Saratoga Investment Corp. (SAR)

NYSE: SAR · Real-Time Price · USD
24.84
+0.46 (1.89%)
Nov 8, 2024, 4:00 PM EST - Market closed
1.89%
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]

Sector Financials
IPO Date Mar 23, 2007
Country United States
Stock Exchange NYSE
Ticker Symbol SAR
Full Company Profile

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 Statements

Analyst 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.

Price Target
$25.42
(2.34% upside)
Analyst Consensus: Buy
Stock Forecasts

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

3 days ago - GlobeNewsWire

3 BDCs With Highest Dividend Coverage Levels: Only One Is A Defensive Leader

The investment environment for BDCs remains solid, but there are some clear risks, which call for extra caution. One of the ways to protect current income streams from BDC allocations is to focus on h...

Other symbols: BBDCBXSLHTGCMAINTSLX
15 days ago - Seeking Alpha

BDC Weekly Review: Dividend Capture Is A Tough Gig

We take a look at the action in business development companies through the second week of October and highlight some of the key themes we are watching. BDCs were down on the week, with PSEC and TPVG u...

Other symbols: GAINKBDC
22 days ago - Seeking Alpha

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...

Other symbols: FDUSMAINTSLX
4 weeks ago - Seeking Alpha

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...

4 weeks ago - Seeking Alpha

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...

4 weeks ago - GuruFocus

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...

4 weeks ago - GlobeNewsWire

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 ...

4 weeks ago - GuruFocus

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...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

Saratoga Investment Corp: 12% Yield, 13% Discount

Saratoga Investment Corp: 12% Yield, 13% Discount

7 weeks ago - Seeking Alpha

Wall Street's Most Accurate Analysts Spotlight On 3 Financials Stocks With Over 12% Dividend Yields

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...

Other symbols: ARIRC
2 months ago - Benzinga

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...

2 months ago - GlobeNewsWire

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

3 months ago - GlobeNewsWire

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...

Other symbols: GLADPNNT
4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

Saratoga Investment Corp (SAR) Q1 2025 Earnings Call Transcript

Saratoga Investment Corp (SAR) Q1 2025 Earnings Call Transcript

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

Top 5 Financial Stocks That May Collapse This Quarter

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% ...

Other symbols: FSKHGTYPNNTTIGR
5 months ago - Benzinga

BDC Weekly Review: Rule-Of-Thumb Analysis Isn't Working

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...

Other symbols: BBDCGAIN
5 months ago - Seeking Alpha

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

6 months ago - GlobeNewsWire

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%,...

6 months ago - Seeking Alpha

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 - ...

6 months ago - Seeking Alpha

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 ...

6 months ago - GlobeNewsWire