Capital Southwest Corporation (NASDAQ:CSWC) Receives $24.00 Consensus PT from Analysts

Capital Southwest Corporation (NASDAQ:CSWC - Get Free Report) has received a consensus rating of "Buy" from the six research firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $24.00.

A number of analysts have recently weighed in on the stock. UBS Group increased their price objective on shares of Capital Southwest from $21.00 to $22.50 and gave the stock a "neutral" rating in a research note on Wednesday, July 16th. B. Riley raised Capital Southwest to a "strong-buy" rating in a report on Monday, June 16th. Wall Street Zen upgraded Capital Southwest from a "sell" rating to a "hold" rating in a research report on Saturday, April 19th. JMP Securities raised shares of Capital Southwest from a "market perform" rating to a "market outperform" rating and set a $25.00 target price for the company in a report on Tuesday, June 24th. Finally, Citizens Jmp upgraded shares of Capital Southwest from a "market perform" rating to an "outperform" rating and set a $25.00 price target on the stock in a research report on Tuesday, June 24th.

Capital Southwest Trading Up 0.3%

Shares of NASDAQ CSWC traded up $0.08 during trading hours on Friday, hitting $23.10. 406,223 shares of the company traded hands, compared to its average volume of 482,209. The company's 50 day moving average price is $21.63 and its 200 day moving average price is $21.66. Capital Southwest has a 12 month low of $17.46 and a 12 month high of $26.07. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 15.61 and a beta of 0.95. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.58.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last announced its quarterly earnings results on Wednesday, May 14th. The asset manager reported $0.54 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.62 by ($0.08). Capital Southwest had a net margin of 34.51% and a return on equity of 14.40%. The firm had revenue of $52.34 million during the quarter, compared to analysts' expectations of $52.83 million. During the same quarter in the previous year, the firm posted $0.68 EPS. On average, equities research analysts anticipate that Capital Southwest will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a $0.1934 dividend. This represents a $2.32 annualized dividend and a dividend yield of 10.05%. The ex-dividend date is Monday, September 15th. Capital Southwest's dividend payout ratio (DPR) is presently 156.76%.

Institutional Investors Weigh In On Capital Southwest

Several institutional investors have recently modified their holdings of CSWC. Fortitude Family Office LLC acquired a new stake in Capital Southwest during the 2nd quarter valued at $31,000. Ameriflex Group Inc. purchased a new stake in shares of Capital Southwest in the fourth quarter valued at $33,000. Quarry LP boosted its stake in shares of Capital Southwest by 52.5% during the fourth quarter. Quarry LP now owns 2,126 shares of the asset manager's stock valued at $46,000 after acquiring an additional 732 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its position in Capital Southwest by 243.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager's stock worth $48,000 after purchasing an additional 1,571 shares in the last quarter. Finally, Garde Capital Inc. acquired a new position in Capital Southwest in the 1st quarter valued at about $54,000. Hedge funds and other institutional investors own 23.42% of the company's stock.

Capital Southwest Company Profile

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, industry consolidation, recapitalizations and growth capital investments.