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

Palmer Square Capital BDC (NYSE:PSBD) is expected to announce its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $25.97 million for the quarter. Parties can check 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 1.4%

PSBD traded up $0.14 on Wednesday, hitting $9.99. The company’s stock had a trading volume of 32,314 shares, compared to its average volume of 113,308. Palmer Square Capital BDC has a 12 month low of $9.34 and a 12 month high of $14.43. The firm has a market cap of $310.92 million, a P/E ratio of -9.66 and a beta of 0.81. The company’s 50 day simple moving average is $10.48 and its 200-day simple moving average is $10.80.

Palmer Square Capital BDC Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 13th. Stockholders of record on Friday, June 26th were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 14.4%. The ex-dividend date of this dividend was Friday, June 26th. Palmer Square Capital BDC’s dividend payout ratio (DPR) is presently -138.46%.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Royal Bank Of Canada decreased their price objective on Palmer Square Capital BDC from $12.00 to $11.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 27th. Wells Fargo & Company set a $11.50 target price on Palmer Square Capital BDC in a research note on Wednesday, June 24th. Zacks Research lowered Palmer Square Capital BDC from a “hold” rating to a “strong sell” rating in a report on Friday, May 22nd. Wall Street Zen cut Palmer Square Capital BDC from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Noble Financial began coverage on shares of Palmer Square Capital BDC in a report on Wednesday, June 24th. They issued a “neutral” rating on the stock. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $10.75.

Insider Activity at Palmer Square Capital BDC

In other news, major shareholder Martin C. Bicknell purchased 40,000 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were purchased at an average price of $10.56 per share, with a total value of $422,400.00. Following the completion of the acquisition, the insider owned 351,988 shares in the company, valued at $3,716,993.28. This trade represents a 12.82% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. In the last ninety days, insiders have acquired 108,472 shares of company stock worth $1,155,558. 1.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Palmer Square Capital BDC

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rivernorth Capital Management LLC bought a new stake in shares of Palmer Square Capital BDC during the 4th quarter valued at about $7,077,000. Bank of America Corp DE lifted its position in Palmer Square Capital BDC by 22.1% during the third quarter. Bank of America Corp DE now owns 367,035 shares of the company’s stock valued at $4,504,000 after purchasing an additional 66,460 shares during the last quarter. Renaissance Technologies LLC lifted its position in Palmer Square Capital BDC by 18.8% during the fourth quarter. Renaissance Technologies LLC now owns 183,000 shares of the company’s stock valued at $2,231,000 after purchasing an additional 28,900 shares during the last quarter. Millennium Management LLC grew its stake in Palmer Square Capital BDC by 2.0% in the 3rd quarter. Millennium Management LLC now owns 134,249 shares of the company’s stock worth $1,647,000 after buying an additional 2,638 shares in the last quarter. Finally, Two Sigma Investments LP grew its stake in Palmer Square Capital BDC by 142.9% in the 3rd 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 in the last quarter. 6.52% of the stock is currently owned by hedge funds and other institutional investors.

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.