NYSE:SPMC Sound Point Meridian Capital (SPMC) Stock Price, News & Analysis $10.97 +0.31 (+2.91%) Closing price 03:59 PM EasternExtended Trading$10.79 -0.18 (-1.64%) As of 05:38 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. 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$10.72▼$10.9950-Day Range$9.64▼$11.8052-Week Range$8.36▼$18.60Volume31,132 shsAverage Volume18,309 shsMarket Capitalization$224.89 millionP/E RatioN/ADividend Yield21.88%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™ Stocks85th Percentile Overall ScoreSPMC MarketRank™: Sound Point Meridian Capital scored higher than 85% of companies evaluated by MarketBeat, and ranked 230th out of 876 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.4 / 5Analyst RatingHold Consensus RatingSound Point Meridian Capital has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and 1 sell rating.Upside PotentialSound Point Meridian Capital has a consensus price target of $16.10, representing about 46.8% upside from its current price of $10.97.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-3.28% Earnings GrowthEarnings for Sound Point Meridian Capital are expected to decrease by -3.28% in the coming year, from $1.22 to $1.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sound Point Meridian Capital is -1.79, 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 -1.79, 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 Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.19% 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 1.79, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sound Point Meridian Capital has recently decreased by 54.09%, 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 22.51%, 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 203.39% 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 Media4.0 / 5News Sentiment1.46 News SentimentSound Point Meridian Capital has a news sentiment score of 1.46. 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 higher news sentiment than the 0.80 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Sound Point Meridian Capital this week, compared to 2 articles on an average week.Search Interest7 people have searched for SPMC on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.MarketBeat Follows5 people have added Sound Point Meridian Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 67% 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 2.6680% 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 Updates Estimated Net Asset Value RangeJune 8, 2026 | tipranks.comSPMC Share News TodayJune 3, 2026 | uk.investing.comThe only metrics you should watch as a day trader.Day traders and swing traders don't need the same metrics - and using the wrong ones costs you edge. After 40 years of trading experience, one chart detail stands out above all others as the primary signal before entering any trade. The Ultimate Day Trading Cheatsheet distills that edge into 7 pages, including 23 Golden Rules and a specific trade setup with a reported 94.2% win rate. It's available at no cost.July 14 at 1:00 AM | The TradingPub (Ad)Sound Point Meridian Capital Inc (SPMC) Q4 2026 Earnings Call Highlights: Navigating Challenges ...May 28, 2026 | finance.yahoo.comSound Point Meridian Capital, Inc. Announces Results for the Fourth Fiscal Quarter Ended March 31, 2026May 27, 2026 | finance.yahoo.comSound Point Meridian Capital Reports Quarterly Loss, Declares DistributionsMay 27, 2026 | tipranks.comSound Point Meridian Capital IncMay 24, 2026 | money.usnews.comSound Point Meridian Declares Q2 2027 Monthly DistributionsMay 20, 2026 | tipranks.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 start of the year. Since then, SPMC stock has decreased by 19.9% and is now trading at $10.97. How were Sound Point Meridian Capital's earnings last quarter? Sound Point Meridian Capital, Inc. (NYSE:SPMC) posted its quarterly earnings results on Thursday, May, 28th. The company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.41 by $0.07. The firm earned $12.57 million during the quarter, compared to analyst estimates of $17.20 million. When did Sound Point Meridian Capital IPO? Sound Point Meridian Capital (SPMC) raised $80 million in an initial public offering on Friday, June 14th 2024. The company issued 4,000,000 shares at $20.00 per share. Who are Sound Point Meridian Capital's major shareholders? Top institutional investors 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 Earnings5/28/2026Today7/14/2026Record date for 7/31 Dividend7/15/2026Ex-Dividend for 7/31 Dividend7/15/2026Dividend Payable7/31/2026Next Earnings (Estimated)8/11/2026Record date for 8/31 Dividend8/14/2026Ex-Dividend for 8/31 Dividend8/14/2026Dividend Payable8/31/2026Fiscal 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 (1w+) 1-Year History Jul 25 Oct 25 Jan 26 Apr 26 Jul 26 For the last 8 days, SPMC's financial health has been in the Green zone, according to TradeSmith. 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+46.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Trailing Twelve Months)N/A Trailing P/E RatioN/A Forward P/E Ratio8.99 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 / Sales3.10 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares20,500,000Free Float20,315,000Market Cap$224.89 million OptionableN/A Beta1.20 10 Stocks Powering The Next AI Boom The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation. 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