Deere & Company (DE)
| Market Cap | 112.07B |
| Revenue (ttm) | 61.25B |
| Net Income (ttm) | 10.17B |
| Shares Out | 280.26M |
| EPS (ttm) | 34.63 |
| PE Ratio | 11.55 |
| Forward PE | 13.52 |
| Dividend | $5.88 (1.47%) |
| Ex-Dividend Date | Dec 28, 2023 |
| Volume | 1,103,981 |
| Open | 399.48 |
| Previous Close | 399.26 |
| Day's Range | 397.76 - 400.75 |
| 52-Week Range | 345.55 - 450.00 |
| Beta | 1.03 |
| Analysts | Buy |
| Price Target | 449.11 (+12.31%) |
| Earnings Date | Feb 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]
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 StatementsAnalyst Forecast
According to 18 analysts, the average rating for DE stock is "Buy." The 12-month stock price forecast is $449.11, which is an increase of 12.31% from the latest price.
News
Ex-Dividend Reminder: Illinois Tool Works, Canadian Pacific And Deere
On 12/28/23, Illinois Tool Works, Canadian Pacific Kansas City, and Deere will all trade ex-dividend for their respective upcoming dividends. Illinois Tool Works, will pay its quarterly dividend of $1...
Trade Tracker: Steve Weiss buys Deere
Steve Weiss, managing partner at Short Hills Capital, joins CNBC's Halftime Report' to share his latest moves.
Daily Dividend Report: Paccar, AWK, Quanta Services, Mastercard, Deere
Daily Dividend Report: Paccar, AWK, Quanta Services, Mastercard, Deere
Calls Of The Day: Autozone, Deere and Regeneron named top picks
Autozone, Deere, Regeneron and Apollo Global getting some bullish calls today. The Investment Committee debates what it means for the stocks and how to trade them.
Deere & Company Raises Quarterly Dividend
MOLINE, Ill. , Dec. 6, 2023 /PRNewswire/ -- The Deere & Company (NYSE: DE) Board of Directors today declared a quarterly dividend of $1.47 per share payable February 8, 2024, to stockholders of record...
John Deere Delivers Enhanced Customer Solution for Self-Repair
MOLINE, Ill. , Dec. 4, 2023 /PRNewswire/ -- John Deere (NYSE: DE) announced today an enhanced self-repair solution, available initially in the U.S. through its Equipment Mobile app, enabling customers...
John Deere Foundation celebrates 75th anniversary
After more than $400 million in giving since 1948, the Foundation's best years are ahead MOLINE, Ill. , Nov. 28, 2023 /PRNewswire/ -- Today, the John Deere Foundation is celebrating 75 years of suppor...
Down 4% This Week What's Next For Deere Stock After Downbeat 2024 Guidance?
The company reported revenue of $15.4 billion and adjusted earnings of $8.26 per share compared to the consensus estimates of $13.7 billion in sales and $7.
Choose these agricultural stocks to finish the year strong
The year is nearly over, and there are few opportunities out there. With a VIX falling below 15% on the heels of the holiday season, it looks like Wall Street is getting ready to hibernate until there...
Deere stock dips on missed outlook, equipment sales decline
Shares of Deere & Company (DE) tumble ahead of Wednesday's opening bell after the heavy machinery manufacturer's guidance has not lived up to previous estimates. While experiencing a pullback in farm ...
Deere Shares Tumble After the Farm Equipment Maker's 2024 Guidance Misses Estimates
Shares of Deere & Co.(DE) sank over 3% in early trading Wednesday after the farm equipment maker's guidance fell short of estimates as high inflation and interest rates cut into demand.
Deere Profit Outlook Disappoints as Equipment Demand Slows
Deere & Co. forecast smaller-than-expected profit next year after reporting fourth-quarter earnings that beat analyst estimates, with slowing equipment demand from farmers starting to weigh on the wor...
Deere just disappointed on guidance: here's what the experts are saying
Deere & Company (NYSE: DE) is down nearly 7.0% in premarket trading even though it reported market-beating results for its fiscal fourth quarter. Why is Deere stock down today?
Caterpillar's stock leads the Dow's premarket losers after Deere's disappointing outlook
Shares of Caterpillar Inc. CAT fell 2.7% to pace the Dow Jones Industrial Average's DJIA premarket decliners Wednesday, following fellow construction equipment maker Deere & Co.'s DE disappointing ful...
Deere Reports Net Income of $2.369 Billion for Fourth Quarter, $10.166 Billion for Fiscal Year
Net income grows for quarter and full year, driven by solid market conditions, differentiated products, and strong execution. Full-year 2024 earnings forecast to be $7.75 to $8.25 billion, as volumes ...
Deere's stock sinks after earnings beat forecasts but outlook is well below
Shares of Deere & Co. DE dropped 6% in premarket Wednesday, after the maker of agricultural, construction and forestry equipment reported fiscal fourth-quarter earnings that beat expectations but prov...
Earnings Exchange: Nordstrom, Nvidia & Deere
Jeff Kilburg, KKM Financial founder and CEO, joins 'The Exchange' to discuss Nordstrom, Nvidia, and Deere.
Deere is not going to miss on earnings, says Hightower's Stephanie Link
Josh Brown, Stephanie Link, Amy Raskin, and Jim Lebenthal join 'Halftime Report' to discuss Nvidia's upcoming earnings results, the tech trade more generally, and more.
Should You Pick Deere Stock At $380 Ahead Of Its Q4 Results?
The U.S. farm income is also expected to decline 25% y-o-y in 2023 after seeing a sharp 31% rise in 2022.
Deere to Announce Fourth Quarter 2023 Financial Results
MOLINE, Ill., Nov. 15, 2023 /PRNewswire/ -- Deere & Company (NYSE: DE) will hold its fourth quarter 2023 earnings call on Wednesday, 22 November, beginning at 9:00 a.m.
Final Trades: Uber, Deere & more
The "Halftime Report" traders give their top picks to watch for the second half.
The clean energy transition is a likely headwind for ethanol demand, says Bernstein's Chad Dillard
Chad Dillard, Bernstein senior analyst, joins 'The Exchange' to discuss the impact of the clean energy transition on agriculture, the outlook for electric vehicles, and more.
Are Capital Equipment Stocks Like Deere Worth Buying Despite Rising Interest Rates?
Within our theme, Lam Research has been the strongest performer with its stock up by about 42% year-to-date.
Deanna Kovar Named President, Worldwide Agriculture & Turf Division: Small Ag and Turf, Regions 1 and 2
MOLINE, Ill. , Nov. 1, 2023 /PRNewswire/ -- Deere & Company (NYSE:DE) announced today that it has named Deanna Kovar as its new President of Worldwide Agriculture and Turf, Small Ag and Turf, and Regi...
John Deere Foundation announces $19 million in grants aimed at eliminating global hunger
Direct grants will be awarded to World Food Program USA, One Acre Fund, and The Nature Conservancy MOLINE, Ill. , Oct. 26, 2023 /PRNewswire/ -- Today, the John Deere Foundation announced a series of ...