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

Maximus, Inc. (NYSE:MMS) declared a quarterly dividend on Monday, July 6th. Stockholders 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 dividend yield of 2.3%. The ex-dividend date is Friday, August 14th.

Maximus has increased its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 2 years. Maximus has a dividend payout ratio of 19.8% meaning its dividend is sufficiently covered by earnings. 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 Price Performance

Maximus stock opened at $56.88 on Wednesday. The stock has a market capitalization of $2.99 billion, a P/E ratio of 8.51 and a beta of 0.60. The company’s fifty day moving average price is $60.02 and its 200 day moving average price is $72.36. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.21 and a current ratio of 2.21. Maximus has a 1 year low of $52.73 and a 1 year high of $100.00.

Maximus (NYSE:MMS) last posted its quarterly earnings data on Thursday, May 7th. The health services provider reported $2.07 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the firm posted $2.01 earnings per share. The company’s revenue was down 4.1% compared to the same quarter last year. Maximus has set its FY 2026 guidance at 8.250-8.550 EPS. As a group, equities research analysts anticipate that Maximus will post 8.43 earnings per share for the current fiscal year.

About Maximus

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.