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Sound Point Meridian Capital(NYSE) SPMC

Market Cap$221.18MMarket 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)-22%
5 YearN/A
1 Year-33%
1 Month-6%
$9.84
-8.64%
-0.93Today
After hours$9.84-$0.01 (-0.05%)
Sound Point Meridian Capital last closing stock price
MetricPriceDate
Last closeUSD 9.832026-08-12
Sound Point Meridian Capital stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-6.2%USD 10.482026-08-05
1 month-6.08%USD 10.472026-07-13
3 month-7.58%USD 10.642026-05-14
Year to date-17.7%USD 11.942025-12-31
1 year-33.15%USD 14.702025-08-12
Since inception-21.89%USD 13.792024-06-14

Sound Point Meridian Capital Financials at a Glance

Market Cap

$221.18MMarket 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

-1.76

Dividend

$2.80

Beta (Volatility)

0.56 (Low)

Price

$9.84

Volume

131,220.429

Open

$10.40

Previous Close

$9.83

Daily Range

$9.68 - $10.41

52-Week Range

$8.36 - $18.54

Estimated Earnings Date

Aug 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 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
  • Focus on lower-rated, U.S. senior secured debt
  • Closed-end investment firm structure
Growth Outlook
  • Established in 2022, with a focus on expanding CLO investments
  • Recent quarterly revenue growth indicates potential for future profitability
  • Market demand for CLOs remains strong, supporting growth opportunities
Financial Highlights
  • Recent quarterly revenue of $27.9 million, showing upward momentum
  • Trailing twelve months (TTM) dividend yield of 27.94%, attractive for income-focused investors
  • Market capitalization of approximately $205.8 million, indicating solid market presence
AI Generated • Jul 28, 2026

Industry

Capital Markets

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

-54.67%

Return on Capital

-48.79%

Return on Assets

-46.44%

Earnings Yield

-56.82%

Dividend Yield

26.00%

Payout Ratio

-165.98%

Stock Overview

Market Cap

$221.18MMarket 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

20.54M

Volume

131.22K

Avg. Volume

25.79K

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

$221.18MMarket 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 $9.83 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 $8.36 and $18.54.

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 26.00%.

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