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NYSE:SAR

Saratoga Investment Stock Forecast, Price & News

$16.75
+0.54 (+3.33 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$16.10
Now: $16.75
$16.79
50-Day Range
$16.21
MA: $17.32
$18.33
52-Week Range
$5.94
Now: $16.75
$28.70
Volume30,997 shs
Average Volume106,458 shs
Market Capitalization$187.90 million
P/E Ratio6.32
Dividend Yield9.87%
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: 3.4Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.62 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$58.45 million
Cash Flow$2.16 per share
Book Value$27.21 per share

Profitability

Net Income$55.74 million

Miscellaneous

EmployeesN/A
Market Cap$187.90 million
Next Earnings Date10/7/2020 (Confirmed)
OptionableNot Optionable
$16.75
+0.54 (+3.33 %)
(As of 09/25/2020 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 been impacted by Coronavirus?

Saratoga Investment's stock was trading at $21.74 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SAR stock has decreased by 23.0% and is now trading at $16.75.
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, October 7th 2020.
View our earnings forecast for Saratoga Investment
.

How can I listen to Saratoga Investment's earnings call?

Saratoga Investment will be holding an earnings conference call on Wednesday, October 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Saratoga Investment's earnings last quarter?

Saratoga Investment Corp (NYSE:SAR) released its quarterly earnings results on Wednesday, July, 8th. The financial services provider reported ($2.02) EPS for the quarter, missing the Zacks' consensus estimate of $0.52 by $2.54. The financial services provider earned $13.30 million during the quarter, compared to the consensus estimate of $13.54 million. Saratoga Investment had a return on equity of 8.92% and a net margin of 43.11%.
View Saratoga Investment's earnings history
.

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

Saratoga Investment declared a quarterly dividend on Tuesday, July 7th. Stockholders of record on Monday, July 27th will be given a dividend of $0.40 per share on Wednesday, August 12th. This represents a $1.60 annualized dividend and a yield of 9.55%. The ex-dividend date is Friday, July 24th.
View Saratoga Investment's dividend history
.

What price target have analysts set for SAR?

6 Wall Street analysts have issued 12-month price objectives for Saratoga Investment's shares. Their forecasts range from $18.00 to $27.00. On average, they expect Saratoga Investment's share price to reach $22.35 in the next year. This suggests a possible upside of 33.4% from the stock's current price.
View analysts' price targets for Saratoga Investment
.

Are investors shorting Saratoga Investment?

Saratoga Investment saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 36,100 shares, a drop of 25.6% from the August 31st total of 48,500 shares. Based on an average trading volume of 60,800 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.5% of the company's shares are short sold.
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."

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. (0.70%), WINTON GROUP Ltd (0.66%), Advisor Group Holdings Inc. (0.58%), Marshall Wace LLP (0.58%), Two Sigma Advisers LP (0.45%) and First Republic Investment Management Inc. (0.40%). Company insiders that own Saratoga Investment stock include (Tony) Kiernan Anthony, Christian L Oberbeck, George Cabell Williams III and Henri J Steenkamp.
View institutional ownership trends for Saratoga Investment
.

Which institutional investors are selling Saratoga Investment stock?

SAR stock was sold by a variety of institutional investors in the last quarter, including Virtus ETF Advisers LLC, Advisor Group Holdings Inc., Marshall Wace LLP, Alps Advisors Inc., PFG Advisors, and Two Sigma Advisers LP.
View insider buying and selling activity for Saratoga Investment
.

Which institutional investors are buying Saratoga Investment stock?

SAR stock was purchased by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Ahrens Investment Partners LLC, California Public Employees Retirement System, Advisors Asset Management Inc., Private Advisor Group LLC, First Republic Investment Management Inc., D.A. Davidson & CO., and Synovus Financial Corp. Company insiders that have bought Saratoga Investment stock in the last two years include (Tony) Kiernan Anthony, Christian L Oberbeck, George Cabell Williams III, and Henri J Steenkamp.
View insider buying and selling activity for Saratoga Investment
.

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 $16.75.

How big of a company is Saratoga Investment?

Saratoga Investment has a market capitalization of $187.90 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 9/26/2020 by MarketBeat.com Staff

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