NYSE:SPMC Sound Point Meridian Capital (SPMC) Stock Price, News & Analysis $10.36 -0.64 (-5.78%) Closing price 07/15/2026 03:59 PM EasternExtended Trading$10.35 -0.01 (-0.06%) As of 07/15/2026 05:42 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$10.21▼$10.7150-Day Range$9.64▼$11.8052-Week Range$8.36▼$18.60Volume64,365 shsAverage Volume17,663 shsMarket Capitalization$212.25 millionP/E RatioN/ADividend Yield23.18%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™ Stocks86th Percentile Overall ScoreSPMC MarketRank™: Sound Point Meridian Capital scored higher than 86% of companies evaluated by MarketBeat, and ranked 425th out of 1,758 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 55.5% upside from its current price of $10.36.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 -1.69, 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 -1.69, 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 Media4.4 / 5News Sentiment0.97 News SentimentSound Point Meridian Capital has a news sentiment score of 0.97. 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 0.78 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 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 2.8269% 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 Reports Q2 NAV and IncomeJuly 15 at 3:50 AM | tipranks.comSound Point Meridian Updates Estimated Net Asset Value RangeJune 8, 2026 | tipranks.comALT SL: New Patent Reveals Elon Musk’s Next Breakthrough: M.A.G.I.Jeff Brown and Marc Chaikin - two investors who spotted Nvidia a decade ago - are now pointing to Elon Musk's latest AI patent as the catalyst behind their next major call. They say a market pattern with a 100% historical track record is converging with this new breakthrough by end of month. The last time conditions aligned like this, investors had the chance to turn $10,000 into as much as $350,000 in roughly 12 months. Brown and Chaikin have released the full details for investors who want to get ahead of it. | Brownstone Research (Ad)SPMC 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.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.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 the year. Since then, SPMC shares have decreased by 24.4% and is now trading at $10.3550. 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 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.07. The company 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? Sound Point Meridian Capital's top institutional investors 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 Earnings5/28/2026Record date for 7/31 Dividend7/15/2026Ex-Dividend for 7/31 Dividend7/15/2026Today7/16/2026Dividend 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 10 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+55.5%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 Ratio8.49 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-$121.96 million Price / Sales-1.74 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares20,497,000Free Float20,315,000Market Cap$212.25 million OptionableN/A Beta1.20 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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