MAXIMUS, Inc. (MMS) is a leading provider of government services worldwide. Established in 1975, and headquartered in Reston, Virginia, the company mainly aims at helping government organizations resolve their critical needs and challenges. Guided by its mission "Helping Government Serve the People," MAXIMUS delivers high-quality, cost-effective, human services programs that fuel better outcomes for its clients.
The company operates through three segments: U.S. Health and Human Services, U.S. Federal Services, and Outside the U.S., serving a diverse customer base in a broad range of sectors, whether it's a state, federal, or local government, or international customers. MAXIMUS essentially focuses on administering government-sponsored programs such as Medicaid, Medicare, Children's Health Insurance Program (CHIP), Affordable Care Act (ACA) and many more.
In its long service history, MAXIMUS has built an impressive reputation for providing state-of-the-art digital solutions, consulting, and technical services to assist government agencies in making their operations more efficient, effective, and in compliance with regulatory guidelines. Operating on a large scale, the company has a vast number of employees located across the globe, offering an array of services that proliferates into the realms of health and human services, digital solutions, program management, workforce development, and more.
One of the unique selling propositions of MAXIMUS is its customer-centric approach. They are widely recognized for their excellence in customer service, winning several prestigious accolades in recognition of the same. The company is devoted to improving the health, employment, and financial independence of citizens around the world and makes a substantial impact on the lives of millions of people each year.
The company demonstrates strong financial stability, which can be gauged by its regular presence on the Fortune 500 list. It is publicly traded on the NYSE with the ticker symbol MMS, holding a favorable market position with persistent growth, a robust financial performance, and a track record of strong competitive bid wins.
In conclusion, MAXIMUS, Inc. represents an amalgamation of proven expertise, innovative solutions, and a relentless commitment to serving public sector organizations. By helping government deliver on its promises, MAXIMUS continues to emerge as an ally in public service, geared towards assisting those in need and creating a better society.
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Third Avenue Small-Cap Value Fund initiated a position in Maximus, Inc. (MMS) in Q2 2026, despite its recent stock decline. The fund views Maximus, a government services company specializing in technology-forward consulting, as undervalued given its strong technological capabilities and institutional knowledge in government program administration. They believe the company's valuation presents an attractive opportunity, especially with management's confidence in operational guidance and the use of AI to improve margins.

Deutsche Bank AG has acquired a new stake in Maximus, Inc. (NYSE:MMS), purchasing 328,007 shares valued at approximately $17.6 million, which gives them a 0.62% ownership. This comes as analyst sentiment for Maximus has weakened, with Zacks Research downgrading the stock to "strong sell" and Wall Street Zen cutting its rating to "hold." Despite slightly beating EPS estimates, the company missed revenue expectations and saw a 5.1% year-over-year sales decline.
This article identifies three underfollowed small-cap financial stocks—Maximus (MMS), Exzeo Group (XZO), and HCI Group (HCI)—that could thrive in a high-interest-rate environment. These companies, highlighted from the "High Quality Undiscovered Gems" screener, offer resilience and growth potential by operating in areas like government services modernization and InsurTech, despite potential risks like contract concentration or reliance on external factors. The article suggests these stocks could be valuable additions to a long-term portfolio before they gain widespread institutional attention.
Maximus (MMS) has drawn investor attention after its fiscal 2026 third-quarter results and updated guidance indicated revenue near the lower end of expectations, citing contract delays and weaker award conversion. Despite a 35.17% year-to-date share price decline, the company is still considered 43.9% undervalued with a fair value of $100 based on expectations of expanded demand due to new federal legislation. However, this valuation depends on timely contract rollouts and assumes no insourcing or client shifts to competitors.

Walleye Capital LLC has acquired a new stake in Maximus, Inc. (NYSE:MMS), purchasing 384,021 shares valued at approximately $20.6 million. This move comes as institutional investors collectively own 97.21% of Maximus, despite recent analyst downgrades leading to a "Reduce" consensus rating for the stock. Maximus recently reported quarterly EPS of $2.22, exceeding expectations, but revenue decreased by 5.1% year-over-year to $1.28 billion.

Bank of America Corp DE reduced its stake in Maximus, Inc. (MMS) by 19.6% in the first quarter, selling 137,118 shares and retaining 563,486 shares valued at $36.1 million. Maximus reported quarterly EPS of $2.22, beating estimates, but revenue of $1.28 billion missed expectations and was down 5.1% year-over-year. The company also declared a quarterly dividend of $0.33, while analysts have given the stock an average "Reduce" rating.

Maximus (MMS) reported Q3 2026 earnings, meeting revenue expectations but revising full-year EPS guidance downward due to a temporary suspension of performance incentives on a VA contract. Despite this, the company projects a return to positive organic growth in its U.S. Services segment in Q4 2026 and continues to prioritize technology investments, AI integration, and expansion into defense markets to diversify revenue and improve margins. Management expressed confidence in securing the VA MDE rebid and highlighted strong engagement in SNAP and Medicaid-related opportunities driven by H.R. 1 legislation.