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All the trading advice you’ve ever received boils down to this (Ad)
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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

Saratoga Investment Stock Price, News & Analysis (NYSE:SAR)

$26.11
-0.10 (-0.38%)
(As of 12/1/2023 ET)
Compare
Today's Range
$25.93
$26.26
50-Day Range
$23.05
$26.21
52-Week Range
$22.63
$28.87
Volume
226,809 shs
Average Volume
56,120 shs
Market Capitalization
$342.30 million
P/E Ratio
9.46
Dividend Yield
10.88%
Price Target
$27.25

Saratoga Investment MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
4.4% Upside
$27.25 Price Target
Short Interest
Healthy
0.29% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-7.34%
From $4.36 to $4.04 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.82 out of 5 stars

Finance Sector

671st out of 846 stocks

Investment Advice Industry

39th out of 46 stocks


SAR stock logo

About Saratoga Investment Stock (NYSE:SAR)

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. The firm prefers to invest in aerospace, automotive aftermarket and services, business products and services, consumer products and services, education, environmental services, industrial services, financial services, food and beverage, healthcare products and services, logistics, distribution, manufacturing, restaurants services, food services, software services, technology services, specialty chemical, media and telecommunications. It seeks to invest in the United States. The firm primarily invests $5 million to $50 million in companies having EBITDA of $2 million or greater and revenues of $8 million to $250 million. The firm prefer to take a majority stake. It invests through direct lending as well as participation in loan syndicates. The firm was formerly known as GSC Investment Corp. Saratoga Investment Corp. was formed on 2007 and is based in New York, New York with an additional office in Florham Park, New Jersey.

SAR Stock Price History

SAR Stock News Headlines

All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Saratoga Investment Corp 6.00% Notes due 2027
All 66 Aircraft Carriers in US Navy History
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Saratoga Investment Corp SAR
Retail building on Route 50 in Wilton sold
Q2 2024 Saratoga Investment Corp Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 9/28 Dividend
9/13/2023
Dividend Payable
9/28/2023
Last Earnings
10/10/2023
Today
12/02/2023
Ex-Dividend for 12/28 Dividend
12/08/2023
Dividend Payable
12/28/2023
Next Earnings (Estimated)
1/09/2024
Fiscal Year End
2/29/2024

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
N/A
Sector
Finance
Employees
5
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$27.25
High Stock Price Target
$28.50
Low Stock Price Target
$26.75
Potential Upside/Downside
+4.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$24.68 million
Pretax Margin
38.42%

Debt

Sales & Book Value

Annual Sales
$99.10 million
Cash Flow
$3.16 per share
Book Value
$29.18 per share

Miscellaneous

Free Float
11,384,000
Market Cap
$342.30 million
Optionable
Not Optionable
Beta
1.33
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Key Executives

  • Mr. Christian L. Oberbeck (Age 63)
    Chairman, CEO & President
  • Mr. Henri J. Steenkamp (Age 47)
    Chief Compliance Officer, Secretary, Treasurer, CFO & Director
  • Mr. Michael Joseph Grisius (Age 59)
    Co-Managing Partner & Chief Investment Officer
  • Mr. Adam Prior
    Senior Vice President
  • Mr. Richard A. Petrocelli CPA (Age 55)
    Managing Director
  • Mr. Paul B. West
    Managing Director
  • Ms. Marissa Mann Andrews
    Principal
  • Mr. Thomas V. Inglesby J.D.
    MD & Portfolio Manager
  • Mr. John F. MacMurray
    MD & Portfolio Manager
  • Mr. Charles G. Phillips IV (Age 75)
    Managing Director & Portfolio Manager














SAR Stock Analysis - Frequently Asked Questions

Should I buy or sell Saratoga Investment stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Saratoga Investment in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SAR shares.
View SAR analyst ratings
or view top-rated stocks.

What is Saratoga Investment's stock price target for 2024?

4 brokerages have issued 12 month price objectives for Saratoga Investment's stock. Their SAR share price targets range from $26.75 to $28.50. On average, they anticipate the company's share price to reach $27.25 in the next year. This suggests a possible upside of 4.4% from the stock's current price.
View analysts price targets for SAR
or view top-rated stocks among Wall Street analysts.

How have SAR shares performed in 2023?

Saratoga Investment's stock was trading at $25.49 at the beginning of the year. Since then, SAR shares have increased by 2.4% and is now trading at $26.11.
View the best growth stocks for 2023 here
.

When is Saratoga Investment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 9th 2024.
View our SAR earnings forecast
.

How were Saratoga Investment's earnings last quarter?

Saratoga Investment Corp. (NYSE:SAR) announced its quarterly earnings data on Tuesday, October, 10th. The financial services provider reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.06. The financial services provider earned $35.51 million during the quarter, compared to analysts' expectations of $35.40 million. Saratoga Investment had a trailing twelve-month return on equity of 13.52% and a net margin of 25.56%. During the same quarter in the previous year, the business earned $0.58 EPS.

How often does Saratoga Investment pay dividends? What is the dividend yield for Saratoga Investment?

Saratoga Investment announced a quarterly dividend on Wednesday, November 15th. Shareholders of record on Monday, December 11th will be given a dividend of $0.72 per share on Thursday, December 28th. This represents a $2.88 annualized dividend and a dividend yield of 11.03%. The ex-dividend date is Friday, December 8th. This is a positive change from the stock's previous quarterly dividend of $0.71.
Read our dividend analysis for SAR
.

Is Saratoga Investment a good dividend stock?

Saratoga Investment (NYSE:SAR) pays an annual dividend of $2.84 per share and currently has a dividend yield of 10.84%. SAR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 102.90%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SAR will have a dividend payout ratio of 70.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SAR.

What ETFs hold Saratoga Investment's stock?

ETFs with the largest weight of Saratoga Investment (NYSE:SAR) stock in their portfolio include Putnam BDC Income ETF (PBDC) and Virtus Private Credit Strategy ETF (VPC).iShares MSCI Saudi Arabia ETF (KSA).

What is Guy T. Kuster's approval rating as Saratoga Investment's CEO?

4 employees have rated Saratoga Investment Chief Executive Officer Guy T. Kuster on Glassdoor.com. Guy T. Kuster has an approval rating of 61% among the company's employees. This puts Guy T. Kuster in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Saratoga Investment own?
Who are Saratoga Investment's major shareholders?

Saratoga Investment's stock is owned by a number of institutional and retail investors. Top institutional investors include Advisors Asset Management Inc. (1.07%), Legal & General Group Plc (0.66%), Hennion & Walsh Asset Management Inc. (0.63%), Private Advisor Group LLC (0.63%), LPL Financial LLC (0.56%) and Quadrature Capital Ltd (0.42%). Insiders that own company stock include Christian L Oberbeck and Steven M Looney.
View institutional ownership trends
.

How do I buy shares of Saratoga Investment?

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

This page (NYSE:SAR) was last updated on 12/3/2023 by MarketBeat.com Staff

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