Sound Point Meridian Capital (SPMC) Set to Release Earnings on Thursday

Sound Point Meridian Capital (NYSE:SPMC) will likely be issuing its Q2 26/27 results before the market opens on Thursday, November 12th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $13.17 million for the quarter. Interested persons can check the company’s upcoming Q2 26/27 earnings overview page for the latest details on the call scheduled for Thursday, November 12, 2026 at 11:00 AM ET.

Sound Point Meridian Capital (NYSE:SPMC) last announced its quarterly earnings data on Wednesday, August 12th. The company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.06). The company had revenue of $12.42 million during the quarter, compared to analysts’ expectations of $14.18 million. On average, analysts expect Sound Point Meridian Capital to post $1.11 EPS for the current fiscal year and $1.22 EPS for the next fiscal year.

Sound Point Meridian Capital Price Performance

NYSE SPMC opened at $5.67 on Tuesday. Sound Point Meridian Capital has a 1-year low of $5.43 and a 1-year high of $16.75. The company has a market capitalization of $116.13 million, a P/E ratio of 3.97 and a beta of 1.39. The business has a 50 day moving average price of $7.80 and a 200 day moving average price of $9.83.

Sound Point Meridian Capital Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $1.56 annualized dividend and a yield of 27.5%. Sound Point Meridian Capital’s payout ratio is presently -26.99%.

Wall Street Analysts Forecast Growth

SPMC has been the topic of a number of recent research reports. B. Riley Financial reduced their target price on shares of Sound Point Meridian Capital from $10.50 to $10.00 and set a “neutral” rating on the stock in a report on Wednesday, August 12th. Zacks Research upgraded shares of Sound Point Meridian Capital from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Sound Point Meridian Capital presently has an average rating of “Moderate Buy” and an average target price of $15.12.

Sound Point Meridian Capital Company Profile

Sound Point Meridian Capital, Inc (NYSE: SPMC) is a closed-end investment company focused on investing in collateralized loan obligations (CLOs). The company primarily seeks exposure to CLO equity and junior debt tranches, which are backed by pools of senior secured loans made to corporate borrowers.

Sound Point Meridian Capital is externally managed by an affiliate of Sound Point Capital Management, an alternative investment manager. Its investment strategy is designed to provide shareholders with income and potential capital appreciation through a diversified portfolio of CLO investments rather than through the direct operation of businesses or the sale of consumer products and services.

The company invests in U.S.