How To Buy Deere Stock

You can buy Deere shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Deere shares with a broker like Etoro or you can trade Deere CFDs with XTB you can begin trading Deere shares right away.

Broker XTB eToro Plus500 FXPrimus Admiral FP Markets
Rating
Used By 250,000+ 10,000+ 15,500+ 10,000+ 10,000+ 10,000+
Share Dealing USA stocks :
UK shares :
CFD trading :
USA stocks :
UK shares :
CFD trading :
USA stocks :
UK shares :
CFD trading :
USA stocks :
UK shares :
CFD trading :
USA stocks :
UK shares :
CFD trading :
USA stocks :
UK shares :
CFD trading :

Scroll down to read our indepth article on How To Buy Deere Stock. What you should know, Types of trading Deere Stock and CFD's. Pros and Cons, everything is explained below.

Deere Financial Details

Financial Details

Deere Stock symbol DE
Deere Sector and Industry Industrials Machinery
Deere Exchange NYSE - New York Stock Exchange
52 Week High $180.48
52 Week Low $132.68
Deere Market Capitalisation $50,281,134,144.00
Deere Average Volume 1,405,514.00
Deere PE 16.06
Deere EPS 9.94
Stock Currency USD

Overview of Deere

Deere & Company manufactures and distributes a range of agricultural, construction, forestry, and commercial and consumer equipment. The Company supplies replacement parts for its own products and for those of other manufacturers. Deere also provides product and parts financing services. Deere and Company extends its services and products worldwide.

Deere is an American Industrials Machinery company currently traded on the New York Stock Exchange (NYSE).

Deere trades under the stock symbol DE on the NYSE.

Deere shares are traded in USD.

Deere has a current share price of $159.72 USD dated 31/01/2020.

The highest Deere share price over the last 52 weeks was $180.48 USD and its lowest price over the last 52 weeks was $132.68 USD. That is a 52 week price range of $132.68 - $180.48.

Deere Trading Volume and PE

Deere currently has 314,808,000.00 active shares in circulation traded through the NYSE exchange.

Deere market capitalization is $50,281,134,144.00 with an average daily trading volume of 1,405,514.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Deere has a Price Earning Ratio ( PE ) of 16.06 and earning per share ( EPS ) of 9.94. Generally speaking Deere having a high P/E ratio means that Deere investors forsee increased growth with Deere in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Deere earnings per share is Disney company profit that's allocated to every Deere common stock. Earnings per share is calculated by taking the difference between Deere's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Deere shares outstanding.

Deere Financial Charts

Financial Details

Deere Information

Deere Location & Contact Information

Address 1 John Deere Plaza Moline, IL 61265 United States
Phone Number 1-309-765-8000
Website URL www.deere.com

Deere Executives and Board Members

Chief Executive Officer John C May
Pres:John Deere Financial/CIO Rajesh Kalathur
Pres:Worldwide Construction & Forestry James M Field
Deere Board Member Samuel R Allen
Deere Board Member Dr Vance D Coffman
Deere Board Member Charles O Holliday Jr

How To Buy Deere Stock Guide

Buying Deere Stocks and CFDs

When investing in Deere you have several options as to what type of investment you wish to conduct. You can buy traditional Deere shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Deere shares with stock brokers and trading Deere with CFDs below.

Deere CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Deere stock.

If you buy Deere shares with a stock broker you actually own a share of Deere. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Deere price will change up or down.

Lets explain why you would buy Deere as a CFD instead of as a share.

If you went and brought 100 Deere shares at $100 a share with a stock broker you own $1000 of Deere.

The main difference when trading Deere as a CFD and buying Deere as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Deere you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Deere. Trading an Deere CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Deere CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Deere share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

What CFDs allow you to do is profit from both the rise and fall in the Deere share price. An Deere CFD long would be hoping to profit from a rise in the Deere share price. An Deere CFD short would be aiming to profit from a fall in the Deere stock price. Trading CFDs allows traders to profit from both directions of the Deere price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Deere shares you can only profit from a rise in the Deere stock price.

Deere CFD and Stock Market Times

When trading in traditional Deere shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Deere Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Deere stock. This limits your risk to your initial amount invested in Deere. You can only lose the amount invested with traditional Deere shares. Another benefit of buying Deere shares with a broker is that you may be eligible to receive Deere company dividends if applicable.

If you Invest in Deere via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Deere. If you buy Deere stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Deere benefits as in owning a certain amount of stock for a set period.

If you own shares in Deere you may be eligible to voting rights at Deere shareholder general meetings.

Deere Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Deere Stocks and shares are only exempt from tax if the Deere shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Deere Stocks and Shares or Deere CFDs?

There are pros and cons to trading in both Deere Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Deere stocks and shares is better suited for long term investments. Historically Deere shares provide better returns over the long term, usually a 10 year period.

Deere CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Deere share investors aim to profit on the fluctuating highs and lows of the Deere price throughout the day. Day trading as you can imagine focuses on profiting from the daily Deere stock price change.

CFD traders monitor live price movements by using real-time charts in an attempt to profit from live price movements.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Deere stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Deere share price for example to a known amount.

Example Cost of Buying Deere as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Deere CFD trade example Deere Share deal example
Market price $159.72 $159.72
Broker Deal Invest $31.944 at 1:5 Margin (20%) Buy at $159.72 a share
Deal size 100 shares 100 shares
Initial outlay

$3194.4

(Margin = exposure x 20% margin factor)

$15972

(100 shares at $159.72)
Stamp duty No £20
Close price Sell at $191.664 Sell at $191.664
Estimated Profit

(31.944 point increase x 100 shares = $3194.4)

*Not including commission fees and taxes

($19166.4 - $15972 = $3194.4)

*Not including commission fees and taxes
Trade Deere CFDs now with XTB Trade Deere Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Deere shares and CFDs.

We compare these features to make it easier for you to make a more informed choice.