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, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.
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Industry, Sector and Symbol
Industry Investors, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Phone214-238-5700
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$51.88 million
Profitability
Miscellaneous
Employees21
Next Earnings Date8/5/2019 (Estimated)
OptionableOptionable
Capital Southwest (NASDAQ:CSWC) Frequently Asked Questions
What is Capital Southwest's stock symbol?
Capital Southwest trades on the NASDAQ under the ticker symbol "CSWC."
How often does Capital Southwest pay dividends? What is the dividend yield for Capital Southwest?
Capital Southwest announced a quarterly dividend on Thursday, May 30th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.39 per share on Friday, June 28th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.24%. The ex-dividend date is Thursday, June 13th. This is a positive change from Capital Southwest's previous quarterly dividend of $0.38. View Capital Southwest's Dividend History.
How were Capital Southwest's earnings last quarter?
Capital Southwest Co. (NASDAQ:CSWC) issued its quarterly earnings data on Monday, June, 3rd. The asset manager reported $0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.40. The asset manager had revenue of $14.31 million for the quarter, compared to analyst estimates of $14.25 million. Capital Southwest had a net margin of 68.26% and a return on equity of 7.53%. View Capital Southwest's Earnings History.
When is Capital Southwest's next earnings date?
What price target have analysts set for CSWC?
3 Wall Street analysts have issued 12-month target prices for Capital Southwest's shares. Their predictions range from $23.00 to $24.00. On average, they anticipate Capital Southwest's stock price to reach $23.3333 in the next year. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Price Targets for Capital Southwest.
What is the consensus analysts' recommendation for Capital Southwest?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capital Southwest in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Capital Southwest.
What are Wall Street analysts saying about Capital Southwest stock?
Here are some recent quotes from research analysts about Capital Southwest stock:
- 1. According to Zacks Investment Research, "Capital Southwest Corporation is a venture capital investment company whose objective is to achieve capital appreciation through long-term investments in businesses believed to have favorable growth potential. The Company's investments are focused on early-stage financings, expansion financings, management buyouts and recapitalizations in a broad range of industry segments. The portfolio is a composite of companies in which the Company has major interests as well as a number of developing companies and marketable securities of established publicly-owned companies. " (6/7/2019)
- 2. National Securities analysts commented, " CSWC posted core NII/share of $0.42 for the quarter, matching our estimate. The quarterly base dividend was bumped up a penny per share to $0.39/share from $0.38/share previously. As a reminder, the company is paying a $0.10/share supplemental dividend each quarter in addition to the base dividend. CSWC ended F2019 with UTI/share of $1.14, meaning that even if Media Recovery wasn’t monetized and there was no further UTI build through NII in excess of dividends that the company could pay the supplemental dividend for over 10 more quarters.
As a reminder, Deepwater Corrosion Services was sold last quarter for a $1.7mm realized gain. Management is still targeting the sale of Media Recovery by the end of calendar 2019 and we model it to be sold at current marks during the 9/30/19 quarter with roughly half the proceeds being paid out the subsequent quarter and the remainder being used to further pad UTI for continued supplemental dividends.
The only non-accrual, AG King Holdings, was written down slightly more on the quarter as was Premier Global and American Addiction. The latter two names are syndicated investments and in the case of American Addiction, EBITDA declined significantly enough to push up the weighted average portfolio attachment point to 4.80x from 3.80x Q/Q.
We expect CSWC to have strong portfolio growth through F2020 and F2021. We think the ATM will be used sparingly and think management will ramp its balance sheet leverage significantly, boosting ROE and generating double-digit economic returns the next two fiscal years, by our estimates.
We are revising our fiscal 2020 core NII/share estimate to $1.73 from $1.75 and are rolling out our fiscal 2021 core NII/share estimate of $1.84. We are maintaining our BUY rating and our $24 price target." (6/4/2019)
Has Capital Southwest been receiving favorable news coverage?
Media coverage about CSWC stock has trended very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Capital Southwest earned a coverage optimism score of -3.1 on InfoTrie's scale. They also assigned news headlines about the asset manager a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Capital Southwest.
Are investors shorting Capital Southwest?
Capital Southwest saw a decline in short interest during the month of May. As of May 31st, there was short interest totalling 76,900 shares, a decline of 11.4% from the April 30th total of 86,800 shares. Based on an average trading volume of 68,300 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.5% of the shares of the company are short sold. View Capital Southwest's Current Options Chain.
Who are some of Capital Southwest's key competitors?
Some companies that are related to Capital Southwest include TPG Specialty Lending (TSLX), New Mountain Finance (NMFC), Golub Capital BDC (GBDC), Pennantpark Floating Rate Capital (PFLT), PennantPark Investment (PNNT), Gladstone Investment (GAIN), Triplepoint Venture Growth BDC (TPVG), Stellus Capital Investment (SCM), Safeguard Scientifics (SFE), Oaktree Strategic Income (OCSI), Arlington Asset Investment (AI), THL Credit (TCRD), Allied Minds (ALLWF), OFS Capital (OFS) and Capitala Finance (CPTA).
What other stocks do shareholders of Capital Southwest own?
Who are Capital Southwest's key executives?
Capital Southwest's management team includes the folowing people:
- Mr. Bowen S. Diehl, Pres, CEO & Director (Age 50)
- Mr. Michael Scott Sarner, Treasurer, Sec., Chief Compliance Officer & CFO (Age 46)
- Mr. Douglas M. Kelley, Managing Director
- Mr. Joshua S. Weinstein CFA, Managing Director
- Mr. Matthew Darrah, Principal
Who are Capital Southwest's major shareholders?
Capital Southwest's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Punch & Associates Investment Management Inc. (8.68%), Zuckerman Investment Group LLC (8.19%), Sanders Morris Harris LLC (5.29%), First Manhattan Co. (3.68%), River Road Asset Management LLC (3.48%) and Grace & White Inc. NY (0.71%). Company insiders that own Capital Southwest stock include Christine Battist, David R Brooks, Douglas M Kelley, Jack D Furst, John H Wilson, Joseph B Armes, Michael Scott Sarner, Moab Capital Partners Llc and Thomas Duane Morgan. View Institutional Ownership Trends for Capital Southwest.
Which institutional investors are selling Capital Southwest stock?
CSWC stock was sold by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Punch & Associates Investment Management Inc., Raymond James & Associates, National Asset Management Inc., First Manhattan Co., Zuckerman Investment Group LLC, Grace & White Inc. NY and Sumitomo Mitsui Asset Management Company LTD. View Insider Buying and Selling for Capital Southwest.
Which institutional investors are buying Capital Southwest stock?
CSWC stock was bought by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC, Advisor Group Inc., Brasada Capital Management LP, Cavalier Investments LLC, Connor Clark & Lunn Investment Management Ltd., Steinberg Global Asset Management, Confluence Investment Management LLC and Wedbush Securities Inc.. Company insiders that have bought Capital Southwest stock in the last two years include Christine Battist, David R Brooks, Douglas M Kelley, Jack D Furst, John H Wilson, Michael Scott Sarner and Thomas Duane Morgan. View Insider Buying and Selling for Capital Southwest.
How do I buy shares of Capital Southwest?
Shares of CSWC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Capital Southwest's stock price today?
One share of CSWC stock can currently be purchased for approximately $21.55.
How big of a company is Capital Southwest?
Capital Southwest has a market capitalization of $371.31 million and generates $51.88 million in revenue each year. The asset manager earns $33.06 million in net income (profit) each year or $1.42 on an earnings per share basis. Capital Southwest employs 21 workers across the globe.View Additional Information About Capital Southwest.
What is Capital Southwest's official website?
How can I contact Capital Southwest?
Capital Southwest's mailing address is 5400 LYNDON B JOHNSON FREEWAY SUITE 1300, DALLAS TX, 75240. The asset manager can be reached via phone at 214-238-5700 or via email at [email protected]
MarketBeat Community Rating for Capital Southwest (NASDAQ CSWC)
| Community Ranking: | | 2.5 out of 5 (  ) |
| Outperform Votes: | | 159 (Thanks for Voting!) |
| Underperform Votes: | | 154 (Thanks for Voting!) |
| Total Votes: | | 313 |
