undamentalytics Newsletter
Sign in

Capital Southwest Corp (CSWC) stock

Add to watchlist

Add holding +

NASDAQ: CSWC Nasdaq Asset Management & Custody Banks

Capital Southwest Corp is a US-listed company in the asset management & custody banks industry. Its financial year ends in March.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders4 buying, 1 selling7 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
  • Funds105 adding, 63 cuttingOf 17 active managers that changed their stake, 9 added; quarter to June 30, 2026Fund buyers and sellers

The Fundamentalytics view

Current signal Revenue growth decelerating: TTM revenue growth slowed to 16.1% (-4.3pp vs the prior quarter), the 3rd consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 16.1% over the last 12 months.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 7.4% over 90 days.

Things to watch

  • Share dilution. Diluted shares rose 16.6% in a year.
  • High debt. Long-term debt exceeds cash by $1.3bn, more than 1.5 times annual revenue.
  • Growth easing. The growth rate is 4.3 points lower than a quarter earlier.
  • Weak cash conversion. Free cash flow was -401% of net income over the last 12 months.

Latest results: FY2013 Q4

Filed May 31, 2013
Earnings per share
$0.56 against an average estimate of $0.56: beat by 0.7%
Revenue
$1m, down 15.0% on a year earlier
Share reaction
-0.6% in the first session after the results on October 15, 2026, against -0.8% for the S&P 500
Next report
November 2, 2026; average EPS estimate $0.57

Capital Southwest's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.6%
  • 1 week+2.2%
  • 1 month-0.2%
  • This year+15.7%
  • 1 year+27.3%
  • 5 years+54.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

EPS (TTM, diluted)
$1.53

Growth

Share count change
+16.6%

Earnings

Last results
November 2, 2026

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Results
  3. Agreement
  4. Agreement
  5. Shareholder vote
  6. Announcement
  7. Agreement
  8. Results
  9. Shareholder vote
  10. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Capital Southwest Corp valuation models and calculator

No model value for Capital Southwest Corp at the moment. Current status: data-quality checks not passed. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: data-quality checks not passed.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Capital Southwest Corp as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 8.6%: the 10-year Treasury yield (4.9%) plus a beta of 0.8 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$22 ~$18–$28 Primary model, counts double
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$19 ~$15–$25 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$20 ~$18–$23 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$25 ~$27–$67 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. ~$24 ~$21–$28 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Capital Southwest Corp with asset managers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.25 −5% $267m +15%
Next $2.38 +6% $307m +15%

Next year's EPS estimate has moved +7.4% in 90 days, across 6 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.2% on 90 days ago. In the last 30 days, 2 analysts raised Capital Southwest Corp's forecast and 3 cut it.

Consensus EPS forecast Capital Southwest Corp, last 90 days
$2.20 $2.25 $2.30 $2.35 $2.40 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $2.22 Current fiscal year, 60 days ago: $2.24 Current fiscal year, 30 days ago: $2.24 Current fiscal year, 7 days ago: $2.24 Current fiscal year, Now: $2.25 $2.25 Next fiscal year, 90 days ago: $2.21 Next fiscal year, 60 days ago: $2.33 Next fiscal year, 30 days ago: $2.33 Next fiscal year, 7 days ago: $2.33 Next fiscal year, Now: $2.38 $2.38

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $2.22$2.21
60 days ago $2.24$2.33
30 days ago $2.24$2.33
7 days ago $2.24$2.33
Now $2.25$2.38

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.56 $0.56 +0.7%
Jun 2026 $0.55 $0.58 +5.5%
Mar 2026 $0.58 $0.57 −1.7%
Dec 2025 $0.60 $0.64 +7.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

7 analysts, Nov 2026
Buy457%
Hold343%
Sell00%

Monthly trend

  1. Nov 20261337
  2. Oct 20261326

Counts of recommendations published by analysts covering Capital Southwest Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.7%
of tradable shares
Days to cover
6.36
at average volume
Short interest, 1 month
−11%
to October 15, 2026
Held by institutions
29%
of shares
Held by insiders
2.8%
of shares
Employees
36
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
CSWC+57%−24%+56%+2%+14%+16%
Industry peers (median)+33%−17%+19%+15%−4%−6%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
CSWC67%17%75%42%67%73%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
CSWC−15%−31%−14%−19%−22%−11%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 61% from January 22, 2020 to March 18, 2020. Getting back needed a 157% gain, reached on February 2, 2021, 321 days after the low.

Price behaviour

52-week range
$17.88 – $25.09
From 52-week high
−6.6%
vs 50-day average
−0.2%
vs 200-day average
+4.2%
Volatility (1 year)
18%
Beta vs S&P 500
0.63

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 4 down
typical move ±1.4%
After a week
5 up, 6 down
typical move ±2.2%
After a month
5 up, 5 down
typical move ±3.0%
Results releasedNext dayS&P 500 next day5 days21 days
October 15, 2026 −0.6% −0.8% −3.6% —
August 3, 2026 +4.8% +3.3% +6.6% +6.6%
July 16, 2026 +1.5% −1.5% −2.1% +4.7%
May 13, 2026 +1.0% +1.4% −1.5% −0.2%
April 16, 2026 +1.3% +1.5% −2.3% −1.0%
February 2, 2026 −0.7% −0.4% −0.8% −2.3%
January 15, 2026 +1.9% +0.2% −0.7% −0.4%
November 3, 2025 −1.7% −1.0% +2.3% +8.4%
October 15, 2025 +1.7% −0.2% +2.5% +4.4%
August 6, 2025 −0.5% +0.7% +1.6% +2.4%
July 15, 2025 +0.1% −0.1% +0.5% 0.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Capital Southwest Corp
$4M $6M $8M $10M $12M FY11 Q4 FY12 Q2 FY12 Q4 FY13 Q2 FY13 Q4 Revenue (TTM), FY11 Q4: $7.6M Revenue (TTM), FY12 Q1: $5.8M Revenue (TTM), FY12 Q2: $5.9M Revenue (TTM), FY12 Q3: $9.2M Revenue (TTM), FY12 Q4: $9.3M Revenue (TTM), FY13 Q1: $9.6M Revenue (TTM), FY13 Q2: $9.7M Revenue (TTM), FY13 Q3: $11M Revenue (TTM), FY13 Q4: $10.8M $10.8M

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue (TTM)
FY11 Q4 $7.6M
FY12 Q1 $5.8M
FY12 Q2 $5.9M
FY12 Q3 $9.2M
FY12 Q4 $9.3M
FY13 Q1 $9.6M
FY13 Q2 $9.7M
FY13 Q3 $11M
FY13 Q4 $10.8M
Revenue growth, TTM YoY Capital Southwest Corp
0% 20% 40% 60% 80% FY12 Q4 FY13 Q1 FY13 Q2 FY13 Q3 FY13 Q4 Revenue growth, TTM YoY, FY12 Q4: 23.3% Revenue growth, TTM YoY, FY13 Q1: 65.4% Revenue growth, TTM YoY, FY13 Q2: 64.2% Revenue growth, TTM YoY, FY13 Q3: 20.4% Revenue growth, TTM YoY, FY13 Q4: 16.1% 16.1%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue growth, TTM YoY
FY12 Q4 23.3%
FY13 Q1 65.4%
FY13 Q2 64.2%
FY13 Q3 20.4%
FY13 Q4 16.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Mar 2010 2011 Mar 2011 2012 Mar 2012 2013 Mar 2013
Income
Revenue 6 8 9 11
Growth (year on year)
Revenue — +23.9% +23.3% +16.1%
Cash flow
Cash from operations −7 68 24 94
Stock-based pay 1 1 1 —
Balance sheet
Cash 4 45 65 82
Total debt 0 0 0 0
Net debt (negative = net cash) −4 −45 −65 −82
Returned to shareholders
Dividends — 0 0 77
Total returned — 0 0 77

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

Dividends (TTM)
$157M
Returned to shareholders
-37%
of free cash flow
Diluted share count
+16.6%
year over year
Dividend payout ratio
147%
of net income paid out

Competitors: side by side with peers

Closest by revenue in asset management & custody banks
Last 12 months unless stated CSWC GROW DFDV GEG NAKA TONX Median
Revenue, last 12 months $11m $14m $15m $28m $28m $30m $842m
Revenue growth, last 12 months 16.1% 32.8% 328.6% 70.2% >999% 592.3% 16.6%
Revenue growth, 3-year average — −1.5% 94.4% 3.0% — 163.9% 10.2%
Revenue growth, latest quarter −15.0% 57.9% 66.9% 88.3% >999% 607.4% 14.4%
Gross margin — — 97.8% — — 83.1% 80.2%
Operating margin — −4.2% −866.5% −50.4% <−999% −115.6% 25.8%
Operating margin, 3-year average — −12.0% −233.9% −47.8% −664.9% <−999% 18.8%
Net margin — 21.2% <−999% −127.6% <−999% −532.8% 15.2%
Cash from operations / revenue 870.7% 5.2% −198.9% 56.4% −169.5% −94.7% 26.8%
Free-cash-flow margin — 5.2% −198.9% 51.8% −169.5% −94.8% 21.9%
Free-cash-flow margin, 3-year average — 1.5% −149.5% −34.8% −140.9% <−999% 17.6%
Stock pay / revenue 11.3% 0.1% 20.6% 8.2% 20.2% 78.4% 4.0%
Change in share count 16.6% −4.9% — 19.8% 937.0% >999% −0.2%

Median of all 44 companies we cover in asset management & custody banks. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Who owns it

Funds buying and selling
Reported value
$414M
Institutions reporting
189
Shares held vs prior quarter
▲ 3.7%
Positions opened / closed
33 / 9

Top buyers and sellers, Q2 2026: 105 institutions bought and 63 sold ; the biggest buyer was Van Eck Associates Corp (+399K shares) and the biggest seller Two Sigma Investments, LP (−1.2M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Van Eck Associates Corp $36.3M 1.5M 8.8% ▲ 35.4%
UBS Group AG $29M 1.2M 7.0% ▲ 42.6%
Two Sigma Investments, LP $28.1M 1.2M 6.8% ▼ 49.8%
Sound Income Strategies, LLC $22.2M 934K 5.4% ▲ 3.4%
Sanders Morris Harris LLC $18.1M 760K 4.4% ▼ 31.6%
Empowered Funds, LLC $12.5M 526K 3.0% ▼ 15.1%
Empirical Finance, LLC $12.5M 526K 3.0% ▼ 15.1%
Legal & General Group PLC $11.9M 500K 2.9% ▲ 12.8%
Cetera Investment Advisers $11.7M 491K 2.8% ▲ 8.4%
Muzinich & Co., Inc. $10.4M 436K 2.5% ▲ 2.3%
Envestnet Asset Management Inc $9.9M 418K 2.4% ▲ 3.6%
LPL Financial LLC $9.6M 403K 2.3% ▲ 73.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Capital Southwest Corp's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $269,880 7 trades by 4 insiders, last 12 months Insider sales History → $108,555 1 trade by 1 insider · 0% under pre-set plans
Net ▲ $161,325 net buying
Insider Date Trade Shares Price Value
Thomas William R Iii Director October 1, 2026 Buy 2,170 $23.04 $50,005
Rogers-Windsor Ramona Lynn Director June 30, 2026 Buy 211 $23.70 $5,000
Battist Christine Director June 17, 2026 Buy 860 $23.23 $19,978
Thomas William R Iii Director June 5, 2026 Sell 4,661 $23.29 $108,555
Thomas William R Iii Director June 5, 2026 Buy 5,000 $23.40 $117,000
Rogers-Windsor Ramona Lynn Director June 1, 2026 Buy 213 $23.42 $4,988
Sarner Michael Scott President and CEO February 27, 2026 Buy 2,695 $21.90 $59,013
Battist Christine Director February 9, 2026 Buy 600 $23.16 $13,896

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

  • November 2, 2026
  • October 15, 2026
  • August 3, 2026
  • July 16, 2026
  • May 13, 2026
  • April 16, 2026

Recent SEC filings

Data status

When each part of this page on Capital Southwest Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Capital Southwest Corp in brief

What does Capital Southwest Corp do?
Capital Southwest Corp is a US-listed company in the asset management & custody banks industry. Its financial year ends in March.
What is Capital Southwest Corp's stock ticker?
Capital Southwest Corp trades under the ticker CSWC on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
Who are Capital Southwest Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Van Eck Associates Corp, UBS Group AG and Two Sigma Investments, LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Does Capital Southwest Corp pay a dividend?
Yes: Capital Southwest Corp paid $157M in dividends over the trailing twelve months and a payout ratio of 147.2%.
Who are Capital Southwest Corp's competitors?
In our Asset Management & Custody Banks peer group, the companies closest to Capital Southwest Corp are U S Global Investors Inc, Defi Development Corp., Great Elm Group, Inc., Nakamoto Inc. and TON Strategy Co. The side-by-side comparison below sets their revenue, margins and growth against Capital Southwest Corp's.
Are insiders buying or selling Capital Southwest Corp stock?
Over the last 12 months, Capital Southwest Corp's directors and officers reported 7 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.