Sound Point Meridian Capital Inc (SPMC)

$14.67 +0.54 (3.82%)
Market Cap 281.01M
Revenue (ttm) 64.39M
Net Income (ttm) 63.60M
EPS (ttm) N/A
PE Ratio 5.85
Forward PE 6.32
Profit Margin 98.77%
Debt to Equity Ratio 0.00
Volume 33,000
Avg Vol 26,430
Day's Range N/A - N/A
Shares Out 20.50M
Stochastic %K 98%
Beta 0.32
Analysts Sell
Price Target $17.50

Company Profile

Sound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S. senior secured loans. The company was founded in 2022 and is based in New York, New York.

Phone: 212 895 2280
Address:
375 Park Avenue, 34th Floor, New York, United States
WinterHaven
WinterHaven Dec. 23 at 4:13 PM
$SPMC Looks like more insider buying on 12/17 ,12/88 and 12/19 by Director.
0 · Reply
stockhawk12
stockhawk12 Dec. 20 at 12:16 AM
Posted on behalf of South Pacific Metals Corp. – South Pacific Metals $SPMC.V $SPMC $SPMC.TSX $SPMEF is advancing district-scale #gold–#copper exploration at its Osena Project in Papua New Guinea’s Kainantu belt, near K92 Mining’s operations, following an upsized C$9.2M financing. Surface work at Ontenu NE outlined a large epithermal Cu–Ag–Au system, and drilling has begun at the southern end of the target. Full details⬇️ https://southpacificmetals.ca/news/
0 · Reply
CEOBuysDisclosures
CEOBuysDisclosures Dec. 17 at 2:40 AM
$SPMC CEO purchased 3,162 shares at $13.62 for a total of $43,052. Desai Ujjaval now owns 81,741 shares. https://ceo-buys.com
0 · Reply
SuperGreenToday
SuperGreenToday Dec. 16 at 12:12 PM
$SPMC
0 · Reply
stockhawk12
stockhawk12 Dec. 15 at 11:42 PM
Posted on behalf of South Pacific Metals Corp. - South Pacific Metals $SPMC $SPMC.V $SPMEF is advancing district-scale gold-copper exploration at its Osena Project in PNG’s Kainantu belt, immediately adjacent to K92 Mining's operations. An upsized C$9.2M financing supports drilling and expanded work at Ontenu NE, where high-grade Cu-Ag-Au rock chips have been reported. Full details here: https://southpacificmetals.ca/south-pacific-metals-announces-closing-of-c9-2-million-marketed-equity-offering/
0 · Reply
JarvisFlow
JarvisFlow Nov. 28 at 3:33 PM
Clear Street updates rating for Sound Point Meridian Capital, Inc. Common Stock ( $SPMC ) to Buy, target set at 20 → 18.
0 · Reply
JarvisFlow
JarvisFlow Nov. 20 at 6:05 PM
B. Riley Securities has adjusted their stance on Sound Point Meridian Capital, Inc. Common Stock ( $SPMC ), setting the rating to Buy with a target price of 23 → 16.
0 · Reply
johannburkard
johannburkard Nov. 13 at 6:48 PM
Price/book of $EIC, $OXLC, $ECC, $EARN and $SPMC, last five years. Reaching new all time lows. (Via https://seekingalpha.com/symbol/CCIF/charting?compare=EIC%2COXLC%2CECC%2CEARN%2CSPMC&interval=5Y&metric=pb_ratio)
1 · Reply
johannburkard
johannburkard Nov. 13 at 1:15 PM
Lots of unrealized losses in $SPMC's and $ECC's quarterly numbers... $SPMC: https://s203.q4cdn.com/683785430/files/doc_financials/2025/q2/Sound-Point-Meridian-Capital-Earnings-FQ2-2026.pdf (losses ~256% of net income) $ECC: https://www.eaglepointcreditcompany.com/documents/FG/eaglepoint/ir/650535_EPCC-Q3_2025-Financial_Statements.pdf (losses ~112% of net income)
1 · Reply
resistancebreakers
resistancebreakers Oct. 23 at 12:44 PM
$SPMC insiders shopping spree 🔥🪖🫡☝️
0 · Reply
Latest News on SPMC
SPMC: Caught In The CLO Credit Cycle Conundrum

Jan 5, 2026, 9:34 AM EST - 1 day ago

SPMC: Caught In The CLO Credit Cycle Conundrum

Trying To Give A Credit Rating For Sound Point Meridian Capital Inc

Nov 27, 2025, 11:28 AM EST - 5 weeks ago

Trying To Give A Credit Rating For Sound Point Meridian Capital Inc

SPMA SPME

Sound Point Meridian Capital, Inc. Announces Results for the Second Fiscal Quarter Ended September 30, 2025

Nov 13, 2025, 7:00 AM EST - 7 weeks ago

Sound Point Meridian Capital, Inc. Announces Results for the Second Fiscal Quarter Ended September 30, 2025

Sound Point Meridian Capital, Inc. Announces Fourth Fiscal Quarter 2026 Common and Preferred Distributions

Nov 5, 2025, 8:08 PM EST - 2 months ago

Sound Point Meridian Capital, Inc. Announces Fourth Fiscal Quarter 2026 Common and Preferred Distributions

Sound Point Meridian Capital, Inc. Schedules Second Fiscal Quarter Ended September 30, 2025 Earnings Release and Conference Call

Oct 30, 2025, 7:00 AM EDT - 2 months ago

Sound Point Meridian Capital, Inc. Schedules Second Fiscal Quarter Ended September 30, 2025 Earnings Release and Conference Call

Sound Point Meridian Capital Term Preferred Stock

Aug 18, 2025, 10:00 AM EDT - 5 months ago

Sound Point Meridian Capital Term Preferred Stock

SPMA SPME

Sound Point Meridian Capital, Inc. Announces Results for the First Fiscal Quarter Ended June 30, 2025

Aug 12, 2025, 7:00 AM EDT - 5 months ago

Sound Point Meridian Capital, Inc. Announces Results for the First Fiscal Quarter Ended June 30, 2025

Sound Point Meridian Capital, Inc. Announces Third Fiscal Quarter 2026 Common and Preferred Distributions

Aug 5, 2025, 5:34 PM EDT - 5 months ago

Sound Point Meridian Capital, Inc. Announces Third Fiscal Quarter 2026 Common and Preferred Distributions

Sound Point Meridian Capital, Inc. Schedules First Fiscal Quarter Ended June 30, 2025 Earnings Release and Conference Call

Jul 29, 2025, 7:00 AM EDT - 5 months ago

Sound Point Meridian Capital, Inc. Schedules First Fiscal Quarter Ended June 30, 2025 Earnings Release and Conference Call

Preferreds Weekly Review: Bonds Vs. Preferreds

Jul 20, 2025, 9:01 PM EDT - 6 months ago

Preferreds Weekly Review: Bonds Vs. Preferreds

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SPME: An 7.875% Term Preferred IPO From Sound Point Meridian Capital

Jul 19, 2025, 12:15 PM EDT - 6 months ago

SPME: An 7.875% Term Preferred IPO From Sound Point Meridian Capital

SPMA

Sound Point Meridian Capital Prices Offering of Preferred Shares

Jul 8, 2025, 7:30 PM EDT - 6 months ago

Sound Point Meridian Capital Prices Offering of Preferred Shares

Sound Point Meridian Capital Announces Offering of Series B Preferred Shares

Jul 7, 2025, 5:22 PM EDT - 6 months ago

Sound Point Meridian Capital Announces Offering of Series B Preferred Shares

Sound Point Meridian Capital Inc (SPMC) Q4 2025 Earnings Call Transcript

May 29, 2025, 1:57 PM EDT - 7 months ago

Sound Point Meridian Capital Inc (SPMC) Q4 2025 Earnings Call Transcript

SPMA

Sound Point Meridian Capital, Inc. Announces Second Fiscal Quarter 2026 Common Distributions and Preferred Distributions and Results for the Fourth Fiscal Quarter Ended March 31, 2025

May 29, 2025, 7:00 AM EDT - 7 months ago

Sound Point Meridian Capital, Inc. Announces Second Fiscal Quarter 2026 Common Distributions and Preferred Distributions and Results for the Fourth Fiscal Quarter Ended March 31, 2025

Sound Point Meridian Capital, Inc. Schedules Fourth Fiscal Quarter Ended March 31, 2025 Earnings Release and Conference Call

May 15, 2025, 7:00 AM EDT - 8 months ago

Sound Point Meridian Capital, Inc. Schedules Fourth Fiscal Quarter Ended March 31, 2025 Earnings Release and Conference Call

It's Raining CLO Equity CEFs And Why We Got Longer

May 8, 2025, 6:42 AM EDT - 8 months ago

It's Raining CLO Equity CEFs And Why We Got Longer

CCIA CCIF EARN ECC ECCC ECCF ECCV

2 High-Yield Picks From ECC And SPMC - Yields Up To 9%

May 6, 2025, 10:45 AM EDT - 8 months ago

2 High-Yield Picks From ECC And SPMC - Yields Up To 9%

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Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)

Apr 23, 2025, 12:47 PM EDT - 9 months ago

Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)

AGD BGR BKT BNY BSTZ CLM DXYZ

Why CLO Equity Could Be In For More Pain Ahead (And How To Navigate It)

Mar 27, 2025, 2:54 PM EDT - 10 months ago

Why CLO Equity Could Be In For More Pain Ahead (And How To Navigate It)

CCIF ECC EIC OCCI OXLC PDCC XFLT

Closed-End Funds: Seeking Stable Yields From CLO Baby Bonds And Preferred

Mar 20, 2025, 11:17 AM EDT - 10 months ago

Closed-End Funds: Seeking Stable Yields From CLO Baby Bonds And Preferred

ECC ECCC ECCF ECCV ECCX OCCI OXLC

CEF Weekly Review: The Different Flavors Of Net Investment Income

Mar 8, 2025, 7:30 AM EST - 10 months ago

CEF Weekly Review: The Different Flavors Of Net Investment Income

CCIF PDCC

The Tide Is Changing, Be Prepared With CLOs To Keep The Income Streaming In

Mar 5, 2025, 8:56 AM EST - 10 months ago

The Tide Is Changing, Be Prepared With CLOs To Keep The Income Streaming In

CCIF ECC OCCI OXLC

SPMC: Outperformance And Income Growth Catalysts For This 13.7% Yielding CEF

Mar 5, 2025, 4:47 AM EST - 10 months ago

SPMC: Outperformance And Income Growth Catalysts For This 13.7% Yielding CEF

CEF Weekly Review: Explaining Preferred CEFs Double-Digit Gains

Feb 15, 2025, 7:32 AM EST - 11 months ago

CEF Weekly Review: Explaining Preferred CEFs Double-Digit Gains

BCAT BMEZ BSTZ ECAT ECC EFR EFT

Sound Point Meridian Capital Inc (SPMC) Q3 2025 Earnings Call Transcript

Feb 12, 2025, 3:03 PM EST - 11 months ago

Sound Point Meridian Capital Inc (SPMC) Q3 2025 Earnings Call Transcript

SPMA

Sound Point Meridian Capital, Inc. Announces Results for the Third Fiscal Quarter Ended December 31, 2024

Feb 12, 2025, 7:00 AM EST - 11 months ago

Sound Point Meridian Capital, Inc. Announces Results for the Third Fiscal Quarter Ended December 31, 2024

Sound Point Meridian Capital, Inc. Announces First Fiscal Quarter 2026 Common Distributions and Preferred Distributions

Feb 5, 2025, 4:27 PM EST - 11 months ago

Sound Point Meridian Capital, Inc. Announces First Fiscal Quarter 2026 Common Distributions and Preferred Distributions

Sound Point Meridian Capital, Inc. Schedules Third Fiscal Quarter Ended December 31, 2024 Earnings Release and Conference Call

Jan 29, 2025, 7:00 AM EST - 1 year ago

Sound Point Meridian Capital, Inc. Schedules Third Fiscal Quarter Ended December 31, 2024 Earnings Release and Conference Call

SPMC: New CLO Equity CEF Raises Monthly Dividend Again, Now Yields 13%

Dec 12, 2024, 12:02 PM EST - 1 year ago

SPMC: New CLO Equity CEF Raises Monthly Dividend Again, Now Yields 13%

Preferreds Weekly Review: Mortgage REITs See Some Redemptions

Nov 17, 2024, 5:55 AM EST - 1 year ago

Preferreds Weekly Review: Mortgage REITs See Some Redemptions

IVR SPMA

CEF Weekly Review: Few Opportunities This Tax-Loss Season

Nov 16, 2024, 8:30 AM EST - 1 year ago

CEF Weekly Review: Few Opportunities This Tax-Loss Season

XFLT

Sound Point Meridian Capital, Inc. Announces Results for the Second Fiscal Quarter Ended September 30, 2024

Nov 13, 2024, 7:00 AM EST - 1 year ago

Sound Point Meridian Capital, Inc. Announces Results for the Second Fiscal Quarter Ended September 30, 2024

SPMA: New CEF Preferred Equity, 8% Yield

Nov 10, 2024, 9:35 PM EST - 1 year ago

SPMA: New CEF Preferred Equity, 8% Yield

SPMA

Sound Point Meridian Capital, Inc. Announces 9.1% Increase in First Calendar Quarter 2025 Common Distributions and Declares Preferred Distributions

Nov 7, 2024, 5:27 PM EST - 1 year ago

Sound Point Meridian Capital, Inc. Announces 9.1% Increase in First Calendar Quarter 2025 Common Distributions and Declares Preferred Distributions

SPMA

SPMC: Not The Right Time To Leverage Up, Preferred Shares Look Better

Nov 2, 2024, 4:50 AM EDT - 1 year ago

SPMC: Not The Right Time To Leverage Up, Preferred Shares Look Better

Sound Point Meridian Capital Announces Offering of Series A Preferred Shares

Oct 30, 2024, 5:29 PM EDT - 1 year ago

Sound Point Meridian Capital Announces Offering of Series A Preferred Shares

SPMA

Sound Point Meridian Capital, Inc. Schedules Second Fiscal Quarter Ended September 30, 2024 Earnings Release and Conference Call

Oct 30, 2024, 4:15 PM EDT - 1 year ago

Sound Point Meridian Capital, Inc. Schedules Second Fiscal Quarter Ended September 30, 2024 Earnings Release and Conference Call

CEF Weekly Review: CEFs Rally Through First Fed Cut

Sep 28, 2024, 11:19 PM EDT - 1 year ago

CEF Weekly Review: CEFs Rally Through First Fed Cut

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SPMC: The 13%-Yielding CLO CEF Makes Its Public Debut

Sep 20, 2024, 9:30 AM EDT - 1 year ago

SPMC: The 13%-Yielding CLO CEF Makes Its Public Debut

Sound Point Meridian Capital, Inc Announces Fourth Fiscal Quarter 2024 Common Distributions and Fiscal Second Quarter 2024 Financial Results

Aug 15, 2024, 7:00 AM EDT - 1 year ago

Sound Point Meridian Capital, Inc Announces Fourth Fiscal Quarter 2024 Common Distributions and Fiscal Second Quarter 2024 Financial Results

Sound Point Meridian Capital, Inc. Schedules Second Quarter 2024 Earnings Release and Conference Call

Aug 5, 2024, 4:32 PM EDT - 1 year ago

Sound Point Meridian Capital, Inc. Schedules Second Quarter 2024 Earnings Release and Conference Call

Sound Point Meridian Announces $100 Million “Net Asset Value” Credit Facility

Jul 9, 2024, 6:38 PM EDT - 1 year ago

Sound Point Meridian Announces $100 Million “Net Asset Value” Credit Facility

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Jul 9, 2024, 4:09 PM EDT - 1 year ago

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Jul 9, 2024, 11:37 AM EDT - 1 year ago

AM Best to Host Briefing on Cyber Insurance Trends; Industry Panel to Discuss Top Risks and How to Mitigate Them

Sound Point Meridian Capital, Inc. Announces Common Second Fiscal Quarter 2024 Distributions

Jun 27, 2024, 5:02 PM EDT - 1 year ago

Sound Point Meridian Capital, Inc. Announces Common Second Fiscal Quarter 2024 Distributions

Sound Point Meridian Capital, Inc. Announces Closing of Initial Public Offering

Jun 17, 2024, 7:00 PM EDT - 1 year ago

Sound Point Meridian Capital, Inc. Announces Closing of Initial Public Offering

Sound Point Meridian Capital, Inc. Prices Initial Public Offering

Jun 13, 2024, 5:55 PM EDT - 1 year ago

Sound Point Meridian Capital, Inc. Prices Initial Public Offering

WinterHaven
WinterHaven Dec. 23 at 4:13 PM
$SPMC Looks like more insider buying on 12/17 ,12/88 and 12/19 by Director.
0 · Reply
stockhawk12
stockhawk12 Dec. 20 at 12:16 AM
Posted on behalf of South Pacific Metals Corp. – South Pacific Metals $SPMC.V $SPMC $SPMC.TSX $SPMEF is advancing district-scale #gold–#copper exploration at its Osena Project in Papua New Guinea’s Kainantu belt, near K92 Mining’s operations, following an upsized C$9.2M financing. Surface work at Ontenu NE outlined a large epithermal Cu–Ag–Au system, and drilling has begun at the southern end of the target. Full details⬇️ https://southpacificmetals.ca/news/
0 · Reply
CEOBuysDisclosures
CEOBuysDisclosures Dec. 17 at 2:40 AM
$SPMC CEO purchased 3,162 shares at $13.62 for a total of $43,052. Desai Ujjaval now owns 81,741 shares. https://ceo-buys.com
0 · Reply
SuperGreenToday
SuperGreenToday Dec. 16 at 12:12 PM
$SPMC
0 · Reply
stockhawk12
stockhawk12 Dec. 15 at 11:42 PM
Posted on behalf of South Pacific Metals Corp. - South Pacific Metals $SPMC $SPMC.V $SPMEF is advancing district-scale gold-copper exploration at its Osena Project in PNG’s Kainantu belt, immediately adjacent to K92 Mining's operations. An upsized C$9.2M financing supports drilling and expanded work at Ontenu NE, where high-grade Cu-Ag-Au rock chips have been reported. Full details here: https://southpacificmetals.ca/south-pacific-metals-announces-closing-of-c9-2-million-marketed-equity-offering/
0 · Reply
JarvisFlow
JarvisFlow Nov. 28 at 3:33 PM
Clear Street updates rating for Sound Point Meridian Capital, Inc. Common Stock ( $SPMC ) to Buy, target set at 20 → 18.
0 · Reply
JarvisFlow
JarvisFlow Nov. 20 at 6:05 PM
B. Riley Securities has adjusted their stance on Sound Point Meridian Capital, Inc. Common Stock ( $SPMC ), setting the rating to Buy with a target price of 23 → 16.
0 · Reply
johannburkard
johannburkard Nov. 13 at 6:48 PM
Price/book of $EIC, $OXLC, $ECC, $EARN and $SPMC, last five years. Reaching new all time lows. (Via https://seekingalpha.com/symbol/CCIF/charting?compare=EIC%2COXLC%2CECC%2CEARN%2CSPMC&interval=5Y&metric=pb_ratio)
1 · Reply
johannburkard
johannburkard Nov. 13 at 1:15 PM
Lots of unrealized losses in $SPMC's and $ECC's quarterly numbers... $SPMC: https://s203.q4cdn.com/683785430/files/doc_financials/2025/q2/Sound-Point-Meridian-Capital-Earnings-FQ2-2026.pdf (losses ~256% of net income) $ECC: https://www.eaglepointcreditcompany.com/documents/FG/eaglepoint/ir/650535_EPCC-Q3_2025-Financial_Statements.pdf (losses ~112% of net income)
1 · Reply
resistancebreakers
resistancebreakers Oct. 23 at 12:44 PM
$SPMC insiders shopping spree 🔥🪖🫡☝️
0 · Reply
AZOZ
AZOZ Oct. 23 at 12:26 PM
$SPMC Insider activity!
0 · Reply
CEOBuysDisclosures
CEOBuysDisclosures Oct. 23 at 2:10 AM
$SPMC CEO purchased 20,000 shares at $15.50 for a total of $310,000. Desai Ujjaval now owns 78,579 shares. https://ceo-buys.com
0 · Reply
data_hog
data_hog Oct. 16 at 11:39 PM
$SPMC Que foi??
0 · Reply
JarvisFlow
JarvisFlow Oct. 1 at 1:05 PM
Clear Street has adjusted their stance on Sound Point Meridian Capital, Inc. Common Stock ( $SPMC ), setting the rating to Buy with a target price of 20.
0 · Reply
JarvisFlow
JarvisFlow Jul. 18 at 1:00 PM
Alliance Global Partners updates rating for Sound Point Meridian Capital, Inc. Common Stock ( $SPMC ) to Buy, target set at 20.
0 · Reply
PenkeTrading
PenkeTrading Jun. 24 at 7:46 AM
I found you an Oversold RSI (Relative Strength Index) on the daily chart of Sound Point Meridian Capital, Inc.. Is that bullish or bearish? $SPMC #RsiOversold #NYSE
0 · Reply
johannburkard
johannburkard Feb. 6 at 10:56 AM
$SPMC Dividend increase from $.24 to $.25. https://www.soundpointmeridiancap.com/financials/news/news-details/2025/Sound-Point-Meridian-Capital-Inc.-Announces-First-Fiscal-Quarter-2026-Common-Distributions-and-Preferred-Distributions/default.aspx
0 · Reply
lorax16
lorax16 Jan. 24 at 5:41 PM
$SPMC why the sudden drop?
0 · Reply
panda317
panda317 Dec. 6 at 10:22 PM
Upcoming ex-dividends; 12/11 $XPAY for $0.9723 payable 12/12 19.39% 12/11 $EIC for $0.20 payable 12/31 15.17% 12/16 $CLM for $0.1086 payable 12/31 14.18% 12/16 $CRF for $0.1037 payable 12/31 12.88% 12/16 $SPMC for $0.22 payable 12/31 12.85%
1 · Reply
panda317
panda317 Nov. 12 at 11:09 PM
$SPMC $SPMA added both of these CLO equity investments today
0 · Reply
panda317
panda317 Nov. 12 at 7:04 PM
Added $ARDC $CCD $FRA $RCS $SPMC with an equal number of the series 'A' 8% preferred shares.
0 · Reply
panda317
panda317 Nov. 12 at 11:06 AM
$SPMC messages not appearing in the stream
0 · Reply