Brokerages Set Capital Southwest Corporation (NASDAQ:CSWC) Price Target at $23.50

Shares of Capital Southwest Corporation (NASDAQ:CSWCGet Free Report) have been assigned a consensus rating of “Moderate Buy” from the nine analysts that are presently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $23.50.

Separately, B. Riley Financial lifted their price target on shares of Capital Southwest from $24.00 to $24.50 and gave the company a “buy” rating in a research report on Friday, May 15th.

View Our Latest Research Report on CSWC

Institutional Investors Weigh In On Capital Southwest

Hedge funds and other institutional investors have recently modified their holdings of the stock. Triumph Capital Management acquired a new stake in shares of Capital Southwest during the 3rd quarter valued at approximately $28,000. Tower Research Capital LLC TRC lifted its position in shares of Capital Southwest by 13,307.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,877 shares of the asset manager’s stock valued at $41,000 after acquiring an additional 1,863 shares during the period. Osbon Capital Management LLC acquired a new stake in shares of Capital Southwest during the 4th quarter valued at approximately $55,000. CENTRAL TRUST Co acquired a new stake in shares of Capital Southwest during the 1st quarter valued at approximately $60,000. Finally, PNC Financial Services Group Inc. lifted its position in shares of Capital Southwest by 197.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,654 shares of the asset manager’s stock valued at $103,000 after acquiring an additional 3,088 shares during the period. 23.42% of the stock is currently owned by institutional investors and hedge funds.

Capital Southwest Stock Performance

Shares of CSWC stock opened at $23.12 on Tuesday. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 12.17 and a beta of 0.69. The stock has a 50 day simple moving average of $23.42 and a 200-day simple moving average of $22.76. Capital Southwest has a 12-month low of $19.37 and a 12-month high of $24.43. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.56.

Capital Southwest Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.1934 per share. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date is Tuesday, September 15th. Capital Southwest’s dividend payout ratio (DPR) is presently 122.11%.

About Capital Southwest

(Get Free Report)

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.

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Analyst Recommendations for Capital Southwest (NASDAQ:CSWC)

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