Capital Southwest Corporation (NASDAQ:CSWC) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Capital Southwest Corporation (NASDAQ:CSWC) have been assigned an average rating of “Moderate Buy” from the nine research firms that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $23.60.

A number of research firms have issued reports on CSWC. Citigroup restated a “market outperform” rating on shares of Capital Southwest in a report on Wednesday, August 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Capital Southwest in a report on Thursday, June 18th. B. Riley Financial increased their target price on Capital Southwest from $24.50 to $25.50 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Citizens Jmp lifted their price objective on shares of Capital Southwest from $25.00 to $26.00 and gave the company a “market outperform” rating in a report on Wednesday, August 5th.

Hedge Funds Weigh In On Capital Southwest

Hedge funds have recently modified their holdings of the company. Womack Financial LLC bought a new position in Capital Southwest during the second quarter valued at about $5,480,000. Quantbot Technologies LP purchased a new stake in Capital Southwest in the 2nd quarter worth about $1,033,000. Greenland Capital Management LP bought a new position in Capital Southwest during the second quarter worth about $689,000. Empirical Finance LLC bought a new stake in shares of Capital Southwest in the first quarter valued at approximately $13,689,000. Finally, Empowered Funds LLC bought a new position in Capital Southwest in the 1st quarter worth approximately $13,694,000. Institutional investors own 23.42% of the company’s stock.

Capital Southwest Stock Up 0.3%

Shares of NASDAQ CSWC opened at $25.47 on Friday. The company has a 50 day simple moving average of $24.16 and a 200 day simple moving average of $23.37. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.17 and a quick ratio of 0.17. Capital Southwest has a 1 year low of $19.37 and a 1 year high of $25.74. The firm has a market cap of $1.62 billion, a PE ratio of 14.07 and a beta of 0.69.

Capital Southwest (NASDAQ:CSWC) last released its quarterly earnings results on Monday, August 3rd. The asset manager reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $61.05 million for the quarter, compared to analyst estimates of $61.22 million. Capital Southwest had a return on equity of 13.88% and a net margin of 46.68%.During the same quarter in the previous year, the company posted $0.61 EPS. On average, research analysts forecast that Capital Southwest will post 2.27 EPS for the current year.

Capital Southwest Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.1934 per share. The ex-dividend date is Tuesday, December 15th. This represents a c) annualized dividend and a yield of 9.1%. Capital Southwest’s dividend payout ratio (DPR) is 128.18%.

Capital Southwest Company Profile

Capital Southwest (NASDAQ: CSWC) is a publicly traded investment firm structured as a business development company (BDC) that provides customized financing solutions to middle-market companies across the United States. The firm offers a spectrum of debt and equity capital, including senior secured loans, mezzanine debt, and both preferred and common equity investments. By partnering with corporate management teams, Capital Southwest seeks to support growth initiatives, recapitalizations, acquisitions, and ownership transitions.

Founded in 1961 and headquartered in Dallas, Texas, Capital Southwest has cultivated a track record of long-term partnerships with privately held businesses and select public companies.