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Sound Point Meridian Capital, Inc. (SPME)

Financial Services | Asset Management | New York, United States | NYSE
24.98 USD -0.07 (-0.299%) ⇩ (April 17, 2026, 10:17 a.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★☆☆☆
Hot Take | April 19, 2026, 12:51 a.m. EDT

High-yield financial management trust with deteriorating fundamentals (negative operating cash flow) and significant debt exposes capital to NAV risk; recent price stability near lows suggests a distressed hold rather than a growth or safe income opportunity.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.007663
AutoARIMA0.011941
MSTL0.012370
AutoETS0.012552

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 42%
H-stat 20.86
Ljung-Box p 0.000
Jarque-Bera p 0.292
Excess Kurtosis 0.04
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
Profit Margins 7.71%

Dividend Data

Dividend History
Date Dividend Yield %
2026-04-15 0.164 0.656788
2026-03-16 0.164 0.651343
2026-02-13 0.164 0.659333
2026-01-15 0.164 0.664432
2025-12-15 0.164 0.671724
2025-11-14 0.164 0.679667
2025-10-15 0.164 0.683871
2025-09-15 0.164 0.685632
2025-08-15 0.164 0.690133
Additional Data
dividendRate 1.97
dividendYield 7.88
exDividendDate 2026-05-15
trailingAnnualDividendRate 3.296
trailingAnnualDividendYield 0.13157685
lastDividendValue 0.164
lastDividendDate 2026-04-15
dividendDate 2026-06-30

Info Dump

Attribute Value
52 Week Change 0.0010019541
Address1 375 Park Avenue
Address2 34th Floor
All Time High 26.0
All Time Low 24.37
Ask 25.12
Ask Size 300
Average Daily Volume10 Day 4,400
Average Daily Volume3 Month 6,167
Average Volume 6,167
Average Volume10Days 4,400
Bid 9.61
Bid Size 300
Book Value 14.017
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 24.975
Current Ratio 0.031
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 24.975
Day Low 24.975
Debt To Equity 62.961
Display Name Sound Point Meridian Capital
Dividend Date 1,782,777,600
Dividend Rate 1.97
Dividend Yield 7.88
Ebitda Margins 0.0
Enterprise To Revenue 7.218
Enterprise Value 694,279,040
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 25.0048
Fifty Day Average Change -0.029800415
Fifty Day Average Change Percent -0.0011917878
Fifty Two Week Change Percent 0.10019541
Fifty Two Week High 26.0
Fifty Two Week High Change -1.0249996
Fifty Two Week High Change Percent -0.039423063
Fifty Two Week Low 24.37
Fifty Two Week Low Change 0.60499954
Fifty Two Week Low Change Percent 0.024825586
Fifty Two Week Range 24.37 - 26.0
Financial Currency USD
First Trade Date Milliseconds 1,752,586,200,000
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 0.0
Held Percent Institutions 0.0
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,776,211,200
Last Dividend Value 0.164
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 State PREPRE
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
Open 24.975
Operating Cashflow -122,608,096
Operating Margins 0.70357
Phone 212 895 2280
Previous Close 25.05
Price Hint 2
Price To Book 1.781765
Profit Margins 0.07715
Quick Ratio 0.03
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0749989
Regular Market Change Percent -0.299397
Regular Market Day High 24.975
Regular Market Day Low 24.975
Regular Market Day Range 24.975 - 24.975
Regular Market Open 24.975
Regular Market Previous Close 25.05
Regular Market Price 24.975
Regular Market Time 1,776,435,454
Regular Market Volume 982
Revenue Per Share 4.698
Sand P52 Week Change 0.38150132
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Short 4,453
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 9,445
Short Name Sound Point Meridian Capital, I
Short Ratio 1.51
Source Interval 15
State NY
Symbol SPME
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 0.13157685
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 25.079578
Two Hundred Day Average Change -0.10457802
Two Hundred Day Average Change Percent -0.0041698474
Type Disp Equity
Volume 982
Zip 10,152