NYSE:PSBD Palmer Square Capital BDC (PSBD) Stock Price, News & Analysis $16.55 +0.05 (+0.30%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$16.50▼$16.6350-Day Range$16.08▼$16.7952-Week Range$15.27▼$17.12Volume70,719 shsAverage Volume35,135 shsMarket Capitalization$539.03 millionP/E RatioN/ADividend Yield10.15%Price Target$16.93 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Palmer Square Capital BDC alerts: Email Address Palmer Square Capital BDC MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside2.3% Upside$16.93 Price TargetShort InterestHealthy0.23% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-7.46%From $2.01 to $1.86 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.19 out of 5 starsFinance Sector891st out of 898 stocksShort - Term Business Credit Industry4th out of 4 stocks 1.3 Analyst's Opinion Consensus RatingPalmer Square Capital BDC has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoveragePalmer Square Capital BDC has received no research coverage in the past 90 days.Read more about Palmer Square Capital BDC's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.23% of the float of Palmer Square Capital BDC has been sold short.Short Interest Ratio / Days to CoverPalmer Square Capital BDC has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month Previous Next 1.7 Dividend Strength Dividend LeadershipPalmer Square Capital BDC is a leading dividend payer. It pays a dividend yield of 10.18%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPalmer Square Capital BDC does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, Palmer Square Capital BDC will have a dividend payout ratio of 90.32% in the coming year. This indicates that Palmer Square Capital BDC may not be able to sustain their current dividend.Read more about Palmer Square Capital BDC's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PSBD. Previous Next 0.6 News and Social Media Coverage MarketBeat Follows2 people have added Palmer Square Capital BDC to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Palmer Square Capital BDC insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 6.52% of the stock of Palmer Square Capital BDC is held by institutions.Read more about Palmer Square Capital BDC's insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Palmer Square Capital BDC are expected to decrease by -7.46% in the coming year, from $2.01 to $1.86 per share.Price to Book Value per Share RatioPalmer Square Capital BDC has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Palmer Square Capital BDC's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaNext opportunity for crypto millionsThe Bitcoin halving is the #1 creator of "crypto millionaires". That's because historically, every halving has led to a massive bull run in the year after it happens. That means we're in the "golden window" right now…Check out the new "Crypto Bull Run Millionaire Blueprint" now! About Palmer Square Capital BDC Stock (NYSE:PSBD)Palmer Square Capital BDC Inc. is an externally managed, non-diversified closed-end management investment company which primarily lends to and invests in corporate debt securities, including small to large private U.S. companies and has elected to be regulated as a business development company. Palmer Square Capital BDC Inc. is based in MISSION WOODS, Kan.Read More PSBD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PSBD Stock News HeadlinesJuly 5, 2024 | seekingalpha.comPalmer Square Capital: An Overlooked BDC Worth ConsideringJune 20, 2024 | businesswire.comPalmer Square Capital BDC Announces Second Quarter 2024 Supplemental Dividend of $0.05July 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.May 16, 2024 | markets.businessinsider.comPalmer Square Capital BDC Inc. Upgraded to Strong Buy: What Does It Mean for the Stock?May 16, 2024 | investing.comPalmer Square Capital BDC Inc (PSBD)May 14, 2024 | businesswire.comPalmer Square Prices Over $1.8 Billion in CLOs Setting the MarketMay 13, 2024 | msn.comPalmer Square Capital BDC Inc. (NYSE:PSBD) Q1 2024 Earnings Call TranscriptMay 7, 2024 | msn.comPalmer Square Capital BDC Inc. declares $0.42 dividendJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.May 7, 2024 | msn.comPSBD Stock Earnings: Palmer Square Capital BDC Beats EPS, Beats Revenue for Q1 2024May 7, 2024 | msn.comPalmer Square Capital BDC Inc. GAAP EPS of $0.52 misses by $0.02May 7, 2024 | businesswire.comPalmer Square Capital BDC Inc. Announces First Quarter 2024 Financial Results and Declares Second Quarter 2024 Base Dividend Distribution of $0.42 Per ShareApril 30, 2024 | finance.yahoo.comPalmer Square Prices First CLO Issued From its Newly-Public BDC ("PSBD")April 30, 2024 | businesswire.comPalmer Square Prices First CLO Issued From its Newly-Public BDC (“PSBD”)April 8, 2024 | businesswire.comPalmer Square Capital BDC Announces First Quarter 2024 Earnings Release and Conference CallApril 8, 2024 | businesswire.comPalmer Square Capital Launches European CLO IndexMarch 22, 2024 | seekingalpha.comA First Look At Palmer Square Capital's New BDCMarch 20, 2024 | businesswire.comPalmer Square Capital BDC Inc. Announces $0.49 Per Share First Quarter 2024 Dividend and Supplemental Dividend PolicySee More Headlines Receive PSBD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Palmer Square Capital BDC and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Ex-Dividend for 7/16 Dividend6/28/2024Dividend Payable7/16/2024Today7/26/2024Next Earnings (Confirmed)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Short - term business credit Sub-IndustryN/A Current SymbolNYSE:PSBD Previous SymbolNYSE:PSBD CUSIPN/A CIK1794776 Webpalmersquarebdc.com Phone816-994-3200FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$16.93 High Stock Price Target$17.50 Low Stock Price Target$16.50 Potential Upside/Downside+2.3%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$107.84 million Net Margins84.94% Pretax Margin84.94% Return on Equity18.90% Return on Assets7.55% Debt Debt-to-Equity RatioN/A Current Ratio1.65 Quick Ratio1.65 Sales & Book Value Annual Sales$112.22 million Price / Sales4.80 Cash Flow$1.82 per share Price / Cash Flow9.10 Book Value$14.19 per share Price / Book1.17Miscellaneous Outstanding Shares32,570,000Free FloatN/AMarket Cap$539.03 million OptionableN/A BetaN/A 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key CompetitorsEncore Capital GroupNASDAQ:ECPGPRA GroupNASDAQ:PRAAPlumas BancorpNASDAQ:PLBCNicholas FinancialNASDAQ:NICKMill City Ventures IIINASDAQ:MCVTView All CompetitorsInstitutional OwnershipConfluence Investment Management LLCBought 35,240 shares on 7/1/2024Ownership: 0.262%Apollo Management Holdings L.P.Bought 596,281 shares on 5/16/2024Ownership: 1.831%Dorsey & Whitney Trust CO LLCBought 10,452 shares on 5/9/2024Ownership: 0.032%Capstone Investment Advisors LLCBought 63,350 shares on 5/1/2024Ownership: 0.195%View All Institutional Transactions PSBD Stock Analysis - Frequently Asked Questions How have PSBD shares performed this year? Palmer Square Capital BDC's stock was trading at $16.37 at the beginning of 2024. Since then, PSBD stock has increased by 1.1% and is now trading at $16.55. View the best growth stocks for 2024 here. How were Palmer Square Capital BDC's earnings last quarter? Palmer Square Capital BDC Inc. (NYSE:PSBD) announced its quarterly earnings data on Tuesday, May, 7th. The company reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.49 by $0.03. The firm earned $34.79 million during the quarter, compared to the consensus estimate of $30.34 million. Palmer Square Capital BDC had a trailing twelve-month return on equity of 18.90% and a net margin of 84.94%. When did Palmer Square Capital BDC IPO? Palmer Square Capital BDC (PSBD) raised $90 million in an IPO on Thursday, January 18th 2024. The company issued 5,500,000 shares at a price of $16.45 per share. J.P. Morgan, BofA Securities, RBC Capital Markets, UBS Investment Bank and Citigroup served as the underwriters for the IPO and Janney Montgomery Scott, Oppenheimer & Co. and Clear Street were co-managers. Who are Palmer Square Capital BDC's major shareholders? Top institutional investors of Palmer Square Capital BDC include Confluence Investment Management LLC (0.26%). How do I buy shares of Palmer Square Capital BDC? Shares of PSBD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:PSBD) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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