Maximus, Inc. (MMS) To Go Ex-Dividend on August 14th

Maximus, Inc. (NYSE:MMS) declared a quarterly dividend on Monday, July 6th. Investors of record on Friday, August 14th will be paid a dividend of 0.33 per share by the health services provider on Monday, August 31st. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, August 14th.

Maximus has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 2 years. Maximus has a payout ratio of 19.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Maximus to earn $8.86 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 14.9%.

Maximus Trading Down 1.7%

Shares of NYSE:MMS opened at $54.36 on Wednesday. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 0.90. Maximus has a 12-month low of $52.73 and a 12-month high of $100.00. The business has a 50 day moving average of $58.35 and a two-hundred day moving average of $66.65. The company has a market capitalization of $2.85 billion, a PE ratio of 8.03 and a beta of 0.59.

Maximus (NYSE:MMS) last issued its quarterly earnings data on Thursday, August 6th. The health services provider reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $2.21 by $0.01. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Maximus had a net margin of 7.07% and a return on equity of 24.91%. The business’s revenue was down 5.1% on a year-over-year basis. During the same quarter last year, the company earned $2.16 EPS. Maximus has set its FY 2026 guidance at 7.900-8.200 EPS. As a group, analysts forecast that Maximus will post 7.9 EPS for the current year.

Maximus Company Profile

Maximus, Inc (NYSE: MMS) is a global provider of government services focused on delivering health and human services programs. The company partners with federal, state, and local agencies to administer and manage programs that support individuals and families across various stages of life. Key service areas include eligibility determination and enrollment services for Medicaid, Medicare, Children’s Health Insurance Program (CHIP) and other public assistance programs, as well as call center operations, case management and program integrity solutions.