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NYSE:PSBD

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

Palmer Square Capital BDC logo
$12.80 -0.34 (-2.55%)
Closing price 03:58 PM Eastern
Extended Trading
$12.82 +0.02 (+0.12%)
As of 04:05 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Palmer Square Capital BDC Stock (NYSE:PSBD)

Key Stats

Today's Range
$12.64
$13.49
50-Day Range
$12.26
$15.83
52-Week Range
$11.89
$17.02
Volume
26,937 shs
Average Volume
33,965 shs
Market Capitalization
$417.60 million
P/E Ratio
6.67
Dividend Yield
11.25%
Price Target
$16.17
Consensus Rating
Hold

Company Overview

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.

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Palmer Square Capital BDC Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
66th Percentile Overall Score

PSBD MarketRank™: 

Palmer Square Capital BDC scored higher than 66% of companies evaluated by MarketBeat, and ranked 595th out of 951 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Palmer Square Capital BDC has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Palmer Square Capital BDC has only been the subject of 1 research reports in the past 90 days.

  • Read more about Palmer Square Capital BDC's stock forecast and price target.
  • Earnings Growth

    Earnings for Palmer Square Capital BDC are expected to decrease by -6.63% in the coming year, from $1.96 to $1.83 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Palmer Square Capital BDC is 6.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.39.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Palmer Square Capital BDC is 6.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.72.

  • Price to Book Value per Share Ratio

    Palmer Square Capital BDC has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Palmer Square Capital BDC's valuation and earnings.
  • Percentage of Shares Shorted

    0.21% 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 0.9, 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 increased by 24.79%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Palmer Square Capital BDC is a leading dividend payer. It pays a dividend yield of 11.30%, 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 Coverage

    The dividend payout ratio of Palmer Square Capital BDC is 97.30%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Palmer Square Capital BDC will have a dividend payout ratio of 78.69% 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.
  • Percentage of Shares Shorted

    0.21% 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 0.9, 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 increased by 24.79%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Palmer Square Capital BDC has a news sentiment score of 0.27. 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 0.90 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Palmer Square Capital BDC this week, compared to 1 article on an average week.
  • Search Interest

    2 people have searched for PSBD on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • 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 $126,516.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 0.96% of the stock of Palmer Square Capital BDC is held by insiders.

  • Percentage Held by Institutions

    Only 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.
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PSBD Stock News Headlines

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PSBD Stock Analysis - Frequently Asked Questions

Palmer Square Capital BDC's stock was trading at $15.20 at the beginning of the year. Since then, PSBD stock has decreased by 15.7% and is now trading at $12.8150.
View the best growth stocks for 2025 here
.

Palmer Square Capital BDC (PSBD) raised $90 million in an IPO on Thursday, January 18th 2024. The company issued 5,500,000 shares at $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.

Palmer Square Capital BDC's top institutional shareholders include Hennion & Walsh Asset Management Inc. (0.49%), Confluence Investment Management LLC (0.32%) and Atwood & Palmer Inc. (0.10%).
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Palmer Square Capital BDC investors own include ARMOUR Residential REIT (ARR), Bank of Montreal (BMO), MFA Financial (MFA), United Parcel Service (UPS), Adverum Biotechnologies (ADVM), APi Group (APG) and Avino Silver & Gold Mines (ASM).

Company Calendar

Record date for 4/10 Dividend
3/28/2025
Ex-Dividend for 4/10 Dividend
3/28/2025
Dividend Payable
4/10/2025
Today
4/17/2025
Next Earnings (Estimated)
5/07/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
Short - term business credit
Sub-Industry
N/A
Current Symbol
NYSE:PSBD
Previous Symbol
NYSE:PSBD
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.25
High Stock Price Target
$17.50
Low Stock Price Target
$17.00
Potential Upside/Downside
+34.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
6.68
Forward P/E Ratio
6.54
P/E Growth
N/A
Net Income
$107.84 million
Pretax Margin
41.67%

Debt

Sales & Book Value

Annual Sales
$52.31 million
Cash Flow
$1.49 per share
Price / Cash Flow
8.61
Book Value
$14.19 per share
Price / Book
0.90

Miscellaneous

Free Float
32,334,000
Market Cap
$417.92 million
Optionable
N/A
Beta
0.60
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This page (NYSE:PSBD) was last updated on 4/17/2025 by MarketBeat.com Staff
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