NYSE:PSBD Palmer Square Capital BDC (PSBD) Stock Price, News & Analysis $16.25 +0.26 (+1.63%) (As of 10/11/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends About Palmer Square Capital BDC Stock (NYSE:PSBD) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get PSBD alerts:Sign Up Key Stats Today's Range$16.09▼$16.3050-Day Range$15.71▼$16.4452-Week Range$15.27▼$17.12Volume27,564 shsAverage Volume48,179 shsMarket Capitalization$530.08 millionP/E RatioN/ADividend Yield10.34%Price Target$16.93Consensus RatingModerate Buy Company OverviewPalmer 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… Elon knows the truth, which is why they want him silenced (Ad)Elon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump. Watch this new documentary and you’ll discover what Elon knows, Palmer Square Capital BDC Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks14th Percentile Overall ScorePSBD MarketRank™: Palmer Square Capital BDC scored higher than 14% of companies evaluated by MarketBeat, and ranked 926th out of 953 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.3 / 5Analyst RatingModerate Buy 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 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 and Valuation0.0 / 5Proj. Earnings Growth-5.58% Earnings GrowthEarnings for Palmer Square Capital BDC are expected to decrease by -5.58% in the coming year, from $1.97 to $1.86 per share.Price to Book Value per Share RatioPalmer Square Capital BDC has a P/B Ratio of 1.15. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.31% 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 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Palmer Square Capital BDC has recently increased by 225.50%, indicating that investor sentiment is decreasing significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipPalmer Square Capital BDC is a leading dividend payer. It pays a dividend yield of 10.53%, 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. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted0.31% 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 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Palmer Square Capital BDC has recently increased by 225.50%, indicating that investor sentiment is decreasing significantly. News and Social Media2.5 / 5News Sentiment0.47 News SentimentPalmer Square Capital BDC has a news sentiment score of 0.47. 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 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Palmer Square Capital BDC this week, compared to 1 article on an average week.Search Interest2 people have searched for PSBD on MarketBeat in the last 30 days. Company Ownership0.0 / 5Insider TradingN/A 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. 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 PSBD Stock News HeadlinesPalmer Square Capital BDC Inc (PSBD) Q2 2024 Earnings Call Highlights: Strong Income Growth ...October 9 at 6:50 PM | finance.yahoo.comPalmer Square Capital BDC Announces Third Quarter 2024 Earnings Release and Conference CallOctober 8, 2024 | businesswire.comElon knows the truth, which is why they want him silencedElon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump. October 12, 2024 | Porter & Company (Ad)Palmer Square Capital BDC Inc. (NYSE:PSBD) Receives $16.93 Consensus Price Target from BrokeragesOctober 5, 2024 | americanbankingnews.comFED positioning is appropriate so far, says Palmer Square's CEOOctober 1, 2024 | msn.comPalmer Square Capital BDC Announces Third Quarter 2024 Supplemental Dividend of $0.05September 23, 2024 | finance.yahoo.comPalmer Square Capital Management Launches New Multi-Asset and CLO Credit ETFsSeptember 11, 2024 | prnewswire.comPalmer Square Capital: New BDC With Already Attractive Investment CaseSeptember 5, 2024 | seekingalpha.comSee More Headlines PSBD Stock Analysis - Frequently Asked Questions How have PSBD shares performed this year? Palmer Square Capital BDC's stock was trading at $16.37 on January 1st, 2024. Since then, PSBD shares have decreased by 0.7% and is now trading at $16.25. 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 results on Thursday, August, 8th. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.51 by $0.03. The company had revenue of $36.55 million for the quarter, compared to analyst estimates of $36.27 million. Palmer Square Capital BDC had a net margin of 64.65% and a trailing twelve-month return on equity of 16.13%. When did Palmer Square Capital BDC IPO? Palmer Square Capital BDC (PSBD) raised $90 million in an initial public offering 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. 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. What other stocks do shareholders of Palmer Square Capital BDC own? 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 Ex-Dividend for 7/16 Dividend6/28/2024Dividend Payable7/16/2024Last Earnings8/08/2024Ex-Dividend for 10/14 Dividend9/27/2024Today10/12/2024Dividend Payable10/14/2024Next Earnings (Confirmed)11/05/2024Fiscal 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+4.2%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 Margins64.65% Pretax Margin64.65% Return on Equity16.13% Return on Assets6.36% Debt Debt-to-Equity RatioN/A Current Ratio1.60 Quick Ratio1.60 Sales & Book Value Annual Sales$112.22 million Price / Sales4.72 Cash Flow$1.84 per share Price / Cash Flow8.81 Book Value$14.19 per share Price / Book1.15Miscellaneous Outstanding Shares32,620,000Free FloatN/AMarket Cap$530.08 million OptionableN/A BetaN/A 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. 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