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Sound Point Meridian Capital, Inc. (SPMA)

Financial Services | Asset Management | New York, United States | NYSE
25.08 USD +0.02 (0.061%) ⇧ (Aug. 28, 2026, 3:34 p.m. EDT)
After hours: 25.08

Short-term:★★⯪☆☆Long-term:⯪☆☆☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 4:30 a.m. EDT

The immediate outlook is flat due to a lack of directional catalysts; the stock is trading within a tight range near its 52-week lows with no clear momentum to drive a near-term trade. However, the long-term investment case is severely compromised by deteriorating fundamentals: revenue is contracting by over 35%, profit margins are deeply negative, and the balance sheet is fragile with a current ratio of just 0.12 and significant debt relative to equity. While the company pays a high nominal yield, the payout appears unsustainable given the erosion of book value and shrinking revenues, suggesting the dividend may eventually be cut rather than serving as a reliable income stream.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.002225
AutoARIMA0.002275
AutoETS0.002289
AutoTheta0.002960

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 86%
H-stat 3.43
Ljung-Box p 0.449
Jarque-Bera p 0.211
Excess Kurtosis -1.09
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-09-14
Last Dividend Date 2026-08-13
Debt to Equity Ratio 28.828
Revenue per Share 3.121
Beta 1.15
Profit Margins -180.17%

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.67% 7.99%
Dividend History
Date Dividend Yield %
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 7.97
exDividendDate 2026-09-15
trailingAnnualDividendRate 2.85
trailingAnnualDividendYield 0.11370482
lastDividendValue 0.167
lastDividendDate 2026-08-14
dividendDate 2026-12-31

Info Dump

Attribute Value
52 Week Change -0.003971398
Address1 375 Park Avenue
Address2 34TH Floor
All Time High 25.98
All Time Low 23.675
Ask 25.14
Ask Size 300
Average Daily Volume10 Day 9,570
Average Daily Volume3 Month 5,244
Average Volume 5,244
Average Volume10Days 9,570
Beta 1.153
Bid 25.05
Bid Size 1,600
Book Value 9.883
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 25.0801
Current Ratio 0.119
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 25.1327
Day Low 25.0401
Debt To Equity 28.828
Display Name Sound Point Meridian Capital
Dividend Date 1,798,675,200
Dividend Rate 2.0
Dividend Yield 7.97
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 8.639
Enterprise Value 567,886,272
Esg Populated 0
Ex Dividend Date 1,789,430,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 917 591 5903
Fifty Day Average 25.04564
Fifty Day Average Change 0.03445816
Fifty Day Average Change Percent 0.0013758147
Fifty Two Week Change Percent -0.3971398
Fifty Two Week High 25.98
Fifty Two Week High Change -0.89990044
Fifty Two Week High Change Percent -0.0346382
Fifty Two Week Low 24.7
Fifty Two Week Low Change 0.38009834
Fifty Two Week Low Change Percent 0.015388597
Fifty Two Week Range 24.7 - 25.98
Financial Currency USD
First Trade Date Milliseconds 1,731,335,400,000
Full Exchange Name NYSE
Fullday Change 0.0151997
Fullday Change Percent 0.0606412
Fullday Price 25.0801
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 0.16028
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,786,665,600
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 25.06
Operating Margins 0.68516
Phone 212 895 2280
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 25.0801
Post Market Time 1,787,947,454
Previous Close 25.0649
Price Hint 2
Price To Book 2.537701
Profit Margins -1.80173
Quick Ratio 0.119
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0151997
Regular Market Change Percent 0.0606412
Regular Market Day High 25.1327
Regular Market Day Low 25.0401
Regular Market Day Range 25.0401 - 25.1327
Regular Market Open 25.06
Regular Market Previous Close 25.0649
Regular Market Price 25.0801
Regular Market Time 1,787,945,668
Regular Market Volume 3,235
Revenue Growth -0.353
Revenue Per Share 3.121
Sand P52 Week Change 0.20204377
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Short 78
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 247
Short Name Sound Point Meridian Capital, I
Short Ratio 0.23
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 0.11370482
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 25.103855
Two Hundred Day Average Change -0.023756027
Two Hundred Day Average Change Percent -0.00094630994
Type Disp Equity
Volume 3,235
Zip 10,152