Deere & Company (DE)

NYSE: DE · IEX Real-Time Price · USD
378.17
+3.13 (0.83%)
At close: Jun 24, 2024, 4:00 PM
378.92
+0.75 (0.20%)
After-hours: Jun 24, 2024, 7:05 PM EDT
0.83%
Market Cap 104.21B
Revenue (ttm) 58.63B
Net Income (ttm) 9.47B
Shares Out 275.57M
EPS (ttm) 33.24
PE Ratio 11.38
Forward PE 15.59
Dividend $5.88 (1.56%)
Ex-Dividend Date Jun 28, 2024
Volume 1,296,929
Open 376.76
Previous Close 375.04
Day's Range 376.01 - 382.93
52-Week Range 353.15 - 450.00
Beta 0.99
Analysts Buy
Price Target 430.27 (+13.78%)
Earnings Date Aug 16, 2024

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 medium tractors, combines, cotton pickers and strippers, sugarcane harvesters and loaders, harvesting front-end equipment, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including spray... [Read more]

Sector Industrials
Founded 1837
Employees 83,000
Stock Exchange NYSE
Ticker Symbol DE
Full Company Profile

Financial Performance

In 2023, DE's revenue was $61.25 billion, an increase of 16.50% compared to the previous year's $52.58 billion. Earnings were $10.17 billion, an increase of 42.56%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for DE stock is "Buy." The 12-month stock price forecast is $430.27, which is an increase of 13.78% from the latest price.

Price Target
$430.27
(13.78% upside)
Analyst Consensus: Buy
Stock Forecasts

News

5 Cheap Stocks Buying Back Shares at Reasonable Prices

Buybacks are in fashion. But at today's valuations, companies could be paying up for their own stock—and that's never a good idea, whether you're a CEO or a retail investor.

Other symbols: CAHCATJNJPYPL
4 days ago - Barrons

‘Greed': John Deere rolls out hundreds of US layoffs and sends work to Mexico

Agricultural equipment company plans to move production out of the country in move condemned by workers

17 days ago - The Guardian

Deere to cut salaried and production jobs in the next couple of months

Deere & Co. disclosed Wednesday that it is cutting jobs, with the layoffs expected to occur in the next couple of months.

19 days ago - Market Watch

Deere & Co. Cutting Production, Salaried Workforce

The farm and construction machinery maker said it plans to reduce its production and salaried workforce as part of efforts to meet its strategic priorities while reducing overlap and redundancy.

19 days ago - WSJ

John Deere Helps Increase Access to Higher Ed

$6.6M Commitment Creates John Deere Scholarship Program MOLINE, Ill. , June 3, 2024 /PRNewswire/ -- A groundbreaking partnership between the John Deere Foundation, the University of Iowa (UI), and the...

21 days ago - PRNewsWire

Deere & Company Announces Quarterly Dividend

MOLINE, Ill., May 29, 2024 /PRNewswire/ -- The Deere & Company (NYSE: DE) Board of Directors today declared a quarterly dividend of $1.47 per share payable August 8, 2024, to stockholders of record on...

26 days ago - PRNewsWire

Is Deere Stock Fully Valued At $400?

Deere (NYSE: DE) recently reported its Q2 fiscal 2024 results (fiscal ends in October), with revenues and earnings exceeding the street estimates. The company reported equipment revenue of $13.6 billi...

5 weeks ago - Forbes

Deere (DE) Struggles with Waning Demand for Agriculture Equipment

Deere (DE) slides despite beating earnings estimates. Jonathan Sakraida talks about how Deere is grappling with declining demand for agriculture equipment and machinery.

5 weeks ago - Schwab Network

Committee Stocks on the Move: Cisco, Deere, Target, Palo Alto and IBM

The Investment Committee discusses some of their stocks that are on the move.

Other symbols: CSCOIBMPANWTGT
5 weeks ago - CNBC Television

Deere Cuts Annual Profit Outlook as Farmer Demand Slows

Deere & Co. reduced its profit outlook for the year, saying net income for the fiscal year will be at least $500 million, or 6.7%, lower than the company's previous forecast. Christopher Ciolino of Bl...

5 weeks ago - Bloomberg Markets and Finance

Deere Cuts Outlook Again as Farm Equipment Demand Drops

Shares of Deere & Co. (DE) fell in intraday trading Thursday as the manufacturer of big farm and construction equipment cut its profit forecast for a second consecutive quarter on limited demand for i...

5 weeks ago - Investopedia

Deere reports a strong Q2 but trims guidance

Deere & Co (NYSE: DE) is trading down in premarket on Thursday even though it reported better-than-expected financial results for its second quarter.  Why is Deere stock down on Thursday?

5 weeks ago - Invezz

Deere's stock slides 5% on soft guidance for fiscal 2024

Deere & Co. Inc.'s stock DE, +0.30% tumbled 5.8% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offer...

5 weeks ago - Market Watch

Deere Reports Second Quarter Net Income of $2.370 Billion

Quarterly results underscore sound execution in the face of challenging market conditions. Global agricultural and turf demand further softens while the construction industry remains stable.

5 weeks ago - PRNewsWire

Falling Farm Income Will Weigh on Deere Earnings

For Deere's fiscal second quarter, Wall Street is looking for earnings per share of $7.86 from equipment sales of $13.2 billion,

5 weeks ago - Barrons

Record Year of Giving Back Leads to 3x Honor

John Deere Named to The Civic 50 — Again! MOLINE, Ill.

5 weeks ago - PRNewsWire

Inflation Data, Plus Walmart, Deere, Alibaba, and More Stocks to Watch This Week

The April consumer price index is expected to be up 3.4% from a year earlier. Plus, retail sales, the leading economic index, and producer price index data.

Other symbols: BABAWMT
6 weeks ago - Barrons

Deere to Announce Second Quarter 2024 Financial Results

MOLINE, Ill. , May 8, 2024 /PRNewswire/ -- Deere & Company (NYSE: DE) will hold its second quarter 2024 earnings call on Thursday, May 16, beginning at 9:00 a.m.

6 weeks ago - PRNewsWire

TVS Supply Chain Solutions North America Earns Recognition as a John Deere 'Partner-Level Supplier'

The Partner-level status is Deere & Company's highest supplier rating recognition CHENNAI, INDIA / ACCESSWIRE / April 23, 2024 / TVS Supply Chain Solutions Limited (NSE:TVSSCS)(BOM:543965), a global s...

2 months ago - Accesswire

Deere Peer CNH Announces CEO Departure. The Stock Is Falling.

Chief executive Scott Wine is leaving the maker of agricultural machinery after three years at the helm.

2 months ago - Barrons

John Deere is hiring a CTO — that's Chief Tractor Officer — to help launch its TikTok channel

John Deere is looking for a different kind of CTO — a Chief Tractor Officer. The winner of the competition will help launch the agriculture equipment company's new TikTok channel.

2 months ago - Business Insider

Final Trades: Steel Dynamics, Sabra Health Care, ASML Holding and Deere

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: ASMLSTLDSBRA
3 months ago - CNBC Television

Kellye Walker Joins Deere & Company as Senior Vice President, Chief Legal Officer and Worldwide Public Affairs

MOLINE, lll., March 25, 2024 /PRNewswire/ -- Deere & Company (NYSE: DE) announced today that former Eastman Chemical Company executive, Kellye Walker, will join its leadership team as senior vice pres...

3 months ago - PRNewsWire

The John Deere Foundation Commits Nearly $4 Million in Grants to the National FFA Organization (FFA)

The John Deere Foundation's unrestricted, multi-year giving supports the educational outreach and mission of FFA to lift up the next generation of leaders in agriculture. MOLINE, Ill.

3 months ago - PRNewsWire

Calls of the Day: IBM, UnitedHealth and Deere

The Investment Committee discuss 3 bullish calls on some big stocks.

Other symbols: IBMUNH
3 months ago - CNBC Television