Brokerages Set Capital Southwest Corporation (NASDAQ:CSWC) Target Price at $23.20

Shares of Capital Southwest Corporation (NASDAQ:CSWCGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $23.20.

A number of equities analysts have recently weighed in on CSWC shares. Weiss Ratings restated a “buy (b-)” rating on shares of Capital Southwest in a research note on Thursday, June 18th. B. Riley Financial increased their price target on Capital Southwest from $24.00 to $24.50 and gave the company a “buy” rating in a research report on Friday, May 15th.

Get Our Latest Research Report on Capital Southwest

Capital Southwest Price Performance

CSWC opened at $23.51 on Friday. 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 0.11. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 12.37 and a beta of 0.70. The firm’s fifty day moving average price is $23.44 and its two-hundred day moving average price is $22.95.

Capital Southwest Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.1934 dividend. This represents a c) dividend on an annualized basis and a yield of 9.9%. The ex-dividend date is Tuesday, September 15th. Capital Southwest’s dividend payout ratio is 122.11%.

Institutional Investors Weigh In On Capital Southwest

Hedge funds have recently made changes to their positions in the business. Triumph Capital Management purchased a new stake in shares of Capital Southwest during the 3rd quarter worth approximately $28,000. Tower Research Capital LLC TRC lifted its stake in Capital Southwest by 13,307.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,877 shares of the asset manager’s stock valued at $41,000 after purchasing an additional 1,863 shares during the last quarter. Osbon Capital Management LLC purchased a new position in Capital Southwest in the fourth quarter valued at approximately $55,000. CENTRAL TRUST Co bought a new position in Capital Southwest during the first quarter valued at $60,000. Finally, PNC Financial Services Group Inc. grew its holdings in Capital Southwest by 197.2% during the first quarter. PNC Financial Services Group Inc. now owns 4,654 shares of the asset manager’s stock valued at $103,000 after purchasing an additional 3,088 shares during the period. 23.42% of the stock is currently owned by institutional investors.

Capital Southwest Company Profile

(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.

Featured Articles

Analyst Recommendations for Capital Southwest (NASDAQ:CSWC)

Receive News & Ratings for Capital Southwest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Southwest and related companies with MarketBeat.com's FREE daily email newsletter.