Saratoga Investment Reports Non-GAAP NII per Share of $0.58 and Total Investment Income of $30.63M, Falling Short by $1.76M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 07 2025
0mins
Should l Buy SAR?
Source: SeekingAlpha
Q2 Financial Performance: Saratoga Investment reported a Q2 Non-GAAP NII per share of $0.58, with total investment income of $30.63 million, a 28.8% decrease year-over-year, missing expectations by $1.76 million.
Assets Under Management: As of August 31, 2025, AUM was $995.3 million, reflecting a 4.4% decrease from the previous year but a 2.8% increase from the last quarter.
Stock Performance: Shares of Saratoga Investment fell by 1.37% in after-hours trading following the earnings report.
Dividend Declaration: The company declared a dividend of $0.25, alongside a positive ROE performance compared to the BDC industry average.
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Analyst Views on SAR
Wall Street analysts forecast SAR stock price to rise
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 22.880
Low
23.00
Averages
24.00
High
25.00
Current: 22.880
Low
23.00
Averages
24.00
High
25.00
About SAR
Saratoga Investment Corp. is a specialty finance company that provides customized financing solutions to United States middle-market businesses. The Company invests primarily in senior and unitranche leveraged loans and mezzanine debt, and, to a lesser extent, equity to provide financing for change of ownership transactions, strategic acquisitions, recapitalizations and growth initiatives in partnership with business owners, management teams and financial sponsors. Its investment’s objective is to create attractive risk-adjusted returns by generating current income and long-term capital appreciation from its debt and equity investments. The Company’s portfolio is comprised primarily of investments in leveraged loans issued by middle-market companies. It also invests in mezzanine debt and makes equity investments in middle-market companies. The Company’s investment activities are externally managed and advised by Saratoga Investment Advisors, LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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