# Sound Point Pref A (SPMA) — Overview

SPMA · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/spma

## Price

Last close $24.71 on Oct 15, 2026. 52-week range $24.71 – $25.34.

## Company profile

Sound Point Meridian Capital Inc is a closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation.

## Financials

| Metric | Value |
| --- | --- |
| Revenue (trailing twelve months) | $72.5M |
| Revenue (quarter) | $72.5M |
| Revenue growth (year over year) | 3.19% |
| Gross profit (trailing twelve months) | $0.00 |
| Gross margin | 0.00% |
| Net income (trailing twelve months) | −$126.2M |
| Net income (quarter) | −$126.2M |
| Net income growth (year over year) | -817.19% |
| Net margin | -174.08% |
| Return on equity | -43.51% |
| EPS (trailing twelve months) | −$6.12 |
| Book value per share | $9.63 |
| P/E (trailing twelve months) | — |
| Price to book | 0.2 |
| Debt to assets | 46.95% |
| Payout ratio | 0.00% |
| Dividend yield | 1.35% |

## Frequently Asked Questions

### Is Sound Point Pref A (SPMA) profitable?

No. Sound Point Pref A reported a net loss of $126.2M over the trailing twelve months.

### How much revenue does Sound Point Pref A (SPMA) make?

Sound Point Pref A generated $72.5M in revenue over the trailing twelve months, up 3.19% year over year.

### How do I buy stock in Sound Point Pref A (SPMA)?

SPMA trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).