Capital Southwest (NASDAQ:CSWC) Rating Reiterated by JMP Securities

JMP Securities reiterated their market outperform rating on shares of Capital Southwest (NASDAQ:CSWC) in a report released on Tuesday morning, Benzinga reports. JMP Securities currently has a $26.00 price objective on the asset manager’s stock.

A number of other analysts have also recently weighed in on CSWC. B. Riley raised their target price on shares of Capital Southwest from $23.50 to $24.00 and gave the stock a neutral rating in a report on Wednesday, January 31st. Raymond James upped their price target on shares of Capital Southwest from $24.00 to $26.50 and gave the company an outperform rating in a research report on Wednesday, January 31st. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of Hold and an average price target of $23.88.

Capital Southwest Trading Up 1.1 %

Capital Southwest stock opened at $24.96 on Tuesday. The stock has a market capitalization of $1.07 billion, a PE ratio of 10.62 and a beta of 1.21. Capital Southwest has a 12-month low of $17.22 and a 12-month high of $26.17. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.14 and a quick ratio of 0.14. The firm has a 50 day simple moving average of $24.23 and a 200-day simple moving average of $23.28.

Capital Southwest (NASDAQ:CSWC) last issued its earnings results on Tuesday, January 30th. The asset manager reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.04. The firm had revenue of $48.57 million during the quarter, compared to analysts’ expectations of $45.12 million. Capital Southwest had a net margin of 52.16% and a return on equity of 15.82%. During the same period last year, the firm posted $0.62 earnings per share. As a group, equities research analysts expect that Capital Southwest will post 2.69 EPS for the current fiscal year.

Capital Southwest Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a $0.63 dividend. The ex-dividend date was Thursday, March 14th. This represents a $2.52 annualized dividend and a dividend yield of 10.10%. Capital Southwest’s dividend payout ratio (DPR) is presently 97.02%.

Institutional Investors Weigh In On Capital Southwest

A number of institutional investors have recently modified their holdings of CSWC. Global Retirement Partners LLC acquired a new stake in shares of Capital Southwest during the 4th quarter valued at $26,000. Cape Investment Advisory Inc. acquired a new stake in shares of Capital Southwest during the 4th quarter valued at $31,000. Morton Brown Family Wealth LLC acquired a new stake in shares of Capital Southwest in the 4th quarter valued at $34,000. USA Financial Formulas acquired a new stake in shares of Capital Southwest in the 4th quarter valued at $47,000. Finally, Signaturefd LLC lifted its stake in shares of Capital Southwest by 121.1% in the 4th quarter. Signaturefd LLC now owns 2,563 shares of the asset manager’s stock valued at $61,000 after purchasing an additional 1,404 shares during the last quarter. Institutional investors and hedge funds own 23.42% of the company’s stock.

About Capital Southwest

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, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.