Capital Southwest (CSWC) Scheduled to Post Quarterly Earnings on Monday

Capital Southwest (NASDAQ:CSWC) will be issuing 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. Parties interested in listening to the company’s conference call can do so using this link.

Capital Southwest (NASDAQ:CSWC) last released 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 firm had revenue of $51.35 million for the quarter, compared to analyst estimates 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 Stock Performance

Shares of CSWC stock opened at $25.64 on Monday. The firm has a 50-day moving average price of $25.03 and a 200 day moving average price of $25.51. Capital Southwest has a twelve month low of $20.72 and a twelve month high of $27.23. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 12.51 and a beta of 1.24. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.29.

Capital Southwest Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a $0.64 dividend. This is an increase from Capital Southwest’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend was Friday, September 13th. This represents a $2.56 annualized dividend and a yield of 9.98%. Capital Southwest’s payout ratio is presently 113.17%.

Analyst Upgrades and Downgrades

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

Capital Southwest Company Profile

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.