Capital Southwest Corporation (NASDAQ:CSWC) posted its quarterly earnings results on Monday, August 7th. The asset manager reported $0.22 EPS for the quarter, missing the Zacks’ consensus estimate of $0.23 by $0.01, Bloomberg Earnings reports. The firm had revenue of $7.72 million during the quarter, compared to analyst estimates of $7.88 million. Capital Southwest Corporation had a return on equity of 4.34% and a net margin of 96.98%.
Shares of Capital Southwest Corporation (NASDAQ CSWC) traded up 0.36% during midday trading on Friday, reaching $16.64. The company had a trading volume of 4,255 shares. The firm’s 50 day moving average price is $16.34 and its 200-day moving average price is $16.23. The company has a market capitalization of $266.34 million, a P/E ratio of 10.10 and a beta of -0.49. Capital Southwest Corporation has a 12 month low of $13.81 and a 12 month high of $17.33.
Several equities analysts have recently issued reports on CSWC shares. National Bank Financial reiterated a “buy” rating and set a $22.00 price objective on shares of Capital Southwest Corporation in a research report on Wednesday, June 28th. National Securities started coverage on Capital Southwest Corporation in a research report on Tuesday, June 27th. They set a “buy” rating and a $22.00 price objective for the company. ValuEngine downgraded Capital Southwest Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, July 6th. Finally, Janney Montgomery Scott assumed coverage on Capital Southwest Corporation in a research report on Friday, June 30th. They set a “neutral” rating and a $18.00 price objective for the company. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $20.67.
In related news, Director John H. Wilson purchased 5,000 shares of Capital Southwest Corporation stock in a transaction that occurred on Wednesday, June 28th. The stock was bought at an average price of $16.30 per share, for a total transaction of $81,500.00. Following the completion of the transaction, the director now owns 17,000 shares in the company, valued at $277,100. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas Duane Morgan purchased 3,100 shares of Capital Southwest Corporation stock in a transaction that occurred on Wednesday, June 7th. The shares were bought at an average price of $16.26 per share, with a total value of $50,406.00. Following the transaction, the director now owns 4,395 shares of the company’s stock, valued at approximately $71,462.70. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 5,500 shares of company stock valued at $88,775. 5.90% of the stock is owned by company insiders.
About Capital Southwest Corporation
Capital Southwest Corporation is an investment company that specializes in providing customized financing to middle market companies in a range of industry segments located primarily in the United States. The Company is a specialty lending company. Its principal investment objective is to produce risk-adjusted returns by generating current income from debt investments and capital appreciation from its equity and equity related investments.
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