Deere & Company (DE)
| 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]
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 StatementsAnalyst 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.
News
Final Trades: CVS, Deere, Quanta Services & more
The "Halftime Report" traders give their top picks to watch for the second half.
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...
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...
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...
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...
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.
Cramer's Mad Dash on Deere: Money is finally coming
CNBC's Jim Cramer delivers his daily Mad Dash.
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.
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...
Deere Lifts Profit Outlook as Supply Chain Improves
The strong farm economy bolstered demand for company's machinery.
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.
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...
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.
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.
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...
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.
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...
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.
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.
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 ...
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...
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.
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.
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.
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.