Capital Southwest Corporation (NASDAQ:CSWC) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Capital Southwest Corporation (NASDAQ:CSWC) have earned a consensus recommendation of “Moderate Buy” from the ten brokerages that are covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $23.6429.

A number of equities analysts have issued reports on CSWC shares. Loop Capital reaffirmed a “buy” rating and set a $23.00 price objective on shares of Capital Southwest in a report on Wednesday, November 5th. Capital One Financial set a $22.00 target price on shares of Capital Southwest in a report on Tuesday, November 4th. Noble Financial upgraded shares of Capital Southwest to a “buy” rating in a report on Wednesday, November 5th. Zacks Research raised shares of Capital Southwest from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Finally, UBS Group decreased their price objective on shares of Capital Southwest from $23.00 to $21.50 and set a “neutral” rating for the company in a research note on Tuesday, October 14th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CSWC. Cozad Asset Management Inc. boosted its stake in Capital Southwest by 1.0% in the 3rd quarter. Cozad Asset Management Inc. now owns 49,676 shares of the asset manager’s stock worth $1,086,000 after purchasing an additional 515 shares during the period. Confluence Investment Management LLC lifted its holdings in shares of Capital Southwest by 0.6% in the second quarter. Confluence Investment Management LLC now owns 102,107 shares of the asset manager’s stock worth $2,250,000 after buying an additional 585 shares in the last quarter. CWM LLC boosted its position in shares of Capital Southwest by 26.6% in the second quarter. CWM LLC now owns 2,930 shares of the asset manager’s stock valued at $65,000 after acquiring an additional 615 shares during the period. Union Bancaire Privee UBP SA boosted its position in shares of Capital Southwest by 5.1% in the second quarter. Union Bancaire Privee UBP SA now owns 14,349 shares of the asset manager’s stock valued at $316,000 after acquiring an additional 694 shares during the period. Finally, Apollon Wealth Management LLC grew its stake in Capital Southwest by 3.2% during the third quarter. Apollon Wealth Management LLC now owns 24,551 shares of the asset manager’s stock valued at $537,000 after acquiring an additional 754 shares in the last quarter. Hedge funds and other institutional investors own 23.42% of the company’s stock.

Capital Southwest Stock Performance

Shares of Capital Southwest stock opened at $22.98 on Friday. Capital Southwest has a 52 week low of $17.46 and a 52 week high of $23.86. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.26. The business has a 50 day moving average price of $21.54 and a 200-day moving average price of $21.97. The company has a market cap of $1.32 billion, a PE ratio of 14.27 and a beta of 0.76.

Capital Southwest (NASDAQ:CSWC) last announced its earnings results on Monday, November 3rd. The asset manager reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.01). Capital Southwest had a net margin of 39.79% and a return on equity of 13.64%. The company had revenue of $56.95 million for the quarter, compared to analysts’ expectations of $55.37 million. During the same period in the previous year, the firm earned $0.66 EPS. Equities analysts anticipate that Capital Southwest will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be given a dividend of $0.1934 per share. This represents a c) dividend on an annualized basis and a dividend yield of 10.1%. The ex-dividend date of this dividend is Friday, March 13th. Capital Southwest’s dividend payout ratio (DPR) is presently 144.10%.

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.