Saratoga Investment Corp. (SAR)

NYSE: SAR · Real-Time Price · USD
25.96
+0.32 (1.25%)
Feb 21, 2025, 4:00 PM EST - Market closed
1.25%
Market Cap 372.43M
Revenue (ttm) 154.79M
Net Income (ttm) 34.07M
Shares Out 14.35M
EPS (ttm) 2.49
PE Ratio 10.44
Forward PE 8.76
Dividend $3.32 (12.79%)
Ex-Dividend Date Jun 5, 2025
Volume 187,898
Open 25.79
Previous Close 25.64
Day's Range 25.65 - 26.00
52-Week Range 21.56 - 26.49
Beta 1.38
Analysts Buy
Price Target 25.08 (-3.39%)
Earnings Date Jan 8, 2025

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 $25.08, which is a decrease of -3.39% from the latest price.

Price Target
$25.08
(-3.39% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Saratoga Investment Corp. Announces Quarterly Dividend of $0.74 Per Share for the Fiscal Fourth Quarter Ending February 28, 2025

NEW YORK, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors h...

3 days ago - GlobeNewsWire

Saratoga Investment Corp.: 11% Yield, Outperforming In 2025

Saratoga Investment Corp. specializes in leveraged buyouts and various financing transactions, with a diversified $960M portfolio yielding 10.8% as of 11/30/24. SAR's fiscal Q3 '25 adjusted NII yield ...

12 days ago - Seeking Alpha

BDC Weekly Review: Leveraged Loan Defaults Rise To A 4-Year High

We take a look at the action in business development companies through the second week of January and highlight some of the key themes we are watching. BDCs faced a challenging week with a 2.5% drop, ...

5 weeks ago - Seeking Alpha

Saratoga Investment Corp (SAR) Q3 2025 Earnings Call Transcript

Saratoga Investment Corp (NYSE:SAR) Q3 2025 Earnings Conference Call January 9, 2024 10:00 AM ET Company Participants Henri Steenkamp - Chief Financial and Chief Compliance Officer Christian Oberbeck...

6 weeks ago - Seeking Alpha

Saratoga Investment Corp. Announces Fiscal Third Quarter 2025 Financial Results

Reports 1.1% Sequential Quarter Increase in Adjusted NII per Share (Excluding the Effect of the One-Time Interest Reserve Reversal) and Grows LTM ROE to 9.2%

6 weeks ago - GlobeNewsWire

Saratoga Investment: Improved Portfolio Quality And Attractive Outlook (Rating Upgrade)

I am upgrading my rating on Saratoga Investment to a buy due to resilient portfolio quality, improved non-accruals, and strong dividend coverage. SAR's diverse portfolio, primarily in healthcare, has ...

7 weeks ago - Seeking Alpha

Saratoga Investment Corp. to Report Fiscal Third Quarter 2025 Financial Results and Hold Conference Call

NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended November 30, 2024, on W...

2 months ago - GlobeNewsWire

I'm Putting +9% Yields Under My Income Tree

I've always loved seeing carefully wrapped gifts underneath the Christmas tree. I also love seeing income rain into my account. Don't miss out on wonderful memories because you missed buying cheap inc...

Other symbols: OBDC
2 months ago - Seeking Alpha

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 months 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
4 months 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
4 months 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 months 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 months 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 months 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 months 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 months 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...

5 months 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...

5 months ago - GlobeNewsWire

Saratoga Investment Corp: 12% Yield, 13% Discount

Saratoga Investment Corp: 12% Yield, 13% Discount

5 months 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
6 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...

6 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

6 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
7 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...

7 months ago - Seeking Alpha

Saratoga Investment Corp (SAR) Q1 2025 Earnings Call Transcript

Saratoga Investment Corp (SAR) Q1 2025 Earnings Call Transcript

8 months ago - Seeking Alpha