MIAX

Miami International Holdings, Inc.
NYSEFINANCIAL SERVICESCAPITAL MARKETS

Key Statistics

Market Cap
$3.45B
P/E Ratio
11.77
EPS
$2.93
Beta
—
52W High
$57.14
52W Low
$29.06
50-Day MA
$35.76
200-Day MA
$41.21
Dividend Yield
—
Profit Margin
19.80%
Forward P/E
—
PEG Ratio
—

About Miami International Holdings, Inc.

Miami International Holdings, Inc. (MIAX) is a prominent player in the global financial services sector, recognized for operating the Miami International Exchange, which serves institutional investors in the options and derivatives markets. The company's commitment to leveraging advanced technology significantly enhances trading efficiency while addressing the evolving needs of its clients. MIAX emphasizes innovation, stringent risk management, and regulatory compliance, establishing itself as a trustworthy and competitive exchange in a dynamic marketplace. This strategic positioning allows MIAX to attract a diverse array of liquidity providers, strengthening its role in financial ecosystems worldwide.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$1.50B
Gross Profit (TTM)$525.22M
EBITDA$235.80M
Operating Margin12.60%
Return on Equity28.90%
Return on Assets8.85%
Revenue/Share (TTM)$16.38
Book Value$12.21
Price-to-Book2.83
Price-to-Sales (TTM)2.30
EV/Revenue1.837
EV/EBITDA10.69
Quarterly Earnings Growth (YoY)32.70%
Quarterly Revenue Growth (YoY)10.70%
Shares Outstanding$100.06M
Float$94.09M
% Insiders9.59%
% Institutions74.04%

Historical Volatility

HV 10-Day
51.58%
HV 20-Day
46.09%
HV 30-Day
52.87%
HV 60-Day
46.46%
HV Rank
91.3%

Volatility is currently contracting

Analyst Ratings

Consensus ($44.80 target)
1
Strong Buy
2
Buy
4
Hold

Latest News

The Best Businesses I Know Are 30% Off - I'm Buying

I spotlight Rollins, Miami International Holdings, and Old Dominion Freight Line as high-quality stocks sold off on macro or structural headwinds. ROL faces digital lead flow disruption from AI-driven search but maintains high margins, strong cash flow, and a below-average 30.1x P/E. MIAX, despite near-term market share and volume pressures, boasts expanding margins, a robust balance sheet, and a credible path to higher per-contract economics.

Seeking Alpha11/4/2026Positive
MIAX Files with the SEC to Offer Cash-settled Binary Index Options and KPI Binary Options on its SEC-registered Exchanges

MIAMI and PRINCETON, N.J., Nov. 3, 2026 /PRNewswire/ -- Miami International Holdings, Inc. (MIAX®) (NYSE: MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today announced that MIAX Options® submitted proposed rule filings to the Securities and Exchange Commission (SEC) to offer cash-settled binary index options — including contracts based on its exclusively-licensed Bloomberg equity indices — and cash-settled binary options tied to company key performance indicators (KPIs), on one or more of its SEC-registered exchanges, pending regulatory review.

PRNewsWire11/3/2026Neutral
What Miami International (MIAX) Said on Its Q3 Earnings Call

Miami International NYSE: MIAX reported third-quarter 2026 net revenue of $131 million, up 20% from a year earlier, as the exchange operator increased options-market share and expanded profitability while continuing investments in futures products.

MarketBeat10/30/2026Positive
Miami International: Q3 Growth And Operating Leverage Impress (Rating Upgrade)

Miami International Holdings is upgraded to 'strong buy' following robust Q3 results and an unjustified sell-off. MIAX posted 20% revenue growth, 47% EBITDA growth, and expanded margins, driven by secular options trading volume and operating leverage. Options remain the core profit driver, with market share gains and strong non-transaction revenue growth, while futures and international units show encouraging progress.

Seeking Alpha10/30/2026Positive
Miami International Holdings Reports Third Quarter 2026 Results

Q3 Net revenue of $131 million (+20% YoY) Q3 GAAP diluted EPS of $0.47; Adjusted diluted EPS of $0.45 Q3 Adjusted EBITDA of $71 million (+47% YoY); Adjusted EBITDA margin of 54% (+>1,000 bps YoY) Updates full-year 2026 expense guidance PRINCETON, N.J. and MIAMI, Oct. 29, 2026 /PRNewswire/ -- Miami International Holdings, Inc. (MIAX or MIH) (NYSE: MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today announced financial results for the third quarter of 2026.

PRNewsWire10/29/2026Neutral
My 3 Favorite Stocks To Build Serious Wealth Right Now

Amazon, Ares Management, and MIAX are my top picks in a market driven by AI capex and selective profitability. AMZN's massive AI-backed capex is supported by strong demand, with potential for $1 trillion in AWS revenue and double-digit EPS growth. ARES offers private credit exposure, robust AUM growth, and a near 5% yield, trading at a six-year low P/E with double-digit EPS growth expected.

Seeking Alpha10/21/2026Positive
MIAX Launches Physically-settled Fertilizer Futures on MIAX Futures

MIAMI and PRINCETON, N.J., Oct. 21, 2026 /PRNewswire/ -- Miami International Holdings, Inc. (MIAX®) (NYSE: MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today announced the successful launch of four physically-settled fertilizer futures contracts on MIAX Futures® — NOLA Urea (Ticker: MGU) Futures, NOLA Mono-ammonium Phosphate (Ticker: MAP) Futures, NOLA Di-ammonium Phosphate (Ticker: DAP) Futures, and NOLA Potassium Chloride (Ticker: MOP) Futures.

PRNewsWire10/21/2026Neutral
MIAX Announces Bloomberg Equity Index Futures Now Available on NinjaTrader

Tini B500 Index Futures and Tini B100 Index Futures available for NinjaTrader customers PRINCETON, N.J. and MIAMI, Oct. 15, 2026 /PRNewswire/ -- Miami International Holdings, Inc. (MIAX®) (NYSE: MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today announced Tini® Bloomberg® 500 (B500) Index Futures and Tini Bloomberg 100 (B100) Index Futures are now available to eligible NinjaTrader Group customers.

PRNewsWire10/15/2026Neutral
Miami International Holdings Reports September 2026 Trading Results

MIAX Exchange Group reports 22.0% increase in multi-list options ADV YTD PRINCETON, N.J. and MIAMI, Oct. 6, 2026 /PRNewswire/ -- Miami International Holdings, Inc. (MIAX) (NYSE: MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today reported September 2026 trading results for its U.S. exchange subsidiaries — MIAX®, MIAX Pearl®, MIAX Emerald® and MIAX Sapphire® (collectively, the MIAX Exchange Group), and MIAX Futures®.

PRNewsWire10/6/2026Neutral

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Data last updated: 11/7/2026