Free Trial
NYSE:SPMC

Sound Point Meridian Capital (SPMC) Stock Price, News & Analysis

Sound Point Meridian Capital logo
$18.25 +0.05 (+0.27%)
As of 01:40 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Sound Point Meridian Capital Stock (NYSE:SPMC)

Key Stats

Today's Range
$18.04
$18.39
50-Day Range
$17.11
$20.50
52-Week Range
$16.26
$22.30
Volume
10,770 shs
Average Volume
26,468 shs
Market Capitalization
$369.25 million
P/E Ratio
N/A
Dividend Yield
16.44%
Price Target
$21.75
Consensus Rating
Strong 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.

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.

SPMC Stock News Headlines

SPMC Sound Point Meridian Capital Inc
Market Panic: Trump Just Dropped a Bomb on Your Stocks
tock Market Panic: Trump Just Dropped a Bomb on Your Stocks The market is in freefall—and Trump's new tariffs just lit the fuse. Millions of investors are blindsided as stocks plunge… but this is only Phase 1. If you're still holding the wrong assets, you could lose 30% or more in the coming weeks.
See More Headlines

SPMC Stock Analysis - Frequently Asked Questions

Sound Point Meridian Capital's stock was trading at $20.90 at the beginning of the year. Since then, SPMC shares have decreased by 12.7% and is now trading at $18.25.
View the best growth stocks for 2025 here
.

Sound Point Meridian Capital, Inc. (NYSE:SPMC) released its quarterly earnings data on Thursday, May, 29th. The company reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.06. The firm earned $22.66 million during the quarter, compared to analysts' expectations of $20.48 million.

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
.

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.

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 4/30 Dividend
4/15/2025
Ex-Dividend for 4/30 Dividend
4/15/2025
Dividend Payable
4/30/2025
Ex-Dividend for 5/30 Dividend
5/15/2025
Record date for 5/30 Dividend
5/16/2025
Last Earnings
5/29/2025
Today
5/30/2025
Dividend Payable
5/30/2025
Next Earnings (Estimated)
8/15/2025
Fiscal Year End
3/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
Holding & other investment offices
Sub-Industry
N/A
Current Symbol
NYSE:SPMC
Previous Symbol
NYSE:SPMC
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.75
High Stock Price Target
$22.50
Low Stock Price Target
$21.00
Potential Upside/Downside
+19.5%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Price / Cash Flow
N/A
Price / Book
N/A

Miscellaneous

Free Float
N/A
Market Cap
$368.22 million
Optionable
N/A
Beta
N/A
The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report

This page (NYSE:SPMC) was last updated on 5/30/2025 by MarketBeat.com Staff
From Our Partners