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Palmer Square Capital BDC Inc. (PSBD) stock

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NYSE: PSBD NYSE Asset Management & Custody Banks Next results ~November 4, 2026

Palmer Square Capital BDC Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$14

Forward price-to-earnings vs peers

Base case. Range ~$12–$18. Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings.

Price vs value

No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Palmer Square Capital BDC Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 1 selling7 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
  • Funds23 adding, 18 cuttingOf 6 active managers that changed their stake, 2 added; quarter to June 30, 2026Fund buyers and sellers

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 8.2% over 90 days.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results

Earnings per share
$0.39 against an average estimate of $0.36: beat by 7.7%
Share reaction
+5.5% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Next report
November 4, 2026; average EPS estimate $0.38

Palmer Square Capital BDC's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.4%
  • 1 week+3.3%
  • 1 month+3.1%
  • This year-7.8%
  • 1 year-5.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Earnings

Last results
August 5, 2026
Next results (est.)
November 4, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Announcement
  3. Announcement
  4. Announcement
  5. Leadership
  6. Results
  7. Agreement
  8. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Palmer Square Capital BDC Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Valuation models

We value Palmer Square Capital BDC Inc. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 8%: the 10-year Treasury yield (4.9%) plus a beta of 0.69 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$14 ~$12–$18 Primary model, counts double
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: no twelve-month earnings or share count in the filings yet
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: no twelve-month earnings or share count in the filings yet
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. — Does not apply: no twelve-month earnings or share count in the filings yet
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. — Does not apply: no twelve-month earnings or share count in the filings yet
Combined value Weighted average of the models that apply: the primary model (forward price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$14 ~$12–$18 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Palmer Square Capital BDC Inc. with asset managers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, before the open. Analysts expect revenue of $26m and EPS of $0.38 (range $0.37 to $0.40) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.50 −9% $106m −15%
Next $1.54 +2% $104m −2%

Next year's EPS estimate has moved +8.2% in 90 days, across 6 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +5.1% on 90 days ago. In the last 30 days, 5 analysts raised Palmer Square Capital BDC Inc.'s forecast and 0 cut it.

Consensus EPS forecast Palmer Square Capital BDC Inc., last 90 days
$1.40 $1.45 $1.50 $1.55 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.43 Current fiscal year, 60 days ago: $1.51 Current fiscal year, 30 days ago: $1.50 Current fiscal year, 7 days ago: $1.50 Current fiscal year, Now: $1.50 $1.50 Next fiscal year, 90 days ago: $1.42 Next fiscal year, 60 days ago: $1.51 Next fiscal year, 30 days ago: $1.53 Next fiscal year, 7 days ago: $1.53 Next fiscal year, Now: $1.54 $1.54

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.43$1.42
60 days ago $1.51$1.51
30 days ago $1.50$1.53
7 days ago $1.50$1.53
Now $1.50$1.54

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.36 $0.39 +7.7%
Mar 2026 $0.38 $0.35 −9.0%
Dec 2025 $0.42 $0.41 −2.5%
Sept 2025 $0.41 $0.43 +4.5%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

6 analysts, Oct 2026
Buy00%
Hold6100%
Sell00%

Monthly trend

  1. Oct 202666
  2. Sep 202666
  3. Aug 202666
  4. Jul 202666

Counts of recommendations published by analysts covering Palmer Square Capital BDC Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
2.2%
of tradable shares
Days to cover
3.7
at average volume
Short interest, 1 month
+13%
to October 15, 2026
Held by institutions
57%
of shares
Held by insiders
14.0%
of shares

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 20252026 to date
Return
PSBD−9%−8%
Industry peers (median)−4%−6%
S&P 500+18%+11%
Months that ended higher
PSBD58%36%
S&P 50075%46%
Largest fall from a high during the year
PSBD−22%−19%
S&P 500−19%−9%

Worst fall since January 18, 2024: 29% from February 7, 2025 to March 30, 2026. Getting back needed a 41% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$8.98 – $11.04
From 52-week high
−8.8%
vs 50-day average
+2.4%
vs 200-day average
+2.0%
Volatility (1 year)
21%
Beta vs S&P 500
0.39

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 4 down
typical move ±2.1%
After a week
7 up, 3 down
typical move ±1.7%
After a month
4 up, 6 down
typical move ±3.9%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 +5.5% −0.4% +4.8% +4.5%
May 7, 2026 +2.2% +0.5% +0.8% −1.1%
February 26, 2026 −5.6% −1.0% +0.7% −7.2%
November 5, 2025 +0.1% −0.7% −0.4% +1.2%
August 6, 2025 −1.6% +0.7% −0.6% −1.6%
May 7, 2025 −5.1% +1.1% +6.1% +9.2%
February 28, 2025 +0.6% −0.2% −2.1% −11.2%
November 5, 2024 +0.1% +3.7% +0.1% −1.6%
August 9, 2024 +0.1% +0.5% +0.4% +0.9%
May 7, 2024 −0.4% +0.1% +1.0% −0.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms . Generated November 3, 2026. Definitions in our methodology.

Who owns it

Funds buying and selling
Reported value
$166M
Institutions reporting
42
Shares held vs prior quarter
▼ 3.7%
Positions opened / closed
7 / 10

Top buyers and sellers, Q2 2026: 23 institutions bought and 18 sold ; the biggest buyer was 1248 Management, LLC (+232K shares) and the biggest seller Rivernorth Capital Management, LLC (−835K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Ov Management LLC $38.9M 3.7M 23.4% 0.0%
1248 Management, LLC $34.4M 3.2M 20.7% ▲ 7.9%
Mariner, LLC $32.9M 3.2M 19.8% ▲ 2.6%
First Trust Capital Management L.P. $13.4M 1.3M 8.1% 0.0%
Pandi, LLC $9.5M 912K 5.7% 0.0%
Bank Of America Corp $7M 670K 4.2% ▲ 16.1%
Arlington Partners LLC $5.3M 510K 3.2% 0.0%
Bienville Capital Management, LLC $4.6M 425K 2.8% ▼ 19.0%
Sunesis Advisors, LLC $3.1M 299K 1.9% 0.0%
Hennion & Walsh Asset Management, Inc. $2.1M 198K 1.2% ▼ 7.4%
Two Sigma Investments, LP $1.9M 187K 1.2% ▼ 40.0%
Opal Wealth Advisors, LLC $1.7M 159K 1.0% ▲ 29.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Palmer Square Capital BDC Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $2M 7 trades by 1 insider, last 12 months Insider sales History → $359,100 1 trade by 1 insider · 0% under pre-set plans
Net ▲ $1.6M net buying
Insider Date Trade Shares Price Value
Bicknell Martin C 10% owner July 7, 2026 Buy 21,484 $10.47 $224,937
Bicknell Martin C 10% owner July 6, 2026 Buy 40,000 $10.56 $422,400
Bicknell Martin C 10% owner July 2, 2026 Buy 40,000 $10.55 $422,000
Bicknell Martin C 10% owner July 1, 2026 Buy 40,000 $10.57 $422,800
Bicknell Martin C 10% owner June 8, 2026 Buy 1,988 $10.80 $21,470
Bicknell Martin C 10% owner June 5, 2026 Buy 30,000 $10.79 $323,700
Bicknell Martin C 10% owner May 29, 2026 Buy 15,000 $10.87 $163,050
Alaris Capital, Llc 10% owner November 6, 2025 Sell 30,000 $11.97 $359,100

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 7, 2026
  • February 26, 2026
  • November 5, 2025
  • August 6, 2025
  • May 7, 2025

Recent SEC filings

Data status

When each part of this page on Palmer Square Capital BDC Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Palmer Square Capital BDC Inc. in brief

What does Palmer Square Capital BDC Inc. do?
Palmer Square Capital BDC Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
What is Palmer Square Capital BDC Inc.'s stock ticker?
Palmer Square Capital BDC Inc. trades under the ticker PSBD on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
Who are Palmer Square Capital BDC Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Ov Management LLC, 1248 Management, LLC and Mariner, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Are insiders buying or selling Palmer Square Capital BDC Inc. stock?
Over the last 12 months, Palmer Square Capital BDC Inc.'s directors and officers reported 7 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
When is Palmer Square Capital BDC Inc.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Palmer Square Capital BDC Inc. announces its own schedule.