Maximus (NYSE:MMS) Issues FY25 Earnings Guidance

Maximus (NYSE:MMS) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $5.70-6.00 for the period, compared to the consensus estimate of $5.96. The company issued revenue guidance of $5.275-5.425 billion, compared to the consensus revenue estimate of $5.36 billion.

Maximus Price Performance

MMS stock traded up $0.70 during midday trading on Wednesday, hitting $80.51. 906,200 shares of the stock were exchanged, compared to its average volume of 375,252. Maximus has a fifty-two week low of $76.46 and a fifty-two week high of $93.97. The stock has a market cap of $4.85 billion, a price-to-earnings ratio of 16.73 and a beta of 0.77. The stock’s 50-day moving average price is $88.75 and its 200-day moving average price is $88.18. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.59 and a current ratio of 1.59.

Maximus Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Saturday, November 30th. Shareholders of record on Friday, November 15th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend is Friday, November 15th. Maximus’s dividend payout ratio (DPR) is 25.16%.

Insider Transactions at Maximus

In other Maximus news, insider Michelle F. Link sold 1,363 shares of the stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $92.56, for a total transaction of $126,159.28. Following the transaction, the insider now directly owns 6,567 shares in the company, valued at $607,841.52. This represents a 17.19 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.40% of the company’s stock.

Maximus Company Profile

Maximus, Inc operates as a provider of government services in the United States and internationally. It operates through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; and person-centered independent disability, long-term sick, and other health assessments.