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NYSE:SPMC

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

Sound Point Meridian Capital logo
$18.70 -0.45 (-2.35%)
Closing price 04/25/2025 03:59 PM Eastern
Extended Trading
$18.70 0.00 (0.00%)
As of 04/25/2025 05:14 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.

About Sound Point Meridian Capital Stock (NYSE:SPMC)

Key Stats

Today's Range
$18.61
$19.25
50-Day Range
$17.11
$22.15
52-Week Range
$16.26
$22.30
Volume
14,833 shs
Average Volume
26,699 shs
Market Capitalization
$378.36 million
P/E Ratio
N/A
Dividend Yield
16.04%
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.

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SPMC Stock News Headlines

B. Riley Has Bearish Estimate for SPMC Q4 Earnings
Warning: “DOGE Collapse” imminent
Elon Strikes Back You may already sense that the tide is turning against Elon Musk and DOGE. Just this week, President Trump promised to buy a Tesla to help support Musk in the face of a boycott against his company. But according to one research group, with connections to the Pentagon and the U.S. government, Elon's preparing to strike back in a much bigger way in the days ahead.
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 10.5% and is now trading at $18.70.
View the best growth stocks for 2025 here
.

Sound Point Meridian Capital, Inc. (NYSE:SPMC) announced its earnings results on Wednesday, February, 12th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.11.

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

Ex-Dividend for 1/31 Dividend
1/15/2025
Record date for 1/31 Dividend
1/16/2025
Dividend Payable
1/31/2025
Last Earnings
2/12/2025
Record date for 4/30 Dividend
4/15/2025
Ex-Dividend for 4/30 Dividend
4/15/2025
Today
4/26/2025
Dividend Payable
4/30/2025
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
+16.3%
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
$378.36 million
Optionable
N/A
Beta
N/A
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This page (NYSE:SPMC) was last updated on 4/27/2025 by MarketBeat.com Staff
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