Top-Rated Dividend StocksTop-Rated DividendNYSE:SAR Saratoga Investment (SAR) Stock Forecast, Price & News $28.00 +0.21 (+0.76%) (As of 05:33 PM ET) Add Compare Share Share Today's Range$27.71▼$28.1050-Day Range$22.82▼$28.6152-Week Range$20.16▼$28.87Volume210,324 shsAverage Volume55,773 shsMarket Capitalization$332.08 millionP/E Ratio13.40Dividend Yield9.86%Price Target$27.10 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Saratoga Investment MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside3.2% Downside$27.10 Price TargetShort InterestHealthy0.34% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.11Based on 3 Articles This WeekInsider TradingAcquiring Shares$47,620 Bought Last QuarterProj. Earnings Growth-8.99%From $3.56 to $3.24 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.83 out of 5 starsFinance Sector719th out of 862 stocksInvestment Advice Industry43rd out of 51 stocks 1.5 Analyst's Opinion Consensus RatingSaratoga Investment has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.10, Saratoga Investment has a forecasted downside of 3.2% from its current price of $28.00.Amount of Analyst CoverageSaratoga Investment has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.34% of the float of Saratoga Investment has been sold short.Short Interest Ratio / Days to CoverSaratoga Investment has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Saratoga Investment has recently increased by 25.50%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipSaratoga Investment is a leading dividend payer. It pays a dividend yield of 9.94%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSaratoga Investment has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Saratoga Investment is 132.06%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Saratoga Investment will have a dividend payout ratio of 85.19% in the coming year. This indicates that Saratoga Investment may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SAR. Previous Next 1.0 News and Social Media Coverage News SentimentSaratoga Investment has a news sentiment score of -0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Saratoga Investment this week, compared to 4 articles on an average week.Search InterestOnly 15 people have searched for SAR on MarketBeat in the last 30 days. This is a decrease of -68% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Saratoga Investment to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Saratoga Investment insiders have bought more of their company's stock than they have sold. Specifically, they have bought $47,620.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders14.00% of the stock of Saratoga Investment is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 19.45% of the stock of Saratoga Investment is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Saratoga Investment are expected to decrease by -8.99% in the coming year, from $3.56 to $3.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Saratoga Investment is 13.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Saratoga Investment is 13.40, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.72.Price to Book Value per Share RatioSaratoga Investment has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Saratoga Investment (NYSE:SAR) StockSaratoga Investment Corp. (NYSE: SAR) is a publicly traded business development company (BDC) that provides customized financing solutions for middle market companies located in the United States. Saratoga's senior investment professionals have over 200 years of combined experience investing in more than $4 billion in middle market businesses.Read More Receive SAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Saratoga Investment and its competitors with MarketBeat's FREE daily newsletter. Email Address SAR Stock News HeadlinesJune 9, 2023 | americanbankingnews.comSaratoga Investment (NYSE:SAR) Rating Increased to Buy at StockNews.comJune 7, 2023 | bizjournals.comNew Saratoga Springs resort lands $28 million loan to start constructionJune 9, 2023 | Chaikin Analytics (Ad)Wall Street Legend Warns "Mass Bank Run" is ComingMan who predicted 2023 bank run warns it could soon get worse. Get out of cash and into a new vehicle 50 years in the making. Click here to learn more.June 7, 2023 | msn.comSaratoga Investment's Ex-Dividend Date Is Monday, Here's What You Need To KnowJune 1, 2023 | finance.yahoo.comSaratoga Investment's (NYSE:SAR) Dividend Will Be Increased To $0.70May 31, 2023 | finance.yahoo.comSAR - Saratoga Investment Corp.May 28, 2023 | bizjournals.comSpringCity Development maps out vision for $30 million Saratoga Springs resortMay 24, 2023 | americanbankingnews.comSaratoga Investment (NYSE:SAR) Lowered to Hold at StockNews.comJune 9, 2023 | Behind the Markets (Ad)"How war impacts the stock market"Russia's invasion of Ukraine has already sent the stock market down 10%. But that's just the opening act for the new Russia-China Alliance. There's a major event involving China that's heating up... and it could boil over as soon as April 16th, 2023. Click Here to Learn How to Protect Your RetirementMay 23, 2023 | forbes.comHow To Avoid The Worst Sector Mutual Funds 2Q23May 23, 2023 | msn.comSaratoga Investment (SAR) Declares $0.70 DividendMay 22, 2023 | msn.comSaratoga Investment raises dividend by 1.4% to $0.70May 22, 2023 | finance.yahoo.comSaratoga Investment Corp. Increases Quarterly Dividend by $0.01, or 1.4%, to $0.70 per Share for the Fiscal First Quarter Ended May 31, 2023May 19, 2023 | msn.comState invests in backstretch housing in Saratoga, also discussing vouchers statewideMay 15, 2023 | bizjournals.comAffiliate of Vermont firm under contract to buy 50,000-square-foot warehouse in HalfmoonMay 13, 2023 | americanbankingnews.comSaratoga Investment (NYSE:SAR) Downgraded to "Hold" at StockNews.comMay 11, 2023 | americanbankingnews.comSaratoga Investment Corp. (NYSE:SAR) CEO Christian L. Oberbeck Buys 2,000 SharesMay 9, 2023 | wsj.comSaratoga Investment Corp. 8.5% Notes due 2028May 8, 2023 | finance.yahoo.comBest Income Stocks to Buy for May 8thMay 7, 2023 | americanbankingnews.comSaratoga Investment (NYSE:SAR) Raised to "Buy" at StockNews.comMay 7, 2023 | americanbankingnews.comLADENBURG THALM/SH SH Cuts Saratoga Investment (NYSE:SAR) Price Target to $27.00May 7, 2023 | americanbankingnews.comSaratoga Investment Corp. (NYSE:SAR) Forecasted to Earn Q1 2024 Earnings of $0.92 Per ShareMay 4, 2023 | bizjournals.comGlobalFoundries appoints next general manager for Malta factoryMay 4, 2023 | msn.comRaymond James Maintains Saratoga Investment (SAR) Outperform RecommendationMay 4, 2023 | finance.yahoo.comQ4 2023 Saratoga Investment Corp Earnings CallMay 3, 2023 | msn.comState lawmakers pass $229 billion budgetMay 2, 2023 | msn.comSaratoga Investment (SAR) Surpasses Q4 Earnings and Revenue EstimatesSee More Headlines SAR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SAR Company Calendar Last Earnings1/04/2022Ex-Dividend for 3/30 Dividend3/15/2023Dividend Payable3/30/2023Today6/09/2023Ex-Dividend for 6/29 Dividend6/12/2023Dividend Payable6/29/2023Next Earnings (Estimated)7/05/2023Fiscal Year End2/29/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Investment advice Sub-IndustryN/A SectorFinance Current SymbolNYSE:SAR Previous SymbolNYSE:SHS CUSIPN/A CIK1377936 Webwww.saratogainvestmentcorp.com Phone(212) 906-7800Fax212-884-6184Employees5Year FoundedN/APrice Target and Rating Average Stock Price Forecast$27.10 High Stock Price Forecast$28.50 Low Stock Price Forecast$25.00 Forecasted Upside/Downside-3.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.09 Trailing P/E Ratio13.40 Forward P/E Ratio7.87 P/E GrowthN/ANet Income$24.68 million Net Margins24.90% Pretax Margin35.52% Return on Equity9.98% Return on Assets3.33% Debt Debt-to-Equity Ratio0.09 Current Ratio0.15 Quick Ratio0.15 Sales & Book Value Annual Sales$99.10 million Price / Sales3.35 Cash Flow$3.20 per share Price / Cash Flow8.76 Book Value$29.18 per share Price / Book0.96Miscellaneous Outstanding Shares11,860,000Free Float10,200,000Market Cap$332.08 million OptionableNot Optionable Beta1.35 Key ExecutivesChris Long OberbeckChairman, President & Chief Executive OfficerHenri Johann SteenkampBoard MemberRochelle KracoffAssistant Chief Compliance OfficerChristine MonterossoChief Administrative OfficerMike GrisiusChief Investment OfficerKey CompetitorsBridge Investment GroupNYSE:BRDGSilvercrest Asset Management GroupNASDAQ:SAMGValue LineNASDAQ:VALUFidus InvestmentNASDAQ:FDUSMonroe CapitalNASDAQ:MRCCView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 2,089 shares on 5/22/2023Ownership: 0.491%Putnam Investments LLCBought 19,504 shares on 5/22/2023Ownership: 0.232%Sunbelt Securities Inc.Bought 5,082 shares on 5/17/2023Ownership: 0.043%Black Diamond Capital Management L.L.C.Sold 509,570 shares on 5/16/2023Ownership: 3.725%Steward Partners Investment Advisory LLCBought 2,400 shares on 5/16/2023Ownership: 0.061%View All Insider TransactionsView All Institutional Transactions SAR Stock - Frequently Asked Questions Should I buy or sell Saratoga Investment stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Saratoga Investment in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SAR shares. View SAR analyst ratings or view top-rated stocks. What is Saratoga Investment's stock price forecast for 2023? 3 brokers have issued 12-month price objectives for Saratoga Investment's stock. Their SAR share price forecasts range from $25.00 to $28.50. On average, they anticipate the company's stock price to reach $27.10 in the next year. This suggests that the stock has a possible downside of 3.2%. 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 start of the year. Since then, SAR stock has increased by 9.8% and is now trading at $28.00. View the best growth stocks for 2023 here. Are investors shorting Saratoga Investment? Saratoga Investment saw a increase in short interest in May. As of May 15th, there was short interest totaling 31,500 shares, an increase of 25.5% from the April 30th total of 25,100 shares. Based on an average daily trading volume, of 53,800 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the shares of the stock are sold short. View Saratoga Investment's Short Interest. When is Saratoga Investment's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 5th 2023. View our SAR earnings forecast. How were Saratoga Investment's earnings last quarter? Saratoga Investment Corp. (NYSE:SAR) announced its quarterly earnings results on Tuesday, January, 4th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.55 by $0.18. The financial services provider had revenue of $16.50 million for the quarter, compared to the consensus estimate of $17.39 million. Saratoga Investment had a trailing twelve-month return on equity of 9.98% and a net margin of 24.90%. During the same quarter in the prior year, the firm earned $0.50 earnings per share. How often does Saratoga Investment pay dividends? What is the dividend yield for Saratoga Investment? Saratoga Investment declared a quarterly dividend on Monday, May 22nd. Stockholders of record on Tuesday, June 13th will be given a dividend of $0.70 per share on Thursday, June 29th. This represents a $2.80 dividend on an annualized basis and a yield of 10.00%. The ex-dividend date is Monday, June 12th. This is a positive change from the stock's previous quarterly dividend of $0.69. 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), Virtus Private Credit Strategy ETF (VPC), iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV), iShares MSCI Agriculture Producers ETF (VEGI), iShares MSCI Global Energy Producers ETF (FILL), iShares MSCI Saudi Arabia ETF (KSA) and iShares MSCI Global Sustainable Development Goals ETF (SDG). Is Saratoga Investment a good dividend stock? Saratoga Investment (NYSE:SAR) pays an annual dividend of $2.76 per share and currently has a dividend yield of 9.94%. 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 132.06%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SAR will have a dividend payout ratio of 85.19% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for SAR. 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? Based on aggregate information from My MarketBeat watchlists, some companies that other Saratoga Investment investors own include Energy Transfer (ET), Annaly Capital Management (NLY), New Residential Investment (NRZ), NGL Energy Partners (NGL), AT&T (T), Enterprise Products Partners (EPD), Ares Capital (ARCC), AGNC Investment (AGNC), Chimera Investment (CIM) and Alliance Resource Partners (ARLP). What is Saratoga Investment's stock symbol? Saratoga Investment trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAR." Who are Saratoga Investment's major shareholders? Saratoga Investment's stock is owned by a variety of retail and institutional investors. Top institutional investors include Black Diamond Capital Management L.L.C. (3.72%), Advisors Asset Management Inc. (1.17%), Hennion & Walsh Asset Management Inc. (0.82%), Raymond James & Associates (0.59%), LPL Financial LLC (0.55%) and Two Sigma Advisers LP (0.54%). 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. What is Saratoga Investment's stock price today? One share of SAR stock can currently be purchased for approximately $28.00. How much money does Saratoga Investment make? Saratoga Investment (NYSE:SAR) has a market capitalization of $332.08 million and generates $99.10 million in revenue each year. The financial services provider earns $24.68 million in net income (profit) each year or $2.09 on an earnings per share basis. How can I contact Saratoga Investment? Saratoga Investment's mailing address is 535 MADISON AVENUE, NEW YORK NY, 10022. The official website for the company is www.saratogainvestmentcorp.com. The financial services provider can be reached via phone at (212) 906-7800, via email at ccrosetto@gsc.com, or via fax at 212-884-6184. This page (NYSE:SAR) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Saratoga Investment Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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