CSWC
Capital Southwest Corporation
NasdaqGSUSDEQUITY
Financial Services
DELAYED
Neutral
+17/100
Last price
23.78
▲ 0.21 (0.89%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
23.57
Prev close
23.57
Day high
23.78
Day low
23.57
Volume
395.73K
Market cap
$1.51B
P/E (TTM)
13.08
52W range
19.37 – 25.75
Day trading desk
Gap from prior close
+0.00%
Prior close 23.57
VWAP
23.70
+0.36% from price
Relative volume
1.20×
Normal
Session range
1.36%
23.57 – 23.89
Position in range
66%
Mid range
ATR (14D)
0.39
1.65% of price
Prior day high
23.89
PDH
Prior day low
23.52
PDL
Bid / ask spread
—
Quote not published
Session volume
751.85K
Avg 624.82K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+1.50%
-0.4%
1M
-3.70%
-4.9%
3M
+0.68%
-3.8%
6M
+4.87%
-13.3%
YTD
+6.86%
-7.4%
1Y
+8.33%
-8.1%
3Y
+3.36%
-78.9%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on CSWC open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+328.74K
Net buying
Buy transactions
13
333.40K shares
Sell transactions
1
4.66K shares
Net transactions
+14
Buys less sells
Sell : buy shares
0.0 : 1
Mixed
Insider-held shares
1.77M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Oct 1, 26 | THOMAS WILLIAM R III Director |
BUY | 2.17K | $50.01K | Direct |
| Aug 10, 26 | FURST JACK D Director |
STOCK | 1.99K | $0 | Direct |
| Aug 10, 26 | THOMAS WILLIAM R III Director |
STOCK | 1.99K | $0 | Direct |
| Aug 10, 26 | BATTIST CHRISTINE S Director |
STOCK | 1.99K | $0 | Direct |
| Aug 10, 26 | BROOKS DAVID R Director |
STOCK | 1.99K | $0 | Direct |
| Aug 10, 26 | ROGERS-WINDSOR RAMONA LYNN Director |
STOCK | 1.99K | $0 | Direct |
| Jun 30, 26 | ROGERS-WINDSOR RAMONA LYNN Director |
BUY | 210 | $5.00K | Direct |
| Jun 17, 26 | BATTIST CHRISTINE S Director |
BUY | 860 | $19.98K | Direct |
| Jun 9, 26 | SARNER MICHAEL SCOTT Chief Executive Officer |
STOCK | 140.00K | $0 | Direct |
| Jun 9, 26 | WEINSTEIN JOSHUA S Chief Investment Officer |
STOCK | 100.00K | $0 | Direct |
| Jun 9, 26 | REHBERGER CHRIS Chief Financial Officer |
STOCK | 75.00K | $0 | Direct |
| Jun 5, 26 | THOMAS WILLIAM R III Director |
BUY | 5.00K | $117.00K | Direct |
| Jun 5, 26 | THOMAS WILLIAM R III Director |
SELL | 4.66K | $108.57K | Direct |
| Jun 1, 26 | ROGERS-WINDSOR RAMONA LYNN Director |
BUY | 213 | $4.99K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BATTIST CHRISTINE S |
Director | 23.34K | Stock Award(Grant) |
BROOKS DAVID R |
Director | 42.93K | Stock Award(Grant) |
FURST JACK D |
Director | 88.94K | Stock Award(Grant) |
REHBERGER CHRIS |
Chief Financial Officer | 215.97K | Stock Award(Grant) |
ROGERS-WINDSOR RAMONA LYNN |
Director | 25.08K | Stock Award(Grant) |
SARNER MICHAEL SCOTT |
Chief Executive Officer | 587.68K | Stock Award(Grant) |
THOMAS WILLIAM R III |
Director | 600.78K | Purchase |
WEINSTEIN JOSHUA S |
Chief Investment Officer | 380.58K | Stock Award(Grant) |
Fundamentals
Market cap$1.51B
Enterprise value$2.68B
Revenue (TTM)$237.21M
Gross profit$237.21M
EBITDA$215.78M
Net income$109.47M
EPS (TTM)$1.81
Free cash flow$92.71M
Total cash$58.46M
Total debt$1.23B
Book value / share$16.61
Shares outstanding63.73M
Float61.77M
Short % of float6.46%
Dividend yield12.85%
Beta (5Y)0.75
Valuation & profitability ratios
Trailing P/E13.08
Forward P/E10.14
PEG ratio12.54
Price / sales—
Price / book1.43
EV / revenue11.28
EV / EBITDA12.40
Gross margin100.00%
Operating margin87.58%
Profit margin46.68%
Return on equity11.21%
Return on assets6.21%
Debt / equity115.84
Current ratio73.93
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2026 | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|---|
| Total revenue | $151.34M | $108.85M | $109.06M | $61.45M | +39.0% |
| Operating revenue | $151.34M | $108.85M | $109.06M | $61.45M | +39.0% |
| Selling, general & admin | $12.00M | $10.93M | $8.95M | $7.81M | +9.8% |
| Total operating expense | $31.06M | $29.44M | $24.46M | $21.39M | +5.5% |
| Pre-tax income | $120.28M | $79.41M | $84.60M | $40.07M | +51.5% |
| Tax provision | $7.29M | $8.87M | $1.21M | $6.97M | -17.8% |
| Net income | $113.00M | $70.55M | $83.39M | $33.09M | +60.2% |
| Basic EPS | 1.98 | 1.47 | 2.05 | 1.10 | +34.7% |
| Diluted EPS | 1.90 | 1.47 | 2.05 | 1.10 | +29.3% |
| Basic shares | 56.53M | 47.45M | 40.73M | 30.02M | +19.1% |
| Diluted shares | 65.83M | 51.19M | 40.73M | 30.02M | +28.6% |
| Line item | 2026 | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $29.05M | $43.22M | $32.27M | $21.59M | -32.8% |
| Total assets | $2.18B | $1.88B | $1.56B | $1.26B | +15.7% |
| Total debt | $1.13B | $956.07M | $770.85M | $637.64M | +18.3% |
| Total liabilities | $1.17B | $999.21M | $801.08M | $667.28M | +16.7% |
| Retained earnings | -$79.01M | -$88.72M | -$52.53M | -$41.84M | +10.9% |
| Shareholder equity | $1.01B | $883.63M | $755.68M | $590.41M | +14.4% |
| Net tangible assets | $1.01B | $883.63M | $755.68M | $590.41M | +14.4% |
| Shares issued | 60.58M | 52.91M | 45.05M | 38.42M | +14.5% |
| Line item | 2026 | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|---|
| Net income | $113.00M | $70.55M | $83.39M | $33.09M | — | +60.2% |
| Depreciation & amortisation | $6.97M | $5.87M | $4.30M | $2.75M | — | +18.9% |
| Change in working capital | -$5.12M | -$4.73M | -$3.86M | -$3.88M | — | -8.3% |
| Operating cash flow | -$193.50M | -$217.26M | -$188.50M | -$227.10M | — | +10.9% |
| Capital expenditure | -$286.00K | -$1.67M | -$13.00K | -$281.00K | — | +82.8% |
| Investing cash flow | -$286.00K | -$1.67M | -$13.00K | -$281.00K | — | +82.8% |
| Share buybacks | — | — | — | — | $0 | — |
| Dividends paid | -$147.23M | -$125.27M | -$102.92M | -$71.10M | — | -17.5% |
| Financing cash flow | $178.36M | $231.52M | $199.20M | $237.53M | — | -23.0% |
| Free cash flow | -$193.79M | -$218.92M | -$188.51M | -$227.38M | — | +11.5% |
| End cash position | $29.45M | $44.87M | $32.27M | $21.59M | — | -34.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $32.69M | $32.64M | $43.89M | $36.38M | $38.44M | +0.2% |
| Operating revenue | $32.69M | $32.64M | $43.89M | $36.38M | $38.44M | +0.2% |
| Selling, general & admin | $3.43M | $3.22M | $2.90M | $3.01M | $2.87M | +6.6% |
| Total operating expense | $7.58M | $5.26M | $10.92M | $6.91M | $7.97M | +44.1% |
| Pre-tax income | $25.11M | $27.38M | $32.97M | $29.47M | $30.47M | -8.3% |
| Tax provision | $379.00K | -$102.00K | $71.00K | $3.85M | $3.47M | +471.6% |
| Net income | $24.73M | $27.48M | $32.90M | $25.62M | $27.00M | -10.0% |
| Net income to common | $24.36M | $26.26M | $32.90M | $25.62M | $26.67M | -7.2% |
| Basic EPS | 0.40 | — | 0.57 | 0.46 | 0.50 | — |
| Diluted EPS | 0.39 | — | 0.54 | 0.44 | 0.48 | — |
| Basic shares | 61.14M | — | 57.53M | 55.54M | 53.52M | — |
| Diluted shares | 70.51M | — | 66.84M | 64.83M | 62.78M | — |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $58.46M | $29.05M | $42.56M | $87.43M | $46.89M | +101.3% |
| Total assets | $2.32B | $2.18B | $2.12B | $2.02B | $1.88B | +6.3% |
| Total debt | $1.22B | $1.13B | $1.07B | $1.03B | $925.95M | +8.0% |
| Total liabilities | $1.26B | $1.17B | $1.12B | $1.07B | $965.94M | +7.8% |
| Retained earnings | -$93.92M | -$79.01M | -$76.45M | -$107.48M | -$97.06M | -18.9% |
| Shareholder equity | $1.06B | $1.01B | $995.63M | $947.00M | $916.47M | +4.7% |
| Net tangible assets | $1.06B | $1.01B | $995.63M | $947.00M | $916.47M | +4.7% |
| Shares issued | 63.73M | 60.58M | 59.46M | 56.97M | 55.23M | +5.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $24.73M | $27.48M | $32.90M | $25.62M | $27.00M | — | -10.0% |
| Depreciation & amortisation | $1.80M | $1.76M | $1.77M | $1.75M | $1.68M | — | +2.1% |
| Change in working capital | -$3.08M | -$4.00M | $1.64M | -$3.98M | $1.22M | — | +23.0% |
| Operating cash flow | -$80.87M | -$59.14M | -$93.63M | -$71.22M | $30.49M | — | -36.7% |
| Capital expenditure | — | -$49.00K | -$15.00K | -$81.00K | -$141.00K | -$396.00K | — |
| Investing cash flow | $0 | -$49.00K | -$15.00K | -$81.00K | -$141.00K | — | +100.0% |
| Dividends paid | -$39.64M | -$38.55M | -$37.30M | -$36.04M | -$35.34M | — | -2.8% |
| Financing cash flow | $110.28M | $44.42M | $48.78M | $111.84M | -$26.68M | — | +148.2% |
| Free cash flow | -$80.87M | -$59.19M | -$93.65M | -$71.31M | $30.35M | — | -36.6% |
| End cash position | $58.86M | $29.45M | $44.21M | $89.08M | $48.54M | — | +99.9% |
Options analytics
Put / call volume
14.40
Put-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
22.50
-4.9% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
-6.2%
Calls bid over puts
Call volume
5
Contracts, this expiry
Put volume
72
Contracts, this expiry
Heaviest call OI
22.50
0 contracts
Heaviest put OI
22.50
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.55 | 0.58 | +5.5% |
| Mar 2026 | 0.58 | 0.57 | -1.7% |
| Dec 2025 | 0.60 | 0.64 | +7.4% |
| Sep 2025 | 0.58 | 0.57 | -1.9% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.56 | 6 | $65.53M | +15.1% |
| Next quarter | 0.57 | 6 | $68.90M | +12.1% |
| Current year | 2.24 | 6 | $266.59M | +14.9% |
| Next year | 2.33 | 5 | $302.80M | +13.6% |
Analyst targets & ownership
Mean target$25.30
High target$29.00
Low target$21.00
Implied upside6.39%
Analyst count5
ConsensusNONE
Strong buy / Buy1 / 3
Hold2
Sell / Strong sell0 / 0
Held by insiders2.78%
Held by institutions29.07%
Institutions holding221
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
23.28
+2.14% from price
SMA 20
23.56
+0.48% from price
SMA 50
24.26
-2.42% from price
SMA 100
23.87
-0.36% from price
SMA 200
23.34
+1.41% from price
EMA 12
23.48
+1.29% from price
EMA 26
23.74
+0.18% from price
EMA 50
23.92
-0.57% from price
RSI (14)
48.2
Neutral
MACD (12,26,9)
-0.26
Hist 0.06
ATR (14)
0.39
1.66% of price
Realised vol 30D
14.8%
Annualised
Bollinger upper
24.34
20, 2σ
Bollinger lower
22.77
20, 2σ
50 / 200 cross
Golden
24.26 vs 23.34
Trend bias
Above 200
+1.41%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.70
Less volatile than market
Correlation to SPY
0.47
Loosely linked
Realised vol 30D
14.8%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-10.1%
Peak to trough
Max drawdown 5Y
-41.0%
Peak to trough
ATR 14
0.39
1.66% of price
Beta (reported)
0.75
5Y monthly, from filing
Short interest
Shares short
4.01M
Prior 4.87M
Change vs prior
-17.7%
Shorts covering
% of float
6.46%
Normal
% of shares out
6.29%
Against total outstanding
Days to cover
6.8
Crowded exit
Float
61.77M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 5, 26 | B. Riley Securities | MAINTAINED | Buy | Buy |
| Aug 5, 26 | Citizens | MAINTAINED | Market Outperform | Market Outperform |
| May 15, 26 | B. Riley Securities | MAINTAINED | Buy | Buy |
| Oct 14, 25 | UBS | MAINTAINED | Neutral | Neutral |
| Sep 5, 25 | Clear Street | INITIATED | — | Hold |
| Aug 8, 25 | Raymond James | MAINTAINED | Outperform | Outperform |
| Aug 8, 25 | B. Riley Securities | MAINTAINED | Buy | Buy |
| Jul 16, 25 | UBS | MAINTAINED | Neutral | Neutral |
| Jun 24, 25 | JMP Securities | UPGRADE | Market Perform | Market Outperform |
| May 16, 25 | Raymond James | MAINTAINED | Outperform | Outperform |
| Apr 17, 25 | UBS | MAINTAINED | Neutral | Neutral |
| Oct 30, 24 | B. Riley Securities | MAINTAINED | Neutral | Neutral |
Dividends & splits
Forward rate$3.04 / yr
Forward yield12.85%
5-year avg yield10.19%
Payout ratio141.48%
Ex-dividend dateOct 15, 2026
Next pay dateDec 31, 2026
Last split2724:1000
Split dateOct 1, 2015
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-09-15
Corporate Changes & Voting Matters
8-K · 2026-09-02
Corporate Changes & Voting Matters
8-K · 2026-09-01
Corporate Changes & Voting Matters
8-K · 2026-08-27
Proxy Statements
DEFA14A · 2026-08-25
Proxy Statements
DEFA14A · 2026-08-14
Proxy Statements
DEFA14A · 2026-08-04
Periodic Financial Reports
10-Q · 2026-08-03
Headlines
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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