Saratoga Investment - SAR Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Saratoga Investment in the last twelve months. There are currently 2 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.

2 Wall Street analysts have issued 1-year price targets for Saratoga Investment's shares. Their SAR share price forecasts range from $25.00 to $29.00. On average, they predict the company's stock price to reach $27.63 in the next twelve months. This suggests a possible upside of 2.1% from the stock's current price.
View analysts price targets for SAR or view top-rated stocks among Wall Street analysts.

Saratoga Investment's stock was trading at $25.49 on January 1st, 2023. Since then, SAR shares have increased by 6.1% and is now trading at $27.05.
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Saratoga Investment saw a decrease in short interest in December. As of December 30th, there was short interest totaling 40,400 shares, a decrease of 16.0% from the December 15th total of 48,100 shares. Based on an average daily volume of 35,500 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.5% of the shares of the stock are short sold.
View Saratoga Investment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our SAR earnings forecast.

Saratoga Investment Corp. (NYSE:SAR) released its quarterly earnings data on Tuesday, January, 4th. The financial services provider reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.18. The financial services provider had revenue of $16.50 million for the quarter, compared to analyst estimates of $17.39 million. Saratoga Investment had a net margin of 16.18% and a trailing twelve-month return on equity of 8.40%. During the same period in the prior year, the business earned $0.50 EPS.

Saratoga Investment announced a quarterly dividend on Tuesday, November 15th. Stockholders of record on Thursday, December 15th will be given a dividend of $0.68 per share on Wednesday, January 4th. This represents a $2.72 annualized dividend and a yield of 10.06%. The ex-dividend date is Wednesday, December 14th. This is a boost from the stock's previous quarterly dividend of $0.54.
Read our dividend analysis for SAR.

Saratoga Investment (NYSE:SAR) pays an annual dividend of $2.72 per share and currently has a dividend yield of 10.11%. 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 232.48%. 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 82.18% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for SAR.

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.

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).

Saratoga Investment trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAR."

Saratoga Investment's stock is owned by a variety of institutional and retail investors. Top institutional investors include Hennion & Walsh Asset Management Inc. (0.95%), Private Advisor Group LLC (0.46%) and Claybrook Capital LLC (0.27%). Insiders that own company stock include Christian L Oberbeck, George Cabell Williams III, Henri J Steenkamp and Steven M Looney.
View institutional ownership trends.

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.
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One share of SAR stock can currently be purchased for approximately $27.05.

Saratoga Investment (NYSE:SAR) has a market capitalization of $321.62 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 $1.17 on an earnings per share basis.

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.