Saratoga Investment (SAR) Projected to Post Earnings on Tuesday

Saratoga Investment (NYSE:SAR - Get Free Report) is projected to announce its Q1 2026 earnings results after the market closes on Tuesday, July 8th. Analysts expect the company to announce earnings of $0.72 per share and revenue of $32.75 million for the quarter.

Saratoga Investment (NYSE:SAR - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $0.56 earnings per share for the quarter, missing analysts' consensus estimates of $0.77 by ($0.21). Saratoga Investment had a return on equity of 14.04% and a net margin of 18.87%. The business had revenue of $31.30 million for the quarter, compared to analysts' expectations of $32.86 million. On average, analysts expect Saratoga Investment to post $4 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Saratoga Investment Stock Up 0.3%

NYSE:SAR traded up $0.07 during mid-day trading on Friday, hitting $25.36. The company had a trading volume of 83,773 shares, compared to its average volume of 93,893. The business has a fifty day simple moving average of $24.47 and a 200-day simple moving average of $24.42. The firm has a market capitalization of $389.53 million, a price-to-earnings ratio of 12.43 and a beta of 0.67. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.13. Saratoga Investment has a 1 year low of $21.10 and a 1 year high of $26.49.

Saratoga Investment Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, July 24th. Stockholders of record on Wednesday, July 9th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, July 8th. This represents a dividend yield of 12.1%. Saratoga Investment's payout ratio is currently 147.06%.

Wall Street Analysts Forecast Growth

SAR has been the topic of a number of recent analyst reports. Compass Point lowered Saratoga Investment from a "buy" rating to a "neutral" rating and cut their target price for the company from $25.25 to $24.25 in a research report on Monday, June 9th. B. Riley assumed coverage on Saratoga Investment in a report on Tuesday, May 13th. They set a "neutral" rating and a $23.50 target price for the company. Finally, Wall Street Zen lowered Saratoga Investment from a "buy" rating to a "hold" rating in a research report on Tuesday, April 1st. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $24.25.

Institutional Investors Weigh In On Saratoga Investment

A hedge fund recently raised its stake in Saratoga Investment stock. Royal Bank of Canada boosted its stake in Saratoga Investment Corp (NYSE:SAR - Free Report) by 4.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,476 shares of the financial services provider's stock after buying an additional 1,018 shares during the period. Royal Bank of Canada owned 0.15% of Saratoga Investment worth $595,000 at the end of the most recent quarter. Institutional investors own 19.09% of the company's stock.

Saratoga Investment Company Profile

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.