Saratoga Investment Corp. (SAR)
Market Cap | 342.81M |
Revenue (ttm) | 155.26M |
Net Income (ttm) | 21.18M |
Shares Out | 13.80M |
EPS (ttm) | 1.57 |
PE Ratio | 15.85 |
Forward PE | 7.87 |
Dividend | $2.96 (11.92%) |
Ex-Dividend Date | Sep 11, 2024 |
Volume | 83,515 |
Open | 24.55 |
Previous Close | 24.38 |
Day's Range | 24.55 - 24.84 |
52-Week Range | 21.56 - 27.00 |
Beta | 1.35 |
Analysts | Buy |
Price Target | 25.42 (+2.34%) |
Earnings Date | Oct 8, 2024 |
About SAR
Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. The firm prefers to invest in aerospace, automot... [Read more]
Financial Performance
In 2023, Saratoga Investment's revenue was $143.72 million, an increase of 45.02% compared to the previous year's $99.10 million. Earnings were $8.93 million, a decrease of -63.80%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for SAR stock is "Buy." The 12-month stock price forecast is $25.42, which is an increase of 2.34% from the latest price.
News
Saratoga Investment Corp. Announces Quarterly Dividend of $0.74 Per Share for the Fiscal Third Quarter Ending November 30, 2024
Also Announces Special Dividend of $0.35 Per Share Fulfilling our Fiscal 2024 Distribution Requirements Total Distributions in the Fiscal Third Quarter Amount to $1.09 Per Share
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A Game Plan For BDC Investors Before The Earnings Season
Major BDCs are soon about to report their Q3, 2024 earnings. The current sector-wide challenges do not send encouraging signals. The Management team of SAR, which is one the BDCs that report 10-Q earl...
Saratoga Investment Corp (SAR) Q2 2025 Earnings Call Transcript
Saratoga Investment Corp (NYSE:SAR) Q2 2025 Earnings Conference Call October 9, 2024 10:00 AM ET Company Participants Henri Steenkamp - Chief Financial Officer, Chief Compliance Officer, Treasurer an...
Saratoga Investment Corp (SAR) Reports Q2 2025 Earnings: EPS at $0.
On October 8, 2024, Saratoga Investment Corp (SAR, Financial) released its 8-K filing for the fiscal second quarter of 2025, showcasing a commendable financial performance that surpassed analyst expec...
Saratoga Investment Corp. Announces Fiscal Second Quarter 2025 Financial Results
Reports Per Share Increases in Net Investment Income (“NII”), Adjusted NII, and Net Asset Value (“NAV”), as Compared to Prior Quarter Reports Per Share Increases in Net Investment Income (“NII”), Adju...
Saratoga Investment Corp (SAR) Q2 2025 Earnings Report Preview: What To Expect
Saratoga Investment Corp (SAR, Financial) is set to release its Q2 2025 earnings on Oct 8, 2024. The consensus estimate for Q2 2025 revenue is $37.12 million, and the earnings are expected to come in ...
Saratoga Investment Corp. Announces Postponement of Annual Meeting of Stockholders Until October 23, 2024
Urges Stockholders To Vote Their Shares NEW YORK, NY, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE: SAR) (“Saratoga Investment,” “Saratoga” or “the Company”) today announced that...
Saratoga Investment Corp. to Report Fiscal Second Quarter 2025 Financial Results and Hold Conference Call
NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended August 31, 2024, on Tu...
Saratoga Investment Corp: 12% Yield, 13% Discount
Saratoga Investment Corp: 12% Yield, 13% Discount
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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Saratoga Investment Corp. Announces Quarterly Dividend of $0.74 per Share for the Fiscal Second Quarter Ending August 31, 2024
This Dividend Represents an Increase of Approximately 4.2% as Compared to Same Second Quarter of Fiscal 2024 NEW YORK, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga...
Saratoga Investment Corp. Announces Distribution of Proxy Materials for its 2024 Annual Meeting of Stockholders
Urges Stockholders to Reduce Solicitation Costs by Voting their Shares Immediately Urges Stockholders to Reduce Solicitation Costs by Voting their Shares Immediately
BDC Weekly Review: Early Earnings Guidance Is Bullish For The Sector
We take a look at the action in business development companies through the second week of July and highlight some of the key themes we are watching. BDCs had a solid week with an 0.8% average total re...
Saratoga Investment: The Leverage Remains A Concern
Saratoga Investment has started to send encouraging signals of improved fundamentals. The adjusted NII continues to grow and exceed the dividend in a meaningful fashion. The credit quality also remain...
Saratoga Investment Corp (SAR) Q1 2025 Earnings Call Transcript
Saratoga Investment Corp (SAR) Q1 2025 Earnings Call Transcript
Saratoga Investment Corp. Announces Fiscal First Quarter 2025 Financial Results
NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for...
Saratoga Investment Corp. to Report Fiscal First Quarter 2025 Financial Results and Hold Conference Call
NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended May 31, 2024, on Tuesda...
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We take a look at the action in business development companies through the fourth week of May and highlight some of the key themes we are watching. Rules of thumb about rising rates driving poor BDC p...
Saratoga Investment Corp. Increases Quarterly Dividend by $0.01, or 1.4%, to $0.74 per Share for the Fiscal First Quarter Ended May 31, 2024
Contact: Henri Steenkamp Saratoga Investment Corp. 212-906-7800
Saratoga Investment Corp: Solid BDC But Lacks NAV Growth
Saratoga Investment Corp is a business development company that focuses on middle-market companies and offers a high starting dividend yield of 12.5%. SAR currently trades at a discount to NAV of 13%,...
Saratoga Investment Corp. (SAR) Q4 2024 Earnings Call Transcript
Saratoga Investment Corp. (NYSE:SAR) Q4 2024 Earnings Conference Call May 7, 2024 1:00 PM ET Company Participants Christian Oberbeck - Chairman, Chief Executive Officer & President Henri Steenkamp - ...
Saratoga Investment Corp. Announces Fiscal Year-End and Fourth Quarter 2024 Financial Results
NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for ...