Next quarter’s earnings estimate for SPMC is $0.52 with a range of $0.46 to $0.57. The previous quarter’s EPS was $0.86. SPMC beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 33.33% of the time in the same period. In the last calendar year SPMC has Outperformed its overall industry.

SPMC Sales Forecast

Next quarter’s sales forecast for SPMC is $23.32M with a range of $23.32M to $23.32M. The previous quarter’s sales results were $14.71M. SPMC beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 0.00% of the time in the same period. In the last calendar year SPMC has Preformed in-line its overall industry.

Detailed List of Analyst Forecasts

Ranks

Any

Analyst Rating

Any

Upside/ Downside

Any

Action

Any

Matthew Howlett

B.Riley Financial

$22.5

Buy

12.50%

Upside

Initiated

10/08/24

Buy Rating Justified by Sound Point Meridian's Strategic Positioning for CLO Cash Flow Arbitrage and Dividend Growth Prospects

Mitchel Penn

Oppenheimer

$21

Buy

5.00%

Upside

Initiated

07/09/24

Sound Point Meridian Capital initiated with an Outperform at OppenheimerSound Point Meridian Capital initiated with an Outperform at Oppenheimer

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Best Analysts Covering Sound Point Meridian Capital, Inc.

Which Analyst Should I Follow If I Want to Buy SPMC and Sell After:

1 Month

xxx

Success Rate

1/1 ratings generated profit

Average Return

+7.60%

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rating 4 months ago

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trades and holding each position for 1 Month would result in 100.00% of your transactions generating a profit, with an average return of +7.60% per trade.

3 Months

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1/1 ratings generated profit

Average Return

+9.50%

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1 Year

Mitchel PennOppenheimer

Success Rate

1/1 ratings generated profit

Average Return

+8.20%

initiated a buy rating 7 months ago

Copying Mitchel Penn's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +8.20% per trade.

2 Years

xxx

Success Rate

1/1 ratings generated profit

Average Return

+8.20%

initiated a xxx

rating 7 months ago

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trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +8.20% per trade.

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SPMC Analyst Recommendation Trends

Rating

Jul 24

Oct 24

Strong Buy

Buy

Hold

Sell

Strong Sell

total

In the current month, SPMC has received 2 Buy Ratings, 0 Hold Ratings, and 0 Sell Ratings. SPMC average Analyst price target in the past 3 months is ―.

Each month's total comprises the sum of three months' worth of ratings.

SPMC Stock Forecast FAQ

What is SPMC’s average 12-month price target, according to analysts?

Currently, no data Available

What is SPMC’s upside potential, based on the analysts’ average price target?

Currently there's no upside potential for SPMC, based on the analysts’ average price target.

Can I see which stocks the top-ranking analysts are rating?

Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.

How can I follow the stock ratings of top Wall Street analysts?

Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.

Is SPMC a Buy, Sell or Hold?

Currently, no data Available

What is Sound Point Meridian Capital, Inc.’s price target?

Currently, no data Available

What do analysts say about Sound Point Meridian Capital, Inc.?

Not enough analysts have published a price target to provide an average price target.

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Sound Point Meridian Capital, Inc. (SPMC) Stock Forecast & Price Target

SPMC Analyst Ratings

SPMC Stock 12 Month Forecast

SPMC Financial Forecast

SPMC Earnings Forecast

SPMC Sales Forecast

Detailed List of Analyst Forecasts​

Best Analysts Covering Sound Point Meridian Capital, Inc.

SPMC Analyst Recommendation Trends

SPMC Stock Forecast FAQ

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Detailed List of Analyst Forecasts