Deluxe - DLX Stock Forecast, Price & News

1 Wall Street equities research 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 equities research analysts is that investors should "buy" DLX shares.
View DLX analyst ratings or view top-rated stocks.

1 equities research analysts have issued 12-month price targets for Deluxe's stock. Their DLX share price forecasts range from $36.00 to $36.00. On average, they expect the company's stock price to reach $36.00 in the next twelve months. This suggests a possible upside of 54.6% 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 $32.11 on January 1st, 2022. Since then, DLX shares have decreased by 27.5% and is now trading at $23.28.
View the best growth stocks for 2022 here.

Deluxe saw a drop in short interest in June. As of June 30th, there was short interest totaling 2,160,000 shares, a drop of 24.2% from the June 15th total of 2,850,000 shares. Based on an average trading volume of 239,100 shares, the short-interest ratio is presently 9.0 days.
View Deluxe's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our DLX earnings forecast.

Deluxe Co. (NYSE:DLX) released its earnings results on Thursday, August, 4th. The business services provider reported $0.99 EPS for the quarter, missing analysts' consensus estimates of $1.05 by $0.06. The business services provider had revenue of $563 million for the quarter, compared to the consensus estimate of $528.25 million. Deluxe had a trailing twelve-month return on equity of 30.24% and a net margin of 2.61%. The company's revenue for the quarter was up 17.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.25 EPS.

Deluxe declared a quarterly dividend on Friday, August 5th. Investors of record on Monday, August 22nd will be paid a dividend of $0.30 per share on Tuesday, September 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.15%. The ex-dividend date of this dividend is Friday, August 19th.
Read our dividend analysis for DLX.

Deluxe (NYSE:DLX) pays an annual dividend of $1.20 per share and currently has a dividend yield of 5.15%. DLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 90.23%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for DLX.

Deluxe updated its FY 2022 earnings guidance on Thursday, August, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.18 billion-$2.22 billion, compared to the consensus revenue estimate of $2.19 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 William Blair Investment Management LLC (2.75%), Russell Investments Group Ltd. (1.65%), Royce & Associates LP (1.47%), Rothschild & Co. Asset Management US Inc. (1.17%), Northern Trust Corp (1.10%) and Victory Capital Management Inc. (0.97%). Insiders that own company stock include Christopher Lee Thomas and Thomas Reddin.
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.
Compare Top Brokerages Here.

One share of DLX stock can currently be purchased for approximately $23.28.

Deluxe (NYSE:DLX) has a market capitalization of $1.00 billion and generates $2.02 billion in revenue each year. The business services provider earns $62.63 million in net income (profit) each year or $1.33 on an earnings per share basis.

The company employs 6,313 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.