Weekly Investment Analysts’ Ratings Changes for Sound Point Meridian Capital (SPMC)

Several brokerages have updated their recommendations and price targets on shares of Sound Point Meridian Capital (NYSE: SPMC) in the last few weeks:

• 2/12/2026 – Sound Point Meridian Capital had its “neutral” rating reaffirmed by B. Riley Financial, Inc.. They now have a $12.00 price target on the stock, down from $16.00.
• 2/11/2026 – Sound Point Meridian Capital had its “buy” rating reaffirmed by Alliance Global Partners.
• 2/11/2026 – Sound Point Meridian Capital was given a new $12.00 price target by Compass Point.
• 2/11/2026 – Sound Point Meridian Capital was downgraded by B. Riley Financial, Inc. from “buy” to “hold”.
• 2/11/2026 – Sound Point Meridian Capital was downgraded by B. Riley Financial, Inc. from “strong-buy” to “hold”.
• 1/30/2026 – Sound Point Meridian Capital was upgraded by Zacks Research from “strong sell” to “hold”.

Sound Point Meridian Capital Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.20 per share. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 25.7%. Sound Point Meridian Capital’s dividend payout ratio (DPR) is presently -84.99%.

Insiders Place Their Bets

In other Sound Point Meridian Capital news, major shareholder Guaranty Ltd Assured sold 4,562 shares of the stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $14.31, for a total value of $65,282.22. Following the transaction, the insider directly owned 5,269,690 shares of the company’s stock, valued at $75,409,263.90. This represents a 0.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Matthew E. Forstenhausler acquired 4,118 shares of the business’s stock in a transaction on Thursday, December 18th. The shares were bought at an average price of $13.60 per share, with a total value of $56,004.80. Following the completion of the transaction, the director directly owned 6,318 shares of the company’s stock, valued at approximately $85,924.80. The trade was a 187.18% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders purchased 11,480 shares of company stock worth $150,127 and sold 10,701 shares worth $154,990. 0.89% of the stock is currently owned by corporate insiders.

Sound Point Meridian Capital Inc is an externally managed, non-diversified closed-end management investment company. Its investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in third-party collateralized loan obligation equity and mezzanine tranches. Sound Point Meridian Capital Inc is based in NEW YORK.