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Saratoga Investment Corp. (SAR)

Stock Price: $16.90 USD -0.30 (-1.74%)
Updated Aug 4, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 189.58M
Revenue (ttm) 58.99M
Net Income (ttm) 25.43M
Shares Out 11.22M
EPS (ttm) 2.50
PE Ratio 6.76
Forward PE 8.10
Dividend $1.60
Dividend Yield 9.47%

Stock Quote

Trading Day Aug 4, 2020
Last Price $16.90
Previous Close $17.20
Change ($) -0.30
Change (%) -1.74%
Day's Open 17.10
Day's Range 16.90 - 17.17
Day's Volume 52,124
52-Week Range 5.94 - 28.70

More Stats

Market Cap 189.58M
Enterprise Value 388.45M
Earnings Date (est) Oct 7, 2020
Ex-Dividend Date Jul 24, 2020
Shares Outstanding 11.22M
Float 8.47M
EPS (basic) 2.91
EPS (diluted) 2.50
FCF / Share -4.37
Dividend $1.60
Dividend Yield 9.47%
Earnings Yield 14.79%
FCF Yield n/a
Payout Ratio 57.40%
Shares Short 82,792
Short Ratio 0.93
Short % of Float 0.87%
Beta 1.64
PE Ratio 6.76
Forward PE 8.10
P/FCF Ratio n/a
PS Ratio 3.21
PB Ratio 0.69
Revenue 58.99M
Operating Income 34.53M
Net Income 25.43M
Free Cash Flow -48.99M
Net Cash -198.87M
Net Cash / Share -17.73
Gross Margin 99.07%
Operating Margin 58.53%
Profit Margin 43.10%
FCF Margin -83.05%
ROA 4.36%
ROE 10.86%
ROIC 5.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (7)

Buy 6
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$20.39*
(20.65% upside)
Low
17.0
Current: $16.90
High
27.0
Target: 20.39
*Average 12-month price target from 7 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue58.4547.7138.6133.1630.0527.3822.8917.0113.5114.17
Revenue Growth22.51%23.55%16.46%10.34%9.77%19.58%34.62%25.87%-4.67%-
Gross Profit36.1935.9428.4325.3123.2920.6718.6312.3010.6410.94
Operating Income30.5130.4023.6721.0019.1317.0514.969.017.005.25
Net Income55.7418.5117.6811.3911.6511.018.5014.0413.2816.96
Shares Outstanding9.327.056.025.745.585.394.924.113.432.44
Earnings Per Share5.982.632.931.982.092.041.733.423.876.96
EPS Growth127.38%-10.24%47.98%-5.26%2.45%17.92%-49.42%-11.63%-44.4%-
Dividend Per Share2.212.061.901.932.360.402.654.253.000.82
Dividend Growth7.28%8.42%-1.55%-18.22%490%-84.91%-37.65%41.67%265.85%-
Operating Cash Flow-15.14-39.98-30.786.74-32.22-21.72-29.53-36.81-22.7128.28
Free Cash Flow-15.14-39.98-30.786.74-32.22-21.72-29.53-36.81-22.7128.28
Cash & Equivalents39.4562.0913.7822.097.0320.066.5912.2426.8615.11
Total Debt20527720618116113294.2960.3020.004.50
Net Cash / Debt-165-215-193-159-154-112-87.70-48.066.8610.61
Assets53147136031929526421517412598.77
Liabilities22729021719117014110265.7228.1112.70
Book Value30418114412712512311310997.3886.07
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Saratoga Investment Corp.
Country United States
CEO Chris L. Oberbeck

Stock Information

Ticker Symbol SAR
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Asset Management
Unique Identifier NYSE: SAR
IPO Date March 23, 2007

Description

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. It seeks to invest in the United States. The firm primarily invests $5 million to $20 million in companies having EBITDA of $2 million or greater and revenues of $8 million to $150 million. It invests through direct lending as well as participation in loan syndicates. The firm was formerly known as GSC Investment Corp. Saratoga Investment Corp. is based in New York, New York with an additional office in Florham Park, New Jersey.