Palmer Square Capital BDC (PSBD) Projected to Release Earnings on Wednesday

Palmer Square Capital BDC (NYSE:PSBD) will likely be posting its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect Palmer Square Capital BDC to announce earnings of $0.43 per share and revenue of $25.97 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 1:00 PM ET.

Palmer Square Capital BDC Price Performance

NYSE PSBD opened at $9.57 on Monday. Palmer Square Capital BDC has a 1 year low of $9.34 and a 1 year high of $14.43. The company has a market cap of $297.83 million, a price-to-earnings ratio of -9.20 and a beta of 0.81. The stock’s fifty day moving average price is $10.41 and its 200 day moving average price is $10.75.

Palmer Square Capital BDC Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 13th. Shareholders of record on Friday, June 26th were given a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 15.0%. The ex-dividend date was Friday, June 26th. Palmer Square Capital BDC’s dividend payout ratio is currently -138.46%.

Insider Transactions at Palmer Square Capital BDC

In other Palmer Square Capital BDC news, major shareholder Martin C. Bicknell acquired 21,484 shares of the stock in a transaction dated Tuesday, July 7th. The stock was acquired at an average cost of $10.47 per share, with a total value of $224,937.48. Following the transaction, the insider owned 373,472 shares in the company, valued at $3,910,251.84. The trade was a 6.10% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders bought 108,472 shares of company stock worth $1,155,558. 1.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Jane Street Group LLC purchased a new stake in Palmer Square Capital BDC in the first quarter valued at $360,000. Bank of America Corp DE boosted its position in shares of Palmer Square Capital BDC by 5.0% in the 2nd quarter. Bank of America Corp DE now owns 300,575 shares of the company’s stock valued at $4,196,000 after purchasing an additional 14,220 shares during the period. Two Sigma Investments LP increased its position in Palmer Square Capital BDC by 142.9% during the third quarter. Two Sigma Investments LP now owns 131,545 shares of the company’s stock worth $1,614,000 after buying an additional 77,393 shares during the period. Citadel Advisors LLC purchased a new stake in Palmer Square Capital BDC in the third quarter valued at approximately $230,000. Finally, Millennium Management LLC boosted its stake in Palmer Square Capital BDC by 2.0% during the 3rd quarter. Millennium Management LLC now owns 134,249 shares of the company’s stock worth $1,647,000 after purchasing an additional 2,638 shares during the period. 6.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on PSBD. Noble Financial started coverage on shares of Palmer Square Capital BDC in a research note on Wednesday, June 24th. They issued a “neutral” rating for the company. JPMorgan Chase & Co. cut their price target on Palmer Square Capital BDC from $10.00 to $9.50 and set a “neutral” rating for the company in a research note on Thursday, July 2nd. UBS Group reduced their price target on shares of Palmer Square Capital BDC from $11.50 to $11.00 and set a “neutral” rating for the company in a research report on Monday, April 20th. Wells Fargo & Company set a $11.50 price target on Palmer Square Capital BDC in a research report on Wednesday, June 24th. Finally, Zacks Research cut shares of Palmer Square Capital BDC from a “hold” rating to a “strong sell” rating in a research report on Friday, May 22nd. Four investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $10.75.

Palmer Square Capital BDC Company Profile

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.