Capital Southwest (CSWC) Scheduled to Post Earnings on Monday

Capital Southwest (NASDAQ:CSWC – Get Rating) will be issuing its quarterly earnings data after the market closes on Monday, January 30th. Analysts expect the company to announce earnings of $0.57 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Capital Southwest (NASDAQ:CSWC – Get Rating) last issued its earnings results on Monday, October 31st. The asset manager reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.01). Capital Southwest had a return on equity of 11.70% and a net margin of 47.69%. The firm had revenue of $26.80 million for the quarter, compared to analyst estimates of $25.81 million. On average, analysts expect Capital Southwest to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Capital Southwest Price Performance

NASDAQ CSWC remained flat at $18.76 on Tuesday. 247,114 shares of the company’s stock traded hands, compared to its average volume of 239,314. The stock has a market capitalization of $553.80 million, a P/E ratio of 10.31 and a beta of 1.11. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.16 and a quick ratio of 0.16. The business has a 50 day simple moving average of $17.89 and a two-hundred day simple moving average of $18.51. Capital Southwest has a 1 year low of $16.28 and a 1 year high of $26.61.

Institutional Trading of Capital Southwest

Hedge funds have recently added to or reduced their stakes in the company. Millennium Management LLC increased its position in Capital Southwest by 420.5% during the 2nd quarter. Millennium Management LLC now owns 755,686 shares of the asset manager’s stock worth $13,920,000 after buying an additional 610,502 shares during the period. BlackRock Inc. increased its position in Capital Southwest by 29.4% during the third quarter. BlackRock Inc. now owns 205,292 shares of the asset manager’s stock worth $3,477,000 after acquiring an additional 46,689 shares during the period. Advisors Asset Management Inc. increased its position in Capital Southwest by 5.7% during the first quarter. Advisors Asset Management Inc. now owns 196,419 shares of the asset manager’s stock worth $4,661,000 after acquiring an additional 10,650 shares during the period. Legal & General Group Plc boosted its holdings in Capital Southwest by 9.6% in the 2nd quarter. Legal & General Group Plc now owns 140,274 shares of the asset manager’s stock valued at $2,584,000 after purchasing an additional 12,273 shares during the period. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Capital Southwest during the 2nd quarter worth approximately $1,744,000. 26.36% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. TheStreet raised shares of Capital Southwest from a “c” rating to a “b-” rating in a report on Wednesday, November 23rd. Hovde Group cut their price objective on Capital Southwest to $21.00 in a research report on Wednesday, October 5th. StockNews.com initiated coverage on Capital Southwest in a research note on Wednesday, October 12th. They set a “hold” rating for the company. JMP Securities dropped their price target on Capital Southwest from $25.00 to $22.00 and set a “market outperform” rating on the stock in a research note on Wednesday, November 2nd. Finally, B. Riley raised shares of Capital Southwest from a “neutral” rating to a “buy” rating and set a $20.00 price objective for the company in a research report on Friday, December 9th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Capital Southwest currently has an average rating of “Moderate Buy” and a consensus price target of $21.50.

Capital Southwest Company Profile

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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.