SPMA Research | Milton Maxwell

SPMA

Sound Point Meridian Capital, Inc.

25.15

-0.08-0.32%

Dec 16, 3:52:47 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

P/E (TTM)

Basic EPS (TTM)

Dividend Yield

0.13%

Recent Filings

8-K

NAV estimated $10.43-$10.53

3/10/26Mar 10, 2026

Sound Point Meridian Capital pegged its unaudited NAV per common share at $10.43-$10.53 as of February 28, 2026, disclosed March 10. This tight range signals steady asset values amid market flux. NAV holds firm.

8-K

Declares Q1 2027 dividends

2/11/26Feb 11, 2026

Sound Point Meridian Capital declared $0.20 monthly common dividends payable April through June 2026, alongside Series A and B preferred distributions at 8.00% and 7.875% annual rates. Q3 net asset value hit $14.02, with NII of $9.0M offsetting $52.9M investment losses for a $43.9M GAAP net loss. NAV dipped to $13.40 by January 31. Distributions mix income, gains, return of capital.

8-K

NAV estimated $13.35-$13.45

2/9/26Feb 9, 2026

Sound Point Meridian Capital pegged its unaudited NAV per common share at $13.35-$13.45 as of January 31, 2026, disclosed February 9. This range signals steady asset values amid market flux. NAV holds steady. No further guidance or risks detailed.

8-K

NAV $13.97-$14.07

1/9/26Jan 9, 2026

Sound Point Meridian Capital pegged its NAV per share at $13.97-$14.07 as of December 31, 2025. Q4 net investment income ranged $0.40-$0.48 per share, while realized losses hit ($0.01)-($0.09). Estimates are unaudited. NAV holds steady.

8-K

NAV estimated $14.66-$14.76

12/8/25Dec 8, 2025

Sound Point Meridian Capital pegged its NAV per common share at $14.66-$14.76 as of November 30, 2025, per management's unaudited estimate disclosed December 8. This pins valuation amid market flux. NAV holds steady.

About

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.

CEO

Mr. Ujjaval Desai

IPO

11/11/2024

Sector

Financial Services

Industry

Asset Management