Deluxe (NYSE:DLX – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 3.600-4.000 for the period, compared to the consensus estimate of 3.680. The company issued revenue guidance of $2.0 billion-$2.1 billion, compared to the consensus revenue estimate of $2.0 billion.
Analyst Upgrades and Downgrades
Several research analysts have commented on the company. Zacks Research downgraded Deluxe from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Wall Street Zen upgraded shares of Deluxe from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. Finally, Weiss Ratings cut Deluxe from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Deluxe currently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Report on Deluxe
Deluxe Price Performance
Deluxe (NYSE:DLX – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.05 EPS for the quarter, beating the consensus estimate of $0.91 by $0.14. The company had revenue of $538.10 million for the quarter, compared to the consensus estimate of $534.97 million. Deluxe had a net margin of 5.01% and a return on equity of 24.11%. Deluxe’s revenue for the quarter was up .3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.75 EPS. Deluxe has set its FY 2026 guidance at 3.600-4.000 EPS. Research analysts predict that Deluxe will post 3.3 earnings per share for the current fiscal year.
Deluxe Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 19th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend was Tuesday, May 19th. Deluxe’s payout ratio is 51.28%.
Institutional Trading of Deluxe
A number of large investors have recently made changes to their positions in the stock. Royal Bank of Canada boosted its holdings in shares of Deluxe by 25.6% in the first quarter. Royal Bank of Canada now owns 505,810 shares of the business services provider’s stock valued at $7,996,000 after purchasing an additional 102,948 shares during the period. AQR Capital Management LLC increased its holdings in Deluxe by 10.0% during the 1st quarter. AQR Capital Management LLC now owns 272,134 shares of the business services provider’s stock worth $4,302,000 after purchasing an additional 24,660 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Deluxe by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,260 shares of the business services provider’s stock valued at $415,000 after purchasing an additional 1,072 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Deluxe by 9.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 110,736 shares of the business services provider’s stock worth $1,751,000 after buying an additional 10,017 shares during the period. Finally, Strs Ohio bought a new position in shares of Deluxe during the 1st quarter worth $30,000. 93.90% of the stock is owned by hedge funds and other institutional investors.
Deluxe Company Profile
Deluxe Corporation, founded in 1915 and headquartered in Shoreview, Minnesota, is a provider of integrated business and financial technology solutions. Originally established as a check printing company, Deluxe has evolved its offerings to support small businesses, financial institutions and entrepreneurs with a comprehensive suite of services spanning print, digital and software platforms.
The company’s core business activities include printing checks, forms and promotional materials, as well as delivering digital marketing and customer engagement solutions.
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