$21.52 million in sales expected for Capital Southwest Co. (NASDAQ:CSWC) this quarter
Equity research analysts expect Capital Southwest Co. (NASDAQ: CSWC – Get a rating) will announce revenue of $21.52 million for the current fiscal quarter, according to Zacks. Four analysts have released Capital Southwest earnings estimates, with estimates ranging from $21.32 million to $21.63 million. Capital Southwest posted sales of $17.17 million in the same quarter last year, suggesting a positive year-over-year growth rate of 25.3%. The company is expected to release its next quarterly results on Tuesday, May 24.
According to Zacks, analysts expect Capital Southwest to report full-year sales of $82.70 million for the current fiscal year, with estimates ranging from $82.51 million to $82.82 million. dollars. For the next fiscal year, analysts expect the company to post sales of $92.36 million, with estimates ranging from $89.83 million to $95.95 million. Zacks sales calculations are an average based on a survey of research analysts who provide coverage for Capital Southwest.
Capital Southwest (NASDAQ:CSWC – Get a rating) last released its results on Monday, January 31. The asset manager reported earnings per share of $0.51 for the quarter, beating the Zacks consensus estimate of $0.47 by $0.04. Capital Southwest had a net margin of 42.58% and a return on equity of 10.50%. During the same quarter last year, the company posted EPS of $0.45.
Several stock analysts have recently released reports on the company. JMP Securities reiterated a “buy” rating on Capital Southwest shares in a Wednesday, November 3, research report. TheStreet downgraded shares of Capital Southwest from a “b-” rating to a “c” rating in a research memo on Friday, February 4. Ultimately, Zacks Investment Research downgraded Capital Southwest from a “buy” rating to a “hold” rating in a Monday, Feb. 7 research report. Three analysts gave the stock a hold rating and three gave the company a buy rating. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $26.50.
Hedge funds have recently changed their positions in the stock. BlackRock Inc. increased its position in Capital Southwest by 7.6% in the 4th quarter. BlackRock Inc. now owns 160,722 shares of the asset manager valued at $4,063,000 after acquiring an additional 11,416 shares last quarter. Virtu Financial LLC bought a new position in shares of Capital Southwest in the fourth quarter worth $392,000. Advisors Asset Management Inc. increased its stake in shares of Capital Southwest by 6.0% in the fourth quarter. Advisors Asset Management Inc. now owns 185,769 shares of the asset manager worth $4,696,000 after purchasing an additional 10,557 shares in the last quarter. Marshall Wace LLP increased its stake in shares of Capital Southwest by 109.8% in the fourth quarter. Marshall Wace LLP now owns 52,310 shares of the asset manager worth $1,322,000 after purchasing an additional 27,378 shares in the last quarter. Finally, DE Shaw & Co. Inc. bought a new position in shares of Capital Southwest in the fourth quarter at a value of $231,000. 23.94% of the shares are currently held by institutional investors.
Stock CSWC opened at $24.48 on Friday. The company has a debt ratio of 0.56, a quick ratio of 0.10 and a current ratio of 0.10. Capital Southwest has a 52-week low of $20.70 and a 52-week high of $28.41. The company’s fifty-day moving average is $24.94 and its 200-day moving average is $26.12. The company has a market capitalization of $585.81 million, a P/E ratio of 15.90 and a beta of 1.17.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 31. Shareholders of record on Tuesday, March 15 will receive a dividend of $0.48. This is a boost from Capital Southwest’s previous quarterly dividend of $0.47. This represents a dividend of $1.92 on an annualized basis and a dividend yield of 7.84%. The ex-dividend date is Monday, March 14. Capital Southwest’s dividend payout ratio is currently 122.08%.
About the Southwest Capital (Get a rating)
Capital Southwest is a public business development company with total assets of $496 million as of June 30, 2010. We provide patient capital to exceptional companies with significant growth potential. As a public company, we have the ability to hold investments indefinitely, which has provided the management teams of our holdings with a stable ownership platform since our inception in 1961.
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