Deere (DE) Stock

Lately, users of Zacks.com have been focusing on Deere (DE). This interest prompts a closer look at what the stock might offer.

Deere is experiencing a drop in sales because of low crop prices, but its strong profit margins and effective operations justify a 'Buy' rating. Even though the outlook for 2025 seems tough, the company's improvements and ability to generate cash put it in a good position for a possible market recovery. Additionally, its long-term growth is supported by advancements in precision agriculture and possible gains from infrastructure investments.

This Industry Outlook article features Deere, AGCO, Lindsay, CNH Industrial, and Kubota.

I want to tell you about my straightforward "Made for 2025" Dividend Plan. This easy and secure approach focuses on finding dividend stocks that are expected to increase their payouts.

The Manufacturing - Farm Equipment sector is affected by low income in farming. However, demand is expected to increase due to the rising need for food. Companies like DE, AGCO, and LNN are likely to benefit from this trend.

A federal appeals court has overturned Nasdaq's rules aimed at promoting more diverse boards in companies, marking another setback for diversity initiatives in corporate America.

Lately, users of Zacks.com have been focusing on Deere (DE). This interest prompts a closer look at what the stock might offer.

MOLINE, Ill., Dec. 3, 2024 /PRNewswire/ -- The Board of Directors at Deere & Company (NYSE: DE) announced a quarterly dividend of $1.62 per share. This payment will be made on February 10, 2025, to shareholders who are on record as of December 31, 2024.

After staying mostly stagnant for over three years, Deere's shares reached a new record high on November 25, following the release of its fiscal fourth-quarter and 2024 results, which ended on October 27. However, the company's net income dropped by over 30% in fiscal 2024, and the management expects earnings to decrease further in fiscal 2025.