Saratoga Investment Corp. is a specialty finance company. The Company is an externally managed, closed-end, non-diversified management investment company. The Company invests primarily in leveraged loans and mezzanine debt issued by private middle-market companies in the United States. Its investment objective is to generate current income and, to a lesser extent, capital appreciation from its investments. It purchases mezzanine debt and makes equity investments in middle market companies. It may invest in other investments, such as investments in distressed debt, including securities of companies in bankruptcy, foreign debt, private equity, securities of public companies that are not thinly traded and structured finance vehicles, such as collateralized loan obligation funds. Its leveraged loan portfolio consists primarily of first lien and second lien term loans. The Company's investment activities are externally managed and advised by Saratoga Investment Advisors, LLC.
Industry, Sector and Symbol:
- Market Cap: $125.1 million
- Outstanding Shares: 5,744,000
- 50 Day Moving Avg: $21.68
- 200 Day Moving Avg: $21.16
- 52 Week Range: $16.30 - $23.78
Sales & Book Value:
- Trailing P/E Ratio: 12.61
- Foreward P/E Ratio: 10.78
- P/E Growth: 0.00
- Annual Revenue: $32.59 million
- Price / Sales: 3.84
- Book Value: $22.21 per share
- Price / Book: 0.98
- Annual Dividend: $1.80
- Dividend Yield: 8.6%
- Net Margins: 29.86%
- Return on Equity: 8.88%
- Return on Assets: 3.78%
- Current Ratio: 0.15%
- Quick Ratio: 0.15%
- Average Volume: 27,287 shs.
- Beta: 0.45
- Short Ratio: 0.32
Frequently Asked Questions for Saratoga Investment Corp (NYSE:SAR)
What is Saratoga Investment Corp's stock symbol?
Saratoga Investment Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAR."
How often does Saratoga Investment Corp pay dividends? What is the dividend yield for Saratoga Investment Corp?
Saratoga Investment Corp declared a quarterly dividend on Tuesday, February 28th. Shareholders of record on Wednesday, March 15th will be given a dividend of $0.46 per share on Tuesday, March 28th. This represents a $1.84 dividend on an annualized basis and a yield of 8.45%. The ex-dividend date is Monday, March 13th. This is an increase from Saratoga Investment Corp's previous quarterly dividend of $0.45. View Saratoga Investment Corp's Dividend History.
How were Saratoga Investment Corp's earnings last quarter?
Saratoga Investment Corp (NYSE:SAR) posted its quarterly earnings results on Thursday, May, 18th. The company reported $0.19 EPS for the quarter, missing the Zacks' consensus estimate of $0.26 by $0.07. The firm had revenue of $8.36 million for the quarter. Saratoga Investment Corp had a net margin of 29.86% and a return on equity of 8.88%. View Saratoga Investment Corp's Earnings History.
Where is Saratoga Investment Corp's stock going? Where will Saratoga Investment Corp's stock price be in 2017?
1 equities research analysts have issued 1 year price targets for Saratoga Investment Corp's stock. Their forecasts range from $18.00 to $18.00. On average, they anticipate Saratoga Investment Corp's share price to reach $18.00 in the next twelve months. View Analyst Ratings for Saratoga Investment Corp.
Who are some of Saratoga Investment Corp's key competitors?
Some companies that are related to Saratoga Investment Corp include First Bancshares (FBMS), MutualFirst Financial (MFSF), Regional Management Corp (RM), Cherry Hill Mortgage Investment Corp (CHMI), First Community Financial Partners (FCFP), Southern First Bancshares (SFST), Federated National Holding Co (FNHC), Reis (REIS), Safeguard Scientifics (SFE), RAIT Financial Trust (RAS), Northrim BanCorp (NRIM), Civista Bancshares (CIVB), Capstar Financial Holdings (CSTR), Stonegate Mortgage Corp (SGM), First Business Financial Services (FBIZ), Shore Bancshares (SHBI), LCNB Corp. (LCNB) and Hallmark Financial Services (HALL).
Who owns Saratoga Investment Corp stock?
Saratoga Investment Corp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Cue Financial Group Inc. (0.70%), Mckinley Capital Management LLC Delaware (0.50%), Weber Alan W (0.30%), Legal & General Group Plc (0.22%), JPMorgan Chase & Co. (0.18%) and Ameriprise Financial Inc. (0.17%). Company insiders that own Saratoga Investment Corp stock include Christian L Oberbeck and Steven M Looney. View Institutional Ownership Trends for Saratoga Investment Corp.
Who sold Saratoga Investment Corp stock? Who is selling Saratoga Investment Corp stock?
Who bought Saratoga Investment Corp stock? Who is buying Saratoga Investment Corp stock?
Saratoga Investment Corp's stock was bought by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., JPMorgan Chase & Co., Mckinley Capital Management LLC Delaware, UBS Group AG and Legal & General Group Plc. Company insiders that have bought Saratoga Investment Corp stock in the last two years include Christian L Oberbeck and Steven M Looney. View Insider Buying and Selling for Saratoga Investment Corp.
How do I buy Saratoga Investment Corp stock?
Shares of Saratoga Investment Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Saratoga Investment Corp stock cost?
One share of Saratoga Investment Corp stock can currently be purchased for approximately $21.78.
Earnings History for Saratoga Investment Corp (NYSE:SAR)Earnings History by Quarter for Saratoga Investment Corp (NYSE:SAR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/18/2017||Q4 2017||$0.26||$0.19||$8.36 million||View||N/A|
|5/17/2016||Q416||$0.40||$0.45||$7.13 million||$7.80 million||View||Listen|
|1/13/2016||Q316||$0.49||$0.42||$7.00 million||$6.94 million||View||Listen|
|10/13/2015||Q216||$0.49||$0.22||$7.20 million||$7.76 million||View||Listen|
|7/14/2015||Q116||$0.44||$0.33||$6.82 million||$7.56 million||View||Listen|
|5/20/2015||Q415||$0.45||$0.53||$7.04 million||$7.45 million||View||N/A|
|1/14/2015||Q315||$0.42||$0.53||$6.83 million||$7.31 million||View||N/A|
|10/14/2014||Q215||$0.37||$0.43||$6.40 million||$6.48 million||View||N/A|
|7/14/2014||Q115||$0.36||$0.33||$6.35 million||$6.14 million||View||N/A|
|5/27/2014||$0.44||$0.27||$6.08 million||$5.69 million||View||N/A|
Earnings Estimates for Saratoga Investment Corp (NYSE:SAR)
Current Year EPS Consensus Estimate: $1.86 EPS
Next Year EPS Consensus Estimate: $2.02 EPS
Current Dividend Information for Saratoga Investment Corp (NYSE:SAR)
|Most Recent Dividend:||3/28/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||106.51% (Trailing 12 Months of Earnings) |
96.77% (Based on This Year's Estimates)
89.11% (Based on Next Year's Estimates)
Dividend History by Quarter for Saratoga Investment Corp (NYSE:SAR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Headline Trends for Saratoga Investment Corp (NYSE:SAR)
Latest Headlines for Saratoga Investment Corp (NYSE:SAR)
Saratoga Investment Corp (SAR) Chart for Friday, May, 26, 2017