Miami International (NYSE:MIAX) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Miami International (NYSE:MIAX) had its price target hoisted by stock analysts at Morgan Stanley from $48.00 to $50.00 in a research report issued on Friday, MarketBeat reports. The firm currently has an “overweight” rating on the stock. Morgan Stanley’s target price would indicate a potential upside of 19.26% from the company’s previous close.

A number of other research analysts have also weighed in on the company. Wall Street Zen lowered Miami International from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Zacks Research lowered Miami International from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Keefe, Bruyette & Woods assumed coverage on Miami International in a report on Wednesday. They issued a “market perform” rating and a $40.00 target price on the stock. Rosenblatt Securities restated a “buy” rating and issued a $59.00 target price on shares of Miami International in a report on Tuesday, April 7th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Miami International in a report on Friday, March 27th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $47.60.

Miami International Price Performance

Shares of NYSE MIAX opened at $41.93 on Friday. The stock has a market capitalization of $3.84 billion and a P/E ratio of 77.64. The company has a 50-day moving average price of $40.50 and a 200-day moving average price of $42.82. Miami International has a 1 year low of $28.63 and a 1 year high of $51.38.

Miami International (NYSE:MIAX) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. The business had revenue of $369.43 million for the quarter, compared to analyst estimates of $121.13 million. The company’s quarterly revenue was up 14.0% compared to the same quarter last year.

Insider Buying and Selling

In other news, Director Kurt M. Eckert sold 37,917 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $39.00, for a total value of $1,478,763.00. Following the completion of the transaction, the director directly owned 142,375 shares of the company’s stock, valued at $5,552,625. This represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Douglas M. Schafer, Jr. sold 48,000 shares of the company’s stock in a transaction that occurred on 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 directly owned 396,681 shares of the company’s stock, valued at approximately $15,764,102.94. This represents a 10.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 267,629 shares of company stock valued at $10,812,697 over the last quarter.

Hedge Funds Weigh In On Miami International

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Mad River Investors boosted its holdings in shares of Miami International by 0.6% in the 4th quarter. Mad River Investors now owns 75,050 shares of the company’s stock worth $3,331,000 after buying an additional 450 shares during the last quarter. State of Wyoming purchased a new position in shares of Miami International in the 4th quarter worth about $26,000. National Bank of Canada FI bought a new stake in shares of Miami International in the 3rd quarter worth approximately $29,000. First Trust Advisors LP raised its holdings in shares of Miami International by 3.5% in the 4th quarter. First Trust Advisors LP now owns 21,671 shares of the company’s stock worth $962,000 after purchasing an additional 733 shares during the period. Finally, Coastal Bridge Advisors LLC raised its holdings in shares of Miami International by 1.1% in the 4th quarter. Coastal Bridge Advisors LLC now owns 77,415 shares of the company’s stock worth $3,436,000 after purchasing an additional 850 shares during the period.

Trending Headlines about Miami International

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

• Positive Sentiment: Morgan Stanley raised its price target to $50 and moved the stock to “Overweight” — a visible catalyst that boosts upside expectations versus the current price. Benzinga
• Positive Sentiment: Rosenblatt Securities reiterated a Buy and keeps a $59 target, supporting bullish investor interest from growth-oriented shops. Rosenblatt Reaffirms Buy
• Positive Sentiment: Recent quarterly results (Feb. 25) beat estimates — EPS and revenue topped expectations and revenue showed year-over-year growth — underpinning fundamental upside potential. Earnings/Revenue Beat
• Neutral Sentiment: The company announced the passing of board member Murray Stahl — a governance update that is not a direct operational or financial development but could create a short-term board vacancy. Company Announcement
• Negative Sentiment: Insider selling by senior executives (multiple EVP sales executed under Rule 10b5-1 plans) has been sizeable over the past week; while pre-arranged plans reduce timing concerns, the volume can still pressure sentiment. Edward Deitzel SEC Filing Shelly Brown SEC Filing
• Negative Sentiment: Short interest jumped ~34.7% to ~3.39M shares as of March 31 (about 3.7% of shares outstanding), signaling increased bearish positioning and potential near-term volatility. (Days-to-cover ≈ 2.6.)
• Negative Sentiment: Keefe, Bruyette & Woods initiated coverage with a Market Perform and a $40 target (below current levels), and Weiss Ratings reiterated a Sell — analyst divergence that may cap momentum among institutional buyers. KBW Coverage

About Miami International

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.