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MIAX Stock Chart & Stats
$42.78
$0.64(1.50%)
At close: 4:00 PM EDT
$42.78
$0.64(1.50%)
Day’s Range― - ―
52-Week Range$31.60 - $57.14
Previous Close$43.42
Volume1.24M
Average Volume (3M)2.26M
Market Cap
$4.03B
Enterprise Value$3.33K
Total Cash (Recent Filing)$660.46M
Total Debt (Recent Filing)$1.51M
Price to Earnings (P/E)22.1
Beta1.10
Next Earnings
Nov 11, 2026EPS Estimate
0.4Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.87
Shares Outstanding99,230,896
10 Day Avg. Volume1,103,800
30 Day Avg. Volume2,259,771
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)3.52
Price to Sales (P/S)2.27
P/FCF Ratio21.37
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$52.00Price Target Upside21.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)1.63
Revenue Forecast (FY)$538.52M
Bulls Say, Bears Say
Bulls Say
Very Strong Balance SheetA large cash buffer and near-zero debt provide durable financial flexibility: funds for product investment, opportunistic M&A, and the ability to increase FCM net capital and pursue OCC clearing without refinancing risk. This reduces solvency and liquidity risks across market cycles.
Robust Cash GenerationConsistent operating and free cash flow supports self-funded growth, absorbs timing volatility, and underpins reinvestment in technology and commercialization. Strong cash conversion versus net income improves earnings quality and funds capital allocation without reliance on debt.
Strategic Product Launch & Exclusive LicenseA long-term exclusive services license and an OCC clearing tie give structural distribution and clearing advantages for Bloomberg futures. Coupled with proprietary low-latency tech, this provides a durable pathway to diversify revenue beyond options and to capture new order flow over multiple years.
Bears Say
RPC Normalization & Market-share SoftnessIf RPC reverts toward lower levels, per-contract revenue and margins could decline structurally versus the elevated quarter. Combined with small market-share erosion, this highlights durable sensitivity to fee mix, incentive structures and competitiveness across multi-listed options markets, complicating revenue durability.
Futures Monetization Still NascentNew futures products offer diversification but remain early-stage, so revenue upside is uncertain and timing is multi‑period. Realizing scale requires sustained retail/broker distribution, liquidity provision and marketing, meaning expected returns may take many quarters and pressure near-term ROI.
Rising Operating Costs & Share-based CompHigher recurring operating expenses and increased share-based compensation introduce structural cost pressure that can compress operating margins if revenue growth slows. Ongoing marketing and headcount for new products imply persistent expense commitments impacting free cash flow if scale lags expectations.
Miami International Holdings, Inc. News
MIAX FAQ
What was Miami International Holdings, Inc.’s price range in the past 12 months?
Miami International Holdings, Inc. lowest stock price was $31.60 and its highest was $57.14 in the past 12 months.
What is Miami International Holdings, Inc.’s market cap?
Miami International Holdings, Inc.’s market cap is $4.03B.
When is Miami International Holdings, Inc.’s upcoming earnings report date?
Miami International Holdings, Inc.’s upcoming earnings report date is Nov 11, 2026 which is in 81 days.
How were Miami International Holdings, Inc.’s earnings last quarter?
Miami International Holdings, Inc. released its earnings results on Aug 05, 2026. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.408 by $0.072.
Is Miami International Holdings, Inc. overvalued?
According to Wall Street analysts Miami International Holdings, Inc.’s price is currently Undervalued.
Does Miami International Holdings, Inc. pay dividends?
Miami International Holdings, Inc. does not currently pay dividends.
What is Miami International Holdings, Inc.’s EPS estimate?
Miami International Holdings, Inc.’s EPS estimate is 0.4.
How many shares outstanding does Miami International Holdings, Inc. have?
Miami International Holdings, Inc. has 99,230,896 shares outstanding.
What happened to Miami International Holdings, Inc.’s price movement after its last earnings report?
Miami International Holdings, Inc. reported an EPS of $0.48 in its last earnings report, beating expectations of $0.408. Following the earnings report the stock price went down -1.088%.
Which hedge fund is a major shareholder of Miami International Holdings, Inc.?
Currently, no hedge funds are holding shares in MIAX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Miami International Holdings, Inc. Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$52.00 (21.55% Upside)
$52.00 (21.55% Upside)
Blogger Sentiment
Bullish
MIAX Sentiment 100%
Sector Average 57%
Sector Average 57%
Hedge Fund Trend
Decreased
By 254.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.5%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
56.66%
Trailing 12-Months
Company Description
Miami International Holdings, Inc.
Miami International Holdings, Inc. (MIAX) is a financial services corporation that operates diverse marketplaces through its various subsidiaries, facilitating trading across options, futures, and cash equities. Its extensive options suite encompasses MIAX Options, MIAX Pearl, MIAX Emerald, and MIAX Sapphire. For U.S. equities, it provides MIAX Pearl Equities. The company's offerings extend to U.S. futures and their corresponding options traded on MIAX Futures, a platform that also facilitates transactions in hard red spring wheat products. Furthermore, MIAX supports international listings via BSX and TISE. Beyond market operation, MIAX also delivers essential post-trade services. This includes comprehensive clearing for U.S. futures and options through MIAX Futures Clearing, alongside its ownership of Dorman Trading. Dorman Trading, a full-service futures commission merchant, provides execution and clearing services for a broad client base, including introducing brokers, retail investors, institutional firms, and professional traders. Established in 2007, Miami International Holdings, Inc. maintains its headquarters in Princeton, New Jersey.
MIAX Company Deck
MIAX Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: record net revenue, materially improved margins, robust options volume growth, successful product launches (Bloomberg futures) and a strong balance sheet. Key near-term challenges include market-share variability, RPC normalization risk, early-stage futures monetization and higher operating and share-based compensation. Management provided proactive cost guidance and clear commercialization plans for new products, and the positives (large revenue and margin gains, product launches, healthy cash position) notably outweigh the modest execution and modeling risks.View all MIAX earnings summariesMIAX Stock 12 Month Forecast
Average Price Target
$52.00
▲(21.55% Upside)
Technical Analysis
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Ownership Overview
10.89% Insiders
11.77% Mutual Funds
27.24% Other Institutional Investors
38.37% Public Companies and
Individual Investors