Skip to main content

Saratoga Investment Corp. (SAR)

NYSE: SAR · IEX Real-Time Price · USD
29.02 0.11 (0.38%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap330.60M
Revenue (ttm)65.76M
Net Income (ttm)44.61M
Shares Out11.18M
EPS (ttm)3.99
PE Ratio7.27
Forward PE15.48
Dividend$2.22 (7.65%)
Ex-Dividend DateSep 13, 2021
Volume40,563
Open29.00
Previous Close28.91
Day's Range28.91 - 29.20
52-Week Range16.15 - 30.25
Beta1.69
AnalystsStrong Buy
Price Target30.38 (+4.7%)
Est. Earnings DateJan 5, 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. It seeks to invest in the United States. The fir...

IndustryCapital Markets
IPO DateMar 23, 2007
CEOChristian Oberbeck
Employees5
Stock ExchangeNYSE
Ticker SymbolSAR
Full Company Profile

Financial Performance

In 2020, SAR's revenue was $57.65 million, a decrease of -1.37% compared to the previous year's $58.45 million. Earnings were $14.78 million, a decrease of -73.49%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for SAR stock is "Strong Buy." The 12-month stock price forecast is 30.38, which is an increase of 4.69% from the latest price.

Price Target
$30.38
(4.69% upside)
Analyst Consensus: Strong Buy

News

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...

2 weeks 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.

2 weeks ago - Zacks Investment Research

Saratoga Investment Corp. Closes New $50 Million Senior Secured Revolving Credit Facility with Encina Lender Finance

NEW YORK, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its wholly-owned subsidiar...

2 weeks ago - GlobeNewsWire

Saratoga Investment (SAR) Q2 Earnings and Revenues Top Estimates

Saratoga Investment (SAR) delivered earnings and revenue surprises of 18.87% and 10.61%, respectively, for the quarter ended August 2021. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Saratoga Investment Corp. Announces Fiscal Second Quarter 2022 Financial Results

NEW YORK, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for i...

2 weeks ago - GlobeNewsWire

Saratoga Investment Earnings Preview

SAR is set to give its latest quarterly earnings report on Tuesday , 2021-10-05. Here's what investors need to know before the announcement.

3 weeks ago - Benzinga

Saratoga Investment (SAR) Reports Next Week: Wall Street Expects Earnings Growth

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.

3 weeks ago - Zacks Investment Research

Creditflux Selects Saratoga Investment Corp As The 2021 Best U.S. Boutique CLO Manager

NEW YORK, Sept. 20, 2021 /PRNewswire/ -- Saratoga Investment Corp ("Saratoga") (NYSE:SAR) ("Saratoga Investment" or "the Company"), a business development company ("BDC"), was selected as the recipient ...

1 month ago - PRNewsWire

Saratoga Investment Corp. Increases Quarterly Dividend by $0.08 to $0.52 per Share for the Quarter Ended August 31, 2021

NEW YORK, Aug. 26, 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...

1 month ago - GlobeNewsWire

Saratoga Investment Corp. Announces Distribution of Proxy Materials for its 2021 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

2 months ago - GlobeNewsWire

Saratoga Investment Corp. Announces Closing of Public Offering of Additional $125 Million 4.375% Notes Due 2026 with ...

NEW YORK, NY, July 20, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE: SAR) (the “Company”) today announced that it has closed a public offering of an additional $125 million aggregate princip...

3 months ago - GlobeNewsWire

Saratoga Investment Corp. Prices Offering of Additional $125 Million of 4.375% Notes Due 2026 with a Yield-to-Maturit...

NEW YORK, NY, July 15, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE: SAR) (the “Company”) today announced that it priced a public offering of an additional $125 million aggregate principal a...

3 months ago - GlobeNewsWire

Saratoga Investment Corp. Announces Fiscal First Quarter 2022 Financial Results

NEW YORK, July 07, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for i...

3 months ago - GlobeNewsWire

Saratoga Investment (SAR) Reports Next Week: What to Expect

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.

3 months ago - Zacks Investment Research

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

NEW YORK, June 21, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended May 31, 2021, in a confer...

4 months ago - GlobeNewsWire

Why Saratoga Investment (SAR) is Poised to Beat Earnings Estimates Again

Saratoga Investment (SAR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

4 months ago - Zacks Investment Research

Saratoga Investment (SAR) Stock Up 3.2% on Dividend Hike

Saratoga Investment (SAR) hikes dividend by 2.3% to 44 cents, which drives shares higher.

4 months ago - Zacks Investment Research

Saratoga Investment Corp. Increases Quarterly Dividend by $0.01 to $0.44 per Share for the Quarter Ended May 31, 2021

NEW YORK, May 27, 2021 (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 months ago - GlobeNewsWire

Saratoga Investment (SAR) Beats Q4 Earnings and Revenue Estimates

Saratoga Investment (SAR) delivered earnings and revenue surprises of 4.00% and 8.94%, respectively, for the quarter ended February 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Saratoga Investment Corp. Announces Fiscal Year-End and Fourth Quarter 2021 Financial Results

NEW YORK, May 05, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced financial results for its 2021 f...

5 months ago - GlobeNewsWire

Analysts Estimate Saratoga Investment (SAR) to Report a Decline in Earnings: What to Look Out for

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.

5 months ago - Zacks Investment Research

Saratoga Investment Corp. to Report Fiscal Fourth Quarter and Fiscal Year 2021 Financial Results on May 6, 2021; Conf...

NEW YORK, April 22, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, today announced that it has adjusted the time of its conference call on Thursday, May 6...

6 months ago - GlobeNewsWire

Saratoga Investment Corp. to Report Fiscal Fourth Quarter and Fiscal Year 2021 Financial Results and Hold Conference ...

NEW YORK, April 08, 2021 (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...

6 months ago - GlobeNewsWire

Saratoga Investment (SAR) Rewards Shareholders With Dividend Hike

Saratoga Investment (SAR) announces a 2.4% hike in quarterly dividend.

7 months ago - Zacks Investment Research