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Sound Point Meridian Capital Inc (SPMC)

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About Sound Point Meridian Capital Inc (SPMC)

Sound Point Meridian Capital, Inc. operates as a closed-end management investment company. Its primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation. It seeks to achieve its investment objectives by investing primarily in equity and mezzanine tranches of collateralized loan obligations. The company was founded on May 13, 2022 a...read more
Market cap$363.3M
Yesterday's volume15.1K
Revenue (TTM)$57.49M
Avg. daily volume28.4K
EBITDA (TTM)$22.28M
Open$18
Price / earnings ratio20.61x
Yesterday's range$17.81 - $18.25
Debt / equity—
52 week range$16.26 - $22.3
5 year debt / equity—
Beta (LTM)0.67x
Interest coverage4.76x
Dividend & yield$2.83 (15.83%)
Current ratio—
Ex-dividend date—
Next earningsAug 14, 2025
Dividend payable date—

Frequently Asked Questions (FAQ)

As of Jun 30, 2025, the market cap for SPMC stock is $363.31M

The current P/E ratio for SPMC stock is 20.61

The 52-week high for SPMC stock is $22.30. The current SPMC stock price $undefined is 100.00% below its 52-week high

The 52-week low for SPMC stock is $16.26. The current SPMC stock price $undefined has increased 100.00% from its 52-week low

Yes, the SPMC stock pays a dividend to its shareholders. The current dividend yield is 15.83%

How to buy SPMC stock on Public

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    Sign up for a brokerage account on Public

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    Add funds to your Public account

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  3. 3

    Choose how much you'd like to invest in SPMC stock

    Navigate to the Explore page. Then, type SPMC into the search bar. When you see SPMC stock appear in the results, tap it to open up the purchase screen.

  4. 4

    Manage your investments in one place

    You can find your newly purchased SPMC stock in your portfolio—alongside the rest of your stocks, ETFs, crypto, treasuries, and alternative assets.

Sound Point Meridian Capital Inc Stock Earnings

The value each SPMC share was expected to gain vs. the value that each SPMC share actually gained.

SPMC (SPMC) reported Q4 2024 earnings per share (EPS) of $0.66, beating estimates of $0.60 by 10.00%. In the same quarter last year, SPMC's earnings per share (EPS) was $0. SPMC is expected to release next earnings on 08/14/2025, with an earnings per share (EPS) estimate of $0.56.

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