Sound Point Meridian Capital, Inc. (SPMC)Financial Services | Asset Management | New York, United States | NYSE
9.72 USD
+0.02
(0.206%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 9.91 +0.19 (1.955%) ⇧ (April 17, 2026, 6:29 p.m. EDT) Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★☆☆ |
Hot Take | April 11, 2026, 2:54 p.m. EDT
SPMC is showing mixed signals. The recent price movement has been volatile, with a recent dip to $8.79 but a rebound to $10.39. However, the short-term forecasting model predicts a slight decline of -0.76% over the next 45 days, which may not be ideal for short-term traders. The high dividend yield of 24.1% and consistent dividend payments suggest a strong income stream, but the dividend payments seem to be more frequent than sustainable, with some reductions over the past year. Long-term investors should be cautious due to the company's high debt-to-equity ratio, low current ratio, and negative operating cash flow, which indicate potential financial instability. Overall, the stock may not be a strong buy for either short-term or long-term investors, but the dividend yield makes it somewhat attractive for income-focused investors. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.277609 |
| MSTL | 0.277674 |
| AutoARIMA | 0.280460 |
| AutoETS | 0.280461 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 55% |
| H-stat | 2.70 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.112 |
| Excess Kurtosis | -0.43 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-05-14 |
| Last Dividend Date | 2026-04-14 |
| Debt to Equity Ratio | 62.961 |
| Revenue per Share | 4.698 |
| Market Cap | 199,621,008 |
| Trailing P/E | 3.06 |
| Forward P/E | 5.46 |
| Profit Margins | 7.71% |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 2.00% | 22.68% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-15 | 0.20 | 2.004008 |
| 2026-03-16 | 0.25 | 2.874523 |
| 2026-02-13 | 0.25 | 2.380277 |
| 2026-01-15 | 0.25 | 1.904985 |
| 2025-12-15 | 0.25 | 2.007289 |
| 2025-11-14 | 0.25 | 1.691566 |
| 2025-10-15 | 0.25 | 1.667575 |
| 2025-09-15 | 0.25 | 1.615550 |
| 2025-08-15 | 0.25 | 1.622161 |
| 2025-07-15 | 0.25 | 1.633659 |
| 2025-06-13 | 0.25 | 1.675785 |
| 2025-05-15 | 0.25 | 1.607037 |
| 2025-04-15 | 0.25 | 1.641154 |
| 2025-03-14 | 0.24 | 1.430536 |
| 2025-02-14 | 0.24 | 1.417676 |
| 2025-01-15 | 0.24 | 1.493841 |
| 2024-12-16 | 0.22 | 1.329500 |
| 2024-11-15 | 0.22 | 1.440223 |
| 2024-10-15 | 0.22 | 1.479999 |
| 2024-09-16 | 0.20 | 1.336521 |
| 2024-08-15 | 0.20 | 1.351215 |
| 2024-07-15 | 0.30 | 2.056733 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.45228684 |
| Address1 | 375 Park Avenue |
| Address2 | 34th Floor |
| All Time High | 22.3 |
| All Time Low | 8.36 |
| Ask | 10.25 |
| Ask Size | 1,100 |
| Average Analyst Rating | 2.0 - Buy |
| Average Daily Volume10 Day | 62,610 |
| Average Daily Volume3 Month | 42,727 |
| Average Volume | 42,727 |
| Average Volume10Days | 62,610 |
| Bid | 9.28 |
| Bid Size | 400 |
| Book Value | 14.017 |
| City | New York |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 9.72 |
| Current Ratio | 0.031 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 9.9 |
| Day Low | 9.7 |
| Debt To Equity | 62.961 |
| Display Name | Sound Point Meridian Capital |
| Dividend Date | 1,782,777,600 |
| Dividend Rate | 2.4 |
| Dividend Yield | 24.69 |
| Earnings Call Timestamp End | 1,770,843,600 |
| Earnings Call Timestamp Start | 1,770,843,600 |
| Earnings Timestamp | 1,770,816,600 |
| Earnings Timestamp End | 1,780,403,400 |
| Earnings Timestamp Start | 1,780,403,400 |
| Ebitda Margins | 0.0 |
| Enterprise To Revenue | 3.957 |
| Enterprise Value | 380,592,640 |
| Eps Current Year | 1.915 |
| Eps Forward | 1.78 |
| Eps Trailing Twelve Months | 3.18 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,778,803,200 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 10.1488 |
| Fifty Day Average Change | -0.42879963 |
| Fifty Day Average Change Percent | -0.042251263 |
| Fifty Two Week Change Percent | -45.228683 |
| Fifty Two Week High | 20.2 |
| Fifty Two Week High Change | -10.4800005 |
| Fifty Two Week High Change Percent | -0.5188119 |
| Fifty Two Week Low | 8.36 |
| Fifty Two Week Low Change | 1.3600006 |
| Fifty Two Week Low Change Percent | 0.16267951 |
| Fifty Two Week Range | 8.36 - 20.2 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,718,371,800,000 |
| Forward Eps | 1.78 |
| Forward P E | 5.4606743 |
| Full Exchange Name | NYSE |
| Full Time Employees | 285 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 1.0 |
| Gross Profits | 96,186,640 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 1.01299 |
| Held Percent Institutions | 0.0648 |
| Implied Shares Outstanding | 20,537,139 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Dividend Date | 1,776,211,200 |
| Last Dividend Value | 0.2 |
| Last Fiscal Year End | 1,743,379,200 |
| 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 Cap | 199,621,008 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1842241577 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | 7,420,602 |
| Next Fiscal Year End | 1,774,915,200 |
| Non Diluted Market Cap | 199,620,991 |
| Number Of Analyst Opinions | 3 |
| Open | 9.81 |
| Operating Cashflow | -122,608,096 |
| Operating Margins | 0.70357 |
| Payout Ratio | 0.0 |
| Phone | 212 895 2280 |
| Post Market Change | 0.18999958 |
| Post Market Change Percent | 1.9547281 |
| Post Market Price | 9.91 |
| Post Market Time | 1,776,464,941 |
| Previous Close | 9.7 |
| Price Eps Current Year | 5.0757184 |
| Price Hint | 2 |
| Price To Book | 0.69344366 |
| Price To Sales Trailing12 Months | 2.0753508 |
| Profit Margins | 0.07715 |
| Quick Ratio | 0.03 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.0 |
| Region | US |
| Regular Market Change | 0.0200005 |
| Regular Market Change Percent | 0.20619 |
| Regular Market Day High | 9.9 |
| Regular Market Day Low | 9.7 |
| Regular Market Day Range | 9.7 - 9.9 |
| Regular Market Open | 9.81 |
| Regular Market Previous Close | 9.7 |
| Regular Market Price | 9.72 |
| Regular Market Time | 1,776,456,002 |
| Regular Market Volume | 25,420 |
| Revenue Per Share | 4.698 |
| Sand P52 Week Change | 0.36506534 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 20,537,139 |
| Shares Percent Shares Out | 0.008 |
| Shares Short | 124,386 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 17,922 |
| Short Name | Sound Point Meridian Capital, I |
| Short Ratio | 5.92 |
| Source Interval | 15 |
| State | NY |
| Symbol | SPMC |
| Target High Price | 15.0 |
| Target Low Price | 10.0 |
| Target Mean Price | 12.0 |
| Target Median Price | 11.0 |
| Total Cash | 525,400 |
| Total Cash Per Share | 0.026 |
| Total Debt | 181,247,024 |
| Total Revenue | 96,186,640 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 3.296 |
| Trailing Annual Dividend Yield | 0.33979383 |
| Trailing Eps | 3.18 |
| Trailing P E | 3.056604 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 14.797425 |
| Two Hundred Day Average Change | -5.077425 |
| Two Hundred Day Average Change Percent | -0.34312895 |
| Type Disp | Equity |
| Volume | 25,420 |
| Zip | 10,152 |