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Miami International Holdings, Inc. (MIAX)
NYSE:MIAX
MIAX Stock Chart & Stats
$40.98
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Market closed
$40.98
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Day’s Range― - ―
52-Week Range$28.63 - $51.38
Previous CloseN/A
VolumeN/A
Average Volume (3M)1.46M
Market Cap
$3.78B
Enterprise Value$3.27B
Total Cash (Recent Filing)$509.73M
Total Debt (Recent Filing)$1.51M
Price to Earnings (P/E)32.4
Beta0.40
Next Earnings
Nov 11, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.52
Shares Outstanding91,651,480
10 Day Avg. Volume1,816,810
30 Day Avg. Volume1,461,516
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 Cap0.87
Enterprise Value/Revenue2.40
Enterprise Value/Gross Profit7.88
Enterprise Value/Ebitda-124.17
Forecast
1Y Price Target
$50.00Price Target Upside22.01% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)1.42
Revenue Forecast (FY)$511.13M
Bulls Say, Bears Say
Bulls Say
Margin Expansion And Cost ControlManagement guided operating expense growth below consensus while a scalable technology platform allowed costs to grow more slowly than revenue, supporting meaningful margin expansion and stronger-than-expected earnings.
Product AdoptionManagement reports early success with new weekday short-dated option expirations, generating volumes comparable to traditional expirations and indicating potential to increase trading activity and capture additional option market share.
Retail Product ExpansionPlanned launch of Bloomberg index futures with retail-sized contracts and competitive pricing aims to attract retail brokers and broaden retail participation, creating a potential new revenue stream.
Bears Say
Market Share SustainabilityMarket share gains were partly driven by temporary testing by a major member, and when testing effects are removed the underlying market share growth appears more modest, raising concerns about durability of recent gains.
Product Launch Execution RiskA delayed launch of a major futures product to ensure full connectivity of market participants introduces execution risk and could postpone anticipated revenue from the new product.
Valuation ConstraintStock valuation is roughly in line with peers, suggesting limited valuation upside despite operational momentum and potentially constraining investor returns.
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 $51.38 in the past 12 months.
What is Miami International Holdings, Inc.’s market cap?
Miami International Holdings, Inc.’s market cap is $3.78B.
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 245 days.
How were Miami International Holdings, Inc.’s earnings last quarter?
Miami International Holdings, Inc. released its earnings results on Feb 25, 2026. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.408 by $0.112.
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 for its next earnings report is not yet available.
How many shares outstanding does Miami International Holdings, Inc. have?
Miami International Holdings, Inc. has 91,651,480 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 $0.52 in its last earnings report, beating expectations of $0.408. Following the earnings report the stock price went up 2.098%.
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
Outperform
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$50.00 (22.01% Upside)
$50.00 (22.01% Upside)
Blogger Sentiment
Bullish
MIAX Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 598.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $722.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 3.8%
Last 30 Days ▲ 1.9%
Last 30 Days ▲ 1.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Fundamentals
Return on Equity
-11.16%
Trailing 12-Months
Asset Growth
28.00%
Trailing 12-Months
Company Description
Miami International Holdings, Inc.
Miami International Holdings, Inc., through its subsidiaries, operates various markets across options, futures, and cash equities. Its markets include options through MIAX Options, MIAX Pearl, MIAX Emerald, and MIAX Sapphire; U.S. equities through MIAX Pearl Equities; U.S. futures and options on futures through MIAX Futures; and international listings through BSX and TISE. The company also trades hard red spring wheat futures and options on MIAX Futures; offers clearing services for U.S. futures and options through MIAX Futures Clearing; and owns Dorman Trading, a full-service futures commission merchant provides execution and clearing services for introducing brokers, retail customers, institutional clients, and professional traders. Miami International Holdings, Inc. was incorporated in 2007 and is headquartered in Princeton, New Jersey
MIAX Company Deck
MIAX Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated a predominantly positive operational and financial story: strong top-line growth, substantial margin expansion, record options market share and solid cash on the balance sheet. Management highlighted multiple strategic initiatives (product launches, acquisitions, strategic sale and partnerships) that position the company for further growth. Key risks were also acknowledged — rising operating expenses, revenue sensitivity to market volatility, a modest near-term pullback in futures revenue, and a delayed futures launch — but these were framed as manageable and tied to deliberate investments and timing. On balance, the positive results and strategic progress materially outweigh near-term execution and timing challenges.View all MIAX earnings summariesMIAX Stock 12 Month Forecast
Average Price Target
$50.00
▲(22.01% Upside)
Technical Analysis
LPL Financial
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Raymond James Financial
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Robinhood
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Ownership Overview
13.11% Insiders
7.65% Mutual Funds
15.16% Other Institutional Investors
60.08% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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