Capital Southwest Corporation (NASDAQ:CSWC) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Capital Southwest Corporation (NASDAQ:CSWC) have received an average recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $23.50.

CSWC has been the topic of a number of research reports. Weiss Ratings raised shares of Capital Southwest from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, January 28th. B. Riley Financial increased their price target on shares of Capital Southwest from $24.00 to $24.50 and gave the stock a “buy” rating in a research report on Friday, May 15th.

Capital Southwest Price Performance

NASDAQ CSWC opened at $23.08 on Friday. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 12.15 and a beta of 0.71. Capital Southwest has a 1-year low of $19.37 and a 1-year high of $24.43. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.11 and a quick ratio of 0.15. The business’s fifty day moving average price is $22.93 and its 200-day moving average price is $22.45.

Capital Southwest Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.1934 dividend. This represents a c) dividend on an annualized basis and a yield of 10.1%. The ex-dividend date of this dividend is Monday, June 15th. Capital Southwest’s dividend payout ratio (DPR) is currently 122.11%.

Institutional Trading of Capital Southwest

A number of hedge funds and other institutional investors have recently bought and sold shares of CSWC. Triumph Capital Management purchased a new position in shares of Capital Southwest during the 3rd quarter valued at about $28,000. Tower Research Capital LLC TRC increased its holdings in Capital Southwest by 13,307.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,877 shares of the asset manager’s stock worth $41,000 after acquiring an additional 1,863 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in Capital Southwest during the 3rd quarter worth approximately $48,000. Osbon Capital Management LLC bought a new stake in Capital Southwest during the 4th quarter worth approximately $55,000. Finally, CENTRAL TRUST Co purchased a new position in Capital Southwest during the first quarter valued at approximately $60,000. Hedge funds and other institutional investors own 23.42% of the company’s stock.

Capital Southwest Company Profile

Capital Southwest (NASDAQ: CSWC) is a publicly traded investment firm structured as a business development company (BDC) that provides customized financing solutions to middle-market companies across the United States. The firm offers a spectrum of debt and equity capital, including senior secured loans, mezzanine debt, and both preferred and common equity investments. By partnering with corporate management teams, Capital Southwest seeks to support growth initiatives, recapitalizations, acquisitions, and ownership transitions.

Founded in 1961 and headquartered in Dallas, Texas, Capital Southwest has cultivated a track record of long-term partnerships with privately held businesses and select public companies.