Deluxe (DLX) Stock Price, News & Analysis

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Deluxe in the last twelve months. There are currently 2 buy ratings 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.

2 equities research analysts have issued twelve-month price objectives for Deluxe's stock. Their DLX share price targets range from $27.00 to $32.00. On average, they anticipate the company's stock price to reach $29.50 in the next twelve months. This suggests a possible upside of 49.7% 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 $21.45 at the start of the year. Since then, DLX shares have decreased by 8.1% and is now trading at $19.71.
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Deluxe saw a increase in short interest in March. As of March 15th, there was short interest totaling 2,800,000 shares, an increase of 7.3% from the February 29th total of 2,610,000 shares. Based on an average daily volume of 216,000 shares, the short-interest ratio is presently 13.0 days.
View Deluxe's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our DLX earnings forecast.

Deluxe will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-770-2030 with passcode "7092711".

Deluxe Co. (NYSE:DLX) announced its earnings results on Thursday, February, 1st. The business services provider reported $0.80 EPS for the quarter, topping the consensus estimate of $0.75 by $0.05. The business services provider had revenue of $537.40 million for the quarter, compared to analysts' expectations of $537.80 million. Deluxe had a net margin of 1.20% and a trailing twelve-month return on equity of 21.53%. Deluxe's quarterly revenue was down 4.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.98 earnings per share.

Deluxe announced a quarterly dividend on Thursday, February 1st. Investors of record on Tuesday, February 20th will be given a dividend of $0.30 per share on Monday, March 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.09%. The ex-dividend date is Friday, February 16th.
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 6.42%. DLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 203.39%. 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 40.00% next year. This indicates that the company will be able to sustain or increase its dividend.
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).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

Deluxe issued an update on its FY24 earnings guidance on Thursday, February, 1st. The company provided earnings per share (EPS) guidance of $3.10-$3.40 for the period, compared to the consensus estimate of $3.23. The company issued revenue guidance of $2.14-$2.18 billion, compared to the consensus revenue estimate of $2.16 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 Xtrackers California Municipal Bond ETF (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's stock is owned by many different retail and institutional investors. Top institutional investors include Westside Investment Management Inc. (0.12%) and Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Barry C Mccarthy and Yogaraj Jeyaprakasam.
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Shares of DLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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