Sound Point Meridian Capital (SPMC) Expected to Post Earnings on Thursday

Key Points

• Sound Point Meridian Capital is expected to report Q2 fiscal 2026/27 results before market open on November 12. Analysts forecast earnings of $0.29 per share and revenue of $13.17 million; the earnings call is scheduled for 11:00 a.m. ET.
• In its previous quarter, the company posted EPS of $0.24, below the $0.30 consensus, and revenue of $12.42 million versus expectations of $14.18 million.
• The company declared a monthly dividend of $0.13 per share, equivalent to $1.56 annually and a reported 25.2% yield. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $15.12.

Sound Point Meridian Capital (NYSE:SPMC - Get Free Report) is expected to be releasing its Q2 26/27 results before the market opens on Thursday, November 12th. Analysts expect the company to post earnings of $0.29 per share and revenue of $13.17 million for the quarter. Investors may review the information on the company's upcoming Q2 26/27 earnings overview page for the latest details on the call scheduled for Thursday, November 12, 2026 at 11:00 AM ET.

Sound Point Meridian Capital (NYSE:SPMC - Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.06). The firm had revenue of $12.42 million for the quarter, compared to analysts' expectations of $14.18 million. On average, analysts expect Sound Point Meridian Capital to post $1.11 EPS for the current fiscal year and $1.22 EPS for the next fiscal year.

Sound Point Meridian Capital Price Performance

Shares of SPMC opened at $6.20 on Thursday. The stock has a market cap of $127.10 million, a P/E ratio of 3.97 and a beta of 1.39. The business's 50 day moving average price is $8.02 and its 200-day moving average price is $9.95. Sound Point Meridian Capital has a 52 week low of $5.49 and a 52 week high of $16.75.

Sound Point Meridian Capital Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.13 per share. The ex-dividend date is Tuesday, December 15th. This represents a $1.56 dividend on an annualized basis and a yield of 25.2%. Sound Point Meridian Capital's payout ratio is presently -26.99%.

Analyst Ratings Changes

Several equities research analysts have commented on SPMC shares. Zacks Research raised Sound Point Meridian Capital from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 27th. B. Riley Financial reduced their price target on Sound Point Meridian Capital from $10.50 to $10.00 and set a "neutral" rating for the company in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $15.12.

Sound Point Meridian Capital Company Profile

Sound Point Meridian Capital, Inc NYSE: SPMC is a closed-end investment company focused on investing in collateralized loan obligations (CLOs). The company primarily seeks exposure to CLO equity and junior debt tranches, which are backed by pools of senior secured loans made to corporate borrowers.

Sound Point Meridian Capital is externally managed by an affiliate of Sound Point Capital Management, an alternative investment manager. Its investment strategy is designed to provide shareholders with income and potential capital appreciation through a diversified portfolio of CLO investments rather than through the direct operation of businesses or the sale of consumer products and services.

The company invests in U.S.

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