Capital Southwest (CSWC) to Release Earnings on Monday

Capital Southwest (NASDAQ:CSWC) is set to issue its quarterly earnings data after the market closes on Monday, October 28th. Analysts expect the company to announce earnings of $0.66 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Capital Southwest (NASDAQ:CSWC) last announced its quarterly earnings results on Monday, August 5th. The asset manager reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.03). Capital Southwest had a return on equity of 15.70% and a net margin of 38.92%. The business had revenue of $51.35 million during the quarter, compared to the consensus estimate of $49.31 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 opened at $25.63 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.12 and a current ratio of 0.12. Capital Southwest has a 52-week low of $20.72 and a 52-week high of $27.23. The business has a 50 day simple moving average of $25.20 and a 200 day simple moving average of $25.53. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 12.50 and a beta of 1.24.

Capital Southwest Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were issued a dividend of $0.64 per share. The ex-dividend date was Friday, September 13th. This is an increase from Capital Southwest’s previous quarterly dividend of $0.57. This represents a $2.56 dividend on an annualized basis and a dividend yield of 9.99%. Capital Southwest’s dividend payout ratio (DPR) is presently 113.17%.

Analyst Ratings Changes

Separately, B. Riley cut their price target on shares of Capital Southwest from $25.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 7th.

About Capital Southwest

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, industry consolidation, recapitalizations and growth capital investments.