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Investing.com - JMP Securities has reiterated its Market Outperform rating on Capital Southwest Corp (NASDAQ:CSWC) with a price target of $25.00. The company has demonstrated remarkable dividend consistency, maintaining payments for 43 consecutive years with a current yield of 19.86%.
The research firm expressed confidence in the business development company (BDC) based on its strong underlying fundamentals.
JMP specifically highlighted Capital Southwest’s capacity to invest, trajectory of net investment income, return on equity, and dividends as factors supporting its positive outlook.
The $25 price target represents approximately a 1.45x multiple on JMP’s forward net asset value (NAV) estimate for the company.
Capital Southwest operates as a business development company that provides capital to support the acquisition and growth of middle-market businesses.
In other recent news, Capital Southwest Corporation reported its Q1 2025 earnings, which showed mixed results. The company missed earnings per share (EPS) expectations, reporting $0.59 compared to the forecasted $0.5964. However, Capital Southwest exceeded revenue forecasts with $55.95 million, above the expected $54.34 million. In light of these results, Raymond (NSE:RYMD) James raised its price target for Capital Southwest to $25 from $23 while maintaining an Outperform rating. The adjustment in the price target reflects Raymond James’s analysis of the company’s financial performance in the June quarter. These developments are part of the ongoing assessment of Capital Southwest’s financial health and market positioning.
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