Capital Southwest (CSWC) Set to Announce Quarterly Earnings on Monday

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

Capital Southwest (NASDAQ:CSWC) last posted its quarterly earnings data 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 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 Price Performance

CSWC stock opened at $25.63 on Friday. Capital Southwest has a 52-week low of $20.72 and a 52-week high of $27.23. The stock’s fifty day simple moving average is $25.20 and its 200-day simple moving average is $25.53. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.29. The stock has a market capitalization 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 announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were issued a $0.64 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $2.56 dividend on an annualized basis and a yield of 9.99%. This is a boost from Capital Southwest’s previous quarterly dividend of $0.57. Capital Southwest’s dividend payout ratio (DPR) is presently 113.17%.

Analyst Ratings Changes

Separately, B. Riley reduced their target price on Capital Southwest from $25.00 to $24.00 and set a “neutral” rating on the stock in a report 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.