Date | Price Target | Rating | Analyst |
---|---|---|---|
4/22/2024 | $17.50 | Neutral | Janney |
Palmer Square is excited to announce the hiring of Courtney Cytryn as an Executive Director based in New York. Courtney brings extensive business development experience to the firm. Given her depth of experience, Courtney is focused on further enhancing the firm's relationships within institutional asset management and investment banking with a particular focus on our Business Development Company ("BDC") and upcoming ETF platforms. According to Christopher D. Long, Founder, CEO and Chairman of Palmer Square Capital Management, "We are thrilled to welcome Courtney to our firm. Not only does she bring a deep background in institutional asset management which is invaluable, she also adds add
Declares Third Quarter 2024 Base Dividend of $0.42 Per Share with Supplemental Dividend Expected to be Announced in September Palmer Square Capital BDC Inc. (NYSE:PSBD) ("PSBD" or the "Company"), an externally managed business development company, today announced its financial results for the second quarter ended June 30, 2024. Financial and Operating Highlights Total investment income of $36.5 million for the second quarter of 2024, compared to $27.4 million for the prior year period Net investment income of $15.8 million or $0.48 per share for the second quarter of 2024, as compared to $14.2 million or $0.56 per share for the comparable period last year Net asset value of $16
Palmer Square Capital BDC Inc. (NYSE:PSBD) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that it will release its financial results for the second quarter ended June 30, 2024, before the market opens on Thursday, August 8, 2024. Palmer Square will host a conference call at 1:00 pm ET that day to review its financial performance and conduct a question-and-answer session. To participate in the earnings call, participants should register online at the Palmer Square Investor Relations website. To avoid potential delays, please join at least 10 minutes prior to the start of the call. The conference call can be accessed through the follo
Palmer Square Capital BDC Inc. (NYSE:PSBD) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that its Board of Directors has declared a second quarter 2024 supplemental dividend of $0.05 per share. Shareholders of record as of June 28, 2024 will receive the supplemental dividend, payable on July 16, 2024. The supplemental dividend will be paid out of the excess of the Company's quarterly undistributed net investment income, above the second quarter 2024 base dividend of $0.42 per share, payable on July 16, 2024 to shareholders of record as of June 28, 2024. About Palmer Square Capital BDC Inc. Palmer Square Capital BDC Inc. (NYSE:PSB
Palmer Square Capital BDC Inc. (NYSE:PSBD) ("PSBD" or the "Company"), an externally managed business development company, today announced its financial results for the first quarter ended March 31, 2024. Financial and Operating Highlights Total investment income of $34.8 million for the first quarter of 2024, compared to $26.2 million for the prior year period Net investment income of $16.3 million or $0.52 per share for the first quarter of 2024, as compared to $13.6 million or $0.55 per share for the comparable period last year Net asset value of $17.16 per share as of March 31, 2024, compared to $17.04 per share as of December 31, 2023 Total net realized and unrealized g
Palmer Square Capital BDC Inc. (NYSE:PSBD) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that it will release its financial results for the first quarter ended March 31, 2024 before the market opens on Tuesday, May 7, 2024. Palmer Square will host a conference call at 12:00 pm ET that day to review its financial performance and conduct a question-and-answer session. To participate in the earnings call, participants should register online at the Palmer Square Investor Relations website. To avoid potential delays, please join at least 10 minutes prior to the start of the call. The conference call can be accessed through the following
Palmer Square Capital BDC Inc. (NYSE:PSBD) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that its Board of Directors has declared a first quarter 2024 dividend of $0.49 per share, which represents a 12.1% total annualized yield based on the closing stock price on March 14, 2024 of $16.21. Shareholders of record as of March 28, 2024 will receive the dividend payable on April 10, 2024, comprised of a quarterly base distribution of $0.42 per share and a first quarter 2024 supplemental dividend of $0.07 per share. The supplemental dividend will be paid out of the excess of Palmer Square's quarterly undistributed net investment income abo
4 - Palmer Square Capital BDC Inc. (0001794776) (Issuer)
Janney initiated coverage of Palmer Square Capital BDC with a rating of Neutral and set a new price target of $17.50
8-K - Palmer Square Capital BDC Inc. (0001794776) (Filer)
40-17G - Palmer Square Capital BDC Inc. (0001794776) (Filer)
8-K - Palmer Square Capital BDC Inc. (0001794776) (Filer)
8-K - Palmer Square Capital BDC Inc. (0001794776) (Filer)
10-Q - Palmer Square Capital BDC Inc. (0001794776) (Filer)
N-2 - Palmer Square Capital BDC Inc. (0001794776) (Filer)
8-K - Palmer Square Capital BDC Inc. (0001794776) (Filer)
8-K - Palmer Square Capital BDC Inc. (0001794776) (Filer)
8-K - Palmer Square Capital BDC Inc. (0001794776) (Filer)
8-K - Palmer Square Capital BDC Inc. (0001794776) (Filer)
Top global CLO issuer introduces active Credit Opportunities ETF (PSQO) and passive CLO Senior Debt ETF (PSQA) MISSION WOODS, Kan., Sept. 11, 2024 /PRNewswire/ -- Palmer Square Capital Management ("Palmer Square") a credit-focused alternative asset management firm founded in 2009 with over $32 billion in assets under management, is announcing the launch of two innovative exchange traded funds (ETFs). Palmer Square's new ETFs include The Palmer Square Credit Opportunities ETF (PSQO), an actively managed multi-asset credit strategy and The Palmer Square CLO Senior Debt ETF (PSQA), an indexed collateralized loan obligation (CLO) focused fund providing access to the broader universe of AAA and
Palmer Square is excited to announce the hiring of Courtney Cytryn as an Executive Director based in New York. Courtney brings extensive business development experience to the firm. Given her depth of experience, Courtney is focused on further enhancing the firm's relationships within institutional asset management and investment banking with a particular focus on our Business Development Company ("BDC") and upcoming ETF platforms. According to Christopher D. Long, Founder, CEO and Chairman of Palmer Square Capital Management, "We are thrilled to welcome Courtney to our firm. Not only does she bring a deep background in institutional asset management which is invaluable, she also adds add
Declares Third Quarter 2024 Base Dividend of $0.42 Per Share with Supplemental Dividend Expected to be Announced in September Palmer Square Capital BDC Inc. (NYSE:PSBD) ("PSBD" or the "Company"), an externally managed business development company, today announced its financial results for the second quarter ended June 30, 2024. Financial and Operating Highlights Total investment income of $36.5 million for the second quarter of 2024, compared to $27.4 million for the prior year period Net investment income of $15.8 million or $0.48 per share for the second quarter of 2024, as compared to $14.2 million or $0.56 per share for the comparable period last year Net asset value of $16
Palmer Square Capital BDC Inc. (NYSE:PSBD) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that it will release its financial results for the second quarter ended June 30, 2024, before the market opens on Thursday, August 8, 2024. Palmer Square will host a conference call at 1:00 pm ET that day to review its financial performance and conduct a question-and-answer session. To participate in the earnings call, participants should register online at the Palmer Square Investor Relations website. To avoid potential delays, please join at least 10 minutes prior to the start of the call. The conference call can be accessed through the follo
Palmer Square Capital BDC Inc. (NYSE:PSBD) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that its Board of Directors has declared a second quarter 2024 supplemental dividend of $0.05 per share. Shareholders of record as of June 28, 2024 will receive the supplemental dividend, payable on July 16, 2024. The supplemental dividend will be paid out of the excess of the Company's quarterly undistributed net investment income, above the second quarter 2024 base dividend of $0.42 per share, payable on July 16, 2024 to shareholders of record as of June 28, 2024. About Palmer Square Capital BDC Inc. Palmer Square Capital BDC Inc. (NYSE:PSB
Notable issuances include debut CLO from Palmer Square's publicly traded BDC and a benchmark setting US Static and European CLO issuance Palmer Square has issued 7 CLOs in 2024 and the largest BSL CLO deal of the year Palmer Square Capital Management ("Palmer Square"), a credit-focused asset management firm with over $30.0 billion in assets, is pleased to announce over $1.8 billion of CLO issuances across three benchmark transactions within the past week. Palmer Square priced Palmer Square Loan Funding 2024-3, a $1.0 billion static collateralized loan obligation ("CLO") primarily composed of broadly syndicated first lien senior secured loans. Palmer Square significantly upsized thi
Palmer Square Capital BDC Inc. (NYSE:PSBD) ("PSBD" or the "Company"), an externally managed business development company, today announced its financial results for the first quarter ended March 31, 2024. Financial and Operating Highlights Total investment income of $34.8 million for the first quarter of 2024, compared to $26.2 million for the prior year period Net investment income of $16.3 million or $0.52 per share for the first quarter of 2024, as compared to $13.6 million or $0.55 per share for the comparable period last year Net asset value of $17.16 per share as of March 31, 2024, compared to $17.04 per share as of December 31, 2023 Total net realized and unrealized g
Transaction marks the platform's 71st CLO issuance Palmer Square Capital Management (together with its affiliates, "Palmer Square"), a credit-focused asset management firm with over $30 billion in assets, has announced the pricing of Palmer Square BDC CLO 1, a $400.5 million collateralized loan obligation ("CLO"). The vehicle is secured by broadly syndicated loans held by Palmer Square Capital BDC Inc. (NYSE:PSBD) and will be managed by Palmer Square Capital BDC Inc. Palmer Square BDC CLO 1 is the first CLO transaction to be issued out of New York Stock Exchange-traded PSBD, which invests meaningfully in broadly syndicated loans as part of its opportunistic credit / total return investmen
Palmer Square Capital BDC Inc. (NYSE:PSBD) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that it will release its financial results for the first quarter ended March 31, 2024 before the market opens on Tuesday, May 7, 2024. Palmer Square will host a conference call at 12:00 pm ET that day to review its financial performance and conduct a question-and-answer session. To participate in the earnings call, participants should register online at the Palmer Square Investor Relations website. To avoid potential delays, please join at least 10 minutes prior to the start of the call. The conference call can be accessed through the following
First publicly available, CLO manager provided index for European CLO debt Palmer Square Capital Management, a credit-focused asset management firm with over $30 billion in assets, has announced the launch of an index designed to benchmark the European collateralized loan obligation market. The Palmer Square CLO EUR Debt Index is a rules-based observable pricing and total return index for European CLO debt. It is the first broadly available CLO manager provided index for European CLO debt. The data is broken out by tranche and includes total return information and statistics such as spread, yield and price. The index will be available to all Palmer Square clients for free and to non-cli
Notable issuances include debut CLO from Palmer Square's publicly traded BDC and a benchmark setting US Static and European CLO issuancePalmer Square has issued 7 CLOs in 2024 and the largest BSL CLO deal of the yearPalmer Square Capital Management ("Palmer Square"), a credit-focused asset management firm with over $30.0 billion in assets, is pleased to announce over $1.8 billion of CLO issuances across three benchmark transactions within the past week.Palmer Square priced Palmer Square Loan Funding 2024-3, a $1.0 billion static collateralized loan obligation ("CLO") primarily composed of broadly syndicated first lien senior secured loans. Palmer Square significantly upsized this transaction
Janney Montgomery Scott analyst John Rowan initiates coverage on Palmer Square Capital BDC (NYSE:PSBD) with a Neutral rating and announces Price Target of $17.5.
comprised of a quarterly base distribution of $0.42 per share and a first quarter 2024 supplemental dividend of $0.07 per share. The supplemental dividend will be paid out of the excess of Palmer Square's quarterly undistributed net investment income above the base quarterly distribution amount of $0.42 per share.
Gainers Palmer Square Capital BDC (NYSE:PSBD) stock increased by 29.1% to $21.0 during Monday's pre-market session. The company's market cap stands at $683.6 million. As per the news, the FY earnings report came out 3 days ago. Reliance Global Group (NASDAQ:RELI) shares increased by 9.17% to $0.56. The company's market cap stands at $2.7 million. Bakkt Hldgs (NYSE:BKKT) stock moved upwards by 8.18% to $0.63. The market value of their outstanding shares is at $59.8 million. Solowin Holdings (NASDAQ:SWIN) shares moved upwards by 7.74% to $13.5. The company's market cap stands at $189.0 million. KB Financial Group (NYSE:KB) stock rose 7.69% to $51.1. The market value of their outstanding s
Companies Reporting Before The Bell • ICL Group (NYSE:ICL) is likely to report quarterly earnings at $0.08 per share on revenue of $1.69 billion. • Golden Ocean Group (NASDAQ:GOGL) is likely to report quarterly earnings at $0.27 per share on revenue of $193.12 million. • Wallbox (NYSE:WBX) is likely to report earnings for its fourth quarter. • Immunocore Hldgs (NASDAQ:IMCR) is estimated to report quarterly loss at $0.28 per share on revenue of $67.23 million. • Royal Bank of Canada (NYSE:RY) is likely to report quarterly earnings at $2.08 per share on revenue of $9.95 billion. • TG Therapeutics (NASDAQ:TGTX) is likely to report quarterly loss at $0.10 per share on revenue of $40.06 mil
SC 13G/A - Palmer Square Capital BDC Inc. (0001794776) (Subject)
4 - Palmer Square Capital BDC Inc. (0001794776) (Issuer)