Shares of Capital Southwest Co. (NASDAQ:CSWC) have been assigned an average recommendation of “Hold” from the eight analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $20.00.
Several research analysts have issued reports on the company. BidaskClub cut Capital Southwest from a “hold” rating to a “sell” rating in a report on Wednesday, December 20th. Ladenburg Thalmann Financial Services assumed coverage on Capital Southwest in a report on Thursday, November 30th. They issued a “buy” rating and a $19.00 price target on the stock. National Securities reaffirmed a “buy” rating and issued a $22.00 price target on shares of Capital Southwest in a report on Thursday, November 9th. Finally, Zacks Investment Research raised Capital Southwest from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 11th.
In other news, Director David R. Brooks bought 2,000 shares of the business’s stock in a transaction on Friday, December 28th. The shares were bought at an average cost of $16.66 per share, with a total value of $33,320.00. Following the purchase, the director now directly owns 22,000 shares in the company, valued at $366,520. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Douglas M. Kelley bought 1,500 shares of the business’s stock in a transaction on Monday, November 13th. The shares were purchased at an average cost of $17.00 per share, for a total transaction of $25,500.00. Following the completion of the purchase, the vice president now owns 66,135 shares in the company, valued at $1,124,295. The disclosure for this purchase can be found here. Insiders acquired 5,880 shares of company stock worth $98,551 in the last ninety days. 5.90% of the stock is owned by corporate insiders.
Shares of Capital Southwest (NASDAQ CSWC) opened at $16.57 on Friday. Capital Southwest has a twelve month low of $15.04 and a twelve month high of $17.76. The company has a market capitalization of $265.28, a P/E ratio of 9.58 and a beta of -0.56. The company has a current ratio of 10.41, a quick ratio of 10.42 and a debt-to-equity ratio of 0.19.
Capital Southwest (NASDAQ:CSWC) last announced its earnings results on Monday, November 6th. The asset manager reported $0.25 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. Capital Southwest had a return on equity of 5.09% and a net margin of 90.67%. analysts expect that Capital Southwest will post 1.01 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Friday, December 15th were issued a $0.26 dividend. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $1.04 annualized dividend and a dividend yield of 6.28%. This is a boost from Capital Southwest’s previous quarterly dividend of $0.24. Capital Southwest’s dividend payout ratio is currently 60.12%.
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About Capital Southwest
Capital Southwest Corporation is an investment company that specializes in providing customized financing to middle market companies in a range of industry segments located primarily in the United States. The Company is a specialty lending company. Its principal investment objective is to produce risk-adjusted returns by generating current income from debt investments and capital appreciation from its equity and equity related investments.
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