NYSE:SPMC Sound Point Meridian Capital (SPMC) Stock Price, News & Analysis $11.27 +0.15 (+1.34%) As of 01:25 PM Eastern This is a fair market value price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsBuy This Stock 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$11.10▼$11.3750-Day Range$8.44▼$11.3652-Week Range$8.36▼$19.17Volume33,068 shsAverage Volume37,562 shsMarket Capitalization$231.01 millionP/E RatioN/ADividend Yield21.30%Price Target$16.10Consensus RatingHold 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™ Stocks72nd Percentile Overall ScoreSPMC MarketRank™: Sound Point Meridian Capital scored higher than 72% of companies evaluated by MarketBeat, and ranked 455th out of 888 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingHold Consensus RatingSound Point Meridian Capital has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on no strong buy ratings, 1 buy rating, 3 hold ratings, and no sell ratings.Upside PotentialSound Point Meridian Capital has a consensus price target of $16.10, representing about 42.7% upside from its current price of $11.29.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 Valuation0.0 / 5Proj. Earnings Growth-13.09% Earnings GrowthEarnings for Sound Point Meridian Capital are expected to decrease by -13.09% in the coming year, from $1.91 to $1.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sound Point Meridian Capital is -3.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Sound Point Meridian Capital is -3.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Read more about Sound Point Meridian Capital's valuation and earnings. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.74% 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 6.35.Change versus previous monthShort interest in Sound Point Meridian Capital has recently decreased by 32.68%, 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 21.11%, 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 144.58% 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 Media2.5 / 5News Sentiment-0.01 News SentimentSound Point Meridian Capital has a news sentiment score of -0.01. 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 0.73 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Sound Point Meridian Capital this week, compared to 2 articles on an average week.Search Interest8 people have searched for SPMC on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat Follows7 people have added Sound Point Meridian Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Company Ownership2.9 / 5Insider TradingAcquiring Shares Net Insider BuyingOver the last three months, insiders have purchased a net $5,999,989.00 in company stock, which represents 2.5936% of the company's market cap.Insider Buying vs. Insider SellingIn the past three months, Sound Point Meridian Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $5,999,989.00 in company stock and sold $0.00 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. 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. 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Schedules Fourth Fiscal Quarter Ended March 31, 2026 Earnings Release and Conference CallMay 13 at 5:13 PM | finance.yahoo.comComparing Sound Point Meridian Capital (NYSE:SPMC) and Janus Henderson Group (NYSE:JHG)May 12 at 3:58 AM | americanbankingnews.comRead this or regret it foreverThree Nobel Prize Winners expose this once-in-a-generation wealth shift: “Don’t Say I Didn’t Warn You” Porter Stansberry exposes how the convergence of three immense forces is about to rewrite everything about the American way of life: how you work, save, invest… it’s all about to change.May 14 at 1:00 AM | Porter & Company (Ad)Sound Point Meridian Announces April 2026 NAV EstimateMay 11 at 6:11 PM | tipranks.comSound Point Meridian Capital Preferreds: Inadequate Compensation For Embedded Credit RiskMay 7, 2026 | seekingalpha.comSound Point Meridian Capital (NYSE:SPMC) Major Shareholder Guaranty Ltd Assured Acquires 242,718 SharesMay 1, 2026 | insidertrades.comAssured Guaranty buys $6m in Sound Point Meridian Capital sharesApril 30, 2026 | investing.comSound Point Meridian Capital, Inc. - Preferred stock (SPME) price target decreased by 14.37% to 36.89April 10, 2026 | 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 $13.69 on January 1st, 2026. Since then, SPMC stock has decreased by 17.6% and is now trading at $11.2850. How were Sound Point Meridian Capital's earnings last quarter? Sound Point Meridian Capital, Inc. (NYSE:SPMC) posted its quarterly earnings results on Wednesday, February, 11th. The company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.55 by $0.11. The business had revenue of $17.95 million for the quarter, compared to analyst estimates of $20.45 million. When did Sound Point Meridian Capital IPO? Sound Point Meridian Capital (SPMC) raised $80 million in an initial public offering (IPO) on Friday, June 14th 2024. The company issued 4,000,000 shares at a price of $20.00 per share. 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 Earnings2/11/2026Today5/14/2026Record date for 5/29 Dividend5/15/2026Ex-Dividend for 5/29 Dividend5/15/2026Next Earnings (Confirmed)5/27/2026Dividend Payable5/29/2026Record date for 6/30 Dividend6/15/2026Ex-Dividend for 6/30 Dividend6/15/2026Dividend Payable6/30/2026Fiscal 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. Green Zone (1m+) 1-Year History May 25 Aug 25 Nov 25 Feb 26 May 26 SPMC's financial health is in the Green zone, according to TradeSmith. SPMC has been in this zone for over one month. Industry, 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$16.10 High Price Target$20.00 Low Price Target$10.00 Potential Upside/Downside+42.9%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Trailing Twelve Months)N/A Trailing P/E RatioN/A Forward P/E Ratio5.90 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 Shares20,500,000Free Float20,315,000Market Cap$231.01 million OptionableN/A Beta1.01 5G Stocks: The Path Forward is ProfitableClick the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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