NYSE:SPMC Sound Point Meridian Capital (SPMC) Stock Price, News & Analysis $19.86 +0.03 (+0.15%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$19.80▼$20.0050-Day Range$19.00▼$20.3552-Week Range$18.20▼$20.65Volume5,223 shsAverage Volume5,282 shsMarket CapitalizationN/AP/E RatioN/ADividend Yield12.08%Price Target$21.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsInsider TradesOwnershipSEC FilingsShort InterestTrends Get Sound Point Meridian Capital alerts: Email Address Sound Point Meridian Capital MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside5.7% Upside$21.00 Price TargetShort InterestHealthy0.05% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$145,787 Bought Last QuarterProj. Earnings Growth127.03%From $1.11 to $2.52 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.79 out of 5 stars 1.5 Analyst's Opinion Consensus RatingSound Point Meridian Capital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageSound Point Meridian Capital has only been the subject of 1 research reports in the past 90 days.Read more about Sound Point Meridian Capital's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.05% 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 0.3, 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 increased by 73.17%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipSound Point Meridian Capital is a leading dividend payer. It pays a dividend yield of 12.06%, 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 95.24% 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SPMC. Previous Next 2.7 News and Social Media Coverage News SentimentSound Point Meridian Capital has a news sentiment score of 0.94. 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 0.70 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 Interest2 people have searched for SPMC on MarketBeat in the last 30 days. Previous Next 1.7 Company Ownership 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 $145,787.00 in company stock and sold $0.00 in company stock.Read more about Sound Point Meridian Capital's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Sound Point Meridian Capital are expected to grow by 127.03% in the coming year, from $1.11 to $2.52 per share. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… Click here now and learn how to prepare. About Sound Point Meridian CapitalSound 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 SPMC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPMC Stock News HeadlinesAugust 31, 2024 | insidertrades.comInsider Buying: Sound Point Meridian Capital, Inc. (NYSE:SPMC) Chairman Buys 7,326 Shares of StockSeptember 1, 2024 | americanbankingnews.comSound Point Meridian Capital, Inc. (NYSE:SPMC) Chairman Stephen Ketchum Buys 7,326 SharesSee More Headlines 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 Company Calendar Today9/07/2024Ex-Dividend for 9/30 Dividend9/16/2024Dividend Payable9/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Holding & other investment offices Sub-IndustryN/A Current SymbolNYSE:SPMC CUSIPN/A CIK1930147 Webwww.soundpointcap.com Phone(212) 895-2280FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$21.00 High Stock Price Target$21.00 Low Stock Price Target$21.00 Potential Upside/Downside+5.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 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 SharesN/AFree FloatN/AMarket CapN/A OptionableN/A BetaN/A 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key CompetitorsMorgan Stanley Direct LendingNYSE:MSDLBlue Owl Capital Co. IIINYSE:OBDEKayne Anderson BDCNYSE:KBDCBain Capital Specialty FinanceNYSE:BCSFChurchill Capital Corp VIINYSE:CVIIView All CompetitorsInsiders & InstitutionsStephen KetchumBought 7,326 shares on 8/28/2024Total: $145,787.40 ($19.90/share)Frank Rimerman Advisors LLCBought 10,000 shares on 8/14/2024Ownership: 0.000%Envestnet Asset Management Inc.Bought 142,691 shares on 8/8/2024Ownership: 0.000%Choreo LLCBought 41,234 shares on 8/7/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions SPMC Stock Analysis - Frequently Asked Questions How have SPMC shares performed this year? Sound Point Meridian Capital's stock was trading at $19.90 at the beginning of the year. Since then, SPMC shares have decreased by 0.2% and is now trading at $19.86. View the best growth stocks for 2024 here. Who are Sound Point Meridian Capital's major shareholders? Sound Point Meridian Capital's top institutional investors include Envestnet Asset Management Inc., Choreo LLC and Frank Rimerman Advisors LLC. 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. Compare Top Brokerages Here. 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