Capital Southwest (NASDAQ:CSWC) Issues Earnings Results, Beats Expectations By $0.01 EPS

Capital Southwest (NASDAQ:CSWC) announced its quarterly earnings results on Monday. The asset manager reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.01, Zacks reports. Capital Southwest had a net margin of 37.77% and a return on equity of 15.54%.

Capital Southwest Trading Down 1.0 %

Shares of Capital Southwest stock traded down $0.23 during midday trading on Monday, reaching $22.28. 515,079 shares of the company’s stock traded hands, compared to its average volume of 416,033. The stock has a 50 day moving average of $22.25 and a 200-day moving average of $23.86. Capital Southwest has a 12 month low of $20.68 and a 12 month high of $27.23. The company has a market cap of $1.06 billion, a PE ratio of 13.59 and a beta of 1.24. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.16 and a current ratio of 0.16.

Wall Street Analysts Forecast Growth

Separately, B. Riley increased their target price on shares of Capital Southwest from $24.00 to $24.50 and gave the stock a “neutral” rating in a report on Wednesday, October 30th.

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.