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How High Can Copper Go? (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Could Biden's Executive Order 14017 Trigger A BULL RUN For This Little-Known Industry? (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
How High Can Copper Go? (Ad)
Biden to sign massive climate and health care legislation
2 Long-Term EV Plays Trading Under $20
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
How High Can Copper Go? (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Could Biden's Executive Order 14017 Trigger A BULL RUN For This Little-Known Industry? (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
How High Can Copper Go? (Ad)
Biden to sign massive climate and health care legislation
2 Long-Term EV Plays Trading Under $20
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
How High Can Copper Go? (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Could Biden's Executive Order 14017 Trigger A BULL RUN For This Little-Known Industry? (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
How High Can Copper Go? (Ad)
Biden to sign massive climate and health care legislation
2 Long-Term EV Plays Trading Under $20
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
How High Can Copper Go? (Ad)

Saratoga Investment - SAR Stock Forecast, Price & News

$24.88
+0.32 (+1.30%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$24.50
$24.98
50-Day Range
$22.70
$26.84
52-Week Range
$22.35
$30.25
Volume
14,323 shs
Average Volume
22,926 shs
Market Capitalization
$296.82 million
P/E Ratio
12.32
Dividend Yield
8.63%
Price Target
$29.50

Saratoga Investment MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
18.6% Upside
$29.50 Price Target
Short Interest
Healthy
0.35% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.24mentions of Saratoga Investment in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$29,425 Bought Last Quarter
Proj. Earnings Growth
4.42%
From $2.26 to $2.36 Per Share

Overall MarketRank

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

2.67 out of 5 stars

Finance Sector

229th out of 924 stocks

Investment Advice Industry

19th out of 49 stocks

SAR stock logo

About Saratoga Investment (NYSE:SAR) Stock

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. is based in New York, New York with an additional office in Florham Park, New Jersey.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on SAR shares. Raymond James reduced their price objective on shares of Saratoga Investment from $31.00 to $28.50 and set an "outperform" rating for the company in a research note on Friday, July 8th. StockNews.com upgraded shares of Saratoga Investment from a "sell" rating to a "hold" rating in a research note on Thursday, August 4th. Compass Point reduced their price objective on shares of Saratoga Investment to $29.00 and set a "na" rating for the company in a research note on Monday, May 16th. Finally, Hovde Group reduced their price objective on shares of Saratoga Investment to $28.00 in a research note on Friday, May 20th. One analyst has rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Saratoga Investment has an average rating of "Moderate Buy" and a consensus target price of $29.50.

Saratoga Investment Price Performance

Shares of SAR traded up $0.32 during mid-day trading on Tuesday, reaching $24.88. 14,323 shares of the stock traded hands, compared to its average volume of 38,849. The firm has a fifty day moving average price of $24.08 and a 200 day moving average price of $25.93. The company has a market cap of $296.82 million, a price-to-earnings ratio of 12.16 and a beta of 1.37. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.07. Saratoga Investment has a 1 year low of $22.35 and a 1 year high of $30.25.

Saratoga Investment (NYSE:SAR - Get Rating) last released its quarterly earnings results on Wednesday, July 6th. The financial services provider reported $0.53 EPS for the quarter, missing analysts' consensus estimates of $0.55 by ($0.02). The firm had revenue of $18.68 million for the quarter, compared to analysts' expectations of $18.79 million. Saratoga Investment had a net margin of 31.95% and a return on equity of 7.56%. As a group, equities research analysts predict that Saratoga Investment will post 2.26 earnings per share for the current year.

Saratoga Investment Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 29th. Stockholders of record on Tuesday, June 14th were given a dividend of $0.53 per share. The ex-dividend date was Monday, June 13th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 8.52%. Saratoga Investment's dividend payout ratio (DPR) is currently 104.95%.

Insider Buying and Selling

In related news, Director Steven M. Looney bought 1,250 shares of the business's stock in a transaction that occurred on Tuesday, August 2nd. The stock was bought at an average cost of $23.54 per share, for a total transaction of $29,425.00. Following the completion of the transaction, the director now owns 3,758 shares of the company's stock, valued at $88,463.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 14.00% of the stock is owned by company insiders.

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SAR Stock News Headlines

The business, top to bottom
10-Q: ARROW FINANCIAL CORP
Saratoga Hospital names new CEO
Adamis Pharmaceuticals Issues Letter to Stockholders
Julie Bonacio's name is everywhere in Saratoga
See More Headlines
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SAR Company Calendar

Ex-Dividend for 6/29 Dividend
6/13/2022
Dividend Payable
6/29/2022
Last Earnings
7/06/2022
Today
8/17/2022
Next Earnings (Estimated)
10/04/2022
Fiscal Year End
2/28/2023

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 Forecast
$29.50
High Stock Price Forecast
$31.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+18.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$45.74 million
Pretax Margin
34.93%

Debt

Sales & Book Value

Annual Sales
$70.74 million
Cash Flow
$2.33 per share
Book Value
$29.40 per share

Miscellaneous

Free Float
10,260,000
Market Cap
$296.82 million
Optionable
Not Optionable
Beta
1.37

Key Executives

  • Mr. Christian L. Oberbeck (Age 62)
    Chairman, CEO & Pres
  • Mr. Henri J. Steenkamp (Age 46)
    Chief Compliance Officer, Sec., Treasurer, CFO & Director
  • Mr. Michael Joseph Grisius (Age 58)
    Chief Investment Officer
  • Christine Monterosso
    Chief Admin. Officer to CEO
  • Mr. Adam Prior
    Sr. VP
  • Mr. Richard A. Petrocelli CPA (Age 54)
    Managing Director
  • Mr. Paul B. West
    Principal
  • Ms. Marissa Mann Andrews
    Principal
  • Mr. Thomas V. Inglesby J.D.
    MD & Portfolio Mang.
  • Mr. John F. MacMurray
    MD & Portfolio Mang.













SAR Stock - Frequently Asked Questions

Should I buy or sell Saratoga Investment stock right now?

3 Wall Street equities 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 equities 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 2022?

3 analysts have issued twelve-month target prices for Saratoga Investment's shares. Their SAR share price forecasts range from $28.00 to $31.00. On average, they anticipate the company's stock price to reach $29.50 in the next year. This suggests a possible upside of 18.6% 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 2022?

Saratoga Investment's stock was trading at $29.38 at the start of the year. Since then, SAR shares have decreased by 15.3% and is now trading at $24.88.
View the best growth stocks for 2022 here
.

Are investors shorting Saratoga Investment?

Saratoga Investment saw a drop in short interest in June. As of June 30th, there was short interest totaling 33,400 shares, a drop of 19.3% from the June 15th total of 41,400 shares. Based on an average daily volume of 39,800 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.8% 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 Tuesday, October 4th 2022.
View our SAR earnings forecast
.

How were Saratoga Investment's earnings last quarter?

Saratoga Investment Corp. (NYSE:SAR) posted its quarterly earnings data on Wednesday, July, 6th. The financial services provider reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.55 by $0.02. The financial services provider had revenue of $18.68 million for the quarter, compared to the consensus estimate of $18.79 million. Saratoga Investment had a trailing twelve-month return on equity of 7.56% and a net margin of 31.95%.

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

Saratoga Investment declared a quarterly dividend on Thursday, May 26th. Stockholders of record on Tuesday, June 14th will be given a dividend of $0.53 per share on Wednesday, June 29th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 8.52%. The ex-dividend date of this dividend is Monday, June 13th.
Read our dividend analysis for SAR
.

Is Saratoga Investment a good dividend stock?

Saratoga Investment (NYSE:SAR) pays an annual dividend of $2.12 per share and currently has a dividend yield of 8.63%. SAR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 104.95%. 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 89.83% 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?
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 many different institutional and retail investors. Top institutional investors include Advisors Asset Management Inc. (1.20%), Hennion & Walsh Asset Management Inc. (0.85%), Thomas J. Herzfeld Advisors Inc. (0.69%), LPL Financial LLC (0.54%), Pictet North America Advisors SA (0.35%) and Banque Pictet & Cie SA (0.35%). Insiders that own company stock include (Tony) Kiernan Anthony, Christian L Oberbeck, George Cabell Williams III, Henri J Steenkamp 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 $24.88.

How much money does Saratoga Investment make?

Saratoga Investment (NYSE:SAR) has a market capitalization of $296.82 million and generates $70.74 million in revenue each year. The financial services provider earns $45.74 million in net income (profit) each year or $2.02 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 8/17/2022 by MarketBeat.com Staff

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