Pearl Diver Credit Q4 Earnings Report Analysis
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy PDCC?
Source: seekingalpha
- Earnings Miss: Pearl Diver Credit reported a Q4 GAAP EPS of -$1.81, missing estimates by $2.29, indicating significant challenges in profitability that could undermine investor confidence.
- Declining NAV: As of December 31, 2025, the net asset value per share of common stock was $14.42, down from $16.89 as of September 30, 2025, reflecting a decrease in asset value that may negatively impact future financing capabilities.
- Investment Income Growth: The net investment income for the quarter was $3.4 million, or $0.49 per share, an increase from $3.0 million, or $0.44 per share in the previous quarter, suggesting improvements in investment management that could support future cash flows.
- Stable Cash Flows: Recurring cash flows from CLO investments reached $9.8 million, or $1.44 per share, compared to $8.7 million, or $1.28 per share in the prior quarter, indicating robust performance in fixed-income investments that may enhance dividend capacity.
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Analyst Views on PDCC
Wall Street analysts forecast PDCC stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 12.680
Low
17.50
Averages
17.50
High
17.50
Current: 12.680
Low
17.50
Averages
17.50
High
17.50
About PDCC
Pearl Diver Credit Company, Inc. is an externally managed, non-diversified closed-end management investment company. The Company is formed with the investment objective of maximizing its portfolio’s total return, with a secondary objective of generating high current income. The Company invests primarily in equity and junior debt tranches of collateralized loan obligation (CLOs) notes, where underlying corporate debt is primarily senior secured floating-rate debt, issued by United States companies across several industry sectors. It may also invest in other securities and instruments that are related to these investments or that the adviser believes are consistent with its investment objectives, including senior debt tranches of CLOs and CLO warehouse first loss investments. Pearl Diver Capital LLP is the adviser of the Company.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Pearl Diver Credit Q4 Earnings Report Analysis
- Earnings Miss: Pearl Diver Credit reported a Q4 GAAP EPS of -$1.81, missing estimates by $2.29, indicating significant challenges in profitability that could undermine investor confidence.
- Declining NAV: As of December 31, 2025, the net asset value per share of common stock was $14.42, down from $16.89 as of September 30, 2025, reflecting a decrease in asset value that may negatively impact future financing capabilities.
- Investment Income Growth: The net investment income for the quarter was $3.4 million, or $0.49 per share, an increase from $3.0 million, or $0.44 per share in the previous quarter, suggesting improvements in investment management that could support future cash flows.
- Stable Cash Flows: Recurring cash flows from CLO investments reached $9.8 million, or $1.44 per share, compared to $8.7 million, or $1.28 per share in the prior quarter, indicating robust performance in fixed-income investments that may enhance dividend capacity.
See More
Pearl Diver Credit Company Schedules Q4 2025 Earnings Call
- Earnings Release Schedule: Pearl Diver Credit Company plans to release its Q4 2025 financial results before market open on February 17, 2026, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Details: The company will host a conference call at 11:00 am ET on the same day, with investors invited to dial 1-877-407-9208 (US) or 1-201-493-6784 (international), which is expected to attract significant participation from analysts and investors.
- Webcast Availability: A live audio webcast of the conference call will be available on the company's website, enhancing information accessibility and ensuring all stakeholders can stay informed about the company's financial status.
- Management Background: Pearl Diver Credit Company specializes in CLO investments, managing approximately $2.9 billion in assets, showcasing its expertise and influence in the complex financial products market.
See More
Pearl Diver Credit Company Schedules Q4 2025 Earnings Call
- Earnings Release Announcement: Pearl Diver Credit Company plans to release its Q4 2025 financial results before market open on February 17, 2026, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Details: The company will host a conference call at 11:00 AM ET on the same day, inviting investors to dial 1-877-407-9208 (US) or 1-201-493-6784 (international), which is expected to attract significant attention from analysts and investors.
- Live Webcast Availability: The conference call will be available via live audio webcast on the company's website, enhancing information accessibility and ensuring all stakeholders can stay informed about the company's financial status.
- Management Background Overview: Founded in 2008, Pearl Diver Capital specializes in collateralized loan obligation (CLO) investing, managing approximately $2.9 billion in assets, showcasing its expertise and market influence in the CLO sector.
See More
Pearl Diver Credit Company Declares Monthly Dividends
- Monthly Dividend Announcement: Pearl Diver Credit Company's Board of Directors has declared a monthly dividend of $0.22 per share for common stock from February to May 2026, indicating the company's commitment to consistent cash flow and shareholder returns.
- Preferred Stock Dividend: The company also announced a dividend of $0.1667 per share for its 8.00% Series A Preferred Stock, reflecting its commitment to preferred shareholders and enhancing investor confidence.
- Reinvestment Plan: Shareholders can opt to automatically reinvest dividends into common stock, and if the market price exceeds net asset value, new shares will be issued at a higher market price, potentially increasing long-term returns for investors.
- Investment Strategy: The company focuses on investing in equity and junior debt tranches of CLOs, managing approximately $2.9 billion in assets, showcasing its expertise in complex markets and pursuit of high-yield investments.
See More
Pearl Diver Credit Company Declares Monthly Dividends
- Monthly Dividend Announcement: Pearl Diver Credit Company's Board of Directors has declared a regular monthly dividend of $0.22 per share for common stock from February to May 2026, indicating the company's stable cash flow and commitment to shareholder returns.
- Preferred Stock Dividend: Additionally, the 8.00% Series A Preferred Stock will have a dividend of $0.1667 per share, reflecting the company's ongoing efforts in high-yield investments and enhancing investor confidence.
- Reinvestment Plan: Shareholders can opt to automatically reinvest dividends into company stock, and if the market price exceeds net asset value, participants will receive new shares, further increasing long-term shareholder value.
- Asset Management Scale: As of September 30, 2025, Pearl Diver Capital manages approximately $2.9 billion in assets, showcasing its strong position and market influence in the CLO investment sector.
See More
Pearl Diver Credit Company Inc. Announces Third Quarter 2025 Financial Results
Financial Performance: Pearl Diver Credit Company reported a GAAP net loss of $4.3 million for Q3 2025, with a net asset value per share decreasing to $16.89 from $18.19 in the previous quarter, despite an increase in recurring cash flows from CLO investments.
Investment Strategy: The company utilized a machine learning approach to identify attractive investment opportunities, resulting in a weighted average effective yield of 13.07% for its CLO portfolio, up from 12.75% in the prior quarter.
Portfolio Composition: As of September 30, 2025, the company had indirect exposure to approximately 1,304 unique corporate obligors and over 1,900 underlying loans, totaling $25.6 billion, with a focus on CLOs that have reinvestment end dates from 2026 to 2030.
Dividends and Future Outlook: Pearl Diver declared monthly dividends of $0.22 per share for the upcoming months and plans to discuss its Q3 results in a conference call, indicating a commitment to shareholder returns despite current market challenges.
See More
Pearl Diver Credit Q4 Earnings Report Analysis
- Earnings Miss: Pearl Diver Credit reported a Q4 GAAP EPS of -$1.81, missing estimates by $2.29, indicating significant challenges in profitability that could undermine investor confidence.
- Declining NAV: As of December 31, 2025, the net asset value per share of common stock was $14.42, down from $16.89 as of September 30, 2025, reflecting a decrease in asset value that may negatively impact future financing capabilities.
- Investment Income Growth: The net investment income for the quarter was $3.4 million, or $0.49 per share, an increase from $3.0 million, or $0.44 per share in the previous quarter, suggesting improvements in investment management that could support future cash flows.
- Stable Cash Flows: Recurring cash flows from CLO investments reached $9.8 million, or $1.44 per share, compared to $8.7 million, or $1.28 per share in the prior quarter, indicating robust performance in fixed-income investments that may enhance dividend capacity.
See More
Pearl Diver Credit Company Schedules Q4 2025 Earnings Call
- Earnings Release Schedule: Pearl Diver Credit Company plans to release its Q4 2025 financial results before market open on February 17, 2026, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Details: The company will host a conference call at 11:00 am ET on the same day, with investors invited to dial 1-877-407-9208 (US) or 1-201-493-6784 (international), which is expected to attract significant participation from analysts and investors.
- Webcast Availability: A live audio webcast of the conference call will be available on the company's website, enhancing information accessibility and ensuring all stakeholders can stay informed about the company's financial status.
- Management Background: Pearl Diver Credit Company specializes in CLO investments, managing approximately $2.9 billion in assets, showcasing its expertise and influence in the complex financial products market.
See More
Pearl Diver Credit Company Schedules Q4 2025 Earnings Call
- Earnings Release Announcement: Pearl Diver Credit Company plans to release its Q4 2025 financial results before market open on February 17, 2026, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Details: The company will host a conference call at 11:00 AM ET on the same day, inviting investors to dial 1-877-407-9208 (US) or 1-201-493-6784 (international), which is expected to attract significant attention from analysts and investors.
- Live Webcast Availability: The conference call will be available via live audio webcast on the company's website, enhancing information accessibility and ensuring all stakeholders can stay informed about the company's financial status.
- Management Background Overview: Founded in 2008, Pearl Diver Capital specializes in collateralized loan obligation (CLO) investing, managing approximately $2.9 billion in assets, showcasing its expertise and market influence in the CLO sector.
See More
Pearl Diver Credit Company Declares Monthly Dividends
- Monthly Dividend Announcement: Pearl Diver Credit Company's Board of Directors has declared a monthly dividend of $0.22 per share for common stock from February to May 2026, indicating the company's commitment to consistent cash flow and shareholder returns.
- Preferred Stock Dividend: The company also announced a dividend of $0.1667 per share for its 8.00% Series A Preferred Stock, reflecting its commitment to preferred shareholders and enhancing investor confidence.
- Reinvestment Plan: Shareholders can opt to automatically reinvest dividends into common stock, and if the market price exceeds net asset value, new shares will be issued at a higher market price, potentially increasing long-term returns for investors.
- Investment Strategy: The company focuses on investing in equity and junior debt tranches of CLOs, managing approximately $2.9 billion in assets, showcasing its expertise in complex markets and pursuit of high-yield investments.
See More
Pearl Diver Credit Company Declares Monthly Dividends
- Monthly Dividend Announcement: Pearl Diver Credit Company's Board of Directors has declared a regular monthly dividend of $0.22 per share for common stock from February to May 2026, indicating the company's stable cash flow and commitment to shareholder returns.
- Preferred Stock Dividend: Additionally, the 8.00% Series A Preferred Stock will have a dividend of $0.1667 per share, reflecting the company's ongoing efforts in high-yield investments and enhancing investor confidence.
- Reinvestment Plan: Shareholders can opt to automatically reinvest dividends into company stock, and if the market price exceeds net asset value, participants will receive new shares, further increasing long-term shareholder value.
- Asset Management Scale: As of September 30, 2025, Pearl Diver Capital manages approximately $2.9 billion in assets, showcasing its strong position and market influence in the CLO investment sector.
See More
Pearl Diver Credit Company Inc. Announces Third Quarter 2025 Financial Results
Financial Performance: Pearl Diver Credit Company reported a GAAP net loss of $4.3 million for Q3 2025, with a net asset value per share decreasing to $16.89 from $18.19 in the previous quarter, despite an increase in recurring cash flows from CLO investments.
Investment Strategy: The company utilized a machine learning approach to identify attractive investment opportunities, resulting in a weighted average effective yield of 13.07% for its CLO portfolio, up from 12.75% in the prior quarter.
Portfolio Composition: As of September 30, 2025, the company had indirect exposure to approximately 1,304 unique corporate obligors and over 1,900 underlying loans, totaling $25.6 billion, with a focus on CLOs that have reinvestment end dates from 2026 to 2030.
Dividends and Future Outlook: Pearl Diver declared monthly dividends of $0.22 per share for the upcoming months and plans to discuss its Q3 results in a conference call, indicating a commitment to shareholder returns despite current market challenges.
See More
