Positive News SentimentPositive NewsNYSE:SPMC Sound Point Meridian Capital (SPMC) Stock Price, News & Analysis $8.94 -0.12 (-1.27%) Closing price 09/18/2026 03:59 PM EasternExtended Trading$8.98 +0.04 (+0.39%) As of 09/18/2026 07:30 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 Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsInsider TradesNews and TrendsOwnershipSEC FilingsShort Interest About Sound Point Meridian Capital Stock (NYSE:SPMC) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get SPMC alerts:Sign Up Key Stats Today's Range$8.91▼$9.2250-Day Range$8.95▼$10.9752-Week Range$8.36▼$18.20Volume15,900 shsAverage Volume21,703 shsMarket Capitalization$183.37 millionP/E RatioN/ADividend Yield26.83%Price Target$15.13Consensus RatingHold Company Overview Sound Point Meridian Capital, Inc. (NYSE: SPMC) is a closed-end investment company focused on opportunities in the collateralized loan obligation (CLO) market. The company primarily invests in CLO equity and junior debt securities backed by diversified portfolios of corporate loans. Its investment strategy is designed to generate current income and long-term total returns through exposure to broadly syndicated loans and structured credit markets. Sound Point Meridian Capital is externally managed by Sound Point Capital Management, an alternative investment manager specializing in credit and structured finance. The company’s investments are primarily connected to the U.S. corporate loan market, although the underlying businesses and borrowers may operate across a range of industries and geographies. Publicly available information about the company’s operating history and leadership is limited.AI Generated. May Contain Errors. Read More Sound Point Meridian Capital Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks91st Percentile Overall ScoreSPMC MarketRank™: Sound Point Meridian Capital scored higher than 91% of companies evaluated by MarketBeat, and ranked 265th out of 838 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.4 / 5Analyst RatingHold Consensus RatingSound Point Meridian Capital has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and 1 sell rating.Upside PotentialSound Point Meridian Capital has a consensus price target of $15.13, representing about 69.1% upside from its current price of $8.95.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 Valuation1.9 / 5Proj. Earnings Growth1.92% Earnings GrowthEarnings for Sound Point Meridian Capital are expected to grow by 1.92% in the coming year, from $1.04 to $1.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sound Point Meridian Capital is 5.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.67.Price to Earnings Ratio vs. SectorThe P/E ratio of Sound Point Meridian Capital is 5.74, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.31.Read more about Sound Point Meridian Capital's valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.41% 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 2.94, 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 decreased by 37.02%, indicating that investor sentiment is improving significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipSound Point Meridian Capital is a leading dividend payer. It pays a dividend yield of 26.79%, 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 SustainabilityBased on EPS estimates, Sound Point Meridian Capital will have a dividend payout ratio of 226.42% in the coming year. This indicates that Sound Point Meridian Capital may not be able to sustain their current dividend.Read more about Sound Point Meridian Capital's dividend. News and Social Media3.1 / 5News SentimentN/A News SentimentSound Point Meridian Capital has a news sentiment score of 1.90. 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 higher news sentiment than the 0.72 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Sound Point Meridian Capital this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for SPMC on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Sound Point Meridian Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership2.2 / 5Insider TradingAcquiring Shares Net Insider BuyingOver the last three months, insiders have purchased a net $14,704.00 in company stock, which represents 0.0080% of the company's market cap.Insider Buying vs. Insider SellingIn the past three months, Sound Point Meridian Capital insiders have bought 65.85% more of their company's stock than they have sold. Specifically, they have bought $37,032.00 in company stock and sold $22,328.00 in company stock.Percentage Held by Insiders0.89% of the stock of Sound Point Meridian Capital is held by insiders.Percentage Held by InstitutionsSound Point Meridian Capital has minimal institutional ownership at this time.Read more about Sound Point Meridian Capital's insider trading history. 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Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. SPMC Stock News HeadlinesSound Point Meridian Capital Reports Updated NAV Per ShareSeptember 8, 2026 | tipranks.comSound Point Meridian Capital (NYSE:SPMC) Director Purchases 2,400 SharesAugust 29, 2026 | insidertrades.comTrump goes "all-in" on Grand Canyon energy breakthroughA drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years. While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million. One company controls the entire supply chain behind this discovery.September 20 at 1:00 AM | Behind the Markets (Ad)Sound Point Meridian signals $0.13 monthly distribution and 6-month fee waiver through December 2026August 12, 2026 | seekingalpha.comSound Point Meridian Capital Inc (SPMC) Q1 2027 Earnings Call TranscriptAugust 12, 2026 | seekingalpha.comSound Point Meridian Capital, Inc. Schedules First Fiscal Quarter Ended June 30, 2026 Earnings Release and Conference CallJuly 29, 2026 | finance.yahoo.comSound Point Meridian Capital Reports Q2 NAV and IncomeJuly 15, 2026 | tipranks.comSound Point Meridian Updates Estimated Net Asset Value RangeJune 8, 2026 | tipranks.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 $13.69 at the start of the year. Since then, SPMC stock has decreased by 34.7% and is now trading at $8.9450. How were Sound Point Meridian Capital's earnings last quarter? Sound Point Meridian Capital, Inc. (NYSE:SPMC) released its quarterly earnings data 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 company earned $12.42 million during the quarter, compared to the consensus estimate of $14.18 million. Read the conference call transcript. When did Sound Point Meridian Capital IPO? Sound Point Meridian Capital (SPMC) raised $80 million in an IPO on Friday, June 14th 2024. The company issued 4,000,000 shares at a price of $20.00 per share. Who are Sound Point Meridian Capital's major shareholders? Top institutional investors of Sound Point Meridian Capital include Allied Private Wealth LLC (0.46%) and Advisory Solutions Group LLC (0.16%). Insiders that own company stock include Guaranty Ltd Assured, Stephen Ketchum, Ujjaval Desai 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 ExxonMobil (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 Earnings8/12/2026Record date for 9/30 Dividend9/15/2026Ex-Dividend for 9/30 Dividend9/15/2026Today9/20/2026Dividend Payable9/30/2026Record date for 10/30 Dividend10/15/2026Ex-Dividend for 10/30 Dividend10/15/2026Dividend Payable10/30/2026Next Earnings (Estimated)11/12/2026Fiscal Year End3/31/2027Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Yellow Zone (4d) 1-Year History Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 As of 4 days ago, SPMC's financial health entered the Yellow zone, according to TradeSmith. Industry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Capital Markets Sub-IndustryAsset Management & Custody Banks 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$15.13 High Price Target$20.00 Low Price Target$10.00 Potential Upside/Downside+69.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Trailing Twelve Months)N/A Trailing P/E RatioN/A Forward P/E Ratio8.60 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$72.51 million Price / Sales2.53 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares20,500,000Free Float20,315,000Market Cap$183.37 million OptionableN/A Beta1.14 The 7 Hottest IPO Stories of 2026MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.Get This Free Report This page (NYSE:SPMC) was last updated on 9/20/2026 by MarketBeat.com Staff. From Our Partners$40,000,000,000,000The national debt just hit 40 trillion dollars, and the U.S. now spends more on interest payments than on its ...American Alternative | SponsoredTrump goes "all-in" on Grand Canyon energy breakthroughA drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of...Behind the Markets | SponsoredA “bloodbath” Is ComingReports suggest some Silicon Valley billionaires are stockpiling gold, guns, and gas masks - or leaving the co...TradeSmith | SponsoredElon Musk to Trigger Next AI Wave on November 11th?Jeff Brown picked Nvidia in 2016, before shares surged 37,800 percent. Now he's identified another AI company ...Brownstone Research | SponsoredNo Wallstreet. No Advisor. 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