Palmer Square Capital BDC (PSBD) Stock Price, News & Analysis

Company Overview

Palmer Square Capital BDC Inc. (NYSE: PSBD) is a closed-end, externally managed business development company that provides customized financing solutions to middle-market companies in the United States. The firm offers a broad range of debt and equity products—including first-lien and second-lien senior secured loans, unitranche financings, mezzanine debt and equity co-investments—to support corporate acquisitions, refinancings, growth initiatives and balance sheet restructurings.

PSBD primarily targets established privately owned and sponsored businesses across diverse industries such as healthcare, business services, industrials and consumer products. By tailoring its capital structures to meet specific client needs, the company seeks to deliver attractive risk-adjusted returns through current income and potential capital appreciation while also providing sponsors and management teams with flexible long-term capital.

Since commencing operations in mid-2021, Palmer Square Capital BDC has built a diversified portfolio of direct lending and specialty finance investments. Its disciplined underwriting process emphasizes rigorous credit analysis, active portfolio monitoring and collaboration with management teams to drive operational improvements and support strategic growth objectives.

The firm’s external manager, Palmer Square Capital Management, draws on a team of credit professionals with deep experience in middle-market lending. Headquartered in New York City, PSBD leverages the broader firm’s resources and market relationships to originate, structure and manage bespoke financing transactions for businesses across North America.

Key Stats

• Today's Range: $10.39 to $10.56
• 50-Day Range: $9.46 to $10.84
• 52-Week Range: $9.34 to $14.43
• Volume: 230,121 shs
• Average Volume: 106,705 shs
• Market Capitalization: $320.45 million
• P/E Ratio: N/A
• Dividend Yield: 13.77%
• Price Target: $10.75
• Consensus Rating: Reduce

Palmer Square Capital BDC Stock Analysis - MarketRank™

Palmer Square Capital BDC scored higher than 59% of companies evaluated by MarketBeat, and ranked 524th out of 843 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Palmer Square Capital BDC has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no strong buy ratings, no buy ratings, 4 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for Palmer Square Capital BDC is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Palmer Square Capital BDC has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -0.71%

Earnings Growth

Earnings for Palmer Square Capital BDC are expected to decrease by -0.71% in the coming year, from $1.41 to $1.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Palmer Square Capital BDC is -10.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Palmer Square Capital BDC is -10.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Palmer Square Capital BDC has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.21% of the float of Palmer Square Capital BDC has been sold short.

Short Interest Ratio / Days to Cover

Palmer Square Capital BDC has a short interest ratio ("days to cover") of 1.37, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Palmer Square Capital BDC has recently decreased by 10.41%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Palmer Square Capital BDC is a leading dividend payer. It pays a dividend yield of 13.77%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Palmer Square Capital BDC does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, Palmer Square Capital BDC will have a dividend payout ratio of 102.86% in the coming year. This indicates that Palmer Square Capital BDC may not be able to sustain their current dividend.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.13

News Sentiment

Palmer Square Capital BDC has a news sentiment score of 0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.75 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Palmer Square Capital BDC this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for PSBD on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

1 people have added Palmer Square Capital BDC to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.0 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net $1,155,558.00 in company stock, which represents 0.3606% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Palmer Square Capital BDC insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,155,558.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

1.10% of the stock of Palmer Square Capital BDC is held by insiders.

Percentage Held by Institutions

6.52% of the stock of Palmer Square Capital BDC is held by institutions.

Company Calendar

• Record date for 7/13 Dividend: 6/26/2026
• Ex-Dividend for 7/13 Dividend: 6/26/2026
• Dividend Payable: 7/13/2026
• Last Earnings: 8/05/2026
• Today: 8/08/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Capital Markets
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: NYSE:PSBD
• Previous Symbol: NYSE:PSBD
• CIK: 1794776
• Web: palmersquarebdc.com
• Phone: 816-994-3200
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Palmer Square Capital BDC: $10.75
• High Price Target: $11.50
• Low Price Target: $9.50
• Potential Upside/Downside: +2.8%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 7.41
• P/E Growth: N/A
• Net Income: -$3.17 million
• Net Margins: -26.73%
• Pretax Margin: -26.82%
• Return on Equity: 10.91%
• Return on Assets: 4.07%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.55
• Quick Ratio: 1.55

Sales & Book Value

• Annual Sales: $124.39 million
• Price / Sales: 2.58
• Cash Flow: $1.75 per share
• Price / Cash Flow: 5.97
• Book Value: $14.74 per share
• Price / Book: 0.71

Miscellaneous

• Outstanding Shares: 30,650,000
• Free Float: 30,779,000
• Market Cap: $320.45 million
• Optionable: N/A
• Beta: 0.84