NYSE:SPMC Sound Point Meridian Capital (SPMC) Stock Price, News & Analysis $18.12 +0.08 (+0.42%) Closing price 08/8/2025 03:54 PM EasternExtended Trading$18.14 +0.02 (+0.08%) As of 08/8/2025 04:04 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 Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Sound Point Meridian Capital Stock (NYSE:SPMC) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get SPMC alerts:Sign Up Key Stats Today's Range$18.09▼$18.2250-Day Range$16.99▼$18.4752-Week Range$16.26▼$22.30Volume3,666 shsAverage Volume19,119 shsMarket Capitalization$366.67 millionP/E RatioN/ADividend Yield16.55%Price Target$21.25Consensus RatingStrong 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. Read More 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. Email Address SPMC Stock News HeadlinesSound Point Meridian Declares Q3 2026 Stock DistributionsAugust 5, 2025 | tipranks.comSound Point Meridian Capital, Inc. Announces Third Fiscal Quarter 2026 Common and Preferred DistributionsAugust 5, 2025 | businesswire.comThe Coin That Could Define Trump’s Crypto PresidencyWhen Trump returned to office, one of his first moves was to tap PayPal’s former COO, David Sacks, as a top advisor on crypto and AI. That alone signaled a shift. But insiders close to D.C. aren’t just talking crypto policy—they’re quietly buying something most retail investors have missed. While the crowd chases Bitcoin to $150,000, Weiss Ratings expert Juan Villaverde believes a different coin—already backed by giants like Google, Visa, and PayPal—could soon become crypto’s “Third Giant.” | Weiss Ratings (Ad)Alliance Global Partners Initiates Coverage of Sound Point Meridian Capital (SPMC) with Buy RecommendationJuly 19, 2025 | msn.comAlliance Global Partners Initiates Coverage of Sound Point Meridian Capital, Inc. - Preferred Stock (SPMA) with Buy RecommendationJuly 18, 2025 | msn.comSound Point Meridian Capital, Inc. (SPMC) - Yahoo FinanceJuly 13, 2025 | finance.yahoo.comSound Point Meridian Capital stockJuly 10, 2025 | incomeinvestors.comSPMC Stock: Little-Known Cash-Generating Machine with a 17% YieldJuly 10, 2025 | incomeinvestors.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 $20.90 at the beginning of the year. Since then, SPMC stock has decreased by 13.3% and is now trading at $18.1250. How were Sound Point Meridian Capital's earnings last quarter? Sound Point Meridian Capital, Inc. (NYSE:SPMC) issued its earnings results on Thursday, May, 29th. The company reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.06. The company had revenue of $22.66 million for the quarter, compared to analysts' expectations of $20.48 million. Who are Sound Point Meridian Capital's major shareholders? Top institutional shareholders of Sound Point Meridian Capital include Envestnet Asset Management Inc. (0.49%) and Everest Management Corp. (0.36%). Insiders that own company stock include Stephen Ketchum 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 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 Last Earnings5/29/2025Ex-Dividend for 7/31 Dividend7/15/2025Record date for 7/31 Dividend7/16/2025Dividend Payable7/31/2025Today8/08/2025Next Earnings (Estimated)8/12/2025Record date for 9/30 Dividend9/15/2025Ex-Dividend for 9/30 Dividend9/15/2025Dividend Payable9/30/2025Fiscal Year End3/31/2026Get Stock AlertsIndustry, 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$21.25 High Price Target$22.50 Low Price Target$20.00 Potential Upside/Downside+17.2%Consensus RatingStrong Buy Rating Score (0-4)3.50 Research Coverage2 Analysts Profitability EPS (Trailing Twelve Months)N/A Trailing P/E RatioN/A Forward P/E RatioN/A 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 SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares20,230,000Free FloatN/AMarket Cap$366.67 million OptionableN/A Beta0.26 These 7 Stocks Will Be Magnificent in 2025Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. 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