Maximus (NYSE:MMS) Issues FY25 Earnings Guidance

Maximus (NYSE:MMS) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $5.70-6.00 for the period, compared to the consensus earnings per share estimate of $5.96. The company issued revenue guidance of $5.275-5.425 billion, compared to the consensus revenue estimate of $5.36 billion. Maximus also updated its FY 2025 guidance to 5.700-6.000 EPS.

Maximus Price Performance

Shares of Maximus stock traded up $0.72 during mid-day trading on Wednesday, reaching $80.53. 1,456,258 shares of the stock were exchanged, compared to its average volume of 377,697. Maximus has a fifty-two week low of $76.46 and a fifty-two week high of $93.97. The company has a market cap of $4.85 billion, a price-to-earnings ratio of 16.73 and a beta of 0.77. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.61. The firm has a 50-day simple moving average of $88.75 and a 200 day simple moving average of $88.18.

Maximus Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Saturday, November 30th. Shareholders of record on Friday, November 15th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend is Friday, November 15th. Maximus’s payout ratio is 25.16%.

Insiders Place Their Bets

In other news, insider Michelle F. Link sold 1,363 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $92.56, for a total value of $126,159.28. Following the sale, the insider now directly owns 6,567 shares of the company’s stock, valued at approximately $607,841.52. This represents a 17.19 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.40% of the company’s stock.

About Maximus

Maximus, Inc operates as a provider of government services in the United States and internationally. It operates through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; and person-centered independent disability, long-term sick, and other health assessments.