$11.42
Closed
-(-)

At close

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About

Sound Point Meridian Capital Inc is a US-based company operating in Capital Markets industry. The company is headquartered in New York City, New York. The company went IPO on 2024-06-14. Sound Point Meridian Capital, Inc. is an externally managed, non-diversified, closed-end management investment company. The Company’s investment objective is to generate high current income, with a secondary objective to generate capital appreciation. The company seeks to achieve its investment objectives by investing primarily in third-party collateralized loan obligations (CLO) equity and mezzanine tranches of predominately United States dollar denominated CLOs backed by corporate leveraged loans issued primarily to United States obligors. The company may also invest in other securities and instruments including, among other investments, junior debt tranches of CLOs and loan accumulation facilities. The firm is externally managed and advised by Sound Point Meridian Management Company, LLC.
Country

US

CEO

Mr. Ujjaval Desai

IPO date

2024

Employees

0

ISIN

US83617A1088

Key stats

Open

$11.40

Volume

136.70K

Market cap

$232.07M

Prev. close

$11.49

Impl / hst vl

-

Open interest

$0.00

$11.29

Day’s Range

$11.64

$8.36

52W Range

$15.00

Valuation

55
Valuation score
Fairly Valued
P/E
-
P/S
-
P/B
0.93
Current ratio
1.48
Debt / Equity
0.83
ROE
-
Gross margin
52.61%
Income growth
1,469.18%
FCF growth
-216.15

Sep

30

Dividends

The next payment date will be Sep 30, 2026

Div. per Share

$0.60

Div. Yield

5.22%

Payout Ratio

-

Div. Growth YoY

0.00%

Analysts estimates

Consensus rating
Buy

The average rating from top 6 analysts indicates that stock is expected to perform in line with the market

Str. Sell
Sell
Hold
Buy
Str. Buy
Avg. price target
$13.01
The top 6 analysts forecasts that 12-month price may increase by 13.88%, with a low of $10.61 and a high of $18.90
$10.61
Low
$13.01
Avg
$18.90
High
Current price

Earnings

Q1 ‘26 revenue
$33.07M
Q1 ‘26 net income
-$118.66M
Revenue
Net income
Previous EPS
$0.53
Estimate EPS
$0.57
Actual EPS
Estimate EPS
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