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

Company Overview

Sound Point Meridian Capital (NYSE: SPMC) is a publicly traded asset management firm specializing in credit and fixed income strategies. The company focuses on identifying and investing in a wide range of credit instruments, including corporate loans, structured credit products, and high-yield bonds. By leveraging fundamental credit research and proprietary risk management tools, Sound Point Meridian Capital aims to deliver consistent, risk-adjusted returns for its clients across varying market environments.

At the core of SPMC’s offerings are tailored credit solutions designed to address specific investor needs. These include opportunistic corporate credit funds, bespoke structured credit portfolios, and direct lending platforms that provide capital to middle-market companies. The firm’s in-house research team conducts rigorous credit analysis, assessing sector fundamentals, credit quality, and covenants to construct portfolios that balance yield potential with downside protection.

Sound Point Meridian Capital serves a diverse international clientele comprising pension funds, insurance companies, endowments, foundations, and sovereign wealth funds. While headquartered in New York City, the company maintains strategic offices in London and Singapore to support global coverage and facilitate cross-border investment opportunities. Through its international footprint, SPMC is able to source and execute transactions in North America, Europe, and select Asia-Pacific markets.

Founded in 2013 by a group of seasoned credit investors, Sound Point Meridian Capital has grown under the leadership of Chief Executive Officer Mark Ellison and Chief Investment Officer Sarah Patel. The firm was built on a culture of disciplined research, collaborative decision-making, and a commitment to aligning its interests with those of its clients. Over the years, SPMC has expanded its product suite and team, establishing itself as a specialized player in the global credit investment landscape.

Key Stats

• Today's Range: $17.65 to $18.19
• 50-Day Range: $16.99 to $19.68
• 52-Week Range: $16.26 to $22.30
• Volume: 30,040 shs
• Average Volume: 24,119 shs
• Market Capitalization: $360.55 million
• P/E Ratio: N/A
• Dividend Yield: 16.84%
• Price Target: $22.50
• Consensus Rating: Strong Buy

SPMC Stock Analysis - Frequently Asked Questions

How have SPMC shares performed this year?

Sound Point Meridian Capital's stock was trading at $20.90 at the beginning of the year. Since then, SPMC stock has decreased by 14.7% and is now trading at $17.82.

How were Sound Point Meridian Capital's earnings last quarter?

Sound Point Meridian Capital, Inc. (NYSE:SPMC) posted its earnings results on Thursday, May, 29th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.06. The business earned $22.66 million during the quarter, compared to analysts' expectations of $20.48 million.

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 Exxon Mobil (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

• Ex-Dividend for 5/30 Dividend: 5/15/2025
• Record date for 5/30 Dividend: 5/16/2025
• Last Earnings: 5/29/2025
• Dividend Payable: 5/30/2025
• Ex-Dividend for 7/31 Dividend: 7/15/2025
• Today: 7/16/2025
• Record date for 7/31 Dividend: 7/16/2025
• Dividend Payable: 7/31/2025
• Next Earnings (Estimated): 8/14/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: FIN - INVEST MGMT
• Sub-Industry: N/A
• Current Symbol: NYSE:SPMC
• Previous Symbol: NYSE:SPMC
• CIK: 1930147
• Web: www.soundpointcap.com
• Phone: (212) 895-2280
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Sound Point Meridian Capital: $22.50
• High Price Target: $22.50
• Low Price Target: $22.50
• Potential Upside/Downside: +26.3%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 4.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• 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: $64.39 million
• Price / Sales: 5.60
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 20,233,000
• Free Float: N/A
• Market Cap: $360.55 million
• Optionable: N/A
• Beta: N/A