NYSE:MMS - MAXIMUS Stock Price, Forecast & News

MAXIMUS trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMS."

MAXIMUS announced a quarterly dividend on Wednesday, January 8th. Investors of record on Friday, February 14th will be given a dividend of $0.28 per share on Friday, February 28th. This represents a $1.12 annualized dividend and a yield of 1.57%. The ex-dividend date is Thursday, February 13th. View MAXIMUS's Dividend History.

MAXIMUS declared that its board has authorized a share buyback plan on Monday, June 25th 2018, which authorizes the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 4.9% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

MAXIMUS, Inc. (NYSE:MMS) issued its earnings results on Thursday, February, 6th. The health services provider reported $0.91 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.91. The health services provider earned $818.23 million during the quarter, compared to analyst estimates of $797.11 million. MAXIMUS had a net margin of 8.01% and a return on equity of 20.54%. The business's quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the business posted $0.86 EPS. View MAXIMUS's Earnings History.

MAXIMUS is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for MAXIMUS.

MAXIMUS issued an update on its FY20 earnings guidance on Thursday, February, 6th. The company provided EPS guidance of $3.95 to $4.15 for the period, compared to the Thomson Reuters consensus estimate of $4.02. The company issued revenue guidance of $3.15 billion to $3.30 billion, compared to the consensus revenue estimate of $3.22 billion.

2 brokerages have issued 1-year price objectives for MAXIMUS's shares. Their forecasts range from $77.00 to $81.00. On average, they expect MAXIMUS's share price to reach $79.00 in the next year. This suggests a possible upside of 10.9% from the stock's current price. View Analyst Price Targets for MAXIMUS.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MAXIMUS in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MAXIMUS.

Headlines about MMS stock have trended negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MAXIMUS earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned headlines about the health services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for MAXIMUS.

MAXIMUS saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,760,000 shares, an increase of 5.4% from the January 15th total of 1,670,000 shares. Based on an average daily volume of 379,700 shares, the short-interest ratio is currently 4.6 days. Currently, 2.8% of the shares of the stock are sold short. View MAXIMUS's Current Options Chain.

Some companies that are related to MAXIMUS include Visa (V), Mastercard (MA), Fidelity National Information Servcs (FIS), Fiserv (FISV), Automatic Data Processing (ADP), Global Payments (GPN), Worldpay (WP), Paychex (PAYX), FleetCor Technologies (FLT), Total System Services (TSS), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), WEX (WEX) and Genpact (G).

Based on aggregate information from My MarketBeat watchlists, some companies that other MAXIMUS investors own include Altria Group (MO), Tesla (TSLA), Bank of America (BAC), Southwest Airlines (LUV), Wells Fargo & Co (WFC), Gilead Sciences (GILD), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Dominion Energy (D) and New Oriental Education & Tech Grp (EDU).

MAXIMUS's stock is owned by a number of of institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (6.72%), Victory Capital Management Inc. (6.69%), State Street Corp (3.26%), FMR LLC (2.50%), Bank of New York Mellon Corp (1.66%) and Charles Schwab Investment Management Inc. (1.57%). Company insiders that own MAXIMUS stock include David Francis, Mark Andrekovich, Paul R Lederer, Raymond B Ruddy, Richard A Montoni, Russell A Beliveau and Thomas D Romeo. View Institutional Ownership Trends for MAXIMUS.

MMS stock was sold by a variety of institutional investors in the last quarter, including Skandinaviska Enskilda Banken AB publ , Bamco Inc. NY, P2 Capital Partners LLC, FIL Ltd, AJO LP, DekaBank Deutsche Girozentrale, AXA and Standard Life Aberdeen plc. Company insiders that have sold MAXIMUS company stock in the last year include David Francis, Raymond B Ruddy, Richard A Montoni, Russell A Beliveau and Thomas D Romeo. View Insider Buying and Selling for MAXIMUS.

MMS stock was purchased by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., State of Michigan Retirement System, FMR LLC, Charles Schwab Investment Management Inc., UBS Group AG, Renaissance Technologies LLC, Alliancebernstein L.P. and Handelsbanken Fonder AB. View Insider Buying and Selling for MAXIMUS.

Shares of MMS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of MMS stock can currently be purchased for approximately $71.22.

MAXIMUS has a market capitalization of $4.55 billion and generates $2.89 billion in revenue each year. The health services provider earns $240.82 million in net income (profit) each year or $3.72 on an earnings per share basis. MAXIMUS employs 29,600 workers across the globe.View Additional Information About MAXIMUS.

The official website for MAXIMUS is http://www.maximus.com/.

MAXIMUS's mailing address is 1891 METRO CENTER DRIVE, RESTON VA, 20190. The health services provider can be reached via phone at 703-251-8500 or via email at [email protected]