Stocks · Financial Services · Asset Management
Palmer Square Capital BDC Inc. PSBD
$9.77 -1.01% Close, Oct 2, 2026 · NYSE · Market cap $304.1M
Weak trendHigh risk
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $-0.99, down 276.8% year over year.
- Operating margin narrowed to -14.8% from 23.3% a year earlier.
- Net debt is 1597.2× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 6%
- EPS growth (TTM, YoY)Bottom 4%
- FCF growth (TTM, YoY)Top 1%
- Revenue growth accelerationTop 19%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 31%
- Gross marginBottom 23%
- Operating marginBottom 7%
- Accruals (lower is better)Top 17%
- Net debt / EBITDA (lower is better)Bottom 1%
- Interest coverBottom 10%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 7%
- Free-cash-flow yieldTop 1%
- EBITDA / enterprise valueBottom 25%
- Sales / enterprise valueBottom 1%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 13%
- 6-month returnBottom 20%
- 1-year return vs S&P 500Bottom 15%
- Distance from 52-week highBottom 19%
- Trend checklist (0–4)Bottom 9%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 6%
- Consecutive EPS beatsBottom 17%
- Share of analysts rating BuyBottom 3%
- Upside to consensus price targetBottom 40%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 45%
- Maximum drawdown, 3 yearsBottom 21%
- Beta vs S&P 500 (lower is better)Top 46%
- Net debt / EBITDA (lower is better)Bottom 1%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -22.8% | -18.2% | ↑ |
| EPS growth (YoY) | -308.0% | -276.8% | ↑ |
| Gross margin | 29.4% | 50.8% | ↑ |
| Operating margin | 23.3% | -14.8% | ↓ |
| FCF margin | 73.9% | 78467.7% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -18.2% | -22.8% | ↑ | Bottom 6% |
| EPS growth (TTM, YoY) | -276.8% | -308.0% | ↑ | Bottom 4% |
| Gross margin | 50.8% | 29.4% | ↑ | Bottom 23% |
| Operating margin | -14.8% | 23.3% | ↓ | Bottom 7% |
| Net margin | -47.9% | 23.3% | ↓ | — |
| Free-cash-flow margin | 78467.7% | 73.9% | ↑ | — |
| Return on invested capital | -0.0% | — | Bottom 31% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -4.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +85613.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1597.17×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -0.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 8221.43%
- Net buyback yield (TTM)
- 1870.23%
- Shareholder yield
- 10091.66%
- Share count change, 1 year
- -4.2%
- Share count change, 3-year CAGR
- +6.8%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- +40.6%
- Average 2-day reaction, last 8
- -1.0%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $11.00
- Target vs current price
- +12.6%
- Analysts with a rating
- 4
- Share rating Buy or Strong Buy
- 0%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | -37.8% | +0.6% | +5.4% | +4.1% | — |
| May 6, 2026 | +197.5% | -3.6% | -3.9% | -4.3% | -14.4% |
| Feb 26, 2026 | -2.4% | -3.4% | +1.3% | -4.5% | -1.8% |
| Nov 5, 2025 | +4.9% | +0.7% | +0.2% | +1.2% | -2.2% |
| Aug 6, 2025 | +4.9% | +0.6% | +0.1% | -1.5% | -12.7% |
| May 7, 2025 | -9.1% | -4.0% | +4.6% | +9.4% | +8.2% |
| Feb 27, 2025 | -2.1% | +0.9% | +0.3% | -5.3% | -9.5% |
| Nov 5, 2024 | +0.0% | +0.2% | -1.4% | -0.5% | -1.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | $0.27 | $0.43 | -37.8% | $27.3M |
| May 6, 2026 | $1.19 | $0.40 | +197.5% | $26.2M |
| Feb 26, 2026 | $0.41 | $0.42 | -2.4% | $29.8M |
| Nov 5, 2025 | $0.43 | $0.41 | +4.9% | $17.2M |
| Aug 6, 2025 | $0.43 | $0.41 | +4.9% | $25.9M |
| May 7, 2025 | $0.40 | $0.44 | -9.1% | $31.2M |
| Feb 27, 2025 | $0.46 | $0.47 | -2.1% | $35.4M |
| Nov 5, 2024 | $0.48 | $0.48 | +0.0% | $30.2M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / EBITDA | 1597.9× | — | — | Bottom 25% |
| EV / Sales | 10821.22× | — | — | Bottom 1% |
| Free-cash-flow yield | 16559.44% | — | — | Top 1% |
| Earnings yield | -10.13% | — | — | Bottom 7% |
P/E over the past five years
Range 4.0× – 50.6× since Dec 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -19.8%
- Earnings per share growth (TTM)
- -276.8%
- Change in P/E multiple
- +207.1%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -0.2%
- 200-day average slope (20 days)
- -1.8%
- Distance from 50-day average
- -3.9%
- Distance from 200-day average
- -9.1%
- RSI (14)
- 35.4
- Relative volume
- 0.71×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 21.7%
- Volatility vs own 5-year history
- 64th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.66
- Correlation with S&P 500
- 0.47
- Current drawdown from 1-year high
- -24.6%
- Maximum drawdown, 3 years
- -43.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 23, 2024 | Jul 23, 2026 | -43.9% | 563 days | Not yet recovered |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $304.1M
- EPS, diluted (TTM)
- -$0.99
- Revenue (TTM)
- $64.2M
- Dividend yield
- 16.07%
- 52-week range
- $9.34 – $13.11
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $29.5M | -$49.4M | $153.7M | $110.3M | $111.2M |
| Gross profit | $20.9M | -$72.8M | $109.2M | $52.3M | $94.7M |
| Operating income | $19.1M | -$74.5M | $107.8M | $47.7M | $46.9M |
| Net income | $19.1M | -$74.5M | $107.8M | $47.7M | -$3.2M |
| EPS (diluted) | $0.59 | -$3.22 | $3.31 | $1.46 | -$0.10 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $24.5M | $27.4M | $5.7M | $20.8M | $17.2M | $7.5M | $15.5M | $24.0M |
| Net income | $7.6M | $11.9M | -$8.4M | $7.2M | $3.4M | -$5.3M | -$37.2M | $8.5M |
| EPS (diluted) | $0.23 | $0.37 | -$0.26 | $0.22 | $0.10 | -$0.17 | -$1.19 | $0.27 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$438.0M | -$39.2M | $57.1M | $106.7M | $160.7M |
| Capital expenditure | $0 | $2 | $0 | $1 | $0 |
| Free cash flow | -$438.0M | -$39.2M | $57.1M | $106.7M | $160.7M |
| Dividends paid | -$6.3M | $0 | -$33.9M | $0 | -$55.3M |
| Net share buybacks | $188.9M | $5.0M | $17.7M | $90.5M | -$17.5M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.45B
- Total assets
- $1.13T
- Total liabilities
- $726.43B
- Total debt
- $696.49B
- Net debt
- $694.04B
- Shareholders’ equity
- $406.15B
As of Jun 30, 2026 (filed Aug 5, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 25, 2026 | $0.38 | Oct 13, 2026 |
| Jun 26, 2026 | $0.39 | Jul 13, 2026 |
| Mar 27, 2026 | $0.37 | Apr 9, 2026 |
| Dec 29, 2025 | $0.43 | Jan 14, 2026 |
| Sep 26, 2025 | $0.42 | Oct 14, 2025 |
| Jun 27, 2025 | $0.42 | Jul 14, 2025 |
| Mar 28, 2025 | $0.39 | Apr 10, 2025 |
| Dec 27, 2024 | $0.48 | Jan 13, 2025 |
Short interest
- Shares sold short
- 447,617
- Days to cover
- 6.12
- Change vs previous report
- +13.8%
FINRA short interest, settlement date Sep 15, 2026.