 | finance.yahoo.com
General Electric (GE), Svante Collaborate on Carbon Capture
March 22, 2023 | marketwatch.com
Global Precision Farming/Agriculture Device Market 2023-A Detailed Analysis till 2028
March 22, 2023 | finance.yahoo.com
Key Reasons to Hold on to Crane Holdings (CR) Stock for Now
March 22, 2023 | finance.yahoo.com
Deere Stock Growing Like A Weed; EPS Soared 124% Last Quarter
See More Headlines
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DE Company Calendar

Ex-Dividend for 2/8 Dividend
12/29/2022
Dividend Payable
2/08/2023
Last Earnings
2/17/2023
Ex-Dividend for 5/8 Dividend
3/30/2023
Today
4/01/2023
Dividend Payable
5/08/2023
Next Earnings (Estimated)
5/19/2023
Fiscal Year End
10/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Farm machinery & equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
Sector
Industrial Products
Current Symbol
NYSE:DE
CUSIP
24419910
CIK
315189
Web
www.deere.com
Phone
(309) 765-8000
Fax
309-765-5671
Employees
82,200
Year Founded
1837

Price Target and Rating

Average Stock Price Forecast
$459.86
High Stock Price Forecast
$582.00
Low Stock Price Forecast
$342.00
Forecasted Upside/Downside
+11.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
21 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$26.96
Trailing P/E Ratio
15.31
Forward P/E Ratio
13.50
P/E Growth
1.05
Net Income
$7.13 billion
Net Margins
14.71%
Pretax Margin
18.81%
Return on Equity
41.17%
Return on Assets
9.29%

Debt

Debt-to-Equity Ratio
1.64
Current Ratio
2.07
Quick Ratio
1.76

Sales & Book Value

Annual Sales
$52.58 billion
Price / Sales
2.33
Cash Flow
$31.23 per share
Price / Cash Flow
13.22
Book Value
$72.00 per share
Price / Book
5.73

Miscellaneous

Outstanding Shares
296,320,000
Free Float
295,552,000
Market Cap
$122.34 billion
Optionable
Optionable
Beta
1.05

Social Links


Key Executives

  • John C. MayJohn C. May
    Chairman, President, CEO & COO
  • Joshua A. Jepsen
    Chief Financial Officer & Senior Vice President
  • Rajesh KalathurRajesh Kalathur
    Chief Information Officer
  • Jahmy J. Hindman
    Chief Technology Officer
  • Mary K. W. JonesMary K. W. Jones
    Chief Legal Officer, General Counsel & Senior VP

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













DE Stock - Frequently Asked Questions

Should I buy or sell Deere & Company stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last year. There are currently 8 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 2023?

21 Wall Street research analysts have issued 12-month target prices for Deere & Company's shares. Their DE share price forecasts range from $342.00 to $582.00. On average, they expect the company's share price to reach $459.86 in the next twelve months. This suggests a possible upside of 11.4% 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 2023?

Deere & Company's stock was trading at $428.76 on January 1st, 2023. Since then, DE stock has decreased by 3.7% and is now trading at $412.88.
View the best growth stocks for 2023 here.

Are investors shorting Deere & Company?

Deere & Company saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 2,670,000 shares, an increase of 17.1% from the February 28th total of 2,280,000 shares. Based on an average daily trading volume, of 1,460,000 shares, the short-interest ratio is currently 1.8 days. Approximately 0.9% of the shares of the company 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 Friday, May 19th 2023.
View our DE earnings forecast.

How were Deere & Company's earnings last quarter?

Deere & Company (NYSE:DE) issued its quarterly earnings results on Friday, February, 17th. The industrial products company reported $6.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.53 by $1.02. The industrial products company earned $11.40 billion during the quarter, compared to analysts' expectations of $11.14 billion. Deere & Company had a trailing twelve-month return on equity of 41.17% and a net margin of 14.71%. The company's quarterly revenue was up 33.7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.92 EPS.
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, February 22nd. Investors of record on Friday, March 31st will be given a dividend of $1.25 per share on Monday, May 8th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date is Thursday, March 30th. This is an increase from the stock's previous quarterly dividend of $1.20.
Read our dividend analysis for DE.

What ETFs hold Deere & Company's stock?

ETFs with the largest weight of Deere & Company (NYSE:DE) stock in their portfolio include iShares MSCI Agriculture Producers ETF (VEGI), First Trust Indxx Global Agriculture ETF (FTAG), VanEck Agribusiness ETF (MOO), ClearBridge Focus Value ESG ETF (CFCV), VanEck Natural Resources ETF (HAP), VanEck Future of Food ETF (YUMY), IQ Winslow Focused Large Cap Growth ETF (IWFG) and Engine No. 1 Transform Climate ETF (NETZ).

Is Deere & Company a good dividend stock?

Deere & Company (NYSE:DE) pays an annual dividend of $4.80 per share and currently has a dividend yield of 1.21%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DE will have a dividend payout ratio of 15.22% 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."

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 $412.88.

How much money does Deere & Company make?

Deere & Company (NYSE:DE) has a market capitalization of $122.34 billion and generates $52.58 billion in revenue each year. The industrial products company earns $7.13 billion in net income (profit) each year or $26.96 on an earnings per share basis.

How many employees does Deere & Company have?

The company employs 82,200 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 4/1/2023 by MarketBeat.com Staff