NYSE:SAR Saratoga Investment - SAR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $24.91 +0.30 (+1.22%) (As of 03/22/2023 11:11 AM ET) Add Compare Share Share Today's Range$24.60▼$24.9850-Day Range$23.94▼$27.7752-Week Range$20.16▼$28.44Volume6,284 shsAverage Volume51,711 shsMarket Capitalization$296.18 millionP/E Ratio21.29Dividend Yield11.08%Price Target$27.63 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Saratoga Investment MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside12.2% Upside$27.63 Price TargetShort InterestHealthy0.56% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth16.96%From $2.83 to $3.31 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.2.40 out of 5 starsFinance Sector460th out of 872 stocksInvestment Advice Industry24th out of 47 stocks 2.5 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 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.63, Saratoga Investment has a forecasted upside of 12.2% from its current price of $24.63.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 Shorted0.56% 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 1.1, 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 22.06%, 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 11.53%, 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 235.90%. 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 83.38% 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 1.1 News and Social Media Coverage Search Interest20 people have searched for SAR on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat Follows4 people have added Saratoga Investment to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Saratoga Investment insiders have not sold or bought any 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Saratoga Investment are expected to grow by 16.96% in the coming year, from $2.83 to $3.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Saratoga Investment is 21.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Saratoga Investment is 21.05, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 138.25.Price to Book Value per Share RatioSaratoga Investment has a P/B Ratio of 0.84. 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 HeadlinesMarch 13, 2023 | msn.comSilicon Valley Bank is the second-biggest bank crash in U.S. history—here's what it means for your moneyMarch 13, 2023 | americanbankingnews.comSaratoga Investment Corp. (SAR) to Issue Quarterly Dividend of $0.69 on March 30thMarch 22, 2023 | PressReach (Ad)Stocks Positioned For The YearThis breakthrough stock has bright future this decade.March 9, 2023 | finance.yahoo.comThe Zacks Analyst Blog Highlights TriplePoint Venture Growth BDC, Vector Group, FLEX LNG, Saratoga Investment and Main Street CapitalMarch 8, 2023 | bizjournals.comCalifornia investor buys Brentwood Hotel Saratoga SpringsMarch 6, 2023 | bizjournals.comParamount and Wilton Mall not ready to abandon plans for 382 apartments, townhousesMarch 5, 2023 | msn.comSaratoga Springs Finance head announces second year of record-breaking sales taxMarch 4, 2023 | msn.comSaratoga Investment (SAR) Declares $0.69 DividendMarch 22, 2023 | PressReach (Ad)Stocks Positioned For The YearThis breakthrough stock has bright future this decade.March 3, 2023 | finance.yahoo.comSaratoga Investment (NYSE:SAR) Is Increasing Its Dividend To $0.69March 2, 2023 | finance.yahoo.comSaratoga Investment Corp 8.00% (SAJ)February 28, 2023 | finance.yahoo.comSaratoga Investment Corp. Increases Quarterly Dividend by $0.01, or 1.5%, to $0.69 per Share for the Fiscal Fourth Quarter Ended February 28, 2023February 23, 2023 | bizjournals.comElevate Albany: The basics of thinking big, from sewer lines to high-speed railFebruary 23, 2023 | morningstar.comSaratoga Large Capitalization Value IFebruary 22, 2023 | morningstar.comSaratoga Small Capitalization IFebruary 19, 2023 | morningstar.comSaratoga Moderately Agrsv Bal Allc IFebruary 18, 2023 | morningstar.comSaratoga Mid Capitalization IFebruary 18, 2023 | msn.comNew York State parks hit record attendance levels in 2022February 16, 2023 | msn.comFixing Baltimore’s vacant housing crisis will take $7.5B, new government agency, BUILD saysFebruary 16, 2023 | bizjournals.comWarehouse demand prompts Mackey Auto Group founders to expand beyond carsFebruary 16, 2023 | morningstar.comSaratoga Technology & Comm IFebruary 16, 2023 | morningstar.comSaratoga Technology & Comm AFebruary 13, 2023 | morningstar.comSaratoga Large Capitalization Growth IFebruary 13, 2023 | bizjournals.comEspey wins $7.4 million in U.S. Navy funding to assist with expansion and equipment purchasesFebruary 10, 2023 | morningstar.comSaratoga Investment Quality Bond IFebruary 7, 2023 | bizjournals.comBig growth at 550 Waterfront prompted deal with DruthersFebruary 5, 2023 | morningstar.comSaratoga Investment Quality Bond ASee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Ex-Dividend for 1/4 Dividend12/14/2022Dividend Payable1/04/2023Last Earnings1/10/2023Ex-Dividend for 3/30 Dividend3/15/2023Today3/22/2023Dividend Payable3/30/2023Next Earnings (Estimated)5/03/2023Fiscal 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$27.63 High Stock Price Forecast$29.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+10.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.17 Trailing P/E Ratio21.29 Forward P/E Ratio8.80 P/E GrowthN/ANet Income$45.74 million Net Margins16.18% Pretax Margin36.55% Return on Equity8.40% Return on Assets2.97% Debt Debt-to-Equity Ratio0.07 Current Ratio0.08 Quick Ratio0.08 Sales & Book Value Annual Sales$70.74 million Price / Sales4.19 Cash Flow$2.40 per share Price / Cash Flow10.40 Book Value$29.40 per share Price / Book0.85Miscellaneous Outstanding Shares11,890,000Free Float10,226,000Market Cap$296.18 million OptionableNot Optionable Beta1.38 Key ExecutivesChris Long OberbeckChairman, President & Chief Executive OfficerHenri Johann SteenkampCFO, Secretary, Treasurer & DirectorRochelle KracoffAssistant Chief Compliance OfficerChristine MonterossoChief Administrative OfficerMike GrisiusChief Investment OfficerKey CompetitorsSilvercrest Asset Management GroupNASDAQ:SAMGBridge Investment GroupNYSE:BRDGEast Resources AcquisitionNASDAQ:ERESMonroe CapitalNASDAQ:MRCCHywinNASDAQ:HYWView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 4,020 shares on 3/15/2023Ownership: 0.175%Rockefeller Capital Management L.P.Sold 10,106 shares on 3/6/2023Ownership: 0.069%B. Riley Wealth Advisors Inc.Bought 4,020 shares on 2/21/2023Ownership: 0.175%Legal & General Group PlcBought 3,968 shares on 2/15/2023Ownership: 0.670%Steward Partners Investment Advisory LLCBought 4,069 shares on 2/15/2023Ownership: 0.040%View All Insider TransactionsView All Institutional Transactions SAR Stock - Frequently Asked Questions Should I buy or sell Saratoga Investment stock right now? 2 Wall Street 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 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? 2 Wall Street research analysts have issued 12 month target prices for Saratoga Investment's shares. Their SAR share price forecasts range from $25.00 to $29.00. On average, they anticipate the company's stock price to reach $27.63 in the next twelve months. This suggests a possible upside of 10.9% 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 2023. Since then, SAR shares have decreased by 2.3% and is now trading at $24.91. View the best growth stocks for 2023 here. Are investors shorting Saratoga Investment? Saratoga Investment saw a increase in short interest in February. As of February 28th, there was short interest totaling 49,800 shares, an increase of 22.1% from the February 13th total of 40,800 shares. Based on an average daily trading volume, of 45,500 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.6% 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, May 3rd 2023. View our SAR earnings forecast. How were Saratoga Investment's earnings last quarter? Saratoga Investment Corp. (NYSE:SAR) announced its earnings results on Tuesday, January, 10th. The financial services provider reported $0.77 EPS for the quarter, topping the consensus estimate of $0.67 by $0.10. The financial services provider had revenue of $26.26 million for the quarter, compared to analysts' expectations of $23.87 million. Saratoga Investment had a net margin of 16.18% and a trailing twelve-month return on equity of 8.40%. How often does Saratoga Investment pay dividends? What is the dividend yield for Saratoga Investment? Saratoga Investment declared a quarterly dividend on Tuesday, February 28th. Investors of record on Thursday, March 16th will be given a dividend of $0.69 per share on Thursday, March 30th. This represents a $2.76 dividend on an annualized basis and a yield of 11.08%. The ex-dividend date is Wednesday, March 15th. This is a positive change from the stock's previous quarterly dividend of $0.68. 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), Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE), iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV), iShares Emerging Markets Equity Factor ETF (EMGF), iShares MSCI Global Energy Producers ETF (FILL) 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 11.53%. 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 235.90%. 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 83.38% 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 many different retail and institutional investors. Top institutional investors include Black Diamond Capital Management L.L.C. (8.00%), Advisors Asset Management Inc. (1.12%), Hennion & Walsh Asset Management Inc. (0.95%), Wells Fargo & Company MN (0.70%), Raymond James & Associates (0.69%) and Legal & General Group Plc (0.67%). Insiders that own company stock include 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 $24.91. How much money does Saratoga Investment make? Saratoga Investment (NYSE:SAR) has a market capitalization of $296.18 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. 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 3/22/2023 by MarketBeat.com Staff 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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