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NYSE:DE

Deere & Company Stock Forecast, Price & News

$219.25
+2.73 (+1.26 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$214.83
Now: $219.25
$220.93
50-Day Range
$181.26
MA: $205.80
$221.97
52-Week Range
$106.14
Now: $219.25
$225.38
Volume1.23 million shs
Average Volume1.84 million shs
Market Capitalization$68.71 billion
P/E Ratio25.55
Dividend Yield1.40%
Beta0.99
Deere & Company 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 offers agriculture and turf equipment, and related 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; and tillage, seeding, and application equipment. It also provides hay and forage equipment, such as self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment; integrated agricultural management systems technology and solutions; and other outdoor power products. The Construction and Forestry segment manufactures and distributes 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; and log skidders, loaders, forwarders, and harvesters, as well as feller bunchers and related attachments used in construction, earthmoving, road building, material handling, and timber harvesting applications. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. This segment also offers wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and provides extended equipment warranties. It markets its products through independent retail dealer networks and retail outlets. The company was founded in 1837 and is based in Moline, Illinois.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.89 out of 5 stars


Industry, Sector and Symbol

Industry Farm machinery & equipment
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
CUSIP24419910
Phone309-765-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$39.26 billion
Cash Flow$16.60 per share
Book Value$41.14 per share

Profitability

Net Income$3.25 billion

Miscellaneous

Employees73,500
Market Cap$68.71 billion
Next Earnings Date11/25/2020 (Estimated)
OptionableOptionable
$219.25
+2.73 (+1.26 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Deere & Company (NYSE:DE) Frequently Asked Questions

How has Deere & Company's stock price been impacted by COVID-19?

Deere & Company's stock was trading at $145.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DE shares have increased by 50.3% and is now trading at $219.25.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Deere & Company?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last year. There are currently 2 sell ratings, 5 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Deere & Company
.

When is Deere & Company's next earnings date?

Deere & Company is scheduled to release its next quarterly earnings announcement on Wednesday, November 25th 2020.
View our earnings forecast for Deere & Company
.

How were Deere & Company's earnings last quarter?

Deere & Company (NYSE:DE) issued its quarterly earnings data on Friday, August, 21st. The industrial products company reported $2.57 EPS for the quarter, topping analysts' consensus estimates of $1.26 by $1.31. The industrial products company had revenue of $7.86 billion for the quarter, compared to the consensus estimate of $6.70 billion. Deere & Company had a return on equity of 22.24% and a net margin of 7.61%. The firm's quarterly revenue was down 12.4% compared to the same quarter last year. During the same quarter last year, the business posted $2.71 earnings per share.
View Deere & Company's earnings history
.

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

Deere & Company declared a quarterly dividend on Wednesday, August 26th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.76 per share on Monday, November 9th. This represents a $3.04 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Tuesday, September 29th.
View Deere & Company's dividend history
.

What price target have analysts set for DE?

21 brokers have issued 12 month target prices for Deere & Company's stock. Their forecasts range from $148.00 to $247.00. On average, they expect Deere & Company's share price to reach $211.46 in the next twelve months. This suggests that the stock has a possible downside of 3.6%.
View analysts' price targets for Deere & Company
.

Are investors shorting Deere & Company?

Deere & Company saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,590,000 shares, a decrease of 12.7% from the August 15th total of 4,110,000 shares. Based on an average daily trading volume, of 1,550,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.2% of the company's stock are sold short.
View Deere & Company's Short Interest
.

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), Boeing (BA), JPMorgan Chase & Co. (JPM), Johnson & Johnson (JNJ), Walt Disney (DIS), AT&T (T), Micron Technology (MU) and Cisco Systems (CSCO).

Who are Deere & Company's key executives?

Deere & Company's management team includes the following people:
  • Mr. Samuel R. Allen, Chairman & CEO (Age 65)
  • Mr. John C. May II, Pres & COO (Age 50)
  • Mr. Rajesh Kalathur, Pres of John Deere Financial & Chief Information Officer (Age 51)
  • Mr. James M. Field, Pres of Worldwide Construction & Forestry Division and Power Systems (Age 56)
  • Mr. Ryan D. Campbell, Sr. VP & CFO (Age 44)

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 investors include Vanguard Group Inc. (7.57%), BlackRock Inc. (6.11%), First Eagle Investment Management LLC (1.32%), Bank of New York Mellon Corp (1.22%), Rothschild & Co Wealth Management UK Ltd (0.78%) and Nuveen Asset Management LLC (0.77%). Company insiders that own Deere & Company stock include James M Field, John C May II, Marc A Howze, Pentz Markwart Von, Rajesh Kalathur and Samuel R Allen.
View institutional ownership trends for Deere & Company
.

Which institutional investors are selling Deere & Company stock?

DE stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., TD Asset Management Inc., Two Sigma Advisers LP, Toronto Dominion Bank, Marshall Wace North America L.P., Advisor Group Holdings Inc., Canada Pension Plan Investment Board, and Nuveen Asset Management LLC. Company insiders that have sold Deere & Company company stock in the last year include James M Field, John C May II, Marc A Howze, Pentz Markwart Von, Rajesh Kalathur, and Samuel R Allen.
View insider buying and selling activity for Deere & Company
.

Which institutional investors are buying Deere & Company stock?

DE stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Greenhaven Associates Inc., Rothschild & Co Wealth Management UK Ltd, Douglass Winthrop Advisors LLC, Nordea Investment Management AB, Principal Financial Group Inc., Bank of New York Mellon Corp, and Natixis Advisors L.P..
View insider buying and selling activity for Deere & Company
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Deere & Company's stock price today?

One share of DE stock can currently be purchased for approximately $219.25.

How big of a company is Deere & Company?

Deere & Company has a market capitalization of $68.71 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.

What is Deere & Company's official website?

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

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 9/26/2020 by MarketBeat.com Staff

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