Sound Point Meridian Capital Inc (SPMC)

US — Financial Services Sector
Peers:

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Key Metrics & Ratings

  • symbol SPMC
  • Rev/Share 0.0
  • Book/Share 0.0
  • PB 0
  • Debt/Equity 0.0
  • CurrentRatio 0.0
  • ROIC 0.0

 

  • MktCap 370395500.0
  • FreeCF/Share 0.0
  • PFCF 0
  • PE 0
  • Debt/Assets 0.0
  • DivYield 0.1413
  • ROE 0.0

 

  • Rating B-
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 3
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation SPMC B. Riley Securities -- Buy -- $22.5 Oct. 9, 2024

News

Sound Point Meridian Capital Inc (SPMC) Q4 2025 Earnings Call Transcript
SPMA, SPMC
Published: May 29, 2025 by: Seeking Alpha
Sentiment: Neutral

Sound Point Meridian Capital Inc (NYSE:SPMC ) Q4 2025 Earnings Conference Call May 29, 2025 11:00 AM ET Company Participants Julie Smith - IR Ujjaval Desai - CEO Kevin Gerlitz - CFO Conference Call Participants Erik Zwick - Lucid Capital Markets Tim D'Agostino - B. Riley Operator Good morning, ladies and gentlemen, and welcome to the Sound Point Meridian Capital Inc Fourth Fiscal Quarter Ended March 31, 2025 Earnings Conference Call.

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image for news Sound Point Meridian Capital Inc (SPMC) Q4 2025 Earnings Call Transcript
Will Sound Point Meridian Capital, Inc. (SPMC) Beat Estimates Again in Its Next Earnings Report?
SPMC
Published: May 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Sound Point Meridian Capital, Inc. (SPMC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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image for news Will Sound Point Meridian Capital, Inc. (SPMC) Beat Estimates Again in Its Next Earnings Report?
It's Raining CLO Equity CEFs And Why We Got Longer
CCIA, CCIF, CUBA, EARN, ECC, ECCC, ECCF, ECCV, ECCX, EIC, EICB, JAAA, OCCI, OCCIN, OXLC, OXLCO, OXLCP, PDCC, PDPA, SPMA, SPMC
Published: May 08, 2025 by: Seeking Alpha
Sentiment: Positive

The CLO Equity CEF sector has doubled in size over the past two years, driven by new entrants and favorable market conditions. Key catalysts include a benign default environment, tightening credit spreads, and the attractiveness of floating-rate assets amid a flat/inverted yield curve. CLO Equity funds benefit from embedded options like reinvestment and call options, which enhance returns during periods of market volatility.

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image for news It's Raining CLO Equity CEFs And Why We Got Longer
2 High-Yield Picks From ECC And SPMC - Yields Up To 9%
ECC, SPMC
Published: May 06, 2025 by: Seeking Alpha
Sentiment: Positive

CLO equity is popular but often overvalued; fixed income instruments from ECC and SPMC offer more attractive risk-adjusted returns. ECCW Baby Bond offers a 6.75% annual dividend, trading at $23 with an 8.92% yield to maturity, poised to outperform the common stock. SPMA preferred stock provides an 8% annual dividend, trading at $24.49 with an 8.9% yield to maturity, and is relatively safe due to the low leverage of the company.

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image for news 2 High-Yield Picks From ECC And SPMC - Yields Up To 9%
Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)
AGD, BGR, BKT, BNY, BSTZ, CLM, CUBA, DXYZ, ECC, ETJ, GGT, GLU, GUT, IDE, KYN, MCI, MCN, OCCI, PGP, SPMC, SRV, TYG
Published: April 23, 2025 by: Seeking Alpha
Sentiment: Positive

10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering.

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image for news Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)
Why CLO Equity Could Be In For More Pain Ahead (And How To Navigate It)
CCIF, ECC, EIC, OCCI, OXLC, PDCC, SPMC, XFLT
Published: March 27, 2025 by: Seeking Alpha
Sentiment: Negative

CLO equity prices are facing pressure from rising risks and default expectations. CLO equity is still generating strong cash flows for patient investors. Our CEF rotation strategy can deliver alpha during volatile market conditions.

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image for news Why CLO Equity Could Be In For More Pain Ahead (And How To Navigate It)
Sound Point Meridian Capital Inc (SPMC) Q3 2025 Earnings Call Transcript
SPMA, SPMC
Published: February 12, 2025 by: Seeking Alpha
Sentiment: Neutral

Sound Point Meridian Capital Inc (NYSE:SPMC ) Q3 2025 Earnings Conference Call February 12, 2025 10:00 AM ET Company Participants Peter Sceusa - Investor Relations Ujjaval Desai - Chief Executive Officer Kevin Gerlitz - Chief Financial Officer Conference Call Participants Randy Binner - B. Riley Erik Zwick - Lucid Capital Markets Operator Good morning, ladies and gentlemen, and welcome to the Sound Point Meridian Capital, Inc. Third Fiscal Quarter Ended December 31, 2024 Earnings Conference Call.

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image for news Sound Point Meridian Capital Inc (SPMC) Q3 2025 Earnings Call Transcript

About Sound Point Meridian Capital Inc (SPMC)

  • IPO Date
  • Website None
  • Industry Asset Management
  • CEO Mr. Ujjaval Desai
  • Employees None

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.