Analysts Set Capital Southwest Corporation (NASDAQ:CSWC) Price Target at $24.00

Shares of Capital Southwest Corporation (NASDAQ:CSWC - Get Free Report) have been given a consensus rating of "Buy" by the six brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on 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 equities research analysts recently weighed in on the company. JMP Securities upgraded Capital Southwest from a "market perform" rating to a "market outperform" rating and set a $25.00 price objective on the stock in a research report on Tuesday, June 24th. Citigroup raised Capital Southwest to an "outperform" rating in a research note on Tuesday, June 24th. Wall Street Zen raised Capital Southwest from a "sell" rating to a "hold" rating in a research note on Saturday, April 19th. Raymond James Financial decreased their price objective on Capital Southwest from $24.00 to $23.00 and set an "outperform" rating for the company in a report on Friday, May 16th. Finally, Citizens Jmp raised Capital Southwest from a "market perform" rating to an "outperform" rating and set a $25.00 target price for the company in a report on Tuesday, June 24th.

Institutional Trading of Capital Southwest

Several large investors have recently bought and sold shares of CSWC. Fortitude Family Office LLC purchased a new position in Capital Southwest in the 2nd quarter worth approximately $31,000. Ameriflex Group Inc. purchased a new position in Capital Southwest in the 4th quarter worth approximately $33,000. Quarry LP raised its holdings in Capital Southwest by 52.5% in the 4th quarter. Quarry LP now owns 2,126 shares of the asset manager's stock worth $46,000 after acquiring an additional 732 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in Capital Southwest by 243.2% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager's stock worth $48,000 after acquiring an additional 1,571 shares during the last quarter. Finally, Garde Capital Inc. purchased a new position in Capital Southwest in the 1st quarter worth approximately $54,000. 23.42% of the stock is owned by institutional investors.

Capital Southwest Stock Up 0.0%

CSWC stock traded up $0.01 during mid-day trading on Friday, reaching $23.26. The company had a trading volume of 305,556 shares, compared to its average volume of 481,601. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.18 and a quick ratio of 0.18. The stock has a 50 day simple moving average of $21.58 and a two-hundred day simple moving average of $21.66. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 15.72 and a beta of 0.95. Capital Southwest has a 52 week low of $17.46 and a 52 week high of $26.21.

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

Capital Southwest Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a dividend of $0.1934 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $2.32 annualized dividend and a yield of 9.98%. Capital Southwest's payout ratio is 156.76%.

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.