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NYSE:SPMC

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

Sound Point Meridian Capital logo
$18.89 -0.21 (-1.10%)
As of 03:43 PM Eastern

About Sound Point Meridian Capital Stock (NYSE:SPMC)

Key Stats

Today's Range
$18.79
$19.25
50-Day Range
$17.11
$22.15
52-Week Range
$16.26
$22.30
Volume
11,389 shs
Average Volume
26,630 shs
Market Capitalization
$382.20 million
P/E Ratio
N/A
Dividend Yield
15.88%
Price Target
$21.75
Consensus Rating
Strong Buy

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.

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SPMC Stock News Headlines

Sound Point Meridian Capital Inc. 8% Pfd. Series A
B. Riley Has Bearish Estimate for SPMC Q4 Earnings
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SPMC Stock Analysis - Frequently Asked Questions

Sound Point Meridian Capital's stock was trading at $20.90 at the beginning of the year. Since then, SPMC stock has decreased by 9.6% and is now trading at $18.89.
View the best growth stocks for 2025 here
.

Sound Point Meridian Capital, Inc. (NYSE:SPMC) posted its quarterly earnings data on Wednesday, February, 12th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.51 by $0.11.

Sound Point Meridian Capital's top institutional investors include Envestnet Asset Management Inc. (0.72%). Insiders that own company stock include Stephen Ketchum and Matthew E Forstenhausler.
View institutional ownership trends
.

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.

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 1/31 Dividend
1/15/2025
Record date for 1/31 Dividend
1/16/2025
Dividend Payable
1/31/2025
Last Earnings
2/12/2025
Record date for 4/30 Dividend
4/15/2025
Ex-Dividend for 4/30 Dividend
4/15/2025
Today
4/30/2025
Dividend Payable
4/30/2025
Fiscal Year End
3/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
Holding & other investment offices
Sub-Industry
N/A
Current Symbol
NYSE:SPMC
Previous Symbol
NYSE:SPMC
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.75
High Stock Price Target
$22.50
Low Stock Price Target
$21.00
Potential Upside/Downside
+15.1%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Price / Cash Flow
N/A
Price / Book
N/A

Miscellaneous

Free Float
N/A
Market Cap
$382.20 million
Optionable
N/A
Beta
N/A
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This page (NYSE:SPMC) was last updated on 4/30/2025 by MarketBeat.com Staff
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