STOCK TITAN

CSW Industrials Inc - CSWI STOCK NEWS

Welcome to our dedicated news page for CSW Industrials (Ticker: CSWI), a resource for investors and traders seeking the latest updates and insights on CSW Industrials.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CSW Industrials's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CSW Industrials's position in the market.

Rhea-AI Summary
CSW Industrials, Inc. (CSWI) has declared a regular quarterly cash dividend of $0.21 per share, marking a 10.5% increase from the prior quarter. The dividend will be payable on May 10, 2024, to shareholders of record as of April 26, 2024. The company has shown strong financial performance, returning $143 million to shareholders over the past five years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.97%
Tags
dividends
-
Rhea-AI Summary
CSW Industrials, Inc. (Nasdaq: CSWI) announced the strategic deployment of $30.3 million for acquiring Dust Free®, Guardian Drain Lock, and Sure Grade Drain. The acquisitions are expected to enhance the Company’s product offerings for residential and commercial customers in HVAC/R and plumbing end markets, positively impacting the health of customers and driving impressive growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.9%
Tags
-
Rhea-AI Summary
CSW Industrials, Inc. appoints Jeff Underwood as Senior Vice President and General Manager, Contractor Solutions, effective April 1, 2024, as part of the Company’s leadership succession strategy. Underwood will succeed Don Sullivan, who will transition to the role of Chief Strategy Officer. The announcement was made by Joseph B. Armes, CSW Industrial’s Chairman, CEO, and President. Underwood has a proven track record in building high-performing teams and has been responsible for the Contractor Solutions segment’s growth. Sullivan, on the other hand, has successfully executed and integrated nearly $500 million in strategic acquisitions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.98%
Tags
management
Rhea-AI Summary
CSW Industrials, Inc. (Nasdaq: CSWI) reported record results for the fiscal 2024 third quarter and nine-month year-to-date periods ended December 31, 2023. Total revenue increased 2% to $175.0 million in the third quarter, with net income of $9.2 million. For the year-to-date period, total revenue increased 4% to $582.0 million, with net income of $69.9 million. Adjusted EBITDA increased 18% to $36.8 million in the third quarter, and 16% to $144.2 million for the year-to-date period. CSWI paid down $20 million of debt and returned cash to shareholders of $8.9 million in dividends and $5.8 million in share repurchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.98%
Tags
-
Rhea-AI Summary
CSW Industrials, Inc. (CSWI) is set to release its earnings results for the fiscal third quarter ended December 31, 2023, on February 1, 2024. The company will host a conference call to discuss the results and a live webcast will be available. A telephone replay will also be accessible for a limited time. Participants can access the call and replay via phone or online.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
-
Rhea-AI Summary
CSW Industrials, Inc. (Nasdaq: CSWI) declares a regular quarterly cash dividend of $0.19 per share, payable on February 9, 2024, to shareholders of record as of January 26, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
dividends
Rhea-AI Summary
CSW Industrials reports record results for Q2 and first half of fiscal year 2024. Q2 revenue increased 7% to $203.7 million, net income increased 24% to $30.1 million, and EPS improved 23% to $1.93. Q2 EBITDA increased 21% to $53.0 million. First half revenue increased 4% to $407.0 million, net income increased 13% to $60.7 million, and EPS improved 13% to $3.90. First half EBITDA increased 15% to $107.4 million. The company paid down $37 million of debt in Q2 and $80 million in the first half.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.93%
Tags
-
Rhea-AI Summary
CSW Industrials to release earnings results for fiscal second quarter on November 2, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
-
Rhea-AI Summary
CSW Industrials, Inc. declares $0.19 per share quarterly cash dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
dividends
Rhea-AI Summary
CSW Industrials reports record results for fiscal 2024 Q1 with total revenue of $203.4 million, net income of $30.6 million, and EPS of $1.97. EBITDA increased 10% to $54.4 million, and cash flow from operations increased 199% to $50.3 million. The company paid down $43.0 million of debt and improved its leverage ratio to approximately 1.1x.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.11%
Tags
CSW Industrials Inc

Nasdaq:CSWI

CSWI Rankings

CSWI Stock Data

3.67B
15.31M
4.96%
85.24%
1.31%
Adhesive Manufacturing
Manufacturing
Link
US
Dallas

About CSWI

csw industrials is a diversified industrial growth company with a portfolio of industry-leading businesses in industrial products; coatings, sealants & adhesives; and specialty chemicals. the companies in our portfolio—rectorseal, whitmore, jet-lube, strathmore, smoke guard and balco—manufacture, distribute and sell hundreds of industrial products, many of which are leaders in their respective industries. these products include mechanical products for heating, ventilation and air conditioning (hvac) and refrigeration applications; coatings and sealants; and high-performance specialty lubricants. (nasdaq: cswi)