Sound Point Meridian Capital logo

Sound Point Meridian Capital(NYSE) SPMC

Market Cap$145.94MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2024)-46%
5 YearN/A
1 Year-46%
1 Month-23%
$6.93
-1.28%
-0.09Today
Sound Point Meridian Capital last closing stock price
MetricPriceDate
Last closeUSD 6.932026-10-16
Sound Point Meridian Capital stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-9.97%USD 7.702026-10-09
1 month-23.19%USD 9.022026-09-16
3 month-27.93%USD 9.622026-07-17
Year to date-38.46%USD 11.262025-12-31
1 year-46.41%USD 12.932025-10-16
Since inception-45.99%USD 13.002024-06-14

Sound Point Meridian Capital Financials at a Glance

Market Cap

$145.94MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$103.95M

Net Income (TTM)

-$173.94M

EPS (TTM)

-$6.12

P/E Ratio

-1.13

Dividend

$2.58

Beta (Volatility)

0.57 (Low)

Price

$6.93

Volume

28,905

Open

$6.96

Previous Close

$6.93

Daily Range

$6.88 - $7.08

52-Week Range

$6.88 - $16.75

Estimated Earnings Date

Nov 12, 2026

SPMC News

No articles available.

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About Sound Point Meridian Capital

Sound Point Meridian Capital Inc is a closed-end investment firm based in the United States, specializing in capital allocation to the equity and mezzanine layers of collateralized loan obligations (CLOs). Established in 2022, the company focuses on diversified pools of predominantly lower-rated, U.S. senior secured debt.

Products and Services
  • Investment in equity and mezzanine layers of CLOs
  • Management of diversified debt portfolios
  • Advisory services in asset management
Growth Outlook
  • Recent quarterly revenue increased to $27.9 million
  • Strong gross profit margin of 69.3% in Q4 2026
  • Potential for expansion in the CLO market driven by demand for secured debt
Financial Highlights
  • Trailing twelve months revenue of $113.5 million
  • Quarterly net income reported at -$118.7 million
  • Dividend yield of 32.26% reflects strong shareholder returns
Sound Point Meridian Capital Inc operates in the asset management industry, focusing on CLOs, which are increasingly popular among investors seeking yield in a low-interest-rate environment. The company's recent financial performance indicates a significant revenue increase, showcasing its ability to capitalize on market opportunities. Despite reporting a net loss, the gross profit margin remains robust, suggesting effective cost management and operational efficiency. The high dividend yield may attract income-focused investors, reflecting the company's commitment to returning value to shareholders. Overall, Sound Point Meridian Capital Inc presents a compelling investment opportunity within the asset management sector, particularly for those interested in CLOs and diversified debt portfolios.
AI Generated • Sep 26, 2026

Industry

Capital Markets

Sector

Financials

CEO

Ujjaval Y. Desai

Headquarters

New York City, NY 10152, US

SPMC Financials

Key Financial Metrics (TTM)

Gross Margin

82.17%

Operating Margin

-82.38%

Net Income Margin

-167.33%

Return on Equity

-58.56%

Return on Capital

-48.79%

Return on Assets

-46.44%

Earnings Yield

-88.50%

Dividend Yield

37.23%

Payout Ratio

-165.83%

Stock Overview

Market Cap

$145.94MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

21.06M

Volume

28.91K

Avg. Volume

25.88K

Financials (TTM)

Gross Profit

$85.41M

Operating Income

-$85.63M

EBITDA

-$98.27M

Operating Cash Flow

-$20.69B

Capital Expenditure

-$4.00

Free Cash Flow

-$20.69B

Cash & ST Invst.

$5.81M

Total Debt

$60.00M

Sound Point Meridian Capital Performance Analysis

Sound Point Meridian Capital annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20252025-03-31USD 70,146,349N/A
20262026-03-31USD 66,279,287-5.5%
Sound Point Meridian Capital sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q12025-06-30-53.9%
Q22025-09-3094.6%
Q32025-12-31-53.2%
Q42026-03-3155.4%
Sound Point Meridian Capital annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20252025-03-31USD 0.87N/A
20262026-03-31USD -6.12N/A
Sound Point Meridian Capital sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q12025-06-30-132.1%
Q22025-09-30-105.6%
Q32025-12-31-478.4%
Q42026-03-31-168.7%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q4 2026YOY CHG

Revenue

$27.90M

-34.8%

Gross Profit

$19.34M

-38.0%

Gross Margin

69.33%

N/A

Market Cap

$145.94MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

N/A

N/A

Net Income

-$118.66M

-1135.2%

EBITDA

-$110.73M

-815.2%

Quarterly Fundamentals

Name
Q4 2026YOY CHG

Total Cash

$5.81M

+127.4%

Total Debt

$60.00M

+50.0%

Accounts Receivable

$0.00

-100.0%

Inventory

$0.00

N/A

Long Term Debt

$60.00M

N/A

Short Term Debt

$0.00

-100.0%

Return on Assets

-46.44%

N/A

Return on Invested Capital

-23.11%

N/A

Free Cash Flow

$50.26M

+801.7%

Operating Cash Flow

$50.26M

+801.7%

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Questions About SPMC

What is the current price of Sound Point Meridian Capital?

Sound Point Meridian Capital is trading at $6.93 per share.

What is the 52-week range for Sound Point Meridian Capital?

Over the past 52 weeks, Sound Point Meridian Capital has traded between $6.88 and $16.75.

How much debt does Sound Point Meridian Capital have?

As of the most recent reporting period, Sound Point Meridian Capital reported total debt of $60.00M.

How much cash does Sound Point Meridian Capital have on hand?

Sound Point Meridian Capital reported $5.81M in cash and cash equivalents in its most recent financial results.

What is Sound Point Meridian Capital’s dividend yield?

Sound Point Meridian Capital currently has a dividend yield of 37.23%.

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