Sound Point Meridian Capital, Inc. (SPME)

NYSE: SPME · Real-Time Price · USD · Preferred Stock
25.11
+0.01 (0.04%)
Jul 31, 2026, 4:00 PM EDT - Market closed
Market Cap211.86M -44.4%
Revenue (ttm)72.51M +81.8%
Net Income-126.23M
EPS-6.12
Shares Out 20.63M
PE Ration/a
Forward PE7.75
Dividend$1.97 (7.84%)
Ex-Dividend DateAug 14, 2026
Volume257
Open25.11
Previous Close25.10
Day's Range25.11 - 25.11
52-Week Range24.37 - 26.00
Beta1.20
Analystsn/a
Price Targetn/a
Earnings DateAug 12, 2026

About SPME

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.

Sector Financials
Founded 2022
Country United States
Stock Exchange NYSE
Ticker Symbol SPME
Full Company Profile

News

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 ...

Other symbols: SPMC
2 days ago - Business Wire

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...

Other symbols: SPMC
6 weeks ago - Newsfile Corp

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...

Other symbols: SPMC
2 months ago - Business Wire

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...

Other symbols: SPMC
2 months ago - Business Wire

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 ...

Other symbols: SPMC
2 months ago - Business Wire

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...

Other symbols: SPMC
6 months ago - Business Wire

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 ...

Other symbols: SPMC
6 months ago - Business Wire

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...

Other symbols: SPMC
9 months ago - Business Wire

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...

Other symbols: SPMC
9 months ago - Business Wire

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 ...

Other symbols: SPMC
9 months ago - Business Wire

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...

Other symbols: SPMC
1 year ago - Business Wire

Sound Point Meridian Capital, Inc. Announces Third 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...

Other symbols: SPMC
1 year ago - Business Wire

Sound Point Meridian Capital, Inc. Schedules First Fiscal Quarter Ended June 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 ...

Other symbols: SPMC
1 year ago - Business Wire

Sound Point Meridian Capital Prices Offering of Preferred Shares

NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (the “Company”) (NYSE: SPMC) today announced that it has priced an underwritten public offering of 2,000,000 shares of its 7.875% S...

Other symbols: SPMC
1 year ago - Business Wire

Sound Point Meridian Capital Announces Offering of Series B Preferred Shares

NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (the “Company”) (NYSE: SPMC), an externally managed closed-end fund focused on primarily investing in equity and junior debt tranch...

Other symbols: SPMC
1 year ago - Business Wire

Sound Point Meridian Capital, Inc. Announces Second Fiscal Quarter 2026 Common Distributions and Preferred Distributions and Results for the Fourth Fiscal Quarter Ended March 31, 2025

NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA), a closed-end management investment company that has registered as an investment company under the Investment Co...

Other symbols: SPMC
1 year ago - Business Wire

Sound Point Meridian Capital, Inc. Schedules Fourth Fiscal Quarter Ended March 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 ...

Other symbols: SPMC
1 year ago - Business Wire

Sound Point Meridian Capital, Inc. Announces Results for the Third Fiscal Quarter Ended December 31, 2024

NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA), a closed-end management investment company that has registered as an investment company under the Investment Co...

Other symbols: SPMC
1 year ago - Business Wire

Sound Point Meridian Capital, Inc. Announces First Fiscal Quarter 2026 Common Distributions and Preferred Distributions

NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA), a closed-end management investment company that has registered as an investment company under the Investment Co...

Other symbols: SPMC
1 year ago - Business Wire

Sound Point Meridian Capital, Inc. Schedules Third Fiscal Quarter Ended December 31, 2024 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 ...

Other symbols: SPMC
1 year ago - Business Wire

Sound Point Meridian Capital, Inc. Announces Results for the Second Fiscal Quarter Ended September 30, 2024

NEW YORK--(BUSINESS WIRE)-- #CLOs--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA), a closed-end management investment company that has registered as an investment company under the Investment C...

Other symbols: SPMC
1 year ago - Business Wire

Sound Point Meridian Capital, Inc. Announces 9.1% Increase in First Calendar Quarter 2025 Common Distributions and Declares Preferred Distributions

NEW YORK--(BUSINESS WIRE)-- #CLOs--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA), a closed-end management investment company that has registered as an investment company under the Investment C...

Other symbols: SPMCSPMA
1 year ago - Business Wire

Sound Point Meridian Capital Announces Offering of Series A Preferred Shares

NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (the “Company”) (NYSE: SPMC), an externally managed closed-end fund focused on primarily investing in equity and junior debt tranch...

Other symbols: SPMCSPMA
1 year ago - Business Wire

Sound Point Meridian Capital, Inc. Schedules Second Fiscal Quarter Ended September 30, 2024 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 ...

Other symbols: SPMC
1 year ago - Business Wire

Sound Point Meridian Capital, Inc Announces Fourth Fiscal Quarter 2024 Common Distributions and Fiscal Second Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)-- #CLO--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,...

Other symbols: SPMC
2 years ago - Business Wire