NYSE:SAR - Saratoga Investment Stock Price, Forecast & News

Saratoga Investment trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAR."

Saratoga Investment declared a quarterly dividend on Thursday, January 9th. Stockholders of record on Friday, January 24th will be paid a dividend of $0.56 per share on Thursday, February 6th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 9.21%. The ex-dividend date is Thursday, January 23rd. View Saratoga Investment's Dividend History.

Saratoga Investment Corp (NYSE:SAR) posted its quarterly earnings results on Thursday, January, 9th. The financial services provider reported $1.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.79. The financial services provider earned $14.20 million during the quarter, compared to the consensus estimate of $14.17 million. Saratoga Investment had a return on equity of 9.77% and a net margin of 68.38%. View Saratoga Investment's Earnings History.

Saratoga Investment is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Saratoga Investment.

6 equities research analysts have issued twelve-month price targets for Saratoga Investment's shares. Their forecasts range from $24.00 to $29.00. On average, they anticipate Saratoga Investment's stock price to reach $26.46 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price. View Analyst Price Targets for Saratoga Investment.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Saratoga Investment in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Saratoga Investment.

News headlines about SAR stock have trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Saratoga Investment earned a coverage optimism score of -4.4 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Saratoga Investment.

Saratoga Investment saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 114,300 shares, an increase of 362.8% from the January 30th total of 24,700 shares. Based on an average trading volume of 88,600 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.5% of the shares of the stock are short sold. View Saratoga Investment's Current Options Chain.

Some companies that are related to Saratoga Investment include PJT Partners (PJT), Brightsphere Investment Group (BSIG), Virtus Investment Partners (VRTS), Barings BDC (BBDC), Pzena Investment Management (PZN), Diamond Hill Investment Group (DHIL), PUYI INC/ADR (PUYI), Fidus Investment (FDUS), Value Line (VALU), Westwood Holdings Group (WHG), Monroe Capital (MRCC), Silvercrest Asset Management Group (SAMG), StoneCastle Financial (BANX), Alcentra Capital (ABDC) and Great Elm Capital (GECC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Saratoga Investment investors own include Energy Transfer LP Unit (ET), New Residential Investment (NRZ), Ares Capital (ARCC), AT&T (T), AGNC Investment (AGNC), Hercules Capital (HTGC), ANNALY CAP MGMT/SH (NLY), Main Street Capital (MAIN), NGL Energy Partners (NGL) and Enterprise Products Partners (EPD).

Saratoga Investment's stock is owned by a number of of retail and institutional investors. Top institutional investors include UBS Group AG (1.22%), Ladenburg Thalmann Financial Services Inc. (1.19%), Marshall Wace LLP (0.90%), Virtus ETF Advisers LLC (0.78%), Oxford Asset Management LLP (0.47%) and Raymond James & Associates (0.46%). Company insiders that own Saratoga Investment stock include (Tony) Kiernan Anthony, Christian L Oberbeck, Elizabeth Oberbeck and Henri J Steenkamp. View Institutional Ownership Trends for Saratoga Investment.

SAR stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., Chicago Partners Investment Group LLC and Valeo Financial Advisors LLC. View Insider Buying and Selling for Saratoga Investment.

SAR stock was acquired by a variety of institutional investors in the last quarter, including WESPAC Advisors LLC, Marshall Wace LLP, Oxford Asset Management LLP, Raymond James & Associates, Ladenburg Thalmann Financial Services Inc., First Republic Investment Management Inc., UBS Group AG and Advisors Asset Management Inc.. Company insiders that have bought Saratoga Investment stock in the last two years include (Tony) Kiernan Anthony, Christian L Oberbeck and Henri J Steenkamp. View Insider Buying and Selling for Saratoga Investment.

Shares of SAR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of SAR stock can currently be purchased for approximately $24.33.

Saratoga Investment has a market capitalization of $272.06 million and generates $47.71 million in revenue each year. The financial services provider earns $18.51 million in net income (profit) each year or $2.63 on an earnings per share basis. View Additional Information About Saratoga Investment.

The official website for Saratoga Investment is http://www.saratogainvestmentcorp.com/.

Saratoga Investment's mailing address is 535 MADISON AVENUE, NEW YORK NY, 10022. The financial services provider can be reached via phone at 212-906-7800 or via email at [email protected]