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NYSE:SAR

Saratoga Investment Stock Forecast, Price & News

$19.28
-0.16 (-0.82 %)
(As of 10/23/2020 12:00 AM ET)
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Today's Range
$19.17
Now: $19.28
$19.64
50-Day Range
$16.21
MA: $17.85
$20.53
52-Week Range
$5.94
Now: $19.28
$28.70
Volume50,044 shs
Average Volume51,466 shs
Market Capitalization$215.36 million
P/E Ratio5.22
Dividend Yield8.02%
Beta1.62
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. It seeks to invest in the United States. The firm primarily invests $5 million to $20 million in companies having EBITDA of $2 million or greater and revenues of $8 million to $150 million. 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.
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Saratoga Investment logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.42 out of 5 stars

Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-906-7800
EmployeesN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$58.45 million
Cash Flow$2.12 per share
Book Value$26.68 per share

Profitability

Net Income$55.74 million

Miscellaneous

Market Cap$215.36 million
Next Earnings Date1/13/2021 (Estimated)
OptionableNot Optionable
$19.28
-0.16 (-0.82 %)
(As of 10/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Saratoga Investment (NYSE:SAR) Frequently Asked Questions

How has Saratoga Investment's stock price been impacted by Coronavirus (COVID-19)?

Saratoga Investment's stock was trading at $21.74 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SAR shares have decreased by 11.3% and is now trading at $19.28.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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
.

When is Saratoga Investment's next earnings date?

Saratoga Investment is scheduled to release its next quarterly earnings announcement on Wednesday, January 13th 2021.
View our earnings forecast for Saratoga Investment
.

How were Saratoga Investment's earnings last quarter?

Saratoga Investment Corp (NYSE:SAR) announced its quarterly earnings data on Monday, October, 12th. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $1.48. The financial services provider earned $13.86 million during the quarter, compared to analysts' expectations of $12.95 million. Saratoga Investment had a return on equity of 8.30% and a net margin of 67.27%.
View Saratoga Investment's earnings history
.

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

Saratoga Investment announced a quarterly dividend on Wednesday, October 7th. Stockholders of record on Monday, October 26th will be paid a dividend of $0.41 per share on Tuesday, November 10th. This represents a $1.64 dividend on an annualized basis and a yield of 8.51%. The ex-dividend date is Friday, October 23rd. This is a boost from Saratoga Investment's previous quarterly dividend of $0.40.
View Saratoga Investment's dividend history
.

What price target have analysts set for SAR?

6 Wall Street analysts have issued 1 year target prices for Saratoga Investment's stock. Their forecasts range from $18.00 to $27.00. On average, they anticipate Saratoga Investment's share price to reach $22.35 in the next twelve months. This suggests a possible upside of 15.9% from the stock's current price.
View analysts' price targets for Saratoga Investment
.

Are investors shorting Saratoga Investment?

Saratoga Investment saw a increase in short interest in the month of September. As of September 30th, there was short interest totaling 49,100 shares, an increase of 36.0% from the September 15th total of 36,100 shares. Based on an average daily volume of 53,300 shares, the short-interest ratio is presently 0.9 days. Approximately 0.6% of the company's stock are sold short.
View Saratoga Investment's Short Interest
.

Who are some of Saratoga Investment's key competitors?

What other stocks do shareholders of Saratoga Investment own?

Who are Saratoga Investment's key executives?

Saratoga Investment's management team includes the following people:
  • Mr. Christian L. Oberbeck, Chairman & CEO (Age 59)
  • Mr. Michael J. Grisius, Pres & Director (Age 55)
  • Mr. Henri J. Steenkamp, Chief Compliance Officer, Sec., Treasurer & CFO (Age 43)
  • Mr. Adam Prior, Sr. VP
  • Mr. Joseph Burkhart, Managing Director of Bus. Devel.

What is Saratoga Investment's stock symbol?

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

How do I buy shares of 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.

What is Saratoga Investment's stock price today?

One share of SAR stock can currently be purchased for approximately $19.28.

How big of a company is Saratoga Investment?

Saratoga Investment has a market capitalization of $215.36 million and generates $58.45 million in revenue each year. The financial services provider earns $55.74 million in net income (profit) each year or $2.49 on an earnings per share basis.

What is Saratoga Investment's official website?

The official website for Saratoga Investment is www.saratogainvestmentcorp.com.

How can I contact Saratoga Investment?

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]

This page was last updated on 10/24/2020 by MarketBeat.com Staff

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