Deere & Company (DE)

NYSE: DE · IEX Real-Time Price · USD
-5.33 (-1.44%)
Jun 5, 2023, 12:57 PM EDT - Market open
Market Cap 107.20B
Revenue (ttm) 59.68B
Net Income (ttm) 8.95B
Shares Out 296.32M
EPS (ttm) 29.76
PE Ratio 12.47
Forward PE 15.87
Dividend $5.00 (1.37%)
Ex-Dividend Date Jun 29, 2023
Volume 619,235
Open 371.20
Previous Close 371.07
Day's Range 363.28 - 371.41
52-Week Range 283.81 - 448.40
Beta 1.04
Analysts Buy
Price Target 448.84 (+22.72%)
Earnings Date May 19, 2023

About DE

Deere & Company manufactures and distributes 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 mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters, harvesting front-end equipment, sugarcane loaders, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient ma... [Read more]

Sector Industrials
Founded 1837
Employees 82,200
Stock Exchange NYSE
Ticker Symbol DE
Full Company Profile

Financial Performance

In 2022, DE's revenue was $52.58 billion, an increase of 19.43% compared to the previous year's $44.02 billion. Earnings were $7.13 billion, an increase of 19.59%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for DE stock is "Buy." The 12-month stock price forecast is $448.84, which is an increase of 22.72% from the latest price.

Price Target
(22.72% upside)
Analyst Consensus: Buy
Stock Forecasts


Final Trades: CVS, Deere, Quanta Services & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: CVSPWR
2 days ago - CNBC Television

Deere Announces Senior Leadership Changes

Jahmy Hindman has been elected senior vice president in addition to his current role as chief technology officer Mark von Pentz, president, Worldwide Ag & Turf, Small Ag & Turf, Regions 1 & 2, will be...

3 days ago - PRNewsWire

Deere & Company Announces Quarterly Dividend

MOLINE, Ill. , May 31, 2023 /PRNewswire/ -- The Deere & Company (NYSE: DE) Board of Directors today declared a quarterly dividend of $1.25 per share payable August 8, 2023 to stockholders of record on...

5 days ago - PRNewsWire

John Deere Recognized as One of the 50 Most Community-Minded Companies in the United States in 2023

MOLINE, Ill. , May 24, 2023 /PRNewswire/ -- For the second year in a row, John Deere (NYSE: DE) has been named an honoree of The Civic 50, which recognizes the 50 most community-minded companies in th...

1 week ago - PRNewsWire

Deere fundamentals remain extraordinarily intact despite YTD drop, says Cerity's Jim Lebenthal

CNBC's Seema Mody and Cerity Partner' Jim Lebenthal join 'Halftime Report' to discuss Deere's Q2 earnings beat, Deere's long term margins expectations, and why Deere is trending downwards despite a po...

2 weeks ago - CNBC Television

Deere & Company stock surges on Q2 earnings beat

Yahoo Finance's team discusses the rise of John Deere shares after the company topped Q2 profit estimates on strong sales numbers, raising the outlook for the company.

2 weeks ago - Yahoo Finance

Cramer's Mad Dash on Deere: Money is finally coming

CNBC's Jim Cramer delivers his daily Mad Dash.

2 weeks ago - CNBC Television

Deere Q2 earnings: ‘ag space will be a growth story for a long time'

Shares of Deere & Company (NYSE: DE) are trading up this morning after the equipment maker reported its financial results for the second quarter that handily topped Street estimates.

2 weeks ago - Invezz

Deere & Company Rallies On Farm Equipment Boom, Bullish Outlook

Shares of Deere & Company NYSE: DE are trading higher in the pre-market session of Friday morning; the stock is set to open higher by as much as 6.6% as investors pile into the store. The renewed bull...

2 weeks ago - MarketBeat

Deere Lifts Profit Outlook as Supply Chain Improves

The strong farm economy bolstered demand for company's machinery.

2 weeks ago - WSJ

Deere Reports Second Quarter Net Income of $2.860 Billion

Sound execution contributes to net sales gain of 34% and higher earnings. Results benefit from healthy demand for farm and construction equipment and improved operating environment.

2 weeks ago - PRNewsWire

Deere's stock powers up after profit and sales beat expectations by wide margins, with growth in all business segments

Shares of Deere & Co. DE, +0.67% powered up 3.9% in premarket trading Friday, after the maker of agricultural, construction and forestry equipment reported fiscal second-quarter results that beat expe...

2 weeks ago - Market Watch

Deere Stock Has More Fans on Wall Street Than Main Street. Earnings Are Coming.

Heavy-equipment maker Deere's set to report its fiscal second quarter. Analysts overwhelmingly have Buy ratings on the shares, which have been underperforming as of late.

2 weeks ago - Barrons

Tractor maker Deere's future in precision agriculture hinges on space-based connectivity

The company, like competitors CNH Industrial and AGCO, has been investing in precision agriculture using sensors, software and data analytics.

2 weeks ago - CNBC

Three stocks making moves post-earnings: AMAT, DE, and FL

Boris Schlossberg, managing director of FX strategy at BK Asset Management, joins 'The Exchange' to discuss stocks making moves after earnings, with a focus on Applied Materials, Deere, and Foot Locke...

Other symbols: AMATFL
2 weeks ago - CNBC Television

Will Deere Stock Trade Higher Post Q2 Results?

Deere & Company (NYSE: DE) is scheduled to report its fiscal second-quarter results on Friday, May 19.

2 weeks ago - Forbes

Impact Podcast with John Shegerian Features John Deere's Laura Eberlin

LOS ANGELES--(BUSINESS WIRE)-- #accessiblefood--Laura Eberlin, Global Corporate Social Responsibility Lead – Community Engagement & Enrichment at John Deere, is a featured guest this week on the Impac...

2 weeks ago - Business Wire

Deere to Announce Second Quarter 2023 Financial Results

MOLINE, Ill. , May 10, 2023 /PRNewswire/ -- Deere & Company (NYSE: DE) will hold its second quarter 2023 earnings call on Friday, 19 May, beginning at 9:00 a.m.

3 weeks ago - PRNewsWire

Deere Seeks Satellite Network to Connect Far-Flung Farms

Farmers require Wi-Fi to use Deere's data services and automated equipment as the tractor maker targets billions in revenue from software.

1 month ago - WSJ

Caterpillar or Deere: Which Is the Better Investment?

It could be argued that investors who own both Deere & Co. ( DE , Financial) and Caterpillar Inc. ( CAT , Financial) have a virtual monopoly on the farm and heavy construction equipment market. While ...

Other symbols: CAT
1 month ago - GuruFocus

12 Best Agriculture Stocks to Buy Now

As vegetables are part of a balanced diet, agriculture stocks can be part of a balanced portfolio. Whether you have an appetite for vegetables or even like them, it's safe to say all investors have an...

1 month ago - MarketBeat

Should You Buy Deere Stock Over Its Industry Peer?

Both the stocks have similar market capitalization and revenue base, and both are trading at a similar valuation of around 2x trailing revenues.

1 month ago - Forbes

How Tesla Could Disrupt Deere. It Isn't By Selling Tractors.

The rise of electric vehicles poses a new, longer-term risk for the agricultural equipment maker, an analyst says.

Other symbols: TSLA
1 month ago - Barrons

John Deere CTO: Concerns of a recession not stopping the company from spending more on technology

CNBC's Seema Mody joins 'The Exchange' to discuss Deere's growing investment in autonomous vehicles and more.

2 months ago - CNBC Television

Deere Is Sowing the Seeds of Success. Why the Stock Can Ride an Economic Crash.

Daiwa analyst Jairam Nathan launched coverage of the company's shares with a Buy rating and $440 price target.

2 months ago - Barrons