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

Capital Southwest (NASDAQ:CSWC) is scheduled to 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 that are interested in participating in the company’s conference call can do so using this link.

Capital Southwest (NASDAQ:CSWC) last issued its earnings results on Monday, August 5th. The asset manager reported $0.63 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.03). The business had revenue of $51.35 million during the quarter, compared to analyst estimates of $49.31 million. Capital Southwest had a net margin of 38.92% and a return on equity of 15.70%. 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

Shares of NASDAQ CSWC opened at $25.64 on Monday. The firm has a 50-day simple moving average of $25.03 and a 200-day simple moving average of $25.51. The stock 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 quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.29. Capital Southwest has a 52 week low of $20.72 and a 52 week high of $27.23.

Capital Southwest Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were paid a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a yield of 9.98%. The ex-dividend date was Friday, September 13th. This is a positive change from Capital Southwest’s previous quarterly dividend of $0.57. Capital Southwest’s dividend payout ratio (DPR) is 113.17%.

Wall Street Analysts Forecast Growth

Separately, B. Riley reduced their target price on shares of Capital Southwest from $25.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday, August 7th.

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, industry consolidation, recapitalizations and growth capital investments.