| Indicators | Browse All

Sound Point Meridian Capital, Inc. (SPMA)

Financial Services | Asset Management | New York, United States | NYSE
24.73 USD +0.02 (0.081%) ⇧ (Oct. 16, 2026, 2:23 p.m. EDT)

Short-term:★★⯪☆☆Long-term:⯪☆☆☆☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 3:06 a.m. EDT

The immediate outlook is flat, with the stock trading in a tight range near its 52-week lows and showing no momentum to spark a near-term rally. However, the long-term investment case is severely compromised by deteriorating fundamentals; revenue is contracting significantly while the company reports negative profit margins and a precarious balance sheet with debt nearly triple its equity. While the headline yield appears attractive at over 8%, the recent news headlines explicitly warn that this payout may represent an inadequate compensation for embedded credit risk rather than sustainable income, suggesting the dividend is likely unsustainable given the operational losses.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.004385
AutoARIMA0.004398
AutoTheta0.004644
MSTL0.004862

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 70%
H-stat 6.72
Ljung-Box p 0.000
Jarque-Bera p 0.004
Excess Kurtosis 1.21
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-11-12
Last Dividend Date 2026-10-14
Debt to Equity Ratio 28.828
Revenue per Share 3.121
Beta 1.20
Profit Margins -180.17%

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.68% 8.00% — —
Dividend History
Date Dividend Yield %
2026-10-15 0.167 0.675840
2026-09-15 0.167 0.666534
2026-08-14 0.167 0.666960
2026-07-15 0.167 0.665604
2026-06-15 0.167 0.668803
2026-05-15 0.167 0.665869
2026-04-15 0.167 0.663488
2026-03-16 0.167 0.667733
2026-02-13 0.167 0.665604
2026-01-15 0.167 0.662698
2025-12-15 0.167 0.661910
2025-11-14 0.167 0.667306
2025-10-15 0.167 0.664016
2025-09-15 0.167 0.669071
2025-08-15 0.167 0.666667
2025-07-15 0.167 0.662698
2025-06-13 0.167 0.673116
2025-05-15 0.167 0.676387
2025-04-15 0.167 0.691511
2025-03-14 0.167 0.677485
2025-02-14 0.167 0.669071
2025-01-15 0.167 0.670683
2024-12-13 0.167 0.670144
Additional Data
dividendRate 2.0
dividendYield 8.09
exDividendDate 2026-11-13
trailingAnnualDividendRate 2.85
trailingAnnualDividendYield 0.11533792
lastDividendValue 0.167
lastDividendDate 2026-10-15
dividendDate 2026-12-31

Info Dump

Attribute Value
52 Week Change -0.01119554
Address1 375 Park Avenue
Address2 34TH Floor
All Time High 25.98
All Time Low 23.675
Ask 24.95
Ask Size 500
Average Daily Volume10 Day 4,580
Average Daily Volume3 Month 5,076
Average Volume 5,076
Average Volume10Days 4,580
Beta 1.198
Bid 21.66
Bid Size 800
Book Value 9.883
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 24.73
Current Ratio 0.119
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 24.779
Day Low 24.69
Debt To Equity 28.828
Display Name Sound Point Meridian Capital
Dividend Date 1,798,675,200
Dividend Rate 2.0
Dividend Yield 8.09
Earnings Call Timestamp End 1,748,530,800
Earnings Call Timestamp Start 1,748,530,800
Earnings Growth 0.758
Earnings Quarterly Growth 0.805
Earnings Timestamp End 1,756,384,200
Earnings Timestamp Start 1,755,261,000
Ebitda Margins 0.0
Enterprise To Revenue 8.527
Enterprise Value 560,503,936
Esg Populated 0
Ex Dividend Date 1,794,528,000
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 917 591 5903
Fifty Day Average 25.01198
Fifty Day Average Change -0.2819805
Fifty Day Average Change Percent -0.011273818
Fifty Two Week Change Percent -1.119554
Fifty Two Week High 25.44
Fifty Two Week High Change -0.710001
Fifty Two Week High Change Percent -0.027908843
Fifty Two Week Low 24.6
Fifty Two Week Low Change 0.12999916
Fifty Two Week Low Change Percent 0.0052845185
Fifty Two Week Range 24.6 - 25.44
Financial Currency USD
First Trade Date Milliseconds 1,731,335,400,000
Full Exchange Name NYSE
Fullday Change 0.020000458
Fullday Change Percent 0.080940746
Fullday Price 24.73
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 65,733,228
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.1555
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,792,022,400
Last Dividend Value 0.167
Last Fiscal Year End 1,774,915,200
Long Business Summary 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.
Long Name Sound Point Meridian Capital, Inc.
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1842241577
Most Recent Quarter 1,782,777,600
Net Income To Common -118,433,680
Next Fiscal Year End 1,806,451,200
Open 24.78
Operating Margins 0.68516
Phone 212 895 2280
Previous Close 24.71
Price Hint 2
Price To Book 2.5022764
Profit Margins -1.80173
Quick Ratio 0.119
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0200005
Regular Market Change Percent 0.0809407
Regular Market Day High 24.779
Regular Market Day Low 24.69
Regular Market Day Range 24.69 - 24.779
Regular Market Open 24.78
Regular Market Previous Close 24.71
Regular Market Price 24.73
Regular Market Time 1,792,174,999
Regular Market Volume 2,120
Revenue Growth -0.353
Revenue Per Share 3.121
Sand P52 Week Change 0.13723719
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Short 427
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 430
Short Name Sound Point Meridian Capital, I
Short Ratio 0.08
Source Interval 15
State NY
Symbol SPMA
Total Cash 20,961,330
Total Cash Per Share 0.994
Total Debt 60,000,000
Total Revenue 65,733,228
Tradeable 0
Trailing Annual Dividend Rate 2.85
Trailing Annual Dividend Yield 0.11533792
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 25.078976
Two Hundred Day Average Change -0.34897614
Two Hundred Day Average Change Percent -0.013915087
Type Disp Equity
Volume 2,120
Zip 10,152