NYSE:SPMC Sound Point Meridian Capital (SPMC) Stock Price, News & Analysis $9.08 0.00 (0.00%) As of 08/21/2026 03:55 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsInsider TradesNews and TrendsOwnershipSEC FilingsShort Interest 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$9.02▼$9.1350-Day Range$9.08▼$10.9752-Week Range$8.36▼$18.54Volume5,121 shsAverage Volume31,974 shsMarket Capitalization$186.14 millionP/E RatioN/ADividend Yield26.43%Price Target$15.13Consensus 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™ Stocks46th Percentile Overall ScoreSPMC MarketRank™: Sound Point Meridian Capital scored higher than 46% of companies evaluated by MarketBeat, and ranked 634th out of 840 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.7 / 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 $15.13, representing about 66.6% upside from its current price of $9.08.Amount of Analyst CoverageSound Point Meridian Capital has only been the subject of 3 research reports in the past 90 days.Read more about Sound Point Meridian Capital's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings Growth1.92% Earnings GrowthEarnings for Sound Point Meridian Capital are expected to grow by 1.92% in the coming year, from $1.04 to $1.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sound Point Meridian Capital is -1.57, 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 -1.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.32% 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 5.19.Change versus previous monthShort interest in Sound Point Meridian Capital has recently decreased by 0.36%, indicating that investor sentiment is improving. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipSound Point Meridian Capital is a leading dividend payer. It pays a dividend yield of 26.43%, 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 226.42% 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 Media0.0 / 5News SentimentN/A Search InterestOnly 6 people have searched for SPMC on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Sound Point Meridian Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership0.0 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Sound Point Meridian Capital insiders have not sold or bought any 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. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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SPMC Stock News HeadlinesSound Point Meridian signals $0.13 monthly distribution and 6-month fee waiver through December 2026August 12, 2026 | seekingalpha.comSound Point Meridian Capital Inc (SPMC) Q1 2027 Earnings Call TranscriptAugust 12, 2026 | seekingalpha.comSomeone just dumped the biggest gold fund.Investors pulled 2.9 billion dollars from the world's largest gold fund in a single day this March, pushing total outflows to 14 billion. At the same time, the World Gold Council recorded the highest quarterly central bank gold buying on record, with buyers taking physical delivery instead of paper shares.August 22 at 1:00 AM | Behind the Markets (Ad)Sound Point Meridian Capital, Inc. Schedules First Fiscal Quarter Ended June 30, 2026 Earnings Release and Conference CallJuly 29, 2026 | finance.yahoo.comSound Point Meridian Capital Reports Q2 NAV and IncomeJuly 15, 2026 | tipranks.comSound Point Meridian Updates Estimated Net Asset Value RangeJune 8, 2026 | tipranks.comSPMC Share News TodayJune 3, 2026 | uk.investing.comSound Point Meridian Capital Inc (SPMC) Q4 2026 Earnings Call Highlights: Navigating Challenges ...May 28, 2026 | finance.yahoo.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 at the beginning of 2026. Since then, SPMC shares have decreased by 33.7% and is now trading at $9.08. How were Sound Point Meridian Capital's earnings last quarter? Sound Point Meridian Capital, Inc. (NYSE:SPMC) issued its earnings results on Wednesday, August, 12th. The company reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.30 by $0.06. The company had revenue of $12.42 million for the quarter, compared to analysts' expectations of $14.18 million. Read the conference call transcript. 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 a price of $20.00 per share. Who are Sound Point Meridian Capital's major shareholders? Top institutional shareholders of Sound Point Meridian Capital include Allied Private Wealth LLC (0.46%). Insiders that own company stock include Guaranty Ltd Assured, Stephen Ketchum, Ujjaval Desai and Matthew E Forstenhausler. View institutional ownership trends. 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 Earnings8/12/2026Record date for 8/31 Dividend8/14/2026Ex-Dividend for 8/31 Dividend8/14/2026Today8/22/2026Dividend Payable8/31/2026Record date for 9/30 Dividend9/15/2026Ex-Dividend for 9/30 Dividend9/15/2026Dividend Payable9/30/2026Fiscal 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. Yellow Zone (1w+) 1-Year History Aug 25 Nov 25 Feb 26 May 26 Aug 26 For the last 8 days, SPMC's financial health has been in the Yellow zone, according to TradeSmith. Industry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Capital Markets Sub-IndustryAsset Management & Custody Banks 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$15.13 High Price Target$20.00 Low Price Target$10.00 Potential Upside/Downside+66.6%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 Ratio8.73 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 Sales$72.51 million Price / Sales2.57 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares20,500,000Free Float20,315,000Market Cap$186.14 million OptionableN/A Beta1.15 The Best Nuclear Energy Stocks to BuyNuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. 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