Capital Southwest Corporation (NASDAQ:CSWC) Receives $23.42 Consensus Target Price from Analysts

Shares of Capital Southwest Corporation (NASDAQ:CSWC) have earned an average rating of “Moderate Buy” from the nine research firms that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $23.50.

Several research analysts have recently weighed in on the company. B. Riley Financial lifted their price objective on Capital Southwest from $24.00 to $24.50 and gave the stock a “buy” rating in a research report on Friday. Weiss Ratings raised Capital Southwest from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, January 28th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CSWC. Triumph Capital Management bought a new position in shares of Capital Southwest in the 3rd quarter worth about $28,000. Tower Research Capital LLC TRC raised its position in shares of 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 position in shares of Capital Southwest in the 3rd quarter worth about $48,000. Osbon Capital Management LLC bought a new stake in Capital Southwest in the 4th quarter valued at about $55,000. Finally, CENTRAL TRUST Co bought a new stake in Capital Southwest in the 1st quarter valued at about $60,000. 23.42% of the stock is owned by institutional investors.

Capital Southwest Stock Down 0.8%

Shares of CSWC opened at $23.12 on Friday. The company has a market capitalization of $1.39 billion, a PE ratio of 12.17 and a beta of 0.71. Capital Southwest has a 12 month low of $19.37 and a 12 month high of $24.43. The stock’s 50-day moving average price is $22.88 and its two-hundred day moving average price is $22.41. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.51.

Capital Southwest Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a $0.1934 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 10.0%. Capital Southwest’s dividend payout ratio (DPR) is 122.11%.

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.