Sound Point Meridian Capital, Inc. (SPMC)
| Market Cap | 173.96M -50.9% |
| Revenue (ttm) | 65.73M +41.7% |
| Net Income | -118.43M |
| EPS | -5.62 |
| Shares Out | 21.09M |
| PE Ratio | n/a |
| Forward PE | 6.68 |
| Dividend | $3.00 (36.01%) |
| Ex-Dividend Date | Oct 15, 2026 |
| Volume | 1,470 |
| Open | 8.25 |
| Previous Close | 8.22 |
| Day's Range | 8.25 - 8.38 |
| 52-Week Range | 7.82 - 18.20 |
| Beta | 1.14 |
| Analysts | Buy |
| Price Target | 10.50 (+27.27%) |
| Est. Earnings | Nov 12, 2026 |
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.
Financial Performance
Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for SPMC stock is "Buy." The 12-month stock price target is $10.5, which is an increase of 27.27% from the latest price.
News
Sound Point Meridian Capital reports Q1 NII per share 24c, consensus 30c
Net asset value per share of common stock was $9.88 as of June 30, 2026. Management’s unaudited and estimated range of the net asset value per share of the Company’s…
Sound Point Meridian Capital price target lowered to $10 from $10.50 at B. Riley
B. Riley analyst Timothy D’Agostino lowered the firm’s price target on Sound Point Meridian Capital (SPMC) to $10 from $10.50 and keeps a Neutral rating on the shares after the…
Sound Point price target lowered to $10.50 from $11.50 at Alliance Global
Alliance Global lowered the firm’s price target on Sound Point Meridian Capital (SPMC) to $10.50 from $11.50 and keeps a Buy rating on the shares post the earnings report. There…
Sound Point Meridian Capital price target lowered to $10 from $10.50 at B. Riley
B. Riley analyst Timothy D’Agostino lowered the firm’s price target on Sound Point Meridian Capital (SPMC) to $10 from $10.50 and keeps a Neutral rating on the shares. Published first…
Sound Point Meridian Capital Transcript: Q1 26/27
Net investment income for Q1 FY2026 was $5 million, with NAV per share rising to $9.88. Portfolio yield improved to 9.8%, but distributions were reduced for Q4 2026 amid income compression and AI-related risks. A fee waiver was implemented to support shareholder returns.
Sound Point Meridian Capital Earnings release: Q1 2027
Sound Point Meridian Capital released its Q1 2027 earnings on August 12, 2026, summarizing the period's financial results.
Sound Point Meridian Capital Slides: Q1 2027
Sound Point Meridian Capital has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on August 12, 2026.
Sound Point Meridian Capital, Inc. Announces Third Fiscal Quarter 2027 Common and Preferred Distributions and Results for the First Fiscal Quarter Ended June 30, 2026
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA, SPME), a closed-end management investment company that has registered as an investment company under the Investm...
Sound Point Meridian Capital, Inc. Schedules First Fiscal Quarter Ended June 30, 2026 Earnings Release and Conference Call
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 ...
South Pacific Metals Intersects 12 m at 3.1 g/t Gold, Including 1 m at 18.1 g/t Gold, at New Megabe Target, Ontenu NE; Provides Corporate Update Across Its Multi-Asset PNG Gold-Copper Portfolio
Drill hole ONED26-007 returns 12 m at 3.1 g/t Au, including 1 m at 18.1 g/t Au, at the new Megabe target; two rigs turning at Ontenu NE within the Osena Project, with a porphyry test being prepared at...
Sound Point Meridian Capital price target raised to $10.50 from $10 at B. Riley
B. Riley analyst…
Sound Point price target raised to $11.50 from $11 at Alliance Global
Alliance Global analyst Gaurav Mehta raised the firm’s price target on Sound Point Meridian Capital (SPMC) to $11.50 from $11 and keeps a Buy rating on the shares. The company’s…
Sound Point Meridian Capital Transcript: Q4 25/26
Net investment income was $7 million for Q4 2026, but NAV per share fell sharply due to CLO equity and loan market declines. Portfolio repositioning and improved market sentiment led to a rebound in NAV post-quarter, with ongoing focus on risk management and yield stabilization.
Sound Point Meridian Capital Slides: Q4 2026
Sound Point Meridian Capital has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on May 27, 2026.
Sound Point Meridian Capital Earnings release: Q4 2026
Sound Point Meridian Capital released its Q4 2026 earnings on May 27, 2026, summarizing the period's financial results.
Sound Point Meridian Capital Annual report: Q4 2026
Sound Point Meridian Capital has published its Q4 2026 annual report on May 27, 2026.
Sound Point Meridian Capital reports Q4 NII 34c, consensus 41c
Net asset value per share of common stock was $9.63 as of March 31, 2026. Management’s unaudited estimate of the net asset value per share of the Company’s common stock…
Sound Point Meridian Capital, Inc. Announces Results for the Fourth Fiscal Quarter Ended March 31, 2026
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA, SPME), a closed-end management investment company that has registered as an investment company under the Investm...
Sound Point Meridian Capital, Inc. Announces Second Fiscal Quarter 2027 Common and Preferred Distributions
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA, SPME), a closed-end management investment company that has registered as an investment company under the Investm...
Sound Point Meridian Capital, Inc. Schedules Fourth Fiscal Quarter Ended March 31, 2026 Earnings Release and Conference Call
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 ...
Sound Point Meridian Capital price target lowered to $11 from $13 at Alliance Global
Alliance Global lowered the firm’s price target on Sound Point Meridian Capital (SPMC) to $11 from $13 and keeps a Buy rating on the shares after the company provided an…
Sound Point Meridian Capital price target lowered to $10 from $12 at B. Riley
B. Riley analyst Timothy D’Agostino lowered the firm’s price target on Sound Point Meridian Capital (SPMC) to $10 from $12 and keeps a Neutral rating on the shares. The firm…
Sound Point Meridian Capital price target lowered to $14 from $18 at Clear Street
Clear Street lowered the firm’s price target on Sound Point Meridian Capital (SPMC) to $14 from $18 and keeps a Buy rating on the shares following fiscal Q3 results that…
Sound Point Meridian Capital price target lowered to $13 from $18.50 at Alliance Global
Alliance Global analyst Gaurav Mehta lowered the firm’s price target on Sound Point Meridian Capital (SPMC) to $13 from $18.50 and keeps a Buy rating on the shares after the…
Sound Point Meridian Capital downgraded to Neutral at B. Riley on dividend cut
As previously reported, B. Riley analyst Timothy D’Agostino downgraded Sound Point Meridian Capital (SPMC) to Neutral from Buy with a price target of $12, down from $16. Net asset value…