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.
Frequently asked questions
What sector does Sound Point Meridian Capital, Inc. (SPMC) operate in?
Sound Point Meridian Capital, Inc. belongs to the Financials sector and operates in the Asset Management industry.
What is Sound Point Meridian Capital, Inc. (SPMC) current stock price?
As of the latest data, Sound Point Meridian Capital, Inc. stock price is $5.58, with a previous close of $5.74. Sound Point Meridian Capital, Inc. lost -$0.16 in the last trading session, representing a -2.79% loss.
What is Sound Point Meridian Capital, Inc. (SPMC) current market capitalization?
Sound Point Meridian Capital, Inc. market cap is approximately 115.11 million.
What is Sound Point Meridian Capital, Inc. (SPMC) Earnings Per Share (EPS)?
The trailing EPS is -$6.15, and the forward EPS is $1.78.
What is Sound Point Meridian Capital, Inc. (SPMC) EBITDA?
Sound Point Meridian Capital, Inc. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is -110.73 million.
Does Sound Point Meridian Capital, Inc. (SPMC) pay dividends?
Yes. Sound Point Meridian Capital, Inc. pays monthly dividends with an annualized yield of 27.96% and an estimated annual payout of $1.56 per share.
When is the next ex-dividend date for Sound Point Meridian Capital, Inc. (SPMC)?
The next ex-dividend date is scheduled for October 15, 2026.
How did Sound Point Meridian Capital, Inc. (SPMC) perform in its most recent earnings report?
In the last report (June 30, 2026), Sound Point Meridian Capital, Inc. posted an EPS surprise of -44.07% and a revenue surprise of -59.88%.
When is Sound Point Meridian Capital, Inc. (SPMC) next earnings report?
Sound Point Meridian Capital, Inc. is expected to release its next earnings report on September 30, 2026.
What is Sound Point Meridian Capital, Inc. (SPMC) beta (volatility) score?
Sound Point Meridian Capital, Inc. has a beta of 1.138, meaning its volatility is roughly in line with the market.
