Rosenblatt Securities Forecasts Strong Price Appreciation for Miami International (NYSE:MIAX) Stock

Miami International (NYSE:MIAXGet Free Report) had its target price boosted by equities researchers at Rosenblatt Securities from $59.00 to $61.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. Rosenblatt Securities’ price target points to a potential upside of 17.36% from the company’s previous close.

MIAX has been the subject of several other research reports. Zacks Research raised Miami International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 15th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Miami International in a research note on Friday, March 27th. Morgan Stanley lifted their price target on Miami International from $48.00 to $50.00 and gave the stock an “overweight” rating in a research note on Friday, April 10th. Wall Street Zen downgraded Miami International from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Finally, Keefe, Bruyette & Woods initiated coverage on shares of Miami International in a research note on Wednesday, April 8th. They issued a “market perform” rating and a $40.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Miami International currently has a consensus rating of “Moderate Buy” and an average price target of $51.20.

Get Our Latest Stock Report on Miami International

Miami International Stock Up 4.4%

NYSE:MIAX opened at $51.98 on Thursday. The company has a market capitalization of $4.93 billion and a PE ratio of 96.25. Miami International has a 52-week low of $28.63 and a 52-week high of $52.14. The stock has a fifty day simple moving average of $42.13 and a 200-day simple moving average of $43.25.

Miami International (NYSE:MIAXGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.06. The firm had revenue of $369.69 million for the quarter, compared to analyst estimates of $122.74 million. The company’s quarterly revenue was up 40.0% compared to the same quarter last year. During the same period last year, the firm earned $0.38 EPS. As a group, equities analysts anticipate that Miami International will post 1.46 earnings per share for the current year.

Insider Transactions at Miami International

In related news, EVP Douglas M. Schafer, Jr. sold 48,000 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $39.74, for a total value of $1,907,520.00. Following the completion of the transaction, the executive vice president owned 396,681 shares of the company’s stock, valued at approximately $15,764,102.94. The trade was a 10.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Thomas P. Gallagher sold 174,125 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $43.36, for a total transaction of $7,550,060.00. Following the completion of the transaction, the chief executive officer directly owned 1,723,275 shares of the company’s stock, valued at $74,721,204. The trade was a 9.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 687,175 shares of company stock worth $29,675,666 in the last ninety days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Mad River Investors increased its stake in shares of Miami International by 0.6% during the 4th quarter. Mad River Investors now owns 75,050 shares of the company’s stock valued at $3,331,000 after acquiring an additional 450 shares during the last quarter. State of Wyoming acquired a new position in shares of Miami International during the 4th quarter valued at about $26,000. National Bank of Canada FI acquired a new position in shares of Miami International during the 3rd quarter valued at about $29,000. First Trust Advisors LP increased its stake in shares of Miami International by 3.5% during the 4th quarter. First Trust Advisors LP now owns 21,671 shares of the company’s stock valued at $962,000 after acquiring an additional 733 shares during the last quarter. Finally, Coastal Bridge Advisors LLC increased its stake in shares of Miami International by 1.1% during the 4th quarter. Coastal Bridge Advisors LLC now owns 77,415 shares of the company’s stock valued at $3,436,000 after acquiring an additional 850 shares during the last quarter.

Key Stories Impacting Miami International

Here are the key news stories impacting Miami International this week:

  • Positive Sentiment: Miami International reported Q1 earnings of $0.42 per share, topping the $0.36 consensus, while revenue came in at $369.69 million versus $122.74 million expected. Revenue also rose 40% year over year, reinforcing the company’s recent operating momentum. Earnings report and transcript
  • Positive Sentiment: Rosenblatt Securities lifted its price target on MIAX from $59 to $61 and kept a buy rating, signaling continued confidence in the stock’s longer-term outlook.
  • Positive Sentiment: Earlier this week, analysts at JPMorgan and Keefe, Bruyette & Woods also raised their price targets, reflecting broadening analyst attention after the earnings release. JPMorgan moved its target to $45 with a neutral rating, while KBW increased its target to $48 with a market perform rating.
  • Neutral Sentiment: Miami International also released its Q1 2026 earnings call transcript, which may help investors assess management’s comments on growth, margins, and outlook. Earnings transcript
  • Negative Sentiment: Recent insider share sales by Thomas Gallagher and Douglas Schafer, Jr. could weigh slightly on sentiment, as investors sometimes view selling by insiders cautiously. Thomas Gallagher share sale Douglas Schafer Jr. share sale

Miami International Company Profile

(Get Free Report)

Miami International (NYSE:MIAX) is a U.S. exchange holding company that operates electronic trading venues and provides market infrastructure for listed options and related products. Its primary business activities include operating regulated exchanges, delivering market data feeds, and offering trading technology and connectivity services designed for professional traders, broker-dealers, and market makers. The company focuses on low-latency execution, order matching, and the operational controls required to support high-volume, automated trading strategies in listed derivatives.

Products and services provided by Miami International include fully electronic order matching engines, transmittable market data and feed products, colocation and connectivity solutions, and tools for risk management and regulatory compliance.

See Also

Analyst Recommendations for Miami International (NYSE:MIAX)

Receive News & Ratings for Miami International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Miami International and related companies with MarketBeat.com's FREE daily email newsletter.