Saratoga InvestmentSAR
SAR
About: Saratoga Investment Corp is a specialty finance company that provides customized financing solutions to U.S. 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 objective is to create attractive risk-adjusted returns by generating current income and long-term capital appreciation from its debt and equity investments.
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
18% more funds holding
Funds holding: 57 [Q3] → 67 (+10) [Q4]
14% more call options, than puts
Call options by funds: $758K | Put options by funds: $667K
13% more capital invested
Capital invested by funds: $46.7M [Q3] → $52.9M (+$6.25M) [Q4]
0.58% more ownership
Funds ownership: 15.45% [Q3] → 16.02% (+0.58%) [Q4]
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$25
8%
upside
Avg. target
$25
8%
upside
High target
$25
8%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Compass Point Casey Alexander 81% 1-year accuracy 13 / 16 met price target | 8%upside $25 | Buy Maintained | 13 Jan 2025 |
Financial journalist opinion
Neutral
Seeking Alpha
2 weeks ago
Preferreds/Bond Weekly Review: Couple Of New Issues
We take a look at the action in preferreds and baby bonds through the first week of March and highlight some of the key themes we are watching. Most preferreds sectors declined due to rising Treasury yields and wider spreads, reflecting weaker risk sentiment and lower equity prices. PennyMac Mortgage Investment Trust issued a new 9% 2030 bond, trading at an 8.35% yield, offering a stable book value profile.
Positive
Seeking Alpha
3 weeks ago
Dividend Power Dogs: 3 Top Dividend Picks For March
Three top Dividend Power stocks, Golden Ocean, Diversified Energy, and Saratoga Investment Corp, offer "safer" dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strategy focuses on high earnings yield and top dividend yield stocks, creating a resilient portfolio for both downturns and bull markets. Analysts predict significant net gains (39.97% to 168.6%) for the top ten Dividend Power stocks by March 2026, with an average net gain of 77.96%.
Neutral
GlobeNewsWire
1 month ago
Saratoga Investment Corp. Announces Quarterly Dividend of $0.74 Per Share for the Fiscal Fourth Quarter Ending February 28, 2025
NEW YORK, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors has declared a base quarterly dividend of $0.74 per share for the fiscal fourth quarter ending February 28, 2025. The dividend is payable on March 25, 2025, to all stockholders of record at the close of business on March 6, 2025.
Positive
Seeking Alpha
1 month ago
Saratoga Investment Corp.: 11% Yield, Outperforming In 2025
Saratoga Investment Corp. specializes in leveraged buyouts and various financing transactions, with a diversified $960M portfolio yielding 10.8% as of 11/30/24. SAR's fiscal Q3 '25 adjusted NII yield was 13.3%, with a trailing dividend yield of 13.04% and strong dividend growth at 17.55% over five years. SAR's assets/debt leverage improved to 1.63X, with $474M investment capacity, and is outperforming the BDC industry and S&P 500 in 2025.
Negative
Seeking Alpha
2 months ago
BDC Weekly Review: Leveraged Loan Defaults Rise To A 4-Year High
We take a look at the action in business development companies through the second week of January and highlight some of the key themes we are watching. BDCs faced a challenging week with a 2.5% drop, mirroring the broader income space; all BDCs in our coverage fell. US corporate bankruptcies hit their highest level since 2010, driven by high debt servicing costs and falling consumer demand.
Positive
Zacks Investment Research
2 months ago
Saratoga Investment (SAR) Upgraded to Buy: What Does It Mean for the Stock?
Saratoga Investment (SAR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
2 months ago
Are Investors Undervaluing Saratoga Investment Corp (SAR) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
Seeking Alpha
2 months ago
Saratoga Investment Corp (SAR) Q3 2025 Earnings Call Transcript
Saratoga Investment Corp (NYSE:SAR ) Q3 2025 Earnings Conference Call January 9, 2024 10:00 AM ET Company Participants Henri Steenkamp - Chief Financial and Chief Compliance Officer Christian Oberbeck - Chairman and Chief Executive Officer Mike Grisius - Chief Investment Officer Conference Call Participants Erik Zwick - Lucid Capital Markets Casey Alexander - Compass Point Research & Trading Mickey Schleien - Ladenburg Bryce Rowe - B. Riley Operator Good morning, ladies and gentlemen.
Positive
Zacks Investment Research
2 months ago
Saratoga Investment (SAR) Q3 Earnings and Revenues Top Estimates
Saratoga Investment (SAR) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $1.01 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
Saratoga Investment Corp. Announces Fiscal Third Quarter 2025 Financial Results
Reports 1.1% Sequential Quarter Increase in Adjusted NII per Share (Excluding the Effect of the One-Time Interest Reserve Reversal) and Grows LTM ROE to 9.2%
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