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 7,324 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
2%
downside
Avg. target
$24
2%
downside
High target
$24
2%
downside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Compass Point Casey Alexander | 2%downside $24 | Neutral Downgraded | 9 Jun 2025 |
Financial journalist opinion
Based on 11 articles about SAR published over the past 30 days
Positive
Seeking Alpha
1 week ago
Buy 5 Ideal Safer Dividend Power Dogs In July
I spotlight the top five Dividend Power stocks with 'safer' dividends and attractive valuations, ideal for income-focused investors in July. My strategy prioritizes high earnings yield and dividend yield, aiming for stocks with reliable payouts and low valuations that can weather market downturns. Analyst forecasts project average net gains of 55.82% for the top ten DiviPower stocks by July 2026, with risk slightly below the market average.
Positive
Seeking Alpha
1 week ago
BDC Weekly Review: Early BDC Earnings Look Fine
We take a look at the action in business development companies through the second week of July and highlight some of the key themes we are watching. BDCs had another strong week, pushing month-to-date gains to 4% on average. SAR results were pretty good, a positive sign for the broader earnings season.
Positive
Seeking Alpha
3 weeks ago
Saratoga Investment Q1: ROE Beating The BDC Industry Average
Saratoga Investment Corp. is a business development company, or BDC, that is outperforming the average. SAR outperforms BDC peers with a 12% yield, strong total returns, and superior return on equity, driven by a first-lien loan-heavy portfolio. The company recently switched to monthly distributions and offers a DRIP, enhancing compounding and dollar-cost averaging for long-term investors.
Neutral
Seeking Alpha
3 weeks ago
Saratoga Investment Corp (SAR) Q1 2026 Earnings Call Transcript
Saratoga Investment Corp (NYSE:SAR ) Q1 2026 Earnings Conference Call July 9, 2025 10:00 AM ET Company Participants Christian Long Oberbeck - Chairman, President & CEO Henri J. Steenkamp - Chief Compliance Officer, Secretary, Treasurer, CFO & Director Michael Joseph Grisius - Co-Managing Partner & Chief Investment Officer Conference Call Participants Erik Edward Zwick - Lucid Capital Markets, LLC, Research Division Robert James Dodd - Raymond James & Associates, Inc., Research Division Operator Good morning, ladies and gentlemen.
Negative
Zacks Investment Research
3 weeks ago
Saratoga Investment (SAR) Q1 Earnings and Revenues Lag Estimates
Saratoga Investment (SAR) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $1.05 per share a year ago.
Neutral
GlobeNewsWire
3 weeks ago
Saratoga Investment Corp. Announces Fiscal First Quarter 2026 Financial Results
Reports 17.9% Increase in Adjusted NII Per Share and 0.9% Increase in NAV from Previous Quarter Quarterly ROE of 14.1% Generates LTM ROE of 9.3% and Beats the BDC Industry Average of 7.0% NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE: SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for its fiscal first quarter 2026 ended May 31, 2025. Summary Financial Information The Company's summarized financial information is as follows: For the three months ended and as of ($ in thousands, except per share) May 31, 2025 February 28, 2025 May 31, 2024 Assets Under Management (AUM) 968,318 978,078 1,095,559 Net Asset Value (NAV) 396,369 392,666 367,855 NAV per share 25.52 25.86 26.85 Total Investment Income 32,319 31,295 38,678 Net Investment Income (NII) per share 0.66 0.56 1.05 Adjusted NII per share 0.66 0.56 1.05 Earnings per share 0.91 (0.05 ) 0.48 Dividends per share (declared) 0.75 0.74 0.74 Return on Equity – last twelve months 9.3 % 7.5 % 4.4 % – annualized quarter 14.1 % (0.7 %) 7.2 % Originations 50,086 41,802 39,301 Repayments 64,330 15,867 75,703 Christian L.
Neutral
Seeking Alpha
3 weeks ago
June Readers Tagged 13 Ideal Dividend Dogs From 16 "Safer" Out Of 38 ReFa/Ro
My contrarian yield-based strategy spotlights high-yield 'ReFa/Ro Dogs' with analyst forecasts suggesting 19-33% net gains by June 2026. All top ten ReFa/Ro Dogs offer annual dividends from $1,000 invested that exceed their share prices, meeting my 'ideal' stock criteria. Caution: Fourteen of thirty-eight ReFa/Ro stocks show negative free cash flow margins, so dividend safety varies—focus on the thirteen 'safer' picks.
Negative
Seeking Alpha
3 weeks ago
BDC Dividend Cut Storm Likely Ahead
High-income investors face limited options for sustainable, high-yield investments, with traditional asset classes often highly correlated and yields rarely exceeding 7-9%. Business Development Companies (BDCs) offer attractive yields averaging 12.8%, with several high-quality players maintaining dividends even through challenging periods like COVID-19. However, rising interest rates pose a significant risk to BDC dividend sustainability, making it critical to reassess current exposures and avoid potential value impairments.
Negative
Seeking Alpha
4 weeks ago
Saratoga Investment: Q1 Earnings May Be Weaker Than Anticipated
I maintain my hold rating on Saratoga Investment due to limited growth catalysts and a challenging high interest rate environment suppressing valuation. SAR stock's attractive 12.1% dividend yield supports total returns, but current net investment income does not fully cover payouts, risking NAV decline. Heavy reliance on debt and increased competition in private credit limit SAR's ability to grow its portfolio until interest rates decline.
Positive
Seeking Alpha
4 weeks ago
31 June Ideal 'Safer' Monthly Paying Dividend Stocks And 80 Funds
June U.S. exchange-traded monthly paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks-by-yield (80); 2. Stocks-by-price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by yield >10% (80); 4. ‘Safer' Ideal-Dividend-Equities by Cash-Flow-Margins. Analyst estimates suggest top MoPay stocks could net 16.48% to 33.67% gains by June 2026, with an average net gain of 23.57% and higher-than-market risk. The dogcatcher rule highlights 31 'safer' MoPay stocks where dividends from $1K invested exceed share price, positive returns, and strong free cash flow coverage.
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