Miami International Holdings Inc. (MIAX) carries a Roarable Rating of D+ (Sell) with 53/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.
As of 2026-11-03, Miami International Holdings Inc. (NYSE: MIAX) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 53/100 at a spot price of $33.86 (-2.92% 1D, market cap $3.46B). Pillar breakdown: Fundamental Cash Engine 16/20, Institutional 13F & Options Flow 6/20, SEC Balance-Sheet Forensics 11/20, FRED Macro Regime Fit 9/20, and Executive Insider Alignment 11/20. Across 1097 tracked Financials issuers, MIAX ranks #569 in composite RQD confidence.
Within the Financials sector (Investment Bankers/Brokers/Service), MIAX carries a Roarable D+ (53/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 16.2%. By comparison, CII (BlackRock Enhanced Large Cap Core Fund Inc.) holds a D grade (45/100 RQD, P/E N/A, ROIC —, cap $3.45B) and WT (WisdomTree Inc.) posts a C+ grade (67/100 RQD, P/E 28.9x, ROIC 33.3%, cap $3.07B). Among the 5-stock peer group, PIPR leads on earnings multiple (17.3x) while WT leads on capital efficiency (33.3% ROIC).
Per MIAX's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001438472), Miami International Holdings Inc. generated $1.36B in revenue (+19.6% YoY), -$70.0M in net income, and $145.0M in free cash flow against $1.26B in total assets and $0 in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity. Institutional options positioning shows a 50% call / 50% put premium split.
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
SEC XBRL FY 2025 (10-K): 10.6% FCF Margin ($145.0M FCF) & 52% Gross Margin
Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 5/9
Put hedging (50% put share) caps near-term gamma upside (-14 pts vs max)
While MIAX currently carries a cautious 53/100 (D+) rating due to Whale & Options Positioning (6/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.
Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks.
Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($35.87) and Max Pain ($35.55) forces dealer call-delta covering toward $60.00.
Forensic Repair Trigger: Halting share dilution (Cannibal Buyback (-0.96% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.
Miami International Holdings Inc. (MIAX) dropped -2.92% to $33.86, trading at 17% of its 52-week range ($29.06 – $57.14). Stretched risk/reward at current multiples (16% return on capital) under elevated 10-year interest-rate pressure.
Yahoo Finance report covering Miami International Holdings Inc. (MIAX) market action, institutional positioning, and fundamental catalysts.
Nasdaq report covering Miami International Holdings Inc. (MIAX) market action, institutional positioning, and fundamental catalysts.
Seeking Alpha report covering Miami International Holdings Inc. (MIAX) market action, institutional positioning, and fundamental catalysts.
Investing.com report covering Miami International Holdings Inc. (MIAX) market action, institutional positioning, and fundamental catalysts.
Finviz report covering Miami International Holdings Inc. (MIAX) market action, institutional positioning, and fundamental catalysts.
GuruFocus report covering Miami International Holdings Inc. (MIAX) market action, institutional positioning, and fundamental catalysts.
www.marketscreener.com report covering Miami International Holdings Inc. (MIAX) market action, institutional positioning, and fundamental catalysts.
Miami International Holdings just dropped its Q3 2026 scorecard and the ticker immediately ripped higher, closing up 6.97% at $33.63 after a weak 7 day stretch and a much heavier slide over 90 days. Traders are cheering
Options revenue surged 19% as market share expanded and margins expanded dramatically.
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 inv
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +19.6% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on MIAX today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for MIAX. Explore sector supply chains on /butterfly.
Across 1097 tracked Financials securities in the Roarable RQD universe, Miami International Holdings Inc. (MIAX) ranks #569 by composite RQD confidence (53/100, grade D+) and #333 by equity capitalization ($3.46B). Within this direct 5-issuer industry benchmark cohort, PIPR leads on earnings valuation at 17.3x trailing P/E, while WT leads on capital efficiency and profitability with 33.3% ROIC and — gross margin. WT currently holds the highest overall quantitative score in the immediate peer group at 67/100 (C+) compared with MIAX at 53/100 (D+).
| Ticker / Company | Roarable Grade | RQD Score | Trailing P/E | Gross Margin | ROIC | 1D Change | Market Cap | Head-to-Head |
|---|---|---|---|---|---|---|---|---|
| MIAX
ACTIVE
Miami International Holdings Inc. | D+ | 53/100 | — | — | 16.2% | -2.92% | $3.46B | Benchmark Subject |
| CII BlackRock Enhanced Large Cap Core Fund Inc. | D | 45/100 | — | — | — | +0.47% | $3.45B | /cii-vs-miax → |
| WT WisdomTree Inc. | C+ | 67/100 | 28.9x | — | 33.3% | -2.52% | $3.07B | /wt-vs-miax → |
| BULL Webull Corporation (Class A) | D | 51/100 | 116.3x | — | 1.5% | 0.00% | $2.81B | /bull-vs-miax → |
| PIPR Piper Sandler Companies | C | 63/100 | 17.3x | — | 18.3% | -2.18% | $4.76B | /pipr-vs-miax → |
In its most recent audited fiscal period (FY2025, filed 2025-12-31), Miami International Holdings Inc. (MIAX) reported GAAP revenue of $1.36B (+19.6% vs. FY2024 revenue of $1.14B , and +31.0% cumulative change since FY2023) , GAAP net income of -$70.0M, operating cash flow of $167.8M, and free cash flow of $145.0M (+71.2% YoY). On the balance sheet, MIAX closed FY2025 with $1.26B in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 5/9).
| Fiscal Period | Filing Date | Revenue | Net Income | Operating Cash Flow | Free Cash Flow | Total Assets | Total Debt |
|---|---|---|---|---|---|---|---|
| FY2025 (FY) | 2025-12-31 | $1.36B | -$70.0M | $167.8M | $145.0M | $1.26B | $0 |
| FY2024 (FY) | 2024-12-31 | $1.14B | $102.1M | $111.4M | $84.7M | $973.7M | $32.3M |
| FY2023 (FY) | 2023-12-31 | $1.04B | -$20.9M | -$49.2M | -$49.2M | — | — |
As of 2026-11-03, Miami International Holdings Inc. (NYSE: MIAX) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 53/100 at a spot price of $33.86 (-2.92% 1D, market cap $3.46B). Pillar breakdown: Fundamental Cash Engine 16/20, Institutional 13F & Options Flow 6/20, SEC Balance-Sheet Forensics 11/20, FRED Macro Regime Fit 9/20, and Executive Insider Alignment 11/20. Across 1097 tracked Financials issuers, MIAX ranks #569 in composite RQD confidence.
Within the Financials sector (Investment Bankers/Brokers/Service), MIAX carries a Roarable D+ (53/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 16.2%. By comparison, CII (BlackRock Enhanced Large Cap Core Fund Inc.) holds a D grade (45/100 RQD, P/E N/A, ROIC —, cap $3.45B) and WT (WisdomTree Inc.) posts a C+ grade (67/100 RQD, P/E 28.9x, ROIC 33.3%, cap $3.07B). Among the 5-stock peer group, PIPR leads on earnings multiple (17.3x) while WT leads on capital efficiency (33.3% ROIC).
Per MIAX's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001438472), Miami International Holdings Inc. generated $1.36B in revenue (+19.6% YoY), -$70.0M in net income, and $145.0M in free cash flow against $1.26B in total assets and $0 in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity. Institutional options positioning shows a 50% call / 50% put premium split.
MIAX last traded at $33.86 (-2.92% on volume of 1,772,511 shares), positioning the stock -5.60% below its 50-day simple moving average ($35.87) and -17.90% below its 200-day simple moving average ($41.24). Across its 52-week range of $29.06 to $57.14, MIAX sits at the 17.1% percentile with a 14-day RSI of 55.0 (BULLISH MOMENTUM) and an implied next-earnings move of ±9.0% ($30.81 to $36.91).
Miami International Holdings Inc. (MIAX) earns a live Roarable RQD composite score of 53/100, corresponding to a D+ letter grade (Roarable Sell) at a spot price of $33.86 (-2.92% 1D, market capitalization $3.46B).
Miami International Holdings Inc. Is a NYSE-listed issuer in the Financials sector, Investment Bankers/Brokers/Service industry. The profile does not describe its products, customers, or revenue model. The company reported revenue of $1.36B for FY 2025, indicating a sizable operating base.
In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Miami International Holdings Inc. (MIAX) reported $1.36B in annual revenue (up from $1.14B in FY2024, +19.6% YoY) and -$70.0M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($1.04B revenue, -$20.9M net income) through FY2025, MIAX scaled operating cash flow to $167.8M and free cash flow to $145.0M, backed by $1.26B in total assets against $0 in total debt.
Sector correlations and 2nd-order bottlenecks are — Investors should watch whether trading volume and pricing hold up, since the news flow highlights both a volume miss and a market-share and pricing test.
Real-time company headlines, analyst actions, and sector developments for Miami International Holdings Inc. (MIAX) • Click "Debate This Headline" to argue it in the Roar Pit below
Yahoo Finance report covering Miami International Holdings Inc. (MIAX) market action, institutional positioning, and fundamental catalysts.
Nasdaq report covering Miami International Holdings Inc. (MIAX) market action, institutional positioning, and fundamental catalysts.
Seeking Alpha report covering Miami International Holdings Inc. (MIAX) market action, institutional positioning, and fundamental catalysts.
Investing.com report covering Miami International Holdings Inc. (MIAX) market action, institutional positioning, and fundamental catalysts.
Finviz report covering Miami International Holdings Inc. (MIAX) market action, institutional positioning, and fundamental catalysts.
GuruFocus report covering Miami International Holdings Inc. (MIAX) market action, institutional positioning, and fundamental catalysts.
www.marketscreener.com report covering Miami International Holdings Inc. (MIAX) market action, institutional positioning, and fundamental catalysts.
Miami International Holdings just dropped its Q3 2026 scorecard and the ticker immediately ripped higher, closing up 6.97% at $33.63 after a weak 7 day stretch and a much heavier slide over 90 days. Traders are cheering
Picked up a starter position in MIAX in my $100K Virtual Cash book at $33.63. ROIC of 16.2% and FCF yield of 4.65% show the business earning solid returns on capital, and FY 2025 operating income turned positive at $92.0M.. Trading inside a $29.06–$57.14 52-week range with 4.65% FCF yield gives solid downside support if Investment Bankers/Brokers/Service multiples expand this quarter.
@BearTrap_Alert Shorting a 6/20 institutional whale-flow stock at $33.63 is dangerous when funds are rotating into Financials.
Careful chasing MIAX at $33.63. A weak 4/20 whale 13F flow pillar, a volume-miss price target cut, and a FY 2025 net loss of -$70.0M despite positive operating income weigh on the outlook.. Gross margin is 0.0%, but operating margin is 6.7%, which shows SG&A and reinvestment are eating into bottom-line EPS. Target $25.22 on multiple compression.
To protect compute speed and zero-delay Cboe BZX data quality for active members, our current $9.95/month Roarable Pro cohort is 100% full. Join the priority waiting list below and we will notify you the moment the next batch of Pro accounts opens (and lock in your $9.95/mo rate).
Link your personal ChatGPT, Claude Desktop, or Cursor via Roarable's Model Context Protocol (`mcp.roarable.com`) to query all 5,289 stocks, inspect Butterfly supply chains, and trade your `$100K Arena` account.
Interrogate SEC 10-K/10-Q filings on demand and ask custom ticker, valuation, or short-thesis questions directly to any of our 8 specialized AI Quant Analysts.
Command our AI agents to sort and sift 5,289 stocks by custom formulas, follow multi-indicator technical & cash-flow setups, and send you instant Email/SMS breakout & downgrade alerts.
Unlock sub-second Cboe BZX streaming quotes, pre-market/after-hours delta scanners, instant SEC Form 4 insider cluster alerts, and unlimited portfolio stress-testing.
All 8 Roarable Analysts (Mara Quenwick, Gideon Ashmere, Ellis Vennor, Tessa Rookmere, Soren Halewick, Iona Brackenford, Nadia Vellacrest, and Felix Orven) are proprietary AI Quant Analysts and automated algorithmic specialists — not human financial advisors, fiduciaries, or registered broker-dealers. While one-to-many daily stock ratings and briefings are free, custom 1-on-1 Q&A, custom AI sifting/indicator alert agents, and personal ChatGPT/Claude MCP connections consume dedicated per-user compute and require a $9.95/month Roarable Pro membership. All AI outputs are for educational and research purposes only and never constitute individualized investment advice.
Enter your first name and email address below for instant 1-step account activation, daily A–E stock rating alerts, and immediate access to your $100,000.00 Virtual Cash Arena account (100% free — no credit card required).
Your $100,000 Virtual Cash Trading Account is active! Add your mobile number below if you want our #1 Weekly Quant Top Pick plus urgent breaking market alerts & SEC Form 4 CEO cluster-buy flashes sent straight to your phone: