Palmer Square Capital BDC (NYSE:PSBD) Posts Earnings Results, Misses Expectations By $0.01 EPS

28 Feb 2026, 01:26 by Kim Johansen · The Markets Daily

Palmer Square Capital BDC (NYSE:PSBD – Get Free Report) released its earnings results on Thursday. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.01), Zacks reports. Palmer Square Capital BDC had a net margin of 10.85% and a return on equity of 10.77%. The firm had revenue of ($0.31) million during the quarter, compared to analyst estimates of $30.11 million.

Palmer Square Capital BDC Price Performance

NYSE:PSBD traded down $0.21 during trading hours on Friday, reaching $10.44. The company had a trading volume of 130,340 shares, compared to its average volume of 83,560. Palmer Square Capital BDC has a 1-year low of $10.10 and a 1-year high of $15.64. The business’s 50 day moving average price is $11.70 and its 200-day moving average price is $12.40. The firm has a market cap of $328.64 million, a PE ratio of 24.28 and a beta of 0.68.

Palmer Square Capital BDC Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Friday, March 27th will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 13.8%. The ex-dividend date is Friday, March 27th. Palmer Square Capital BDC’s dividend payout ratio (DPR) is currently 334.88%.

Hedge Funds Weigh In On Palmer Square Capital BDC

Large investors have recently made changes to their positions in the company. XTX Topco Ltd purchased a new stake in shares of Palmer Square Capital BDC during the fourth quarter worth about $351,000. Rivernorth Capital Management LLC acquired a new stake in Palmer Square Capital BDC in the 4th quarter worth about $7,077,000. Trexquant Investment LP increased its stake in 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 in the last quarter. Jane Street Group LLC raised its holdings in shares of Palmer Square Capital BDC by 187.3% during the fourth quarter. Jane Street Group LLC now owns 39,531 shares of the company’s stock valued at $482,000 after acquiring an additional 25,771 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in shares of Palmer Square Capital BDC by 18.8% in the fourth quarter. Renaissance Technologies LLC now owns 183,000 shares of the company’s stock valued at $2,231,000 after acquiring an additional 28,900 shares in the last quarter. 6.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PSBD has been the topic of a number of research reports. Royal Bank Of Canada lowered Palmer Square Capital BDC from a “moderate buy” rating to a “hold” rating in a report on Wednesday, November 26th. UBS Group reduced their price target on shares of Palmer Square Capital BDC from $13.50 to $13.00 and set a “neutral” rating for the company in a research report on Wednesday, November 19th. Four investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $13.00.

Read Our Latest Stock Analysis on PSBD

About Palmer Square Capital BDC

(Get Free Report)

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.