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    Miami International Holdings, Inc. (MIAX)

    Official site

    FINANCIAL SERVICES • CAPITAL MARKETS • NYSE

    $30.86
    +1.14 (+3.84%)

    Market Cap: $2.93B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    75%(3/4)
    Avg Surprise
    -8.24%
    Streak
    3 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.38
    Range$0.35 - $0.44
    7 analysts
    EPS Revisions
    1
    0
    7d
    6
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.40-4.2%
    60d ago$0.41-6.7%
    30d ago$0.41-7.3%
    7d ago$0.41-7.6%
    Current$0.38
    Revenue Consensus
    $132M
    Range$127M - $143M
    6 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.52
    Range$0.40 - $0.64
    7 analysts
    Revenue Consensus
    $146M
    Range$130M - $169M
    7 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$0.52---
    Sep 26EST
    -$0.38---
    Jun 26
    Reported Aug 5
    $0.48$0.41+17.07%Beat+4.3%
    Mar 26
    Reported May 6
    $0.42$0.36+16.67%Beat-
    Dec 25
    Reported Feb 25
    $0.52$0.41+26.83%Beat-
    Sep 25
    Reported Nov 5
    $0.02N/A-93.55%Miss-
    Jun 25
    Reported Sep 3
    $0.46$0.00N/ABeat-

    Key Metrics

    Valuation
    P/E Ratio21.43EV/EBITDA12.29x
    Price/FCFN/AFCF YieldN/A
    Profitability
    Profit Margin9.70%Operating Margin23.40%
    ROE18.10%ROIC13.18%
    Financial Health
    Debt/Equity0.00xInterest Coverage1.36x
    Current Ratio2.61xQuick Ratio2.61x
    Trading Statistics
    BetaN/AAvg Volume2.04M
    52-Week High$57.1452-Week Low$29.21

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$30.98
    SMA 20$33.23
    SMA 50$38.74
    SMA 200$41.97
    EMA 10$31.19
    EMA 20$33.18
    EMA 50$37.03
    EMA 200$40.51

    MACD

    Line: -2.65Signal: -2.61Hist: -0.04

    ADX

    ADX: 41.3+DI: 14.4-DI: 29.9

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down96.0
    PSAR$29.06

    Bollinger Bands

    Upper Band$38.90
    Lower Band$27.57
    %B Position3412%(Upper)
    Band Width0.29

    RSI (14-Day)

    Neutral
    33.2

    Momentum Oscillators

    Stoch %K14.6
    Stoch %D11.1
    Williams %R-70.9
    ROC (10d)-8.6%
    Momentum-2.89
    CCI (20d)-82.7
    MFI (14d)42.3

    Volatility Measures

    ATR (14d)$1.53(5.0%)
    StdDev (20d)2.83
    Hist Vol49.0%(High)

    Volume Flow

    VWAP$30.39
    OBV22.3M
    AD Line6.3M
    CMF (20d)-0.139

    Volume Metrics

    Avg Vol (20d)2.1M
    Vol Ratio0.8x
    VWMA (20d)$33.47

    Pivot Points

    R3$31.72
    R2$31.05
    R1$30.39
    Pivot Point$29.72
    S1$29.06
    S2$28.39
    S3$27.73

    Advanced Oscillators

    TSI-44.69
    Ultimate Osc51.0
    KST-225.29

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
    Total Revenue$387.63M$369.69M$369.43M$339.78M$327.78M$327.08M$323.90M$276.66M$266.61M$272.91M$257.06M
    Cost of Revenue$246.52M$241.10M$244.93M$230.29M$223.12M$235.19M$242.19M$207.10M$203.13M$212.01M$206.21M
    Gross Profit$141.11M$128.59M$124.50M$109.48M$104.66M$91.88M$81.70M$69.56M$63.48M$60.90M$50.85M
    Operating Expenses$113.32M$82.63M$81.81M$109.79M$77.37M$69.59M$74.55M$70.72M$70.94M$62.27M$52.93M
    R&D$3.18M$984,000$0$759,000$555,000$763,000$0$663,000$0$0$0
    SG&A$27.42M$25.92M$63.41M$28.48M$24.42M$21.79M$59.69M$23.82M$57.23M$49.19M$0
    Operating Income$27.80M$45.97M$42.69M$-305,000$27.29M$22.29M$7.16M$-1,159,000$-7,456,000$-1,730,000$-7,463,000
    Interest Income$5.25M$4.39M$4.04M$2.66M$1.42M$1.29M$0$840,000$0$0$0
    Interest Expense$44,000$45,000$176,000$111.03M$4.90M$4.43M$6.39M$2.21M$2.01M$4.18M$6.60M
    Income Before Tax$28.78M$100.05M$30.87M$-102,890,000$24.66M$-21,210,000$3.27M$-1,646,000$108.63M$-5,168,000$-16,364,000
    Income Tax Expense$-15,426,000$-70,177,000$922,000$-810,000$1.13M$210,000$374,000$1.56M$1.36M$-195,000$-1,289,000
    Net Income$44.21M$170.22M$29.94M$-102,080,000$23.53M$-21,420,000$2.89M$-3,205,000$107.39M$-4,950,000$-14,979,000
    EBITDA$32.35M$103.80M$39.08M$13.71M$36.27M$-10,893,000$15.93M$5.77M$116.16M$3.81M$-2,081,000
    EBIT$23.57M$95.71M$31.04M$5.49M$28.14M$-18,075,000$9.66M$-278,000$110.64M$-1,730,000$-7,463,000
    * Some calculated fields are derived from available data when not provided by source

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    News

    MIAX Valuation and Fair Value

    P/E
    21.4x
    EV/EBITDA
    12.3x
    P/B
    2.6x
    See GNG's fair value

    MIAX Profitability: Margins, ROIC and FCF

    Gross margin
    34.3%
    Operating margin
    23.4%
    Net margin
    9.7%
    ROIC
    13.2%
    ROE
    18.1%
    FCF margin
    16.4%

    MIAX Analyst Ratings

    Consensus
    Buy
    Analysts
    7
    Strong Buy
    1
    Buy
    2
    Hold
    4
    Sell
    0
    Strong Sell
    0

    MIAX Bull Case vs Bear Case

    Bull case

    • MIAX converts 16.4% of revenue into free cash flow.
    • MIAX grew quarterly revenue 18.3% year over year.

    MIAX Earnings: Beat Rate and Next Report

    Beat rate
    4 of 5 quarters (80.0%)
    Average surprise
    -8.2%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.38
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    6 up, 1 down

    Frequently Asked Questions About MIAX

    Does MIAX pay dividends?

    Miami International Holdings, Inc. (MIAX) does not currently pay a regular dividend.

    What is MIAX's P/E ratio?

    Miami International Holdings, Inc. has a price-to-earnings (P/E) ratio of 21.43.

    What is MIAX's market cap?

    Miami International Holdings, Inc. (MIAX) has a market capitalization of $2.93B with a current stock price of $30.86.

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