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Sound Point Meridian Capital Inc Pfd 8.5 Series B

NYSE • Financial Services • Asset Management • Quote as of 10/27/2026 16:00
Sound Point Meridian Capital Inc Pfd 8.5 Series B stock price and volume chart

Company Profile

IndustryAsset Management
SectorFinancial Services
ExchangeNYSE
Market Capitalization521.84 mln
Float15.59 mln

Relative Strength

58 / 100
Slightly ahead

Debt / Equity

0.29
Very low leverage

Dividend Yield

7.95%
Very high

DPS

1.97
Very high

Business Description

Sound Point Meridian Capital LLC is a New York-based firm established in 2022 that puts money to work in structured credit markets. The company targets ownership stakes and middle-layer debt positions within loan bundles backed largely by higher-risk business loans. Investors access this strategy through a closed-end fund structure, meaning shares are not continuously issued or redeemed.

Key Fundamentals

RPS3.12
Revenue, mln65.73
EV / Revenue8.54

Quote Details

Last 24.66
Change -0.11 (-0.44%)
Open 24.86
Volume 1,110
Turnover 27,373
Average Volume 3,852.38

Financial Ratios

Current Ratio0.12
Price / Book2.51
Debt / Equity0.29

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 0% 45 / 100   
1 Month -0.08% 56 / 100   
2 Months -0.64% 55 / 100   
6 Months 2.71% 61 / 100   
1 Year 7.26% 61 / 100   



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