Deluxe (DLX) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Deluxe in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" DLX shares.
View DLX analyst ratings or view top-rated stocks.

1 equities research analysts have issued 1-year price objectives for Deluxe's stock. Their DLX share price forecasts range from $29.00 to $32.00. On average, they predict the company's stock price to reach $31.00 in the next year. This suggests a possible upside of 65.9% from the stock's current price.
View analysts price targets for DLX or view top-rated stocks among Wall Street analysts.

Deluxe's stock was trading at $16.98 at the start of the year. Since then, DLX stock has increased by 10.1% and is now trading at $18.69.
View the best growth stocks for 2023 here.

Deluxe saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 2,070,000 shares, an increase of 15.6% from the July 31st total of 1,790,000 shares. Based on an average daily trading volume, of 230,900 shares, the days-to-cover ratio is currently 9.0 days.
View Deluxe's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our DLX earnings forecast.

Deluxe Co. (NYSE:DLX) announced its quarterly earnings results on Thursday, August, 3rd. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.32. The business services provider earned $571.70 million during the quarter, compared to analyst estimates of $548.75 million. Deluxe had a trailing twelve-month return on equity of 24.46% and a net margin of 2.37%.

Deluxe announced a quarterly dividend on Thursday, August 3rd. Shareholders of record on Monday, August 21st will be given a dividend of $0.30 per share on Tuesday, September 5th. This represents a $1.20 annualized dividend and a yield of 6.42%. The ex-dividend date is Friday, August 18th.
Read our dividend analysis for DLX.

ETFs with the largest weight of Deluxe (NYSE:DLX) stock in their portfolio include Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) and Invesco S&P SmallCap 600 Pure Value ETF (RZV).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

Deluxe (NYSE:DLX) pays an annual dividend of $1.20 per share and currently has a dividend yield of 6.13%. DLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 99.17%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, DLX will have a dividend payout ratio of 39.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DLX.

Deluxe issued an update on its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $2.90-$3.25 for the period, compared to the consensus EPS estimate of $3.14. The company issued revenue guidance of $2.15 billion-$2.21 billion, compared to the consensus revenue estimate of $2.20 billion.

59 employees have rated Deluxe Chief Executive Officer Barry McCarthy on Glassdoor.com. Barry McCarthy has an approval rating of 55% among the company's employees. This puts Barry McCarthy in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Deluxe investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), NIC (EGOV), Athabasca Oil (ATH), Micron Technology (MU), Aegean Marine Petroleum Network (ANW), Procter & Gamble (PG) and JOYY (YY).

Deluxe trades on the New York Stock Exchange (NYSE) under the ticker symbol "DLX."

Deluxe's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.57%), LSV Asset Management (4.61%), State Street Corp (4.07%), Dimensional Fund Advisors LP (3.26%), William Blair Investment Management LLC (3.25%) and Charles Schwab Investment Management Inc. (2.45%).
View institutional ownership trends.

Shares of DLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DLX stock can currently be purchased for approximately $18.69.

Deluxe (NYSE:DLX) has a market capitalization of $815.26 million and generates $2.24 billion in revenue each year. The business services provider earns $65.39 million in net income (profit) each year or $1.21 on an earnings per share basis.

The company employs 5,863 workers across the globe.

Deluxe's mailing address is 3680 VICTORIA STREET NORTH, SHOREVIEW MN, 55126. The official website for the company is www.deluxe.com. The business services provider can be reached via phone at (651) 483-7111, via email at investorrelations@deluxe.com, or via fax at 651-481-4371.