Sound Point Meridian Capital, Inc. (SPMC)
| Market Cap | 193.78M -46.9% |
| Revenue (ttm) | 65.73M +41.7% |
| Net Income | -118.43M |
| EPS | -5.63 |
| Shares Out | 21.09M |
| PE Ratio | n/a |
| Forward PE | 7.37 |
| Dividend | $3.00 (32.64%) |
| Ex-Dividend Date | Sep 15, 2026 |
| Volume | 47,214 |
| Open | 9.47 |
| Previous Close | 9.48 |
| Day's Range | 9.11 - 9.47 |
| 52-Week Range | 8.36 - 18.54 |
| Beta | 1.15 |
| Analysts | Buy |
| Price Target | 10.50 (+14.26%) |
| Earnings Date | Aug 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 14.26% from the latest price.
News
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 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. Active portfolio rebalancing and risk management trades were executed, with a rebound in NAV and loan prices seen in April and May.
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, 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, 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 Transcript: Q3 25/26
Net investment income was $9 million, but NAV per share declined due to CLO equity mark-to-market pressures and persistent loan spread compression. Portfolio yield decreased to 11%, prompting a reduction in monthly distributions, while refinancing activity and secondary market opportunities are expected to support future yields.
Sound Point Meridian Capital Earnings release: Q3 2026
Sound Point Meridian Capital released its Q3 2026 earnings on February 11, 2026, summarizing the period's financial results.
Sound Point Meridian Capital Slides: Q3 2026
Sound Point Meridian Capital has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on February 11, 2026.
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 ...
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 Transcript: Q2 25/26
Sound Point Meridian Capital Slides: Q2 2026
Sound Point Meridian Capital has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on November 13, 2025.
Sound Point Meridian Capital Earnings release: Q2 2026
Sound Point Meridian Capital released its Q2 2026 earnings on November 13, 2025, summarizing the period's financial results.
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, Inc. Announces Results for the First Fiscal Quarter Ended June 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...