Capital Southwest Co. (NASDAQ:CSWC) Expected to Post Earnings of $0.48 Per Share

Equities research analysts expect Capital Southwest Co. (NASDAQ:CSWC – Get Rating) to post earnings per share (EPS) of $0.48 for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Capital Southwest’s earnings. The lowest EPS estimate is $0.46 and the highest is $0.49. Capital Southwest reported earnings per share of $0.39 in the same quarter last year, which suggests a positive year over year growth rate of 23.1%. The firm is expected to announce its next earnings results after the market closes on Monday, January 1st.

On average, analysts expect that Capital Southwest will report full-year earnings of $1.87 per share for the current financial year, with EPS estimates ranging from $1.83 to $1.90. For the next year, analysts expect that the firm will post earnings of $1.97 per share, with EPS estimates ranging from $1.85 to $2.10. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Capital Southwest.

Capital Southwest (NASDAQ:CSWC – Get Rating) last issued its earnings results on Monday, January 31st. The asset manager reported $0.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.04. The company had revenue of $22.31 million for the quarter, compared to analysts’ expectations of $20.62 million. Capital Southwest had a net margin of 42.58% and a return on equity of 10.50%. During the same quarter last year, the company posted $0.45 earnings per share.

Several research analysts have recently weighed in on CSWC shares. TheStreet cut shares of Capital Southwest from a “b-” rating to a “c” rating in a research note on Friday, February 4th. Zacks Investment Research cut Capital Southwest from a “buy” rating to a “hold” rating in a research report on Monday, February 7th. StockNews.com initiated coverage on Capital Southwest in a research report on Thursday, March 31st. They set a “hold” rating for the company. Finally, Hovde Group cut Capital Southwest from an “outperform” rating to a “market perform” rating in a research report on Wednesday, March 23rd. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Capital Southwest has an average rating of “Hold” and an average target price of $27.33.

Shares of Capital Southwest stock opened at $23.70 on Friday. The company’s fifty day simple moving average is $23.75 and its 200-day simple moving average is $25.29. The stock has a market capitalization of $567.05 million, a PE ratio of 15.39 and a beta of 1.17. Capital Southwest has a 1-year low of $22.52 and a 1-year high of $28.41. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.10 and a quick ratio of 0.10.

The company also recently declared a quarterly dividend, which was paid on Thursday, March 31st. Shareholders of record on Tuesday, March 15th were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 8.10%. The ex-dividend date of this dividend was Monday, March 14th. This is a boost from Capital Southwest’s previous quarterly dividend of $0.47. Capital Southwest’s dividend payout ratio (DPR) is currently 124.68%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Total Clarity Wealth Management Inc. grew its holdings in Capital Southwest by 14.0% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 3,136 shares of the asset manager’s stock valued at $79,000 after buying an additional 386 shares in the last quarter. Confluence Investment Management LLC lifted its stake in shares of Capital Southwest by 0.4% in the 4th quarter. Confluence Investment Management LLC now owns 107,296 shares of the asset manager’s stock valued at $2,713,000 after purchasing an additional 398 shares during the last quarter. Quadrature Capital Ltd lifted its stake in shares of Capital Southwest by 1.6% in the 3rd quarter. Quadrature Capital Ltd now owns 28,790 shares of the asset manager’s stock valued at $725,000 after purchasing an additional 455 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Capital Southwest by 3.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 14,369 shares of the asset manager’s stock valued at $363,000 after purchasing an additional 461 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in shares of Capital Southwest by 2.6% in the 4th quarter. Kestra Advisory Services LLC now owns 32,480 shares of the asset manager’s stock valued at $821,000 after purchasing an additional 819 shares during the last quarter. Institutional investors and hedge funds own 23.94% of the company’s stock.

Capital Southwest Company Profile (Get Rating)

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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