NYSE:SPMC Sound Point Meridian Capital (SPMC) Stock Price, News & Analysis $10.96 +0.05 (+0.46%) As of 03:55 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Sound Point Meridian Capital Stock (NYSE:SPMC) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get SPMC alerts:Sign Up Key Stats Today's Range$10.85▼$11.0650-Day Range$8.44▼$11.3652-Week Range$8.36▼$18.60Volume24,639 shsAverage Volume27,664 shsMarket Capitalization$224.68 millionP/E RatioN/ADividend Yield21.90%Price Target$16.10Consensus RatingHold Company Overview Sound Point Meridian Capital Inc. is an externally managed, non-diversified closed-end management investment company. Its investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in third-party collateralized loan obligation equity and mezzanine tranches. Sound Point Meridian Capital Inc. is based in NEW YORK. Read More Sound Point Meridian Capital Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks76th Percentile Overall ScoreSPMC MarketRank™: Sound Point Meridian Capital scored higher than 76% of companies evaluated by MarketBeat, and ranked 384th out of 881 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingHold Consensus RatingSound Point Meridian Capital has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on no strong buy ratings, 1 buy rating, 3 hold ratings, and no sell ratings.Upside PotentialSound Point Meridian Capital has a consensus price target of $16.10, representing about 46.9% upside from its current price of $10.96.Amount of Analyst CoverageSound Point Meridian Capital has only been the subject of 2 research reports in the past 90 days.Read more about Sound Point Meridian Capital's stock forecast and price target. Earnings and Valuation0.0 / 5Proj. Earnings Growth-13.09% Earnings GrowthEarnings for Sound Point Meridian Capital are expected to decrease by -13.09% in the coming year, from $1.91 to $1.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sound Point Meridian Capital is -3.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Sound Point Meridian Capital is -3.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Read more about Sound Point Meridian Capital's valuation and earnings. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.74% of the float of Sound Point Meridian Capital has been sold short.Short Interest Ratio / Days to CoverSound Point Meridian Capital has a short interest ratio ("days to cover") of 6.35.Change versus previous monthShort interest in Sound Point Meridian Capital has recently decreased by 32.68%, indicating that investor sentiment is improving significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipSound Point Meridian Capital is a leading dividend payer. It pays a dividend yield of 22.00%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSound Point Meridian Capital does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, Sound Point Meridian Capital will have a dividend payout ratio of 144.58% in the coming year. This indicates that Sound Point Meridian Capital may not be able to sustain their current dividend.Read more about Sound Point Meridian Capital's dividend. News and Social Media2.7 / 5News Sentiment0.38 News SentimentSound Point Meridian Capital has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Sound Point Meridian Capital this week, compared to 2 articles on an average week.Search InterestOnly 6 people have searched for SPMC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows6 people have added Sound Point Meridian Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Company Ownership2.9 / 5Insider TradingAcquiring Shares Net Insider BuyingOver the last three months, insiders have purchased a net $5,999,989.00 in company stock, which represents 2.6705% of the company's market cap.Insider Buying vs. Insider SellingIn the past three months, Sound Point Meridian Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $5,999,989.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders0.89% of the stock of Sound Point Meridian Capital is held by insiders.Percentage Held by InstitutionsSound Point Meridian Capital has minimal institutional ownership at this time.Read more about Sound Point Meridian Capital's insider trading history. Receive SPMC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sound Point Meridian Capital and its competitors with MarketBeat's FREE daily newsletter. 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SPMC Stock News HeadlinesSound Point Meridian Capital IncMay 24 at 11:43 PM | money.usnews.comSound Point Meridian Declares Q2 2027 Monthly DistributionsMay 20, 2026 | tipranks.comThe SpaceX supplier that shipped 5 billion chips to StarlinkWhen Nvidia surged 770%, its data center cooling supplier Vertiv climbed 1,700%. When Apple ran 2,000%, supplier Broadcom gained 15,000%. The pattern is clear: suppliers often dwarf the headline stock. One little-known company has shipped over 5 billion chips to SpaceX - a figure expected to reach 10 billion by 2027. SpaceX calls them 'instrumental to Starlink's success.' With the IPO expected in June, you can get the name, ticker, and a full year of tech research for just $19 - 85% off.May 26 at 1:00 AM | Weiss Ratings (Ad)Sound Point Meridian Capital, Inc. Announces Second Fiscal Quarter 2027 Common and Preferred DistributionsMay 20, 2026 | businesswire.comSound Point Meridian Capital (SPMC) Projected to Post Earnings on WednesdayMay 20, 2026 | americanbankingnews.comSound Point Meridian Capital, Inc. - Preferred stock (SPMA) price target decreased by 10.14% to 33.56May 14, 2026 | msn.comSound Point Meridian Capital, Inc. Schedules Fourth Fiscal Quarter Ended March 31, 2026 Earnings Release and Conference CallMay 13, 2026 | finance.yahoo.comSound Point Meridian Capital (NYSE:SPMC) Major Shareholder Guaranty Ltd Assured Acquires 242,718 SharesMay 1, 2026 | insidertrades.comSee More Headlines SPMC Stock Analysis - Frequently Asked Questions How have SPMC shares performed this year? Sound Point Meridian Capital's stock was trading at $13.69 on January 1st, 2026. Since then, SPMC shares have decreased by 19.9% and is now trading at $10.96. How were Sound Point Meridian Capital's earnings last quarter? Sound Point Meridian Capital, Inc. (NYSE:SPMC) announced its quarterly earnings data on Wednesday, February, 11th. The company reported $0.44 earnings per share for the quarter, missing analysts' consensus estimates of $0.55 by $0.11. The firm earned $17.95 million during the quarter, compared to analysts' expectations of $20.45 million. When did Sound Point Meridian Capital IPO? Sound Point Meridian Capital (SPMC) raised $80 million in an initial public offering (IPO) on Friday, June 14th 2024. The company issued 4,000,000 shares at $20.00 per share. How do I buy shares of Sound Point Meridian Capital? Shares of SPMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Sound Point Meridian Capital own? Based on aggregate information from My MarketBeat watchlists, some other companies that Sound Point Meridian Capital investors own include ExxonMobil (XOM), Vitesse Energy (VTS), Philip Morris International (PM), Oaktree Specialty Lending (OCSL), Blue Owl Capital (OBDC), Altria Group (MO) and Jefferies Financial Group (JEF). Company Calendar Last Earnings2/11/2026Record date for 5/29 Dividend5/15/2026Ex-Dividend for 5/29 Dividend5/15/2026Today5/26/2026Next Earnings (Confirmed)5/27/2026Dividend Payable5/29/2026Record date for 6/30 Dividend6/15/2026Ex-Dividend for 6/30 Dividend6/15/2026Dividend Payable6/30/2026Fiscal Year End3/31/2027Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (1m+) 1-Year History May 25 Aug 25 Nov 25 Feb 26 May 26 SPMC's financial health is in the Green zone, according to TradeSmith. SPMC has been in this zone for over one month. Industry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry FIN - INVEST MGMT Sub-IndustryN/A Current SymbolNYSE:SPMC Previous SymbolNYSE:SPMC CIK1930147 Webwww.soundpointcap.com Phone(212) 895-2280FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Price Target for Sound Point Meridian Capital$16.10 High Price Target$20.00 Low Price Target$10.00 Potential Upside/Downside+46.9%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Trailing Twelve Months)N/A Trailing P/E RatioN/A Forward P/E Ratio5.74 P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares20,500,000Free Float20,315,000Market Cap$224.68 million OptionableN/A Beta1.01 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? 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When the bigges...The Oxford Club | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sound Point Meridian Capital, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Sound Point Meridian Capital With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. 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