Deere & Company (DE)

NYSE: DE · Real-Time Price · USD
459.75
-3.40 (-0.73%)
At close: Jan 22, 2025, 4:00 PM
465.00
+5.25 (1.14%)
After-hours: Jan 22, 2025, 4:50 PM EST
-0.73%
Market Cap 125.21B
Revenue (ttm) 51.53B
Net Income (ttm) 7.10B
Shares Out 272.35M
EPS (ttm) 25.62
PE Ratio 17.94
Forward PE 23.49
Dividend $6.48 (1.41%)
Ex-Dividend Date Dec 31, 2024
Volume 1,126,703
Open 462.84
Previous Close 463.15
Day's Range 458.57 - 464.32
52-Week Range 340.20 - 469.39
Beta 0.99
Analysts Buy
Price Target 443.67 (-3.5%)
Earnings Date Feb 13, 2025

About DE

Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides large and mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters and loaders, soil preparation, tillage, seeding, and crop care equipment, as well as application equipment, including sprayers and nutrient managemen... [Read more]

Sector Industrials
Founded 1837
Employees 75,800
Stock Exchange NYSE
Ticker Symbol DE
Full Company Profile

Financial Performance

In 2024, Deere & Company's revenue was $51.53 billion, a decrease of -15.83% compared to the previous year's $61.22 billion. Earnings were $7.10 billion, a decrease of -30.16%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for DE stock is "Buy." The 12-month stock price forecast is $443.67, which is a decrease of -3.50% from the latest price.

Price Target
$443.67
(-3.50% downside)
Analyst Consensus: Buy
Stock Forecasts

News

FTC Chair Khan on Deere Suit, Big Tech and M&A

US Federal Trade Commission Chair Lina Khan comments on the FTC and two states suing Deere & Co, alleging the company illegally monopolized agricultural equipment repairs. Speaking on "Balance of Powe...

7 days ago - Bloomberg Markets and Finance

FTC sues Deere, alleging equipment repair 'monopoly' raises costs for farmers

The Federal Trade Commission has sued agricultural equipment company Deere & Company, arguing it holds a monopoly on repair services. The FTC alleges that the company's tactics forced customers to rel...

7 days ago - CNBC

Empowering Farmers Through Innovation: John Deere Expands Self-Repair Solutions, Furthering Farmer Independence

MOLINE, Ill. , Jan. 14, 2025 /PRNewswire/ -- Today, John Deere (NYSE:DE) announced another significant step forward in supporting customers' ability to maintain and repair their machines across the ag...

8 days ago - PRNewsWire

Deere boosts bet on autonomous tractors with new machines

Deere & Co strengthened its bet on autonomous machinery by unveiling new tractors and industrial equipment, capable of operating without the need for a human being in the cab, at the CES trade show in...

16 days ago - Reuters

John Deere unveils more autonomous farm machines to address skill labor shortage

John Deere has revealed a new line of autonomous machines and tech across agriculture, construction and commercial landscaping.

16 days ago - VentureBeat

Deere: Conservative Market Expectations As It Sows The Seeds Of Recovery

Deere faces sales declines due to weak crop prices, but strong margin protection and operational excellence support a 'Buy' rating. Despite a challenging 2025 outlook, DE's structural improvements and...

4 weeks ago - Seeking Alpha

This ‘Made For 2025' Dividend Grower Is Ready To Rally

I'd like to share my simple “Made for 2025” Dividend Plan with you. It's a simple, safe strategy that identifies dividend stocks with payouts set to surge higher.

4 weeks ago - Forbes

Undercovered Dozen: Ubiquiti, Ready Capital, Cardiff Oncology, Vodafone +

The 'Undercovered' Dozen series highlights lesser-covered stocks, offering fresh investment ideas and sparking community discussions on their potential. Ubiquiti Inc. shows promise with operational im...

5 weeks ago - Seeking Alpha

Best Way To Invest $100,000: Build An 8-Stock Portfolio For Growth And Value

Concentrate on a select few high-conviction stocks across different sectors to avoid "diworsification" and maximize returns, inspired by Charlie Munger and Warren Buffett. Utilize Joel Greenblatt's "M...

5 weeks ago - Seeking Alpha

Dividend Income Summary: Lanny's November 2024 Summary

Investing in dividend stocks allows you to earn dividend income, the best passive income stream. The power of compounding and dividend reinvestment is a wonderful component to the portfolio. All of th...

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6 weeks ago - Seeking Alpha

The 2 Worst Mistakes Dividend Investors Keep Making

Mistakes are vital for learning, especially in investing. Early missteps can be invaluable lessons, shaping better strategies over time. Even small errors can compound into significant losses. Avoidin...

Other symbols: CSL
6 weeks ago - Seeking Alpha

Deere & Company Raises Quarterly Dividend

MOLINE, Ill., Dec. 3, 2024 /PRNewswire/ -- The Deere & Company (NYSE: DE) Board of Directors today declared a quarterly dividend of $1.62 per share payable February 10, 2025, to stockholders of record...

7 weeks ago - PRNewsWire

The U.S. Election's Impact On REITs

Donald Trump's proposed policies could impact inflation and interest rates. They could also impact individual property sectors. We explain the impact on residential, industrial, cell tower, healthcare...

Other symbols: AMTCCIIIPROVNQVTMXWPC
7 weeks ago - Seeking Alpha

$16.7 Billion Low Speed Vehicle (LSV) Global Market Trends, Opportunities and Strategies to 2033 with Competitive Analysis of Deere & Co, Polaris, Yamaha, Toro, and EZ-GO

This report describes and explains the low speed vehicle (LSV) market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market...

7 weeks ago - GlobeNewsWire

Is The Market Waking Up To Deere?

Deere & Company reported good results last week, to which the market reacted positively. The stock is currently hovering around all-time highs. The company is still going through a downcycle, but ther...

2 months ago - Seeking Alpha

Deere Posts Q4 Beat: 2025 Outlook Isn't Rosy But Company Has 'Relative Strength,' Analysts Say

Deere & Co. DE shares inched higher in early trading on Friday, after the company reported upbeat fiscal fourth-quarter results.

2 months ago - Benzinga

Is Deere Stock Overvalued At $440?

The stock price of Deere (NYSE: DE) surged 8% on November 21, after the company reported upbeat fiscal Q4 results (fiscal ends in October). It reported equipment revenue of $9.3 billion and earnings o...

2 months ago - Forbes

Deere Goes Boom: The Next Cycle Has Arrived

Deere & Company is a compelling dividend growth stock with strong buybacks, yielding 1.5% and a five-year CAGR of 14.1%. Despite cyclical challenges, Deere's proactive inventory management, pricing po...

2 months ago - Seeking Alpha

3-Stock Lunch: Google, Deere and Starbucks

Quint Tatro, Joule Financial founder, joins 'Power Lunch' to discuss stock plays for three stocks.

Other symbols: GOOGGOOGLSBUX
2 months ago - CNBC Television

Deere & Company (DE) Q4 2024 Earnings Call Transcript

Deere & Company (NYSE:DE) Q4 2024 Earnings Conference Call November 21, 2024 10:00 AM ET Company Participants Josh Beal - Director, IR Josh Rohleder - Manager, Investor Communications John May - Chai...

2 months ago - Seeking Alpha

Deere: Sell It On Q4 Earnings Bounce, Buy It Back Later

Deere is the undisputed market leader among tractor and farming equipment manufacturers. This year, the whole industry faced many challenges and was expected to report weak earnings. However, after a ...

2 months ago - Seeking Alpha

Crude Oil Gains 1%; Deere Posts Better-Than-Expected Earnings

U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining by more than 400 points on Thursday.

2 months ago - Benzinga

Deere Results Top Estimates Despite 'Ongoing Headwinds'

Deere & Company (DE) reported fiscal 2024 fourth-quarter results that topped estimates, even as the maker of farm equipment warned of "ongoing headwinds."

2 months ago - Investopedia

GOOGL Forced to Sell Chrome, BA "Can't Afford Another Mistake," DE Up

The Department of Justice has filed for Alphabet (GOOGL) to sell its Chrome browser in efforts to chip away its search engine monopoly. Boeing's (BA) CEO told employees that the company "can't afford ...

Other symbols: GOOGGOOGLBA
2 months ago - Schwab Network

Deere's earnings tumble but still blow past estimates as company offers soft guidance on weak demand

Deere & Co.'s stock rose 0.6% early Thursday, after the maker of agricultural and construction equipment blew past earnings for its fiscal fourth quarter, overshadowing soft guidance for fiscal 2025.

2 months ago - Market Watch