Capital Southwest (CSWC) Set to Announce Quarterly Earnings on Monday

Capital Southwest (NASDAQ:CSWC) is scheduled to announce its earnings results after the market closes on Monday, February 5th. Analysts expect the company to announce earnings of $0.27 per share for the quarter.

Capital Southwest (NASDAQ:CSWC) last issued its earnings results on Monday, November 6th. The asset manager reported $0.25 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.25. Capital Southwest had a return on equity of 5.09% and a net margin of 90.67%. On average, analysts expect Capital Southwest to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Capital Southwest (NASDAQ CSWC) opened at $16.60 on Monday. Capital Southwest has a fifty-two week low of $15.04 and a fifty-two week high of $17.76. The company has a debt-to-equity ratio of 0.19, a current ratio of 10.41 and a quick ratio of 10.42. The stock has a market capitalization of $265.44, a PE ratio of 9.54 and a beta of 0.53.

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Friday, December 15th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 6.27%. The ex-dividend date was Thursday, December 14th. This is a boost from Capital Southwest’s previous quarterly dividend of $0.24. Capital Southwest’s dividend payout ratio is presently 59.77%.

In related news, Director David R. Brooks purchased 2,000 shares of Capital Southwest stock in a transaction on Thursday, December 28th. The shares were purchased at an average price of $16.66 per share, for a total transaction of $33,320.00. Following the transaction, the director now owns 22,000 shares of the company’s stock, valued at approximately $366,520. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Douglas M. Kelley purchased 1,500 shares of Capital Southwest stock in a transaction on Monday, November 13th. The stock was bought at an average price of $17.00 per share, for a total transaction of $25,500.00. Following the transaction, the vice president now directly owns 66,135 shares in the company, valued at approximately $1,124,295. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 5,880 shares of company stock valued at $98,551. Insiders own 5.90% of the company’s stock.

CSWC has been the subject of a number of recent research reports. BidaskClub cut Capital Southwest from a “hold” rating to a “sell” rating in a report on Wednesday, December 20th. National Securities reaffirmed a “buy” rating and issued a $22.00 target price on shares of Capital Southwest in a report on Thursday, November 9th. Zacks Investment Research raised Capital Southwest from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 11th. Finally, Ladenburg Thalmann Financial Services initiated coverage on Capital Southwest in a report on Thursday, November 30th. They issued a “buy” rating and a $19.00 target price for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $20.00.

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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.

Earnings History for Capital Southwest (NASDAQ:CSWC)

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