Sidoti Issues Pessimistic Estimate for Deluxe Earnings

Deluxe Corporation (NYSE:DLX) – Research analysts at Sidoti lowered their Q3 2026 earnings estimates for Deluxe in a report released on Thursday, August 6th. Sidoti analyst M. Riddick now anticipates that the business services provider will post earnings of $0.88 per share for the quarter, down from their previous forecast of $0.89. The consensus estimate for Deluxe’s current full-year earnings is $3.30 per share. Sidoti also issued estimates for Deluxe’s FY2026 earnings at $3.43 EPS, Q1 2027 earnings at $0.91 EPS, Q2 2027 earnings at $0.78 EPS, Q3 2027 earnings at $1.01 EPS, Q4 2027 earnings at $0.99 EPS and FY2027 earnings at $3.69 EPS.

DLX has been the subject of several other research reports. Weiss Ratings lowered Deluxe from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, July 15th. Wall Street Zen downgraded shares of Deluxe from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 8th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Deluxe Trading Up 2.0%

NYSE DLX opened at $24.23 on Friday. Deluxe has a 12 month low of $17.76 and a 12 month high of $32.07. The stock has a market cap of $1.11 billion, a P/E ratio of 10.77, a P/E/G ratio of 0.60 and a beta of 1.24. The stock’s fifty day moving average price is $24.62 and its 200-day moving average price is $26.11. The company has a current ratio of 1.20, a quick ratio of 1.08 and a debt-to-equity ratio of 2.02.

Deluxe (NYSE:DLX) last announced its earnings results on Wednesday, August 5th. The business services provider reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. Deluxe had a net margin of 4.91% and a return on equity of 23.51%. The business had revenue of $499.30 million during the quarter, compared to the consensus estimate of $486.30 million. During the same quarter last year, the firm earned $0.88 earnings per share. The business’s revenue for the quarter was down 4.2% on a year-over-year basis.

Institutional Investors Weigh In On Deluxe

Hedge funds have recently added to or reduced their stakes in the stock. Kendall Capital Management bought a new position in Deluxe in the second quarter valued at about $1,881,000. Citizens Financial Group Inc. RI bought a new stake in shares of Deluxe during the 2nd quarter valued at about $244,000. Bank of New York Mellon Corp bought a new stake in shares of Deluxe during the 2nd quarter valued at about $14,739,000. Wedge Capital Management L L P NC increased its position in shares of Deluxe by 14.9% during the 2nd quarter. Wedge Capital Management L L P NC now owns 106,897 shares of the business services provider’s stock valued at $2,553,000 after purchasing an additional 13,834 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Deluxe by 20.0% in the 1st quarter. Bank of America Corp DE now owns 332,948 shares of the business services provider’s stock worth $9,169,000 after purchasing an additional 55,429 shares during the period. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Deluxe Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 18th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Tuesday, August 18th. Deluxe’s dividend payout ratio (DPR) is presently 53.33%.

About Deluxe

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.