Deere & Company (DE) - Stock Price & Dividends

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

Tractors, Harvesters, Loaders, Agricultural Equipment, Construction Machinery

Deere & Company is a leading global manufacturer and distributor of a wide range of equipment, serving various industries worldwide. The company operates through four main segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services.

The Production and Precision Agriculture segment is dedicated to providing innovative solutions for grain growers, offering a comprehensive range of products, including large and medium tractors, combines, cotton pickers, and sugarcane harvesters. Additionally, this segment provides application equipment, such as sprayers and nutrient management systems, as well as soil preparation machinery. This enables farmers to optimize their crop yields and reduce waste, making farming more efficient and sustainable.

The Small Agriculture and Turf segment caters to dairy and livestock producers, crop producers, and turf and utility customers. This segment offers a diverse range of products, including utility tractors, turf and utility equipment, and outdoor power products. It also resells products from other manufacturers, providing customers with a one-stop-shop experience. From riding lawn equipment to golf course equipment, this segment has got it all, making it a go-to destination for those seeking high-quality turf and utility solutions.

The Construction and Forestry segment is a powerhouse in the industry, offering a vast array of equipment for construction, forestry, and landscaping applications. From backhoe loaders and crawler dozers to excavators and motor graders, this segment provides the necessary tools for building and maintaining infrastructure, as well as harvesting and processing timber. With a focus on durability and performance, these products enable customers to tackle even the toughest projects with confidence.

The Financial Services segment plays a vital role in supporting Deere & Company's customers, providing financing solutions for agriculture and turf, as well as construction and forestry equipment. This segment also offers wholesale financing to dealers and extended equipment warranties, giving customers peace of mind and protection for their investments. Furthermore, it finances retail revolving charge accounts, making it easier for customers to purchase the equipment they need.

Founded in 1837, Deere & Company has a rich history and a strong commitment to innovation and customer satisfaction. Headquartered in Moline, Illinois, the company continues to drive progress in the industries it serves, empowering customers to achieve their goals and build a better future.

For more information, please visit Deere & Company's website at https://www.deere.com.

Drawdown (Underwater) Chart

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

Overall Trend and Yearly Seasonality

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

DE Stock Overview

Market Cap in USD 105,477m
Sector Industrials
Industry Farm & Heavy Construction Machinery
GiC SubIndustry Agricultural & Farm Machinery
TER 0.00%
IPO / Inception 1972-06-01

DE Stock Ratings

Growth 5y 63.2
Fundamental 54.0
Dividend 8.11
Rel. Performance vs Sector -2.52
Analysts 3.92/5
Fair Price Momentum 361.73 USD
Fair Price DCF 491.04 USD

DE Dividends

Yield 12m 1.48%
Yield on Cost 5y 3.56%
Dividends CAGR 5y 11.84%
Payout Consistency 96.3%

DE Growth Ratios

Growth 12m -5.97%
Growth Correlation 12m -18%
Growth Correlation 3m -48%
CAGR 5y 19.21%
CAGR/Mean DD 5y 2.07
Sharpe Ratio 12m -0.50
Alpha vs SP500 12m -35.73
Beta vs SP500 5y weekly 1.10
ValueRay RSI 48.05
Volatility GJR Garch 1y 21.26%
Price / SMA 50 -3.48%
Price / SMA 200 -2.14%
Current Volume 2450.7k
Average Volume 20d 1439.3k

External Links for DE Stock

News
Wall Street JournalBenzingaYahoo Finance
Tweets
XStocktwits
Fund Manager Positions
DataromaStockcircle
What is the price of DE stocks?
As of June 22, 2024, the stock is trading at USD 375.04 with a total of 2,450,664 shares traded.
Over the past week, the price has changed by -0.78%, over one month by -3.03%, over three months by -5.33% and over the past year by -8.71%.
What are the forecast for DE stock price target?
According to ValueRays Forecast Model, DE Deere & Company will be worth about 394.5 in June 2025. The stock is currently trading at 375.04. This means that the stock has a potential upside of +5.18%.
Issuer Forecast Upside
Wallstreet Target Price 428.1 14.1
Analysts Target Price 419.1 11.7
ValueRay Target Price 394.5 5.18

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.