Palmer Square Capital BDC Inc. (NYSE:PSBD ) Q4 2024 Results Conference Call February 27, 2025 1:00 PM ET Company Participants Jeremy Goff - Managing Director Chris Long - Chairman and Chief Executive Officer Angie Long - Chief Investment Officer Matt Bloomfield - President Jeff Fox - Chief Financial Officer and Director Conference Call Participants Kenneth Lee - RBC Capital Markets Doug Harter - UBS Financial Melissa Wedel - JPMorgan Operator Welcome to Palmer Square Capital BDC's Fourth Quarter and Year-End 2024 Earnings Call. [Operator Instructions] As a reminder, this conference call is being recorded.
The headline numbers for Palmer Square Capital BDC Inc. (PSBD) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Palmer Square Capital BDC Inc. (PSBD) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.58 per share a year ago.
Call Star: 13:00 January 1, 0000 1:33 PM ET Palmer Square Capital BDC Inc. (NYSE:PSBD ) Q3 2024 Earnings Conference Call November 5, 2024 01:00 PM ET Company Participants Andrew Wedderburn-Maxwell - Investor Relations Christopher Long - Chairman and Chief Executive Officer Angie Long - Chief Investment Officer Matthew Bloomfield - President Jeffrey Fox - Chief Financial Officer and Director Conference Call Participants Doug Harter - UBS Financial Melissa Wedel - JPMorgan Derek Hewett - Bank of America Operator Welcome to Palmer Square Capital BDC's Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Palmer Square Capital BDC Inc. (NYSE:PSBD ) Q2 2024 Earnings Call August 8, 2024 1:00 PM ET Company Participants Andrew Wedderburn-Maxwell - Investor Relations Chris Long - Chairman and Chief Executive Officer Angie Long - Chief Investment Officer Matt Bloomfield - President Jeff Fox - Chief Financial Officer and Director Conference Call Participants Kenneth Lee - RBC Capital Markets Doug Harter - UBS Melissa Wedel - JPMorgan Operator Welcome to today's Palmer Square Capital's BDC Second Quarter 2024 Earnings Call. [Operator Instructions] And as a reminder, this conference call is being recorded.
PRA Group (NASDAQ:PRAA – Get Free Report) and Palmer Square Capital BDC (NYSE:PSBD – Get Free Report) are both small-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, profitability, dividends, earnings and analyst recommendations. Valuation & Earnings This table compares PRA Group and Palmer Square Capital BDC’s top-line revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio PRA Group $802.55 million 1.22 -$83.48 million ($0.54) -46.22 Palmer Square Capital BDC $104.56 million 5.19 $107.84 million N/A N/A Palmer Square Capital BDC has lower revenue, but higher earnings than PRA Group. Analyst Recommendations This is a breakdown of recent ratings and price targets for PRA Group and Palmer Square Capital BDC, as reported by MarketBeat.com. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score PRA Group 0 0 1 0 3.00 Palmer Square Capital BDC 0 3 4 0 2.57 PRA Group currently has a consensus price target of $33.00, suggesting a potential upside of 32.21%. Palmer Square Capital BDC has a consensus price target of $16.93, suggesting a potential upside of 1.61%. Given PRA Group’s stronger consensus rating and higher probable upside, equities research analysts clearly believe PRA Group is more favorable than Palmer Square Capital BDC. Profitability This table compares PRA Group and Palmer Square Capital BDC’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets PRA Group -2.37% -1.76% -0.48% Palmer Square Capital BDC 84.94% 18.90% 7.55% Insider and Institutional Ownership 97.2% of PRA Group shares are owned by institutional investors. Comparatively, 6.5% of Palmer Square Capital BDC shares are owned by institutional investors. 2.0% of PRA Group shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth. Summary Palmer Square Capital BDC beats PRA Group on 6 of the 11 factors compared between the two stocks. About PRA Group (Get Free Report) PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans worldwide. It is involved in the purchase of accounts that are primarily the unpaid obligations of individuals owed to credit originators, which include banks and other types of consumer, retail, and auto finance companies. The company also acquires nonperforming loans, including Visa and MasterCard credit card accounts, private label and other credit card accounts, personal loans, automobile loans, and small business loans from banks, credit unions, consumer finance companies, retailers, utilities, automobile finance companies, and other credit originators. In addition, it provides fee-based services on class action claims recoveries. The company was formerly known as Portfolio Recovery Associates, Inc. and changed its name to PRA Group, Inc. in October 2014. PRA Group, Inc. was founded in 1996 and is headquartered in Norfolk, Virginia. About Palmer Square Capital BDC (Get Free Report) Palmer Square Capital BDC Inc. is an externally managed, non-diversified closed-end management investment company which primarily lends to and invests in corporate debt securities, including small to large private U.S. companies and has elected to be regulated as a business development company. Palmer Square Capital BDC Inc. is based in MISSION WOODS, Kan.
Palmer Square Capital BDC Inc. (PSBD) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.