Q2 EPS Estimates for Saratoga Investment Reduced by B. Riley

Saratoga Investment Corp (NYSE:SAR - Free Report) - Analysts at B. Riley dropped their Q2 2026 earnings estimates for Saratoga Investment in a report issued on Thursday, July 10th. B. Riley analyst S. Adams now expects that the financial services provider will post earnings of $0.66 per share for the quarter, down from their previous forecast of $0.68. B. Riley has a "Hold" rating on the stock. The consensus estimate for Saratoga Investment's current full-year earnings is $3.93 per share. B. Riley also issued estimates for Saratoga Investment's Q4 2026 earnings at $0.56 EPS, FY2026 earnings at $2.57 EPS, Q1 2027 earnings at $0.67 EPS, Q2 2027 earnings at $0.69 EPS, Q3 2027 earnings at $0.69 EPS and FY2027 earnings at $2.66 EPS.

SAR has been the subject of a number of other reports. Compass Point lowered shares of Saratoga Investment from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $25.25 to $24.25 in a research report on Monday, June 9th. Wall Street Zen cut shares of Saratoga Investment from a "buy" rating to a "hold" rating in a report on Tuesday, April 1st. Five equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $24.25.

Saratoga Investment Stock Down 0.4%

NYSE:SAR traded down $0.10 during mid-day trading on Friday, hitting $24.76. 87,682 shares of the company's stock were exchanged, compared to its average volume of 115,579. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.32 and a quick ratio of 0.32. The company has a market cap of $387.91 million, a PE ratio of 10.02 and a beta of 0.67. Saratoga Investment has a one year low of $21.10 and a one year high of $26.49. The business has a fifty day moving average price of $24.53 and a 200 day moving average price of $24.48.

Saratoga Investment (NYSE:SAR - Get Free Report) last posted its earnings results on Tuesday, July 8th. The financial services provider reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.03). Saratoga Investment had a return on equity of 12.71% and a net margin of 24.85%. The firm had revenue of $35,219.96 billion during the quarter, compared to analysts' expectations of $32.75 million.

Hedge Funds Weigh In On Saratoga Investment

Several institutional investors have recently bought and sold shares of SAR. Hennion & Walsh Asset Management Inc. boosted its holdings in Saratoga Investment by 33.4% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 193,168 shares of the financial services provider's stock valued at $4,893,000 after purchasing an additional 48,351 shares in the last quarter. Ethos Financial Group LLC acquired a new stake in shares of Saratoga Investment during the first quarter valued at $1,153,000. Trexquant Investment LP boosted its stake in shares of Saratoga Investment by 133.0% during the fourth quarter. Trexquant Investment LP now owns 64,017 shares of the financial services provider's stock valued at $1,531,000 after acquiring an additional 36,544 shares during the last quarter. Marshall Wace LLP acquired a new stake in Saratoga Investment in the 4th quarter worth about $860,000. Finally, Redhawk Wealth Advisors Inc. acquired a new stake in Saratoga Investment in the 2nd quarter worth about $845,000. 19.09% of the stock is owned by institutional investors and hedge funds.

Saratoga Investment Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 24th. Investors of record on Tuesday, July 8th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, July 8th. This represents a $1.00 annualized dividend and a yield of 4.04%. Saratoga Investment's dividend payout ratio (DPR) is currently 121.46%.

About Saratoga Investment

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.