Capital Southwest Corporation (NASDAQ:CSWC) Receives $23.60 Consensus Target Price from Brokerages

Capital Southwest Corporation (NASDAQ:CSWC - Get Free Report) has received a consensus rating of "Buy" from the five brokerages that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $23.60.

Several analysts have recently weighed in on CSWC shares. B. Riley upgraded Capital Southwest to a "strong-buy" rating in a research report on Monday, June 16th. Wall Street Zen raised shares of Capital Southwest from a "sell" rating to a "hold" rating in a research report on Saturday, April 19th. Raymond James Financial reduced their target price on shares of Capital Southwest from $24.00 to $23.00 and set an "outperform" rating on the stock in a research report on Friday, May 16th. UBS Group decreased their price target on shares of Capital Southwest from $23.50 to $20.50 and set a "neutral" rating for the company in a research note on Thursday, April 17th. Finally, Citizens Jmp raised Capital Southwest from a "market perform" rating to an "outperform" rating and set a $25.00 price objective on the stock in a research note on Tuesday.

Institutional Investors Weigh In On Capital Southwest

Several large investors have recently modified their holdings of the business. Promus Capital LLC purchased a new position in Capital Southwest during the fourth quarter valued at approximately $30,000. Ameriflex Group Inc. bought a new stake in Capital Southwest during the 4th quarter valued at $33,000. Quarry LP increased its holdings in shares of Capital Southwest by 52.5% in the 4th 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 period. Nomura Asset Management Co. Ltd. raised its position in shares of 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 in the last quarter. Finally, Garde Capital Inc. purchased a new stake in shares of Capital Southwest during the 1st quarter worth $54,000. Institutional investors own 23.42% of the company's stock.

Capital Southwest Trading Down 0.9%

Shares of CSWC stock traded down $0.20 during trading hours on Tuesday, reaching $21.28. 795,871 shares of the stock were exchanged, compared to its average volume of 454,795. 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 has a 12-month low of $17.46 and a 12-month high of $27.23. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 14.38 and a beta of 0.94. The company's 50-day moving average price is $20.67 and its 200-day moving average price is $21.54.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last released its earnings results on Wednesday, May 14th. The asset manager reported $0.54 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 business had revenue of $52.34 million for the quarter, compared to the consensus estimate of $52.83 million. During the same period in the prior year, the company posted $0.68 EPS. As a group, equities analysts anticipate that Capital Southwest will post 2.54 earnings per share for the current year.

Capital Southwest Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a dividend of $0.1934 per share. This represents a $2.32 annualized dividend and a yield of 10.91%. The ex-dividend date is Monday, September 15th. Capital Southwest's payout ratio is 156.76%.

About Capital Southwest

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.