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 Date6/1/2020 (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 declared a quarterly dividend on Wednesday, February 5th. Investors of record on Monday, March 16th will be paid a dividend of $0.41 per share on Tuesday, March 31st. This represents a $1.64 annualized dividend and a dividend yield of 7.98%. The ex-dividend date of this dividend is Friday, March 13th. This is a boost from Capital Southwest's previous quarterly dividend of $0.40. View Capital Southwest's Dividend History.
How were Capital Southwest's earnings last quarter?
Capital Southwest Co. (NASDAQ:CSWC) issued its quarterly earnings results on Monday, February, 3rd. The asset manager reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by $0.03. The asset manager earned $15.98 million during the quarter, compared to analyst estimates of $15.35 million. Capital Southwest had a net margin of 21.38% and a return on equity of 8.70%. View Capital Southwest's Earnings History.
When is Capital Southwest's next earnings date?
What price target have analysts set for CSWC?
5 brokerages have issued 12-month price objectives for Capital Southwest's stock. Their forecasts range from $22.00 to $24.00. On average, they expect Capital Southwest's share price to reach $23.10 in the next year. This suggests a possible upside of 12.4% from the stock's current price. View Analyst Price Targets for Capital Southwest.
What is the consensus analysts' recommendation for Capital Southwest?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capital Southwest in the last year. There are currently 1 hold rating and 4 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. " (2/3/2020)
- 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?
Press coverage about CSWC stock has been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Capital Southwest earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave media stories about the asset manager a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Capital Southwest.
Are investors shorting Capital Southwest?
Capital Southwest saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 78,400 shares, an increase of 87.6% from the December 31st total of 41,800 shares. Based on an average daily volume of 110,300 shares, the short-interest ratio is presently 0.7 days. Approximately 0.5% of the company's shares are sold short. 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 BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM) and Cohen & Steers (CNS).
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 many different of retail and institutional investors. Top institutional investors include Punch & Associates Investment Management Inc. (6.64%), Sanders Morris Harris LLC (5.10%), UBS Group AG (1.54%), Van ECK Associates Corp (0.96%), Virtus ETF Advisers LLC (0.87%) and Ariel Investments LLC (0.87%). Company insiders that own Capital Southwest stock include Christine Battist, David R Brooks, Jack D Furst and John H Wilson. 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 Punch & Associates Investment Management Inc., Ariel Investments LLC, Navellier & Associates Inc, Cavalier Investments LLC, Confluence Investment Management LLC, UBS Group AG, Advisors Asset Management Inc. and Connor Clark & Lunn Investment Management Ltd.. View Insider Buying and Selling for Capital Southwest.
Which institutional investors are buying Capital Southwest stock?
CSWC stock was acquired by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Marshall Wace LLP, Sanders Morris Harris LLC, Virtus ETF Advisers LLC, Marshall Wace North America L.P., California Public Employees Retirement System, Schonfeld Strategic Advisors LLC and Trexquant Investment LP. Company insiders that have bought Capital Southwest stock in the last two years include Christine Battist, David R Brooks, Jack D Furst and John H Wilson. 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, Robinhood, Fidelity and Charles Schwab.
What is Capital Southwest's stock price today?
One share of CSWC stock can currently be purchased for approximately $20.55.
How big of a company is Capital Southwest?
Capital Southwest has a market capitalization of $382.85 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)
MarketBeat's community ratings are surveys of what our community members think about Capital Southwest and other stocks. Vote "Outperform" if you believe CSWC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSWC will underperform the S&P 500 over the long term. You may vote once every thirty days.
