Saratoga Investment Corp. (SAR)

NYSE: SAR · IEX Real-Time Price · USD
21.09
-0.08 (-0.38%)
Sep 27, 2022 4:00 PM EDT - Market closed
-0.38%
Market Cap 251.61M
Revenue (ttm) 72.60M
Net Income (ttm) 23.20M
Shares Out 11.93M
EPS (ttm) 1.99
PE Ratio 10.60
Forward PE 12.64
Dividend $2.13 (10.10%)
Ex-Dividend Date Sep 13, 2022
Volume 54,959
Open 21.15
Previous Close 21.17
Day's Range 20.87 - 22.01
52-Week Range 20.87 - 30.25
Beta 1.37
Analysts Buy
Price Target 29.24 (+38.6%)
Earnings Date Oct 4, 2022

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...]

Industry Capital Markets
IPO Date Mar 23, 2007
CEO Christian Oberbeck
Employees 5
Stock Exchange NYSE
Ticker Symbol SAR
Full Company Profile

Financial Performance

In 2021, SAR's revenue was $70.74 million, an increase of 22.71% compared to the previous year's $57.65 million. Earnings were $45.74 million, an increase of 209.50%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for SAR stock is "Buy." The 12-month stock price forecast is 29.24, which is an increase of 38.64% from the latest price.

Price Target
$29.24
(38.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Saratoga Investment Corp. to Report Fiscal Second Quarter 2023 Financial Results and Hold Conference Call

NEW YORK, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended August 31, 2022, on Octo...

1 week ago - GlobeNewsWire

Saratoga Investment Corp. Increases Quarterly Dividend by $0.01 to $0.54 per Share for the Fiscal Second Quarter Ende...

NEW YORK, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors has...

4 weeks ago - GlobeNewsWire

Saratoga Investment Corp. Announces Distribution of Proxy Materials for its 2022 Annual Meeting of Stockholders

Urges Stockholders to Reduce Solicitation Costs by Voting their Shares Immediately

1 month ago - GlobeNewsWire

Saratoga Investment (SAR) Q1 Earnings and Revenues Miss Estimates

Saratoga Investment (SAR) delivered earnings and revenue surprises of -3.64% and 0.59%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Saratoga Investment Corp. Announces Fiscal First Quarter 2023 Financial Results

NEW YORK, July 06, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for i...

2 months ago - GlobeNewsWire

Saratoga Investment Corp. to Report Fiscal First Quarter 2023 Financial Results and Hold Conference Call

NEW YORK, June 23, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended May 31, 2022, on July 6, ...

3 months ago - GlobeNewsWire

Saratoga Investment Corp. Declares Quarterly Dividend of $0.53 per Share for the Fiscal First Quarter Ended May 31, 2022

Contact: Henri SteenkampSaratoga Investment Corp.212-906-7800

4 months ago - GlobeNewsWire

Saratoga Investment Corp. Announces Exercise and Closing of Underwriters' Option to Purchase Additional 6.00% Notes D...

NEW YORK, NY, May 10, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that, in connection with its previously disclosed registered public offering of $87.5...

4 months ago - GlobeNewsWire

Saratoga Investment (SAR) Misses Q4 Earnings Estimates

Saratoga Investment (SAR) delivered earnings and revenue surprises of -3.64% and 8.19%, respectively, for the quarter ended February 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Saratoga Investment Corp. Announces Fiscal Year-End and Fourth Quarter 2022 Financial Results

NEW YORK, May 04, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for it...

4 months ago - GlobeNewsWire

Saratoga Investment Corp. to Report Fiscal Fourth Quarter and Fiscal Year 2022 Financial Results and Hold Conference ...

NEW YORK, April 21, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter and year ended February 28, 20...

5 months ago - GlobeNewsWire

Saratoga Investment Corp. Prices Public Offering of $87.5 Million 6.00% Notes Due 2027

NEW YORK, NY, April 19, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of $87.5 million in aggregate pr...

5 months ago - GlobeNewsWire

Saratoga Investment Corp. Announces Offering of Notes and BBB+ Investment Grade Rating from Egan-Jones Ratings Company

NEW YORK, NY , April 18, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) announced the commencement of a registered public offering of unsecured notes (the “Notes”).  The ...

5 months ago - GlobeNewsWire

Saratoga Investment Corp. Declares Quarterly Dividend of $0.53 per Share for the Fiscal Fourth Quarter Ended February...

NEW YORK, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors has...

7 months ago - GlobeNewsWire

Saratoga Investment Corp. Announces Closing of Public Offering of $75 Million 4.35% Notes Due 2027

NEW YORK, NY , Jan. 19, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE: SAR) (the “Company”) today announced that it has closed a public offering of $75.0 million aggregate principal amount of...

8 months ago - GlobeNewsWire

Saratoga Investment Corp. Prices Offering of $75 Million of 4.35% Notes Due 2027

NEW YORK, NY, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE: SAR) (the “Company”) today announced that it priced a public offering of $75 million aggregate principal amount of 4.35% ...

8 months ago - GlobeNewsWire

Saratoga Investment (SAR) Down 3.6% on Q3 Earnings Miss

A rise in expenses hurt Saratoga Investment's (SAR) fiscal Q3 earnings, partly offset by total investment income and robust originations.

8 months ago - Zacks Investment Research

Saratoga Investment (SAR) Q3 Earnings and Revenues Miss Estimates

Saratoga Investment (SAR) delivered earnings and revenue surprises of -3.64% and 5.12%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Saratoga Investment Corp. Announces Fiscal Third Quarter 2022 Financial Results

NEW YORK, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for i...

8 months ago - GlobeNewsWire

Saratoga Investment (SAR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Saratoga Investment (SAR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

8 months ago - Zacks Investment Research

Saratoga Investment Corp. to Report Fiscal Third Quarter 2022 Financial Results and Hold Conference Call

NEW YORK, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal third quarter ended November 30, 2021 o...

9 months ago - GlobeNewsWire

Saratoga Investment (SAR) Hikes Quarterly Dividend by 1.9%

Saratoga Investment's (SAR) recent dividend hike marks the fourth increase in fiscal 2022 and indicates its disciplined capital-allocation strategy.

9 months ago - Zacks Investment Research

Saratoga Investment Corp. Increases Quarterly Dividend by $0.01 to $0.53 per Share for the Fiscal Third Quarter Ended...

NEW YORK,, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors ha...

9 months ago - GlobeNewsWire

Recap: Saratoga Investment Q2 Earnings

Saratoga Investment(NYSE:SAR) stock rose by 1.22% on Wednesday after the company reported its Q2 earnings results on Tuesday, October 5, 2021 at 04:00 PM. Here's what investors need to know about the an...

11 months ago - Benzinga

Saratoga Investment (SAR) Beats on Q2 Earnings, Stock Up 1.2%

Higher total investment income and robust originations support Saratoga Investment's (SAR) fiscal Q2 earnings.

11 months ago - Zacks Investment Research