Sound Point Meridian Capital Inc (SPMC)
| Market Cap | n/a |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | n/a |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $2.40 (12.18%) |
| Ex-Dividend Date | Sep 16, 2024 |
| Volume | 449 |
| Open | 19.70 |
| Previous Close | 19.65 |
| Day's Range | 19.58 - 19.83 |
| 52-Week Range | 19.57 - 19.75 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 21.00 (+6.59%) |
| Earnings Date | Aug 19, 2024 |
About SPMC
Sound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S. senior secured loans. The company was founded in 2022 and is based in New York, New York. [Read more]
Analyst Forecast
According to one analyst, the rating for SPMC stock is "Buy" and the 12-month stock price forecast is $21.0.
News
Sound Point Meridian Announces $100 Million “Net Asset Value” Credit Facility
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC), a closed-end management investment company that has registered as an investment company under the Investment Company ...
Four ONDA Family Lawyers Named to Lawdragon's 500 X – The Next Generation List
DALLAS--(BUSINESS WIRE)--Four Orsinger, Nelson, Downing & Anderson, LLP (ONDA) attorneys have earned placement on Lawdragon's 500 X – The Next Generation, a global legal guide that recognizes what the...
AM Best to Host Briefing on Cyber Insurance Trends; Industry Panel to Discuss Top Risks and How to Mitigate Them
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--A panel of AM Best analysts and industry experts will discuss trends in the cyber insurance segment in an online briefing scheduled for Thursday, July 25, ...
Sound Point Meridian Capital, Inc. Announces Common Second Fiscal Quarter 2024 Distributions
NEW YORK--(BUSINESS WIRE)-- #CLOs--Sound Point Meridian Capital, Inc. (the “Company”) (NYSE: SPMC) today is pleased to announce the declaration of distributions on shares of the Company's common stock...
Sound Point Meridian Capital, Inc. Announces Closing of Initial Public Offering
NEW YORK--(BUSINESS WIRE)-- #Alternatives--Sound Point Meridian Capital, Inc. (NYSE: SPMC) (the “Company”) today announced the closing of its previously announced initial public offering of 4,000,000 ...
Sound Point Meridian Capital, Inc. Prices Initial Public Offering
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC) (the “Company”) today announced the pricing of its initial public offering of 4,000,000 shares of common stock at a pu...