Deere & Company Q1 EPS Forecast Raised by Zacks Research

Deere & Company (NYSE:DE) – Investment analysts at Zacks Research upped their Q1 2026 earnings estimates for Deere & Company in a research note issued to investors on Tuesday, June 24th. Zacks Research analyst M. Das now forecasts that the industrial products company will earn $3.48 per share for the quarter, up from their previous forecast of $3.46. The consensus estimate for Deere & Company’s current full-year earnings is $19.32 per share. Zacks Research also issued estimates for Deere & Company’s Q2 2026 earnings at $5.80 EPS, Q2 2027 earnings at $6.81 EPS and FY2027 earnings at $23.56 EPS.

A number of other equities analysts have also issued reports on DE. Raymond James Financial raised their price target on Deere & Company from $530.00 to $560.00 and gave the stock an “outperform” rating in a report on Friday, May 16th. BMO Capital Markets reiterated a “market perform” rating and issued a $460.00 price target (up previously from $425.00) on shares of Deere & Company in a report on Wednesday, May 21st. Truist Financial raised their price objective on Deere & Company from $546.00 to $619.00 and gave the company a “buy” rating in a research note on Friday, May 16th. Bank of America increased their price target on shares of Deere & Company from $495.00 to $556.00 and gave the company a “neutral” rating in a research report on Friday, May 16th. Finally, Baird R W cut Deere & Company from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 3rd. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Deere & Company currently has an average rating of “Hold” and an average target price of $515.19.

Deere & Company Stock Performance

Shares of Deere & Company stock opened at $513.46 on Thursday. The company has a debt-to-equity ratio of 1.76, a current ratio of 2.11 and a quick ratio of 1.89. The stock has a market capitalization of $139.06 billion, a price-to-earnings ratio of 24.84, a PEG ratio of 3.23 and a beta of 1.09. Deere & Company has a 12 month low of $340.20 and a 12 month high of $533.78. The firm’s fifty day simple moving average is $500.54 and its 200-day simple moving average is $472.74.

Deere & Company (NYSE:DE) last posted its earnings results on Thursday, May 15th. The industrial products company reported $6.64 earnings per share for the quarter, beating the consensus estimate of $5.72 by $0.92. The business had revenue of $11.17 billion during the quarter, compared to the consensus estimate of $10.80 billion. Deere & Company had a return on equity of 24.39% and a net margin of 12.40%. The business’s quarterly revenue was down 17.9% on a year-over-year basis. During the same period in the previous year, the business earned $8.53 EPS.

Deere & Company Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 8th. Shareholders of record on Monday, June 30th will be paid a dividend of $1.62 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $6.48 annualized dividend and a yield of 1.26%. Deere & Company’s dividend payout ratio is presently 31.35%.

Institutional Investors Weigh In On Deere & Company

Large investors have recently made changes to their positions in the business. Activest Wealth Management raised its stake in shares of Deere & Company by 2,750.0% during the first quarter. Activest Wealth Management now owns 57 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 55 shares during the period. Hughes Financial Services LLC acquired a new stake in shares of Deere & Company during the 1st quarter valued at approximately $29,000. Cornerstone Planning Group LLC lifted its position in shares of Deere & Company by 116.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 67 shares of the industrial products company’s stock worth $31,000 after buying an additional 36 shares during the last quarter. Orion Capital Management LLC bought a new position in Deere & Company in the fourth quarter worth about $34,000. Finally, Mascagni Wealth Management Inc. bought a new stake in shares of Deere & Company in the 4th quarter worth approximately $39,000. Institutional investors and hedge funds own 68.58% of the company’s stock.

About Deere & Company

Deere & Co engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.