MAXIMUS (MMS) Scheduled to Post Earnings on Tuesday

MAXIMUS (NYSE:MMS) is set to post its quarterly earnings results before the market opens on Tuesday, November 20th. Analysts expect MAXIMUS to post earnings of $0.73 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Shares of MMS stock opened at $65.99 on Monday. MAXIMUS has a 12 month low of $60.27 and a 12 month high of $72.71. The firm has a market cap of $4.24 billion, a PE ratio of 21.78, a price-to-earnings-growth ratio of 2.42 and a beta of 0.97.

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 30th. Stockholders of record on Thursday, November 15th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date of this dividend is Wednesday, November 14th. This is a boost from MAXIMUS’s previous quarterly dividend of $0.05. MAXIMUS’s payout ratio is 33.00%.

A number of analysts have recently commented on the stock. Zacks Investment Research upgraded shares of MAXIMUS from a “sell” rating to a “hold” rating in a report on Tuesday, August 14th. Canaccord Genuity boosted their target price on shares of MAXIMUS from $64.00 to $67.00 and gave the company a “hold” rating in a report on Wednesday, October 10th.

In related news, Vice Chairman Richard A. Montoni sold 44,002 shares of the company’s stock in a transaction dated Thursday, September 20th. The shares were sold at an average price of $64.99, for a total value of $2,859,689.98. Following the transaction, the insider now owns 493,476 shares in the company, valued at approximately $32,071,005.24. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Russell A. Beliveau sold 1,000 shares of the company’s stock in a transaction dated Monday, October 1st. The stock was sold at an average price of $63.86, for a total transaction of $63,860.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 66,222 shares of company stock worth $4,307,909. Company insiders own 3.10% of the company’s stock.

WARNING: “MAXIMUS (MMS) Scheduled to Post Earnings on Tuesday” was first posted by WKRB News and is the sole property of of WKRB News. If you are reading this news story on another website, it was illegally stolen and reposted in violation of US and international copyright laws. The legal version of this news story can be accessed at https://www.wkrb13.com/2018/11/19/maximus-mms-scheduled-to-post-earnings-on-tuesday.html.

About MAXIMUS

MAXIMUS, Inc provides business process services (BPS) to government health and human services programs in the United States, the United Kingdom, Australia, Canada, Singapore, and Saudi Arabia. The company's Health Services segment offers various BPS, appeals, and assessments, as well as related consulting services for state, provincial, and national government programs comprising Medicaid, Children's Health Insurance Program, the Affordable Care Act, Health Insurance British Columbia, the Health Assessment Advisory Service, and Preadmission Screening and Resident Reviews.

Read More: Moving Average – How it Helps Investors in Stock Selection

Earnings History for MAXIMUS (NYSE:MMS)

Receive News & Ratings for MAXIMUS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAXIMUS and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply