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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$28.63 - $57.14
Previous Close$43.42
Volume1.24M
Average Volume (3M)2.26M
Market Cap
$4.45B
Enterprise Value$3.60K
Total Cash (Recent Filing)$643.90M
Total Debt (Recent Filing)$1.51M
Price to Earnings (P/E)45.7
Beta1.36
Next Earnings
Aug 05, 2026EPS Estimate
0.41Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.03
Shares Outstanding96,788,640
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
$51.40Price Target Upside20.15% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)1.63
Revenue Forecast (FY)$537.66M
Bulls Say, Bears Say
Bulls Say
Very Conservative Balance Sheet And Strong LiquidityExtremely low leverage and a large cash position provide durable financial flexibility. With roughly $551M cash and negligible debt, MIAX can fund product launches, incentives and opportunistic M&A without stressing liquidity, supporting resilience across market cycles.
Robust Free Cash Flow GenerationStrong FCF and meaningful recent growth (TTM ~$188M, ~32% increase) show the business converts revenue into durable cash. Reliable cash generation underpins reinvestment in technology, market data, and product launches and provides a sustained buffer versus cyclical revenue swings.
Outperforming Options Franchise And Pricing PowerOptions segment growth, rising ADV and improved market share demonstrate competitive positioning and order-flow capture. Higher RPC and non-transaction fee growth signal pricing power and better revenue quality, supporting margin durability independent of short-term volume spikes.
Bears Say
Slowing Revenue Growth And Historical VolatilityRevenue growth has decelerated to low single digits versus prior periods, and the company has shown multi-year earnings and cash‑flow volatility. Slower organic growth reduces operating‑leverage upside and makes margins and cash conversion more sensitive to cyclical market activity.
Regulatory Fee Reform UncertaintyPending fee‑rule changes introduce structural uncertainty to transaction and fee revenue. Because MIAX's model relies on fee capture and market‑data economics, regulatory shifts could durably alter revenue mixes and per‑contract economics, complicating forecasting and margin sustainability.
Planned Higher Operating And Marketing SpendManagement plans increased marketing, quoting incentives and headcount for product launches. If these investments take longer to monetize or reduce RPC economics, elevated operating costs could depress margins and cash conversion over multiple quarters, pressuring durable profitability.
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 $28.63 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 $4.45B.
When is Miami International Holdings, Inc.’s upcoming earnings report date?
Miami International Holdings, Inc.’s upcoming earnings report date is Aug 05, 2026 which is in 4 days.
How were Miami International Holdings, Inc.’s earnings last quarter?
Miami International Holdings, Inc. released its earnings results on May 06, 2026. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.366 by $0.054.
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 0.41.
How many shares outstanding does Miami International Holdings, Inc. have?
Miami International Holdings, Inc. has 96,788,640 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 $0.42 in its last earnings report, beating expectations of $0.366. Following the earnings report the stock price went up 4.362%.
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:
$51.40 (20.15% Upside)
$51.40 (20.15% Upside)
Blogger Sentiment
Bullish
MIAX Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 56.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.7%
Last 30 Days ▲ 9.4%
Last 30 Days ▲ 9.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
56.35%
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive view: MIAX reported record revenue, double-digit volume growth, sizable adjusted EBITDA expansion and a strong cash position, while executing strategic initiatives such as the Bloomberg futures launch and international integration. Notable cautions include one-time GAAP gains and tax items inflating reported net income, a Q1 decline in futures revenue, higher operating and marketing spend planned for product launches, episodic market-data revenue, and regulatory uncertainty around fee reform. Management frames most negatives as manageable or early-stage risks while emphasizing durable secular tailwinds and operating leverage.View all MIAX earnings summariesMIAX Stock 12 Month Forecast
Average Price Target
$51.40
▲(20.15% Upside)
Technical Analysis
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Ownership Overview
11.56% Insiders
12.07% Mutual Funds
1.04% Other Institutional Investors
63.33% Public Companies and
Individual Investors