Capital Southwest (CSWC) Set to Announce Quarterly Earnings on Monday

Capital Southwest (NASDAQ:CSWC) is scheduled to issue its quarterly earnings data after the market closes on Monday, August 3rd. Analysts expect the company to announce earnings of $0.38 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Capital Southwest (NASDAQ:CSWC) last announced its quarterly earnings data on Monday, June 1st. The asset manager reported $0.39 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.39. The business had revenue of $15.04 million during the quarter, compared to analyst estimates of $15.54 million. Capital Southwest had a positive return on equity of 9.10% and a negative net margin of 36.03%. On average, analysts expect Capital Southwest to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Capital Southwest stock opened at $13.31 on Friday. The stock’s fifty day moving average is $13.50 and its 200-day moving average is $15.02. The firm has a market capitalization of $239.58 million, a PE ratio of -10.73 and a beta of 0.86. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.57. Capital Southwest has a 12-month low of $7.39 and a 12-month high of $22.90.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 12.32%. The ex-dividend date is Monday, September 14th. Capital Southwest’s dividend payout ratio (DPR) is presently 104.46%.

CSWC has been the topic of a number of recent analyst reports. JMP Securities cut their target price on Capital Southwest from $22.50 to $17.00 and set an “outperform” rating on the stock in a research report on Thursday, June 4th. Zacks Investment Research raised Capital Southwest from a “sell” rating to a “hold” rating in a research report on Monday, June 15th. Finally, BidaskClub lowered Capital Southwest from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. Capital Southwest presently has an average rating of “Hold” and a consensus price target of $22.25.

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, 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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Earnings History for Capital Southwest (NASDAQ:CSWC)

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