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NYSE:DE

Deere & Company (DE) Stock Price, News & Analysis

$360.03
-2.76 (-0.76%)
(As of 07/5/2024 ET)
Today's Range
$356.80
$363.16
50-Day Range
$360.03
$414.02
52-Week Range
$353.15
$450.00
Volume
1.27 million shs
Average Volume
1.53 million shs
Market Capitalization
$99.21 billion
P/E Ratio
10.84
Dividend Yield
1.63%
Price Target
$427.66

Deere & Company MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
18.8% Upside
$427.66 Price Target
Short Interest
Healthy
1.42% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.75
Upright™ Environmental Score
News Sentiment
0.89mentions of Deere & Company in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$5.05 M Sold Last Quarter
Proj. Earnings Growth
-3.17%
From $25.59 to $24.78 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.54 out of 5 stars

Industrial Products Sector

23rd out of 165 stocks

Farm Machinery & Equipment Industry

2nd out of 4 stocks

DE stock logo

About Deere & Company Stock (NYSE:DE)

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. 

DE Stock Price History

DE Stock News Headlines

Energy stock sector ticker on building
Any Pullback in Tech May Signal a Rotation into These 3 Sectors (DE)
Investors who believe in diversification are waiting for the market to broaden out; instead of watching the Fed, look at the sectors institutions are buying
Urgent alert: open this for a huge profit potential
This groundbreaking technology that Tim calls “Inception” isn’t being talked about anywhere… not on Fox, Yahoo, or CNBC.
Short Interest in Deere & Company (NYSE:DE) Drops By 5.2%
Deere & Company (NYSE:DE) PT Lowered to $439.00
Urgent alert: open this for a huge profit potential
This groundbreaking technology that Tim calls “Inception” isn’t being talked about anywhere… not on Fox, Yahoo, or CNBC.
Raymond James Begins Coverage on Deere & Company (NYSE:DE)
3 Robotics Stocks to Buy Now: June 2024
5 Stocks to Buy and Hold Forever
See More Headlines
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Company Calendar

Ex-Dividend for 5/8 Dividend
3/27/2024
Dividend Payable
5/08/2024
Last Earnings
5/16/2024
Ex-Dividend for 8/8 Dividend
6/28/2024
Today
7/06/2024
Dividend Payable
8/08/2024
Next Earnings (Estimated)
8/16/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Industry
Farm machinery & equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
24419910
Employees
83,000
Year Founded
1837

Price Target and Rating

Average Stock Price Target
$427.66
High Stock Price Target
$551.00
Low Stock Price Target
$375.00
Potential Upside/Downside
+18.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
20 Analysts

Profitability

Net Income
$10.17 billion
Pretax Margin
20.48%

Debt

Sales & Book Value

Annual Sales
$61.25 billion
Cash Flow
$41.91 per share
Book Value
$75.66 per share

Miscellaneous

Free Float
274,854,000
Market Cap
$99.21 billion
Optionable
Optionable
Beta
0.93

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DE Stock Analysis - Frequently Asked Questions

How have DE shares performed this year?

Deere & Company's stock was trading at $399.87 on January 1st, 2024. Since then, DE shares have decreased by 10.0% and is now trading at $360.03.
View the best growth stocks for 2024 here
.

How were Deere & Company's earnings last quarter?

Deere & Company (NYSE:DE) announced its quarterly earnings data on Thursday, May, 16th. The industrial products company reported $8.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.86 by $0.67. The business's revenue was down 15.4% on a year-over-year basis.
Read the conference call transcript
.

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.

Does Deere & Company have any subsidiaries?

Deere & Company subsidiaries include Kreisel Electric, AgriSync, Bear Flag Robotics, Harvest Profit, Unimil, OnLink, PLA, and others.

Who are Deere & Company's major shareholders?

Top institutional investors of Deere & Company include DNB Asset Management AS (0.04%), Cullen Investment Group LTD. (0.01%), Kozak & Associates Inc. (0.01%) and Neville Rodie & Shaw Inc.. Insiders that own company stock include John C May II, Pentz Markwart Von, Cory J Reed, John H Stone, Ryan D Campbell, Marc A Howze and Rajesh Kalathur.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Deere & Company own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Deere & Company investors own include Caterpillar (CAT), Intel (INTC), NVIDIA (NVDA), Boeing (BA), Johnson & Johnson (JNJ), Walt Disney (DIS) and JPMorgan Chase & Co. (JPM).

This page (NYSE:DE) was last updated on 7/6/2024 by MarketBeat.com Staff

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