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Sound Point Meridian Capital, Inc. ( (SPMC) ) has shared an update.
On November 13, 2025, Sound Point Meridian Capital, Inc. announced its financial results for the second fiscal quarter ending September 30, 2025. The company reported a net asset value per share of $16.91 and a net investment income of $11.0 million. However, it faced a GAAP net loss of $17.2 million due to realized and unrealized losses on investments. The company also declared monthly distributions for its common and preferred stock to be paid in early 2026. These results reflect the company’s ongoing challenges in managing its investment portfolio, particularly in the CLO market, impacting its financial performance and stakeholder returns.
The most recent analyst rating on (SPMC) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Sound Point Meridian Capital, Inc. stock, see the SPMC Stock Forecast page.
More about Sound Point Meridian Capital, Inc.
Sound Point Meridian Capital, Inc. is an externally managed, non-diversified closed-end management investment company. It primarily invests in third-party collateralized loan obligation (CLO) equity and mezzanine tranches of U.S. dollar-denominated CLOs backed by corporate leveraged loans issued mainly to U.S. obligors. The company aims to generate high current income and capital appreciation.
Average Trading Volume: 24,403
Technical Sentiment Signal: Sell
See more insights into SPMC stock on TipRanks’ Stock Analysis page.