Brokerages Set Capital Southwest Corporation (NASDAQ:CSWC) PT at $24.30

Key Points

• Capital Southwest Corporation (NASDAQ:CSWC) currently holds a consensus rating of "Moderate Buy" from six analysts, with an average price target of $24.30.
• The company recently declared a monthly dividend of $0.1934, which represents an annualized yield of 10.2%.
• In its latest earnings report, Capital Southwest reported earnings of $0.59 per share, matching analyst expectations and generating $55.95 million in revenue.

Capital Southwest Corporation (NASDAQ:CSWC - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the six ratings firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $24.30.

A number of equities research analysts recently commented on the company. UBS Group increased their price target on Capital Southwest from $21.00 to $22.50 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. B. Riley increased their price objective on Capital Southwest from $23.50 to $24.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Citigroup upgraded Capital Southwest to an "outperform" rating in a research report on Tuesday, June 24th. Raymond James Financial increased their price objective on Capital Southwest from $23.00 to $25.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. Finally, Citizens Jmp upgraded Capital Southwest from a "market perform" rating to an "outperform" rating and set a $25.00 price objective on the stock in a research report on Tuesday, June 24th.

Capital Southwest Price Performance

Shares of CSWC traded down $0.38 during mid-day trading on Wednesday, reaching $22.46. The company had a trading volume of 585,633 shares, compared to its average volume of 585,193. The company has a market capitalization of $1.25 billion, a P/E ratio of 13.61 and a beta of 0.98. Capital Southwest has a twelve month low of $17.46 and a twelve month high of $25.90. The company's 50-day moving average is $22.37 and its 200-day moving average is $21.74. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.19 and a quick ratio of 0.19.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The asset manager reported $0.59 EPS for the quarter, hitting analysts' consensus estimates of $0.59. The business had revenue of $55.95 million for the quarter, compared to analyst estimates of $54.36 million. Capital Southwest had a return on equity of 14.17% and a net margin of 39.95%. During the same period in the prior year, the company earned $0.69 EPS. On average, equities analysts anticipate that Capital Southwest will post 2.54 EPS for the current year.

Capital Southwest Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a $0.1934 dividend. This represents a c) annualized dividend and a dividend yield of 10.3%. The ex-dividend date is Monday, September 15th. Capital Southwest's dividend payout ratio (DPR) is currently 140.61%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Fortitude Family Office LLC bought a new position in shares of Capital Southwest in the 2nd quarter worth $31,000. Ameriflex Group Inc. bought a new position in shares of Capital Southwest in the 4th quarter worth $33,000. Tower Research Capital LLC TRC boosted its position in shares of Capital Southwest by 13,307.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,877 shares of the asset manager's stock worth $41,000 after purchasing an additional 1,863 shares during the last quarter. Quarry LP raised its stake in Capital Southwest by 52.5% during the 4th quarter. Quarry LP now owns 2,126 shares of the asset manager's stock worth $46,000 after buying an additional 732 shares during the period. Finally, Nomura Asset Management Co. Ltd. raised its stake in Capital Southwest by 58.5% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 2,135 shares of the asset manager's stock worth $47,000 after buying an additional 788 shares during the period. 23.42% of the stock is currently owned by institutional investors.

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.