Deluxe - DLX Stock Forecast, Price & News

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

1 brokers have issued 1 year price objectives for Deluxe's shares. 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 year. This suggests a possible upside of 58.2% 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 stock has decreased by 29.1% and is now trading at $22.75.
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Deluxe saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,160,000 shares, a decrease of 24.2% from the June 15th total of 2,850,000 shares. Based on an average daily volume of 239,100 shares, the days-to-cover ratio is presently 9.0 days.
View Deluxe's Short Interest.

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

Deluxe Co. (NYSE:DLX) posted its quarterly 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 earned $563 million during the quarter, compared to the consensus estimate of $528.25 million. Deluxe had a net margin of 2.61% and a trailing twelve-month return on equity of 30.24%. The company's revenue for the quarter was up 17.7% on a year-over-year basis. During the same period last year, the business posted $1.25 earnings per share.

Deluxe announced 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 5.27%. The ex-dividend date 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 5.14%. 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, 4th. The company provided EPS 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 a variety of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (1.65%), Royce & Associates LP (1.47%), Victory Capital Management Inc. (0.97%), Westside Investment Management Inc. (0.16%), Truvestments Capital LLC (0.12%) and Versor Investments LP (0.10%). 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.
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One share of DLX stock can currently be purchased for approximately $22.75.

Deluxe (NYSE:DLX) has a market capitalization of $978.05 million 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.

Deluxe 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.