Sound Point Meridian Capital, Inc. (SPME)

NYSE: SPME · Real-Time Price · USD · Preferred Stock
25.09
+0.01 (0.04%)
Dec 5, 2025, 4:00 PM EST - Market closed
0.04%
Market Cap 287.16M
Revenue (ttm) 96.19M
Net Income (ttm) 7.42M
Shares Out 20.47M
EPS (ttm) 0.36
PE Ratio 38.70
Forward PE 6.20
Dividend $0.82 (3.27%)
Ex-Dividend Date Dec 15, 2025
Volume 2,507
Open 25.08
Previous Close 25.08
Day's Range 24.99 - 25.09
52-Week Range 24.73 - 26.00
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

About SPME

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. [Read more]

Sector Financials
Founded 2022
Country United States
Stock Exchange NYSE
Ticker Symbol SPME
Full Company Profile

News

Trying To Give A Credit Rating For Sound Point Meridian Capital Inc

Sound Point Meridian Capital Inc is a CLO CEF fund primarily exposed to CLO equity tranches, analyzed using Moody's adapted BDC methodology. SPMC demonstrates strong asset coverage, no secured debt, a...

Other symbols: SPMASPMC
9 days ago - Seeking Alpha

Sound Point Meridian Capital Term Preferred Stock

Sound Point Meridian Capital Inc., a closed-end fund (CEF) focused on high current income through investments in CLO equity and mezzanine tranches of below-investment-grade U.S. senior secured loans. ...

Other symbols: SPMASPMC
3 months ago - Seeking Alpha

SPME: New Term Preferred Shares From A Leveraged CEF

Sound Point Meridian Capital has increased leverage by issuing new 7.875% Series B Preferred Shares, SPME, which are actually debt due to their fixed maturity in 2030. Sound Point Meridian Capital, In...

4 months ago - Seeking Alpha