MAXIMUS INC (MMS)
Industrials · Government IT and Business Process Outsourcing · NYSE
Maximus is a technology-enabled services provider that powers the administration of complex government health and human services programs.
What MAXIMUS INC does
Maximus is a leading provider of government services, operating and managing complex public sector programs and health and human services initiatives. The company helps government agencies modernize their service delivery and improve citizen outcomes through technology-enabled solutions and operational support. It focuses on supporting safety-net programs and mission-critical government infrastructure.
Themes: government technology services, citizen services modernization, health and human services outsourcing, public sector digital transformation, AI for public administration
Fundamentals
- Price$58.22 as of 2026-08-21 close
- Market cap$3.0B as of 2026-08-21
- 1-year return-31.8% 2025-08-21 close $85.41 → 2026-08-21 close $58.22
- P/E7.71 as of 2026-08-24
- Net margin+7.1% as of 2026-08-24
- Gross margin+25.6% as of 2026-08-24
- ROE+21.7% as of 2026-08-24
- Debt / equity0.94 as of 2026-08-24
- Revenue growth (YoY)-3.3% as of 2026-08-24
- Revenue CAGR (3y)+5.5% SEC XBRL
- Beta0.59 as of 2026-08-24
- Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +1.4%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How MMS compares in its sector
- price-to-earnings ratiobottom 10% 357 covered Industrials peers, as of 2026-08-24
- net profit marginmiddle range 457 covered Industrials peers, as of 2026-08-24
- operating marginmiddle range 457 covered Industrials peers, as of 2026-08-24
- gross marginmiddle range 455 covered Industrials peers, as of 2026-08-24
- return on equitytop 25% 460 covered Industrials peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 426 covered Industrials peers
- indicated dividend yieldmiddle range 267 covered Industrials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)middle range 414 covered Industrials peers, as of FY2025
Position among covered Industrials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
MMS is not currently in any published Top 10 list. Its scores are below.
Long-term score
42.2 #764 of 987 scored · #152 of 197 in Industrials
Valuation 73rd (price to earnings 7.7, price to book 3) and capital return 71st (consecutive years of dividend increases 5 years); weakest is long-term trend (11th, over the past 12 months this stock lagged the market by 52.3 percentage points).
Short-term score
29.3 #1647 of 1,704 scored · #268 of 283 in Industrials
Momentum 41st: its RSI momentum gauge is in neutral territory; trend 40th: the price is 3% above the average price paid over the period covered, so the typical buyer over that stretch is showing a gain; weakest is volume and participation 11th: it gapped 8.3% below the previous close and has not traded back through the level it left behind — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed.
Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, MMS's dividend was covered by reported results (earnings payout 22%, free-cash-flow payout 19%). This describes past coverage, not a forecast.
- Earnings payout22% dividends / net income
- Free-cash-flow payout19% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How MAXIMUS INC looks technically
MAXIMUS INC (MMS) is trading 19.1% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 103 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 16, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 51, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 9 trading days ago. It is 41.8% below its highest point of the past year.
Trend
7
| Distance from the 200-day | it is trading 19.1% below its 200-day average, the long-term trend line — a long-term downtrend | -19.1% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $57.89 | $57.89 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $71.96 | $71.96 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 9 calendar days ago — the swings before that are what the structure reading is measured on | 9 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 103 trading days ago — a "death cross", a bearish long-term signal | 103 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 16, below the 25 that marks a real trend) | 16.2 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 51, neither overbought (above 70) nor oversold (below 30) | 50.9 |
|---|---|---|
| Position in its 14-day range | it is trading around the middle of its 14-day range ($53.42 to $63.80) — its "stochastic" reading is 46 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 46.2 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 11 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $100.00 | $100.00 |
|---|---|---|
| From the 52-week high | it is 41.8% below its 52-week high (its highest price of the past year) | -41.8% |
| Above the 52-week low | it is 10.4% above its 52-week low (its lowest price of the past year) | +10.4% |
| Below the 52-week high | it is 41.8% below its highest point of the past year | 41.8% |
| Since a 20-day breakout | it made a new 20-day low about 9 trading days ago | 9 sessions |
| Since a 55-day breakout | it made a new 55-day high about 14 trading days ago | 14 sessions |
| All-time high | its highest closing price on record is $100.00 (set on 2026-01-23) | $100.00 |
| Given back of the 52-week move | over the past year its closes ranged ($53.76 to $98.93), and it has recovered only a small part of its fall from last year’s high — 10% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $81.68 to $83.12. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 9.9% |
| From the all-time high | it is 41.8% below its all-time high | -41.8% |
| Nearest price level | it is trading 4.4% below a resistance level at $60.77 — a price it turned at twice since 2026-04-02, most recently on 2026-07-17. Since 2024-08-21 it has 1 such level below the current price and 13 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +4.4% |
| All-time low | its lowest closing price on record is $5.59 (set on 2006-06-27) | $5.59 |
| Above the all-time low | it is 942.0% above its all-time low | +942.0% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 82% of the past ~6 months) | 82nd percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $2.16 between its high and its low — about 3.7% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $2.16 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $52.46 and $65.00 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $52.46 – $58.73 – $65.00 |
| Typical daily range (% of price) | its price moves about 3.7% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.7% |
| Stretch from the 200-day average | it is trading 6.4 daily ranges below its 200-day average price (19.1% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 6.4 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.61× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Price gaps
3
| Gap at the open | it opened on 2026-08-21 at essentially the same price it closed at the session before — no meaningful overnight gap | +0.1% |
|---|---|---|
| Open gap | it gapped 8.3% below the previous close 11 sessions ago and has not traded back through the level it left behind at 63.15 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -8.3% |
| Gap filled | a 2.3% gap down opened on 2026-07-30 has been "filled" 13 sessions ago — price traded back through the level the gap left behind, and it took 3 sessions to close | 13 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 0.4 percentage points (the stock gained 2.8% while the market gained 2.3%) | +0.4% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 8.3 percentage points (the stock lost 5.2% while the market gained 3.1%) | -8.3% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 32.2 percentage points (the stock lost 21.1% while the market gained 11.1%) | -32.2% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 52.3 percentage points (the stock lost 31.8% while the market gained 20.5%) | -52.3% |
Signal agreement
2
| Bullish technical signals | 0 of the 9 technical signals we can compute for it are currently in a bullish state — these describe past price behaviour, not a forecast | 0 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, MACD momentum is negative, lagging the market over 6 months — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is moderate, spanning 6.7% of the share price. | 0.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 14% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $67.83 — a volume-weighted average of daily closes over 158 sessions, not a true tick-by-tick VWAP. | -14.2% |
|---|---|---|
| Vs the average paid since it last reported | the price is 3% above the average price paid since it last reported on 2026-08-06 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $56.70 — a volume-weighted average of daily closes over 12 sessions, not a true tick-by-tick VWAP. | +2.7% |
Price levels it has turned at before
MMS last closed at $58.22 on 2026-08-21. Since 2024-08-21 it has turned at 1 price below its last close and 13 above; the nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $60.77 | Resistance | 4.4% above the last close | turned there twice · 2026-04-02 to 2026-07-17 |
| $53.19 | Support | 8.7% below the last close | turned there three times · 2026-06-22 to 2026-08-12 |
| $63.52 | Resistance | 9.1% above the last close | turned there four times · 2025-02-28 to 2026-08-05 |
| $65.18 | Resistance | 11.9% above the last close | turned there four times · 2025-03-12 to 2025-05-01 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · trendless / choppy (low ADX) · lagging the market · Stretched far below its 200-day average (6+ daily ranges) · Trading inside the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (2.00 mean, 1=Strong Buy…5=Strong Sell) — 2 analysts
- Mean price target$92.50 range $75.00 – $110.00
Analyst estimates, as of 2026-08-22. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for MMS
- Consensus EPS estimate$1.85 next reporting period, as of 2026-08-22
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Heavy reliance on government contracts and potential for contract non-renewal or termination","Vulnerability to changes in government budgetary, spending, and regulatory policies","Operational and financial risks from cybersecurity incidents and protection of confidential data"]
What changed in the latest 10-Q
AI-assisted comparison of MMS's 10-Q filed 2026-05-07 against the prior one filed 2026-02-05.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-05-07) includes consolidated financial results for six months ended March 31, 2026 and March 31, 2025, with comparative data not present in older filing
- Newer filing includes Table MD&A 3 showing six-month changes in Revenue, Cost of Revenue, and Gross Profit for the six months ended March 31, 2026
- Newer filing specifies that SG&A expense for six months ended March 31, 2026 includes $9.0 million divestiture-related gain from child support business sale in December 2025
- Newer filing states intangible assets from 2021 acquisition are $380.4 million as of March 31, 2026
- Newer filing notes amortization of intangible assets over 'remaining useful life of approximately seven years' for MDE contracts
- Removed:
- Older filing (2026-02-05) included three-month financial results for December 31, 2025 and December 31, 2024, which are not in newer filing
- Older filing included Table MD&A 3 with U.S. Federal Services Segment financial results for three months ended December 31, 2025 and December 31, 2024
- Older filing stated 'Corporate costs are allocated to segments on a consistent and rational basis' (present in older but not newer)
- Older filing specified intangible assets from 2021 acquisition at $393.7 million
- Older filing included forward-looking tax rate guidance: 'For fiscal year 2026, we expect an overall effective tax rate between 24.5% and 25.5%'
- Older filing stated amortization over 'the remaining seven years' (less specific wording than newer)
- Reworded:
- Cost of revenue description changed from 'labor and related overhead' (older) to 'labor and its associated overhead' (newer)
- Financial Overview section changed from 'first quarter' (older, December 31, 2025) to 'second quarter' (newer, March 31, 2026)
- SG&A allocation language refined: older states 'Corporate costs are allocated'; newer states 'We allocate corporate costs'
- Older SG&A section referenced 'three months ended December 31, 2024 includes divestiture-related charges of $38.3 million'; newer references six-month period with $39.3 million charges
- Notes:
- The two filings cover different reporting periods (Q1 2026 ending December 31, 2025 in older filing vs. Q2 2026 ending March 31, 2026 in newer filing), so many changes reflect updated comparative data rather than substantive business changes
- Newer filing text appears truncated at 'Our effective tax rate for the first half of fiscal year 2026 includes approximat', preventing full assessment of Provision for Income Taxes section
- Older filing text also appears truncated after 'three months ended December 31, 2024. Our cost of revenue for the three months ended December 31, 2025 decreased 5.9% compared to the'
Risk Factors
- Added:
- Added reference to 'or any cybersecurity incidents' in the cybersecurity risk factor (newer filing, 2026-05-07)
- Added 'and service offerings' to forward-looking statements risk description (newer filing, 2026-05-07)
- Removed:
- Removed reference to only 'our previously disclosed cybersecurity incident' standalone language (older filing, 2026-02-05)
- Reworded:
- Cybersecurity risk factor expanded from 'our discovery of additional information related to our previously disclosed cybersecurity incident and any potential legal, business, reputational, or financial consequences resulting from that incident' to include 'or any cybersecurity incidents' (newer filing broadens scope)
- Forward-looking statements changed from 'acceptance of our products' to 'acceptance of our products and service offerings' (newer filing, 2026-05-07)
- Notes:
- The two filings compare different fiscal periods (Q1 FY2026 ending March 31, 2026 vs Q1 FY2025 ending December 31, 2025), which accounts for different financial statement periods shown
- Page numbers differ between filings (37 vs 34 for Item 1A Risk Factors), suggesting document length variations
- Only the forward-looking statements section and related risk factor language were fully comparable; the financial statements sections contain different reporting periods and cannot be directly compared for changes to risk disclosure
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days.
- Last 180 days0 buys · 1 sell ($53610) — 1 selling insider
Most recent open-market transaction: 2026-03-17. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about MMS's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding MMS as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 18,278,110
- Reported value $1,171,626,822
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 2 increased, 3 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
MMS had 3,102,518 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
MMS had 5.93% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 5.11 days to cover at the same settlement.
- Reported short interest (shares) 3,102,518
- Short interest (% of shares outstanding) 5.93%
- Prior settlement (shares) 3,131,469
- Reported change -0.92%
- Days to cover (reported) 5.11
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- CACI International (CACI)
- Leidos Holdings (LDOS)
- Science Applications International Corp (SAIC)
- Booz Allen Hamilton (BAH)
- General Dynamics Information Technology
- Accenture Federal Services
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare MMS vs…
Frequently asked questions
What does MAXIMUS INC (MMS) do?
Maximus is a leading provider of government services, operating and managing complex public sector programs and health and human services initiatives. The company helps government agencies modernize their service delivery and improve citizen outcomes through technology-enabled solutions and operational support. It focuses on supporting safety-net programs and mission-critical government infrastructure.
What sector is MAXIMUS INC (MMS) in?
MAXIMUS INC (MMS) is classified in the Industrials sector. Its industry is Government IT and Business Process Outsourcing. It trades on NYSE.
Does MMS pay a dividend?
Yes — MAXIMUS INC (MMS) pays a dividend, with an indicated yield of about 1.43% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are MAXIMUS INC's (MMS) competitors?
Notable peers of MAXIMUS INC (MMS) include CACI International, Leidos Holdings, Science Applications International Corp, Booz Allen Hamilton and General Dynamics Information Technology. This peer set is informational only — not financial advice.
Is MAXIMUS INC (MMS) overbought or oversold right now?
MAXIMUS INC (MMS) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 51, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on MMS come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.