Palmer Square Capital BDC Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 10/28 in the Collective Investments industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 13.08.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Palmer Square Capital BDC Inc's Score
Industry at a Glance
Industry Ranking
10 / 28
Overall Ranking
175 / 4585
Industry
Collective Investments
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Hold
Current Rating
13.083
Target Price
+6.54%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Palmer Square Capital BDC Inc Highlights
StrengthsRisks
Palmer Square Capital BDC Inc. is an externally managed, non-diversified closed-end management investment company. The Company primarily lends to and invests in corporate debt securities, including small to large private United States companies. The Company’s investment objective is to maximize total return, comprised of current income and capital appreciation. Its investment focuses on investing in corporate debt loans and, to a lesser extent, investing in other debt securities which may include collateralized loan obligation debt and equity. The Company has four wholly owned subsidiaries: Palmer Square BDC Funding II LLC and Palmer Square BDC Funding I, LLC. The Company’s investment advisor is Palmer Square BDC Advisor LLC.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 130.58%.
Undervalued
The company’s latest PB is 0.79, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 22.22M shares, decreasing 3.33% quarter-over-quarter.
Palmer Square Capital BDC Inc. is an externally managed, non-diversified closed-end management investment company. The Company primarily lends to and invests in corporate debt securities, including small to large private United States companies. The Company’s investment objective is to maximize total return, comprised of current income and capital appreciation. Its investment focuses on investing in corporate debt loans and, to a lesser extent, investing in other debt securities which may include collateralized loan obligation debt and equity. The Company has four wholly owned subsidiaries: Palmer Square BDC Funding II LLC and Palmer Square BDC Funding I, LLC. The Company’s investment advisor is Palmer Square BDC Advisor LLC.
Ticker SymbolPSBD
CompanyPalmer Square Capital BDC Inc
CEOLong (Christopher D)
Websitehttps://palmersquarebdc.com/
FAQs
What is the current price of Palmer Square Capital BDC Inc (PSBD)?
The current price of Palmer Square Capital BDC Inc (PSBD) is 11.940.
What is the symbol of Palmer Square Capital BDC Inc?
The ticker symbol of Palmer Square Capital BDC Inc is PSBD.
What is the 52-week high of Palmer Square Capital BDC Inc?
The 52-week high of Palmer Square Capital BDC Inc is 16.160.
What is the 52-week low of Palmer Square Capital BDC Inc?
The 52-week low of Palmer Square Capital BDC Inc is 11.512.
What is the market capitalization of Palmer Square Capital BDC Inc?
The market capitalization of Palmer Square Capital BDC Inc is 380.60M.
What is the net income of Palmer Square Capital BDC Inc?
The net income of Palmer Square Capital BDC Inc is 47.67M.
Is Palmer Square Capital BDC Inc (PSBD) currently rated as Buy, Hold, or Sell?
According to analysts, Palmer Square Capital BDC Inc (PSBD) has an overall rating of Hold, with a price target of 13.083.
What is the Earnings Per Share (EPS TTM) of Palmer Square Capital BDC Inc (PSBD)?
The Earnings Per Share (EPS TTM) of Palmer Square Capital BDC Inc (PSBD) is 0.431.