Sound Point Meridian Capital (SPMC) Expected to Announce Quarterly Earnings on Thursday

Sound Point Meridian Capital (NYSE:SPMC) is projected to post its Q2 26/27 results before the market opens on Thursday, November 12th. Analysts expect Sound Point Meridian Capital to announce earnings of $0.29 per share and revenue of $13.17 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 26/27 earnings report for the latest details on the call scheduled for Thursday, November 12, 2026 at 11:00 AM ET.

Sound Point Meridian Capital (NYSE:SPMC) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.06). The firm had revenue of $12.42 million for the quarter, compared to analyst estimates of $14.18 million. On average, analysts expect Sound Point Meridian Capital to post $1.11 EPS for the current fiscal year and $1.22 EPS for the next fiscal year.

Sound Point Meridian Capital Price Performance

Shares of SPMC opened at $5.76 on Wednesday. The firm has a market capitalization of $118.18 million, a PE ratio of 3.65 and a beta of 1.39. Sound Point Meridian Capital has a 1-year low of $5.43 and a 1-year high of $16.75. The company’s fifty day moving average price is $7.72 and its 200-day moving average price is $9.78.

Analyst Upgrades and Downgrades

SPMC has been the subject of a number of research analyst reports. Zacks Research upgraded Sound Point Meridian Capital from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 27th. B. Riley Financial dropped their price target on Sound Point Meridian Capital from $10.50 to $10.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $15.12.

About Sound Point Meridian Capital

Sound Point Meridian Capital, Inc. (NYSE: SPMC) is a closed-end investment company focused on investing in collateralized loan obligations (CLOs). The company primarily seeks exposure to CLO equity and junior debt tranches, which are backed by pools of senior secured loans made to corporate borrowers. Sound Point Meridian Capital is externally managed by an affiliate of Sound Point Capital Management, an alternative investment manager. Its investment strategy is designed to provide shareholders with income and potential capital appreciation through a diversified portfolio of CLO investments rather than through the direct operation of businesses or the sale of consumer products and services.