Several other research firms also recently weighed in on CSWC. National Securities reiterated a buy rating and issued a $24.00 target price on shares of Capital Southwest in a report on Tuesday, June 4th. Zacks Investment Research downgraded shares of Capital Southwest from a buy rating to a hold rating in a report on Monday, February 11th. Finally, JMP Securities lifted their target price on shares of Capital Southwest from $22.50 to $23.00 and gave the company a market outperform rating in a report on Friday, March 15th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. Capital Southwest currently has an average rating of Hold and a consensus target price of $23.50.
Capital Southwest stock opened at $21.61 on Tuesday. Capital Southwest has a fifty-two week low of $17.22 and a fifty-two week high of $24.17. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.29 and a quick ratio of 0.29. The company has a market capitalization of $376.55 million, a P/E ratio of 15.22 and a beta of 0.25.
Capital Southwest (NASDAQ:CSWC) last posted its earnings results on Monday, June 3rd. The asset manager reported $0.40 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.40. Capital Southwest had a net margin of 68.26% and a return on equity of 7.53%. The firm had revenue of $14.31 million during the quarter, compared to the consensus estimate of $14.25 million. On average, sell-side analysts expect that Capital Southwest will post 1.71 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a $0.39 dividend. This is an increase from Capital Southwest’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $1.56 annualized dividend and a dividend yield of 7.22%. Capital Southwest’s payout ratio is 107.04%.
Large investors have recently bought and sold shares of the business. Princeton Global Asset Management LLC acquired a new position in shares of Capital Southwest in the fourth quarter worth $46,000. Confluence Investment Management LLC grew its stake in shares of Capital Southwest by 1.4% in the first quarter. Confluence Investment Management LLC now owns 115,506 shares of the asset manager’s stock worth $2,430,000 after acquiring an additional 1,564 shares in the last quarter. Creative Planning acquired a new position in shares of Capital Southwest in the fourth quarter worth $395,000. Two Sigma Investments LP acquired a new position in shares of Capital Southwest in the fourth quarter worth $428,000. Finally, California Public Employees Retirement System acquired a new position in shares of Capital Southwest in the fourth quarter worth $350,000. Institutional investors and hedge funds own 53.27% of the company’s stock.
Capital Southwest Company Profile
Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.
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