Sound Point Meridian Capital, Inc. (SPMC)
| Market Cap | 239.09M -35.5% |
| Revenue (ttm) | 72.51M -14.0% |
| Net Income | -126.23M |
| EPS | -6.12 |
| Shares Out | 20.63M |
| PE Ratio | n/a |
| Forward PE | 8.89 |
| Dividend | $3.00 (25.88%) |
| Ex-Dividend Date | Jun 15, 2026 |
| Volume | 18,738 |
| Open | 11.79 |
| Previous Close | 11.80 |
| Day's Range | 11.60 - 11.97 |
| 52-Week Range | 8.36 - 18.60 |
| Beta | 1.14 |
| Analysts | Buy |
| Price Target | 11.00 (-5.09%) |
| Earnings Date | May 27, 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 $11.0, which is a decrease of -5.09% from the latest price.
News
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 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…
Sound Point Meridian Capital downgraded to Neutral from Buy at B. Riley
B. Riley analyst Timothy D’Agostino downgraded Sound Point Meridian Capital (SPMC) to Neutral from Buy with a $12 price target
Sound Point Meridian Capital, Inc. Announces First Fiscal Quarter 2027 Common Distributions and Preferred Distributions and Results for the Third Fiscal Quarter Ended December 31, 2025
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 Third Fiscal Quarter Ended December 31, 2025 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 ...
Oppenheimer downgrades Sound Point Meridian Capital to Perform
As previously reported, Oppenheimer downgraded Sound Point Meridian Capital (SPMC) to Perform from Outperform and removed the firm’s price target of $20. The firm says the negative impact of the…
Sound Point Meridian Capital downgraded to Perform from Outperform at Oppenheimer
Oppenheimer analyst Mitchel Penn downgraded Sound Point Meridian Capital (SPMC) to Perform from Outperform.
Sound Point Meridian price target lowered to $18 from $20 at Clear Street
Clear Street lowered the firm’s price target on Sound Point Meridian Capital (SPMC) to $18 from $20 and keeps a Buy rating on the shares. The firm says the company’s…
Sound Point Meridian Capital price target lowered to $16 from $23 at B. Riley
B. Riley analyst Randy Binner lowered the firm’s price target on Sound Point Meridian Capital (SPMC) to $16 from $23 and keeps a Buy rating on the shares. Published first…
Sound Point Meridian Capital price target lowered to $18.50 from $20 at Alliance Global
Alliance Global lowered the firm’s price target on Sound Point Meridian Capital (SPMC) to $18.50 from $20 and keeps a Buy rating on the shares after the company reported quarterly…
Sound Point Meridian Capital reports Q2 adjusted EPS 54c, consensus 57c
Reports Q2 NAV per share $16.91. The company said, “As of September 30, 2025, the weighted average effective yield of the Company’s CLO equity portfolio, based on amortized cost, was…
Sound Point Meridian Capital, Inc. Announces Results for the Second Fiscal Quarter Ended September 30, 2025
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 Fourth Fiscal Quarter 2026 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 Second Fiscal Quarter Ended September 30, 2025 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 initiated with a Buy at Clear Street
Clear Street analyst Mickey Schleien initiated coverage of Sound Point Meridian Capital (SPMC) with a Buy rating and $20 price target Near-term challenges persist as tight loan spreads pressure collat...
Sound Point Meridian Capital reports Q1 EPS 53c, consensus 57c
Reports Q1 NAV per share $18.50.