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SAR Overview

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$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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Intellectia

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High
22.197
Open
22.030
VWAP
22.10
Vol
50.38K
Mkt Cap
359.35M
Low
22.009
Amount
1.11M
EV/EBITDA(TTM)
12.45
Total Shares
16.27M
EV
1.08B
EV/OCF(TTM)
--
P/S(TTM)
2.77
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.
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Events Timeline

(ET)
2026-05-05
17:30:00
Saratoga Investment Reports Q4 NAV per Share of $24.42
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2026-01-07 (ET)
2026-01-07
16:30:00
Saratoga Investment Reports Q3 NAV per Share of $25.59
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2025-11-12 (ET)
2025-11-12
08:39:17
Saratoga Investment Board Announces Special Dividend of $0.25 per Share
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2025-10-07 (ET)
2025-10-07
16:18:47
Saratoga Investment announces Q2 adjusted EPS of 58 cents, falling short of consensus estimate of 68 cents.
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2025-09-11 (ET)
2025-09-11
08:35:44
Saratoga Investment announces a quarterly dividend of 75 cents per share for Q3.
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News

seekingalpha
8.0
06-11seekingalpha
Saratoga Investment Declares $0.25 Monthly Dividend
  • Stable Monthly Dividend: Saratoga Investment has declared a monthly dividend of $0.25 per share, maintaining the previous level, which reflects the company's stability and commitment to providing consistent returns in the current market environment.
  • Attractive Yield: The forward yield of 13.43% not only attracts investors seeking stable cash flow but also enhances the company's appeal in a competitive market landscape.
  • Shareholder Record Dates: The first dividend payment is scheduled for July 23, with a record date of July 6 and an ex-dividend date also on July 6, ensuring shareholders receive their earnings promptly.
  • Future Dividend Plans: Subsequent dividend payments are planned for August 25 and September 23, with record dates of August 5 and September 3, demonstrating the company's confidence in future cash flows and commitment to ongoing shareholder returns.
Newsfilter
8.0
06-11Newsfilter
Saratoga Investment Corp. Declares Quarterly Dividend
  • Quarterly Dividend Declaration: Saratoga Investment Corp.'s Board of Directors has declared a quarterly dividend of $0.75 per share for Q2 of fiscal 2027, paid in three monthly installments of $0.25 each, demonstrating the company's commitment to providing consistent income to shareholders.
  • Dividend Yield: With a stock price of $22.34 per share as of June 9, 2026, the annualized dividend yield stands at 13.4%, which not only attracts investor interest but also reflects the company's strong performance in the current market environment.
  • Dividend Reinvestment Plan: Shareholders have the option to receive dividends in cash or common stock through the Dividend Reinvestment Plan (DRIP), requiring them to notify their brokers before the record date, thereby enhancing shareholder flexibility and engagement.
  • Historical Dividend Distribution: A total dividend of $1.50 per share has been declared for fiscal 2027, showcasing the company's stability in dividend distribution and further solidifying its position in the middle-market financing sector.
seekingalpha
9.5
05-06seekingalpha
Saratoga Investment Corp. Q4 Fiscal 2026 Earnings Highlights
  • Return on Equity Performance: Saratoga Investment Corp. reported a 9.1% return on equity this quarter, demonstrating resilience and stability in its core BDC portfolio amidst a volatile macro environment, which is crucial for maintaining investor confidence.
  • Stable Dividend Policy: The company announced a base dividend of $0.25 per share for Q1 of fiscal 2027, representing a 12.6% annualized yield, reflecting a strong commitment to shareholders while providing a reliable cash flow stream for investors.
  • Portfolio Dynamics: The total portfolio stood at $1.109 billion, down 1% from the previous quarter, primarily due to dividend payments exceeding GAAP NII, highlighting the challenges the company faces in balancing profit distribution with capital retention.
  • Increased Market Competition: Management noted that market dynamics are becoming increasingly competitive, with declining short-term interest rates and tightening spreads pressuring earnings, indicating a need for careful evaluation of investment opportunities in a changing market landscape.
seekingalpha
8.5
04-22seekingalpha
Direct Lending Strategies Face Slowest Fundraising in Three Years
  • Fundraising Slowdown: According to data from With Intelligence by S&P Global, direct lending strategies experienced their slowest fundraising activity in at least three years during Q1, with final closes totaling $10.7 billion, approximately 63% below the quarterly average of $28.7 billion from 2023 to 2025.
  • Market Volatility Impact: The report highlights that several funds have delayed their first or final closes recently due to market volatility stemming from concerns over the Middle East conflict, indicating how geopolitical risks are directly affecting the private credit market and increasing uncertainty among investors.
  • Total Private Debt Fundraising: Despite the slowdown in direct lending, a total of $49.9 billion in private debt fundraising was tracked in Q1 by With Intelligence, demonstrating relative resilience in other private debt strategies and potentially offering investors diversified options amid a challenging environment.
  • Key Fund Overview: In light of the fundraising slowdown, notable direct lending funds such as MSDL, NCDL, OBDC, and SAR are under scrutiny, with investors needing to closely monitor their subsequent developments and potential impacts on the market.
NASDAQ.COM
8.0
04-06NASDAQ.COM
Analysis of SAR Dividend Expectations and Market Performance
  • Dividend Yield Expectation: SAR's current estimated annualized dividend yield stands at 13.29%, and while dividends are not always predictable, historical data aids in assessing the reasonableness of future yields, thereby influencing investor decisions.
  • Price Fluctuation Range: SAR's 52-week low is $20.78 per share, with a high of $25.64, and the latest trade at $22.55 indicates price volatility within this range, which may affect investor confidence and market sentiment.
  • ETF Holding Proportion: According to ETF Finder, SAR constitutes 1.62% of the Virtus Private Credit Strategy ETF (Symbol: VPC), which is trading up about 0.7% on the day, highlighting SAR's significance within the ETF and its impact on the overall investment portfolio.
  • Market Performance: In Monday trading, shares of Saratoga Investment Corp are up approximately 2.4%, reflecting positive market sentiment towards the company, which may attract more investors to its dividend-paying capabilities and future growth potential.
seekingalpha
8.0
03-17seekingalpha
Saratoga Investment Declares $0.25 Monthly Dividend
  • Stable Monthly Dividend: Saratoga Investment has declared a monthly dividend of $0.25 per share, maintaining the previous level, which reflects the company's stability and commitment to returning value to shareholders in the current economic climate.
  • Attractive Yield for Investors: The forward yield of 13.7% not only provides investors with substantial cash flow but also has the potential to attract more investors seeking high-yield opportunities in the market.
  • Shareholder Record and Ex-Dividend Dates: The dividend will be payable on April 23, with a record date of April 7 and an ex-dividend date also on April 7, followed by additional payments on May 21 and June 23, ensuring timely returns for shareholders.
  • Debt Financing Initiative: Saratoga Investment is also planning to issue $100 million in 7.50% unsecured notes due in 2031, which is expected to provide additional funding support and enhance the company's financial flexibility moving forward.
Wall Street analysts forecast SAR stock price to rise
2 Analyst Rating
Wall Street analysts forecast SAR stock price to rise
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
23.00
Averages
24.00
High
25.00
Current: 0.000
sliders
Low
23.00
Averages
24.00
High
25.00
B. Riley
Sean-Paul Adams
Neutral
downgrade
$23
AI Analysis
2025-10-16
Reason
B. Riley
Sean-Paul Adams
Price Target
$23
AI Analysis
2025-10-16
downgrade
Neutral
Reason
B. Riley analyst Sean-Paul Adams lowered the firm's price target on Saratoga Investment to $23 from $23.50 and keeps a Neutral rating on the shares. The firm says the company's fiscal Q2 report highlights the headline deployment and yield pressures the business development company group is facing. However, the analyst expects Saratoga to maintain stable dividends due to spillover levels.
Clear Street
Mickey Schleien
Hold
initiated
$24
2025-09-04
Reason
Clear Street
Mickey Schleien
Price Target
$24
2025-09-04
initiated
Hold
Reason
Clear Street analyst Mickey Schleien initiated coverage of Saratoga Investment with a Hold rating and $24 price target. The firm says that while the company has "ample" liquidity, declining base rates, its high leverage, and refinancing risk will limit earnings growth. Clear Street views Saratoga's valuation as balanced at current levels.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for SAR
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Valuation Metrics

The current forward P/E ratio for Saratoga Investment Corp (SAR.N) is 11.05, compared to its 5-year average forward P/E of 8.77. For a more detailed relative valuation and DCF analysis to assess Saratoga Investment Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
8.77
Current PE
11.05
Overvalued PE
11.04
Undervalued PE
6.51

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.72
Current EV/EBITDA
0.22
Overvalued EV/EBITDA
6.95
Undervalued EV/EBITDA
-5.52

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.92
Current PS
2.80
Overvalued PS
3.71
Undervalued PS
2.14

Financials

AI Analysis
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Quarterly

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Frequently Asked Questions

What is Saratoga Investment Corp (SAR) stock price today?

The current price of SAR is 22.09 USD — it has increased 0.27

What is Saratoga Investment Corp (SAR)'s business?

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.

What is the price predicton of SAR Stock?

Wall Street analysts forecast SAR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SAR is24.00 USD with a low forecast of 23.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Saratoga Investment Corp (SAR)'s revenue for the last quarter?

Saratoga Investment Corp revenue for the last quarter amounts to 21.52M USD, decreased -7.59

What is Saratoga Investment Corp (SAR)'s earnings per share (EPS) for the last quarter?

Saratoga Investment Corp. EPS for the last quarter amounts to -0.16 USD, increased 220.00

How many employees does Saratoga Investment Corp (SAR). have?

Saratoga Investment Corp (SAR) has 0 emplpoyees as of June 21 2026.

What is Saratoga Investment Corp (SAR) market cap?

Today SAR has the market capitalization of 359.35M USD.