Saratoga Investment Corp. (SAR)

NYSE: SAR · IEX Real-Time Price · USD
25.62
-0.02 (-0.08%)
Nov 29, 2023, 10:43 AM EST - Market open
-0.08%
Market Cap 335.48M
Revenue (ttm) 128.72M
Net Income (ttm) 32.90M
Shares Out 13.12M
EPS (ttm) 2.74
PE Ratio 9.36
Forward PE 6.31
Dividend $2.88 (11.24%)
Ex-Dividend Date Dec 8, 2023
Volume 28,503
Open 25.81
Previous Close 25.64
Day's Range 25.52 - 25.81
52-Week Range 22.63 - 28.87
Beta 1.37
Analysts Strong Buy
Price Target 77.50 (+202.5%)
Earnings Date Jan 9, 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 2022, SAR's revenue was $99.10 million, an increase of 40.10% compared to the previous year's $70.74 million. Earnings were $24.68 million, a decrease of -46.05%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SAR stock is "Strong Buy." The 12-month stock price forecast is $77.5, which is an increase of 202.50% from the latest price.

Price Target
$77.5
(202.50% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Saratoga Investment Corp. Increases Quarterly Dividend by $0.01, or 1.4%, to $0.72 per Share for the Fiscal Third Quarter Ended November 30, 2023

Contact: Henri SteenkampSaratoga Investment Corp.212-906-7800 NEW YORK, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business deve...

14 days ago - GlobeNewsWire

Saratoga Investment Corp. Announces Fiscal Second Quarter 2024 Financial Results

NEW YORK, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for...

7 weeks ago - GlobeNewsWire

Saratoga Investment Corp. to Report Fiscal Second Quarter 2024 Financial Results and Hold Conference Call

Contact: Henri SteenkampSaratoga Investment Corp.212-906-7800 NEW YORK, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financi...

2 months ago - GlobeNewsWire

Saratoga Investment Corp. Announces Distribution of Proxy Materials for its 2023 Annual Meeting of Stockholders

Urges Stockholders to Reduce Solicitation Costs by Voting their Shares Immediately

3 months ago - GlobeNewsWire

Saratoga Investment Corp. Increases Quarterly Dividend by $0.01, or 1.4%, to $0.71 per Share for the Fiscal Second Quarter Ended August 31, 2023

NEW YORK, Aug. 14, 2023 (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 months ago - GlobeNewsWire

Saratoga Investment Corp. Announces Fiscal First Quarter 2024 Financial Results

NEW YORK, July 10, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for...

5 months ago - GlobeNewsWire

Saratoga Investment Corp. to Report Fiscal First Quarter 2024 Financial Results and Hold Conference Call

NEW YORK, June 26, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended May 31, 2023, on Monday...

5 months ago - GlobeNewsWire

Saratoga Investment Corp. Increases Quarterly Dividend by $0.01, or 1.4%, to $0.70 per Share for the Fiscal First Quarter Ended May 31, 2023

NEW YORK, May 22, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors ha...

6 months ago - GlobeNewsWire

Saratoga Investment Corp. Announces Fiscal Year-End and Fourth Quarter 2023 Financial Results

NEW YORK, May 02, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for ...

7 months ago - GlobeNewsWire

Saratoga Investment Corp. to Report Fiscal Fourth Quarter and Full Year 2023 Financial Results and Hold Conference Call

NEW YORK, April 18, 2023 (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, ...

8 months ago - GlobeNewsWire

Saratoga Investment Corp. Prices Public Offering of $50.0 Million 8.50% Notes Due 2028

NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of $50.0 million in aggregate prin...

8 months ago - GlobeNewsWire

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

NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) announced the commencement of a registered public offering of unsecured notes (the “Notes”).  The Com...

8 months ago - GlobeNewsWire

Saratoga Investment Corp. Increases Quarterly Dividend by $0.01, or 1.5%, to $0.69 per Share for the Fiscal Fourth Quarter Ended February 28, 2023

NEW YORK, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors h...

9 months ago - GlobeNewsWire

Saratoga Investment Corp. Announces Fiscal Third Quarter 2023 Financial Results

NEW YORK, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for...

11 months ago - GlobeNewsWire

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

Contact: Henri Steenkamp                                        Saratoga Investment Corp.                                 212-906-7800

1 year ago - GlobeNewsWire

Saratoga Investment Corp. Prices Public Offering of $52.5 Million 8.125% Notes Due 2027

NEW YORK, NY , Dec. 05, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of $52.5 million in aggregate ...

1 year ago - GlobeNewsWire

Saratoga Investment Corp. Increases Quarterly Dividend by 26%, or $0.14, to $0.68 per Share for the Fiscal Third Quarter Ended November 30, 2022

NEW YORK, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors h...

1 year ago - GlobeNewsWire

Saratoga Investment Corp. Prices Public Offering of $40.0 Million 8.00% Notes Due 2027

NEW YORK, NY , Oct. 19, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of $40.0 million in aggregate ...

1 year ago - GlobeNewsWire

Saratoga Investment Corp. Announces Fiscal Second Quarter 2023 Financial Results

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

1 year ago - GlobeNewsWire

Saratoga Investment Corp. Joint Venture Prices $400 million New CLO

NEW YORK, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that it has priced a $400 mil...

1 year ago - GlobeNewsWire

Saratoga Investment Corp. Receives Approval of Third SBIC License Providing Up to $175 Million of Additional Growth Capital

NEW YORK, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that it has received notific...

1 year ago - GlobeNewsWire

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 Oc...

1 year ago - GlobeNewsWire

Saratoga Investment Corp. Increases Quarterly Dividend by $0.01 to $0.54 per Share for the Fiscal Second Quarter Ended August 31, 2022

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 h...

1 year 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 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire