Capital Southwest Corporation (NASDAQ:CSWC) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Capital Southwest Corporation (NASDAQ:CSWC) have been given an average rating of “Moderate Buy” by the ten analysts that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $23.6429.

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

Capital Southwest Trading Up 0.6%

Shares of Capital Southwest stock opened at $23.39 on Wednesday. Capital Southwest has a 1 year low of $17.46 and a 1 year high of $23.86. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.15 and a quick ratio of 0.15. The business has a 50 day moving average price of $22.60 and a 200 day moving average price of $22.05. The company has a market capitalization of $1.41 billion, a P/E ratio of 12.92 and a beta of 0.76.

Capital Southwest (NASDAQ:CSWC) last released its quarterly earnings results on Monday, February 2nd. The asset manager reported $0.64 earnings per share for the quarter, hitting the consensus estimate of $0.64. Capital Southwest had a return on equity of 13.76% and a net margin of 45.46%.The company had revenue of $61.45 million during the quarter, compared to the consensus estimate of $57.37 million. During the same quarter last year, the business posted $0.63 earnings per share. Sell-side analysts anticipate that Capital Southwest will post 2.54 EPS for the current fiscal year.

Capital Southwest Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a dividend of $0.1934 per share. This represents a c) annualized dividend and a dividend yield of 9.9%. The ex-dividend date is Friday, March 13th. Capital Southwest’s dividend payout ratio is presently 128.18%.

Hedge Funds Weigh In On Capital Southwest

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada grew its holdings in shares of Capital Southwest by 13.4% during the 1st quarter. Royal Bank of Canada now owns 69,139 shares of the asset manager’s stock worth $1,544,000 after purchasing an additional 8,188 shares during the period. Goldman Sachs Group Inc. lifted its position in Capital Southwest by 246.5% during the first quarter. Goldman Sachs Group Inc. now owns 257,672 shares of the asset manager’s stock valued at $5,751,000 after buying an additional 183,313 shares in the last quarter. Caxton Associates LLP purchased a new stake in Capital Southwest during the first quarter worth approximately $318,000. Columbus Macro LLC acquired a new stake in shares of Capital Southwest in the second quarter worth $6,407,000. Finally, Tectonic Advisors LLC increased its position in shares of Capital Southwest by 18.4% in the second quarter. Tectonic Advisors LLC now owns 521,686 shares of the asset manager’s stock worth $11,498,000 after acquiring an additional 81,213 shares in the last quarter. Institutional investors and hedge funds own 23.42% of the company’s stock.

About Capital Southwest

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.