DE - Deere & Co Stock Price Quote - NYSE (2024)

NYSE: DE

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Market Closed

| Currency in USD

  • Last Close 424.04
  • Sector Industrials
  • Industry Farm & Heavy Construction Machinery
  • Investment Style Large Blend
  • Day Range 423.34430.00
  • Year Range 328.62450.00
  • Market Cap 124.3252 Bil
  • Volume / Avg 961,226.0/1.7 Mil
  • Price / Sales 2.17
  • Price / Book 5.55
  • Forward Div Yield 1.23%
  • Trailing Div Yield 1.14%

Morningstar‘s Stock Analysis DE

Valuation

Currency in

Is it the right time to buy or sell?

Find out with Morningstar Investor

Is it the right time to buy or sell?

Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Strong Demand and Improving Supply Chains Bodes Well for Deere in 2023

Dawit Woldemariam Equity Analyst

Business Strategy and Outlook

|Dawit Woldemariam |

Deere offers customers an extensive portfolio of agriculture and construction products. We think it will continue to be the leader in the agriculture industry and one of the top players in construction. For over a century, the company has been the pre-eminent manufacturer of mission-critical agricultural equipment, which has led to its place as one of the world’s most valuable brands. Deere’s strong brand is underpinned by its high-quality, extremely durable, and efficient products. Customers in developed markets also value Deere’s ability to reduce the total cost of ownership.

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Key Statistics DE

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Company Profile DE

Business Description

Deere is the world’s leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.

Contact

One John Deere Place
Moline, IL, 61265

Sector Industrials

Industry Farm & Heavy Construction Machinery

Employees 82,200

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Related News DE

More
Roper Technologies Chief Executive Officer Neil Hunn Joins Deere Board of Directors

Provided by PR Newswire

Documentary from John Deere and Al Roker Entertainment Puts the Spotlight on Land Ownership Challenges Facing Black Farmers

Provided by PR Newswire

Deere Announces Senior Leadership Changes

Provided by PR Newswire

Provided by PR Newswire

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

Provided by PR Newswire

U.S. stocks fall on debt-ceiling and regional-bank worries, but Dow still books weekly gain

Provided by Dow Jones

Deere's stock powers up after big profit and sales beats, raised full-year outlook

Provided by Dow Jones

Deere Reports Second Quarter Net Income of $2.860 Billion

Provided by PR Newswire

Competitors & PeersDE

Morningstar analysts hand-select direct competitors or comparable companies toprovide context on the strength and durability of DE’scompetitive advantage.

XNYS: DE

AGCO Corp

XNYS: AGCO

Caterpillar Inc

XNYS: CAT

CNH Industrial NV

XNYS: CNHI

Price

424.04129.26276.4413.97

Currency

USDUSDUSDUSD

Change

+$0.10(0.02%)+$0.90(0.70%)−$5.01(1.78%)−$0.08(0.57%)

Market Cap

124.33 Bil9.68 Bil142.46 Bil18.61 Bil

Industry

Farm & Heavy Construction MachineryFarm & Heavy Construction MachineryFarm & Heavy Construction MachineryFarm & Heavy Construction Machinery

Sector

Industrials

Industrials

Industrials

Industrials

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Deere & Co Stock

Does DE pay dividends? If so, how much?

Yes. DE has a forward dividend yield of 1.18%.SeeDE’s full dividends and stock split historyon the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,to compare the relationship between a stock’s price and how it rewards stockholders through dividends.The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

How big is Deere & Co?

DE’s market cap is 124.33 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for thelargest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

What is Deere & Co’s stock style?

DE’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors.They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.More value-oriented stocks tend to represent financial services, utilities, and energy stocks.These are established companies that reliably pay dividends.

Learn more about style.

How expensive is DE?

DE’s price/sales is 2.17.
Price/sales represents the amount an investor is willing to pay for a dollar generated froma particular company’s sales or revenues.

DE’s price/forward earnings is 14.26.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.The lower the Forward P/E, the cheaper the stock.

DE’s price/book is 5.55.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,based on historical, rather than current, valuations. Historical valuations generally do not reflecta company’s current market value. Value investors frequently look for companies that have low price/book ratios.

SeeDE’s valuation ratioscompared to the Market Index.

How has DE performed historically compared to the market?

DE’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

CompareDE’s historical performanceagainst its industry peers and the overall market.

DE - Deere & Co Stock Price Quote - NYSE (2024)

FAQs

What is the future stock price for Deere? ›

Stock Price Targets
High$560.00
Median$455.50
Low$367.00
Average$453.36
Current Price$431.31

Is Deere and Company a buy or sell? ›

Deere & Co Stock Forecast FAQ

Out of 13 analysts, 7 (53.85%) are recommending DE as a Strong Buy, 2 (15.38%) are recommending DE as a Buy, 4 (30.77%) are recommending DE as a Hold, 0 (0%) are recommending DE as a Sell, and 0 (0%) are recommending DE as a Strong Sell.

Is Deere a buy now? ›

The highest analyst price target is $530.00 ,the lowest forecast is $367.00. The average price target represents 4.19% Increase from the current price of $436.93. Deere's analyst rating consensus is a Moderate Buy. This is based on the ratings of 17 Wall Streets Analysts.

Is Deere a good dividend stock? ›

Deere is a dividend paying company with a current yield of 1.16% that is well covered by earnings.

How high will Deere stock go? ›

Stock Price Forecast

The 22 analysts offering 12-month price forecasts for Deere & Co have a median target of 455.50, with a high estimate of 560.00 and a low estimate of 367.00. The median estimate represents a +5.54% increase from the last price of 431.58.

Is John Deere stock overpriced? ›

Deere & Company has a solid financial performance as a global leader in agricultural machinery manufacturing. The company's stock looks overvalued based on my analysis, despite its long-term stability. Risks to consider include interest rate fluctuations, regulatory changes, and global trade policies.

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