# Sound Point Meridian Capital share price today (Sound Point Meridian Capital, Inc., SPMC)

> Sound Point Meridian Capital, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SPMC · Financials · Asset Management · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/spmc

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## Key numbers

- Price: $6.20 (−62.6% in a year)
- P/BV: 0.6× (lower than 97% of the last 1 year)
- Revenue (Jun 2026): $12.4 M (−35.3% on a year ago)
- Profit (Jun 2026): $17.5 M (+80.5% on a year ago)
- Net margin: 140.5% (+90.1 points on a year ago)
- ROE: −44%, FY26

The main question: the share price moved −62.6% in a year while yearly earnings per share moved −295.2%. The difference came from the market paying a higher multiple. ## What is the Sound Point Meridian Capital share price today? Sound Point Meridian Capital, Inc.'s share price was $6.20 at the close on 3 November 2026. That is 37.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between $6 and $16, and at that close it sat 5% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 16 weeks running. Over the last 1 year the share price moved −66% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 17 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Sound Point Meridian Capital pay? Sound Point Meridian Capital, Inc. paid $2.85 per share over the last four reported quarters. The most recent declaration was $0.60 for Jun 2026. At today's price of $6.20 that is a yield of 45.97%, based on dividends already paid, not a forecast. ## Which stock lists is Sound Point Meridian Capital on? Sound Point Meridian Capital is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Sound Point Meridian Capital profitable? Sound Point Meridian Capital, Inc. earned $17.5 M of net profit in the Jun 2026 quarter, +80.5% on the same quarter a year earlier. The full FY26 year was a loss of $126 M. That is 140.5% of the quarter's revenue. The same quarter a year earlier earned $9.7 M. 4 of the last 8 reported quarters were loss-making. For the full year, FY26 profit was −$126 M (−697.7% on the year before). Why profit moved: revenue changed −35.3% on a year earlier and the margin moved +90.1 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed −160.9% and revenue −24.6%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Sound Point Meridian Capital make, and is it growing? Sound Point Meridian Capital, Inc. reported $12.4 M of income in the Jun 2026 quarter, −35.3% on the same quarter a year earlier. Over 3 years it has grown 16.1% a year on average. The last full year, FY26, came in at $72.5 M. The last four reported quarters add to $65.7 M. FY26 revenue was $72.5 M, −14.0% on the year before. Recent pace: the last four quarters grew −24.6% on average, against 16.1% a year over the longer run, so this year is growing slower than its own long-run rate. ## How much does Sound Point Meridian Capital keep from what it earns? Sound Point Meridian Capital, Inc.'s net margin was 140.5% in the Jun 2026 quarter, 90.1 percentage points higher than the same quarter a year ago. Across 3 years it has been between −174.1% and 137.1%. The latest quarter is above every full year in that period. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of Sound Point Meridian Capital's loans have gone bad? Sound Point Meridian Capital, Inc. does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is Sound Point Meridian Capital's loan book growing? Sound Point Meridian Capital, Inc.'s revenue was $72.5 M in FY26, −14.0% on the year before, so the loan book is not growing. The latest quarter was −35.3% on a year earlier. The net margin on that income is 140.5%, +90.1 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch. ## What is Sound Point Meridian Capital's P/BV ratio, and how does it compare with its own history? Sound Point Meridian Capital, Inc.'s P/BV is 0.6×, near the low end of its own history: it has been lower only 3% of the time. Its usual P/BV (the middle reading) is 1.0×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is low: this lender earns about −44% a year on its equity. A lender that earns less on its net worth is valued lower for each dollar of it, and that gap usually closes only if returns improve. Why the multiple is where it is: over the past year book value grew while the price moved −62.6%. Price and book value moved together, so the multiple stayed in its range. In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple. ## Is the Sound Point Meridian Capital business getting better or worse? Sound Point Meridian Capital, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 4 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Sound Point Meridian Capital earn on its equity and assets? Sound Point Meridian Capital, Inc. earned a return on equity of −64% in FY26. That is its lowest yearly reading on file. On its assets, every $100 earned about $7.40, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That return is below the level a bank needs to grow its net worth quickly, which helps explain why its multiple is where it is. Why: the ROE chart shows the move, but the deposit-cost and bad-loan details behind it are not in our data. ## Does Sound Point Meridian Capital have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Sound Point Meridian Capital shareholding pattern? We have no ownership or short-position figures for Sound Point Meridian Capital, Inc., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 0.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Sound Point Meridian Capital from balance-sheet trouble? For Sound Point Meridian Capital, Inc., the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Sound Point Meridian Capital rank in its industry? There is no score against its industry: Sound Point Meridian Capital, Inc. is not among the largest members shown in this industry comparison for Asset Management. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Sound Point Meridian Capital compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Sound Point Meridian Capital in size? Sound Point Meridian Capital is the 90th largest of 90 Asset Management companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Chicago Atlantic BDC, Inc., Eagle Point Income Company Inc., Stellus Capital Investment Corporation, PennantPark Investment Corporation, TriplePoint Venture Growth BDC Corp. and Neostellar Capital Corp. It is the smallest. ### Asset Management companies close in size

1. [Chicago Atlantic BDC, Inc.](https://www.sectoralpha.in/us/stocks/lien) $208 million
2. [Eagle Point Income Company Inc.](https://www.sectoralpha.in/us/stocks/eic) $204 million
3. [Stellus Capital Investment Corporation](https://www.sectoralpha.in/us/stocks/scm) $203 million
4. [PennantPark Investment Corporation](https://www.sectoralpha.in/us/stocks/pnnt) $202 million
5. [TriplePoint Venture Growth BDC Corp.](https://www.sectoralpha.in/us/stocks/tpvg) $183 million
6. [Neostellar Capital Corp.](https://www.sectoralpha.in/us/stocks/nslr) $157 million
7. Sound Point Meridian Capital, Inc. $131 million

[All 90 Asset Management companies, largest first](https://www.sectoralpha.in/us/sectors/asset-management#all-companies)

## What else do people ask about Sound Point Meridian Capital? ### What were Sound Point Meridian Capital's latest quarterly results? Sound Point Meridian Capital, Inc. reported total income of $12.4 M and net profit of $17.5 M for the Jun 2026 quarter. Income fell 35.3% and profit rose 80.5% compared with a year earlier. Earnings per share were $0.83 (as of 3 November 2026). ### What is Sound Point Meridian Capital's market cap? Sound Point Meridian Capital, Inc.'s market capitalisation is $131 M at a stock price of $6.20. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Sound Point Meridian Capital performing? Sound Point Meridian Capital, Inc.'s latest readings are below. In its latest quarter, income fell 35.3% and profit rose 80.5% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 16 weeks running (as of 3 November 2026). ### Will Sound Point Meridian Capital's stock price go up? This page does not forecast Sound Point Meridian Capital, Inc.'s stock price. What it shows instead: the stock price is $6.20. Its P/BV of 0.6× is higher than 3% of its own last 1 years (as of 3 November 2026). ### Where is Sound Point Meridian Capital in its business cycle? Sound Point Meridian Capital, Inc.'s FY26 net margin was −174.1%, against a 3-year range of −174.1% to 137.1%: the low end of its own range, which is often where recoveries start. The latest quarter was 140.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Sound Point Meridian Capital story? The main question: the share price moved −62.6% in a year while yearly earnings per share moved −295.2%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Sound Point Meridian Capital a stock worth studying right now? What the numbers show: Sound Point Meridian Capital, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.