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MIAX Stock Chart & Stats
$45.17
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Market closed
$45.17
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Day’s Range― - ―
52-Week Range$28.63 - $57.14
Previous CloseN/A
VolumeN/A
Average Volume (3M)2.43M
Market Cap
$4.10B
Enterprise Value$2.95B
Total Cash (Recent Filing)$643.90M
Total Debt (Recent Filing)$1.51M
Price to Earnings (P/E)40.8
Beta1.33
Next Earnings
Aug 05, 2026EPS Estimate
0.4Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.03
Shares Outstanding96,788,640
10 Day Avg. Volume1,404,576
30 Day Avg. Volume2,430,777
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 Cap0.72
Enterprise Value/Revenue2.09
Enterprise Value/Gross Profit6.53
Enterprise Value/Ebitda31.85
Forecast
1Y Price Target
$51.80Price Target Upside14.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)1.62
Revenue Forecast (FY)$537.66M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthMIAX’s extremely low leverage and materially grown equity provide durable financial flexibility. A strong cash-and-equity base reduces refinancing risk, supports organic investment, opportunistic M&A and product launches, and cushions earnings volatility over the medium term.
Free Cash FlowConsistent operating cash generation and sizable free cash flow support reinvestment, product development and shareholder returns without reliance on debt. Strong FCF improves resilience to volume swings and funds strategic initiatives like futures and international expansion.
Options Franchise MomentumMIAX’s options business is gaining share and higher-quality order flow, boosting RPC and non-transaction revenues. A growing, differentiated options franchise underpins stable transaction fee economics and long-term competitiveness in multi-listed options markets.
Bears Say
Slowing Revenue GrowthRevenue deceleration and historical volatility limit visibility for sustainable margin expansion. Slower top-line growth constrains operating leverage, raises sensitivity to market-volume cycles, and means new product launches must materially scale to restore prior growth trends.
Regulatory Fee UncertaintyPending options fee reform could structurally alter exchange fee economics and market-data pricing. Uncertainty around final rates complicates revenue forecasting and may weaken MIAX’s pricing power or RPC if reforms reduce allowable fee capture.
Rising Operating ExpensesPlanned increases in marketing, quoting incentives and headcount raise fixed costs near term. If new product ramps (futures, expanded weeklies) are slower or episodic, higher spend could compress EBITDA and free cash flow until revenue catch-up is achieved.
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 $4.10B.
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 15 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 0.4.
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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10
Analyst Consensus
Moderate Buy
Average Price Target:
$51.80 (14.68% Upside)
$51.80 (14.68% Upside)
Blogger Sentiment
Bullish
MIAX Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 56.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 3.5%
Last 30 Days ▲ 3.5%
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 Stock 12 Month Forecast
Average Price Target
$51.80
▲(14.68% Upside)
Technical Analysis
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Ownership Overview
11.56% Insiders
12.07% Mutual Funds
0.44% Other Institutional Investors
63.99% Public Companies and
Individual Investors