Maximus (NYSE:MMS – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 5.900-6.200 for the period, compared to the consensus EPS estimate of 5.950. The company issued revenue guidance of $5.2 billion-$5.4 billion, compared to the consensus revenue estimate of $5.3 billion.
Analysts Set New Price Targets
A number of equities analysts have commented on MMS shares. StockNews.com raised Maximus from a “hold” rating to a “buy” rating in a research note on Wednesday, January 29th. Raymond James upgraded shares of Maximus from a “market perform” rating to an “outperform” rating and set a $90.00 price target for the company in a report on Thursday, January 2nd.
Read Our Latest Analysis on MMS
Maximus Stock Performance
Maximus Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Saturday, February 15th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date of this dividend is Friday, February 14th. Maximus’s dividend payout ratio (DPR) is 24.00%.
Insiders Place Their Bets
In other Maximus news, Director Raymond B. Ruddy acquired 3,490 shares of Maximus stock in a transaction that occurred on Thursday, December 12th. The stock was bought at an average price of $71.46 per share, with a total value of $249,395.40. Following the completion of the purchase, the director now directly owns 112,520 shares of the company’s stock, valued at approximately $8,040,679.20. This represents a 3.20 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Bruce Caswell bought 3,500 shares of the business’s stock in a transaction on Tuesday, December 17th. The stock was bought at an average price of $70.64 per share, for a total transaction of $247,240.00. Following the purchase, the chief executive officer now directly owns 275,929 shares of the company’s stock, valued at $19,491,624.56. The trade was a 1.28 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 7,063 shares of company stock valued at $502,017 in the last quarter. 1.60% of the stock is currently owned by insiders.
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.
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