CSWC

DALLAS, July 16, 2026 (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 2027 fiscal year (quarter ended June 30, 2026) and its first quarter 2027 earnings release and conference call schedule. Capital Southwest’s preliminary estimate of its first quarter 2027 pre-tax net investment income is in the range of $0.57 to $0.58 per share. The preliminary estimate of Capital Southwest’s net investment income for the same period is in the range of $0.58 to $0.59 per share. Additionally, Capital Southwest’s preliminary estimate of its net asset value per share as of June 30, 2026 is in the range of $16.55 to $16.65. Capital Southwest will release its finalized first quarter 2027 results on Monday, August 3, 2026 after the market closes. In conjunction with the release, Capital Southwest has scheduled a live webcast on Tuesday, August 4, 2026 at 11:00 a.m. Eastern Time. Investors may participate in the webcast.(1) By Webcast: Connect to the webcast using the Investor Relations section of Capital Southwest's website at www.capitalsouthwest.com, or by going to the following website: https://edge.media-server.com/mmc/p/cdtiv4v7. Please log in at least 10 minutes in advance to register and download any necessary software. A replay of the webcast will be available on Capital Southwest's website shortly after the call. Live Call Participation:Participants who want to join the call and ask a question must register using the following URL: https://register-conf.media-server.com/register/BI616c4f71350a4a528f463d53d1f8b0eb. Once registered, participants will receive the dial-in numbers and a unique PIN number. When participants dial in, they will input their PIN and be placed into the call. Registration is still possible even after the event has started. About Capital SouthwestCapital Southwest Corporation (Nasdaq: CSWC) is a Dallas, Texas-based, internally managed business development company with approximately $2.1 billion in investments at fair value as of March 31, 2026. Capital Southwest is a middle market lending firm focused on supporting the acquisition and growth of middle market bu...

Capital Southwest has been treading water for the past six months, recording a small return of 1.4% while holding steady at $24.02. The stock also fell short of the S&P 500’s 8.7% gain during that period. Is now the time to buy Capital Southwest, or should you be careful about including it in your portfolio? See what our analysts have to say in our full research report, it’s free. We’re cautious about Capital Southwest. Here are two reasons why CSWC doesn’t excite us, plus one stock we’d rather own. Analyzing the long-term change in earnings per share (EPS) shows whether a company’s incremental sales were profitable — for example, revenue could be inflated through excessive spending on advertising and promotions. Capital Southwest’s EPS grew at an unimpressive 7.3% compounded annual growth rate over the last five years, lower than its 27.8% annualized revenue growth. This tells us the company became less profitable on a per-share basis as it expanded. Capital Southwest reported $29.05 million of cash and $1.13 billion of debt on its balance sheet in the most recent quarter. As investors in high-quality companies, we primarily focus on whether a company’s profits can support its debt. With $148.5 million of EBITDA over the last 12 months, we view Capital Southwest’s 7.4× net-debt-to-EBITDA ratio as inadequate. The company’s lacking profits relative to its borrowings give it little breathing room, raising red flags. Capital Southwest isn’t a terrible business, but it doesn’t pass our quality test. With its shares trailing the market in recent months, the stock trades at 11× forward P/E (or $24.02 per share). Investors with a higher risk tolerance might like the company, but we think the potential downside is too great. We’re pretty confident there are superior stocks to buy right now. We’d recommend looking at a top digital advertising platform riding the creator economy. ONE MORE THING: Top 6 Stocks for This Week. This market is separating quality stocks from expensive ones fast. AI is taking down whole sectors with no warning. In a rotation this fast, you need more than a list of good companies. Our AI system flagged Palantir before it ran 1,662% between October 2022 and February 2026. AppLovin before it ran 753% between February 2024 and February 2026. Nvidia before it ran 1,178% between January 2023 and February 2026. Each week it produces 6 new names that...

Capital Southwest (CSWC) reported preliminary fiscal Q1 net investment income of $0.58 to $0.59 a sh

Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Capital Southwest (NASDAQ:CSWC) and its peers. Specialty finance companies provide targeted lending or financial services for specific industries or needs. They benefit from expertise in particular sectors, often reduced competition in specialized niches, and tailored underwriting that can yield higher margins. Challenges include concentration risk in specific industries, difficulty achieving scale efficiencies, and potential vulnerability during sector-specific downturns affecting their specialized markets. The 9 specialty finance stocks we track reported a mixed Q1. As a group, revenues beat analysts’ consensus estimates by 2.1%. While some specialty finance stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 2.3% since the latest earnings results. Originally founded in 1961 as a venture capital investor that helped launch Texas Instruments, Capital Southwest (NASDAQ:CSWC) is a business development company that provides debt and equity financing to middle-market companies primarily in the United States. Capital Southwest reported revenues of $57.77 million, up 10.2% year on year. This print fell short of analysts’ expectations by 7%. Overall, it was a softer quarter for the company with a significant miss of analysts’ revenue and EPS estimates. In commenting on the Company’s results, Michael Sarner, President and Chief Executive Officer, stated, “The March quarter was another strong quarter for Capital Southwest, with approximately $158 million of originations in five new and 12 existing portfolio companies. Our portfolio continued to generate significant income for our shareholders, producing $0.59 of pre-tax net investment income per share. During the quarter, the Board of Directors again declared a regular quarterly dividend of $0.58 per share, of which $0.1934 per share will be paid for each of April, May and June 2026, and a supplemental quarterly dividend of $0.06 to be paid in June 2026. Further, non-accruals represented only 1.1% of the total investment portfolio at fair value at year end. On the capitalization front, we continued to efficiently raise equity capital during the quarter, raising approximately $26 million through our Equity ATM Program, and increas...

DALLAS, May 27, 2026 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest” or the “Company”) (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 that its Board of Directors has declared a quarterly regular dividend of $0.58 per share, of which $0.1934 per share will be paid monthly for each of July, August, and September 2026, and a quarterly supplemental dividend of $0.06 per share payable in September 2026, each of which is detailed in the table below. The Company’s regular quarterly dividend for the quarter ending September 30, 2026 will be payable as follows: The Company’s quarterly supplemental dividend for the quarter ending September 30, 2026 will be payable as follows: When declaring dividends, the Board of Directors reviews estimates of taxable income available for distribution, which may differ from net investment income under generally accepted accounting principles. The final determination of taxable income for each year, as well as the tax attributes for dividends in such year, will be made after the close of the tax year. Capital Southwest maintains a dividend reinvestment plan ("DRIP") that provides for the reinvestment of dividends on behalf of its registered stockholders who hold their shares with Capital Southwest’s transfer agent and registrar, Equiniti Trust Company. Under the DRIP, if the Company declares a dividend, registered stockholders who have opted in to the DRIP by the dividend record date will have their dividend automatically reinvested into additional shares of Capital Southwest’s common stock. About Capital Southwest Capital Southwest Corporation (Nasdaq: CSWC) is a Dallas, Texas-based, internally managed business development company with approximately $2.1 billion in investments at fair value as of March 31, 2026. Capital Southwest is a middle market lending firm focused on supporting the acquisition and growth of middle market businesses with $5 million to $50 million investments across the capital structure, including first lien, second lien and non-control equity co-investments. As a public company with a permanent capital base, Capital Southwest has the flexibility to be creative in its financing solutions and to invest to support the growth of its por...

Capital Southwest (CSWC) said late Wednesday it will pay a quarterly dividend of $0.58 per share, of

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Capital Southwest (CSWC) just closed fiscal 2026 with higher investment income and net income, backed by portfolio growth, low non accruals, solid liquidity, and continued regular plus supplemental dividends. See our latest analysis for Capital Southwest. Despite the latest earnings headline, the stock has eased back recently. The 30 day share price return is down 3%, even though the year to date share price return is up 5.74% and the 1 year total shareholder return is 26.03%, which points to longer term momentum still holding up. If you are looking beyond business development companies and want fresh ideas, now could be a good time to scan 19 top founder-led companies With fiscal 2026 in the books, CSWC now trades at US$23.57, only about 6% below the average analyst price target of US$24.90 and at a reported premium to intrinsic value. This raises the question of whether this is a genuine entry point or whether the market is already pricing in future growth. At a last close of $23.57 against a narrative fair value of $24.80, Capital Southwest is framed as modestly undervalued, with that view built on specific growth, margin and discount rate assumptions. Read the complete narrative. Curious what earnings path and margin profile need to hold for this fair value to stack up? The popular narrative leans on compound growth forecasts, richer profitability and a precise required return to bridge today’s price to that $24.80 mark. Result: Fair Value of $24.80 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this hinges on loan spreads and credit conditions not tightening further, and on equity issuance and co investment gains not diluting per share outcomes. Find out about the key risks to this Capital Southwest narrative. While the narrative fair value of $24.80 suggests Capital Southwest is about 5% undervalued, the current P/E of 12.5x looks expensive next to peers at 5.8x and even slightly above a 12x fair ratio. That gap points to less margin for error if growth or margins disappoint. Is the premium worth paying? See what the numbers say about this price — find out in our valuation breakdown. With mixed signals on valuation and sentiment, this is a moment to move quic...

Image source: The Motley Fool. Thursday, May 14, 2026 at 11 a.m. ET President and Chief Executive Officer — Michael Sarner Chief Investment Officer — Josh Weinstein Chief Financial Officer — Chris Rehberger Michael Sarner: Thanks, Amy, and thank you, everyone, for joining us for our fourth quarter fiscal year 2026 earnings call. We're pleased to be with you today to discuss our fourth fiscal quarter and the 2026 fiscal year. Overall, 2026 was an outstanding year for Capital Southwest by any measure. During the year, we grew our investment portfolio by approximately $300 million or 17% from $1.8 billion to $2.1 billion. Deal activity was robust with $762 million in new committed investment originations. Additionally, we grew investment income by $28 million or 14% from $204 million to $232 million. And despite a backdrop of pronounced volatility, we preserved the value of our portfolio. NAV per share closed the year at $16.69, essentially unchanged from $16.70 in the prior year, underscoring the resilience of our platform and the durability of our underwriting. As a result of our consistent investment strategy and strong operating performance, we've delivered an industry-leading 40% return on equity for our shareholders during fiscal year 2026. Despite relentless market disruptions this year from Liberation Day to the private credit contagion to the conflicts in Iran, we continued to execute with consistency. The market has recognized that stability and our stock performance reflects the value of our approach. The quality of our debt portfolio remains strong, reflected in a weighted average leverage of 3.6x, weighted average interest coverage of 3.5x and nonaccruals of 1.1% at fair value, down from 1.7% in the prior year. During the quarter, we saw improved performance across our watch list with seven companies demonstrating meaningful progress and two removed from the watch list following a return to plan. We attribute much of this improvement to our portfolio operations group, which works closely with our deal teams on credits that require additional support. This team is driving tangible value at the portfolio level, which in turn contributes to stronger overall performance and enhanced long-term shareholder value. Additionally, our equity portfolio continues to perform well with net unrealized appreciation of $37.8 million or $0.62 per share as of the end...

This article first appeared on GuruFocus. Investment Portfolio Growth: Increased by $300 million, or 17%, from $1.8 billion to $2.1 billion. New Committed Investment Originations: $762 million. Investment Income: Grew by $28 million, or 14%, from $204 million to $232 million. NAV per Share: Closed the year at $16.69, slightly down from $16.70 in the prior year. Return on Equity: 40% for fiscal year 2026. Debt Portfolio Leverage: Weighted average leverage of 3.6 times. Interest Coverage: Weighted average interest coverage of 3.5 times. Non-Accruals: 1.1% at fair value, down from 1.7% in the prior year. Net Unrealized Appreciation: $37.8 million, or $0.62 per share. Undistributed Taxable Income (UTI): $1.07 per share. Realized Gains from Equity Exits: $36.9 million over the last 12 months. New Debt Capital Commitments: Over $465 million raised. Gross Equity Proceeds: Over $160 million raised through ATM program. Pre-Tax Net Investment Income: $35.2 million, or $0.59 per share for the quarter. Total Investment Income: $57.8 million for the quarter. Regular and Supplemental Dividends: $0.58 per share regular dividend and $0.06 per share supplemental dividend. Operating Leverage: Ended the quarter at 1.4%, improved from 1.7% in the prior quarter. Liquidity Position: Approximately $394 million in cash and undrawn leverage commitments. Regulatory Leverage: 0.9 to 1 debt-to-equity. Warning! GuruFocus has detected 4 Warning Signs with CSWC. Is CSWC fairly valued? Test your thesis with our free DCF calculator. Release Date: May 14, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Capital Southwest Corp (NASDAQ:CSWC) grew its investment portfolio by approximately $300 million, or 17%, from $1.8 billion to $2.1 billion during fiscal year 2026. The company achieved a 40% return on equity for shareholders, demonstrating strong operating performance and investment strategy. CSWC's debt portfolio remains strong with a weighted average leverage of 3.6 times and non-accruals reduced to 1.1% at fair value. The equity portfolio showed net unrealized appreciation of $37.8 million, with expectations of realizing gains in fiscal year 2027. CSWC raised over $465 million in new debt capital commitments and $160 million in gross equity proceeds, enhancing its capital structure and liquidity. Net Asset Value (NAV) per share slig...

Interested in Capital Southwest Corporation? Here are five stocks we like better. Capital Southwest posted a strong fiscal 2026, growing its investment portfolio 17% to $2.1 billion and boosting investment income 14% to $232 million. Net asset value per share was essentially flat year over year at $16.69, and the company said it delivered a 40% return on equity. Credit quality remained solid, with non-accruals falling to 1.1% of fair value and 99% of the credit portfolio still in first-lien senior secured debt at quarter-end. Management also said watch-list performance improved and several troubled companies made meaningful progress. The company continued to support its dividend program with strong liquidity and capital raising, ending the quarter with about $394 million in liquidity and leverage at 0.9x, within its target range. Capital Southwest maintained its regular and supplemental dividends and said it remains confident in future supplemental payouts, supported by UTI and equity gains. Capital Southwest (NASDAQ:CSWC) reported what management described as an “outstanding” fiscal 2026, highlighting portfolio growth, stable net asset value, strong dividend coverage and continued diversification of funding sources despite a volatile market backdrop. President and Chief Executive Officer Michael Sarner said the business development company grew its investment portfolio by approximately $300 million, or 17%, during the fiscal year, from $1.8 billion to $2.1 billion. New committed investment originations totaled $762 million for the year, while investment income increased $28 million, or 14%, to $232 million from $204 million. → Rocket Lab Just Hit a New All-Time High—Time to Buy or Let It Breathe? Sarner said net asset value per share ended the year at $16.69, essentially unchanged from $16.70 a year earlier. He said that result underscored “the resilience of our platform and the durability of our underwriting.” He also said the company delivered a 40% return on equity for shareholders during fiscal 2026. Management emphasized the credit profile of Capital Southwest’s portfolio, with Sarner citing weighted average leverage of 3.6 times, weighted average interest coverage of 3.5 times and non-accruals of 1.1% at fair value, down from 1.7% in the prior year. → MP Materials Is Quietly Building a Rare Earth Powerhouse Sarner said performance improved across the...

Capital Southwest (CSWC) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +1.19%. A quarter ago, it was expected that this business development company would post earnings of $0.64 per share when it actually produced earnings of $0.64, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Capital Southwest, which belongs to the Zacks Financial - Investment Management industry, posted revenues of $57.77 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 4.43%. This compares to year-ago revenues of $52.41 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Capital Southwest shares have added about 7.4% since the beginning of the year versus the S&P 500's gain of 8.1%. While Capital Southwest has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Capital Southwest was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the co...

Business development company Capital Southwest (NASDAQ:CSWC) will be reporting earnings this Wednesday after market hours. Here’s what you need to know. Capital Southwest beat analysts’ revenue expectations last quarter, reporting revenues of $61.45 million, up 18.2% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ revenue and EPS estimates. Is Capital Southwest a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Capital Southwest’s revenue to grow 18.6% year on year, improving from the 12.9% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Capital Southwest has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at Capital Southwest’s peers in the specialty finance segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Encore Capital Group delivered year-on-year revenue growth of 21%, beating analysts’ expectations by 6.5%, and HA Sustainable Infrastructure Capital reported revenues up 31.3%, topping estimates by 43.8%. Encore Capital Group traded down 2.4% following the results while HA Sustainable Infrastructure Capital was also down 3.3%. Read our full analysis of Encore Capital Group’s results here and HA Sustainable Infrastructure Capital’s results here. There has been positive sentiment among investors in the specialty finance segment, with share prices up 2.4% on average over the last month. Capital Southwest is up 2.4% during the same time and is heading into earnings with an average analyst price target of $24.80 (compared to the current share price of $23.68). ONE MORE THING: The $21 AI Application Stock Wall Street Forgot. While Wall Street obsesses over who’s building AI, one company is already using it to print money. And nobody’s paying attention. AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won’t last. The institutions will figure it out. You need to see this first. Read the FREE Report Before They Notice.