Sound Point Meridian Capital IncSPMC

$10.19+0.18 (+1.80%)
NYSEFinancial Services24:00 UTC

Company snapshot

Market Cap
$210M
Micro-cap
-41%
2024 — today
10-Year Price
-43%
2024 — today
52-Week Range
$8.46$18.45
Current $10.19· 17%

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.

Valuation in context

P/E ratio
-1.8
N/A
Not meaningful — company is unprofitable
P/B ratio
1.1
Above average
Pricier than usual over the last 10 years
Dividend Yield
28.0%
Historically high
Historically high relative to the last 10 years
FCF Yield
-9,840.6%
Historically low
Historically low relative to the last 10 years
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