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Sunday, April 2, 2023

Today, Deere & Company (NYSE: DE) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Deere & Company (DE) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.71, or 0.17%, to $430.99. The Deere & Company has recorded 35,030 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Deere & Company Raises Dividend.

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Stocks Info

The company is listed on the NYSE and operates within the Farm & Heavy Construction Machinery industry segment. At the end of the last regular session, the stock closed at $430.28 and fluctuated between $431.67 as its day high and $422.01 as its day low. The current market capitalization of Deere & Company is $124.85B. A total of 1.1 million shares were traded on the day, compared to an average of 1.43M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, DE has seen 17 BUY and 10 SELL insider trades, representing the acquisition of 113,573 and the disposition of 56,713 shares. Over the last 12 months, there were 37 BUYs and 76 SELLs from insiders. Insiders purchased 234,551 shares during that period but sold 167,468.

In the most recent transaction, CAMPBELL RYAN D sold 11,429 shares of DE for 439.69 per share on Dec 01. After the transaction, the Pres, WWC&F and Pwr Systems now owns 13,147 company shares. In a previous transaction on Nov 29, Howze Marc A sold 10,910 shares at 442.79 per share. DE shares that Sr Advisor, Office of Chairman owns now total 17,321.

Among the insiders who sold shares, Reed Cory J disposed of 984 shares on Nov 08 at a per-share price of $405.11. This resulted in the Pres Ag & Turf, Prod & Prec Ag holding 30,946 shares of DE after the transaction. In another insider transaction, Reed Cory J sold 285 shares at $400.76 per share on Nov 04. Company shares held by the Pres Ag & Turf, Prod & Prec Ag now total 30,946.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Deere & Company pays an annual dividend of $5.00, resulting in a dividend yield of 1.16%, and it has a price to earnings (P/E) ratio of 15.96. DE’s most recent ex-dividend date was 3/30/2023 when it declared a $1.25 quarterly dividend that was paid in cash on 5/8/2023. Previously, the company paid the dividend on 2/8/2023 with an ex-dividend date of 12/29/2022. The DE stock dividend was $1.20 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for DE in the last 3 months, the mean price target is $480.91 with high estimates of $591.00 and low estimates of $398.00. In terms of 52-week highs and lows, DE has a high of $448.40 and a low of $283.81.

As of this writing, DE has an earnings estimate of $5.53 per share for the current quarter. EPS was calculated based on a consensus of 21 estimates, with a high estimate of $6.14 per share and a lower estimate of $4.72. The company reported an EPS of $6.16 in the last quarter, which was -7.90% lower than expectations of $6.69.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 26 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DE is Sell with a score of 4.26. A total of 15 analysts rated the stock as Buy while 3 rated it as Overweight while 8 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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