PSBD Stock Summary and Trading Ideas (Palmer Square Capital Bdc | NYSE:PSBD)

Palmer Square Capital BDC Inc is a financial services company that lends to and invests in corporate debt securities of companies, including small to large private U.S. companies. Their investment objective is to maximize total return, comprised of current income and capital appreciation.

Palmer Square Capital Bdc trades on the NYSE stock market under the symbol PSBD.

As of March 19, 2025, PSBD stock price climbed to $14.69 with 18,715 million shares trading.

PSBD has a beta of 0.12, meaning it tends to be less sensitive to market movements. PSBD has a correlation of 0.02 to the broad based SPY ETF.

PSBD has a market cap of $479.25 million. This is considered a Small Cap stock.

Last quarter Palmer Square Capital Bdc reported $35 million in Revenue and $.45 earnings per share. This fell short of revenue expectation by $-27,000 and missed earnings estimates by -$.02.

The top ETF exchange traded funds that PSBD belongs to (by Net Assets): PBDC.

PSBD has underperformed the market in the last year with a price return of +0.2% while the SPY ETF gained +11.6%. PSBD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.6% and -3.4%, respectively, while the SPY returned -2.9% and -1.7%, respectively.

PSBD support price is $14.23 and resistance is $14.94 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PSBD shares will trade within this expected range on the day.