Saratoga InvestmentSAR
SAR
About: Saratoga Investment Corp is a specialty finance company that provides customized financing solutions to U.S. middle-market businesses. The Company invests in senior and unitranche leveraged loans and mezzanine debt, and, to a lesser extent, equity to provide financing for change of ownership transactions, strategic acquisitions, recapitalizations and growth initiatives in partnership with business owners, management teams and financial sponsors. Its objective is to create attractive risk-adjusted returns by generating current income and long-term capital appreciation from its debt and equity investments.
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
125% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 12
21% more capital invested
Capital invested by funds: $52.9M [Q4 2024] → $63.9M (+$11M) [Q1 2025]
1.58% more ownership
Funds ownership: 16.02% [Q4 2024] → 17.59% (+1.58%) [Q1 2025]
1% less funds holding
Funds holding: 67 [Q4 2024] → 66 (-1) [Q1 2025]
12% less call options, than puts
Call options by funds: $755K | Put options by funds: $859K
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$24
0%
upside
Avg. target
$24
0%
upside
High target
$24
0%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Compass Point Casey Alexander | 0%upside $24 | Neutral Downgraded | 9 Jun 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
3 days ago
Saratoga Investment Corp. Declares Dividends for the Second Quarter Fiscal 2026 of $0.75 Per Share, In the Aggregate – Paid in a Monthly Dividend of $0.25 Per Share
NEW YORK, June 12, 2025 (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 second quarter of fiscal 2026, declaring the following three monthly dividends for the quarter ended August 31, 2025:
Positive
Zacks Investment Research
1 month ago
All You Need to Know About Saratoga Investment (SAR) Rating Upgrade to Buy
Saratoga Investment (SAR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
1 month ago
Should Value Investors Buy Saratoga Investment Corp (SAR) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Seeking Alpha
1 month ago
Saratoga Investment: Needs To Improve New Investment Activity And Reduce Debt (Rating Downgrade)
Saratoga Investment aims for attractive total returns through a diverse debt investment portfolio and has recently outperformed the S&P 500. SAR's Q4 earnings report provides an opportunity to reassess its valuation, risk profile, and dividend sustainability. Monitoring SAR's non-accrual rate is crucial for evaluating its risk profile, as non-accruals impact overall portfolio quality and earnings.
Neutral
Seeking Alpha
1 month ago
Saratoga Investment Corp (SAR) Q4 2025 Earnings Call Transcript
Saratoga Investment Corp (NYSE:SAR ) Q4 2025 Earnings Conference Call May 8, 2025 1:00 PM ET Company Participants Henri Steenkamp - Chief Financial & Chief Compliance Officer Christian Oberbeck - Chairman & Chief Executive Officer Michael Grisius - Chief Investment Officer Conference Call Participants Erik Zwick - Lucid Capital Markets Sean-Paul Adams - B. Riley Securities Casey Alexander - Compass Point Research Robert Dodd - Raymond James Mick Schleien - Ladenburg Operator Good morning, ladies and gentlemen.
Negative
Zacks Investment Research
1 month ago
Saratoga Investment (SAR) Lags Q4 Earnings and Revenue Estimates
Saratoga Investment (SAR) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.94 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Saratoga Investment Corp. Announces 2025 Fiscal Year and Fourth Quarter Financial Results
Reports 4.7% Sequential Quarter and 6.1% Annual Increase in NAV Reducing Leverage Net Deployments of $25.9 Million for the Fiscal Fourth Quarter 2025, Supporting One New Platform and Six Follow-Ons – Two Additional New Portfolio Companies Since Year-End Non-Accruals Reduced to 0.3% of Fair Value and 0.5% of Cost in Fiscal 2025 NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE: SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for its 2025 fiscal year and fourth quarter ended February 28, 2025. Summary Financial Information The Company's summarized financial information is as follows: For the years ended and as of ($ in thousands, except per share) February 28,2025 February 29,2024 February 28,2023 Assets Under Management (AUM) 978,078 1,138,794 972,590 Net Asset Value (NAV) 392,666 370,224 346,958 NAV per share 25.86 27.12 29.18 Total Investment Income 148,855 143,720 99,104 Net Investment Income (NII) per share 3.81 4.49 2.94 Adjusted NII per share 3.81 4.10 2.85 Earnings per share 2.02 0.71 2.06 Dividends per share (declared) 3.31* 2.86 2.44 Return on Equity 7.5 % 2.5 % 7.2 % Originations 168,077 246,101 365,250 Repayments 312,113 30,271 202,390 * Includes special dividend of $0.35 per share declared during the quarter ended November 30, 2024, in conjunction with the regular dividend.
Positive
Seeking Alpha
1 month ago
Saratoga Investment: Outperforms The BDC Sector In Total Return
Saratoga Investment Corp is a business development company that generates a high distribution rate of 12.7%, paid monthly. SAR outperforms the BDC sector in ROE and total return, with a diversified portfolio and a high leverage structure that boosts returns. The company recently switched to monthly distributions, offers a DRIP plan, and has a strong growth model.
Neutral
GlobeNewsWire
1 month ago
Saratoga Investment Corp. to Report Fiscal Full Year and Fourth Quarter 2025 Financial Results and Hold Conference Call
NEW YORK, April 17, 2025 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal full year and quarter ended February 28, 2025, on Wednesday, May 7, 2025, after market close. A conference call to discuss the financial results will be held on Thursday, May 8, 2025. Details for the conference call are provided below.
Neutral
Seeking Alpha
3 months ago
Preferreds/Bond Weekly Review: Couple Of New Issues
We take a look at the action in preferreds and baby bonds through the first week of March and highlight some of the key themes we are watching. Most preferreds sectors declined due to rising Treasury yields and wider spreads, reflecting weaker risk sentiment and lower equity prices. PennyMac Mortgage Investment Trust issued a new 9% 2030 bond, trading at an 8.35% yield, offering a stable book value profile.
Charts implemented using Lightweight Charts™