Deere & Company (DE) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2441991054

Deere & Company (NYSE: DE) is a global leader in the manufacturing and distribution of a wide range of equipment. The company operates through four key segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services.

The Production and Precision Agriculture segment focuses on providing tractors, combines, harvesters, loaders, tillage and seeding equipment, as well as application machinery for farmers. This segment also offers equipment for soil preparation and nutrient management, catering to the needs of grain growers.

The Small Agriculture and Turf segment offers utility tractors, lawn equipment, commercial mowing products, golf course machinery, and utility vehicles. Additionally, it provides various attachments for mowing, snow handling, and turf care applications. This segment serves a wide range of customers including dairy and livestock producers, crop growers, and turf care professionals.

The Construction and Forestry segment offers a diverse portfolio of construction equipment such as loaders, excavators, compactors, and roadbuilding machinery. It also provides a range of forestry equipment including log skidders, harvesters, and attachments. This segment caters to the needs of construction companies, landscapers, and forestry operations.

The Financial Services segment specializes in providing financing options for agriculture, turf, construction, and forestry equipment. It also offers wholesale financing to equipment dealers and extended warranties to customers. Deere & Company was established in 1837 and has its headquarters in Moline, Illinois. For more information, visit their website at https://www.deere.com.

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Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Deere & Company (DE) - Stock Price & Dividends

DE Stock Overview

Market Cap in USD 100,987m
Sector Industrials
Industry Farm & Heavy Construction Machinery
GiC SubIndustry Agricultural & Farm Machinery
TER 0.00%
IPO / Inception 1972-06-01

DE Stock Ratings

Fundamental 5.88
Dividend 8.10
Growth 5y 7.18
Rel. Performance vs Sector -3.33
Analysts 3.89
Fair Price Total Ret. 363.32
Fair Price DCF 604.87

DE Dividends

Yield 12m 1.48%
Yield on Cost 5y 3.50%
Dividends CAGR 5y 11.84%
Payout Consistency 96.3%

DE Growth Ratios

Growth 12m -12.81%
Growth Correlation 12m -14%
Growth Correlation 3m 0%
CAGR 5y 18.84%
CAGR / Mean Drawdown 2.10
Sharpe Ratio 12m -0.71
Alpha vs SP500 12m -45.14
Beta vs SP500 5y weekly 1.10
CAPM 8.28%
Average Daily Range 2m 1.62%
Regime Oscillator 19.62
Volatility GJR Garch 1y 37.13%
Price / SMA 50 -6.46%
Price / SMA 200 -7.09%
Current Volume 1559.8k
Average Volume 20d 1860.6k

External Links for DE Stock

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What is the price of DE stocks?
As of February 28, 2024, the stock is trading at USD 360.66 with a total of 1,559,821 shares traded.
Over the past week, the price has changed by +0.92%, over one month by -8.37%, over three months by -0.06% and over the past year by -13.31%.
Why is DE stock down?
Check with which Index or Commodity DE has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return DE Return S&P 500
1 Month -8.37% 4.00%
3 Months -0.06% 11.99%
12 Months -13.31% 29.39%
What is the forecast for DE stock price target?
According to ValueRays Forecast Model, DE Deere & Company will be worth about 396.9 in February 2025. The stock is currently trading at 360.66. This means that the stock has a potential upside of +10.05%.
Issuer Forecast Upside
Wallstreet Target Price 424.5 17.7%
Analysts Target Price 419.1 16.2%
ValueRay Target Price 396.9 10.0%

Deere & Company: From Humble Beginnings to Global Leader

History

Deere & Company, commonly known as John Deere, was founded in 1837 by a blacksmith named John Deere, in Grand Detour, Illinois. It embarked on its journey when John Deere designed a polished steel plow that could cut through the sticky prairie soil of the Midwest, unlike the traditional cast-iron plows. This innovation marked the beginning of an agricultural revolution.

Core Business

At its core, Deere & Company specializes in manufacturing agricultural machinery. Over the years, it has expanded its product line to include equipment for construction, forestry, and turf care. Its agricultural products range from tractors to harvesters and balers, designed with cutting-edge technology to improve farming efficiency and productivity. John Deere has consistently emphasized innovation, investing heavily in research and development to introduce smart farming solutions, such as precision agriculture technologies.

Side Businesses

Besides its primary focus on machinery, Deere & Company has diversified its operations into other areas. This includes the provision of financial services through John Deere Financial, offering financing to purchasers of Deere equipment. It also encompasses parts and services to support its main product lines, ensuring customers receive comprehensive support throughout their equipment's lifecycle.

Current Market Status

As of 2023, Deere & Company continues to be a leader in the agricultural and construction equipment sector, with a strong global presence. It trades on the New York Stock Exchange under the symbol DE, showcasing a consistent performance in the stock market. Despite the challenges posed by global economic fluctuations, John Deere has demonstrated resilience, driven by its commitment to innovation and sustainability. The company's efforts in developing more efficient and environmentally friendly machinery align with the growing demand for sustainable agricultural practices, reinforcing its standing in the market.