Csw Industrials Inc Stock Price, News & Analysis

CSW Industrials (CSWI) reported record results for fiscal 2025 Q2. Total revenue increased 11.9% to $227.9 million, with organic growth of 6.2% and inorganic growth of 5.7%. Net income rose 20% to $36.1 million, with EPS up 17.1% to $2.26. EBITDA grew 14.8% to $60.8 million with margin expansion of 70 bps to 26.7%. The company completed a successful follow-on equity offering of 1.265 million shares at $285 per share, generating net proceeds of $347.4 million, which was used to pay down all outstanding debt of $115 million on the revolver.

CSW Industrials (NASDAQ: CSWI) has announced its plans for the fiscal second quarter 2025 earnings release and conference call. The company will disclose its financial results for the quarter ended September 30, 2024 on Wednesday, October 30, 2024, before the market opens. A conference call is scheduled for the same day at 10:00 am Eastern Time to discuss the results.

Interested parties can access the call using the following numbers: 1-877-407-0784 for domestic callers and 1-201-689-8560 for international callers. A live webcast will also be available on the company's website. A telephone replay will be accessible shortly after the call until November 13, 2024, using the numbers 1-844-512-2921 (domestic) and 1-412-317-6671 (international) with the access code 13749338.

CSW Industrials (Nasdaq: CSWI) has announced a 14.3% increase in its quarterly cash dividend to $0.24 per share. This represents a $0.03 per share increase from the previous quarter. The dividend will be payable on November 8, 2024, to shareholders of record as of the close of business on October 25, 2024.

Joseph B. Armes, CSW Industrials Chairman, President, and CEO, stated that the mid-year dividend increase reflects the company's strong balance sheet, cash flows, and profitability. He also highlighted that since October 2015, CSW Industrials has returned over $200 million in cash to shareholders through share repurchases and dividends, while delivering impressive growth and best-in-class margins.

CSW Industrials (CSWI) has upsized and priced its public offering of common stock. The offering increased from 1,000,000 to 1,100,000 shares at $285 per share, raising approximately $313.5 million in gross proceeds. The company also granted underwriters a 30-day option to purchase up to 165,000 additional shares. The offering is expected to close around September 6, 2024.

CSWI plans to use the net proceeds to repay outstanding debt and for general corporate purposes, including potential future acquisitions. J.P. Morgan, Goldman Sachs & Co. , and Truist Securities are acting as lead book-running managers for the offering.

CSW Industrials (CSWI) has announced a public offering of 1,000,000 shares of common stock, with an option for underwriters to purchase an additional 150,000 shares. The company plans to use the net proceeds to repay outstanding debt and for general corporate purposes, including potential future acquisitions. J.P. Morgan, Goldman Sachs & Co. , and Truist Securities are acting as lead book-running managers. The offering is subject to market conditions, and there's no guarantee of completion or final terms. The shares will be offered under the company's shelf registration statement on Form S-3, which became effective on September 4, 2024.

CSW Industrials (CSWI) has announced the strategic acquisition of PSP Products, Inc. for $40 million. This move expands CSWI's Contractor Solutions segment, adding surge protection devices and load management systems to its product portfolio. The acquisition, valued at approximately 5.0x PSP's trailing twelve-month EBITDA, is expected to be accretive to earnings per share in the first full year. CSWI funded the transaction with cash on hand and borrowings from its existing $500 million revolving credit facility.

This acquisition aligns with CSWI's strategy to leverage its HVAC/R distribution channel and drive long-term shareholder value. The integration of PSP is anticipated to yield additional market share gains and foster innovation in HVAC electrical products. Since going public in October 2015, CSWI has invested a cumulative $647 million in acquisitions.

CSW Industrials (CSWI) reported record results for Q1 fiscal 2025, with significant growth across key financial metrics:

- Revenue increased 11.2% to $226.2 million, driven by 7.7% organic growth and 3.5% from the Dust Free acquisition
- Net income rose 26.1% to $38.6 million
- EPS grew 25.4% to $2.47
- EBITDA increased 19.9% to $65.3 million, with margin expansion of 210 bps to 28.9%
- Cash flow from operations up 24.7% to $62.7 million

The company paid down $51 million in debt, reducing its leverage ratio to 0.49x. Growth was driven by volume increases, pricing initiatives, and the Dust Free acquisition, with strong performance in the Contractor Solutions segment.

CSW Industrials (NASDAQ: CSWI) has announced the date for its fiscal first quarter 2025 earnings release conference call. The company will release its earnings results for the quarter ended June 30, 2024, on Wednesday, July 31, 2024, before the market opens. A conference call will be held the same day at 10:00 am Eastern Time to discuss the results.

Participants can access the call using the following numbers:

• Domestic: 1-877-407-0784
• International: 1-201-689-8560

• Domestic: 1-844-512-2921
• International: 1-412-317-6671
• Access code: 13747993

CSW Industrials (Nasdaq: CSWI) announced a regular quarterly cash dividend of $0.21 per share.

The dividend will be paid on August 9, 2024, to shareholders who are registered by the close of business on July 26, 2024.

This declaration reflects the company's ongoing commitment to returning value to its shareholders.

Key details include a dividend amount of $0.21, a record date of July 26, 2024, and a payable date of August 9, 2024.