Saratoga Investment

SAR

時価総額 $2.38億

Saratoga Investment Corp ( SAR ) Q2 2027 Earnings Call October 7, 2026 10:00 AM EDT Company Participants Henri Steenkamp - Chief Compliance Officer, Secretary, Treasurer, CFO & Director Christian Oberbeck - Chairman, President & CEO David DeSantis - COO, Portfolio Manager & Senior MD Conference Call Participants Erik Zwick - Lucid Capital Markets, LLC, Research Division Jason Stewart - Compass Point Research & Trading, LLC, Research Division Christopher Nolan - Ladenburg Thalmann & Co. Inc., Research Division Presentation Operator Good morning, ladies and gentlemen. Thank you for standing by.

Saratoga Investment NYSE: SAR reported fiscal second-quarter 2027 adjusted net investment income of $7.4 million, or $0.46 per share, as portfolio growth and a modest increase in base rates were offset by higher borrowing costs following recent refinancing activity.

Saratoga's latest quarter confirms that the risk I flagged back in 2024 hasn't gone away. It has grown. The headline dividend yield looks irresistible, but a closer look at how it's funded tells a different story. A handful of troubled loans are still accruing interest. If they stop, the impact on income could be much bigger than the market expects.

Saratoga Investment (SAR) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.58 per share a year ago.

Reports Quarterly Asset Growth of 2.1% and Net Originations of $37.1 Million, Including Two New Portfolio Companies

NEW YORK, NY, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of an additional $20.08 million in aggregate principal amount of 8.00% unsecured notes due 2031 (NYSE: SAX) (the “Notes”). The Company has granted the underwriters an option to purchase up to an additional $3.0 million in aggregate principal amount of Notes.

NEW YORK, NY, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) announced the commencement of a registered public offering of additional 8.00% Notes due 2031 (the “Notes”). The Notes are listed on the New York Stock Exchange under the trading symbol “SAX”.

NEW YORK, Sept. 18, 2026 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that Henri Steenkamp will step down from his position as Chief Financial Officer, Chief Compliance Officer, Treasurer and Secretary, effective October 31, 2026, for health-related reasons.

NEW YORK, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended August 31, 2026, on Tuesday October 6, 2026, after market close. A conference call to discuss the financial results will be held on Wednesday October 7, 2026. Details for the conference call are provided below.

NEW YORK, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or the “Company”), a business development company, today announced that its Board of Directors has declared a base quarterly dividend of $0.75 per share in aggregate for the third quarter of fiscal 2027, paid in three monthly dividends as follows: Month Amount per Share Record Date Payment Date September 2026 $0.25 October 6, 2026 October 22, 2026 October 2026 $0.25 November 5, 2026 November 24, 2026 November 2026 $0.25 December 3, 2026 December 22, 2026 “Our board of directors approved an aggregated dividend for the third quarter of fiscal 2027 of $0.75 per share, paid in monthly dividends of $0.25 per share per month, unchanged from the prior quarter.