Saratoga Investment - SAR Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Saratoga Investment in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SAR shares.
View SAR analyst ratings or view top-rated stocks.

1 brokers have issued 1-year price objectives for Saratoga Investment's shares. Their SAR share price forecasts range from $25.00 to $29.00. On average, they anticipate the company's share price to reach $27.33 in the next twelve months. This suggests a possible upside of 1.9% 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 $29.38 at the beginning of 2022. Since then, SAR stock has decreased by 8.7% and is now trading at $26.83.
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Saratoga Investment saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 36,100 shares, an increase of 53.0% from the October 31st total of 23,600 shares. Based on an average daily trading volume, of 36,500 shares, the short-interest ratio is currently 1.0 days. Currently, 0.4% of the company's stock are short sold.
View Saratoga Investment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 4th 2023.
View our SAR earnings forecast.

Saratoga Investment Corp. (NYSE:SAR) posted its quarterly earnings results on Tuesday, January, 4th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.18. The financial services provider earned $16.50 million during the quarter, compared to the consensus estimate of $17.39 million. Saratoga Investment had a net margin of 21.32% and a trailing twelve-month return on equity of 7.48%. During the same quarter in the prior year, the company posted $0.50 earnings per share.

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 dividend yield of 10.14%. The ex-dividend date is Wednesday, December 14th. This is a positive change 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 $2.16 per share and currently has a dividend yield of 8.05%. 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 155.40%. 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 76.87% 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 number of institutional and retail investors. Top institutional shareholders include Advisors Asset Management Inc. (1.27%), Hennion & Walsh Asset Management Inc. (0.94%), Raymond James & Associates (0.72%), Private Advisor Group LLC (0.39%), Pictet North America Advisors SA (0.36%) and Two Sigma Advisers LP (0.34%). 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 $26.83.

Saratoga Investment (NYSE:SAR) has a market capitalization of $319.28 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 $1.39 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.