Saratoga Investment Corp. is a specialty finance company. The Company is an externally managed, closed-end, non-diversified management investment company. The Company invests primarily in leveraged loans and mezzanine debt issued by private middle-market companies in the United States. Its investment objective is to generate current income and, to a lesser extent, capital appreciation from its investments. It purchases mezzanine debt and makes equity investments in middle market companies. It may invest in other investments, such as investments in distressed debt, including securities of companies in bankruptcy, foreign debt, private equity, securities of public companies that are not thinly traded and structured finance vehicles, such as collateralized loan obligation funds. Its leveraged loan portfolio consists primarily of first lien and second lien term loans. The Company's investment activities are externally managed and advised by Saratoga Investment Advisors, LLC.
Industry, Sector and Symbol:
Capitalization:- Market Cap: $122.62 million
- Outstanding Shares: 5,967,000
Average Prices:- 50 Day Moving Avg: $21.03
- 200 Day Moving Avg: $21.77
- 52 Week Range: $17.17 - $23.78
P/E:- Trailing P/E Ratio: 13.01
- Foreward P/E Ratio: 9.98
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $33.96 million
- Price / Sales: 3.61
- Book Value: $21.69 per share
- Price / Book: 0.95
Dividend:- Annual Dividend: $1.88
- Dividend Yield: 9.1%
Profitability:- Net Margins: 26.84%
- Return on Equity: 8.03%
- Return on Assets: 3.19%
Debt:- Debt-to-Equity Ratio: 0.19%
- Current Ratio: 0.15%
- Quick Ratio: 0.15%
Misc:- Average Volume: 24,731 shs.
- Beta: 0.5
- Short Ratio: 0.16
Frequently Asked Questions for Saratoga Investment Corp (NYSE:SAR)
What is Saratoga Investment Corp's stock symbol?
Saratoga Investment Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAR."
How often does Saratoga Investment Corp pay dividends? What is the dividend yield for Saratoga Investment Corp?
Saratoga Investment Corp declared a quarterly dividend on Tuesday, May 30th. Stockholders of record on Thursday, June 15th will be paid a dividend of $0.47 per share on Tuesday, June 27th. This represents a $1.88 annualized dividend and a dividend yield of 9.15%. The ex-dividend date of this dividend is Tuesday, June 13th. This is a positive change from Saratoga Investment Corp's previous quarterly dividend of $0.46. View Saratoga Investment Corp's Dividend History.
How were Saratoga Investment Corp's earnings last quarter?
Saratoga Investment Corp (NYSE:SAR) issued its quarterly earnings data on Wednesday, July, 12th. The company reported $0.60 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.47 by $0.13. The firm had revenue of $8.71 million for the quarter. Saratoga Investment Corp had a return on equity of 8.03% and a net margin of 26.84%. View Saratoga Investment Corp's Earnings History.
When will Saratoga Investment Corp make its next earnings announcement?
Who are some of Saratoga Investment Corp's key competitors?
Some companies that are related to Saratoga Investment Corp include Draper Esprit PLC (GROW), Tiziana Life Sciences PLC (TILS), CM Finance (CMFN), Gresham House plc (GHE), Cluff Natural Resources PLC (CLNR), Amedeo Resources PLC (AMED), Legendary Investments plc (LEG), Mineral & Financial Investments Ltd (MAFL), Amedeo Resources PLC (CRO), Greencoat UK Wind PLC (UKW), Henderson Global Trust PLC (HGL), International Biotechnology Trust Plc (IBT), iShares S&P NA Tec. Semi. Idx. Fd.(ETF) (SOXX), PowerShares QQQ Trust, Series 1 (QQQ), ProShares UltraShort Russell2000 (TWM), Standard Life Equity Income Trust Plc (SLET) and Tiziana Life Sciences PLC (ADI).
Who are Saratoga Investment Corp's key executives?
Saratoga Investment Corp's management team includes the folowing people:
- Christian L. Oberbeck, Chairman of the Board, Chief Executive Officer
- Michael J. Grisius, President, Director
- Henri J. Steenkamp, Chief Financial Officer, Chief Compliance Officer, Treasurer, Secretary
- Steven M. Looney, Independent Director
- Charles S. Whitman III, Independent Director
- G. Cabell Williams III, Independent Director
Who owns Saratoga Investment Corp stock?
Saratoga Investment Corp's stock is owned by many different of institutional and retail investors. Top institutional investors include Cue Financial Group Inc. (0.67%), Mckinley Capital Management LLC Delaware (0.48%), Weber Alan W (0.29%), Legal & General Group Plc (0.25%), Dynamic Technology Lab Private Ltd (0.18%) and GSA Capital Partners LLP (0.17%). Company insiders that own Saratoga Investment Corp stock include Christian L Oberbeck and Steven M Looney. View Institutional Ownership Trends for Saratoga Investment Corp.
Who sold Saratoga Investment Corp stock? Who is selling Saratoga Investment Corp stock?
Who bought Saratoga Investment Corp stock? Who is buying Saratoga Investment Corp stock?
Saratoga Investment Corp's stock was acquired by a variety of institutional investors in the last quarter, including Dynamic Technology Lab Private Ltd, GSA Capital Partners LLP, Northern Trust Corp and Legal & General Group Plc. Company insiders that have bought Saratoga Investment Corp stock in the last two years include Christian L Oberbeck and Steven M Looney. View Insider Buying and Selling for Saratoga Investment Corp.
How do I buy Saratoga Investment Corp stock?
Shares of Saratoga Investment Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Saratoga Investment Corp's stock price today?
One share of Saratoga Investment Corp stock can currently be purchased for approximately $20.55.
MarketBeat Community Rating for Saratoga Investment Corp (NYSE SAR)MarketBeat's community ratings are surveys of what our community members think about Saratoga Investment Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Saratoga Investment Corp (NYSE:SAR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Saratoga Investment Corp (NYSE:SAR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/26/2016 | Compass Point | Initiated Coverage | Neutral | $18.00 | N/A |  |
(Data available from 8/19/2015 forward)
Earnings History for Saratoga Investment Corp (NYSE:SAR)Earnings History by Quarter for Saratoga Investment Corp (NYSE SAR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/11/2017 | | | | | | | | |
| 7/12/2017 | Q1 2018 | $0.47 | $0.60 | | $8.71 million | View | N/A | |
| 5/18/2017 | Q4 2017 | $0.26 | $0.19 | | $8.36 million | View | N/A | |
| 1/11/2017 | Q317 | $0.65 | $0.27 | | $8.44 million | View | Listen | |
| 10/12/2016 | Q217 | $0.45 | $0.45 | | $8.45 million | View | N/A | |
| 7/13/2016 | Q117 | $0.51 | $0.46 | | $7.91 million | View | Listen | |
| 5/17/2016 | Q416 | $0.40 | $0.45 | $7.13 million | $7.80 million | View | Listen | |
| 1/13/2016 | Q316 | $0.49 | $0.42 | $7.00 million | $6.94 million | View | Listen | |
| 10/13/2015 | Q216 | $0.49 | $0.22 | $7.20 million | $7.76 million | View | Listen | |
| 7/14/2015 | Q116 | $0.44 | $0.33 | $6.82 million | $7.56 million | View | Listen | |
| 5/20/2015 | Q415 | $0.45 | $0.53 | $7.04 million | $7.45 million | View | N/A | |
| 1/14/2015 | Q315 | $0.42 | $0.53 | $6.83 million | $7.31 million | View | N/A | |
| 10/14/2014 | Q215 | $0.37 | $0.43 | $6.40 million | $6.48 million | View | N/A | |
| 7/14/2014 | Q115 | $0.36 | $0.33 | $6.35 million | $6.14 million | View | N/A | |
| 5/27/2014 | | $0.44 | $0.27 | $6.08 million | $5.69 million | View | N/A | |
| 1/14/2014 | Nov 2013 | $0.44 | $0.63 | | | View | N/A | |
| 10/15/2013 | Q214 | | ($0.01) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Saratoga Investment Corp (NYSE:SAR)Current Year EPS Consensus Estimate: $1.68 EPS
Next Year EPS Consensus Estimate: $2.06 EPS
Current Dividend Information for Saratoga Investment Corp (NYSE:SAR)| Most Recent Dividend: | 6/27/2017 |
| Annual Dividend: | $1.88 |
| Dividend Yield: | 9.15% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 118.99% (Trailing 12 Months of Earnings)
111.90% (Based on This Year's Estimates)
91.26% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Saratoga Investment Corp (NYSE SAR)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/30/2017 | Quarterly | $0.47 | 8.5% | 6/13/2017 | 6/15/2017 | 6/27/2017 |
| 2/28/2017 | quarterly | $0.46 | 8.09% | 3/13/2017 | 3/15/2017 | 3/28/2017 |
| 1/12/2017 | quarterly | $0.45 | 8.78% | 1/27/2017 | 1/31/2017 | 2/9/2017 |
| 10/12/2016 | Quarterly | $0.44 | 9.66% | 10/27/2016 | 10/31/2016 | 11/9/2016 |
| 8/9/2016 | special | $0.20 | 9.84% | 8/22/2016 | 8/24/2016 | 9/5/2016 |
| 7/14/2016 | quarterly | $0.43 | 10% | 7/27/2016 | 7/29/2016 | 8/9/2016 |
| 4/1/2016 | quarterly | $0.41 | 10.25% | 4/13/2016 | 4/15/2016 | 4/27/2016 |
| 1/14/2016 | quarterly | $0.40 | 10.88% | 1/28/2016 | 2/1/2016 | 2/29/2016 |
| 10/15/2015 | quarterly | $0.36 | 8.85% | 10/29/2015 | 11/2/2015 | 11/30/2015 |
| 7/15/2015 | quarterly | $0.33 | 7.72% | 7/30/2015 | 8/3/2015 | 8/31/2015 |
| 5/14/2015 | special | $1.00 | 6.11% | 5/21/2015 | 5/26/2015 | 6/5/2015 |
| 4/9/2015 | quarterly | $0.27 | 6.67% | 4/30/2015 | 5/4/2015 | 5/29/2015 |
| 9/24/2014 | quarterly | $0.22 | 5.45% | 1/29/2015 | 2/2/2015 | 2/27/2015 |
| 9/24/2014 | quarterly | $0.18 | 5.45% | 10/30/2014 | 11/3/2014 | 11/28/2014 |
(Data available from 1/1/2013 forward)
Headline Trends for Saratoga Investment Corp (NYSE:SAR)
Latest Headlines for Saratoga Investment Corp (NYSE:SAR)
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Saratoga Investment Corp (SAR) Chart for Saturday, August, 19, 2017
