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)
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)
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 is pleased to announce the declaration of distributions on shares of the Company's common and preferred stock for the first fiscal quarter 2026 (second calendar quarter of 2025). The Company is declaring a monthly distribution of $0.25 per share on its common stock to be paid on each of April 30, 2025, May 30, 2025, and June 30, 2025. The distributions are payable based on the following schedule: Record Date Payable Date Amount per common share Apr
Conference Call Scheduled for Wednesday, February 12, 2025 at 10:00 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 its third fiscal quarter ended December 31, 2024 prior to the opening of the stock market on Wednesday, February 12, 2025, and discuss these results in a conference call at 10:00 a.m. ET. All interested parties are welcome to participate in the conference call via the below: Date/Time: Wednesday, February 12, 2025 – 10:00 a.m. ET
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 is pleased to announce the declaration of distributions on shares of the Company's common and preferred stock for the first fiscal quarter 2026 (second calendar quarter of 2025). The Company is declaring a monthly distribution of $0.25 per share on its common stock to be paid on each of April 30, 2025, May 30, 2025, and June 30, 2025. The distributions are payable based on the following schedule: Record Date Payable Date Amount per common share Apr
Conference Call Scheduled for Wednesday, February 12, 2025 at 10:00 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 its third fiscal quarter ended December 31, 2024 prior to the opening of the stock market on Wednesday, February 12, 2025, and discuss these results in a conference call at 10:00 a.m. ET. All interested parties are welcome to participate in the conference call via the below: Date/Time: Wednesday, February 12, 2025 – 10:00 a.m. ET
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