NYSE:SPMC Sound Point Meridian Capital (SPMC) Stock Price, News & Analysis $17.82 +0.01 (+0.03%) Closing price 08/28/2025 03:59 PM EasternExtended Trading$17.82 0.00 (0.00%) As of 08/28/2025 04:10 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$17.80▼$17.9050-Day Range$17.04▼$18.4452-Week Range$16.26▼$22.30Volume19,175 shsAverage Volume19,872 shsMarket Capitalization$360.65 millionP/E Ratio12.55Dividend Yield16.83%Price Target$21.25Consensus RatingBuy 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 Sound Point Meridian Capital Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks56th Percentile Overall ScoreSPMC MarketRank™: Sound Point Meridian Capital scored higher than 56% of companies evaluated by MarketBeat, and ranked 611th out of 934 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.5 / 5Analyst RatingBuy Consensus RatingSound Point Meridian Capital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, 1 hold rating, and no sell ratings.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 Valuation1.3 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Sound Point Meridian Capital is 12.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Sound Point Meridian Capital is 12.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.44.Read more about Sound Point Meridian Capital's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.14% 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 1.2, 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 increased by 1.74%, indicating that investor sentiment is decreasing. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipSound Point Meridian Capital is a leading dividend payer. It pays a dividend yield of 16.83%, 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 CoverageThe dividend payout ratio of Sound Point Meridian Capital is 211.27%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Sound Point Meridian Capital's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted0.14% 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 1.2, 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 increased by 1.74%, indicating that investor sentiment is decreasing. News and Social Media2.5 / 5News Sentiment0.59 News SentimentSound Point Meridian Capital has a news sentiment score of 0.59. 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 1.18 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Sound Point Meridian Capital this week, compared to 1 article on an average week.Search Interest6 people have searched for SPMC on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Sound Point Meridian Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 30 days. Company OwnershipN/AInsider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Sound Point Meridian Capital insiders have not sold or bought any company stock.Read more about Sound Point Meridian Capital's insider trading history. 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SPMC Stock News HeadlinesContrasting Sound Point Meridian Capital (SPMC) & Its CompetitorsAugust 28 at 3:33 AM | americanbankingnews.comSPMC Stock: A Massive 16.7% Yield Paid Every MonthAugust 26 at 7:36 PM | incomeinvestors.comAltucher: It Looks Like My Trump prediction is coming trueNew Hampshire just launched a Strategic Crypto Reserve — and James Altucher says it’s the first sign that “Trump’s Great Gain” has officially begun. Altucher believes select cryptos could turn $900 into $108,000 over the next 12 months — and he’s laying out the full gameplan in a new presentation.August 29 at 2:00 AM | Paradigm Press (Ad)Financial Survey: Sound Point Meridian Capital (SPMC) vs. Its PeersAugust 25, 2025 | americanbankingnews.comAnalyzing Sound Point Meridian Capital (SPMC) & Its RivalsAugust 21, 2025 | americanbankingnews.comSPME: New Term Preferred Shares From A Leveraged CEFAugust 16, 2025 | seekingalpha.comSound Point Meridian Capital Reports Q1 2025 ResultsAugust 12, 2025 | msn.comSound Point Meridian Capital, Inc. Announces Results for the First Fiscal Quarter Ended June ...August 12, 2025 | gurufocus.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 start of the year. Since then, SPMC shares have decreased by 14.7% and is now trading at $17.8250. How were Sound Point Meridian Capital's earnings last quarter? Sound Point Meridian Capital, Inc. (NYSE:SPMC) posted its quarterly earnings data on Tuesday, August, 12th. The company reported $0.53 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.56 by $0.03. The company had revenue of $19.21 million for the quarter, compared to the consensus estimate of $20.72 million. Who are Sound Point Meridian Capital's major shareholders? Top institutional investors of Sound Point Meridian Capital include Kim LLC (53.31%), Envestnet Asset Management Inc. (0.49%), Marshall Wace LLP (0.38%) 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 Record date for 7/31 Dividend7/15/2025Ex-Dividend for 7/31 Dividend7/15/2025Dividend Payable7/31/2025Last Earnings8/12/2025Record date for 8/29 Dividend8/15/2025Ex-Dividend for 8/29 Dividend8/15/2025Today8/29/2025Dividend Payable8/29/2025Next Earnings (Estimated)9/12/2025Fiscal 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+19.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Trailing Twelve Months)N/A Trailing P/E Ratio12.55 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 Sales$64.39 million Price / Sales5.60 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares20,233,000Free FloatN/AMarket Cap$360.65 million OptionableN/A Beta0.26 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? 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