NYSE:SPMC Sound Point Meridian Capital (SPMC) Stock Price, News & Analysis $6.94 -0.08 (-1.13%) Closing price 03:58 PM EasternExtended Trading$6.94 0.00 (-0.01%) As of 07:30 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 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$6.88▼$7.0850-Day Range$6.94▼$10.7652-Week Range$6.88▼$16.75Volume28,904 shsAverage Volume26,874 shsMarket Capitalization$142.29 millionP/E Ratio4.50Dividend Yield22.48%Price Target$15.13Consensus RatingHold Company Overview Sound Point Meridian Capital, Inc. (NYSE: SPMC) is a closed-end investment company focused primarily on opportunities in the collateralized loan obligation (CLO) market. The company seeks to generate current income and long-term total returns through investments in CLO equity and subordinated debt tranches, which are backed primarily by portfolios of corporate senior secured loans. In addition to CLO investments, Sound Point Meridian Capital may invest in senior secured loans and other credit instruments. Its portfolio strategy is designed to provide exposure to corporate credit markets while seeking to benefit from the income generated by underlying loan portfolios. The company invests in both broadly syndicated and middle-market CLO opportunities across the United States and Europe. Sound Point Meridian Capital is externally managed by Sound Point Capital Management, L.P., a global credit investment manager. The company was formed to provide investors with access to Sound Point’s credit-investing platform and became publicly traded on the New York Stock Exchange under the symbol SPMC.AI Generated. May Contain Errors. Read More Sound Point Meridian Capital Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks96th Percentile Overall ScoreSPMC MarketRank™: 4.786957651335 of 5 starsSound Point Meridian Capital scored higher than 96% of companies evaluated by MarketBeat, and ranked 167th out of 855 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 $15.13, representing about 117.9% upside from its current price of $6.94.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 Valuation2.5 / 5Proj. Earnings Growth9.91% Earnings GrowthEarnings for Sound Point Meridian Capital are expected to grow by 9.91% in the coming year, from $1.11 to $1.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sound Point Meridian Capital is 4.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.84.Price to Earnings Ratio vs. SectorThe P/E ratio of Sound Point Meridian Capital is 4.50, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.18.Read more about Sound Point Meridian Capital's valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.25% 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 2.4, 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 54.12%, 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 22.22%, 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 127.87% 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 Media2.8 / 5News SentimentN/A News SentimentSound Point Meridian Capital has a news sentiment score of 0.48. 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 0.67 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Sound Point Meridian Capital this week, compared to 2 articles on an average week.Search Interest4 people have searched for SPMC on MarketBeat in the last 30 days. MarketBeat Follows2 people have added Sound Point Meridian Capital to their MarketBeat watchlist in the last 30 days. Company Ownership2.9 / 5Insider TradingAcquiring Shares Net Insider BuyingOver the last three months, insiders have purchased a net $14,704.00 in company stock, which represents 0.0103% of the company's market cap.Insider Buying vs. Insider SellingIn the past three months, Sound Point Meridian Capital insiders have bought 65.85% more of their company's stock than they have sold. Specifically, they have bought $37,032.00 in company stock and sold $22,328.00 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 Reports Mixed Third-Quarter Unaudited ResultsOctober 9, 2026 | tipranks.comSound Point Meridian Capital, Inc. - Preferred stock price target increased by 16.34% to $37.86October 2, 2026 | msn.com“The crisis that’s emerging now is just the tip of the iceberg,” says Dr. Martin D. Weiss, who has made shocking and accurate predictions for 55 yearsDr. Martin D. Weiss, who predicted the Dot-Com collapse and the failures of Fannie Mae, Bear Stearns, and Lehman Brothers, is warning of a developing financial crisis. The New York Times has credited him as among the first to see the dangers ahead, and Forbes dubbed him Mr. Independence. He says this emerging situation could trigger a chain reaction across banks and markets. Watch his free video breakdown and see the five steps he outlines for investors.October 16 at 1:00 AM | Weiss Ratings (Ad)Sound Point Meridian Capital Reports Updated NAV Per ShareSeptember 8, 2026 | tipranks.comSound 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.comSound 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.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 49.3% and is now trading at $6.9410. 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 business earned $12.42 million during the quarter, compared to analyst estimates 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 on Friday, June 14th 2024. The company issued 4,000,000 shares at a price of $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. Company Calendar Last Earnings8/12/2026Record date for 10/30 Dividend10/15/2026Ex-Dividend for 10/30 Dividend10/15/2026Today10/16/2026Dividend Payable10/30/2026Next Earnings (Estimated)11/12/2026Record date for 11/30 Dividend11/13/2026Ex-Dividend for 11/30 Dividend11/13/2026Dividend Payable11/30/2026Fiscal 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. Red Zone (3w+) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 For the last 3 weeks, SPMC's financial health has been in the Red 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+117.9%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Trailing Twelve Months)N/A Trailing P/E Ratio4.50 Forward P/E Ratio6.25 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 / Sales1.96 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares20,500,000Free Float20,315,000Market Cap$142.29 million OptionableN/A Beta1.20 The 10 Best High-Yield Dividend Stocks for 2026Discover the 10 Best High-Yield Dividend Stocks for 2026 and secure reliable income in uncertain markets. 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