Deluxe (DLX) Stock Forecast, Price & News

0 Wall Street analysts have issued 1-year target prices for Deluxe's stock. Their DLX share price forecasts range from $29.00 to $32.00. On average, they anticipate the company's share price to reach $30.50 in the next twelve months. This suggests a possible upside of 102.7% 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 beginning of the year. Since then, DLX stock has decreased by 11.4% and is now trading at $15.05.
View the best growth stocks for 2023 here.

Deluxe saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,890,000 shares, an increase of 13.2% from the April 30th total of 1,670,000 shares. Based on an average daily volume of 231,500 shares, the short-interest ratio is presently 8.2 days.
View Deluxe's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our DLX earnings forecast.

Deluxe Co. (NYSE:DLX) released its quarterly earnings results on Thursday, November, 4th. The business services provider reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.02. The business services provider had revenue of $532.10 million for the quarter, compared to the consensus estimate of $520.70 million. Deluxe had a net margin of 2.63% and a trailing twelve-month return on equity of 25.08%. Deluxe's revenue was up 21.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.47 earnings per share.

Deluxe announced a quarterly dividend on Thursday, May 4th. Shareholders of record on Monday, May 22nd will be paid a dividend of $0.30 per share on Monday, June 5th. This represents a $1.20 annualized dividend and a dividend yield of 7.97%. The ex-dividend date of this dividend is Friday, May 19th.
Read our dividend analysis for DLX.

ETFs with the largest weight of Deluxe (NYSE:DLX) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap 600 Pure Value ETF (RZV), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Invesco S&P SmallCap Industrials ETF (PSCI), Syntax Stratified SmallCap ETF (SSLY) and WisdomTree U.S. SmallCap Dividend Fund (DES).

Deluxe (NYSE:DLX) pays an annual dividend of $1.20 per share and currently has a dividend yield of 7.92%. DLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 88.89%. 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, May, 4th. The company provided earnings per share (EPS) guidance of $2.90-$3.25 for the period, compared to the consensus estimate of $3.01. The company issued revenue guidance of $2.15 billion-$2.21 billion, compared to the consensus revenue estimate of $2.18 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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.33%), American Century Companies Inc. (6.44%), LSV Asset Management (4.62%), State Street Corp (4.07%), William Blair Investment Management LLC (3.21%) and Dimensional Fund Advisors LP (2.91%).
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 $15.05.

Deluxe (NYSE:DLX) has a market capitalization of $654.07 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 $1.35 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.