Deere & Company Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last twelve months. There are currently 6 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Deere & Company stock.
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17 brokers have issued 1 year price objectives for Deere & Company's stock. Their DE stock forecasts range from $342.00 to $472.00. On average, they predict Deere & Company's stock price to reach $422.71 in the next twelve months. This suggests a possible upside of 40.9% from the stock's current price.
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Deere & Company's stock was trading at $342.89 at the start of the year. Since then, DE shares have decreased by 12.5% and is now trading at $299.98.
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Deere & Company is scheduled to release its next quarterly earnings announcement on Friday, August 19th 2022.
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Deere & Company (NYSE:DE) posted its quarterly earnings data on Friday, May, 20th. The industrial products company reported $6.81 earnings per share for the quarter, beating the consensus estimate of $6.71 by $0.10. The industrial products company earned $12.03 billion during the quarter, compared to the consensus estimate of $13.16 billion. Deere & Company had a trailing twelve-month return on equity of 33.58% and a net margin of 12.99%. The company's quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.68 earnings per share.
View Deere & Company's earnings history.

Deere & Company announced a quarterly dividend on Thursday, May 26th. Investors of record on Thursday, June 30th will be given a dividend of $1.13 per share on Monday, August 8th. This represents a $4.52 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Wednesday, June 29th. This is a positive change from Deere & Company's previous quarterly dividend of $1.05.
View Deere & Company's dividend history.

Deere & Company(NYSE:DE) pays an annual dividend of $4.52 per share and currently has a dividend yield of 1.55%. Deere & Company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Deere & Company is 23.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Deere & Company will have a dividend payout ratio of 16.97% next year. This indicates that Deere & Company will be able to sustain or increase its dividend.
View Deere & Company's dividend history.

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), PACCAR (PCAR), Cummins (CMI), Westinghouse Air Brake Technologies (WAB), Toro (TTC), AGCO (AGCO), Oshkosh (OSK), Meritor (MTOR), Federal Signal (FSS), Terex (TEX), Trinity Industries (TRN), Lindsay (LNN), Alamo Group (ALG), Greenbrier Companies (GBX) 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), Boeing (BA), Johnson & Johnson (JNJ), 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 number of retail and institutional investors. Top institutional investors include Park National Corp OH (0.02%), Neville Rodie & Shaw Inc. (0.01%), First Financial Bank Trust Division (0.00%), Parsec Financial Management Inc. (0.00%), Insight Wealth Strategies LLC (0.00%) and Capital Investment Advisors LLC (0.00%). Company insiders that own Deere & Company stock include Cory J Reed, James M Field, John C May II, John H Stone, Marc A Howze, Mary KW Jones, Pentz Markwart Von, Rajesh Kalathur, Ryan D Campbell, Samuel R Allen and Tami A Erwin.
View institutional ownership trends for Deere & Company.

DE stock was sold by a variety of institutional investors in the last quarter, including Neville Rodie & Shaw Inc., Insight Wealth Strategies LLC, First Financial Bank Trust Division, Parsec Financial Management Inc., Fulton Bank N.A., and Capital Investment Advisors LLC. Company insiders that have sold Deere & Company company stock in the last two years include Cory J Reed, John C May II, John H Stone, Marc A Howze, Mary KW Jones, Pentz Markwart Von, Rajesh Kalathur, and Ryan D Campbell.
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DE stock was bought by a variety of institutional investors in the last quarter, including Park National Corp OH, GoalVest Advisory LLC, and Wiley BROS. Aintree Capital LLC.
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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 $299.98.

Deere & Company (NYSE:DE) has a market capitalization of $91.69 billion and generates $44.02 billion in revenue each year. The industrial products company earns $5.96 billion in net income (profit) each year or $19.17 on an earnings per share basis.

Deere & Company employs 75,600 workers across the globe.

Deere & Company was founded in 1837.

Deere & Company's mailing address is ONE JOHN DEERE PLACE, MOLINE IL, 61265. The official website for Deere & 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.