Maximus (NYSE:MMS) Reaches New 12-Month High After Dividend Announcement

Maximus, Inc. (NYSE:MMS) reached a new 52-week high during mid-day trading on Wednesday after the company announced a dividend. The stock traded as high as $92.57 and last traded at $92.1640, with a volume of 107684 shares trading hands. The stock had previously closed at $89.12.

The newly announced dividend which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, February 13th. This is an increase from Maximus’s previous quarterly dividend of $0.30. Maximus’s dividend payout ratio (DPR) is 21.58%.

Analyst Upgrades and Downgrades

MMS has been the topic of several research analyst reports. Zacks Research upgraded Maximus from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Maximus in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. Based on data from MarketBeat.com, Maximus currently has a consensus rating of “Strong Buy”.

Maximus Trading Up 2.8%

The firm has a 50-day simple moving average of $84.86 and a 200-day simple moving average of $82.82. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.77. The stock has a market cap of $4.99 billion, a PE ratio of 16.54 and a beta of 0.56.

Maximus (NYSE:MMS) last announced its quarterly earnings results on Thursday, November 20th. The health services provider reported $1.62 earnings per share for the quarter, missing the consensus estimate of $1.63 by ($0.01). Maximus had a net margin of 5.87% and a return on equity of 25.23%. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the prior year, the company earned $1.46 earnings per share. The company’s quarterly revenue was up .2% on a year-over-year basis. Maximus has set its FY 2026 guidance at 7.950-8.250 EPS. Equities analysts forecast that Maximus, Inc. will post 6.15 earnings per share for the current year.

Insider Activity at Maximus

In other news, insider Michelle F. Link sold 4,039 shares of the company’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $86.84, for a total value of $350,746.76. Following the transaction, the insider owned 19,542 shares of the company’s stock, valued at approximately $1,697,027.28. This represents a 17.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Richardson Financial Services Inc. increased its holdings in Maximus by 123.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 348 shares of the health services provider’s stock valued at $32,000 after purchasing an additional 192 shares during the period. Advisory Services Network LLC purchased a new position in shares of Maximus during the third quarter valued at approximately $32,000. Cullen Frost Bankers Inc. bought a new position in shares of Maximus during the third quarter valued at approximately $38,000. Canada Pension Plan Investment Board bought a new stake in Maximus in the second quarter valued at $35,000. Finally, Danske Bank A S bought a new stake in Maximus in the third quarter valued at $55,000. Hedge funds and other institutional investors own 97.21% of the company’s stock.

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.