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Sound Point Meridian Capital, Inc. (SPMC)

Financial Services | Asset Management | New York, United States | NYSE
9.52 USD +0.18 (1.927%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 9.52

Short-term:★⯪☆☆☆Long-term:★☆☆☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 5:36 a.m. EDT

The immediate outlook is bearish as the stock has lost significant ground recently, trading well below its 50-day and 200-day moving averages, while the short-term statistical model predicts a further decline over the next month. Fundamentally, the business is deteriorating with negative profit margins, shrinking revenue, and a heavy debt load relative to equity, making it a poor long-term hold despite the attractive headline yield. The dividend appears sustainable for now given the company's cash position, but the payout ratio is elevated and the recent cut in distribution size suggests management is tightening the belt, capping the yield's appeal.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.035186
AutoARIMA0.037123
AutoTheta0.037605
MSTL0.047004

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 45%
H-stat 5.15
Ljung-Box p 0.000
Jarque-Bera p 0.218
Excess Kurtosis 0.08
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
Market Cap 195,513,584
Forward P/E 7.57
Beta 1.15
Profit Margins -180.17%

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.06% 22.83%
Dividend History
Date Dividend Yield %
2026-08-14 0.20 2.057613
2026-07-15 0.20 1.934236
2026-06-15 0.20 1.877934
2026-05-15 0.20 1.829826
2026-04-15 0.20 2.004008
2026-03-16 0.25 2.818489
2026-02-13 0.25 2.270663
2026-01-15 0.25 1.778094
2025-12-15 0.25 1.840943
2025-11-14 0.25 1.523461
2025-10-15 0.25 1.479290
2025-09-15 0.25 1.412429
2025-08-15 0.25 1.398993
2025-07-15 0.25 1.389661
2025-06-13 0.25 1.406074
2025-05-15 0.25 1.329787
2025-04-15 0.25 1.340483
2025-03-14 0.24 1.152738
2025-02-14 0.24 1.129412
2025-01-15 0.24 1.177048
2024-12-16 0.22 1.035294
2024-11-15 0.22 1.109990
2024-10-15 0.22 1.128205
2024-09-16 0.20 1.007557
2024-08-15 0.20 1.008573
2024-07-15 0.30 1.519757
Additional Data
dividendRate 1.59
dividendYield 17.02
exDividendDate 2026-09-15
trailingAnnualDividendRate 2.85
trailingAnnualDividendYield 0.30513918
lastDividendValue 0.2
lastDividendDate 2026-08-14
dividendDate 2026-12-31

Info Dump

Attribute Value
52 Week Change -0.47792065
Address1 375 Park Avenue
Address2 34TH Floor
All Time High 22.3
All Time Low 8.36
Ask 9.62
Ask Size 100
Average Daily Volume10 Day 30,230
Average Daily Volume3 Month 28,538
Average Volume 28,538
Average Volume10Days 30,230
Beta 1.153
Bid 9.47
Bid Size 300
Book Value 9.632
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 9.52
Current Ratio 0.119
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 9.625
Day Low 9.385
Debt To Equity 28.828
Display Name Sound Point Meridian Capital
Dividend Date 1,798,675,200
Dividend Rate 1.59
Dividend Yield 17.02
Earnings Call Timestamp End 1,786,546,800
Earnings Call Timestamp Start 1,786,546,800
Earnings Growth 0.758
Earnings Quarterly Growth 0.805
Earnings Timestamp 1,786,537,800
Earnings Timestamp End 1,794,486,600
Earnings Timestamp Start 1,794,486,600
Ebitda Margins 0.0
Enterprise To Revenue 3.648
Enterprise Value 239,780,656
Eps Current Year 1.11
Eps Forward 1.2575
Eps Trailing Twelve Months -6.27
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 10.01362
Fifty Day Average Change -0.49361992
Fifty Day Average Change Percent -0.04929485
Fifty Two Week Change Percent -47.792065
Fifty Two Week High 18.542
Fifty Two Week High Change -9.021999
Fifty Two Week High Change Percent -0.48657098
Fifty Two Week Low 8.36
Fifty Two Week Low Change 1.1600008
Fifty Two Week Low Change Percent 0.13875608
Fifty Two Week Range 8.36 - 18.542
Financial Currency USD
First Trade Date Milliseconds 1,718,371,800,000
Forward Eps 1.2575
Forward P E 7.5705767
Full Exchange Name NYSE
Fullday Change 0.18
Fullday Change Percent 1.9272
Fullday Price 9.52
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 1.00878
Held Percent Institutions 0.06863
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 1,786,665,600
Last Dividend Value 0.2
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 Cap 195,513,584
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
Non Diluted Market Cap 192,673,225
Number Of Analyst Opinions 3
Open 9.41
Operating Margins 0.68516
Payout Ratio 0.0
Phone 212 895 2280
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 9.52
Post Market Time 1,787,959,806
Previous Close 9.34
Price Eps Current Year 8.576577
Price Hint 2
Price To Book 0.98837215
Price To Sales Trailing12 Months 2.9743493
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 0.18
Regular Market Change Percent 1.9272
Regular Market Day High 9.625
Regular Market Day Low 9.385
Regular Market Day Range 9.385 - 9.625
Regular Market Open 9.41
Regular Market Previous Close 9.34
Regular Market Price 9.52
Regular Market Time 1,787,947,202
Regular Market Volume 17,105
Revenue Growth -0.353
Revenue Per Share 3.121
Sand P52 Week Change 0.20504117
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 20,537,139
Shares Percent Shares Out 0.0064999997
Shares Short 65,804
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 66,043
Short Name Sound Point Meridian Capital, I
Short Ratio 4.61
Source Interval 15
State NY
Symbol SPMC
Target High Price 11.0
Target Low Price 10.0
Target Mean Price 10.5
Target Median Price 10.5
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 0.30513918
Trailing Eps -6.27
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 11.474855
Two Hundred Day Average Change -1.954855
Two Hundred Day Average Change Percent -0.17035988
Type Disp Equity
Volume 17,105
Zip 10,152