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Sound Point Meridian Capital Inc (SPMC)

USD10.42 -0.57 (-5.19%)
US NYSE Financial Services Asset Management
Address 375 Park Avenue 10152
New York City, DE, US
CEO Ujjaval Desai
IPO 2024-06-14
CIK 1930147 ISIN US83617A1088

Explore sections of this company profile

Description

Sound Point Meridian Capital, LLC functions as a closed-end investment firm based in the United States. The company's primary investment strategy involves allocating capital to the equity and mezzanine layers of collateralized loan obligations (CLOs). These CLOs are backed by diversified pools of predominantly lower-rated, U.S. senior secured debt. Established in 2022, its operations are headquartered in New York, New York.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD10.42 -0.57 (-5.19%)
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Volume Profile
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Liquidity & share structure
Average Volume
35.3K
Beta
1.14
Float Shares
15.08M
Free Float %
73.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.96% +2.84% +10.72% +9.05% -19.03% -15.85% -36.78% -42.15% -42.15% -42.15% -42.15%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (2 ratings, all time) Buy
Price Targets & DCF
Current price
10.42
Low 11.50 +10.4%
Consensus 11.75 +12.8%
Median 11.75 +12.8%
High 12.00 +15.2%
Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 2 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month 1
11.50
+10.4%
Last Quarter 2
11.25
+8.0%
Last Year 7
15.14
+45.3%
All Time 8
15.88
+52.4%
Quality scores
Altman Z-Score
-0.21
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
2 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Asset Management: +17.4%
    -267.4% Q1'26: +89.6% (vs Q3'24)
  • EPS growth Asset Management: +22.7%
    -803.5% Q1'26: -2,016.7% (vs Q3'24)
  • FCF margin FCF growth · Asset Management: +27.7%
    +132.3% Q1'26: +180.1% (vs Q3'24)
  • EBIT margin Asset Management: +50.6%
    +116.9% Q1'26: -396.9% (vs Q3'24)
  • ROIC Asset Management: +6.5%
    -49.9% Q1'26: -175.1% (vs Q3'24)
  • Share dilution Asset Management: +0.0%
    +1.5% Q1'26: +2.0% (vs Q3'24)
  • Debt / EBITDA Net debt/EBITDA · Asset Management: -0.03×
    -0.48× Q1'26: -0.14× (vs Q3'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.01) × ERP
WACC = 0% × Ke + 100% × Kd (23.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 10.42
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2024
actual
Mar 2025
actual
Mar 2026
3 Rev. Ana.
3 EPS Ana.
Mar 2027
2 Rev. Ana.
2 EPS Ana.
Mar 2028
3 Rev. Ana.
3 EPS Ana.
Revenue
46.38M
est.
64.51M
est: 45.06M (+43.2%)
74.60M
74.19M – 75.00M
+65.6% YoY
69.56M
66.22M – 72.90M
-6.8% YoY
79.90M
72.02M – 83.98M
+14.9% YoY
EBITDA
35.39M
est.
63.60M
est: 37.06M (+71.6%)
61.35M
61.01M – 61.68M
+65.6% YoY
57.20M
54.46M – 59.95M
-6.8% YoY
65.71M
59.23M – 69.06M
+14.9% YoY
EBIT
45.94M
est.
63.60M
est: 37.06M (+71.6%)
61.35M
61.01M – 61.68M
+65.6% YoY
57.20M
54.46M – 59.95M
-6.8% YoY
65.71M
59.23M – 69.06M
+14.9% YoY
Net Income
63.60M
est.
63.60M
est: 32.79M (+94.0%)
39.40M
39.19M – 39.61M
+20.2% YoY
34.85M
32.59M – 35.69M
-11.6% YoY
39.38M
35.43M – 43.34M
+13.0% YoY
SGA
5.75M
est.
792.4K
est: -159.3K (+597.6%)
-263.7K
-265.1K – -262.2K
-65.6% YoY
-245.8K
-257.7K – -234.0K
+6.8% YoY
-282.4K
-296.8K – -254.6K
-14.9% YoY
EPS
3.14
est.
0.87
est: 1.64 (-47.0%)
1.91
1.90 – 1.92
+16.5% YoY
1.66
1.58 – 1.73
-13.1% YoY
1.97
1.72 – 2.10
+18.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-27 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-26 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-22 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-21 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-20 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-19 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-18 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-15 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-14 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-13 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-12 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-11 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-08 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-07 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-06 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-05 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-04 B- 2/5 1/5 2/5 4/5 3/5 1/5 3/5
2026-05-01 C+ 2/5 1/5 2/5 4/5 2/5 1/5 3/5
2026-04-30 C+ 2/5 1/5 2/5 4/5 2/5 1/5 3/5
2026-04-29 C+ 2/5 1/5 2/5 4/5 2/5 1/5 3/5
2026-04-28 C+ 2/5 1/5 2/5 4/5 2/5 1/5 3/5
2026-04-27 C+ 2/5 1/5 2/5 4/5 2/5 1/5 3/5
2026-04-24 C+ 2/5 1/5 2/5 4/5 2/5 1/5 3/5
2026-04-23 C+ 2/5 1/5 2/5 4/5 2/5 1/5 3/5
2026-04-22 C+ 2/5 1/5 2/5 4/5 2/5 1/5 3/5
2026-04-21 C+ 2/5 1/5 2/5 4/5 2/5 1/5 3/5
2026-04-20 C+ 2/5 1/5 2/5 4/5 2/5 1/5 3/5
2026-04-17 B- 2/5 1/5 2/5 5/5 2/5 1/5 3/5
2026-04-16 B- 2/5 1/5 2/5 5/5 2/5 1/5 3/5

Owner Earnings

Owner's Earnings (history)

Owner's Earnings history not available.

Owner alignment
Owner's Earnings TTM
OE per share TTM
Owner's Yield
Maintenance CapEx ratio
Maint CapEx / Avg PPE

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
11
Total invested
107.33M
Insider transactions (90d)
0
Beneficial owners (>5%)
17
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Debra Fine 13.44M 6.93% 13.44M 13.44M IN Delaware 2013-02-14
2 Fine Capital Advisors, LLC 13.44M 6.93% 13.44M 13.44M OO Delaware 2013-02-14
3 Wellington Group Holdings LLP 7.93M 9.81% 7.35M HC Massachusetts 2021-02-03
4 Wellington Investment Advisors Holdings LLP 7.93M 9.81% 7.35M HC Massachusetts 2021-02-03
5 Wellington Management Group LLP 7.93M 9.81% 7.35M HC Massachusetts 2021-02-03
6 26-1080669 7.71M 11.00% 1.94M 7.71M HC 2022-02-14
7 Wellington Management Company LLP 7.58M 9.39% 7.20M IA Massachusetts 2021-02-03
8 Fine Capital Partners, L.P. 6.85M 4.85% 6.85M 6.85M IA, PN Delaware 2016-02-16
9 LMM LLC 52-2204753 6.24M 3.40% 6.24M 6.24M IA Delaware 2011-02-15
10 04-3542621 6.03M 8.60% 262.3K 6.03M IA 2022-02-14
11 LMM LLC 5.88M 3.26% 5.88M 5.88M IA Delaware 2010-02-16
12 Assured Guaranty Ltd. 5.30M 26.50% 5.30M 5.30M HC Bermuda 2024-07-03
13 Legg Mason Capital Management, Inc. 5.13M 2.84% 4.53M 5.13M IA Delaware 2010-02-16
14 Thrivent Financial for Lutherans 4.17M 5.16% 168.8K 4.00M 168.8K IC, IA Wisconsin 2021-02-17
15 30-0447847 4.00M 5.70% 3.94M 4.00M IA 2022-02-08
16 UBS AG 955.3K 5.08% BK MARYLAND 2013-02-12
17 Investment Management 372.3K 16.19% 372.3K 372.3K IA New York 2024-12-06

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
11
-5 vs prev Q
New positions
2
Closed positions
7
Increased
6
Reduced
1
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 KIM, LLC 10.79M +6.7K (+0.1%) 148.38M -38.7M (-20.7%) 52.71% -0.369 pp 12.01% -4.325 pp USD17.88 -23.1% 3 qtrs
2 BANK OF AMERICA CORP /DE/ 500.0K +— (+0.0%) 6.88M -1.8M (-20.7%) 2.44% -0.019 pp 0.00% 0.000 pp USD20.05 -31.4% 7 qtrs
3 GOLDMAN SACHS GROUP INC 474.4K +124.0 (+0.0%) 6.52M -1.7M (-20.7%) 2.32% -0.017 pp 0.00% 0.000 pp USD19.77 -30.5% 6 qtrs
4 EVEREST MANAGEMENT CORP. 79.8K +4.2K (+5.6%) 1.10M -213.7K (-16.3%) 0.39% +0.018 pp 0.61% -0.224 pp USD17.64 -22.1% 3 qtrs
5 MORGAN STANLEY 41.1K +12.7K (+44.6%) 565.8K +71.9K (+14.6%) 0.20% +0.061 pp 0.00% +0.000 pp USD17.51 -21.5% 6 qtrs
6 RUNNING POINT CAPITAL ADVISORS, LLC 31.5K -1.1K (-3.3%) 433.3K -131.8K (-23.3%) 0.15% -0.006 pp 0.12% -0.033 pp USD20.31 -32.3% 5 qtrs
7 VIRTUS INVESTMENT ADVISERS, INC. 29.6K +2.1K (+7.5%) 407.3K -70.9K (-14.8%) 0.14% +0.009 pp 0.11% -0.026 pp USD17.10 -19.6% 2 qtrs
8 CITADEL ADVISORS LLC 28.2K +12.8K (+83.4%) 388.1K +121.1K (+45.3%) 0.14% +0.062 pp 0.00% +0.000 pp USD15.71 -12.5% 5 qtrs
9 MARSHALL WACE, LLP 26.9K -34.7K (-56.3%) 369.8K -698.2K (-65.4%) 0.13% -0.172 pp 0.00% -0.001 pp USD19.62 -29.9% 5 qtrs
10 BLACK SWIFT GROUP, LLC 22.5K +— (+0.0%) 309.4K -81.0K (-20.7%) 0.11% -0.001 pp 0.05% -0.017 pp USD20.05 -31.4% 7 qtrs
11 THOMAS J. HERZFELD ADVISORS, INC. 13.7K +13.7K (+100.0%) 188.7K +188.7K (+100.0%) 0.07% +0.067 pp 0.06% +0.064 pp USD13.75 +0.0% 7 qtrs
12 OPPENHEIMER & CO INC 13.7K -2.9K (-17.5%) 188.4K -99.9K (-34.7%) 0.07% -0.015 pp 0.00% -0.001 pp USD19.64 -30.0% 6 qtrs
13 UBS GROUP AG 1.2K +1.1K (+2,085.2%) 16.2K +15.3K (+1,631.6%) 0.01% +0.006 pp 0.00% +0.000 pp USD13.94 -1.4% 7 qtrs
14 ADVISOR GROUP HOLDINGS, INC. 456.00 +372.0 (+442.9%) 6.3K +4.8K (+318.5%) 0.00% +0.002 pp 0.00% +0.000 pp USD14.87 -7.5% 6 qtrs
15 HARBOUR INVESTMENTS, INC. 252.00 +252.0 (+100.0%) 3.5K +3.5K (+100.0%) 0.00% +0.001 pp 0.00% +0.000 pp USD13.75 +0.0% 1 qtrs NEW
16 BNP PARIBAS ARBITRAGE, SNC 200.00 +200.0 (+100.0%) 2.8K +2.8K (+100.0%) 0.00% +0.001 pp 0.00% +0.000 pp USD13.75 +0.0% 1 qtrs NEW
17 ROCKEFELLER CAPITAL MANAGEMENT L.P. -362.0 (-100.0%) -6.3K (-100.0%) 0.00% -0.002 pp 0.00% +0.000 pp USD 2 qtrs SOLD
18 B. RILEY FINANCIAL, INC. -47.5K (-100.0%) -147.3K (-100.0%) 0.00% -0.234 pp 0.00% -0.100 pp USD 4 qtrs SOLD
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 1 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Virtus Private Credit Strategy ETF VPC 1.76% 534.4K 10.60%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Ratio by volume
0.00
Bearish
Buys
0
Sells
5
Shares acquired
Shares disposed
10.5K
Cash buys
Cash sales
5.00
Net activity
-10,464
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-02-13 Ketchum Stephen Director / Officer P-Purchase A Common Stock, par value $0.001 per share 1,000 11.40 11.4K 93,090 D
2026-02-13 Forstenhausler Matthew E. Director P-Purchase A Common Stock, par value $0.001 per share 2,000 11.50 23.0K 9,644 D
2026-01-29 ASSURED GUARANTY LTD 10% Owner S-Sale D Common Stock 237 14.32 3.4K 5,269,453 I
2026-01-27 ASSURED GUARANTY LTD 10% Owner S-Sale D Common Stock 4,562 14.31 65.3K 5,269,690 I
2026-01-23 ASSURED GUARANTY LTD 10% Owner S-Sale D Common Stock 305 14.29 4.4K 5,274,252 I
2026-01-14 ASSURED GUARANTY LTD 10% Owner S-Sale D Common Stock 1,650 14.48 23.9K 5,274,557 I
2026-01-13 ASSURED GUARANTY LTD 10% Owner S-Sale D Common Stock 165 14.50 2.4K 5,276,207 I
2026-01-12 ASSURED GUARANTY LTD 10% Owner S-Sale D Common Stock 3,782 14.72 55.7K 5,276,372 I
2025-12-31 FABIAN DANIEL STEVEN Officer No securities are beneficially owned. 0 0.00 0 D
2025-12-19 Forstenhausler Matthew E. Director P-Purchase A Common Stock, par value $0.001 per share 1,000 13.60 13.6K 7,318 D
2025-12-18 Forstenhausler Matthew E. Director P-Purchase A Common Stock, par value $0.001 per share 4,118 13.60 56.0K 6,318 D
2025-12-17 Forstenhausler Matthew E. Director P-Purchase A Common Stock, par value $0.001 per share 1,200 13.70 16.4K 2,200 D
2025-12-16 Desai Ujjaval Director / Officer P-Purchase A Common stock, par value $0.001 per share 1,000 13.37 13.4K 81,741 D
2025-12-15 Desai Ujjaval Director / Officer P-Purchase A Common stock, par value $0.001 per share 1,000 13.60 13.6K 80,741 D
2025-12-12 Desai Ujjaval Director / Officer P-Purchase A Common stock, par value $0.001 per share 1,162 13.84 16.1K 79,741 D
2025-11-17 ASSURED GUARANTY LTD 10% Owner S-Sale D Common Stock 102 16.40 1.7K 5,280,154 I
2025-10-28 ASSURED GUARANTY LTD 10% Owner S-Sale D Common Stock 266 16.69 4.4K 5,280,256 I
2025-10-27 ASSURED GUARANTY LTD 10% Owner S-Sale D Common Stock 590 16.70 9.9K 5,280,522 I
2025-10-24 ASSURED GUARANTY LTD 10% Owner S-Sale D Common Stock 1,882 16.64 31.3K 5,281,112 I
2025-10-22 Ketchum Stephen Director / Officer P-Purchase A Common Stock, par value $0.001 per share 1,000 15.60 15.6K 95,090 D
2025-10-22 Desai Ujjaval Director / Officer P-Purchase A Common stock, par value $0.001 per share 8,000 15.71 125.7K 78,579 D
2025-10-21 Ketchum Stephen Director / Officer P-Purchase A Common Stock, par value $0.001 per share 2,000 15.31 30.6K 94,090 D
2025-10-20 Ketchum Stephen Director / Officer P-Purchase A Common Stock, par value $0.001 per share 5,000 15.61 78.1K 92,090 D
2025-10-20 Desai Ujjaval Director / Officer P-Purchase A Common stock, par value $0.001 per share 12,000 15.36 184.3K 70,579 D
2025-10-15 ASSURED GUARANTY LTD 10% Owner S-Sale D Common Stock 6,258 16.90 105.8K 5,282,994 I
2025-10-14 ASSURED GUARANTY LTD 10% Owner S-Sale D Common Stock 1,227 17.38 21.3K 5,289,252 I
2025-10-13 ASSURED GUARANTY LTD 10% Owner S-Sale D Common Stock 3,195 17.51 55.9K 5,290,479 I
2025-10-09 ASSURED GUARANTY LTD 10% Owner S-Sale D Common Stock 3,409 17.78 60.6K 5,293,674 I
2024-11-21 Ketchum Stephen Director / Officer P-Purchase A Common Stock, par value $0.001 per share 4,000 20.32 81.3K 23,326 D
2024-11-21 Forstenhausler Matthew E. Director P-Purchase A Common Stock, par value $0.001 per share 1,000 20.25 20.3K 1,000 D
2024-11-20 Lewin Lana Director P-Purchase A Common Stock, par value $0.001 per share 492 20.45 10.1K 492 D
2024-11-20 Ketchum Stephen Director / Officer P-Purchase A Common Stock, par value $0.001 per share 2,000 20.38 40.8K 19,326 D
2024-11-20 Healy Douglas Taylor Director P-Purchase A Common Stock, par value $0.001 per share 500 20.26 10.1K 500 D
2024-11-19 Ketchum Stephen Director / Officer P-Purchase A Common Stock, par value $0.001 per share 1,000 20.32 20.3K 17,326 D
2024-11-15 Ketchum Stephen Director / Officer P-Purchase A Common Stock, par value $0.001 per share 8,000 19.85 158.8K 16,326 D
2024-11-14 Ketchum Stephen Director / Officer P-Purchase A Common Stock, par value $0.001 per share 1,000 20.42 20.4K 8,326 D
2024-06-17 ASSURED GUARANTY LTD 10% Owner I Common Stock 0 0.00 5,297,083

Executive team

Top executives
Shares Outstanding
20.54M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2025-11-21 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-28 NPORT-P
2026-05-28 N-CSR
2026-05-27 8-K
2026-05-20 8-K
2026-05-11 8-K
2026-04-30 4
2026-04-09 8-K
2026-03-18 40-17G
2026-03-13 D
2026-03-10 8-K

Executive team

NameTitleCompensationGender
Andrea Sayago Corporate Secretary female
Daniel Steven Fabian Chief Financial Officer male
Joshua Harris Head of Public Fund Accounting
Lucas D. Foss Chief Compliance Officer male
Ujjaval Desai Chief Executive Officer & Director male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits