Equities analysts expect that Capital Southwest Co. (NASDAQ:CSWC) will post earnings of $0.26 per share for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Capital Southwest’s earnings, with the lowest EPS estimate coming in at $0.25 and the highest estimate coming in at $0.27. Capital Southwest reported earnings of $0.21 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 23.8%. The firm is expected to report its next earnings results on Monday, February 5th.
On average, analysts expect that Capital Southwest will report full year earnings of $1.01 per share for the current fiscal year, with EPS estimates ranging from $1.00 to $1.03. For the next financial year, analysts expect that the company will post earnings of $1.29 per share, with EPS estimates ranging from $1.20 to $1.33. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that follow Capital Southwest.
CSWC has been the subject of several research reports. BidaskClub raised shares of Capital Southwest from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. National Securities reissued a “buy” rating and set a $22.00 price objective on shares of Capital Southwest in a research note on Friday, August 11th. Ladenburg Thalmann Financial Services initiated coverage on shares of Capital Southwest in a research note on Thursday, November 30th. They set a “buy” rating and a $19.00 price objective for the company. Zacks Investment Research raised shares of Capital Southwest from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 11th. Finally, Robert W. Baird initiated coverage on shares of Capital Southwest in a research note on Wednesday, August 30th. They set an “outperform” rating and a $19.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Capital Southwest presently has a consensus rating of “Buy” and a consensus target price of $20.00.
In related news, VP Douglas M. Kelley acquired 1,500 shares of the stock in a transaction dated Monday, November 13th. The stock was bought at an average cost of $17.00 per share, with a total value of $25,500.00. Following the purchase, the vice president now directly owns 66,135 shares of the company’s stock, valued at $1,124,295. The transaction was disclosed in a filing with the SEC, which is available through this link. 5.90% of the stock is owned by insiders.
A number of institutional investors have recently made changes to their positions in the stock. Punch & Associates Investment Management Inc. boosted its position in Capital Southwest by 4.7% during the 2nd quarter. Punch & Associates Investment Management Inc. now owns 1,784,841 shares of the asset manager’s stock worth $28,700,000 after purchasing an additional 79,522 shares during the period. Zuckerman Investment Group LLC boosted its position in Capital Southwest by 6.9% during the 3rd quarter. Zuckerman Investment Group LLC now owns 1,356,695 shares of the asset manager’s stock worth $23,240,000 after purchasing an additional 87,408 shares during the period. Russell Investments Group Ltd. boosted its position in Capital Southwest by 1.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 114,753 shares of the asset manager’s stock worth $1,846,000 after purchasing an additional 1,937 shares during the period. New York State Common Retirement Fund boosted its position in Capital Southwest by 12.3% during the 2nd quarter. New York State Common Retirement Fund now owns 103,139 shares of the asset manager’s stock worth $1,658,000 after purchasing an additional 11,299 shares during the period. Finally, Cove Street Capital LLC boosted its position in Capital Southwest by 9.5% during the 2nd quarter. Cove Street Capital LLC now owns 95,657 shares of the asset manager’s stock worth $1,538,000 after purchasing an additional 8,300 shares during the period. 60.03% of the stock is owned by hedge funds and other institutional investors.
Shares of Capital Southwest (NASDAQ:CSWC) opened at $17.07 on Friday. Capital Southwest has a 12 month low of $15.04 and a 12 month high of $17.76. The company has a market cap of $272.81, a P/E ratio of 18.92 and a beta of -0.55. The company has a quick ratio of 10.42, a current ratio of 10.41 and a debt-to-equity ratio of 0.19.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 15th will be paid a dividend of $0.26 per share. The ex-dividend date is Thursday, December 14th. This is a boost from Capital Southwest’s previous quarterly dividend of $0.24. This represents a $1.04 annualized dividend and a dividend yield of 6.09%. Capital Southwest’s payout ratio is currently 55.49%.
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Capital Southwest Company Profile
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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