B. Riley Securities initiated coverage on Sound Point Meridian Capital with a new price target
$SPMC
B. Riley Securities initiated coverage of Sound Point Meridian Capital with a rating of Buy and set a new price target of $22.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/9/2024 | $22.50 | Buy | B. Riley Securities |
SC 13G - Sound Point Meridian Capital, Inc. (0001930147) (Subject)
Sound Point Meridian Capital, Inc. (NYSE:SPMC, SPMA)), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the "Company"), today announced the declaration of distributions on shares of the Company's common and preferred stock for the second fiscal quarter 2026 (third calendar quarter of 2025) and results for the fourth fiscal quarter ended March 31, 2025. The Company is declaring a monthly distribution of $0.25 per share on its common stock to be paid on each of July 31, 2025, August 29, 2025, and September 30, 2025. The distributions are payable based on the following schedule: Record Date
Conference Call Scheduled for Thursday, May 29, 2025 at 11:00 a.m. ET Sound Point Meridian Capital, Inc. (NYSE:SPMC), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the "Company"), today announced it plans to release its financial results for the quarter and fiscal year ended March 31, 2025 prior to the opening of the stock market on Thursday, May 29, 2025, and discuss these results in a conference call at 11:00 a.m. ET. All interested parties are welcome to participate in the conference call via the below: Date/Time: Thursday, May 29, 2025 – 11:00 a.m. ET Participant Dial
Sound Point Meridian Capital, Inc. (NYSE:SPMC, SPMA)), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the "Company"), today announced results for the third fiscal quarter ended December 31, 2024. THIRD FISCAL QUARTER ENDED DECEMBER 31, 2024 RESULTS Net asset value per share of common stock was $20.52 as of December 31, 2024. Net investment income ("NII") was $12.5 million, or $0.62 per share of common stock, comprised of $20.0 million of investment income, or $0.99 per share of common stock and $7.5 million of expenses, or $0.37 per share of common stock. 97% of NII was recurring GAAP i
Sound Point Meridian Capital, Inc. (NYSE:SPMC, SPMA)), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the "Company"), today announced the declaration of distributions on shares of the Company's common and preferred stock for the second fiscal quarter 2026 (third calendar quarter of 2025) and results for the fourth fiscal quarter ended March 31, 2025. The Company is declaring a monthly distribution of $0.25 per share on its common stock to be paid on each of July 31, 2025, August 29, 2025, and September 30, 2025. The distributions are payable based on the following schedule: Record Date
Conference Call Scheduled for Thursday, May 29, 2025 at 11:00 a.m. ET Sound Point Meridian Capital, Inc. (NYSE:SPMC), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the "Company"), today announced it plans to release its financial results for the quarter and fiscal year ended March 31, 2025 prior to the opening of the stock market on Thursday, May 29, 2025, and discuss these results in a conference call at 11:00 a.m. ET. All interested parties are welcome to participate in the conference call via the below: Date/Time: Thursday, May 29, 2025 – 11:00 a.m. ET Participant Dial
Sound Point Meridian Capital, Inc. (NYSE:SPMC, SPMA)), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the "Company"), today announced results for the third fiscal quarter ended December 31, 2024. THIRD FISCAL QUARTER ENDED DECEMBER 31, 2024 RESULTS Net asset value per share of common stock was $20.52 as of December 31, 2024. Net investment income ("NII") was $12.5 million, or $0.62 per share of common stock, comprised of $20.0 million of investment income, or $0.99 per share of common stock and $7.5 million of expenses, or $0.37 per share of common stock. 97% of NII was recurring GAAP i
8-K - Sound Point Meridian Capital, Inc. (0001930147) (Filer)
8-K - Sound Point Meridian Capital, Inc. (0001930147) (Filer)
CERT - Sound Point Meridian Capital, Inc. (0001930147) (Filer)
4 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)
4 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)
3 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)
4 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)
4 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)
4 - Sound Point Meridian Capital, Inc. (0001930147) (Issuer)
B. Riley Securities initiated coverage of Sound Point Meridian Capital with a rating of Buy and set a new price target of $22.50