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 announced a quarterly dividend on Thursday, January 9th. Shareholders 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 7.94%. The ex-dividend date of this dividend is Thursday, January 23rd. View Saratoga Investment's Dividend History.

Saratoga Investment Corp (NYSE:SAR) released its quarterly earnings data on Thursday, January, 9th. The financial services provider reported $1.37 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.79. The financial services provider earned $14.20 million during the quarter, compared to analysts' expectations 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 1-year 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 that the stock has a possible downside of 6.2%. 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.

Media stories about SAR stock have trended neutral this week, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Saratoga Investment earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the next several days. View News Stories for Saratoga Investment.

Saratoga Investment saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 22,200 shares, an increase of 55.2% from the December 15th total of 14,300 shares. Based on an average trading volume of 93,300 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% 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 Och-Ziff Capital Management Group (OZM), Sculptor Capital Management (SCU), PJT Partners (PJT), Virtus Investment Partners (VRTS), Brightsphere Investment Group (BSIG), Pzena Investment Management (PZN), Barings BDC (BBDC), Diamond Hill Investment Group (DHIL), Fidus Investment (FDUS), PUYI INC/ADR (PUYI), Value Line (VALU), Westwood Holdings Group (WHG), Monroe Capital (MRCC), Silvercrest Asset Management Group (SAMG) and StoneCastle Financial (BANX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Saratoga Investment investors own include Energy Transfer LP Unit (ET), Ares Capital (ARCC), New Residential Investment (NRZ), AT&T (T), AGNC Investment (AGNC), Enterprise Products Partners (EPD), Hercules Capital (HTGC), Main Street Capital (MAIN), Blackstone Group (BX) and Ford Motor (F).

Saratoga Investment's stock is owned by a variety of of institutional and retail investors. Top institutional investors include PFG Advisors (0.36%). 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 bought by a variety of institutional investors in the last quarter, including PFG Advisors. 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 $28.22.

Saratoga Investment has a market capitalization of $315.56 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]