Maximus, Inc. (MMS) To Go Ex-Dividend on February 13th

Maximus, Inc. (NYSE:MMS) announced a quarterly dividend on Tuesday, January 6th. Stockholders of record on Friday, February 13th will be given a dividend of 0.33 per share by the health services provider on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Friday, February 13th. This is a 10.0% increase from Maximus’s previous quarterly dividend of $0.30.

Maximus has raised 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 payout ratio of 19.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Maximus to earn $5.76 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 22.9%.

Maximus Stock Performance

Shares of MMS stock opened at $79.22 on Wednesday. Maximus has a 12 month low of $63.77 and a 12 month high of $100.00. The company’s fifty day simple moving average is $89.69 and its 200-day simple moving average is $86.63. The firm has a market cap of $4.32 billion, a PE ratio of 12.06 and a beta of 0.56. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.88.

Maximus (NYSE:MMS) last released its earnings results on Thursday, February 5th. The health services provider reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.84 by $0.01. Maximus had a net margin of 6.92% and a return on equity of 25.30%. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter last year, the firm earned $1.61 earnings per share. 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 8.050-8.350 EPS. Equities research analysts expect that Maximus will post 6.15 EPS 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.