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Capital Southwest Corp. (CSWC)
NASDAQ:CSWC
Earnings Data
Report Date
Aug 11, 2025TBA Not Confirmed
Period Ending
2026 (Q1)Consensus EPS Forecast
0.6Last Year’s EPS
0.63Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: -0.67%
|Next Earnings Date:Aug 11, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in the investment portfolio, strong financial performance, successful capital raising efforts, and consistent dividend growth. However, it also acknowledged challenges posed by geopolitical uncertainties, tariff risks, and potential spread compression. Despite these challenges, the positive developments and achievements outweigh the risks and uncertainties.Company Guidance
During Capital Southwest's fourth quarter fiscal year 2025 earnings call, significant guidance was provided regarding the company's financial performance and strategic direction. The investment portfolio grew by approximately $300 million, or 21%, reaching $1.8 billion, while the weighted average leverage was reduced to 3.5 times. The equity portfolio saw unrealized appreciation increase from $38.5 million to $53.2 million, translating to $1 per share. The company raised over $300 million in new debt capital, including a $230 million convertible bond issuance and $75 million in secured debt commitments. Additionally, $180 million was raised through the ATM equity program. With an affirmed BBB minus corporate rating and an upgraded secure debt rating by Fitch, Capital Southwest maintained its dividend growth, increasing regular dividends from $2.24 to $2.31 per share and paying $0.23 in supplemental dividends. The adjusted pre-tax net investment income was $0.61 per share, with a robust undistributed taxable income balance of $0.79 per share. The company declared a $0.58 regular dividend and a $0.06 supplemental dividend for the June 2025 quarter. Amidst geopolitical uncertainties and trade policy changes, the company identified limited exposure to tariffs with only 7% of its debt portfolio at moderate risk. Capital Southwest plans to leverage its balance sheet, which is positioned with low leverage and significant liquidity, to navigate current market conditions and continue its strategic investment approach.Strong Investment Portfolio Growth
The investment portfolio grew by approximately $300 million, or 21%, from $1.5 billion to $1.8 billion.
Decreased Non-Accruals and Improved Debt Portfolio Quality
Non-accruals at fair value decreased from 2.3% to 1.7%, and the weighted average leverage in the investment portfolio reduced to 3.5 times.
Significant Unrealized Appreciation in Equity Portfolio
Unrealized appreciation grew from $38.5 million, or $0.85 per share, to $53.2 million, or $1 per share.
Successful Capital Raising and Diversification
Raised over $300 million in new debt capital commitments and secured a second SBIC license for an additional $175 million in debt capital.
Consistent Dividend Growth
Increased regular dividends from $2.24 per share in fiscal year 2024 to $2.31 per share in fiscal year 2025, with an additional $0.23 per share in supplemental dividends.
Robust Financial Performance
Generated pre-tax net investment income of $0.56 per share with a 110% dividend coverage for the 12 months ended March 31, 2025.
Strong Equity Portfolio Performance
Equity portfolio marked at 142% of cost, representing $53.2 million in embedded unrealized appreciation.
Improved Corporate Ratings
BBB minus corporate ratings affirmed by Moody's and Fitch, and secure debt rating upgraded from BBB minus to BBB flat.
CSWC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CSWC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $20.94 | $20.86 | -0.38% |
Feb 04, 2025 | $21.62 | $22.09 | +2.17% |
Oct 28, 2024 | $24.27 | $23.10 | -4.82% |
Aug 05, 2024 | $21.67 | $22.41 | +3.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Capital Southwest Corp. (CSWC) report earnings?
Capital Southwest Corp. (CSWC) is schdueled to report earning on Aug 11, 2025, TBA Not Confirmed.
What is Capital Southwest Corp. (CSWC) earnings time?
Capital Southwest Corp. (CSWC) earnings time is at Aug 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CSWC EPS forecast?
CSWC EPS forecast for the fiscal quarter 2026 (Q1) is 0.6.