B.Riley FBR Keeps Their Hold Rating on Capital Southwest Corp (CSWC)

By Ryan Adsit

B.Riley FBR analyst Timothy P. Hayes reiterated a Hold rating on Capital Southwest Corp (CSWCResearch Report) today and set a price target of $23.00. The company’s shares closed last Monday at $22.14.

According to TipRanks.com, Hayes is a 5-star analyst with an average return of 8.3% and a 80.6% success rate. Hayes covers the Financial sector, focusing on stocks such as Fidus Investment Corporation, Ready Capital Corporation, and Saratoga Investment Corp.

Currently, the analyst consensus on Capital Southwest Corp is a Moderate Buy with an average price target of $23.00.

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Based on Capital Southwest Corp’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $6.71 million. In comparison, last year the company had a net profit of $6.59 million.

Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CSWC in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Capital Southwest Corp. is an internally managed closed end, non-diversified management investment company. It engages in the provision of customized financing to middle market companies in the industry segment located in the United States.