NYSE:SPMC Sound Point Meridian Capital (SPMC) Stock Price, News & Analysis $18.10 -0.15 (-0.80%) Closing price 05/22/2025 03:58 PM EasternExtended Trading$18.08 -0.02 (-0.14%) As of 05/22/2025 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$17.81▼$18.4950-Day Range$17.11▼$21.1552-Week Range$16.26▼$22.30Volume31,978 shsAverage Volume26,532 shsMarket Capitalization$366.30 millionP/E RatioN/ADividend Yield16.57%Price Target$21.75Consensus RatingStrong Buy Company OverviewSound 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 Capital Updates Net Asset ValueMay 12, 2025 | tipranks.com2 High-Yield Picks From ECC And SPMC - Yields Up To 9%May 6, 2025 | seekingalpha.comMusk’s Project Colossus could mint millionairesI predict this single breakthrough could make Elon the world’s first trillionaire — and mint more new millionaires than any tech advance in history. And for a limited time, you have the chance to claim a stake in this project, even though it’s housed inside Elon’s private company, xAI.May 23, 2025 | Brownstone Research (Ad)Sound Point Meridian Capital, Inc. Common Stock (SPMC) Option ChainMay 4, 2025 | nasdaq.comSound Point Meridian Capital Inc. 8% Pfd. Series AApril 29, 2025 | barrons.comThe Tide Is Changing, Be Prepared With CLOs To Keep The Income Streaming InMarch 5, 2025 | seekingalpha.comSPMC: Outperformance And Income Growth Catalysts For This 13.7% Yielding CEFMarch 5, 2025 | seekingalpha.comSound Point Meridian Capital Inc (NYSE:SPMC) Q3 2025 Earnings Call TranscriptFebruary 13, 2025 | msn.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 on January 1st, 2025. Since then, SPMC stock has decreased by 13.4% and is now trading at $18.1040. View the best growth stocks for 2025 here. How were Sound Point Meridian Capital's earnings last quarter? Sound Point Meridian Capital, Inc. (NYSE:SPMC) announced its quarterly earnings results on Wednesday, February, 12th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.11. Who are Sound Point Meridian Capital's major shareholders? Sound Point Meridian Capital's top institutional shareholders include Goldman Sachs Group Inc. (2.47%), Thomas J. Herzfeld Advisors Inc. (1.11%), Envestnet Asset Management Inc. (0.72%) and Choreo LLC (0.12%). 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 Earnings2/12/2025Record date for 4/30 Dividend4/15/2025Ex-Dividend for 4/30 Dividend4/15/2025Dividend Payable4/30/2025Ex-Dividend for 5/30 Dividend5/15/2025Record date for 5/30 Dividend5/16/2025Today5/23/2025Next Earnings (Estimated)5/29/2025Dividend Payable5/30/2025Fiscal Year End3/31/2026Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Holding & other investment offices 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 Stock Price Target$21.75 High Stock Price Target$22.50 Low Stock Price Target$21.00 Potential Upside/Downside+20.1%Consensus RatingStrong Buy Rating Score (0-4)3.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)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 Shares20,233,000Free FloatN/AMarket Cap$366.30 million OptionableN/A BetaN/A Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? 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