Here are three stocks added to the Zacks Rank #6 (Strong Sell) List today: Blue Owl Capital Inc. (OWL) is an asset management company. The Zacks Consensus Estimate for its current year earnings has been 3.7% downward over the last 60 days. CPI Card Group Inc. (PMTS) is a designer of financial cards. The Zacks Consensus Estimate for its current year earnings has been revised 4.5% downward over the last 60 days. Capital Southwest Corporation (CSWC) is a business development company specializing in credit and ...

lovelyday12 Co-authored by Treading Softly. Rarely do you build something with a desire to see it get destroyed in the future. However, many companies are receiving negative attention for what is called planned obsolescence. Essentially, it is built into their product, they will stop working after a set period. This helps ensure that there will be continued demand for this product because if you liked it, and it stopped working, and you can't fix it, you have to buy another, thus ensuring the company's surv ...

PM Images Introduction Capital Southwest (NASDAQ:CSWC) has been a long core holding within my portfolio and one of my strongest performers thanks to higher for longer interest rates. But with these expected to decline soon, their share price has seen a pullback from its recent highs. Despite this, I think the share price could fall further, entering into a buy zone over the next few months. In this article I discuss the company's latest earnings, performance over the past year, and what price I think invest ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q 1 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ……………..to …………….. Commission File Number: 814-00061 | --- | --- | |------------------------------------------------------------------------------------------ ...

Capital Southwest (NASDAQ:CSWC) Q1 2025 Earnings Conference Call August 6, 2024 11:00 AM ET Company Participants Chris Rehberger - Executive Vice President, Finance Bowen Diehl - President & Chief Executive Officer Josh Weinstein - Chief Investment Officer Michael Sarner - Chief Financial Officer Conference Call Participants Mickey Schleien - Ladenburg Thalmann Bryce Rowe - B. Riley Sean-Paul Adams - Raymond James Operator Thank you for joining today's Capital Southwest First Quarter Fiscal Year 2025 Earnin ...

Capital Southwest Corporation | --- | --- | |------------------------------------------------------------------------------------------------|-------| | | | | Q1 2025 Earnings Presentation August 6, 2024 | | | 8333 Douglas Avenue, Suite 1100 \| Dallas, Texas 75225 \| 214.238.5700 \| capitalsouthwest.com | | Important Notices • These materials and any presentation of which they form a part are neither an offer to sell, nor a solicitation of an offer to purchase, any securities of Capital Southwest. • These m ...

Exhibit 99.1 8333 Douglas Avenue, Suite 1100 Dallas, Texas 75225 T 214.238.5700 F 214.238.5701 Capital Southwest Announces Financial Results for First Fiscal Quarter Ended June 30, 2024, Increases Regular Dividend to $0.58 per share and Declares a Supplemental Dividend of $0.06 per share for the Quarter Ending September 30, 2024 CSWC Reports Pre-Tax Net Investment Income of $0.69 Per Share for Quarter Ended June 30, 2024 Dallas, Texas – August 5, 2024 – Capital Southwest Corporation ("Capital Southwest," "C ...

Vivek Vishwakarma YCharts Buy The Dip On This Cash Cow Seeking Alpha Current Investment Portfolio of $1.5 B continues to be heavily weighted towards first lien investments and diverse across industries CSWC continues to benefit from high interest rates, given that 97% of its income-bearing investments are held at a floating rate. It's also seen meaningful NAV per share growth of $0.40 over the prior year period to $16.77 at the end of fiscal Q4 2024 (ended March 31st). As shown below, CSWC's NAV per share h ...

Core Viewpoint - Business Development Companies (BDCs) like Capital Southwest (CSWC) have performed well in a high interest rate environment, with CSWC showing a total return of approximately 125% over the last five years and a distribution yield of 8.7% [1][12]. Financial Performance - CSWC's net investment income (NII) per share has increased as interest rates rose, with NII per share reaching $0.38 in Q1 2021 and growing consistently thereafter [5]. - The most recent earnings call indicated a non-accrual rate of 2.3% of fair value, slightly up from 2.2%, suggesting some pressure from high interest rates on portfolio companies [6]. - CSWC has committed $154 million to new credit investments with a weighted average yield of 13.3% over the last quarter [6]. Investment Strategy - CSWC focuses on lower middle market companies, primarily investing in first lien debt, which constitutes 97% of its portfolio, providing stability and lower risk of capital loss [13][14]. - The portfolio is heavily weighted towards floating rate investments (97.4%), allowing CSWC to benefit from rising interest rates [14]. Market Position - CSWC currently trades at a premium to net asset value (NAV) of about 56.7%, significantly higher than the average premium of 35% over the past three years [7]. - The company has consistently issued supplemental dividends and increased base distributions, with a compound annual growth rate (CAGR) of 9.08% over the last five years [24]. Economic Outlook - The Federal Reserve's interest rate decisions, particularly in the context of the upcoming US presidential elections, may lead to potential rate cuts, which could impact CSWC's pricing and investment income [9][20]. - Future interest rate cuts are expected to lower NII, presenting a more attractive entry point for new investors [21][30].

DALLAS, July 17, 2024 (GLOBE NEWSWIRE) -- Capital Southwest Corporation ("Capital Southwest") (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, is pleased to announce its preliminary operating results for the first quarter of its 2025 fiscal year (quarter ended June 30, 2024) and its first quarter 2025 earnings release and conference call schedule. Capital Southwest's prelimi ...