Palmer Square Capital BDC (PSBD) Projected to Announce 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 the company to post earnings of $0.43 per share and revenue of $25.97 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 1:00 PM ET.

Palmer Square Capital BDC Stock Up 2.3%

NYSE:PSBD opened at $9.76 on Tuesday. Palmer Square Capital BDC has a 52 week low of $9.34 and a 52 week high of $14.43. The company has a fifty day simple moving average of $10.39 and a two-hundred day simple moving average of $10.74. The company has a market cap of $303.58 million, a price-to-earnings ratio of -9.38 and a beta of 0.85.

Palmer Square Capital BDC Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, July 13th. Investors of record on Friday, June 26th were issued a $0.36 dividend. The ex-dividend date was Friday, June 26th. This represents a $1.44 dividend on an annualized basis and a yield of 14.8%. Palmer Square Capital BDC’s dividend payout ratio (DPR) is -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 Investors Weigh In On Palmer Square Capital BDC

Several institutional investors have recently added to or reduced their stakes in PSBD. XTX Topco Ltd acquired a new position in Palmer Square Capital BDC in the fourth quarter valued at approximately $351,000. Rivernorth Capital Management LLC purchased a new stake in shares of Palmer Square Capital BDC during the 4th quarter worth approximately $7,077,000. Trexquant Investment LP lifted its position in shares of Palmer Square Capital BDC by 17.6% during the 4th quarter. Trexquant Investment LP now owns 50,118 shares of the company’s stock worth $611,000 after buying an additional 7,496 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of Palmer Square Capital BDC by 187.3% in the 4th quarter. Jane Street Group LLC now owns 39,531 shares of the company’s stock valued at $482,000 after buying an additional 25,771 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in shares of Palmer Square Capital BDC by 18.8% in the 4th quarter. Renaissance Technologies LLC now owns 183,000 shares of the company’s stock valued at $2,231,000 after buying an additional 28,900 shares in the last quarter. Hedge funds and other institutional investors own 6.52% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PSBD. UBS Group cut their price target on Palmer Square Capital BDC from $11.50 to $11.00 and set a “neutral” rating on the stock in a report on Monday, April 20th. Zacks Research lowered shares of Palmer Square Capital BDC from a “hold” rating to a “strong sell” rating in a research note on Friday, May 22nd. Royal Bank Of Canada reduced their target price on shares of Palmer Square Capital BDC from $12.00 to $11.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 27th. Wells Fargo & Company set a $11.50 price target on shares of Palmer Square Capital BDC in a research note on Wednesday, June 24th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Palmer Square Capital BDC from $10.00 to $9.50 and set a “neutral” rating for the company in a report on Thursday, July 2nd. Four research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Palmer Square Capital BDC currently has an average rating of “Reduce” and an average price target of $10.75.

About Palmer Square Capital BDC

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.