Deere/DE

0.65%
-
1D1W1MYTD1YMAX

About Deere

Deere & Company is engaged in the delivery of agricultural, construction and forestry equipment. The Company defines, develops and delivers global equipment and technology solutions. Its segments include production and precision agriculture (PPA), small agriculture and turf (SAT), construction and forestry (CF), and financial services (FS). PPA segment provides solutions for production-scale growers of large grains, small grains, cotton and sugarcane. SAT segment provides solutions for dairy and livestock producers, high-value crop producers, and turf and utility customers. CF segment provides a range of machines and technology solutions organized along the earthmoving, forestry and roadbuilding production systems. FS segment finances sales and leases by John Deere dealers of new and used production and precision agriculture equipment, SAT equipment, and construction and forestry equipment. Its technology-enabled products include John Deere Autonomous 8R Tractor and E-Power Backhoe.

Ticker

DE

Sector

Industrials

Trading on

NYSE

Industry

Constr. & Agric. Machinery

CEO

John May

Employees

83,000

Headquarters

Moline, United States

Deere Metrics

BasicAdvanced
US$111B
Market cap
11.95
P/E ratio
US$33.22
EPS
0.99
Beta
US$5.32
Dividend rate
1.48%
Dividend yield
US$111B
0.99434
US$450.00
US$345.55
1.5M
US$5.32
180.577
289.354
12.23%
32.62
4.95%
9.26%
42.01%
14.77%
11.953
1.885
4.928
6.249
32.399
1.23%
1.34%
1.48%
-1.75%
11.49%
19.87%
58.54%
16.69%

What the Analysts think about Deere

Analyst Ratings

Majority rating from 26 analysts.
Buy

Price Targets

Average projection from 21 analysts.
6.68% upside
High US$495.00
Low US$363.00
US$397.02
Current price
US$423.55
Average price target

Deere Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
15.55% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
US$15B
25.03%
Net income
US$2.4B
35.35%
Profit margin
15.55%
8.21%

Deere Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 8.48%
QuarterlyAnnual
Q3 23
Q4 23
Q1 24
Q2 24
Q3 24
Actual
US$10.20
US$8.32
US$6.23
US$8.53
-
Expected
US$8.20
US$7.47
US$5.21
US$7.86
US$6.78
Surprise
24.34%
11.39%
19.58%
8.48%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Deere stock?

Deere (DE) has a market cap of $111B as of May 20, 2024.

What is the P/E ratio for Deere stock?

The price to earnings (P/E) ratio for Deere (DE) stock is 11.95 as of May 20, 2024.

Does Deere stock pay dividends?

Yes, the Deere (DE) stock pays dividends to shareholders. As of May 20, 2024, the dividend rate is $5.32 and the yield is 1.48%. Deere has a payout ratio of 12.23% on a trailing twelve-month basis.

When is the next Deere dividend payment date?

The next Deere (DE) dividend payment date is unconfirmed.

What is the beta indicator for Deere?

Deere (DE) has a beta rating of 0.99. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Deere stock price target?

The target price for Deere (DE) stock is $423.55, which is 6.68% above the current price of $397.02. This is an average based on projections from 21 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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