Maximus, Inc. (MMS) To Go Ex-Dividend on May 15th

Maximus, Inc. (NYSE:MMS) announced a quarterly dividend on Monday, April 6th. Shareholders of record on Friday, May 15th will be paid a dividend of 0.33 per share by the health services provider on Monday, June 1st. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, May 15th.

Maximus has increased its dividend payment by an average of 0.0%per year over the last three years and has increased 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. Analysts expect Maximus to earn $8.79 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 15.0%.

Maximus Trading Down 0.6%

Shares of MMS opened at $61.17 on Wednesday. The stock has a market capitalization of $3.21 billion, a P/E ratio of 9.16 and a beta of 0.60. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.87. The firm has a fifty day simple moving average of $68.06 and a two-hundred day simple moving average of $79.48. Maximus has a twelve month low of $60.68 and a twelve month high of $100.00.

Maximus (NYSE:MMS) last announced its quarterly earnings results on Thursday, May 7th. The health services provider reported $2.07 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.09. Maximus had a net margin of 7.02% and a return on equity of 25.10%. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the prior year, the company posted $2.01 EPS. The firm’s revenue for the quarter was down 4.1% compared to the same quarter last year. Maximus has set its FY 2026 guidance at 8.250-8.550 EPS. On average, research analysts anticipate that Maximus will post 8.37 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.