Saratoga Investment Corp. (SAR)
NYSE: SAR · Real-Time Price · USD
19.61
+0.20 (1.03%)
Jul 17, 2026, 4:00 PM EDT - Market closed

Saratoga Investment Statistics

Total Valuation

SAR has a market cap or net worth of $319.85 million. The enterprise value is $1.08 billion.

Market Cap319.85M
Enterprise Value 1.08B

Important Dates

The last earnings date was Tuesday, July 7, 2026, after market close.

Earnings Date Jul 7, 2026
Ex-Dividend Date Aug 5, 2026

Share Statistics

SAR has 16.31 million shares outstanding. The number of shares has increased by 12.21% in one year.

Current Share Class 16.31M
Shares Outstanding 16.31M
Shares Change (YoY) +12.21%
Shares Change (QoQ) +0.42%
Owned by Insiders (%) 12.77%
Owned by Institutions (%) 12.65%
Float n/a

Valuation Ratios

The trailing PE ratio is 19.99 and the forward PE ratio is 9.81.

PE Ratio 19.99
Forward PE 9.81
PS Ratio 2.58
Forward PS 2.51
PB Ratio 0.84
P/TBV Ratio 0.85
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 68.26
EV / Sales 8.67
EV / EBITDA n/a
EV / EBIT 12.48
EV / FCF n/a

Financial Position

The company has a current ratio of 0.85, with a Debt / Equity ratio of 2.12.

Current Ratio 0.85
Quick Ratio 0.67
Debt / Equity 2.12
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage 1.71

Financial Efficiency

Return on equity (ROE) is 4.07% and return on invested capital (ROIC) is 6.98%.

Return on Equity (ROE) 4.07%
Return on Assets (ROA) 4.49%
Return on Invested Capital (ROIC) 6.98%
Return on Capital Employed (ROCE) 7.74%
Weighted Average Cost of Capital (WACC) 6.24%
Revenue Per Employee n/a
Profits Per Employee n/a
Employee Count n/a
Asset Turnover 0.10
Inventory Turnover n/a

Taxes

In the past 12 months, SAR has paid $1.52 million in taxes.

Income Tax 1.52M
Effective Tax Rate 8.82%

Stock Price Statistics

The stock price has decreased by -22.31% in the last 52 weeks. The beta is 0.59, so SAR's price volatility has been lower than the market average.

Beta (5Y) 0.59
52-Week Price Change -22.31%
50-Day Moving Average 21.67
200-Day Moving Average 22.54
Relative Strength Index (RSI) 39.85
Average Volume (20 Days) 197,757

Short Selling Information

The latest short interest is 607,233, so 3.72% of the outstanding shares have been sold short.

Short Interest 607,233
Short Previous Month 595,907
Short % of Shares Out 3.72%
Short % of Float n/a
Short Ratio (days to cover) 7.43

Income Statement

In the last 12 months, SAR had revenue of $124.17 million and earned $15.77 million in profits. Earnings per share was $0.98.

Revenue124.17M
Gross Profit 124.17M
Operating Income 86.28M
Pretax Income 17.29M
Net Income 15.77M
EBITDA n/a
EBIT 86.28M
Earnings Per Share (EPS) $0.98
Full Income Statement

Balance Sheet

The company has $46.14 million in cash and $802.74 million in debt, with a net cash position of -$756.60 million or -$46.39 per share.

Cash & Cash Equivalents 46.14M
Total Debt 802.74M
Net Cash -756.60M
Net Cash Per Share -$46.39
Equity (Book Value) 378.45M
Book Value Per Share 23.23
Working Capital -12.11M
Full Balance Sheet

Cash Flow

Operating Cash Flow -146.29M
Capital Expenditures n/a
Depreciation & Amortization n/a
Net Borrowing 25.06M
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 69.49% and 12.70%.

Gross Margin 100.00%
Operating Margin 69.49%
Pretax Margin 13.93%
Profit Margin 12.70%
EBITDA Margin n/a
EBIT Margin 69.49%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 15.30%.

Dividend Per Share $3.00
Dividend Yield 15.30%
Dividend Growth (YoY) -14.92%
Years of Dividend Growth n/a
Payout Ratio 331.36%
Buyback Yield -12.21%
Shareholder Yield 3.09%
Earnings Yield 4.93%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for SAR is $21.20, which is 8.11% higher than the current price. The consensus rating is "Hold".

Price Target $21.20
Price Target Difference 8.11%
Analyst Consensus Hold
Analyst Count 7
Revenue Growth Forecast (3Y) n/a
EPS Growth Forecast (3Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on August 13, 2010. It was a reverse split with a ratio of 1:10.

Last Split Date Aug 13, 2010
Split Type Reverse
Split Ratio 1:10

Scores

SAR has an Altman Z-Score of 0.53 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.53
Piotroski F-Score 2