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NYSE:SPMC

Sound Point Meridian Capital (SPMC) Stock Price, News & Analysis

Sound Point Meridian Capital logo
$9.08 0.00 (0.00%)
As of 08/21/2026 03:55 PM Eastern

About Sound Point Meridian Capital Stock (NYSE:SPMC)

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Key Stats

Today's Range
$9.02
$9.13
50-Day Range
$9.08
$10.97
52-Week Range
$8.36
$18.54
Volume
5,121 shs
Average Volume
31,974 shs
Market Capitalization
$186.14 million
P/E Ratio
N/A
Dividend Yield
26.43%
Price Target
$15.13
Consensus Rating
Hold

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.

Sound Point Meridian Capital Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
46th Percentile Overall Score

SPMC 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.

  • Consensus Rating

    Sound 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 Potential

    Sound 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 Coverage

    Sound 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 Growth

    Earnings 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 Market

    The 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. Sector

    The 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.

  • Percentage of Shares Shorted

    0.32% of the float of Sound Point Meridian Capital has been sold short.
  • Short Interest Ratio / Days to Cover

    Sound Point Meridian Capital has a short interest ratio ("days to cover") of 5.19.
  • Change versus previous month

    Short interest in Sound Point Meridian Capital has recently decreased by 0.36%, indicating that investor sentiment is improving.
  • Dividend Leadership

    Sound 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 Growth

    Sound Point Meridian Capital does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based 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.
  • Search Interest

    Only 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 Follows

    Only 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.
  • Insider Buying vs. Insider Selling

    In the past three months, Sound Point Meridian Capital insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    0.89% of the stock of Sound Point Meridian Capital is held by insiders.

  • Percentage Held by Institutions

    Sound Point Meridian Capital has minimal institutional ownership at this time.

  • Read more about Sound Point Meridian Capital's insider trading history.
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SPMC Stock News Headlines

Someone 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.tc pixel
SPMC Share News Today
See More Headlines

SPMC Stock Analysis - Frequently Asked Questions

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.

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
.

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.

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
.

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.

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 Earnings
8/12/2026
Record date for 8/31 Dividend
8/14/2026
Ex-Dividend for 8/31 Dividend
8/14/2026
Today
8/22/2026
Dividend Payable
8/31/2026
Record date for 9/30 Dividend
9/15/2026
Ex-Dividend for 9/30 Dividend
9/15/2026
Dividend Payable
9/30/2026
Fiscal Year End
3/31/2027

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
Capital Markets
Sub-Industry
Asset Management & Custody Banks
Current Symbol
NYSE:SPMC
Previous Symbol
NYSE:SPMC
CIK
1930147
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

High Price Target
$20.00
Low Price Target
$10.00
Potential Upside/Downside
+66.6%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
8.73
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$72.51 million
Price / Sales
2.57
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
N/A
Price / Book
N/A

Miscellaneous

Outstanding Shares
20,500,000
Free Float
20,315,000
Market Cap
$186.14 million
Optionable
N/A
Beta
1.15
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This page (NYSE:SPMC) was last updated on 8/22/2026 by MarketBeat.com Staff.
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